National Laboratory Technology Maturation Act of 2015

Summary

National Laboratory Technology Maturation Act of 201 5 Requires the Department of Energy to establish the National Laboratory technology maturation program to make grants of up to $5 million per fiscal year to National Laboratories to increase the successful transfer of technologies licensed from National Laboratories to small businesses by providing a link between an innovative process or technology and a practical application with potential to be successful in commercial markets. Requires grant recipients to use the funds to provide vouchers of up to $250,000 each to small businesses that hold a technology license from a National Laboratory to pay the cost of providing assistance from its scientists and engineers to assist in the development of the licensed technology and further develop related products and services until they are market-ready or sufficiently developed to attract private investment. Requires a National Laboratory that awards a voucher to carry out such a project to: (1) establish a procedure to monitor interim progress of the project toward commercialization milestones, and (2) discontinue providing such funding or assistance if it determines that a project is not making adequate progress toward such milestones under the procedure.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 7 May 2015

   Introduced

   Introduced in Senate

   Source: IntroReferral

2. 7 May 2015

   Introduced

   Read twice and referred to the Committee on Energy and Natural Resources.

   Source: IntroReferral

3. 9 June 2015

   Committee

   Committee on Energy and Natural Resources. Hearings held. Hearings printed: S.Hrg. 114-344.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 7 May 2015 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 7 May 2015

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 7 May 2015

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 7 May 2015

  Open at official source

Sponsors

• Martin Heinrich · D · Sponsor
• Michael Bennet · D · Sponsor
• · sseg00 · Standing

Related records

No cross-record relationships stored yet.