Does your business have an innovative idea that could be commercialized for use by the federal government? If so, good news: The SBA recently announced that its Small Business Innovation Research (SBIR) program will undergo some improvements to make it more “entrepreneur-friendly” and make it easier for small businesses to innovate and create new jobs.

The SBIR program is a three-phase award system in which small businesses compete to propose innovative ideas that have high commercialization potential and can be used by federal agencies. Funded by a set-aside from external research budgets of 11 participating agencies, the program’s goals are to encourage innovation, enhance private-sector commercialization of innovation, and get more women and minority entrepreneurs involved in technology innovation.

To read the full, original article click on this link: The Small Business Innovation Research Program Gets a Makeover | The Federal Circle