Congress established the Small Business Innovation Research (SBIR) Program in 1982 to provide opportunities for small businesses to participate in Federal Government-sponsored research and development (R&D). The goals of the SBIR Program are to: stimulate technological innovation; use small business to meet federal R&D needs; foster and encourage participation by socially and economically disadvantaged small business concerns (SBCs) and by SBCs that are at least 51 percent owned and controlled by women; and increase private-sector commercialization of innovations derived from federal R&D, thereby increasing competition, productivity, and economic growth.
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