,,ii #aacth ,,congress #b;d ,session ,s4 #bigc ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,december #d1 #bjad ,mr4 ,heinrich introduced the following bill2 which was read twice and referred to the ,committee on ,energy and ,natural ,resources ,a ,,bill ,to establish a grant program to allow ,national ,laboratories to provide vouchers to small business concerns to improve commercialization of technologies developed at ,national ,laboratories and the technology-driven economic impact of commercialization in the regions in which ,national ,laboratories are located1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,national ,laboratory ,technology ,maturation ,act of #bjad4 #b4 ,definitions ,in this ,act3 7#a7 ,national laboratory ,the term ,national ,laboratory has the meaning given the term in section #b of the ,energy ,policy ,act of #bjje 7#db ,u4,s4,c4 #aehja74 7#b7 ,secretary ,the term ,secretary means the ,secretary of ,energy4 7#c7 ,small business concern ,the term small business concern has the meaning given the term in section #c of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcb74 #c4 ,establishment of technology maturation grant program 7a7 ,in general ,the ,secretary shall establish the ,national ,laboratory technology maturation program under which the ,secretary shall make grants to ,national ,laboratories for the purpose of increasing the successful transfer of technologies licensed from ,national ,laboratories to small business concerns by providing a link between an innovative process or technology and a practical application with potential to be successful in commercial markets4 7b7 ,application for grant from the ,secretary 7#a7 ,in general ,each ,national ,laboratory that elects to apply for a grant under subsection 7a7 shall submit an application to the ,secretary at such time1 in such manner1 and containing such information as the ,secretary may reasonably require4 7#b7 ,contents ,in an application submitted under this subsection1 a ,national ,laboratory shall describe how the ,national ,laboratory will-- 7,a7 manage a technology maturation program2 7,b7 encourage small business concerns1 with an emphasis on businesses in the region in which the ,national ,laboratory is located1 to participate in the technology maturation program2 7,c7 select small business concerns and technologies to participate in the technology maturation program using a selection board 7referred to in this section as the selection board7 made up of technical and business members1 including venture capitalists and investors2 and 7,d7 measure the results of the program and the return on investment1 including-- 7i7 the number of technologies licensed to small business concerns2 7ii7 the number of new small business concerns created2 7iii7 the number of jobs created or retained2 7iv7 sales of the licensed technologies2 7v7 the change in average salaries paid by the participating small business concerns2 and 7vi7 any additional external investment attracted by participating small business concerns4 7c7 ,maximum grant ,the maximum amount of a grant received by a ,national ,laboratory under subsection 7a7 shall be #e1jjj1jjj for each fiscal year4 7d7 ,vouchers to small business concerns from ,national ,laboratories 7#a7 ,in general ,a ,national ,laboratory receiving a grant under subsection 7a7 shall use the grant funds to provide vouchers to small business concerns that hold a technology license from a ,national ,laboratory to pay the cost of providing assistance from scientists and engineers at the ,national ,laboratory to assist in the development of the licensed technology and further develop related products and services until the products and services are market-ready or sufficiently developed to attract private investment4 7#b7 ,use of voucher funds ,a small business concern receiving a voucher under paragraph 7#a7 may use the voucher-- 7,a7 to gain access to special equipment or facilities at the ,national ,laboratory that awarded the voucher2 7,b7 to partner with the ,national ,laboratory on a commercial prototype2 and 7,c7 to perform early-stage feasibility or later-stage field testing4 7#c7 ,eligible projects ,a ,national ,laboratory receiving a grant under subsection 7a7 may provide a voucher to small business concerns and partnerships between a small business concern and an institution of higher education 7as defined in section #aja7;a7 of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajja7;a777 for projects-- 7,a7 involving-- 7i7 commercial prototypes2 7ii7 scale-up and field demonstrations2 or 7iii7 other activities that move the technology closer to successful commercialization2 and 7,b7 that do not exceed #a year4 7#d7 ,application for voucher from ,national ,laboratory ,each small business concern that holds a technology license from a ,national ,laboratory that elects to apply for a voucher under paragraph 7#a7 shall submit an application to the selection board at such time1 in such manner1 and containing such information as the selection board may reasonably require4 7#e7 ,criteria ,the selection board may award vouchers based on-- 7,a7 the technological and commercial viability of the project for commercial success2 7,b7 a significant opportunity for new company formation or growth of an existing company in the region in which the ,national ,laboratory is located2 7,c7 access to a strong1 experienced business and technical team2 7,d7 clear1 market-driven milestones for the project that connect to an ability to leverage matching funds from other sources2 7,e7 a clear path for commercialization2 7,f7 identification of a profitable market2 7,g7 the potential to enhance the technology-driven economy of the region in which the ,national ,laboratory is located2 7,h7 availability and source of matching funds for the project2 and 7,i7 compatibility with the mission of the ,national ,laboratory4 7#f7 ,maximum voucher ,the maximum amount of a voucher received by a small business concern under paragraph 7#a7 shall be #bej1jjj4 7#g7 ,progress tracking 7,a7 ,in general ,the ,national ,laboratory that awards a voucher to carry out a project under paragraph 7#a7 shall establish a procedure to monitor interim progress of the project toward commercialization milestones4 7,b7 ,termination of voucher ,if the ,national ,laboratory determines that a project is not making adequate progress toward commercialization milestones under the procedure established pursuant to subparagraph 7,a71 the project shall not continue to receive funding or assistance under this subsection4 #d4 ,annual report 7a7 ,in general ,each ,national ,laboratory receiving a grant under section #c shall submit to the ,secretary an annual report1 at such time and in such manner as the ,secretary may reasonably require4 7b7 ,contents of report ,the report submitted under subsection 7a7 shall-- 7#a7 include a list of each recipient of a voucher and the amount of each voucher awarded2 and 7#b7 provide an estimate of the return on investment1 including-- 7,a7 the number of technologies licensed to small business concerns2 7,b7 the number of new small business concerns created2 7,c7 the number of jobs created or retained2 7,d7 sales of the licensed technologies2 7,e7 the change in average salaries paid by the participating small business concerns2 and 7,f7 any additional external investment attracted by participating small business concerns4 #e4 ,final report ,not later than #e years after the date of enactment of this ,act1 the ,secretary shall submit to the ,committees on ,armed ,services and ,energy and ,natural ,resources of the ,senate and the ,committees on ,armed ,services and ,science1 ,space1 and ,technology of the ,house of ,representatives a report on the results of the program established under section #c1 including-- 7#a7 the return on investment2 and 7#b7 any recommendations for improvements to the program4 #f4 ,authorization of appropriations ,there is authorized to be appropriated to carry out this ,act #be1jjj1jjj for each of fiscal years #bjae through #bjai4