Renews the SBIR and STTR small business research award programs through 2031

§1What it does

Why this matters: A plain-English description of the bill as it was voted on, written by us from the official summary and text.

✎ Drafted by AI from the public sources cited. Each sentence links to its source.

This law renews through the 2031 budget year the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, in which federal agencies award funding to small U.S. businesses for research and development projects that could become commercial products.^2,3 It requires agencies to do more to evaluate the security risks of small businesses that apply for awards, and to tell an applicant the reason if they deny an application for security reasons.^2,3 It also has each agency cap how many proposals a business may submit each year in the programs' first two phases, expands training for federal contracting staff on awards that bring technologies to market, and creates extra awards in critical technology areas for businesses that show an effective technology and obtain matching funds.^2,3

§2Status

§3How Congress voted

Why this matters: The official count.