summary
Introduced
02/13/2018
02/13/2018
In Committee
03/14/2018
03/14/2018
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
Support Startup Businesses Act of 2018 This bill amends the Small Business Act to modify the technical assistance that is available under the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. Specifically, the bill: expands technical assistance under the SBIR and STTR programs to include specified assistance related to commercialization, modifies the limit on specified technical assistance under either program from $5,000 annually to 5% of the total award amount, and otherwise revises provisions related to the SBIR and STTR programs.
AI Summary
This bill amends the Small Business Act to modify the technical and business assistance available under the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. Specifically, it expands the types of assistance that can be provided, increases the funding limit for such assistance from $5,000 annually to 5% of the total award amount, and requires annual reporting by small businesses on the benefits and results of the assistance received. The bill also requires the Small Business Administration to review the efficacy of the technical and business assistance provisions.
Committee Categories
Business and Industry
Sponsors (3)
Last Action
By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-454. (on 12/21/2018)
Official Document
bill text
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