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Building Opportunity for Student Startups Act

H.R. 3983 · 114th Congress · Nov 5, 2015 · Lineage

A BILL

To provide for a report on the role of incubators and accelerators in the commercialization of federally funded research and regional economic development.

Section 1 Short title

This Act may be cited as the “Building Opportunity for Student Startups Act” or the “BOSS Act”.

Sec. 2 National Academies report on incubators and accelerators

Not later than 1 year after the date of enactment of this Act, the Under Secretary of Commerce for Standards and Technology shall enter into an arrangement with the National Academy of Sciences to conduct a study on the role of incubators and accelerators, including university-based incubators and accelerators, in the commercialization of federally funded research and regional economic development. The study shall—
(1)
include an examination of metrics for comparing startups that have and have not completed incubator or accelerator programs, and include the role of incubators and accelerators in developing regional innovation clusters; and
(2)
identify best practices in the structure, goals, operation, management, and funding mechanisms of leading incubators and accelerators.