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NIH and the Small Business

Senator Benjamin Cardin (D–Md.) introduced a bill that would have NIH spend more of its stimulus funds on small businesses that are commercializing research, reports ScienceInsider. In the American Recovery and Reinvestment Act, NIH was exempt from the 2.8 percent “tax” that other agencies pay to fund the Small Business Innovation Research programs. This bill would have NIH contribute $150 million of its stimulus money on SBIR grants.Fo