A firm may use the funding to hire, augment or direct staff for training
What the document says“A small business concern may, by contract or otherwise, use funding provided under this section to hire new staff, augment staff, or direct staff to conduct or participate in training activities consistent with the goals listed in paragraph (1).”
Subsection (1)(B)(iv) adds a new subparagraph (B) to subsection (q)(2), under a paragraph heading this section changes from 'Vendor selection' to 'Eligible uses of funds'. The new item lets a small business concern use the funding, by contract or otherwise, to hire new staff, augment staff, or direct staff to conduct or take part in training activities consistent with the goals in paragraph (1).
What the document actually says“A small business concern may, by contract or otherwise, use funding provided under this section to hire new staff, augment staff, or direct staff to conduct or participate in training activities consistent with the goals listed in paragraph (1).”
A firm can spend the money on people. It can hire, add to its team, or send staff to training. The training has to match the goals in the law.
Before this the money went to outside sellers. Now a firm can build the skill in house instead.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.