Last progress July 17, 2025 (4 months ago)
Introduced on July 17, 2025 by Kelly Morrison
Referred to the Committee on Small Business, and in addition to the Committee on Science, Space, and Technology, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
This bill aims to help more small businesses and researchers take part in the SBIR and STTR programs. It directs the Small Business Administration (SBA) to provide hands-on help with applications, especially in states that have gotten few awards in the past. It also extends the FAST Program through September 30, 2030, so local partners can keep helping entrepreneurs for several more years.
The bill requires stronger outreach to people doing research at minority-serving and Hispanic-serving colleges. The SBA must update its policies within 90 days after the law takes effect to boost participation in the SBIR program, and add similar outreach steps in the STTR program.