The DOD Entrepreneurial Innovation Act requires the Department of Defense to systematically identify and prioritize promising small business research programs for future military investment. Specifically, each military department must establish an advisory panel composed of private-sector entrepreneurs, government acquisition experts, and military officers to select at least five research programs annually from the Small Business Innovation Research and Small Business Technology Transfer programs as "Entrepreneurial Innovation Projects." These designated projects receive special status in the Pentagon's budget planning process, including guaranteed inclusion in future defense budgets and separate tracking in spending proposals. The advisory panels must be created within 120 days of the bill's enactment, and the Secretary of Defense must submit annual reports to Congress detailing each designated program's progress. The legislation aims to accelerate the transition of innovative small-business technologies into military capabilities while potentially generating cost savings and strengthening national security.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.