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Boosting Innovation and Commercialization for Small Businesses

This act aims to help small businesses turn innovative ideas into market-ready products. It modifies support programs to increase commercial success rates and speed up patent processes, potentially leading to more new products and services for citizens.
Key points
Greater emphasis on commercial potential in project evaluations for funding, potentially accelerating market introduction of innovations.
Easier access to technical and business assistance for companies, including the ability to hire staff for commercialization activities.
Expedited patent procedures and legal support for small businesses, protecting their innovations and fostering growth.
Introduction of Technology Commercialization Officials in federal agencies to assist companies in transitioning from research to market products.
article Official text account_balance Process page
Expired
Citizen Poll
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Additional Information
Print number: 117_HR_652
Sponsor: Rep. Houlahan, Chrissy [D-PA-6]
Process start date: 2021-02-01
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Research Advancing to Market Production for Innovators Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_652.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-02-01.

What are the main provisions?

Key points include:

  • Greater emphasis on commercial potential in project evaluations for funding, potentially accelerating market introduction of innovations.
  • Easier access to technical and business assistance for companies, including the ability to hire staff for commercialization activities.
  • Expedited patent procedures and legal support for small businesses, protecting their innovations and fostering growth.
  • Introduction of Technology Commercialization Officials in federal agencies to assist companies in transitioning from research to market products.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Houlahan, Chrissy [D-PA-6].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Courts, Intellectual Property, and the Internet.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Economy