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Trump Signs Bill Reauthorizing $4B Small Business Innovation Programs

4/14/2026

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Story summary
  • On April 13, 2026, U.S. President Donald Trump signed the Small Business Innovation and Economic Security Act, reauthorizing SBIR and STTR through September 30, 2031 and tightening screening.
  • The programs provide over $4 billion annually and had lapsed in September 2025 amid concerns about awardees' ties to certain countries.
  • The U.S. Space Force celebrated the reauthorization at the Space Symposium, underscoring small business innovation's role in national security.