Today the SBIR was reauthorized for a period of 6 years, ending September 30, 2017. This includes STTR, and what was the Commercialization Pilot Program (CPP), now to be known as the Commercialization Readiness Program (CRP). The reauthorization was included in the National Defense Authorization Act of 2012 (NDAA) HR.1540.
The bill has been sent to the President to sign the bill into law, and he has said he would.Continue reading
Peoria will soon play host to bioscience startups, with the lofty long-term goal of becoming a bioscience hub focused on medical devices that would bring high-paying jobs to the city.