This bill changes how the federal SBIR and STTR small business research programs support turning research into products. It requires peer review to consider the likelihood of commercialization and to include at least one reviewer with commercialization experience. It shortens two existing 1-year time references to 180 days in SBIR and STTR peer review provisions. Agencies may use a limited share of their SBIR/STTR funds for flexible Phase awards during fiscal years 2025–2027 (generally up to 10% of an agency’s SBIR/STTR funds, and up to 15% for the National Institutes of Health).
The bill also requires each participating agency to designate an existing Technology Commercialization Official to guide awardees, identify technologies ready to move to Phase III or non-SBIR contracts, coordinate with other agencies, and submit annual reports on commercialization activity and process improvements. It expands technical and business assistance: recipients must be allowed to choose assistance (including cybersecurity help), may use funds to hire or train staff, and may receive up to $6,500 per Phase I project and up to $50,000 per Phase II project for such services (as part of or in addition to award funding). Agencies may offer participation in I‑Corps teams courses and allow use of assistance funds to cover participation costs.
The Administrator must coordinate an annual commercialization impact assessment measuring many outcomes (awards, revenues, patents, spin‑outs, Phase III awards, employment, and other items) for covered firms and include the assessment in annual reporting to Congress. The bill also directs the Administrator to make an interagency agreement with the USPTO to create a prioritized patent examination program for SBIR and STTR recipients and to provide outreach about Pro Se assistance and scam prevention.
The bill is written to strengthen commercialization of federally funded small business research by adding commercialization expertise to peer review, giving awardees clearer access to technical and business help, creating agency commercialization officials, supporting I‑Corps participation, tracking commercialization outcomes, and speeding patent processing for awardees.
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