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S. 1660IntroducedSenate · nowHousePresidentLawIn committee
Sec. 7 · S. 1660

Commercialization impact assessment

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Section 9 of the Small Business Act (15 U.S.C. 638), as amended by sections 4 and 6, is amended by adding at the end the following: (ccc) Commercialization impact assessment (1) In general The Administrator shall coordinate with each Federal agency with an SBIR or STTR program to develop an annual commercialization impact assessment report, which shall measure, for each small business concern that has received not less than 50 Phase II awards on or after October 1 of the ninth fiscal year before the fiscal year in which the report is submitted— (A) total dollar value of Federal awards, contracts, and subcontracts, other than SBIR or STTR awards, received by the small business concern over the preceding 9 fiscal years; (B) the total dollar value of all SBIR and STTR Phase I and Phase II awards received by the small business concern over the preceding 9 fiscal years; (C) the average annual gross revenue of the small business concern over the preceding 9 fiscal years; (D) total revenue from the sale or licensing of new products and services resulting from the research conducted under the awards received in the preceding 9 fiscal years; (E) additional investment from any source other than Phase I or Phase II SBIR or STTR awards, to further the research and development conducted under the awards received in the preceding 9 fiscal years; (F) mergers and acquisitions of award recipients during or after the completion of a Phase II award; (G) new, unique spin-out companies resulting from research conducted under the awards received in the preceding 9 fiscal years; (H) patents acquired as a result of research conducted under the awards received in the preceding 9 fiscal years; (I) the year of first Phase II award and the total number of employees at the time of first Phase II award; (J) the number of employees, as of the end of the most recent fiscal year; and (K) the total number and value of Phase III awards received. (2) Publication The commercialization impact assessment report described in paragraph (1) shall be— (A) included in the annual report submitted under subsection (b)(7); and (B) submitted to— (i) the Committee on Small Business and Entrepreneurship of the Senate; and (ii) the Committee on Science, Space, and Technology and the Committee on Small Business of the House of Representatives..

Sec. 7: Commercialization impact assessment · Public Law Tracker