FACACLASSIC

Note: An Annual Comprehensive Review, as required by §7 of the Federal Advisory Committee Act, is conducted each year on committee data entered for the previous fiscal year (referred to as the reporting year). The data for the reporting year is not considered verified until this review is complete and the data is moved to history for an agency/department. See the Data From Previous Years section at the bottom of this page for the committee’s historical, verified data.

Details on agency responses to committee recommendations can be found under the Performance Measures section for each committee in the fields “Agency Feedback” and “Agency Feedback Comment.”

SBA - 84672 - Invention, Innovation, Entrepreneurship Advisory Committee - Agency Authority

GENERAL INFORMATION

Committee Name	Invention, Innovation, Entrepreneurship Advisory Committee	Agency Name	Small Business Administration
Fiscal Year	2025	Committee Number	84672
Original Establishment Date	7/21/2022	Committee Status	Chartered
Actual Termination Date		Committee URL	https://sba.gov/iieac
Actual Merged Date		Presidential Appointments*	No
New Committee This FY	No	Max Number of Members*	15
Terminated This FY		Designated Fed Officer Position Title*	Director of Ecosystem Development
Merged This FY		Designated Federal Officer Prefix
Current Charter Date	7/21/2024	Designated Federal Officer First Name*	Brittany
Date Of Renewal Charter	7/21/2026	Designated Federal Officer Middle Name
Projected Termination Date		Designated Federal Officer Last Name*	Sickler
Exempt From Renewal*	No	Designated Federal Officer Suffix
Specific Termination Authority		Designated Federal Officer Phone*	(202) 369-8862
Establishment Authority*	Agency Authority	Designated Federal Officer Fax*	202-205-6959
Specific Establishment Authority*	Agency	Designated Federal Officer Email*	brittany.sickler@sba.gov
Effective Date Of Authority*	7/25/2022
Exempt From EO 13875 Discretionary Cmte	Not Applicable
Committee Type*	Continuing
Presidential*	No
Committee Function*	Other Committee

RECOMMENDATION/JUSTIFICATIONS

Agency Recommendation*	Continue
Legislation to Terminate Required	Not Applicable
Legislation Status	Not Applicable
How does cmte accomplish its purpose?*	The Invention, Innovation, and Entrepreneurship Advisory Board (IIEAC) will accomplish its purpose by providing advice and recommendations to SBA on matters relating to the innovation ecosystem, innovation commercialization and lab-to-market translation. Committee members will examine the issues, challenges and obstacles facing U.S. innovation economy stakeholders in these subject areas and recommend to SBA policy and programmatic changes to help strengthen and refine SBA’s programs and services
How is membership balanced?*	Membership will be be fairly balanced and diverse in terms of occupational background and experience. Professional background and relevant experience of members are the primary balance factors considered in membership selection
How frequent & relevant are cmte mtgs?*	The IIEAC shall meet at least 3 times per year.
Why advice can't be obtained elsewhere?*	The advice, insights, and recommendations from industry and other subject matter experts (SMEs) are necessary to effectively achieve SBA’s mission related to innovation, the innovation ecosystem, innovation commercialization and lab-to-market translation.
Why close or partially close meetings?	Meetings will be public
Recommendation Remarks	N/A

PERFORMANCE MEASURES

Outcome Improvement To Health Or Safety*	No	Action Reorganize Priorities*	No
Outcome Trust In Government	No	Action Reallocate Resources	No
Outcome Major Policy Changes	Yes	Action Issued New Regulations	No
Outcome Advance In Scientific Research	No	Action Proposed Legislation	No
Outcome Effective Grant Making	No	Action Approved Grants Or Other Payments	No
Outcome Improved Service Delivery	Yes	Action Other	No
Outcome Increased Customer Satisfaction	Yes	Action Comment	NA
Outcome Implement Laws/Reg Requirements	No	Grants Review*	No
Outcome Other	Yes	Number Of Grants Reviewed	0
Outcome Comment	NA	Number Of Grants Recommended	0
Cost Savings*	Unable to Determine	Dollar Value Of Grants Recommended	$0.00
Cost Savings Comment	NA	Grants Review Comment	0
Number Of Recommendations*	0	Access Contact Designated Fed. Officer*	Yes
Number Of Recommendations Comment	0	Access Agency Website	Yes
% of Recs Fully Implemented*	0.00%	Access Committee Website	No
% of Recs Fully Implemented Comment	0	Access GSA FACA Website	Yes
% of Recs Partially Implemented*	0.00%	Access Publications	Yes
% of Recs Partially Implemented Comment	0	Access Other	No
Agency Feedback*	Yes	Access Comment	Meeting minutes
Agency Feedback Comment*	Feedback is provided through the IIEAC annual report.	Narrative Description*	The IIEAC was created by the Administrator will gain valuable advice, insights, and recommendations from industry and other SMEs. This needed input will inform and facilitate better policy, aid in the development and evolution of relevant innovation, commercialization, and lab-to-market translation programs and services unique to the SBA and enable greater alignment of these innovation and investment programs and services with SBA.

COSTS

1. Payments to Non-Federal Members*		1. Est Paymnts to Non-Fed Membrs Nxt FY*
2. Payments to Federal Members*		2. Est. Payments to Fed Members Next FY*
3. Payments to Federal Staff*		3. Estimated Payments to Federal Staff*
4. Payments to Consultants*		4. Est. Payments to Consultants Next FY*
5. Travel Reimb. For Non-Federal Membrs*		5. Est Travel Reimb Non-Fed Membr nxtFY*
6. Travel Reimb. For Federal Members*		6. Est Travel Reimb For Fed Members*
7. Travel Reimb. For Federal Staff*		7. Est. Travel Reimb to Fed Staf Nxt FY*
8. Travel Reimb. For Consultants*		8. Est Travel Reimb to Consltnts Nxt FY*
10. Other Costs		10. Est. Other Costs Next FY*
11. Total Costs	$0.00	11. Est. Total Next FY*	$0.00
Date Cost Last Modified	2/13/2025 12:56 PM	Est. Fed Staff Support Next FY*
Federal Staff Support (FTE)*		Est Cost Remarks
Cost Remarks

Interest Areas

Category Area Business Business and Domestic Commerce Small Business Civil Rights Equal Opportunity Computer Technology Technology Finance Credit Finance Investment Science and Technology Innovation

Custom Links

Committee Level Reports