Digest: The Act would give money to Business Oregon so that it may make grants to small firms in conjunction with a federal grant program. (Flesch Readability Score: 62.6).
[Digest: The Act would require a study of the Small Business Innovation Research matching grant program. The Act would require a report of the study to be submitted next year. (Flesch Readability Score: 63.7).]
[Requires the Oregon Business Development Department to study the Small Business Innovation Research matching grant program administered by the Oregon Innovation Council. Directs the department to submit a report of the study to the interim committees of the Legislative Assembly related to economic development no later than September 15, 2026.]
[Sunsets January 2, 2027.]
Appropriates moneys to the Oregon Business Development Department for grants awarded in conjunction with the federal Small Business Innovation Research program.