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Sen. Ernst introduces bill to reauthorize small business tech programs

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The Iowa Republican wants to reauthorize the Small Business Innovation Research (SBIR) and the Small Business Technology Transfer (STTR) programs until 2028.
Senator Joni Ernst has introduced legislation aimed at enhancing small business participation in federal technology programs. The bills focus on improving access to the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, which are designed to encourage domestic small businesses to engage in research and development with commercialization potential. Ernst's proposals include measures to streamline the application process, increase transparency, and ensure that small businesses, particularly those in underserved communities, have better opportunities to secure federal research funding. The legislation seeks to address criticisms regarding the complexity and bureaucracy of these programs, aiming to make them more accessible and beneficial for innovative small businesses across the U.S.

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