This is something that BIANYS is following very carefully on behalf of our members. We have been hearing from a number of members who are concerned that their portfolio companies will lose access to the essential early-stage funding that these programs provide. The funding for SBIR and STTR is set to run out in September. It will be a top priority for BIANYS to ensure the funding remains in place and that our members are engaged in the discussion in Washington on how to improve the program.

Our legislative affairs committee will be meeting on July 27th at 10am to discuss this issue along with issues surrounding the new normal/the future of work and the need to discuss changes to the StartUP NY program requirements. If you have interested in joining our Legislative Affairs Committee and give input on these two topics, email me at Thank you.

Marc Alessi