The General Services Administration (GSA) has announced that it would be moving forward with a new pilot program to manage and grant awards under the third phase of the Small Business Innovation Research program, which encourages small businesses to explore research and development with federal partners.
Phases one and two of the program focus on the actual research and development, while the third phase is designed to help small businesses pursue the commercialization of the products they developed in the first two phases.
“Helping small businesses commercialize new solutions developed with assistance from the SBIR program increases the return on investment from federal research and development funding and supports private sector job growth,” said Small Business Administration Administrator Linda McMahon in a news release.
“The SBA looks forward to working with GSA to encourage the entrepreneurship and innovation associated with the SBIR program and continuing SBA’s efforts to impact the growth of our nation’s small businesses.”
Keep reading this article at: https://www.federaltimes.com/acquisition/2018/07/30/gsa-launches-pilot-for-small-business-research-program/