[Congressional Record Volume 157, Number 51 (Friday, April 8, 2011)]
[Senate]
[Pages S2342-S2343]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SBIR/STTR
Mrs. HUTCHISON. Mr. President, today, I rise to speak to an amendment
I believe addresses three underlying issues in S. 493, the Small
Business Innovation Research Program, SBIR, and the Small Business
Technology Transfer Program, STTR, Reauthorization Act.
First, this amendment reduces the reauthorization of these programs
from 8 years down to 3 years. This reauthorization bill, S. 493, makes
substantial changes to the SBIR and STTR programs, and it is important
for the reauthorization timeline to reflect that. The changes could
dramatically improve the program, but in case there are additional
changes that need to be to ensure they remain successful and effective,
it is in the best interest of the participating agencies and the
participants in the programs that there is an opportunity to make
adjustments after a few years.
Second, my amendment strikes the mandatory increase agencies must set
aside from their budgets to fund both the SBIR and STTR programs.
Currently, these programs are funded through the participating agencies
setting aside 2.5 percent of their total research budgets for the SBIR
program and 0.3 percent for the STTR program. S. 493 would require this
set aside be increased to 3.5 percent and 0.6 percent over a period of
time for the SBIR and STTR programs, respectively.
In this current budget environment, when all agency budgets are
feeling the pinch, increasing this mandatory set aside will mean fewer
dollars are available for other research. These programs focus on
commercialization of cutting edge innovation, which is critical to our
country's global competitiveness. However, this mandatory increase
would mean funding cuts to other life saving research. For the National
Institutes of Health this 1 percent increase to fund the SBIR program
would mean there would be about $300 million less for other NIH
research, research focused on finding new cures. For example, NIH
spends about $300 million per year on prostate cancer, a little less
than that on lymphoma research and spends only half of that on autism
research every year.
There is no evidence that agencies must turn away high-quality
applicants or underfund them because there is a lack of funding. In
fact, agencies that participate in these programs currently have the
discretion to spend more on the SBIR or STTR programs if they deem it
appropriate. The current set aside is a floor, not a ceiling. This
amendment does nothing to change that. However, I believe mandating the
increase, especially in this current budget environment, especially for
8 years, could greatly disrupt Federal funding for other critical
research.
The third provision of my amendment addresses the reality that
bringing an idea to market is a complex process that often requires
several rounds of financing. This amendment ensures that all small
businesses are given an opportunity to compete for these grants
regardless of their financial makeup, as long as they are a small
business. Years ago there was an administrative change made to the
eligibility criteria for these programs that has severely restricted
the ability of quality applicants to compete for funding. That change
has unilaterally excluded companies solely due to their financial
structure and not due to the size of their company. Small businesses
are small businesses because of the number of people they employ, not
because they have received their start up money through a venture
capitalist, or an angel investor or from winning the lottery. This
sentiment was echoed by the Director of the Office of Science and
Technology Policy, John Holdren, in a letter sent to Chairman Landrieu
in 2009. Mr. Holdren stated that ``it is critical for the U.S. economy
and global competitiveness that the very best companies are sustained
and the most promising small companies are not arbitrarily restricted
or excluded because of their capital structure.''
Arbitrary exclusion from these programs has affected small businesses
all over the country. Too many times it has become a defining part of
the story of too many promising small businesses. One such story is
that of ActaCell, Inc. It is a company started with leading research in
the lithium ion materials field from the University of Texas in 2007.
When ActaCell applied for an SBIR grant through the Department of
Defense, it met the new eligibility standards required by the program;
both in its size and its financial structure. However, as the
application was pending, ActaCell needed to secure additional financing
in order to continue its operations and therefore fell
[[Page S2343]]
outside of these new arbitrary guidelines. The result was the Federal
Government missed out on an opportunity to fund promising research,
solely due to this arbitrary financial restriction.
The Austin Chamber of Commerce wrote a letter to my office with their
many concerns regarding this provision. They stated that the problem is
compounded by the fact that the majority venture capitalist-funded
companies can house multiple unfunded ideas that are ultimately all
excluded from the program. This occurs, even though research shows
great promise, only because a business's overall financial structure
offends this financial restriction. Their letter states that ``Small
businesses should not be forced to choose between the SBIR program and
venture capital funding. To accelerate American technological
innovation, Federal efforts must promote the importance of both public
and private sector sources of capital and partnerships.''
Yesterday, in front of the House Small Business Committee, another
Texan told his story of how these restrictions have hurt innovation.
Mr. Glenn Norem cofounded Totus Lighting Solutions, a company that
manufactures and markets products that integrate surveillance with
sensor monitoring on intelligent lighting platforms. Because of these
arbitrary financial restrictions in the SBIR program, Mr. Norem had to
chose between venture capital funding and Federal grants. When asked
what impact that decision has had on his company and other companies
similarly situated, he stated, that it delayed commercialization.
Allowing companies to partner with all available options enables
innovation, which grows companies and creates jobs.
This amendment is supported by the University of Texas, Austin
Chamber of Commerce, Rice University, the Association of American
Universities and the Association of Public and Land-grant Universities.
I will be proud to offer this amendment that will improve the
underlying legislation and help ensure that absolute best research gets
funded by American tax dollars, so that innovation can lead to
commercialization as quickly as possible. Our country's job creators
need us to do our jobs so they can do theirs.
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