Bill > HR2789

This bill, the Support Startup Businesses Act of 2017, aims to amend the Small Business Act to reauthorize and improve the Small Business Innovation Research (SBIR) Program and the Small Business Technology Transfer (STTR) Program. Key provisions of the bill include: 1) Expanding the technical and business assistance services available to small businesses participating in the SBIR/STTR programs, such as help with product sales, intellectual property protection, market research, and developing regulatory and manufacturing plans. 2) Allowing small businesses to select their own vendors to provide these technical and business assistance services, rather than being limited to a single vendor selected by the agency. 3) Increasing the funding limits for technical and business assistance services from $5,000 per year to $6,500 per project, and from $5,000 per year to $35,000 per project for additional assistance. 4) Allowing business-related services aimed at improving commercialization to be obtained from a broader range of entities, including public or private organizations and state-funded entities that facilitate technology commercialization. 5) Establishing a limit on the amount of technical and business assistance services that can be received by small businesses that have received multiple Phase II SBIR or STTR awards in a fiscal year.

Business and Industry

https://www.congress.gov/bill/115th-congress/house-bill/2789/all-info