NSBA/SBTC Victory as House Passes Bill to Restart SBIR/STTR
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"I applaud lawmakers for coming to a consensus to get the 4,000+ companies per year who innovate, create jobs and harness vital technology for the federal government back on track," stated National Small Business Association President and CEO
The compromise legislation contains a number of changes to the program that small businesses will need to be aware of, including:
- Strengthening and standardizing foreign risk/due diligence requirements;
- The creation of a "strategic breakthrough award" post-Phase II program that allows agencies to make jumbo awards up to
$30 million under certain circumstances; - A requirement that agencies set a cap on the number of proposals a small business can submit to the SBIR/STTR programs on either a per-fiscal-year, per-solicitation, or per-topic basis;
- Enhanced training for federal agencies' acquisition workforces on Phase III awarding;
- Suggested Phase III utilization by procurement center representatives;
- The creation of standardized model contracts for Phase I, II and III;
- Changes under TABA (Technical and Business Assistance) to allow cybersecurity assistance and utilize funding for employee training and hiring;
- Improved SBIR/STTR data collection practices, requiring better tracking of direct to Phase II, Phase III, and subcontracting data;
- Reauthorizes the current agreement and all pilot programs thereunder for SBIR/STTR to
Sept. 30, 2031
"The Small Business Technology Council (SBTC) fully endorses the Small Business Innovation and Economic Security Act and urges
Please click here to view the complete bill.
Please click here to learn about the importance of the SBIR/STTR programs.
Celebrating nearly 90 years in operation, NSBA is a staunchly nonpartisan organization advocating on behalf of America's entrepreneurs. The SBTC is the technology-focused arm of NSBA, the leading small-business voice in federal innovation programs. NSBA's 65,000 members represent every state and every industry in the
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SOURCE National Small Business Association
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