SBIR/STTR renewed through 2025.
FOR IMMEDIATE RELEASE
Sept. 29, 2022
Lawmakers Passes SBIR Bill – A Win for Small Business
Washington, D.C. – On Wednesday, the U.S. House of Representatives approved Senate-passed legislation to reauthorize the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs for three years. Following a highly contentious process in the Senate, lawmakers’ last-minute efforts to extend the program finally came to fruition just days prior to the Sept. 30 deadline.
“The House and Senate did right by small business in passing this important legislation and avoiding a catastrophic program shut-down for SBIR and STTR,” stated NSBA President and CEO Todd McCracken. “Despite some differences in what NSBA sought and this final package, small-business innovators can get on about their business creating and innovating to best serve the federal government.”
NSBA and the Small Business Technology Council (SBTC) has been instrumental in helping to negotiate and move forward reauthorizing language to prevent a program shutdown. Despite fully supporting passage of the final compromise bill, NSBA and SBTC were pushing for a permanent reauthorization and worked tirelessly to remove language requiring new reporting that large companies and universities are free of when it comes to federal innovation programs.
“We have worked closely with lawmakers on this bill for months, and in the decades I’ve been working with the SBIR/STTR programs, never have we experienced a more difficult reauthorization process,” stated Jere Glover, Executive Director of SBTC. “There were many members of Congress who deserve thanks and appreciation for their efforts, but I want to particularly applaud Sen. Ben Cardin (D-Md.), Reps. Nydia Velazquez (D-NY) and Blaine Leutkemeyer (R-Mo.) for their leadership and willingness to compromise to ensure the stability and long-term success of this program.”
Celebrating 85 years in operation, NSBA is a staunchly nonpartisan organization advocating on behalf of America’s entrepreneurs. SBTC is a council of NSBA and focuses on critical high-tech and innovation programs through the federal government. NSBA and SBTC’s 65,000 members represent every state and every industry in the U.S., and we are proud to be the nation’s first small-business advocacy organization. Please visit www.nsba.biz or @NSBAAdvocate.