S.118 - Innovators to Entrepreneurs Act of 2019116th Congress (2019-2020) |
|Sponsor:||Sen. Coons, Christopher A. [D-DE] (Introduced 01/15/2019)|
|Committees:||Senate - Health, Education, Labor, and Pensions|
|Latest Action:||Senate - 05/15/2019 Committee on Small Business and Entrepreneurship. Hearings held. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed Senate
- Passed House
- To President
- Became Law
Summary: S.118 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in Senate (01/15/2019)
Innovators to Entrepreneurs Act of 2019
This bill expands eligibility for the Innovation Corps (I-Corps) program and requires development of an I-Corps course to support commercialization-ready participants.
The bill requires the National Science Foundation (NSF) to allow grantees of the Small Business Innovation Research (SBIR) Program and other entities to participate in I-Corps courses. The cost of participation by such a grantee in a course may be furnished
- through I-Corps Teams grants,
- through funds awarded to grantees under the SBIR Program or the Small Business Technology Transfer (STTR) Program,
- by the grantor federal agency using funds set aside for the SBIR and STTR Programs, or
- by the participating teams.
The NSF shall develop an I-Corps course, to be offered by I-Corps regional nodes, to support commercialization-ready participants. The course shall support participants that have completed an I-Corps course and participants that have made the decision to market an innovation.
The Government Accountability Office shall report on the I-Corps Program, including by assessing the effects of the I-Corps on the commercialization of federally funded research and development, the higher education system, regional economies, and the national economy.