SBIR Administrative Funding Act

# SBIR Administrative Funding Act Summary **What the Bill Would Do** HR 7217 would provide additional federal funding to support the administrative operations of the Small Business Innovation Research (SBIR) program. The SBIR program is a federal initiative that allocates a percentage of research and development budgets from federal agencies to small businesses, helping them develop innovative technologies and products. This bill specifically aims to cover the costs of running and managing the program itself. **Who It Affects** This bill would primarily affect small businesses that participate in or seek to participate in SBIR funding, as well as the federal agencies that administer the program.

Small businesses—particularly startups and technology companies—could potentially benefit from improved program administration, which might streamline the application process or enhance support services. **Current Status** As of now, the bill remains in committee and has not been voted on by the full House of Representatives. This is an early stage in the legislative process, meaning it is still under review and discussion before any action can be taken.