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product revenue, job creation and taxes as these products mature 

 in the marketplace. 



The area of technology has always been important to me and we are 

 refocusing this priority at the Office of Advocacy. You may 

 recall that Phil Lader, SBA Administrator, has testified that the 

 yearly taxes from just three companies that were helped by SBA 

 (Staples, Apple and Intel) are more than the total annual budget 

 of the SBA. It is especially significant to me that two of these 

 companies are global technology leaders. 



The SBIR program is nov/ in its thirteenth year and has grown from 

 the initial funding of 686 Phase I awards to small business 

 innovators in 1933 for a total of $44.5 million, to the 

 preliminary FY-94 program numbers with over 4100 awardees for a 

 total of more than $700 million. It is one of the most heavily 

 analyzed government programs, with seven full GAO reports, ten 

 annual SBA reports, commercialization studies by SBA, GAO and the 

 funding Agencies, and countless reports by various other federal, 

 state and local governments. The summary conclusion of all of 

 these reports is that the program is a model of success, and has 

 many elements that are being highlighted as exemplary tools for 

 other programs. 



First, the perspective of the funding Agencies is important. 

 There are currently eleven federal Agencies that are required to 



