Risa
First Congressional District of New Mexico
GO

Home

About Heather

District Profile

Constituent Services

News Center

Issues

E-News

Student Corner

Contact Heather

White Line Space
Default Image
Bottom Shadow
Left Space Hot Topics Left Space
Hot Topics Lines Welcome Home Hot Topics Lines

Hot Topics Lines Economic Stimulus Hot Topics Lines

Hot Topics Lines Social Security Debit Cards Hot Topics Lines

 

Left Space
Contact
Left Space


ask.heather@mail.house.gov

In Washington DC
442 Cannon House
Office Building
Washington, DC
20515
202-225-6316 Phone
202-225-4975 Fax
In Albuquerque
20 First Plaza NW
Suite 603
Albuquerque, NM
87102
505-346-6781 Phone
505-346-6723 Fax

White Line Space
Senior Center
White Line Space
E-news Submit Button
Printer Friendly
White Line Space

Congresswoman Heather Wilson, First Congressional District of New Mexico


Releases
space
Wilson Supports Expansion of Small Business Research & Technology Programs April 24, 2008
 
Legislation passed will improve opportunities for small businesses to grow 

Washington, D.C. – Congresswoman Heather Wilson (R-NM) voted in favor of H.R. 5819, the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Reauthorization Act, and it was passed overwhelmingly last night by the House of Representatives.

The SBIR programs were established within major federal research and development agencies with the intention of attracting more small businesses to participate in federally funded research and development. Each Federal agency with a research and development budget of more than $100 million is required to set aside a certain percentage of their budget for SBIR and STTR grants.

“This program has been a successful example of a partnership between government and industry that has greatly increased research among small businesses and stimulated the economy,” Wilson said. “Small businesses create seven out of ten new jobs, and by improving this program we can significantly increase the impact small businesses have on our economy.”

The Small Business Technology Transfer program was established in 1992 and requires the small businesses included to work with a nonprofit research institute. Like the SBIR program, it is a three phase program designed to move ideas from the laboratory to the marketplace.

The SBIR and STTR programs were set to expire on October 1, 2008, and this bill extends them through 2010.

- END -
space



Privacy Statement
| Toolbox | Hablas Español?