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Cardin Calls on NIH to Utilize Small Businesses for Extramural Research Projects
Date:6/22/2009

more than 84,000 patents and millions of jobs. However, despite repeated inquiries, the NIH has yet to provide an adequate response as to how they will ensure that small businesses can receive their fair share of these grants. The SBIR program is especially important because innovation spurs growth and job creation and leads to advanced technology, including life-saving therapies and devices."

The field hearing comes just days after the Senate Committee on Small Business voted to reauthorize the SBIR and STTR programs, which fund more than $2 billion annually in early-stage research and development projects at small technology companies. Eleven federal departments participate in the SBIR program - including the Department of Health and Human Services, the Department of Defense and National Science Foundation - allocating 2.5 percent of their external research and development dollars to the program. Maryland has approximately 440,000 small businesses.


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SOURCE U.S. Senate Committee on Small Business & Entrepreneurship
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