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Small Business Innovation to Job Creation Act of 2010
To authorize the Administrator of the Small Business Administration to make grants to small business concerns to assist the commercialization of research developed with funds received under the second phase of the Small Business Innovation Research Program.
Summary
This bill authorizes the Small Business Administration to award grants to small businesses to assist with commercializing research that was developed using funds from the Small Business Innovation Research Program's Phase 2 component. Eligible businesses must have received Phase 2 funding during fiscal years 2007 or 2008, continue to meet Phase 2 eligibility criteria, have received a recommendation from their federal funding agency, and not have previously received a grant for the same research. Grant amounts are determined by the SBA in consultation with the funding agency, up to the amount of Phase 2 funds the business received. The bill authorizes $2 billion for fiscal year 2011 to fund these commercialization grants.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Rep. Tonko, Paul [D-NY-21] (D-NY)
9 cosponsors
- Rep. Carnahan, Russ [D-MO-3] (D-MO)
- Rep. Fudge, Marcia L. [D-OH-11] (D-OH)
- Rep. Hastings, Alcee L. [D-FL-23] (D-FL)
- Rep. Heinrich, Martin [D-NM-1] (D-NM)
- Rep. Luján, Ben Ray [D-NM-3] (D-NM)
- Rep. Pascrell, Bill, Jr. [D-NJ-8] (D-NJ)
- Rep. Perriello, Thomas S.P. [D-VA-5] (D-VA)
- Rep. Richardson, Laura [D-CA-37] (D-CA)
- Rep. Weiner, Anthony D. [D-NY-9] (D-NY)
Actions (5)
- Jan 27, 2010 Referred to House Science and Technology · house
- Jan 27, 2010 Referred to the Committee on Small Business, and in addition to the Committee on Science 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.
- Jan 27, 2010 Referred to House Small Business · house
- Jan 27, 2010 Referred to the Subcommittee on Contracting and Technology . · house
- Jan 27, 2010 Introduced in House
More bills on these subjects (8)
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Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Full text
IN THE HOUSE OF REPRESENTATIVES
January 27, 2010
Mr. Tonko introduced the following bill; which was referred to the Committee on Small Business, and in addition to the Committee on Science 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
A BILL
To authorize the Administrator of the Small Business Administration to make grants to small business concerns to assist the commercialization of research developed with funds received under the second phase of the Small Business Innovation Research Program.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Small Business Innovation to Job Creation Act of 2010”.
SEC. 2. COMMERCIALIZATION GRANTS TO SMALL BUSINESSES RECEIVING SBIR SECOND PHASE FUNDS.
(a) Establishment.—The Administrator of the Small Business Administration is authorized to make grants on a competitive basis to small business concerns to assist the commercialization of research developed by such small business concerns with funds received under the second phase of the Small Business Innovation Research Program.
(b) Eligibility.—The Administrator may only award a grant under this section to a small business concern that—
(1) received second phase funds during fiscal year 2007 or 2008, or both;
(2) continues to meet the criteria for receiving second phase funds at the time the grant is awarded, except for any such criteria that the Administrator determines are no longer applicable;
(3) has obtained from the Federal agency from which the small business concern received second phase funds a recommendation that the small business concern be made a grant under this section;
(4) has not previously received a grant under this section for the commercialization of the same research; and
(5) submits an application at such time and in such form as the Administrator may require, including—
(A) a description of the commercialization project for which the small business concern will use the grant funds;
(B) the budget for such project; and
(C) a certification that the small business concern meets the criteria described in paragraph (2).
(c) Grant Amount.—A grant under this section shall be in an amount the Administrator, in consultation with the Federal agency from which the small business concern received second phase funds, considers appropriate, but such grant shall not exceed the amount of the second phase funds received by such small business concern with respect to the research involved.
(d) Definitions.—In this section—
(1) the term “Administrator” means the Administrator of the Small Business Administration; and
(2) the terms “Federal agency”, “research”, “second phase”, and “Small Business Innovation Research Program” have the meanings given such terms in section 9(e) of the Small Business Act (15 U.S.C. 638(e)).
(e) Authorization of Appropriations.—There are authorized to be appropriated to carry out this section $2,000,000,000 for fiscal year 2011. <all>
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