H.R. 2965 would reauthorize the Small Business Innovation Research Program (SBIR) and the Small Business Technology Transfer Program (STTR) for two years, through September 30, 2011. The SBIR program provides grants meant to aid certain small businesses grow in scope trough three phases of project development, implementation, and commercialization. The STTR program requires certain federal agencies to set-aside a percentage of their extramural research and development budget for the purpose of developing projects produced by small businesses. In addition, the bill would expand the amount of agency set-asides for SBIR and STTR programs and increase the maximum amount of individual awards for small businesses...
8 years ago
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