SBIR/STTR Application Assistance Act
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Overview
This bill, the SBIR/STTR Application Assistance Act, directs the Small Business Administration (SBA) to provide assistance to small businesses seeking to apply for grants through the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. It extends the timeframe for the SBA’s FAST program and mandates increased outreach efforts to minority and Hispanic-serving institutions to encourage greater participation in these programs. The bill aims to broaden access to federal research and development funding for small businesses.
Key provisions
- Extends the period for the SBA’s FAST program to September 30, 2030.
- Requires the SBA to provide assistance to small businesses applying for SBIR and STTR programs.
- Mandates enhanced outreach to minority institutions and Hispanic-serving institutions.
- Updates SBA policy directives to prioritize outreach to researchers at these institutions.
- Addresses participation levels in SBIR and STTR programs in states with historically low award rates.
Who is affected
- Small businesses
- The Small Business Administration (SBA)
- Minority institutions
- Hispanic-serving institutions
- Federal agencies administering SBIR and STTR programs
Notable changes
- Increases the SBA’s responsibility to provide application assistance.
Bill text
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Sponsors
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1 on record
Primary sponsor
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