[Congressional Record Volume 166, Number 117 (Thursday, June 25, 2020)]
[Senate]
[Pages S3579-S3580]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2189. Ms. CORTEZ MASTO (for herself and Mr. Young) submitted an 
amendment intended to be proposed by her to the bill S. 4049, to 
authorize appropriations for fiscal year 2021 for military activities 
of the Department of Defense, for military construction, and for 
defense activities of the Department of Energy, to prescribe military 
personnel strengths for such fiscal

[[Page S3580]]

year, and for other purposes; which was ordered to lie on the table; as 
follows:

       At the appropriate place, insert the following:

     SEC. __. INNOVATION VOUCHER GRANT PROGRAM.

       (a) Definitions.--In this section:
       (1) Administrator.--The term ``Administrator'' means the 
     Administrator of the Small Business Administration.
       (2) Eligible entity.--The term ``eligible entity'' means--
       (A) an institution of higher education, as defined in 
     section 101 of the Higher Education Act of 1965 (20 U.S.C. 
     1001); or
       (B) a nonprofit research lab, institution, or other similar 
     organization in the United States associated with educational 
     or research activities, including a federally funded research 
     and development center.
       (3) Hubzone.--The term ``HUBZone'' has the meaning given 
     the term in section 31(b) of the Small Business Act (15 
     U.S.C. 657a(b)).
       (4) Program.--The term ``Program'' means the Innovation 
     Voucher Grant Program established under subsection (b).
       (5) Reservist.--The term ``Reservist'' means a member of a 
     reserve component of the Armed Forces named in section 10101 
     of title 10, United States Code.
       (6) Rural area.--The term ``rural area'' means any county 
     that the Bureau of the Census has defined as mostly rural or 
     completely rural in the most recent decennial census.
       (7) Service-connected.--The term ``service-connected'' has 
     the meaning given the term in section 101 of title 38, United 
     States Code.
       (8) Small business concern; small business concern owned 
     and controlled by veterans; small business concern owned and 
     controlled by women.--The terms ``small business concern'', 
     ``small business concern owned and controlled by veterans'', 
     and ``small business concern owned and controlled by women'' 
     have the meanings given those terms in section 3 of the Small 
     Business Act (15 U.S.C. 632).
       (9) Small business concern in an underserved market.--The 
     term ``small business concern in an underserved market'' 
     means a small business concern--
       (A) that is located in--
       (i) a low- to moderate-income community;
       (ii) a HUBZone;
       (iii) a community that has been designated as an 
     empowerment zone or an enterprise community under section 
     1391 of the Internal Revenue Code of 1986;
       (iv) a community that has been designated as a Promise Zone 
     by the Secretary of Housing and Urban Development;
       (v) a community that has been designated as a qualified 
     opportunity zone under section 1400Z-1 of the Internal 
     Revenue Code of 1986; or
       (vi) a rural area;
       (B) for which more than 50 percent of the employees reside 
     in a low- to moderate-income community;
       (C) that has been in existence for not more than 2 years;
       (D) owned and controlled by socially and economically 
     disadvantaged individuals, including minorities;
       (E) owned and controlled by women;
       (F) owned and controlled by veterans;
       (G) owned and controlled by service-disabled veterans; or
       (H) not less than 51 percent owned and controlled by 1 or 
     more--
       (i) members of the Armed Forces participating in the 
     Transition Assistance Program of the Department of Defense;
       (ii) Reservists;
       (iii) spouses of veterans, members of the Armed Forces, or 
     Reservists; or
       (iv) surviving spouses of veterans who died on active duty 
     or as a result of a service-connected disability.
       (10) Small business concern owned and controlled by 
     socially and economically disadvantaged individuals.--The 
     term ``small business concern owned and controlled by 
     socially and economically disadvantaged individuals'' has the 
     meaning given the term in section 8(d)(3)(C) of the Small 
     Business Act (15 U.S.C. 637(d)(3)(C)).
       (b) Innovation Voucher Grant Program.--
       (1) Establishment.--Not later than 180 days after the date 
     of enactment of this Act, the Administrator shall establish a 
     program to be known as the ``Innovation Voucher Grant 
     Program'' under which the Administrator shall, on a 
     competitive basis and in accordance with paragraph (7), award 
     to small business concerns grants for the Federal share of 
     the cost of purchasing from eligible entities technical 
     assistance and services necessary to carry out projects to 
     advance research, development, or commercialization of new or 
     innovative products and services.
       (2) Purposes of program.--The purposes of the Program are--
       (A) to foster collaboration between small business concerns 
     and research institutions or other similar organizations;
       (B) to facilitate access by small business concerns to 
     capital-intensive infrastructure and advanced research 
     capabilities;
       (C) to enable small business concerns to access technical 
     expertise and capabilities that will lead to the development 
     of innovative products;
       (D) to promote business dynamism and competition;
       (E) to stimulate United States leadership in advanced 
     research, innovation, and technology;
       (F) to accelerate the development of an advanced workforce; 
     and
       (G) to preserve and create new jobs.
       (3) Application.--
       (A) In general.--A small business concern desiring a grant 
     under the Program shall submit to the Administrator an 
     application with the eligible entity from which the small 
     business concern will purchase technical assistance and 
     services using funds awarded under the grant.
       (B) Selection.--Not later than 180 days after the deadline 
     established by the Administrator to submit applications under 
     subparagraph (A), the Administrator shall select the 
     recipients of the grants under the Program.
       (4) Evaluation.--In evaluating an application for a grant 
     under the Program, the Administrator shall take into 
     consideration--
       (A) the likelihood that funds awarded under the grant will 
     be used to create or advance a novel product or service;
       (B) the feasibility of creating or advancing a novel 
     product or service proposed to be created or advanced using 
     funds awarded under the grant; and
       (C) whether creating or advancing a product or service 
     proposed to be created or advanced using funds awarded under 
     the grant could be accomplished without a grant awarded under 
     the Program.
       (5) Amount.--A grant made under the Program shall be made 
     in an amount of not less than $15,000 and not more than 
     $75,000, which shall remain available to the grantee until 
     expended.
       (6) Amounts for small business concerns.--
       (A) In general.--Except to the extent that the 
     Administrator determines otherwise, not less than 40 percent 
     of the amounts made available for the Program in a fiscal 
     year shall be set aside and expended through--
       (i) a small business concern in an underserved market; or
       (ii) a small business concern in a region or State that has 
     historically been underserved by Federal research and 
     development funds.
       (B) Remaining amount.--Any amount that is set aside under 
     subparagraph (A) in a fiscal year that is not expended by the 
     end of the fiscal year shall be--
       (i) except as provided in clause (ii), available in the 
     following fiscal year to make grants to small business 
     concerns described in clauses (i) and (ii) of subparagraph 
     (A); and
       (ii) on and after October 1, 2024, available to make grants 
     to all small business concerns under the Program.
       (7) Federal share.--The Federal share of the cost of 
     purchasing technical assistance and services described in 
     paragraph (1) using funds awarded under a grant made under 
     the Program shall be--
       (A) not more than 75 percent, if the amount of the grant is 
     less than $50,000; and
       (B) not more than 50 percent, if the amount of the grant is 
     not less than $50,000.
       (8) Reports.--
       (A) Reports from grant recipients.--Not later than 180 days 
     after the date on which a project carried out under a grant 
     awarded under the Program is completed, the recipient of the 
     grant shall submit to the Administrator a report on the 
     project, including--
       (i) whether and how the project met the original 
     expectations for the project;
       (ii) how the results of the project were incorporated in 
     the business of the grant recipient; and
       (iii) whether and how the project improved innovation 
     practices of the grant recipient.
       (B) Report of the administrator.--Not later than 2 years 
     after the date on which the Administrator establishes the 
     Program, and every 2 years thereafter until the date on which 
     the amounts appropriated for the Program are expended, the 
     Administrator shall submit to the Committee on Small Business 
     and Entrepreneurship of the Senate and the Committee on Small 
     Business of the House of Representatives a report on grants 
     awarded under the Program, including--
       (i) a description of the grants awarded;
       (ii) the estimated number of products or services created 
     or advanced under grants awarded under the Program that could 
     have been created or advanced without grants awarded under 
     the Program; and
       (iii) a description of the impact of the Program on 
     knowledge transfer and commercialization.
       (C) Final report of the administrator.--Not later than 180 
     days after the date on which amounts appropriated for the 
     Program are expended, the Administrator shall submit to the 
     committees described in subparagraph (B) a final report 
     containing the information described in clauses (i), (ii), 
     and (iii) of that paragraph.
       (c) Authorization of Appropriations.--There is authorized 
     to be appropriated to the Administrator to carry out the 
     Program $10,000,000 for each of fiscal years 2021 through 
     2025, to remain available until expended.
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