1. Short title This Act may be cited as the Accelerate Our Startups Act of 2017 . 2. Grants for nonprofit organizations that support startup businesses (a) Grants The Administrator of the Small Business Administration (hereinafter the Administrator ) shall develop and implement, beginning not later than one year after the date of the enactment of this section, a grant program under this section for State and local governmental and other nonprofit organizations that are located in the United States and support startup businesses in the United States to provide those organizations assistance to use for construction costs, space acquisition, and programmatic purposes. (b) Requirement for recipients A recipient of a grant under this section must demonstrate to the satisfaction of the Administrator that it will use the grant to provide assistance to at least 5 client businesses per year that have been in business for less than 5 years. (c) Criteria for grants The Administrator shall establish criteria for grants under this section favoring recipients that provide startups the following: (1) Office, manufacturing, or warehouse space, including appropriate operations infrastructure. (2) Access to capital (either directly from the organization or through guidance and contacts for acquiring capital from outside investors), except that such capital may not be made available from the grant funds (including by making subgrants). (3) Access to professional services (either directly from the organization or guidance and contacts for acquiring those services) including accounting and legal services, except that litigation expenses may not be made available from the grant funds. (4) A formal structured mentorship or developmental program that assists startups with building business skills and competencies. (d) Considerations To be applied in choosing recipients In determining whether or not to make a grant under this section to an organization, the Administrator shall take into account the following: (1) If the organization is