Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration and voice for America’s 33 million small businesses in President Biden’s Cabinet, released the following statement today after the House voted to reauthorize funding for the Small Business Innovation Research (SBIR) program. Reauthorizing the programs enables SBA and our partner federal agencies to advance domestic commercialization of innovative technologies developed through the SBIR/STTR programs. The reauthorization extends the program and critical pilot initiatives, strengthens research security due diligence efforts, expands open topics solicitations, and increases company performance standards.

In about 30 days, one of the longest running and most successful small business programs will expire. The House will have 14 days in September with votes scheduled to reauthorize the Small Business Innovation Research (SBIR) program when it returns to Washington, D.C. after Labor Day.