Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

science

Last Friday, the U.S. Small Business Administration (SBA) filed final, amended policy directives for the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. The amended policy directives seek to implement changes made to the programs regarding SBIR/STTR reauthorization provisions included in the FY 12 National Defense Authorization Act (NDAA).

The Small Business Innovation Development Act of 1982 (SBIDA) and the Small Business Research and Development Enhancement Act of 1992 (SBRDEA), which established the SBIR and STTR programs, require SBA to issue policy directives that provide general guidance to the Federal agencies participating in the programs.  Participating agencies may adapt their SBIR and STTR programs to best suit their specific needs so long as they comport with the general guidelines established by the policy directives, and the SBIDA and SBRDEA, respectfully.