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Congress Advances Bill to Extend Startup Innovation Funding Through 2031 – DeFiance Media – 4.15.26

DeFiance Daily – U.S. lawmakers are moving to secure long-term funding for small business innovation. S. 3971, the Small Business Innovation and Economic Security Act, would reauthorize key federal programs like the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs through 2031 while introducing stricter oversight and structural reforms. The effort reflects growing urgency around domestic innovation, supply chain security, and global tech competition.