Madam Chairman, I rise in support of H.R. 5819, the Small Business Innovation Research and Small Business Technology Transfer Programs Reauthorization Act. These two programs are highly successful Federal initiatives designed to encourage…
Madam Chairman, I rise in support of H.R. 5819, the Small Business Innovation Research and Small Business Technology Transfer Programs Reauthorization Act.
These two programs are highly successful Federal initiatives designed to encourage economic growth and innovation within the small business community by assisting with the funding that is critical at the startup and developmental stages of a small company. Not only do they spur growth in individual companies, the programs stress the importance of the Small Business Committee's and the entire Federal Government's commitment to expand and diversify research opportunities for small businesses.
Created in 1982, the SBIR program offers competition-based awards to stimulate technological innovation among small private sector businesses while providing government agencies with new, cost- effective, technical and scientific solutions to meet their diverse needs. This program is not only critical to the unique needs of each of the participating Federal agencies but also to our national economy. Small businesses renew the U.S. economy by introducing new products and lower cost methods of doing business, sometimes with substantial economic benefits. They play a key role in introducing technologies to the market, often responding quickly to new market opportunities. Some of our Nation's greatest technological innovations were originated by small business owners tinkering in their workshops, including two very famous Ohioans, the Wright brothers.
Our committee worked very hard to produce the legislation we have before us today. We held several hearings on
this topic over the last few months inviting the Small Business Administration, SBIR and STTR program managers from Federal agencies, various small businesses, and academics to discuss this program's successes and consider amendments that would improve it. I am happy to say that a great many of the ideas presented to the committee have found their way into this legislation.
For example, the bill requires agencies with an annual SBIR program of $50 million or more a year to create an SBIR advisory board to review the program quarterly and recommend improvements. We found throughout the course of our work that there is simply not enough hard evidence available to effectively measure the success or failure of the programs. Several of our witnesses touched on this subject, and the National Academy of Sciences mentioned it in its congressionally mandated study of the SBIR program.
The bill also states that agencies required to have an SBIR advisory board must complete an evaluation of the competitive SBIR proposals within specific time frames. This is important to ensure that potential awardees are reviewed promptly and effectively. Given the complexity and time-consuming nature of awarding an SBIR grant award application, it can be very difficult to plan your business' future without knowing its fate for months at a time.
The legislation also increases the size of maximum awards to allow grant winners greater ability to develop their new technologies and provides agencies even greater flexibility to administer the programs. The award levels have not been raised or adjusted for inflation in 16 years. Several of our witnesses commented that the levels, particularly for phase I, offer very little wiggle room.
Additionally, I believe this legislation finds an appropriate balance on the issues of venture capital companies' funding of SBIR participants. I would like to thank the gentleman from Missouri (Mr. Graves) for all of his hard work on this issue. Mr. Graves has been a champion on this matter for years and has consistently worked to find a solution that balances funding the best science with maintaining the integrity of the program's goals of helping small businesses. I understand Mr. Graves will be offering a perfecting amendment during this proceeding that effectively strikes this balance, and I would urge Members on both sides of this aisle to support the amendment.
I would also like to thank the gentlelady from New York and chairwoman of our committee, Ms. Velazquez, and her staff for working in such a strong bipartisan manner with me and other members of our committee and with our staff on this legislation. But this is nothing new. The gentlelady has consistently sought my input and Republican members on the committee's input on various bills that we reported out of the committee and how they should be crafted. Although we may not always agree on every issue or there may be philosophical undertones, the spirit of working together in an effort to produce legislation that truly helps American small businesses always prevails, and I congratulate and commend the gentlelady for doing that.
Again, I urge my colleagues to vote for this legislation.
I reserve the balance of my time.
Madam Chairman, I yield 2 minutes to the gentleman from Georgia (Mr. Westmoreland).
Madam Chairman, I yield the gentleman an additional minute.
Madam Chairman, we will reserve the balance of our time.
Madam Chairman, I reserve the balance of my time.
Madam Chairman, we have been told we have Don Young, who is on his way here; so we're not prepared to close. But if time runs out, then it runs out.
Madam Chairman, I yield myself such time as I may consume.
Obviously we are still waiting for Mr. Young to speak. If he gets here, he gets here; if he doesn't, he doesn't.
I would like to, first of all, again commend the gentlewoman from New York for her cooperation and once again putting together a bipartisan effort here. And we both agree that both of these programs should be continued and have great value; so I would encourage my colleagues to support it.
Without Mr. Young's being here and not having spoken to him ahead of time and knowing exactly what he wanted to talk about, I would guess what he wanted to talk about had to do with the fact that energy is a huge problem in this country and some of it is because we have handcuffed ourselves and we are far too reliant upon foreign sources of energy from the Middle East, from some of the most unstable parts of the world, from Nigeria, from Venezuela. And for that reason, we're seeing gas prices at all-time highs, approximately $3.50 per gallon, and it's hurting an awful lot of our constituents, my constituents in Cincinnati and other members of the driving public all over this country. And one of the principal reasons is we are too reliant upon foreign sources of energy. We also haven't built an oil refinery.
I would be happy to yield to the gentleman.
Reclaiming my time, I thank the gentleman for interposing his points of view.
But as I was saying, Madam Chairman, I think one of the principal reasons we are seeing these high energy prices is because we are far too reliant upon foreign sources of energy. We have put off-limits an area which is in Mr. Young's State, in Alaska, ANWR. It's an area that not many people go to, although the photographs that you see of it make it look like it's nothing but flowers and animals and that it's a very lovely area, and I'm sure it is lovely in certain parts of the year. But the bottom line is by putting that 16 to 18 billion barrels of oil off-limits, we have to buy more oil from other countries, and that's one of the things that drives up the cost.
Another part of considerable oil reserves that we have put off-limits is in the Outer Continental Shelf. Now compared to 16 to 18 billion barrels of oil in ANWR, we have, we think, 83 to 86 billion barrels of oil and huge amounts of natural gas. And as long as we put those areas off-limits, it means we have to buy oil from somewhere else. It puts OPEC in a position where they can turn the spigot down somewhat or not increase it to take care of not only our needs but the needs of a growing environment in India and in China and those areas; so the price goes up as a result of that.
The other problem is we haven't built an oil refinery in this country since 1976. We make it virtually impossible for that to happen. We had over 300 oil refineries 30 years ago. We're down to 148, so fewer than half the number of oil refineries. That's another big problem. And I think those are the types of problems that Mr. Young would have in all likelihood spoken about.
Madam Chairman, I see that Mr. Young has entered, so I will at this point yield such time as he may consume to the gentleman from Alaska (Mr. Young).
(Mr. YOUNG of Alaska asked and was given permission to revise and extend his remarks.)
Madam Chairman, I yield back the balance of my time.
I thank the chairwoman for yielding.
We have no objection to the gentleman's amendment and would commend him for offering it.
I thank the gentlewoman for yielding.
I would just comment that we appreciate the chairwoman's willingness to work with the gentleman in accepting his amendment. We would be happy to be part of that conversation. We appreciate your cooperation.
I thank the chairwoman for yielding.
We have no opposition to the gentleman's amendment. We appreciate his effort to add to the positive things which we need to do to move towards solving this energy crisis we find ourselves in.
Madam Chairman, although I am not opposed to the gentleman's amendment, I would like to claim the time in opposition.
Madam Chairman, I would like to yield such time as he may consume to the gentleman from North Carolina (Mr. Hayes).
Reclaiming my time, do I have any time remaining, Madam Chairman?
I yield my remaining time to the gentleman from Michigan (Mr. Ehlers).
Madam Chairman, I yield back the balance of my time.
I thank the chairwoman for yielding.
We have no objection to the gentlewoman's amendment.
I thank the gentleman for yielding, and I rise in support of the amendment offered by the gentleman from Missouri (Mr. Graves). This is a good amendment that I feel strikes the appropriate balance on the issue of venture capital companies' funding of SBIR participants.
One of the guiding principles that we focused on as we worked on the legislation was the premise that we ought to be funding the best science. By allowing the amounts of venture capital investment in SBIR applicants that are prescribed by this amendment, we are not only ensuring that we are funding the best science, but also maintaining the program's goal of helping small businesses.
The gentleman from Missouri has been a leader on this issue for years, and I applaud his efforts on our committee and throughout the House to find a solution for this issue. And it is a balance here. You can make arguments on both sides, but I think what he has tried to do is to do something that is fair to small businesses and also have the best science.
I thank the gentleman for yielding, and thank him for his leadership on this issue.
Madam Chairman, we have no opposition.
I thank the gentlelady for yielding. We have no opposition to the gentleman's amendment.
I thank the gentlelady for yielding.
I support the gentlelady's amendment, and I would commend her for looking out for the interest of service-disabled veterans in this country, a group of people who have clearly earned the respect and the gratitude that they are entitled to. Thank you for offering the amendment.
Madam Chairman, although I am not in opposition, I will claim the time in opposition.
Madam Chairman, I won't take that time. I just want to commend the gentleman for offering the amendment. We have no opposition.
I yield back the balance of my time.
I thank the chairwoman for yielding, and I want to commend the gentlelady for offering her amendment, and we support it.
Madam Chairman, I rise to claim the time in opposition, even though we're not opposed to the amendment.
The Acting CHAIRWOMAN. Without objection, the gentleman from Ohio is recognized for 5 minutes.
We would commend the gentleman for offering the amendment.
I yield back the balance of my time.
I thank the chairwoman for yielding.
We have no objections.