Small Business Support: Innovation, Manufacturing, and Cybersecurity
This act aims to improve programs supporting innovation and technology transfer in small businesses. It introduces changes that will facilitate small businesses' access to funding, increase their participation in technological development, especially in manufacturing and cybersecurity, and streamline application processes. As a result, citizens can expect new products and services, as well as strengthened digital security.
Key points
Increased support for small manufacturing and cybersecurity firms, potentially leading to new jobs and innovative solutions.
Streamlined application processes for grants for small businesses, including the introduction of short-form applications and application assistance programs.
Enhanced outreach efforts to include minority and Hispanic-serving institutions in innovation programs, broadening access to research and development opportunities.
Improved oversight and reporting of support programs to ensure greater efficiency and transparency.
Expired
Additional Information
Print number: 117_HR_4033
Sponsor: Rep. Baird, James R. [R-IN-4]
Process start date: 2021-06-22