Policy Update: CBSA Submits Recommendations to Improve the SBIR/STTR Program

Policy Update: CBSA Submits Recommendations to Improve the SBIR/STTR Program 

Earlier this year, CBSA partnered with Fitzsimons Innovation Community, Gates Biomanufacturing Facility, and Sharklet Technologies to host Congressman Jason Crow (CO-06) for a campus tour and roundtable discussion. It was a great opportunity to discuss the continued growth of Colorado’s life sciences ecosystem and talk about some of the challenges our members encounter as they work to develop new treatments and technologies.

One issue that emerged was the need to modernize the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs to improve effectiveness and efficiency. As an outcome of the meeting, CBSA convened a small group of Colorado companies with extensive experience with the SBIR/STTR programs to discuss and identify potential opportunities for improvement.

In November, CBSA submitted a comment letter to Congressman Jason Crow’s office outlining the group’s feedback and recommendations. As a state that has received one of the highest total award dollars, we know these programs are critically important to our ecosystem, but we also appreciate that there are real opportunities to make improvements. We look forward to continuing to work with Congressman Crow on how we can streamline the program.   

Categories: CBSA News