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'Making SBIR and STTR permanent for the Department of Defense is good news for our small businesses in New Hampshire,' says U.S. Sen. Jeanne Shaheen.

The Small Business Innovation Research and Small Business Technology Transfer programs, which dedicate a percentage of federal research and development funding to allow small- and medium-sized businesses to work with federal agencies, could finally be made permanent, should new legislation pass.

A bill introduced in April by U.S. Sen. Jeanne Shaheen, D-NH, and U.S. Senator David Vitter, R-La., received markup and approval from the Senate Committee on Small Business and Entrepreneurship yesterday evening. The bill would make the SBIR and STTR programs permanent across all agencies.

Vitter is chair and Shaheen is the lead Democrat on the Senate panel

Image: 'Making SBIR and STTR permanent for the Department of Defense is good news for our small businesses in New Hampshire,' says U.S. Sen. Jeanne Shaheen.