Federal agencies that fund at least $1 billion in outside research each year would create new grant programs to help transfer federally funded research into the marketplace, under a draft bill being considered by a House subcommittee.
Currently, agencies that meet that $1 billion threshold must participate in the Small Business Technology Transfer Program, where 0.35 percent of their outside research budgets supports joint proposals developed by small businesses and nonprofit research organizations. Under the draft bill (.pdf), those agencies could also spend up to 0.05 percent of their outside research budgets on a new Innovative Approaches to Technology Transfer Grant Program.
To read the full, original article click on this link: New grant programs to transfer research to the marketplace proposed in House - FierceGovernment
