Alliance Celebrates Passage of SBIR/STTR Reauthorization

WASHINGTON, Dec. 22, 2011 /PRNewswire/ -- The Alliance for Affordable Services is celebrating the passage of legislation that will reauthorize funding for the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs for another six years. Both programs provide federal research grants aimed at encouraging America's small businesses to develop technological innovations, which in turn leads to job creation and economic growth.

Many of the Alliance's approximately 80,000 members are small-business owners, and the association advocated vigorously for the survival of these programs that support investment of Federal research funds in the private sector to build a strong national economy.

"The Alliance for Affordable Services is devoted to the development and success of small business," said Alliance President Paul Pevsner, M.D. "We support the SBIR program because it continues to drive novel technology development in America."

Senator Mary Landrieu (D-LA), chair of the U.S. Senate Committee on Small Business and Entrepreneurship, expressed appreciation for the Alliance's efforts. "I cannot thank Alliance for Affordable Services enough for fighting to pass this legislation. Without the help of our groups, and Senators [Carl] Levin and [John] McCain, we would not have the peace of mind we will have for another six years with this long-term authorization." Landrieu noted that when President Obama signs the act, which he is expected to do before December 23, "He is not only authorizing defense programs, but he is reauthorizing one of our nation's top public-private partnerships, keeping our country on the forefront of defense technology and scientific innovation."

"Many successful well-known American high tech companies such as Symantec Corp., Qualcomm, Inc., and Amgen, Inc., began as Phase 1 SBIR grant start-up companies. The success of these companies is a testament to the power of small entrepreneurial businesses that used their technology to develop products and jobs," Pevsner added.

The Alliance was also recognized by Representative Sam Graves (R-MO), chair of the U.S. House Small Business Committee. "The SBIR and STTR programs are a win-win for America," said Graves. "They will help small businesses across the nation create jobs, springboard ideas, and spur economic growth. Thanks to the Alliance for Affordable Services for their support."

Founded in 1981, Alliance for Affordable Services uses the power of the group to deliver savings on a variety of business, lifestyle, and health benefits for approximately 80,000 members nationwide. The association's Legislative Advocacy Program informs members and provides them with tools to contact their legislators and voice their opinions.  For more information about the Alliance and its legislative advocacy program, visit AffordableServices.org/advocacy or call Alliance Member Services at 800.733.2242.

SOURCE Alliance for Affordable Services