Rep. Nydia M. Velazquez (D-NY), the Ranking Member of the House Committee on Small Business, delivered the following statement today during a Committee markup of H.R. 1425, legislation to reauthorize the Small Business Innovation Research program:
?I think all of us agree that the SBIR program is important to America?s continued economic leadership in the world. ?Every year, SBIR funds thousands of projects and helps over 1,500 new companies get off the ground. ?Those startups develop innovative new products, make advances in technology and, most importantly, create new jobs. ?
?We?ve repeatedly tried to reauthorize the SBIR initiative for the long term, but the Senate has failed to act. ?I strongly support seeing this program updated, but we need to do so the right way ? in a manner that benefits small businesses.
?Unfortunately, I am concerned that the process used to develop the current bill has not resulted
Article source: http://pr-usa.net/index.php?option=com_content&task=view&id=727629&Itemid=30
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