November 30, 1999 in SBIR/STTR News

Reauthorization: Second verse, Same as the last

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Congress is working hard on legislation to reauthorize the SBIR and STTR programs. However, with the program now set to expire on July 31,
2009, it seems that we are right where we were a year ago. The House Small Business Committee is working on several bills, all addressing a different aspect of the program and one that greatly expands Venture Capital (VC) access to the program. The Senate has started work on a bill that would update the program and increase VC eligibility but to a limited extent.

So the question is will the House pass a bill that expands VC access to the SBIR program and to what extent? The Biotechnology Industry Organization is still lobbying for such an expansion. And how will the House and Senate compromise? If they cannot agree on a compromise will another continuing resolution be instated? One opinion on the current process is posted at SBIR Gateway

Whatever your view, now is the time to express it.  You may contact any of your Congressional Representatives or Senator Johnny Isakson as he is a member of the Senate Committee
on Small Business and Entrepreneurship.




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