Technology Commercialization Official

Section 9 of the Small Business Act (15 U.S.C. 638), as amended by section 204, is amended by adding at the end the following: (bbb) Technology Commercialization Official The head of each Federal agency required to establish an SBIR or STTR program shall— (1) designate an existing official within the Federal agency as the Technology Commercialization Official of that Federal agency, who shall— (A) have sufficient experience with commercialization; (B) provide guidance to SBIR and STTR program awardees in commercializing and transitioning technologies; (C) coordinate with the Administrator and the Technology Commercialization Officials of other Federal agencies to identify additional markets and commercialization pathways for promising SBIR and STTR program technologies; (D) submit to the Administrator an annual report on the number of technologies from that SBIR or STTR program that have advanced commercialization activities, including information required in the commercialization impact assessment report under subsection (ccc); (E) identify and advocate for SBIR and STTR technologies with sufficient technology and commercialization readiness to advance to Phase III awards or other non-SBIR or STTR program contracts; (F) submit to the Administrator an annual report on— (i) the actions taken by that Federal agency to simply, standardize, and expedite the application process and requirements, procedures, and contracts as required under subsection (hh); and (ii) the results of the actions taken under clause (i); and (G) carry out such other duties as the head of that Federal agency determines necessary; or (2) identify an official in that Federal agency carrying out responsibilities that are substantially similar to those described in subparagraphs (A) through (F) of paragraph (1)..