Initiatives
Rep. Mazie K. Hirono (D-HI) has proposed the `SBIR Enhancement Act of 2011' as HR 447 of the 112th Congress, which increases the funding for SBIR by increasing the funding tax from the original 2.5% up to 5%, raises the Phase 1 amount to $200,000 and provides for economic adjustments every five years.
Read more about this topic: Small Business Innovation Research
Famous quotes containing the word initiatives:
“It is well known, that the best productions of the best human intellects, are generally regarded by those intellects as mere immature freshman exercises, wholly worthless in themselves, except as initiatives for entering the great University of God after death.”
—Herman Melville (1819–1891)