Small Business Innovation Act of 1979

[AI summary unavailable — showing source text] Small Business Innovation Act of 1979 - Title I: Research and Development Contracts - Amends the Small Business Act to direct the Small Business Administration (SBA) to advise, assist, and monitor Federal agencies in meeting the small business research and development set-asides required under this Act. Directs the SBA to develop an information program to assure that each qualified small business concern has the opportunity to participate in the Federal agency Small Business Innovation Research (SBIR) programs. Requires the SBA to report annually to the appropriate committees of Congress on the activities of Federal agencies in meeting and development set-asides and on the SBIR programs. Directs each Federal agency to set-aside for award to small business concerns a specified percentage of its budget for prime research and development contracts. Sets forth the percentage for fiscal year 1980 and each succeeding fiscal year until such percentage equals ten percent of the total dollar amount of such contracts. Stipulates that such set-asides apply to basic and applied research and development. Requires each Federal agency having an annual research and development budget of more than …