SBIR/STTR Reauthorization Act of 2025
SBIR/STTR Reauthorization Act of 2025
Plain Language Summary
# SBIR/STTR Reauthorization Act of 2025 - Summary **What the Bill Does:** This bill would reauthorize and update the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, which are federal grant and funding initiatives that help small companies and startups develop new technologies and innovations. These programs operate across multiple federal agencies and provide competitive grants to small businesses working on research and development projects, particularly in areas like advanced manufacturing, clean energy, biotechnology, and information technology. **Who It Affects:** The bill primarily affects small businesses, startups, and research institutions that participate in or could benefit from SBIR/STTR funding. It also impacts federal agencies that administer these programs, as well as the broader innovation ecosystem. Universities and nonprofit research organizations that partner with small businesses may also be affected. **Current Status:** As of now, the bill (S 1573) has been introduced in the Senate and referred to committee.
It has not yet been voted on or advanced further in the legislative process. The bill was sponsored by Senator Edward Markey (D-MA). Without access to the specific provisions being proposed in this 2025 version, the exact changes to funding levels, eligibility requirements, or program structure cannot be detailed here.
Latest Action
Read twice and referred to the Committee on Small Business and Entrepreneurship.