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SBIR/STTR Extension Passes (Correction and Update)
Editor's Note: Last week, the Digest erroneously reported that Congress had approved the extension of SBIR/STTR. This mistake was due to the substitution described in the article below. The actual SBIR extension was approved on May 31, 2011. We regret the error.
On Tuesday, the House and Senate approved an extension of the Small Business Innovation Research (SBIR) program through September 30, 2011. The passage came a week after the original bill was replaced with legislation to extend the USA PATRIOT Act under the SBIR bill's number and title. As a result, the SBIR/STTR extension was delayed another week, and approved under a separate bill number (S. 1082) on the day that the programs were set to expire. The Small Business Administration (SBA) programs that were also set to expire were extended through July 31. Read the bill...