,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #eceg  ,,in ,,the ,,house ,,of  
,,representatives  ,december #f1        
#bjai,mr4 ,peters introduced the        
following bill2 which was referred to   
the ,committee on ,energy and ,commerce 
,a ,,bill  ,to amend the ,public ,health
 ,service ,act to authorize a pilot     
program to develop1 expand1 and enhance 
the commercialization of biomedical     
products1 and for other purposes4  #a4  
,short title ,this ,act may be cited as 
the ,innovation ,network and ,capital   
,act of #bjai4  #b4 ,pilot program for  
research startups ,part ,a of title ,,iv
 of the ,public ,health ,service ,act   
7#db ,u4,s4,c4 #bha et seq47 is amended 
by adding at the end the following3     
#djd,o4 ,pilot program for research     
startups  7a7 ,funds ,the ,director of  
,,nih shall award grants or contracts to
 eligible entities to develop1 expand1  
and enhance the commercialization of    
biomedical products4  7b7 ,eligible     
entity ,in this section1 the term       

eligible entity means an entity         
receiving funding under-- 7#a7 the      
,small ,business ,innovation ,research  
program of the ,national ,institutes of 
,health2 or  7#b7 the ,small ,business  
,technology ,transfer program of the    
,national ,institutes of ,health4  7c7  
,use of funds ,an eligible entity shall 
use the funds received through such     
grant or contract to support--  7#a7 the
 ,commercialization ,readiness ,pilot   
program of the ,national ,institutes of 
,health2  7#b7 the ,innovation ,corps   
program of the ,national ,institutes of 
,health2  7#c7 the ,commercialization   
,accelerator program of the ,national   
,institutes of ,health2  7#d7 the       
,commercialization ,assistance program  
of the ,national ,institutes of ,health2
 and  7#e7 such other programs and      
activities as the ,director of ,,nih    
determines to be appropriate1 to support
 the commercialization stage of         
research1 later stage research and      
development1 technology transfer1 and   

commercialization technical assistance4 
7d7 ,,nih ,startup ,support ,account    
7#a7 ,establishment ,there is           
established in the ,treasury an account1
 to be known as the ,,nih ,startup      
,support ,account1 for purposes of      
carrying out this section4  7#b7        
,transfer of funds ,there shall be      
transferred to the ,,nih ,startup       
,support ,account from the general fund 
of the ,treasury1 #ajj1jjj1jjj for each 
of fiscal years #bjba through #bjbe1 to 
be available until expended without     
further appropriation4  4