Page:United States Statutes at Large Volume 96 Part 1.djvu/259

 PUBLIC LAW 97-219—JULY 22, 1982 Public Law 97-219 97th Congress

96 STAT. 217

An Act To amend the Small Business Act to strengthen the role of the small, innovative firms in federally funded research and development, and to utilize Federal research and development as a base for technological innovation to meet agency needs and to contribute to the growth and strength of the Nation's economy.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled. SECTION 1. This Act may be cited as the "Small Business Innovation Development Act of 1982". SEC. 2. (a) The Congress finds that— (1) technological innovation creates jobs, increases productivity, competition, and economic growth, and is a valuable counterforce to inflation and the United States balance-of-payments deficit; (2) while small business is the principal source of significant innovations in the Nation, the vast majority of federally funded research and development is conducted by large businesses, universities, and Government laboratories; and (3) small businesses are among the most cost-effective performers of research and development and are particularly capable of developing research and development results into new products. GJ) Therefore, the purposes of the Act are— (1) to stimulate technological innovation; (2) to use smgdl business to meet Federal research and development needs; (3) to foster and encourage participation by minority and disadvantaged persons in technological innovation; and (4) to increase private sector commercialization innovations derived from Federal research and development. SEC. 3. Section 9(b) of the Small Business Act is amended— (1) by striking out "and" at the end of paragraph (2); (2) by striking out the period at the end of paragraph (3) and inserting in lieu thereof "; and"; and (3) by adding at the end thereof the following: "(4) to develop and maintain a source file and an information program to assure each qualified and intere^ed small business concern the opportunity to participate in Federal agency small business innovation research programs; "(5) to coordinate with participating agencies a schedule for release of SBIR solicitations, and to prepare a master release schedule so as to maximize small businesses' opportunities to respond to solicitations; "(6) to independently survey and monitor the operation of SBIR programs within participating Federal agencies; and "(7) to report not less than annually to the Committee on Smedl Business of the Senate and the Committee on Small Business of the House of Representatives on the SBIR programs

July 22, 1982 [S. 881]

Small Business Innovation Development Act of 1982. 15 USC 631 note. 15 USC 638 note.

15 USC 638.

Report to congressional committees.

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