WASHINGTON – House Small Business Committee Chairman Steve Chabot (R-OH) made the following statement after the House passed a five-year reauthorization of the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs as part of the FY17 National Defense Authorization Act (NDAA).
“In an era of unfair global competition, making it easier for American small businesses to develop and commercialize new, innovative products is essential for both our economic and national security,” Chairman Chabot said. “SBIR and STTR are critical parts of this effort because their awards go to small innovators who have always been on the cutting edge of groundbreaking research and life-saving technology. The long-term reauthorization passed by the House today will provide certainty to thousands of small businesses who use these programs today and open doors for the inventors of tomorrow.”
“In the new Congress, the Small Business Committee will continue to work to find new ways to make these programs stronger and more effective,” Chairman Chabot added.
Small businesses applauded the House…