Venture Funding and the NIH SBIR ProgramVenture Funding and the NIH SBIR Program The Small Business Administration issued a policy directive in 2002, the effect of which has been to exclude innovative small firms in which venture capital firms have a controlling interest from the SBIR program. This book seeks to illuminate the consequences of the SBA ruling excluding majority owned venture capital firms from participation in SBIR projects. This book is part of the National Research
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