Senate Holds Hearing on Strengthening R&D Grants

The Senate Small Business and Entrepreneurship Committee held a hearing on the "Strengthening Participation of Small Business in Federal Contracting and Innovation Research Programs." While the current bill reauthorizing the Small Business Administration does not include a provision regarding Small Business Innovation Research (SBIR) grants, the majority of the hearing focused on the SBIR issue. MDMA continues to work with other associations in Washington to get legislation passed allowing majority venture-backed medical device companies to receive SBIR grants.