1. Short title This Act may be cited as the Necessary Entrepreneurship Workshops via the SBA to Transform and Assist Re-entry Training Act of 2019 or the NEW START Act of 2019 . 2. Findings Congress finds that— (1) according to the Department of Justice, every year, over 600,000 individuals are released from prison and return home to their communities, and almost 77 percent of those individuals will reoffend within 5 years; (2) according to the Center for American Progress, an estimated 60 percent of formerly incarcerated individuals will remain unemployed for a period of 1 year post-incarceration, increasing the risk for recidivism; (3) according to the Center for Economic and Policy Research, the economy of the United States loses an estimated $78,000,000,000 to $87,000,000,000 annually due to lost output from individuals with criminal records unable to find stable employment; (4) entrepreneurial development programs for incarcerated and formerly incarcerated individuals report dramatically lower rates of recidivism; and (5) self-employment can provide economic stability for those who are otherwise locked out of the labor market. 3. Pilot program (a) Definitions In this Act— (1) the term Administrator means the Administrator of the Small Business Administration; (2) the term appropriate committees of Congress means— (A) the Committee on Small Business and Entrepreneurship of the Senate; and (B) the Committee on Small Business of the House of Representatives; (3) the term covered individual means an individual who— (A) completed a term of imprisonment in Federal, State, or local jail or prison; and (B) meets the offense eligibility requirements set forth in any applicable policy notice or other guidance issued by the Small Business Administration for the program established under section 7(m) of the Small Business Act ( 15 U.S.C. 636(m) ); (4) the terms intermediary and microloan have the meanings given those terms in section 7(m)(11) of the Small Business Act ( 15 U.S.C. 636(m)(11) )