Sen. Olympia Snowe, a Maine Republican, has received the Small Business Technology Council’s Milton Stewart Award. It's an annual award presented annually to individuals who have made big contributions to American small business technology companies.
“I am honored to receive this distinguished award from SBTC, whose dedication to promoting and defending the Small Business Innovation Research and Small Business Technology Transfer programs has been nothing short of remarkable. These critical programs are more important than ever to helping spur national job creation and enhancing our global competitiveness," said Snowe.
According to the Small Business Administration, the SBIR program awarded over $2.1 billion to businesses in fiscal 2008, while STTR added $239 million.
"The impact of this funding on small business development, high-tech innovation, and commercialization of groundbreaking technology is incredibly significant and I remain committed to reauthorizing SBIR and STTR in a manner that ensures they remain, to their core, small business programs,” said Snowe.
The Small Business Technology Council is a nonprofit organization representing small, technology-based companies. SBTC is a big fan of the SBIR program.
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