An Act To extend the SBIR and STTR programs, and for other purposes.
Summary
H.R. 5100 extends the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs through September 30, 2026. These programs support small businesses engaged in research and development. The Act amends several sections of the Small Business Act to reflect this extension.
Expected Effects
The primary effect of this bill is to ensure the continuation of funding and support for small businesses participating in the SBIR and STTR programs for an additional year. This extension allows these businesses to continue their research and development activities without interruption. It also provides stability for related pilot programs and administrative assistance.
Potential Benefits
- Continued support for small businesses engaged in innovative research.
- Maintains funding for critical research and development projects.
- Provides stability for small business programs.
- Supports job creation in the small business sector.
- Encourages technological advancement and commercialization.
Most Benefited Areas:
Potential Disadvantages
- Potential for inefficient allocation of resources if programs are not properly managed.
- Possible lack of oversight in the distribution of funds.
- Limited immediate impact; primarily a continuation of existing programs.
- Does not address underlying issues within the SBIR/STTR programs, if any.
- May not benefit all small businesses equally.
Constitutional Alignment
The bill aligns with the Constitution's Article I, Section 8, which grants Congress the power to promote the progress of science and useful arts. By extending programs that support small business innovation, the bill indirectly promotes economic growth and technological advancement, aligning with the general welfare clause.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).