Research Advancing to Market Production for Innovators Act

S 1660, the Research Advancing to Market Production for Innovators Act, improves the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs to help small businesses commercialize federally funded research. It requires federal agencies to include commercialization potential in peer reviews (adding specialized reviewers), creates a dedicated Technology Commercialization Official role in each agency, and expands funding for business/technical assistance (including cybersecurity support) for grant recipients. The bill also mandates annual commercialization impact reports tracking metrics like post-award revenue, patents, and Phase III contract success for businesses receiving multiple Phase II awards. These changes directly affect small businesses receiving SBIR/STTR grants and the federal agencies administering these programs.