US SB2751 | 2015-2016 | 114th Congress

Status

Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on April 6 2016 - 25% progression, died in committee
Action: 2016-04-06 - Read twice and referred to the Committee on Small Business and Entrepreneurship.
Pending: Senate Small Business And Entrepreneurship Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Support Startup Businesses Act of 2016 This bill amends the Small Business Act to authorize a small business concern receiving a Phase II award (grants of up to $1 million, for up to 2 years, to facilitate expansion of Phase I startup results) under the Small Business Innovation Research program, for FY2017-FY2019, to use up to 5% of the Phase II award for commercialization-related services, including market validation, intellectual property protection, business model development, market research, and other reasonable services that support market entry. These services may be performed directly by the small business concern or obtained from a public or private nonprofit organization, a state agency, or another state-funded entity that facilitates or accelerates the commercialization of technologies or assists in the creation and growth of private enterprises that are commercializing technology.

Tracking Information

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Title

Support Startup Businesses Act of 2016

Sponsors


History

DateChamberAction
2016-04-06SenateRead twice and referred to the Committee on Small Business and Entrepreneurship.

Subjects


US Congress State Sources


Bill Comments

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