SMALL BUSINESS RESEARCH PROGRAMS
Agencies Need to Take Steps to Assess Progress Toward Commercializing Technologies
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Publisher Description
Through the SBIR and STTR programs, federal agencies have awarded about 162,000 contracts and grants totaling $46 billion to small businesses to help them develop and commercialize new technologies. Eleven federal agencies participate in the SBIR program, and 5 agencies also participate in the STTR program. Each program has three phases, which take projects from initial feasibility studies through commercialization activities. SBA oversees both programs...
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Convergence with Accounting Standards
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