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Congress Comes to Massachusetts to discuss SBIR Programs

SBANE hosts one round-table and invited to speak at another

Congressman Keating meets with local business owners
WALTHAM- With the SBIR/STTR Program set to expire September 30th, local Massachusetts Congressmen met with small business owners last week to talk about the challenges they are facing and where they would be without the SBIR awards. SBANE President Bob Baker hosted Congressman Edward Markey (D- 7th District) in a round table discussion with approximately 13 member companies about how to create jobs in Massachusetts at this point in time.

Baker expressed concern that President Obama’s job bill lacks an important component to it; access to capital for small businesses. During the informal round table discussion, there was a call from small business owners for the government to support workforce training initiatives for new employees as well as lower health care and energy costs. Congressman William Keating (D- 10th District) also held a roundtable discussion about small business issues and SBIR in Hyannis and invited Baker to attend. Keating sits on the Small Business Committee and held an open discussion with Cape-based businesses about their SBIR success.

Baker used this opportunity to speak directly to the Congressman about the Massachusetts Growth Capital Corporation, where he sits on the credit committee and about SBANE’s success in assisting to create a high tech matching grant program to subsidize companies who have received Phase Two SBIRs. Keating reminded attendees of the importance educating others about their SBIR success. There were concerns across the board about whether or not SBIR/STTR funding will be available in the future. On September 29th, Congress was able to pass a Continuing Resolution to keep the government running through Tuesday, October 4th and that will give them time to pass another one that will keep the government and SBIR running until November 18th.

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