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Small Business Innovation and Economic Security ActSection 7 › Proposal

Agencies with an I-Corps program are to offer award recipients a place on its courses

To extend the SBIR and STTR programs, and for other purposes, section 7, Sec. 7. Written by .

Agencies with an I-Corps program are to offer award recipients a place on its courses

The document says “shallWho acts: Federal agencies with an Innovation Corps programHow: statuteSec. 7 in the PDF
What the document says

“Each Federal agency with an Innovation Corps program (commonly known as `I-Corps') that is required to conduct an SBIR or STTR program shall-- ``(A) provide an option for requesting participation in an I-Corps teams course, I-Corps bootcamp, or another equivalent training program to recipients of an award under the SBIR or STTR program;”

To extend the SBIR and STTR programs, and for other purposes, Sec. 7

Subsection (2) adds a new subsection (bbb) to section 9 of the Small Business Act. Paragraph (1) applies to each Federal agency that has an Innovation Corps program, known as I-Corps, and is required to conduct an SBIR or STTR program. Subparagraph (A) requires an option for award recipients to request a place on an I-Corps teams course, an I-Corps bootcamp, or another equivalent training program. Subparagraph (B) requires the agency to authorize those recipients to use amounts authorized under subsection (q) to take part.

What the document actually says

“Each Federal agency with an Innovation Corps program (commonly known as `I-Corps') that is required to conduct an SBIR or STTR program shall-- ``(A) provide an option for requesting participation in an I-Corps teams course, I-Corps bootcamp, or another equivalent training program to recipients of an award under the SBIR or STTR program;”

To extend the SBIR and STTR programs, and for other purposes, Sec. 7
That sentence, in plain words

Some agencies run a training program called I-Corps. Those agencies must let award winners ask to join it. The ask can be for a team course or a short bootcamp.

What this is about

I-Corps teaches teams how to turn research into a business. The agency must also let firms pay for it out of their help money.

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