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Bill

Bill

HB 2418

Relating to the Small Business Innovation Research matching grant program.

2025 Regular Session

HB 2418 modifies Oregon's SBIR matching grant program to enhance state support for small businesses securing federal research and development funding.

In committee upon adjournment.
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Bill Summary · HB 2418

Legislative bill overview

HB 2418 modifies Oregon's Small Business Innovation Research (SBIR) matching grant program, which provides state funds to complement federal SBIR grants awarded to small businesses. The bill appears to adjust program parameters, eligibility requirements, or funding mechanisms to better support small business innovation and research activities in Oregon.

Why is this important

SBIR matching grants are critical for small businesses and startups to access federal research funding, as many lack the resources to meet matching requirements on their own. By strengthening this program, Oregon can increase competitiveness for federal innovation dollars, support job creation in emerging sectors, and help small firms commercialize new technologies.

Potential points of contention

  • Program cost and state budget impact: Expanding or modifying matching grants requires state funding during tight budget cycles, potentially competing with other priorities
  • Eligibility and geographic distribution: Questions about which businesses qualify and whether funding benefits are equitably distributed across rural and urban areas
  • Administrative burden: Determining appropriate matching percentages and ensuring compliance without creating excessive bureaucratic requirements for small businesses

Compiled from official sources — confirm details with the bill’s official record.

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