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Support for Small Business Innovation and Commercialization

This act aims to help small businesses turn scientific ideas into market-ready products. It modifies innovation support programs to enable companies to bring their technologies to market faster, potentially leading to new products and job creation.
Key points
Businesses will have easier access to support for commercializing their inventions, including assistance with patent applications.
The evaluation of scientific projects will place greater emphasis on their market potential, not just their scientific merit.
Federal agencies must appoint specialists to help companies transition from research to product sales.
New rules for reporting commercial successes are introduced to better track how public funds support innovation.
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Expired
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Additional Information
Print number: 118_HR_3056
Sponsor: Rep. Houlahan, Chrissy [D-PA-6]
Process start date: 2023-05-02
Lustra uses Artificial Intelligence. Verify details in source documents.
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 118_HR_3056.

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 2023-05-02.

What are the main provisions?

Key points include:

  • Businesses will have easier access to support for commercializing their inventions, including assistance with patent applications.
  • The evaluation of scientific projects will place greater emphasis on their market potential, not just their scientific merit.
  • Federal agencies must appoint specialists to help companies transition from research to product sales.
  • New rules for reporting commercial successes are introduced to better track how public funds support innovation.
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: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

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Economy Public Investments