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Categories: economics, business, government

Briefing Date:11/15/2000
Topic:Small Business Innovation Research Program: An Assessment of the Department of Defense Fast Track Initiative, The

THE NATIONAL ACADEMIES

National Research Council

Policy Division

Board on Science, Technology, and Economic Policy

*****

Congressional Briefing

Wednesday, November 15, 2000 -- 10:00 a.m.

2325 Rayburn House Office Building

on

The Small Business Innovation Research Program: n Assessment of the Department of Defense Fast Track Initiative

by

W. Clark McFadden, Partner, Dewey Ballantine and Member, Steering Committee for Government-Industry Partnerships for the Development of New Technologies, Board on Science, Technology, and Economic Policy, Policy Division, National Research Council

This new report, from the National Research Council, assesses the Department of Defense's Fast Track Initiative, a program which provides expedited decision-making for Small Business Innovation Research (SBIR) awards to companies that have commitments from outside investors to purchase SBIR-funded technologies. The issues the report addresses are:

The results of the assessment include formal recommendations and findings for the DoD SBIR Program and Fast Track, including case studies of Fast Track and non-Fast Track firms, a survey of SBIR awardees, and a statistical analysis evaluating the impact of regular SBIR and Fast Track awards.

This briefing was for members of Congress and congressional staff only. The report was publicly released on November 17, 2000 and the full text is available on-line through the National Academy Press.

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