,i #aacth ,,congress #ast ,session ,h4 ,r4 #biha ,,in ,,the ,,house ,,of ,,representatives ,august #b1 #bjac ,mr4 ,collins of ,new ,york 7for himself1 ,mr4 ,kilmer1 ,mr4 ,smith of ,texas1 ,ms4 ,eddie ,bernice ,johnson of ,texas1 ,mr4 ,bucshon1 and ,mr4 ,lipinski7 introduced the following bill2 which was referred to the ,committee on ,small ,business1 and in addition to the ,committee on ,science1 ,space1 and ,technology1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,a ,,bill ,to support innovative approaches to technology transfer1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,technology and ,research ,accelerating ,national ,security and ,future ,economic ,resiliency ,act of #bjac or the ,,transfer ,act of #bjac4 #b4 ,innovative approaches to technology transfer ,section #i7;jj7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7;jj77 is amended to read as follows3 7jj7 ,innovative approaches to technology transfer 7#a7 ,grant program 7,a7 ,in general ,each ,federal agency required by subsection 7n7 to establish an ,,sttr program shall carry out a grant program to support innovative approaches to technology transfer at institutions of higher education 7as defined in section #aja7;a7 of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajja7;a771 nonprofit research institutions and ,federal laboratories in order to accelerate the commercialization of federally funded research and technology by small business concerns1 including new businesses4 7,b7 ,awarding of grants and awards 7i7 ,in general ,each ,federal agency required by subparagraph 7,a7 to participate in this program1 shall award1 through a competitive1 merit-based process1 grants1 in the amounts listed in subparagraph 7,c7 to institutions of higher education1 technology transfer organizations that facilitate the commercialization of technologies developed by one or more such institutions of higher education1 ,federal laboratories1 other public and private nonprofit entities1 and consortia thereof1 for initiatives that help identify high-quality1 commercially viable federally funded research and technologies and to facilitate and accelerate their transfer into the marketplace4 7ii7 ,use of ,funds ,activities supported by grants under this subsection may include-- 7,i7 providing early-stage proof of concept funding for translational research2 7,,ii7 identifying research and technologies at recipient institutions that have the potential for accelerated commercialization2 7,,iii7 technology maturation funding to support activities such as prototype construction1 experiment analysis1 product comparison1 and collecting performance data2 7,,iv7 technical validations1 market research1 clarifying intellectual property rights position and strategy1 and investigating commercial and business opportunities2 and 7,v7 programs to provide advice1 mentoring1 entrepreneurial education1 project management1 and technology and business development expertise to innovators and recipients of technology transfer licenses to maximize commercialization potential4 7iii7 ,selection process and applications ,qualifying institutions seeking a grant under this subsection shall submit an application to a ,federal agency required by subparagraph 7,a7 to participate in this program at such time1 in such manner1 and containing such information as the agency may require4 ,the application shall include1 at a minimum-- 7,i7 a description of innovative approaches to technology transfer1 technology development1 and commercial readiness that have the potential to increase or accelerate technology transfer outcomes and can be adopted by other qualifying institutions1 or a demonstration of proven technology transfer and commercialization strategies1 or a plan to implement proven technology transfer and commercialization strategies1 that can achieve greater commercialization of federally funded research and technologies with program funding2 7,,ii7 a description of how the qualifying institution will contribute to local and regional economic development efforts2 and 7,,iii7 a plan for sustainability beyond the duration of the funding award4 7iv7 ,program oversight boards 7,i7 ,in general ,successful proposals shall include a plan to assemble a ,program ,oversight ,board1 the members of which shall have technical1 scientific1 or business expertise and shall be drawn from industry1 start-up companies1 venture capital1 technical enterprises1 financial institutions1 and business development organizations4 7,,ii7 ,program ,oversight ,boards responsibilities ,program ,oversight ,boards shall-- 7aa7 establish award programs for individual projects2 7bb7 provide rigorous evaluation of project applications2 7cc7 determine which projects should receive awards1 in accordance with guidelines established under subparagraph 7,c77ii72 7dd7 establish milestones and associated award amounts for projects that reach milestones2 7ee7 determine whether awarded projects are reaching milestones2 and 7ff7 develop a process to reallocate outstanding award amounts from projects that are not reaching milestones to other projects with more potential4 7,c7 ,grant and award amounts 7i7 ,grant amounts ,each ,federal agency required by subparagraph 7,a7 to carry out a grant program may make grants to a qualifying institution for up to #a1jjj1jjj per year for up to #c years4 7ii7 ,award amounts ,each qualifying institution that receives a grant under subparagraph 7,b7 shall provide awards for individual projects of not more than #aej1jjj1 to be provided in phased amounts1 based on reaching the milestones established by the qualifying institution's ,program ,oversight ,board4 7,d7 ,authorized expenditures for ,innovative ,approaches to ,technology ,transfer ,grant ,program 7i7 ,percentage ,the percentage of the extramural budget each ,federal agency required by subsection 7n7 to establish an ,,sttr program shall expend on the ,innovative ,approaches to ,technology ,transfer ,grant ,program shall be-- 7,i7 #j4je percent for each of fiscal years #bjad and #bjae2 and 7,,ii7 #j4a percent for each of fiscal years #bjaf and #bjag4 7ii7 ,treatment of expenditures ,any portion of the extramural budget expended by a ,federal agency on the ,innovative ,approaches to ,technology ,transfer ,grant ,program shall apply towards the agency's expenditure requirements under subsection 7n74 7#b7 ,program evaluation and data collection and dissemination 7,a7 ,evaluation plan and data collection ,each ,federal agency required by paragraph 7#a77;,a7 to establish an ,innovative ,approaches to ,technology ,transfer ,grant ,program shall develop a program evaluation plan and collect annually such information from grantees as is necessary to assess the ,program4 ,program evaluation plans shall require the collection of data aimed at identifying outcomes resulting from the transfer of technology with assistance from the ,innovative ,approaches to ,technology ,transfer ,grant ,program1 such as-- 7i7 specific follow-on funding identified or obtained1 including follow-on funding sources1 such as ,federal sources or private sources2 7ii7 number of projects which result in a license to a start-up company or an established company with sufficient resources for effective commercialization within #e years of receiving an award under paragraph 7#a72 7iii7 invention disclosures and patents2 7iv7 number of projects supported by qualifying institutions receiving a grant under paragraph 7#a7 that secure ,phase ,i or ,phase ,,ii ,,sbir or ,,sttr awards2 7v7 available information on revenue1 sales or other measures of products that have been commercialized as a result of projects awarded under paragraph 7#a72 7vi7 number and location of jobs created resulting from projects awarded under paragraph 7#a72 and 7vii7 other data as deemed appropriate by a ,federal agency required by this subparagraph to develop a program evaluation plan4 7,b7 ,evaluative report to congress ,the head of each ,federal agency that participates in the ,innovative ,approaches to ,technology ,transfer ,grant ,program shall submit to the ,committee on ,science1 ,space1 and ,technology and the ,committee on ,small ,business of the ,house of ,representatives and the ,committee on ,small ,business and ,entrepreneurship of the ,senate an evaluative report regarding the activities of the program4 ,the report shall include-- 7i7 a detailed description of the implementation of the program2 7ii7 a detailed description of the grantee selection process2 7iii7 an accounting of the funds used in the program2 and 7iv7 a summary of the data collected under subparagraph 7,a74 7,c7 ,data dissemination ,for the purposes of program transparency and dissemination of best practices1 the ,administrator shall include on the public database under subsection 7k77#a7 information on the ,innovative ,approaches to ,technology ,transfer ,grant ,program1 including-- 7i7 the program evaluation plan required under subparagraph 7,a72 7ii7 a list of recipients of awards under paragraph 7#a72 and 7iii7 information on the use of grants under paragraph 7#a7 by recipient institutions4 4