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New study finds 9 billion in technology sales following NCI funded research TechLink

The National Cancer Institute’s investment in small business research grants has supported strong economic growth, including $9 billion in sales of new technologies.

According to a study released last week, 53 percent of the 444 businesses who received a Phase II grant from NCI’s Small Business Innovation Research and Small Business Technology Transfer (SBIR/STTR) program between 1998 and 2010 developed a commercialized product or service.

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