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SBA

RIN: 3245-AF45

Publication ID: Fall 2013

Title: Small Business Technology Transfer (STTR) Policy Directive
Abstract: The amendments to the Small Business Technology Transfer (STTR) Policy Directive cover, in general: extension of the program through 2017; increase in percentage of extramural research and development budget reserved for program; annual adjustment of award guidelines for inflation; authority for SBIR awardees to receive STTR awards and vice versa; prevention of duplicate awards; requirements for agencies to allow business concerns owned by multiple venture capital operating companies, hedge funds or private equity firms to participate in the program; authority for small businesses to contract with Federal laboratory and restrictions on advanced payment to laboratories; technical assistance amendments; commercialization readiness and commercialization readiness pilot for civilian agencies; additional annual report and data collection requirements; and funding for administration and oversight of programs.
Agency: Small Business Administration(SBA)	Priority: Other Significant
RIN Status: Previously published in the Unified Agenda	Agenda Stage of Rulemaking: Final Rule Stage
Major: No	Unfunded Mandates: No
CFR Citation: None (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 15 USC 638(p) PL 112-81, sec 5001, et seq

Legal Deadline:

Action	Source	Description	Date
Final	Statutory	Section 5151 of the SBIR/STTR Reauthorization Act of 2011 (Reauthorization Act) requires SBA to issue amendments to conform the SBIR Policy Directive to the Reuathorization Act amendments.	06/30/2012

Overall Description of Deadline: Statutory requirement that proposed rule be published within 180 days of enactment.

Statement of Need: Updating the STTR Program Policy Directive is required by recent legislation (The SBIR/STTR Reauthorization Act of 2011 - Pub. L. 112-81, sec. 5001, et seq.), which made many changes to the STTR program.

Summary of the Legal Basis: The SBIR/STTR Reauthorization Act of 2011 (Pub. L. 112-81, sec. 5001, et seq.).

Alternatives: There are no alternatives. Updating the STTR Program Policy Directive is a statutory mandate outlined in the Reauthorization legislation.

Anticipated Costs and Benefits: Updating the STTR Program Policy Directive is essential to the implementation of the SBIR/STTR Reauthorization legislation. There have been a number of changes to the framework of the STTR program and the updated Policy Directive will provide guidance and uniformity to agencies overseeing STTR research activities, as well as to small businesses/research institutions looking to meet agency research needs. There will be costs involved in implementing the SBIR/STTR Reauthorization through the Policy Directive. First, since there are numerous new or expanded responsibilities on both agency personnel and small businesses, there will be additional costs associated with the program. SBA is of the opinion that the additional costs are not burdensome and that the amendments to the program through the SBIR/STTR Reauthorization legislation will help generate expanded economic benefits to both agencies and small businesses/research institutions.

Risks: Not applicable.

Timetable:

Action	Date	FR Cite
Notice	08/06/2012	77 FR 46855
Notice Effective	08/06/2012	77 FR 46855
Comment Period End	10/05/2012
Final Action	12/00/2013

Additional Information: Included in SBA's Retrospective Review under Executive Orders 13563 and 13610.
Regulatory Flexibility Analysis Required: Yes	Government Levels Affected: Federal
Small Entities Affected: Businesses	Federalism: No
Included in the Regulatory Plan: Yes
Public Comment URL: www.regulations.gov
RIN Data Printed in the FR: Yes
Related RINs: Related to 3245-AF84, Related to 3245-AG46
Agency Contact: Edsel M. Brown Jr. Assistant Director, Office of Innovation Small Business Administration 409 Third Street SW, Washington, DC 20416 Phone:202 205-7343 Email: edsel.brown@sba.gov