Research Advancing to Market Production for Innovators Act

12/30/2022, 7:48 AM

Research Advancing to Market Production for Innovators Act

This bill provides commercialization services for federally funded small business research and development under the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs.

Specifically, the bill (1) expedites the application and award process for SBIR proposals and STTR solicitations, (2) requires determinations of commercialization potential for projects undertaken through SBIR and STTR awards, (3) provides continued flexibility of technical and business assistance for SBIR and STTR awardees, (4) instructs participating federal agencies to designate a technology commercialization official to help awardees commercialize, and (5) requires the Small Business Administration and the U.S. Patent Office to reach an interagency agreement to help SBIR and STTR awardees with intellectual property protection.

Congress
117

Number
S - 3109

Introduced on
2021-10-28

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

10/28/2021

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Research Advancing to Market Production for Innovators Act

This bill provides commercialization services for federally funded small business research and development under the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs.

Specifically, the bill (1) expedites the application and award process for SBIR proposals and STTR solicitations, (2) requires determinations of commercialization potential for projects undertaken through SBIR and STTR awards, (3) provides continued flexibility of technical and business assistance for SBIR and STTR awardees, (4) instructs participating federal agencies to designate a technology commercialization official to help awardees commercialize, and (5) requires the Small Business Administration and the U.S. Patent Office to reach an interagency agreement to help SBIR and STTR awardees with intellectual property protection.

Alternative Names
Official Title as IntroducedA bill to improve commercialization activities in the SBIR and STTR programs, and for other purposes.

Policy Areas
Commerce

Comments

Recent Activity

Latest Summary11/8/2021

Research Advancing to Market Production for Innovators Act

This bill provides commercialization services for federally funded small business research and development under the Small Business Innovation Research (SBIR) and Small Busi...


Latest Action10/28/2021
Read twice and referred to the Committee on Small Business and Entrepreneurship.