For this reason, I have introduced the Creating Jobs Through Small Business Innovation Act (H.R. 1425). This reauthorization bill would allow for greater participation among small businesses with significant private capital support; increase both phase one and phase two award levels, which have not been raised since 1982; and require a Congressional reauthorization after three years. The bill would also significantly improve data collection to allow for better metrics to evaluate the programsí successes and shortcomings and standardize the application process across agencies to encourage greater ease of use for small businesses.
We will be working quickly, yet thoroughly, over the next several weeks to get this legislation on the House floor and to the presidentís desk for his signature by the May 31 deadline.
While there is much debate on the fiscal direction of our country, the SBIR program is a surefire way to aid our economy and get Americans back on the job without any additional government funding. Thatís something we can all agree on.
Rep. Renee Ellmers (R-N.C.) is chairwoman of the House Small Business Subcommittee on Healthcare and Technology.