The federal government’s Small Business Innovative Research (SBIR) grant program is scheduled to expire Nov. 18, and the House and Senate are still trying to resolve their differences on legislation to reauthorize it.
Any changes to the SBIR program would impact small Minnesota companies that rely on such federal funds to further research and development. A combined $25.8 million in SBIR grants went to 45 Minnesota businesses during the 2010 fiscal year, according to the most recent figures available from the U.S. Small Business Administration ’s Tech-Net website.
To read the full, original article click on this link: Congress debates small-biz program - Minneapolis / St. Paul Business Journal
