The Small Business Innovation Research Program Gets A Makeover

Does your business have an innovative idea that could be commercialized for use by the federal government? If so, good news: The SBA recently announced that its Small Business Innovation Research (SBIR) program will undergo some improvements to make it more "Entrepreneur-friendly" and make it easier for small businesses to innovate and create new jobs. The SBIR program is a three-phase award system in which small businesses compete to propose innovative ideas that have high commercialization potential and can be used by federal agencies.