The US Small Business Administration has announced a final amendment to the Small Business Innovation Research (SBIR) Program Policy Directive (PD). The amendment adjusts the SBIR Program award threshold amounts to offset the effect of inflation, and was made effective on March 30, 2010.
Under the amendment, the threshold amounts have been adjusted to from $100,00 to $150,000 for Phase 1 and from $750,000 to $1,000,000 for Phase II. According to the notice released by the SBA, adjusting the thresholds “adequately offsets the general effects of inflation, maintains a degree of stability and simplicity to the threshold levels, and continues to provide participating agencies with an appropriate degree of flexibility in award size.
View the complete notice at http://edocket.access.gpo.gov/2010/2010-7018.htm.
