2022 NSBA Washington Conference Lawmakers Authorize SBIR/STTR through 2025

Date: 13 - 14 Sep 2022

With approximately 50% of the US GDP is attributed to Small Businesses, Isabel Chen, President and CEO of Trystine Technical Innovations, Inc. is a staunch small business advocate. She is a Leadership Council Member of the National Small Business Association (NSBA) and serves on both the NSBA Small Business Technology Council and the Economic Development Committee. The National Small Business Association (NSBA) is the nation’s oldest small business advocacy organization operating on a non-partisan basis. The organization includes members from every state and every industry throughout the nation with more than 65,000 small-business members. Ms. Chen had the honor and pleasure of participating in the 2022 NSBA Washington Presentation in Washington, D.C. It was a great opportunity to hear from several Key Note Speakers including White House Senior Advisors, Members of Congress, and Leaders from Government Small Business Procurement Organizations. Most importantly, the event afforded the opportunity to discuss and advocate for key small business issues. Along with other NSBA Leadership Council Members from California, she met with Justin Schardin, Senator Feinstein’s Legal Assistant; Sharon Wagener, Representative Julia Brownley’s Legislative Director; and Andrew Baratta.

1. Renewing the SBIR / STTR Program

2. Small Business Tax Provisions that are set to expire

3. Repealing the Corporate Transparency Act

4. Federal contracting for small business

The SBIR/STTR Program is an essential and greatly beneficial program for the US Government and Small Businesses. The hard-fought battle by lawmakers, the Department of Defense, the NSBA Small Business Technology Council as well as other advocates resulted in success! The SBIR / STTR Program passed the US Senate on September 20, 2022 and the US House of Representatives on September 29, 2022; just in time to renew the Program through 2025!

NBSA website link.

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