1、Order Code RS22865Updated September 2, 2008The Small Business Innovation ResearchProgram: Reauthorization EffortsWendy H. SchachtSpecialist in Science and Technology PolicyResources, Science, and Industry DivisionSummaryThe Small Business Innovation Development Act of 1982, P.L. 97-219, createdSmall
2、 Business Innovation Research (SBIR) programs within the major federal researchand development (R&D) agencies. This effort was intended to increase participation ofsmall innovative companies in federally funded R&D. Government agencies withextramural R&D budgets of $100 million or more are required
3、to set aside a portion ofthese funds to support research and development in small businesses through the SBIRprogram. The original act has been extended several times and is currently scheduledto terminate on September 30, 2008. A bill to reauthorize and amend the program, H.R.5819, passed the House
4、 on April 23, 2008. In the Senate, S. 3362, which alsoreauthorizes and amends the SBIR activity, was reported from the Committee on SmallBusiness and Entrepreneurship on August 22, 2008. Description of the Current Program Congress has demonstrated an ongoing interest in the small business sector.Add