Small Business Administration proposed rule
This article was originally published in The Gray Sheet
Executive Summary
Restructuring small business size standards, better measurement of employees for grant-eligibility and participation by venture capital are topics on which SBA seeks public comment, following a Dec. 3 proposed rule. The Medical Device Manufacturers Associations and the National Venture Capital Association have bristled at the restrictions on venture capital assistance, which could exclude from Small Business Innovation Research grants companies that are majority-owned by VC firms (1"The Gray Sheet" Dec. 22, 2003, p. 13). SBA's proposed rule notes that a majority of commenters endorsed an earlier proposal in March that sought to alter size requirements for SBIR grants. Comments on the December proposal are due Feb. 1. With the consolidated appropriations bill's passage into law Dec. 8, SBA was reauthorized for two years...
You may also be interested in...
SBIR Funding Ban on VC Firms Stifles Biotech Growth – Rep. Graves
Venture capital-backed firms should be allowed to compete for small business research grants, Rep. Sam Graves (R-Mo.) contended at the House Science/Environment, Technology & Standards Subcommittee hearing June 28
SBIR Eligibility For Venture Cap Encouraged By NVCA Data Gathering Effort
The National Venture Capital Association will attempt to quantify the total number of lives saved by VC-backed technologies in a report on the role of early-stage funding in medical device innovation
US Q1 Consumer Health Earnings Preview: Label This One Historic And Challenging But Promising
US OTC drug and supplement firms’ reports of results for the first three months of 2024 began on April 19 with P&G. JP Morgan analysts say while “some retailers in the US in particular” are reducing consumer health inventories, for the overall sector they expect “a healthier balance of positive volume and lower pricing contribution.”