H.R. 3169: SBIR/STTR Reauthorization Act of 2025
The SBIR/STTR Reauthorization Act of 2025 is a piece of legislation aimed at amending the Small Business Act to support small businesses involved in research and technology development. Below are the key components of the bill:
Extension and Enhancement of Programs
The bill extends the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, which provide funding and resources to small businesses that engage in innovative technology and research work. This extension is designed to enhance the overall effectiveness of these programs.
Increased Agency Spending
One of the key features of the bill is the promotion of increased spending by federal agencies on SBIR and STTR initiatives. This aims to provide more funding opportunities for small businesses engaged in research and development activities.
Fellowship Opportunities and Technical Assistance
The bill introduces new fellowship opportunities and improves technical assistance for participating small businesses. This is intended to help these businesses access the support and resources they need to innovate and succeed.
Commercialization Processes
To help small businesses transition from research to market, the bill improves the commercialization processes. This means it will be easier for small businesses to take their innovations and translate them into viable products or services that can be sold in the market.
Amendments to Reporting Requirements
The bill places an emphasis on enhanced reporting requirements to ensure accountability and transparency within the SBIR and STTR programs. This will involve regular updates on program performance and outcomes, allowing policymakers to evaluate the effectiveness of the initiatives.
Eligibility and Foreign Interest Restrictions
Additionally, the legislation includes provisions that revise eligibility limits for entities owned by foreign interests. This aims to ensure that funding is directed toward genuine domestic small businesses rather than foreign-owned companies that may not meet specific criteria.
Inclusion of SBICs
The bill expands the scope of funding sources by including Small Business Investment Companies (SBICs) in the funding landscape. This inclusion is intended to provide additional avenues for financing and support for small businesses engaged in innovative projects.
Extension of Timeframes
Another important aspect of the bill is the extension of timeframes for commercialization readiness and pilot programs. This adjustment allows small businesses more flexibility and time to prepare their innovations for market entry.
Impact on Small Businesses
Overall, the SBIR/STTR Reauthorization Act of 2025 is structured to bolster support for small businesses involved in research and technology through increased funding, better resources, and improved processes, enabling them to thrive in competitive markets.
Relevant Companies
None found.
This is an AI-generated summary of the bill text. There may be mistakes.
Sponsors
2 bill sponsors
Actions
2 actions
Date | Action |
---|---|
May. 01, 2025 | Introduced in House |
May. 01, 2025 | 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. |
Corporate Lobbying
0 companies lobbying
None found.
* Note that there can be significant delays in lobbying disclosures, and our data may be incomplete.
Potentially Relevant Congressional Stock Trades
No relevant congressional stock trades found.