Our organization include major national innovation and entrepreneur support groups from throughout the nation, including the venture and angel capital communities, incubators, university technology transfer offices and professionals, manufacturers, university research parks, innovation and technology based economic development organizations, and professional technical societies. The National Research Council of the National Academies recent assessment of the SBIR program, chaired by former Department of Defense Undersecretary and University of Maryland Professor Jacques Gansler, concluded:
The SBIR program is proving effective in meeting Congressional objectives. It is increasing innovation, encouraging participation by small companies in federal R&D, providing support for small firms owned by minorities and women, and resolving research questions for mission agencies in a cost-effective manner. The SBIR programs at each of the agencies are, by and large, operated in a fair and open manner. Although there is no single simple metric for determining commercial success, the data heavily support the view that the program has a strong commercial focus and the program is successful in commercializing innovative technologies in a variety of ways.
The economic downturn has rocked the nation’s financial underpinnings, and threatens the financial health of many innovative and entrepreneurial small businesses. The SBIR program is an important small business investment and job creation program that helps address the early stage funding gap referred to as the “Valley of Death” by providing funding support at critical stages during the growth of emerging companies.
We thank you for your support in keeping America’s Innovation Leadership a priority.
Sincerely yours,
Signatories:
| Dinah Adkins National Business Incubation Association (NBIA) | Rich Bendis Innovation America (IA) | Dan Berglund State Science & Technology Institute (SSTI) |
| Jerry Glover Small Business Technology Council (SMTC) | Marianne Hudson Angel Capital Association (ACA) | Jim Jaffe National Association of Seed and Venture Funds (NASVF) |
| Phil Weilerstein National Collegiate Inventors & Innovators Alliance (NCIIA) | Chris Przirembel ASME, Strategic Initiatives & Innovation Committee (SII) | Tony Stanco National Council of Entrepreneurial Tech Transfer (NCET2) |
| Kerwin Tesdell Venture Capital Alliance (CDVCA) | Eileen Walker Association of University Research Parks (AURP) |
