Senate to Consider SBIR Reauth Bill TODAY

May 4, 2011

The U.S. Senate this week is considering the SBIR/STTR Reauthorization Act of 2011 (S. 493). The legislation has been stuck since March on the floor of the Senate, as the chamber sought to deal with an avalanche of non-germane amendments to the bill. Please click here for more information on the bill.

The latest obstacle for the reauthorization of the praised and proven but embattled Small Business Innovation Research (SBIR) program is an amendment introduced by Sen. Olympia Snowe (R-Maine), the ranking member of the U.S. Senate Committee on Small Business and Entrepreneurship and a long-time SBIR champion. Snowe is adamant that the Senate consider her Senate Amendment 299, which mirrors her NSBA-supported Small Business Regulatory Freedom Act (S.474). Please click here for more information.

While strongly supportive of S. 474, which contains a multitude of long-sought regulatory reform provisions, the small-business members of NSBA are hopeful that an agreement can be reached that will allow both bills to be considered independently. The authorization of the highly-successful SBIR program—currently set to expire at the end of May—is too critical to small-business innovation for lapse. SBIR is the nation’s largest source of early-stage research and development (R&D) funding and is responsible for 25 percent of the most critical U.S. innovations of the last decade.

Please click here TODAY and send a message to your senators asking them to pass S. 493