A pair of programs directing a portion of federal research and development dollars to small businesses would be reauthorized under
The measure would extend the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs through the end of fiscal 2031. The previous authorization lapsed Sept. 30, largely tying up billions of dollars in new R&D funds that could be awarded under the programs.
The measure would establish limits on the number of applications a small business can submit, new national security risk requirements for participants, and a funding set-aside for strategic developments in critical ...