Directs the economic development commission, in conjunction with the workforce training and education coordinating board, to: (1) Establish and maintain an inventory of the entrepreneurial education, training, and technical assistance services and programs available in the state;

(2) Evaluate the extent to which existing entrepreneurial training and technical assistance programs in the state are effective and represent a consistent, integrated approach to meeting the needs of start-up and existing entrepreneurs;

(3) Identify policies to reduce administrative and other barriers to efficient delivery and coordination of entrepreneurial assistance; and

(4) Distribute awards for excellence in entrepreneurial training and assistance.