SB1396: Research Advancing to Market Production for Innovators Act
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
A bill to improve commercialization activities in the SBIR and STTR programs, and for other purposes.
Plain-language summary
This bill aims to improve how small businesses turn research into products through two federal programs: SBIR (Small Business Innovation Research) and STTR (Small Business Technology Transfer). These programs give government funding to small companies and startups working on new technology and innovation. The bill would update rules and support to help these funded companies move from research to actually making and selling products. It was introduced in the Senate by senators from both parties and is currently awaiting review.
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SB1396: Research Advancing to Market Production for Innovators Act