Home / Technology / Philly biotechs are getting a small funding boost from a new city program, but it doesn’t replace ‘America’s seed fund’

Philly biotechs are getting a small funding boost from a new city program, but it doesn’t replace ‘America’s seed fund’

Congress failed to reauthorize the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs last fall. More than a dozen local biotech companies are affected.

Philadelphia biotechs are worried about losing a key source of federal funding for early-stage innovation.
Known as “America’s seed fund,” the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs help small… [4217 chars]

Source: The Philadelphia Inquirer | Published: 2026-02-05T10:00:00Z

Credit: The Philadelphia Inquirer

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