‘America’s seed fund’ is being revamped for modern warfare

‘America’s seed fund’ is being revamped for modern warfare

The U.S. government is modernizing its Small Business Innovation Research and Small Business Technology Transfer (SBIR/STTR) programs to get after contemporary warfare and national security gaps, senior officials involved in the work said on Wednesday. Referred to collectively as “America’s seed fund,” that decades-old pair of federal programs provides technology-focused small businesses and startups with early-stage investments and support to c…

Reauthorizations of SBIR and STTR Programs Speed Up Cutting-Edge Tech Delivery to War Department Warfighters

The U.S. War Department is set to accelerate the flow of advanced technology to its forces following the recent reauthorization of two key small business programs. The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) initiatives, long vital to defense innovation, now have renewed momentum thanks to legislation signed into law on April 13 by President Donald J. Trump. At an event held April 29 at the Defense…