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Mr. THANEDAR. Mr. Speaker, I rise in support of H.R. 788.
First of all, I thank Chairman Williams and Ranking Member Velazquez for their bipartisan work. As a serial entrepreneur in the technology innovation sector, I couldn't be happier to stand here and support this bill along with my amazing colleagues, Representative LaLota and Representative Morrison.
Mr. Speaker, I recognize the indispensable role in enhancing collaboration between the Small Business Administration and the Department of Energy, all in the name of improving research and development efforts.
Let's not forget small businesses are a cornerstone of this country. The innovation we stimulate within this sector is not just important, it is vital for America's future. This legislation does not simply propose research collaboration. It carves a path for our small businesses to lead the way.
It mandates a collaborative report within 2 years of its enactment. This report will empower us to monitor and comprehend the effectiveness of our research collaborations, providing us with the opportunity to revise and refine strategies as necessary.
I am excited, and I hope my colleagues share my enthusiasm about the potential growth and broadening capabilities the DOE and SBA Research Act promise to bring.
Let's always keep sight of the ultimate goal of this legislation which is creating high-paying jobs for our fellow Americans and safeguarding our Nation's competitive edge on the global stage. Remember, this isn't just about legislation. It is about our future.
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