This bill extends and expands several programs that help small businesses get funding for research and development projects. It aims to support innovation and growth in the small business sector.
If you own a small business, you could have more opportunities to receive funding for innovative projects.
Who this affects
Small business owners · Entrepreneurs
What changes is this bill making?
1This bill extends funding for small business innovation programs until 2030.
2It allows federal agencies to provide more financial support to small businesses.
3The bill increases the amount of funding available for certain programs.
4It updates the names of some programs to reflect their current focus.
5It requires federal agencies to report on the awards given to small businesses.
