SMALL BUSINESS ADMINISTRATION ISSUES NOTICE: UPDATED MINIMUM PERFORMANCE STANDARDS FOR COMMERCIALIZATION FOR FIRMS THAT RECEIVE FUNDING THROUGH THE SMALL BUSINESS INNOVATION RESEARCH (SBIR) AND SMALL BUSINESS TECHNOLOGY TRANSFER (STTR) PROGRAMS

WASHINGTON, Sept. 2 -- Small Business Administration has issued a notice called: Updated Minimum Performance Standards for Commercialization for Firms That Receive Funding Through the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs.

The notice was published in the Federal Register on Sept. 2 by Joshua Carter, Associate Administrator.

Summary: The U.S. Small Business Administration (SBA) is publishing for public comment updated minimum performance standards for commercialization for firms funded through the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs. This commercialization benchmark establishes a minimum share of annual revenue that a Sma...