Small Business Funding Extension Bill
Official: To extend the SBIR and STTR programs, and for other purposes.
This bill extends important funding programs for small businesses, allowing them to receive support for another year.
This bill reauthorizes through FY2026 the Small Business Innovation Research (SBIR) program, the Small Business Technology Transfer (STTR) program, and related pilot programs. The SBIR and STTR programs are administered by various federal agencies and provide competitive awards for domestic small businesses to conduct research and development projects that have the potential for commercialization.
1. This bill extends the Small Business Innovation Research program until September 30, 2026. 2. It also extends the Small Business Technology Transfer program to the same date. 3. The bill allows for more flexible phases in the funding process through 2026. 4. It continues various pilot programs aimed at helping small businesses secure funding and support. 5. The bill ensures increased minimum performance standards for small business programs until 2026.
Small business owners and entrepreneurs seeking federal funding for research and development.