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Permanent Support for Small Business Innovation Programs

This bill ensures that programs supporting small businesses in research and technology development will continue indefinitely. This means stable funding for innovative companies, potentially leading to job creation and economic growth.
Key points
The SBIR and STTR programs, which help small businesses develop new technologies, are made permanent.
The previous end date for these programs (September 30, 2022) has been removed.
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Additional Information
Print number: 117_S_4852
Sponsor: Sen. Shaheen, Jeanne [D-NH]
Process start date: 2022-09-14