Creating Jobs Through Small Business Innovation Act of 2011

[AI summary unavailable — showing source text] Creating Jobs Through Small Business Innovation Act of 2011 - Amends the Small Business Act with respect to the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs to extend funding and revise provisions, including those concerning award levels, qualifications for program participation, acquisition preferences, collaborations, the Department of Defense (DOD) commercialization readiness program, and participation by small businesses with substantial investment from multiple venture operating companies, hedge funds, or private equity firms. Provides for: (1) an Interagency SBIR/STTR Policy Committee; (2) program oversight and evaluation; (3) SBIR and STTR program data collection and public and government databases; (4) funding for SBIR and STTR administrative, oversight, and contract processing costs; (5) a study concerning venture capital operating company, hedge fund, and private equity firm involvement; (6) measures for reducing vulnerability of SBIR and STTR programs to fraud, waste, and abuse; (7) revised program paperwork requirements; (8) a report on SBIR and STTR program goals; and (9) competitive selection procedures for SBIR and …