MissionMissionMontana Companies and ResourcesMontana Companies and ResourcesJobsContacts
"The State with the Best Prenatal to 80 Education Wins!"
Search      
Login | Register 
Read more stories about
Small Business Innovative Research (SBIR)>>

News Topics

MATR Sponsor:

The Montana World Trade Center at The University of Montana helps Montana businesses understand and compete in the global marketplace. Visit >>







MATR Supporters:

The Montana Economic Developers' Association (MEDA) is an association of business professionals who promote and foster economic development activities in Montana. Visit >>





Strand & Associates Embodies Integrity, Competence, Compassion, and Civility Within the Context of a Successful Law Practice. Visit >>

Budget Cuts, Mismanagement Muddle SBIR Grants

February 21, 2008View for printing

A five-year-old boy playing with matches sets his pajamas on fire causing second or third degree burns over half of his body. Twenty years ago, the injuries would likely have been fatal. But today, patients with burns over as much as 90 percent of their bodies typically recover.

Many of two million people who suffer these injuries each year owe their survival to a trauma surgeon and a mechanical engineer, who developed an artificial skin at Integra LifeSciences Corp., a small biotech company in New Jersey. Of significance, their research was supported by a Small Business Innovation Research (SBIR) grant from the National Institutes of Health (NIH). It’s a matter of debate whether the company’s Integra Matrix Wound Dressing would be available today — or developed at all — without early stage funding from the government.

But the clock is winding down on this program, which the Small Business Administration (SBA) administers through various federal agencies. Without congressional reauthorization, the 1982 law that created SBIR grants will expire in seven months, and there is no guarantee that Congress will act by then. It’s already facing a legislative logjam created, in part, by partisan politicking and a preoccupation with the looming presidential election.

By Keith Girard

Full Story: http://www.allbusiness.com/governmen ... 5536-1.html
No reader comments so far. Be the first to comment by clicking the button below.





Reprinted under the Fair Use doctrine of international copyright law. Full copyright retained by the original publication. In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.


E-mail this page to a friend!     


Lijit Search