Jun 11 2009

Landrieu wants SBA programs extended

The Advocate; By: Arthur Lauck

Mary Landrieu, D-La., has introduced legislation with Olympia Snowe, R-Maine, that would reauthorize the Small Business Administration's Small Business Innovation Research and Small Business Technology Transfer programs.

SBIR is scheduled to end July 31 and STTR on Sept. 30.

The programs help meet the government's research and development needs through small businesses. Federal agencies with an annual research and development budget of more than $100 million allocate 2.5 percent to the SBIR program and those with an annual R&D budget of more than $1 billion allocate an additional 0.3 percent to the STTR program.

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