Skip to main content
S 2751 114th Congress Senate Commerce Business investment and capital Intellectual property Marketing and advertising Research and development Small business Technology transfer and commercialization

Support Startup Businesses Act of 2016

Introduced: April 6, 2016 Introduced by: Coons, Christopher A. Democratic · Delaware See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 6, 2016
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Apr 6, 2016
Introduced in Senate
 Plain-English summary Congressional Research Service

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.

What's happening now April 6, 2016

Read twice and referred to the Committee on Small Business and Entrepreneurship.

 Committees of jurisdiction 1