House Bill 32-1

[Sheriden]

The Citizen's Republic of Corulag

House Bill 32-1

Presented to the House of Citizens

On behalf of the Prime Minister

Curamelle City, Corulag - The House of Citizens
Parliament passes HB32-1, authorizing small business grants, unanimously

Corulag has long been known for the luxury goods it exports throughout the core and in civilized corners of the galaxy.  Today, the House of Citizens, voted unanimously to approve  HB32-1 authorizing a new small business grant program intended to inspire growth and diversification in the luxury goods market.

With many worlds throughout the Republic refocusing their economies on industrial goods and war provisions the time is ripe for Corulag to assert dominance in the trade of those goods which may become more scarce in the future.  The grant program will enable artists, craftsmen, and various creative entrepreneurs to open new workshops and studios to produce goods for export.

Individuals wishing to open new studios and workshops will be eligible for an initial grant to finance the creation of sample products, which if approved for export by the Ministry of Culture, will unlock additional grant funding for the creation of permanent facilities to continue manufacture of the goods. The third and final tier of grants is reserved for artisans who begin successfully exporting luxury goods to allow them to expand their staffing and increase production. The nature of the program is designed to limit grant accessibility to individuals and small enterprises and not existing producers.

The bill authorizes the Minister of the Interior and the Ministry of Culture to establish grant offices, hire personnel, advertise the program, issue grants, review proposals, and approve advancement through the three tiers of grant funding. The program budget allocates funding over a ten year period, with 1,000,000,000 credits in total funding. Because of the limited window of funding availability the government hopes to avoid the creation of a new permanent bureaucracy or infrastructure costs.

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Action expectations:
Decrease in treasury of 1,000,000,000 credits
Increase in GDP as production of Luxury Goods increases

[Sheriden]

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