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Hagedorn: Prioritizing Small, Underserved, and Rural Businesses in SBIR and STTR Programs
WASHINGTON, D.C. – Today, the Subcommittee on Underserved, Agricultural, and Rural Development is holding a hybrid hearing titled “Prioritizing Small, Underserved, and Rural Businesses in the SBIR/STTR Programs.”
Subcommittee Ranking Member Jim Hagedorn's opening statement as prepared for delivery:
Today we will discuss two vital programs to our nation’s industrial base, the Small Business Innovation Research (or SBIR) and the Small Business Technology Transfer (or STTR) programs.
These two initiatives play pivotal roles in the development of new technology to enable federal agencies to meet program and project goals, while sparking significant job creation amongst American small businesses.
These programs have positioned thousands of small businesses to create new technologies, commercialize products, and generate high-wage jobs. We must continue to facilitate success, while ensuring that taxpayer dollars are utilized appropriately and efficiently.
Given the success and popularity of the SBIR and STTR programs, I believe our Small Business Committee should move swiftly and pass reauthorizing legislation far before their September 2022, expiration.
I appreciate that Chairman Golden worked closely with members of both the majority and minority to schedule this hearing.
Without any additional cost to taxpayers, the Federal agencies utilize the SBIR and STTR programs to contract with small businesses to procure unique solutions to improve service to the American people and solve public sector challenges.
Success stories include development of a new longer lasting and lighter lithium battery to enhance the Air Force’s F-22, a new National Cancer Institute (NCI) treatment that has the potential of saving thousands of lives, and a new piece of technology that enhances safety for astronauts on the International Space Station.
These programs are delivering strong returns on investments. For example, SBIR and STTR Economic Impact Studies from the Department of Defense and the National Cancer Institute have shown economic returns in excess of $15 to $23 for every dollar spent. That’s in addition to improved military strength and capability, significant cost-savings, expanded sales of new products and services for our small businesses, life-saving medical techniques and products, and added sales and profits to our economy.
When administered appropriately, the SBIR and STTR are a win for U.S. taxpayers, federal agencies, and small business.
To state again, these are successful government programs that deliver real results. I hope we can continue to work with our colleagues across the aisle to encourage the acquisition of technology and solutions to meet the federal government’s needs, while ensuring that small companies have equal access to these programs, and guarantee that our taxpayer dollars are being spent efficiently and effectively.
Thank you to Chairman Golden and all of our witnesses. I am looking forward to today’s discussion, and I yield back.
Subcommittee Ranking Member Jim Hagedorn's opening statement as prepared for delivery:
Today we will discuss two vital programs to our nation’s industrial base, the Small Business Innovation Research (or SBIR) and the Small Business Technology Transfer (or STTR) programs.
These two initiatives play pivotal roles in the development of new technology to enable federal agencies to meet program and project goals, while sparking significant job creation amongst American small businesses.
These programs have positioned thousands of small businesses to create new technologies, commercialize products, and generate high-wage jobs. We must continue to facilitate success, while ensuring that taxpayer dollars are utilized appropriately and efficiently.
Given the success and popularity of the SBIR and STTR programs, I believe our Small Business Committee should move swiftly and pass reauthorizing legislation far before their September 2022, expiration.
I appreciate that Chairman Golden worked closely with members of both the majority and minority to schedule this hearing.
Without any additional cost to taxpayers, the Federal agencies utilize the SBIR and STTR programs to contract with small businesses to procure unique solutions to improve service to the American people and solve public sector challenges.
Success stories include development of a new longer lasting and lighter lithium battery to enhance the Air Force’s F-22, a new National Cancer Institute (NCI) treatment that has the potential of saving thousands of lives, and a new piece of technology that enhances safety for astronauts on the International Space Station.
These programs are delivering strong returns on investments. For example, SBIR and STTR Economic Impact Studies from the Department of Defense and the National Cancer Institute have shown economic returns in excess of $15 to $23 for every dollar spent. That’s in addition to improved military strength and capability, significant cost-savings, expanded sales of new products and services for our small businesses, life-saving medical techniques and products, and added sales and profits to our economy.
When administered appropriately, the SBIR and STTR are a win for U.S. taxpayers, federal agencies, and small business.
To state again, these are successful government programs that deliver real results. I hope we can continue to work with our colleagues across the aisle to encourage the acquisition of technology and solutions to meet the federal government’s needs, while ensuring that small companies have equal access to these programs, and guarantee that our taxpayer dollars are being spent efficiently and effectively.
Thank you to Chairman Golden and all of our witnesses. I am looking forward to today’s discussion, and I yield back.