After a long summer of debate, lobbying, and a media blitz, the “SBIR/STTR Extension Act of 2022" passed the US Congress with only a few days to spare and got the president’s signature Sept. 30, the day the contracting set-aside program was set to expire.
Renewing the relatively popular program was a nonpartisan effort. There are many examples where the seed capital provided by Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) grants has stimulated research and growth at companies.
The issue at hand was not whether to cancel the program, but what could be done to ...
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