Bill > HR3239

This bill, called the Research Advancing to Market Production for Innovators Act, aims to improve commercialization activities in the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs through several key provisions. The bill modifies the peer review process for SBIR and STTR programs to include assessments of commercialization potential, requiring at least one reviewer with commercialization expertise. It introduces a new requirement for federal agencies to designate a Technology Commercialization Official who will provide guidance to award recipients, identify promising technologies, and coordinate commercialization efforts. The legislation enhances technical and business assistance by allowing recipients more flexibility in using funds for staff training, cybersecurity assistance, and other support services. It also provides options for participants to engage in Innovation Corps (I-Corps) training and creates a comprehensive commercialization impact assessment that will track various metrics like revenue, patents, employee growth, and investment for companies receiving multiple Phase II awards. Additionally, the bill establishes a prioritized patent examination program in collaboration with the United States Patent and Trademark Office to help SBIR and STTR recipients protect their intellectual property. These changes are designed to increase the likelihood of successful commercialization of federally funded research and development projects by small businesses.

Business and Industry

https://www.congress.gov/bill/119th-congress/house-bill/3239/all-info