; and (2) recommendations regarding how the agency can best fulfill the requirements of subsection (a). 106. Technology Commercialization Awards Pilot Program (a) In general The Director, through the Partnerships for Innovation Program of the National Science Foundation, shall administer a Technology Commercialization Awards Pilot Program through which promising technology advances derived from National Science Foundation research grants shall be eligible for follow-on funding— (1) to move the technology through prototype and demonstration phases; (2) for training for researcher participants in business plan development, technology transfer, and commercialization; and (3) for establishing start-up firms based on the technologies developed. (b) Competitive selection The Director shall— (1) seek from National Science Foundation offices and divisions recommendations on outstanding research funded by the National Science Foundation with clear promise that such research can be advanced close to commercialized in a 3- to 5-year period; (2) solicit applications from National Science Foundation award grantees who believe that they have qualifying technologies eligible for commercialization; and (3) award grants to such National Science Foundation award grantees based on a merit-based, competitive selection process. (c) Advisory Committee The Director shall form an Advisory Committee of experts on technology and the technology commercialization process to advise the National Science Foundation on the Technology Commercialization Awards Pilot Program. (d) Report Not later than 3 years after the first grant is awarded under this section, the Director shall— (1) report to the relevant committees of Congress on the results of the Technology Commercialization Awards Pilot Program