Senate Unanimously Passes SBIR/STTR Reauthorization Act for Small Businesses
β’ On March 3, 2026, the U.S. Senate unanimously passed S. 3971, the Small Business Innovation and Economic Security Act, reauthorizing the SBIR and STTR programs through September 30, 2031, after their expiration on September 30, 2025. β’ The bill, providing over $4 billion annually in non-dilutive R&D funding, introduces enhanced foreign due diligence, application limits, strategic breakthrough funding, and carryover of FY2026 funds. β’ This legislation safeguards U.S. technological leadership by prioritizing small innovative firms amid global competition.
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