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NSBA’s Small Business Technology Council (SBTC) met alongside Washington Presentation 2024. The meeting, held in a breakaway room after the NSBA’s Congressional Breakfast, was well attended by SBTC SBTC Executive Director Jere Glover and Co-Chair Bob Schmidt led the discussion, which touched on a number Handout SBTC Sec. 174 R&D Tax Deduction Handout We also used the opportunity to honor our 2024 Champion Awards: 2024 SBTC Champion Award Winners   Awards Presentation Photos: Landon Bailey – Wargame Program

Small Business Administration’s (SBA’s) Small Business Investment Company (SBIC) Diversification and As of Aug. 17, private market fund managers can apply for SBIC licenses designed for investing in American The two new SBIC licenses – the “Accrual SBIC” and the “Reinvestor (Fund-of-Funds) SBIC” – expand the SBIC program network of private market financing partners and the SBA’s reach to historically underserved Last year, SBICs invested $8 billion in more than 1,500 companies that created and sustained more than

On April 16, 2024, SBTC Executive Director Jere Glover was invited to testify before the House Small Economic Growth, Tax and Capital Access in a hearing titled “Exploring SBA Programs: Reviewing the SBIC With the SBIR/STTR programs set to expire in September 2025, SBTC’s hope that this hearing can get the SBTC has already had several discussions with staffers on the hill about what that legislation might Glover April 16 Written Testimony to House Small Business Committee House Small Business Hearing on SBIC

NSBA's Small Business Technology Council (SBTC) member Ken Mahmud from Triton Systems, Inc, has been As SBTC continues to urge Congress and its members, there is very little time to waste, as getting legislation SBTC is pleased that both the House and Senate committees have thus far been moving quickly to get the

From Feb. 7-8, SBC 2023 attendees will hear from policy insiders, lawmakers, and small-business experts the iconic Hotel Washington mere steps from the White House and only a few minutes from Capitol Hill, SBC Starting things off Tuesday, Feb. 7, SBC 2023 begins with a session on capital and procurement issues Following this panel, SBC programming continues with a conversation on tax policy, including expiring Wednesday morning, Feb. 8, SBC delegates are back at it early with a Congressional Breakfast featuring

Comprehensive AI policy comes down to common sense, and that includes prioritizing Small Business realities in crafting an effective rules, laws, and regulations. FEB. 17 | This week, NSBA sent a letter to the House Bipartisan Task Force on Artificial Intelligence (AI) outlining recommendations for lawmakers to consider in creating a framework for AI regulation. As businesses increasingly adopt AI, small-business owners have demonstrated concerns that pertain to compliance, even in the absence of a federal legislative framework for AI regulation. Many small-business owners have expressed concern that technology regulations could harm their businesses and reported that their businesses would face challenges complying with existing proposed AI regulations at the state level. Moreover, in its December 2024 report, the House task force found that small businesses may not only lack sufficient access to capital and AI resources, but also that they may lack a full understanding of how to best adopt AI systems. Accordingly, NSBA recommends lawmakers, led by the task force, create a framework for regulating AI that considers barriers small businesses may face in adopting AI, including but not limited to knowledge barriers, concerns over legal and compliance issues as well as costs, and shortfalls in employee training for an increasing digital economy. Read our full letter here , and follow NSBA as we continue tracking this important matter and its evolution in Congress, including developments on AI policy taking shape in both the House and Senate.

efforts from last year that began more than five years ago, NSBA’s Small Business Technology Council (SBTC To learn more about NSBA and SBTC’s efforts, read SBTC’s letter and sign on to the cause here, and read

“NSBA applauds the underscored and renewed commitment from the Biden-Harris administration on policy efforts needed to ensure that our small businesses gain a level playing field to create economic growth across the nation." FOR IMMEDIATE RELEASE MEDIA CONTACT Molly Day press@nsba.biz February 8, 2023--WASHINGTON, D.C.— President Biden faced the nation for a State of the Union Address on Tuesday, February 7, 2023. This year’s address focused on the administration’s plans for increased economic growth for the American economy with an eye toward rebuilding the American middle class by supporting our small-business community. In addition to his highlighting small-business creation and growth, Biden underscored another pillar of NSBA: bipartisanship, and the critical need for lawmakers to reach across the aisle to do the business of the American people. Todd McCracken, President, and CEO said the following about the address: “NSBA applauds the underscored and renewed commitment from the Biden-Harris administration on policy efforts needed to ensure that our small businesses gain a level playing field to create economic growth across the nation. Our members have remained at the forefront of the effort to rebuild the American economy following years of economic strain and uncertainty, and we were glad to hear that the administration plans to drive critical resources to our business community. While we stand with policymakers that seek to increase opportunity for small businesses, we caution against hasty action on complex regulatory and legislative issues that impact small business ownership. According to NSBA’s upcoming report we look forward to sharing with you, credit markets continue to tighten, and now is the time to increase small business access to capital and ease regulatory burdens on our business owners to ensure that regulations are working for them, not against them. We look forward to utilizing the momentum and energy garnered from tonight’s address to continue serving our member businesses’ ability to remain economic powerhouses for their local economies. We hope that these remarks serve as a reminder that small business issues are non-partisan issues, and by working together, our leaders can achieve greater results for the engine of our economy.” ### About the National Small Business Association: The National Small Business Association (NSBA) advocates for the needs of millions of small businesses nationally through its network of over 65,000 small companies. Representing companies of all sectors in every corner of the country, NSBA works on a proactive and bipartisan basis to improve the economic climate for small business growth and success.

SBC 2023 is upon us! Join NSBA as we make big commitments to supporting small business nationwide!

During the SBC sessions, you will hear directly from lawmakers on their small-business priorities, where Leading up to this year’s SBC – returning in-person for the first time since the 116th session of Congress Read more about 2023’s SBC here.

Jere Glover, Executive Director of SBTC: “We have worked closely with lawmakers on this bill for months SBTC is a council of NSBA and focuses on critical high-tech and innovation programs through the federal NSBA and SBTC’s 65,000 members represent every state and every industry in the U.S., and we are proud

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