Short title; table of contents

(a) Short title This Act may be cited as the Investing in National Next-Generation Opportunities for Venture Acceleration and Technological Excellence or the INNOVATE Act. (b) Table of contents The table of contents for this Act is as follows: Sec. 1. Short title; table of contents. Sec. 2. Definitions. TITLE I—Promoting Transition for Battle-Ready Technologies Sec. 101. Enhancing small business success in the STTR program. Sec. 102. Phase II strategic breakthrough funding. Sec. 103. Implementation briefings. Sec. 104. Fixed-price contracts. TITLE II—Encouraging Small Business Innovation in All of America Sec. 201. Encouraging new SBIR and STTR entrants. Sec. 202. Combating discriminatory practices in the SBIR and STTR programs. TITLE III—Streamlining Participation in the SBIR and STTR Programs Sec. 301. Definition of open topics. Sec. 302. Reducing administrative burden. TITLE IV—Protecting American Innovation from Adversarial Influence Sec. 401. Definition of foreign risk. Sec. 402. Bolstering research security of SBIR and STTR awards. Sec. 403. Strengthening the due diligence program to assess security risks. Sec. 404. Strengthening agency recovery authority. Sec. 405. Best practices on investor informational rights. Sec. 406. GAO report. TITLE V—Simplifying SBIR-STTR Commercialization Standards Sec. 501. Streamlining transition and commercialization rate benchmarks. Sec. 502. Improving direct to Phase II authorities. Sec. 503. Improving SBIR-STTR data collection. Sec. 504. Streamlining program administration. Sec. 505. Extending SBIR and STTR authorization.