The US House of Representatives passed HR 5819, the "SBIR/STTR Reauthorization Act," by a vote of 369 yeas to 43 nays. This bill reauthorizes the Small Business Innovation Research Grant program and modifies the eligibility rules affecting venture capital backed companies for receiving SBIR grants. It will increase access to critical, early-stage sources of funding for small businesses, including small biotechnology firms, thus facilitating economic growth, job creations, new breakthrough...
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Submitted on
17-Apr-08 12:00 PM
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