SBIR/STTR Innovation Workforce Act
SBIR/STTR Innovation Workforce Act
Plain Language Summary
# SBIR/STTR Innovation Workforce Act Summary **What the Bill Does:** This bill aims to strengthen the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs by focusing on workforce development. These existing federal programs provide grants and contracts to small businesses and startups to support research and development in science and technology. The bill would enhance these programs to better prepare and train workers for jobs in innovative, technology-driven companies. **Who It Affects:** The bill would primarily affect small businesses, startups, and research institutions that participate in SBIR/STTR programs, as well as workers seeking training in science and technology fields.
Educational institutions that partner with these programs may also be impacted. The goal is to create a pipeline of skilled workers for innovation-based industries. **Current Status:** As of now, the bill (HR 5212) is in committee and has not yet been voted on by the full House of Representatives. This means it's still in the early stages of the legislative process and would need to advance through committee review and pass both the House and Senate before becoming law.
Latest Action
Referred to the Committee on Small Business, and in addition to the Committee on Science, Space, 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.