A deal to reauthorize the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, which were set to expire this Friday, is close to being approved, according to the House Small Business Committee. The two popular programs each set aside government research and development money for small businesses to create and commercialize technology innovations that benefit federal agencies.
The agreement would gradually increase the annual set asides for the programs and extend them through Sept. 2017. Congress could approve it this week and tack it onto the fiscal 2012 defense budget bill.
To read the full, original article click on this link: Federal R&D Grants to Small Business Near Reauthorization - BusinessWeek
