Referred to the Committee on Small Business, and in addition to the Committee on Science, Space, and Technology, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Summary
The bill amends the Small Business Act to keep support for the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs’ administrative, oversight, and contract‑processing costs until September 30 2030, raises the funding rate from 3 % to 3.3 %, and requires agencies such as the Department of Defense, Energy, HHS, NASA, and NSF to transfer at least 10 % of those funds to the SBIR administrator. It also adds language to help states and underserved groups that have historically received few SBIR awards increase their participation.
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