On the recordSeptember 13, 2001
I rise to lend my strong support to S. 856, the Small Business Technology Transfer Program Reauthorization Act of 2001. The Committee on Small Business and Entrepreneurship has closely reviewed the STTR program this year and found the STTR program to be highly successful. This important bill acknowledges that success by expanding the program. This bill, like most bills considered by the Small Business and Entrepreneurship Committee, was crafted in a bipartisan manner and approved by a unanimous vote. I would like to thank Senator Kerry, and chairman of the committee, for his leadership and cooperation in this effort. I am pleased to have worked closely with him on this bill, and I trust our colleagues will overwhelmingly support this legislation. The STTR Program was created in 1992 to stimulate technology transfer from research institutions to small firms while, at the same time, accomplishing the Federal government's research and development goals. The program is designed to convert the billions of dollars invested in research and development at our nation's universities, federal laboratories and nonprofit research institutions into new commercial technologies.
Source
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