Which of the following is true regarding Small Business Innovation Research

Which of the following is true regarding small

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partnering with large companies (mentors) under individual, project-based agreements. Which of the following is true regarding Small Business Innovation Research (SBIR) / Small Business Technology Transfer (STTR) programs? That is correct. The correct answer is B . The purpose of DoD's SBIR and STTR programs is to harness the innovative talents of our nation's small technology companies for U.S. military and economic strength. Small companies retain the intellectual property rights to technologies they develop under these programs. Funding is awarded competitively, but the process is streamlined and user-friendly. Lesson Summary Nice work, JANIE, you have completed Other Small Business Concerns / Topics . Take a moment to review the key information that was presented in this lesson. Select each item below to review the information. The Next button will remain disabled until you select each item . Bundling Federal Acquisition Regulation (FAR) defines the term bundling as the consolidation of two or more requirements previously provided or performed under separate smaller contracts and combined into one contract/multiple award contract/order. One or more of the requirements were previously provided or performed or could have been performed by a small business, and results in a single award/order that is likely to be unsuitable for award to small business. Although bundling is not a specific small business program, the regulations require inclusion of the small business professional in acquisition planning, if the acquisition strategy involves substantial bundling; this allows the small business professional to assist in identifying alternative strategies that would reduce or minimize the impact on small business concerns. Bundling does not apply to contracts awarded outside the U.S. Reserves Section 1331 of the Small Business Jobs Act of 2010 specifies that federal agencies may, at their discretion, reserve one or more contract awards for small business concerns under full and open multiple award procurements. Reserves are permitted when: A total small business set-aside is not possible.
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The procurement cannot be broken up into smaller discrete portions or discrete categories (e.g., contract line item numbers (CLINs)). Two or more small business concerns could perform one part of the requirement. - or - One or more small business concern could perform the entire requirement, but there is no reasonable expectation of satisfying the Rule of Two. DoD Mentor-Protégé Program (MPP) The Department of Defense (DoD) Mentor-Protégé Program was established to increase the number of small businesses involved in the defense industry. Successful mentor-protégé agreements provide a winning relationship for the protégé, the mentor, and the DoD. The DoD Mentor-Protégé Program's purpose is to provide incentives for contractors to assist protégé firms in enhancing their capabilities and to increase participation of such firms in government and commercial contracts. The DoD Mentor-Protégé Program assists small businesses (protégés) to
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