Bill 118 hr 4669, also known as the Department of Energy and Small Business Administration Joint Research and Development Act, aims to promote collaboration between the Department of Energy (DOE) and the Small Business Administration (SBA) in conducting research and development activities. The bill seeks to enhance innovation and technological advancements by leveraging the expertise and resources of both agencies.
Specifically, the bill outlines provisions for joint research and development projects, including the establishment of a collaborative framework for sharing information, resources, and expertise. It also calls for the creation of a joint advisory committee to oversee and coordinate these activities.
Additionally, the bill includes measures to support small businesses in accessing DOE research and development opportunities, such as providing technical assistance, training, and outreach programs. It also aims to streamline the application process for small businesses seeking to participate in DOE research projects.
Overall, the Department of Energy and Small Business Administration Joint Research and Development Act seeks to foster partnerships between government agencies and small businesses to drive innovation, economic growth, and job creation.