
The Senate on Tuesday unanimously approved a measure to extend the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs for another three years, as both initiatives are set to expire at the end of the month. The House is likely to take up the bill soon, as Congress aims to reauthorize both programs which the Pentagon has used to help fund small businesses’ research and development of technologies in emerging capability areas. “Small businesses will be…