Technology commercialization official

Section 9 of the Small Business Act (15 U.S.C. 638) is amended by adding at the end the following: (aaa) Technology Commercialization Official Each Federal agency participating in the SBIR or STTR program shall— (1) designate an existing official within the Federal agency as the Technology Commercialization Official of the Federal agency, who shall— (A) have sufficient commercialization experience; (B) provide guidance to SBIR and STTR program awardees in commercializing and transitioning technologies; (C) identify and advocate for SBIR and STTR program technologies with sufficient technology and commercialization readiness to advance to Phase III awards or other non-SBIR or STTR program contracts; (D) coordinate with the Administration and Technology Commercialization Officials of other Federal agencies to identify additional markets and commercialization pathways for promising SBIR and STTR program technologies; (E) submit to the Administration an annual report on the number of technologies from the SBIR or STTR program that have advanced commercialization activities, including information required in the commercialization impact assessment under subsection (ccc); (F) submit to the Administration an annual report on actions taken by the Federal agency, and the results of those actions, to simplify, standardize, and expedite the application process and requirements, procedures, and contracts as required under subsection (hh); and (G) carry out such other duties as the Federal agency determines necessary; or (2) identify an official carrying out substantially similar responsibilities as those described in paragraph (1)..