U.S. Senator Jeanne Shaheen (D-NH)hailed the Senate passage of a bipartisan amendment to the National Defense Authorization Act (NDAA) that would renew a program integral to American innovation. The amendment would extend for eight years the Small Business Innovation Research (SBIR) program, which allows small companies to compete for federal research dollars. A similar SBIR measure included by Shaheen during the bill’s original consideration in the Armed Services Committee helped pave the way for today’s vote.
The Senate is expected to vote on the entire NDAA later this week. The bill then must be reconciled with the version of the bill passed by the U.S. House of Representatives.
To read the full, original article click on this link: New RENEWAL OF CRITICAL SMALL BUSINESS RESEARCH PROGRAM ADVANCES
