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Turning Innovation Into Enterprise

TCWV in the News

State lawmakers support small business research, development

Op-ed in the State Journal

April 19, 2019

by Anne Barth

2020 will be known forever as the Year of the Coronavirus Pandemic and the societal upheaval that followed. As scientists and researchers around the world race to produce faster testing kits and a vaccine, the invaluable role of scientific research is front and center. This is a race we must win, and soon.

The United States has an outstanding track record in innovation that is second to none, thanks in no small part to federal programs like the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) program. Created in 1982, the SBIR-STTR program has produced a wealth of innovations aimed at improving health, protecting our citizens, strengthening national defense and more.

Now, more than ever, is the time to bolster research and development programs because our lives — and our economy — depend on it.