Upcoming Meeting and Events
How to Improve Support for Small Business Innovation, Research, and Technology
Thursday, September 26, 2019

10 - 11:30 AM
MAP Member: Free
Not a Member? Also Free!

Information Technology and Innovation Foundation
700 K Street NW, Suite 600 Washington, DC 20001
The Presenters:
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About the Event:
Small businesses can play a critical role in driving innovation by developing and commercializing high-risk, high-reward technologies. But they often lack early-stage capital to bring ideas to fruition. The federal governments Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs address this need, channeling over $3.1 billion to nearly 3,600 firms in fiscal 2018 for technology development and commercialization. Having helped seed companies such as Apple, 23andMe, and Qualcomm, the programs are so effective that they have been copied by 17 countries around the world. But there are still opportunities to improve their structure and more effectively leverage federal funds. For instance, inflexible program requirements can prevent SBIR/STTR from attracting or selecting companies with promising ideas. Furthermore, awards are often obtained by companies that sustain themselves primarily on government grants for decades without an urgent focus on growth and commercialization. And importantly, program-wide funding uncertainties are a detriment to agencies long-term SBIR/STTR planning.

Additional Info:

This event will also be livestreamed

Contact Info:

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Event Registration
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