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The table of contents for this Act is as follows: Sec. 1. Short title. Sec. 2. Table of contents. Title I—Reauthorization of Programs Sec. 101. Extension of SBIR and STTR authority. Sec. 102. Extension of FAST Program. Title II—Enhancing Competition Sec. 201. Increasing agency expenditures for SBIR and STTR programs. Sec. 202. SBIR and STTR fellowships. Sec. 203. Application assistance to broaden participation. Sec. 204. Technical and business assistance improvements. Sec. 205. Improvements to website relating to the SBIR program or STTR program. Title III—Commercialization Improvements Sec. 301. Phase III award education. Sec. 302. Technology Commercialization Official. Sec. 303. Phase III improvements. Title IV—Pilot Programs Sec. 401. Extend and modify assistance for administrative, oversight, and contract processing costs. Sec. 402. Extend and expand the direct to Phase II authority. Sec. 403. Extend commercialization readiness program for civilian agencies. Sec. 404. Extension of certain SBIR and STTR pilot programs. Sec. 405. Extension of due diligence program to assess security risks. Title V—Oversight and Simplification Initiatives Sec. 501. Annual reports to Congress. Sec. 502. Comptroller General report on diversification and commercialization. Sec. 503. Extend the report on award timeliness. Sec. 504. Pilot program to accelerate National Institutes of Health evaluation process. Sec. 505. Codifying safeguards for small business concerns majority-owned by venture capital operating companies, hedge funds, or private equity firms. Sec. 506. Commercialization impact assessment. Title VI—Technical Changes Sec. 601. Inclusion of SBICs in the SBIR and STTR programs. Sec. 602. Phase III and sole-source awards.