Lipinski Gives Small Businesses a Boost with Amendments to Research Program

The Small Business Innovation Research/Small Business Technology Transfer (SBIR/STTR) Improvements Act of 2017 is moving forward with new language from Congressman Dan Lipinski (IL-3) aimed at increasing the success rate of new innovative small businesses.  The federal government awards approximately $2.2 billion per year in research and development grants to small businesses through this highly competitive program.  With 11 participating federal agencies giving out about 145,000 grants annually, the program is the largest source of federal grant funding to small businesses and an essential component of the innovation ecosystem that drives the U.S. economy. 

“The SBIR/STTR program provides critical research and development funding to innovative small businesses to help them succeed,” Rep. Lipinski said.  “These small businesses are the economic engine for our nation and we have to do all we can to help them so they can produce the jobs that Americans need.  That is why this reauthorization bill is so important and I’m happy to have worked to improve and move it forward.”

Lipinski was able to add an amendment to the bill that would expand a program that he was originally able to create at the National Institutes of Health in the 2011 SBIR Reauthorization Bill.  This program has resulted in the establishment of three commercialization hubs that have been successful in improving the commercialization rate of federal research funding, which has helped create new small businesses and jobs around these centers.  Lipinski’s amendment will help greatly expand the number of these types of successful centers around the country and give small businesses across a variety of sectors more tools to help them prosper.   

Lipinski also worked with Reps. Ben Ray Luján (NM-3) and Brad Schneider (IL-10) to incorporate the Support Startup Businesses Act into the SBIR reauthorization, which would increase the amount of grant funding that a small business can use for technical assistance services like market research, intellectual property protection, and training and education.

Congressman Lipinski helped pass the SBIR/STTR Improvements Act of 2017 in the Committee on Science, Space, and Technology and it will now go to the House floor. 

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