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17 April 2014 12:48 pm ,
Vol. 344 ,
Officials last week revealed that the U.S. contribution to ITER could cost $3.9 billion by 2034—roughly four times the...
An experimental hepatitis B drug that looked safe in animal trials tragically killed five of 15 patients in 1993. Now,...
Using the two high-quality genomes that exist for Neandertals and Denisovans, researchers find clues to gene activity...
A new report from the Intergovernmental Panel on Climate Change (IPCC) concludes that humanity has done little to slow...
Astronomers have discovered an Earth-sized planet in the habitable zone of a red dwarf—a star cooler than the sun—500...
Three years ago, Jennifer Francis of Rutgers University proposed that a warming Arctic was altering the behavior of the...
- 17 April 2014 12:48 pm , Vol. 344 , #6181
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Small Business Research Program Gets 2-Month Lifeline
4 August 2009 10:59 am
A $2.5 billion-a-year program to fund research by small businesses received a 2-month extension last week. The move gives the U.S. Congress more time to reconcile differences in how to revamp the Small Business Innovation Research (SBIR) and the Small Business Technology Transfer (STTR) programs, which would have expired on 31 July without the extension.
The Senate and the House of Representatives have passed different versions of a bill to reauthorize the programs, which are funded by taxing the research budgets of 11 federal agencies. The Senate wants to grow the overall size of the program by raising the SBIR allocation from 2.5% to 3.5% over 10 years and the STTR allocation from 0.3% to 0.6%, while the House would like to see larger individual grants—up to $2 million for Phase II from the current ceiling of $750,000. The two houses also differ in how they would fix a 2002 ruling that limits participation by companies owned by venture capitalists. The Senate would reauthorize the programs until 2023, while the House bill would cover only 2 years.