A five-year extension of the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs took a big step forward at the end of November.
U.S. Sen. Jeanne Shaheen, D-NH, announced that language she wrote seeking the extension was included in a compromise National Defense Authorization Act, with votes expected soon.
While SBIR and STTR do not expire until the 2017 fiscal year, reauthorization is seen as ensuring stability of the programs.
Image: The programs 'keep America at the forefront of innovation,' says U.S. Sen. Jeanne Shaheen, D-NH. - http://www.nhbr.com
