SBIR/STTR Reauthorization Brings New Opportunities and Obligations to Consider

Yesterday, President Trump signed the Small Business Innovation and Economic Security Act (the Act) into law. This concludes a more than six month lapse in the Small Business Innovation Research and Small Business Technology Transfer (SBIR/STTR) programs. In addition to restoring the programs through September 30, 2031, the Act introduces several substantive changes aimed at accelerating the transition of federally funded technologies into operational use, strengthening safeguards against... By: Wiley Rein LLP