To extend the SBIR and STTR programs, and for other purposes.
Summary
H.R. 5100 would reauthorize the Small Business Innovation Research (SBIR) program and the Small Business Technology Transfer (STTR) program through fiscal year 2026. These programs provide competitive grants and awards to small businesses across the country to help them conduct research and development projects with commercial potential. Multiple federal agencies administer these programs, allowing small businesses to access federal funding for innovation that might otherwise be difficult to obtain.
For everyday citizens, this bill would mean continued support for small business innovation and technological advancement. Small companies working on new products, services, and technologies would have access to federal funding to develop their ideas. This can lead to new jobs, economic growth in local communities, and innovative products and services that reach consumers.
The bill has already passed the House of Representatives and is now being reviewed by the Senate Committee on Small Business and Entrepreneurship. If approved by the Senate, it would ensure these important small business funding programs continue operating without interruption through 2026.