SBIR/STTR Reauthorization Act of 2025

The SBIR/STTR Reauthorization Act of 2025 extends the Small Business Innovation Research and Small Business Technology Transfer programs through 2032, requiring federal agencies to dedicate increasing percentages of their budgets to these programs (starting at 4% through 2025, rising to 7% by 2032). The bill introduces new provisions including fellowships for researchers, enhanced outreach to increase participation from women and disadvantaged groups, and improved technical assistance for small businesses. It also establishes new reporting requirements on commercialization outcomes and adds safeguards to ensure small business concerns owned by venture capital or private equity firms meet specific criteria. The bill extends several pilot programs, including those related to direct Phase II awards and commercialization readiness, through 2030.