Bill
HR 788
DOE and SBA Research Act
HR 788 boosts research funding for the DOE and SBA, empowering small businesses to innovate and compete, driving economic growth and technological advancements.
Bill
HR 788
HR 788 boosts research funding for the DOE and SBA, empowering small businesses to innovate and compete, driving economic growth and technological advancements.
The DOE and SBA Research Act (HR 788) is a legislative proposal aimed at enhancing research initiatives within the Department of Energy (DOE) and the Small Business Administration (SBA). Introduced on January 28, 2025, the bill seeks to foster innovation and support small businesses through targeted research funding and collaboration.
The primary intent of HR 788 is to:
- Strengthen Research Capabilities: Enhance the research capabilities of the DOE and SBA to promote technological advancements and economic growth.
- Support Small Businesses: Provide small businesses with access to research resources and funding opportunities, enabling them to innovate and compete in the marketplace.
While the specific text of the bill is not detailed in the provided information, the following key provisions can be anticipated based on the bill's title and intent:
- Increased Funding: Allocation of federal funds to support research projects that align with the missions of the DOE and SBA.
- Collaboration Initiatives: Establishment of programs that encourage collaboration between small businesses and research institutions.
- Innovation Grants: Creation of grant programs specifically designed to assist small businesses in developing new technologies and products.
The bill is expected to impact:
- Small Businesses: By providing them with resources and funding to enhance their research and development efforts.
- Research Institutions: Encouraging partnerships with small businesses to drive innovation.
- The Energy Sector: Potentially leading to advancements in energy technologies and practices.
HR 788 represents a significant effort to bolster research initiatives within the DOE and SBA, with a focus on supporting small businesses. By facilitating access to funding and fostering collaboration, the bill aims to drive innovation and economic growth in the United States. The next steps involve further consideration by the Senate, where it will be reviewed by the Committee on Energy and Natural Resources.
Compiled from official sources — confirm details with the bill’s official record.
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