SBTC Testifies Before CongressMay 19, 2021
On Thursday, May 13, Small Business Technology Council (SBTC) Executive Director Jere Glover testified before the House Committee on Small Business on the Small Business Innovation and Research (SBIR) and Small Business Technology Transfer (STTR) programs. SBTC is the high-tech arm of NSBA.
SBIR and STTR are two key small-business innovation programs and a top priority of NSBA is to strengthen and bolster these programs. In the hearing, “Overview of the Small Business Innovation Research and Small Business Technology Transfer Programs,” Glover highlighted the need for more investment in R&D and high tech focused small businesses to counter the growth of China in the global innovative economy. He pointed out that the SBIR has a proven track record of commercializing next generation technology and offers a tremendous return on the taxpayer’s investment, but that greater investment and speed was necessary to help the US continue its technological advantage.
To improve and strengthen the SBIR/STTR programs, Glover discussed the following recommendations:
- Make SBIR/STTR permanent,
- Double SBIR/STTR and restore RIF funding,
- Strengthen the Patent system.
- Increase Federal R&D spending
- Set a 15% goal for Federal R&D by Small Business
- Streamline and simplify SBIR contracting.
Glover and the other witnesses also answered a wide variety of questions on improving SBIR from the Committee members on topics such as increasing commercialization, waste fraud & abuse, increasing minority & women owned business participation, outreach to underserved sates, streamlining the contracting process and the paperwork burden, how to encourage more businesses into the program, and oversight by the SBA.