Press Release
The New England Innovation Alliance (NEIA), an organization of entrepreneurial companies focused on transitioning innovative technologies to government and commercial use, applauds the effort made by Senator Edward Markey, Ranking Member of the Senate Small Business and Entrepreneurship Committee, to reauthorize the SBIR and STTR programs for one year through Senate passage of HR 5100.
Senator Markey has long been a steadfast champion for America’s small business innovators. His leadership in taking to the Senator floor to defend the SBIR and STTR programs from lapsing is a testament to his commitment to support innovators, economic growth, and national security.
The SBIR and STTR programs are vital to maintaining U.S. technological leadership and national security. Every day, these programs help deliver innovations that enhance our competitive edge, bolster competitiveness, and safeguard our long-term leadership in global technology. It is deeply concerning that some would rather see the SBIR/STTR programs expire than collaborate to find common ground. This approach risks undermining thousands of small businesses that drive U.S. innovation and support the warfighter.
We urge Congress to act swiftly to prevent any lapse that would jeopardize our nation’s security and innovation ecosystem.