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Improving Small Business Innovative Research and Technologies Act of 2015

4/7/2025, 2:56 PM

Summary of Bill S 2136

Bill 114 s 2136, also known as the Improving Small Business Innovative Research and Technologies Act of 2015, aims to enhance the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. These programs provide funding opportunities for small businesses to engage in research and development projects that have the potential for commercialization.

The bill seeks to increase the flexibility and efficiency of the SBIR and STTR programs by allowing participating agencies to allocate a certain percentage of their extramural research budgets to these programs. This would ensure that small businesses have access to a greater pool of funding opportunities.

Additionally, the bill aims to streamline the application and review process for SBIR and STTR grants, making it easier for small businesses to participate in these programs. It also includes provisions to improve the reporting and oversight of funded projects, ensuring that taxpayer dollars are being used effectively. Overall, the Improving Small Business Innovative Research and Technologies Act of 2015 seeks to support and promote innovation in small businesses, ultimately driving economic growth and job creation.

Current Status of Bill S 2136

Bill S 2136 is currently in the status of Bill Introduced since October 6, 2015. Bill S 2136 was introduced during Congress 114 and was introduced to the Senate on October 6, 2015.  Bill S 2136's most recent activity was By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report under authority of the order of the Senate of 12/10/2016. Report No. 114-414. as of December 20, 2016

Bipartisan Support of Bill S 2136

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 2136

Primary Policy Focus

Commerce

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