Green Innovations

Developing renewable and clean technology companies in New York

Friday, April 16, 2010

SBA raises SBIR program awards

The Small Business Administration (SBA) recently amended the Small Business Innovation Research Program (SBIR) Policy Directive, increasing the SBIR Program award threshold to $150,000 for Phase I, up from $100,000, and $1 million for Phase II, up from $750,000. The current award threshold has not been adjusted since 1992 when Congress reauthorized the program's legislation.  Good news for early stage developers of emerging technologies ...