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SBA Raises SBIR Award Threshold

April 15, 2010 /

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The MDT Disadvantaged Business Enterprise (DBE) Program encourages and supports the participation of companies owned and controlled by socially and economically disadvantaged individuals in transportation contracts.

On March 30, the Small Business Administration (SBA) issued a Notice of Final Amendments to 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. SBA received only two public comments, both supporting the proposed amendments, between August and September 2008.

Full Story: http://www.tbedresourcecenter.org/email/715160.1/LH/edocket.access.gpo.gov/2010/2010-7018.htm