Senate Unanimously Passes Small Business Innovation and Economic Security Act
β’ The U.S. Senate unanimously passed the Small Business Innovation and Economic Security Act (S. 3971), extending the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs for five years. β’ SBIR and STTR provide critical federal funding helping small businesses translate research discoveries into commercial technologies, often in partnership with universities. β’ The bill now moves to the House for consideration, with the earliest possible vote expected after March 16, 2026.
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