The Small Business Innovation Research Program: Challenge...
National Research Council / Technology and Economic Policy / Board on Science Technology and Economic Small businesses have increasingly been recognized as a source of innovation, and one way in which the Federal government encourages such innovation is through the Small Business Innovation Research program. SBIR sets aside 2.5 percent of federal agencies' R&D, budgets for R&D, grants to small business. Although the program's budget was nearly $1.2 billion in 1998, SBIR has been subject to relatively little outside review. As part of the STEP'...