This legislation seeks to significantly broaden participation in the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. A key provision extends the Federal and State Technology (FAST) program , which supports small businesses in accessing federal research and development funding, by moving its expiration date from 2005 to September 30, 2030 . The bill further mandates that the Small Business Administration (SBA) provide direct assistance to small businesses applying for SBIR and STTR programs. This assistance is specifically targeted at increasing participation from States with historically low levels of SBIR or STTR awards , addressing geographical disparities in program engagement. Additionally, the legislation requires enhanced outreach efforts to boost the involvement of individuals conducting research at minority institutions and Hispanic-serving institutions in both SBIR and STTR programs, ensuring more equitable access to these critical funding opportunities.