Comment on FR Doc # 2012-18119

Document ID: SBA-2012-0011-0006
Document Type: Public Submission
Agency: Small Business Administration
Received Date: August 23 2012, at 12:00 AM Eastern Daylight Time
Date Posted: August 28 2012, at 12:00 AM Eastern Standard Time
Comment Start Date: August 5 2012, at 08:00 PM Eastern Standard Time
Comment Due Date: October 4 2012, at 11:59 PM Eastern Standard Time
Tracking Number: 810edeb9
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This is comment on Rule

Small Business Innovation Research Program Policy Directive

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We are an early stage company with 3 employees. We've been awarded 1 Phase I SBIR and 1 Phase II SBIR and are making excellent progress towards commercialization. Unfortunately, about 1 year ago we had a small fundraise (~$2M) in which institutional investors (VC and seed funding organizations) put us under the ownership requirement resulting in our being ineligible for future SBIR/STTR grants. We are still a small business and we could absolutely use these funds to help propel our technology to the market place. We are excited to hear about the new eligibility rules and look forward to their implementation. Thank you. Jason

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Comment on FR Doc # 2012-18119
Public Submission Posted: 08/28/2012 ID: SBA-2012-0011-0003