Providing for consideration of the bill (H.R. 5819) to amend the Small Business Act to improve the Small Business Innovation Research (SBIR) program and the Small Business Technology Transfer (STTR) program, and for other purposes.

Bill 110 hres 1125, also known as the Small Business Innovation Research and Small Business Technology Transfer Improvement Act of 2021, is a piece of legislation that aims to amend the Small Business Act in order to enhance the Small Business Innovation Research (SBIR) program and the Small Business Technology Transfer (STTR) program.

The SBIR program provides funding to small businesses to conduct research and development projects that have the potential for commercialization. The STTR program, on the other hand, encourages collaboration between small businesses and research institutions to develop innovative technologies.

The bill includes provisions to increase the funding levels for both programs, streamline the application process, and improve reporting requirements. It also seeks to expand the eligibility criteria for participating in the programs, with a focus on increasing participation from underrepresented groups. Additionally, the bill includes measures to enhance the commercialization of technologies developed through the programs, such as providing technical assistance and support for small businesses to bring their innovations to market. Overall, the Small Business Innovation Research and Small Business Technology Transfer Improvement Act of 2021 aims to strengthen and improve the SBIR and STTR programs in order to support small businesses in developing and commercializing innovative technologies.