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Friday, July 24, 2009
While more small biotech firms might have a chance to snap up Small Business Innovation Research grants, competition could become fierce under new legislation recently passed by the House.
The good news is small companies that are majority-owned by venture capital firms – once banned from applying for the government aid – would have a shot at SBIR grants under the bill, which would reverse a 2003 ruling that said those companies do not qualify as small businesses.Read Full Article
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