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Small Business Innovation and Economic Security Act: Extending Research Grants

This act extends key innovation grant programs for small businesses until 2031, offering larger funding for breakthrough technologies. It also strengthens security checks to ensure that federal research money does not benefit foreign adversaries.
Key points
Extension of SBIR and STTR innovation programs through September 2031.
New 'Strategic Breakthrough' awards providing up to $30 million for major projects.
Stricter vetting of businesses for ties to restricted foreign entities and countries of concern.
Limits on the number of applications to cut down on red tape and administrative burden.
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Status: Introduced
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Additional Information
Print number: 119_S_3971
Sponsor: Sen. Ernst, Joni [R-IA]
Process start date: 2026-03-03
System Note: Lustra is free, publicly auditable civic infrastructure — full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source—always verify them if you can.
Summarized by: gemini-flash-latest
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Small Business Innovation and Economic Security Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_3971.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2026-03-03.

What are the main provisions?

Key points include:

  • Extension of SBIR and STTR innovation programs through September 2031.
  • New 'Strategic Breakthrough' awards providing up to $30 million for major projects.
  • Stricter vetting of businesses for ties to restricted foreign entities and countries of concern.
  • Limits on the number of applications to cut down on red tape and administrative burden.
What is the specific legal status?

The current status is Introduced.

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 Sen. Ernst, Joni [R-IA].

What is the latest detailed status?

The latest detailed status is: Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Voice Vote. (consideration: CR S752-756; text: CR S752-756)

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-03-04.

What is the impact of this bill?

We don't know—that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Economy Security Public Investments