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New SBA administrator commits to address SBIR/STTR staff backlog
The Senate confirmed the nomination of Jovita Carranza to become the administrator of the U.S. Small Business Administration (SBA) this week. During her recent confirmation hearing, Carranza was pushed on the committee’s concerns about the leadership of SBA’s Office of Innovation and Investment, which overseas both the Small Business Investment Corporation (SBIC) program and SBA’s SBIR/STTR policy office. In response, Carranza agreed to address those concerns, ensure that the SBIR/STTR office’s staff backlog is addressed, and testify before the committee within 90 days about her solutions to these issues.
Carranza, who most recently served as U.S. treasurer, was deputy administrator for SBA under President George W. Bush and previously had a long tenure with UPS.