summary
Introduced
05/25/2017
05/25/2017
In Committee
05/22/2018
05/22/2018
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
SBIR Commercialization Assistance Act of 2017 This bill amends the Small Business Act to require a federal agency required to have a Small Business Innovation Research (SBIR) program (covered agency) to implement a commercialization assistance pilot program (CAPP), under which an eligible entity may received a subsequent Phase II SBIR award through FY2022, unless the Small Business Administration determines that the agency already has a program sufficiently similar to a CAPP. An eligible entity is a small business concern that has received a Phase II award under an SBIR program and an additional Phase II SBIR award from the covered agency to which such small business concern is applying for the subsequent award. The Government Accountability Office must evaluate and report to Congress on CAPP, including a summary of activities and results and recommendations for CAPP improvement.
AI Summary
This bill amends the Small Business Act to require federal agencies with a Small Business Innovation Research (SBIR) program to implement a commercialization assistance pilot program (CAPP). Under the CAPP, an eligible small business that has previously received a Phase II SBIR award and an additional Phase II SBIR award can receive a subsequent Phase II SBIR award to further commercialize their research, provided they obtain matching funding from an eligible third-party investor. The bill limits the funding for the CAPP to 5% of the agency's SBIR program funds and requires the Government Accountability Office to evaluate and report on the CAPP's activities, results, and recommendations for improvement.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Referred to the Subcommittee on Research and Technology. (on 05/22/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/115th-congress/house-bill/2702/all-info |
| BillText | https://www.congress.gov/115/bills/hr2702/BILLS-115hr2702ih.pdf |
| Bill | https://www.congress.gov/115/bills/hr2702/BILLS-115hr2702ih.pdf.pdf |
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