Doe and Sba Research Act

Floor Speech

Mr. Speaker, I rise today in support of H.R. 4669, as amended.

This legislation would allow SBA and the Department of Energy to enter into an MOU to formalize the research and development activities that are currently under way. Investments in R&D are critical to providing high-paying jobs for Americans, increasing small business innovation, and ensuring our country remains competitive.

Mr. Speaker, small businesses produce more than 14 times more patents than large businesses and universities and employ nearly 40 percent of scientists and engineers. Enhancing coordination between the Small Business Administration and the Department of Energy will hopefully increase opportunities for small businesses.

Mr. Speaker, I thank the sponsors for their work, and I yield back the balance of my time.

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