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CSBI: New Study Outlines Potential Impact of Three Promising Tax Proposals

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Ernst & Young recently released a study to determine the potential impact of three tax proposals to help innovative small companies secure sustained private investment. The study models the direct, indirect, and induced impact that the three legislative proposals would have on investment and employment in small, R&D-intensive companies. Below is a summary of the proposals, as well as the potential impact if enacted: Proposal 1:  Section 469 R&D Partnership Structures. Reforming the passive activity Read More >

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New Legislation Would Stimulate Investment in Innovation

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Today, the Coalition of Small Business Innovators (CSBI) applauds Reps. Jim Gerlach (R-PA), Richard Neal (D-MA), Mike Kelly (R-PA), and Ron Kind (D-WI) for introducing H.R. 4855, the Partnerships to Advance Revolutionary Technology and Novel Entrepreneurial Research (PARTNER) Act.  This bill would support early-stage research by incentivizing investment in R&D-focused small businesses. The PARTNER Act would allow companies to partner with their investors on a specific research project or pipeline.  Only start-up and small companies Read More >

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STEM Video Competition Offers Cash Award

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Budding scientists, take note. Biocom Institute and the Coalition of State Bioscience Institutes have extended the deadline for an online STEM video competition. The competition is open to all United States students in grades 5-12. The students will be required to create a one-minute video designed to answer one of two questions – Why is STEM important to YOU? or Who is your STEM hero and why? Video submissions should be uploaded to YouTube and Read More >

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The New Demand for Biotech Industry Talent

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Biotechnology is a multi-disciplinary field involving the integration of knowledge and skills drawn from numerous disciplines, such as microbiology, biochemistry, genetics, molecular biology and chemistry. Traditionally, the field of biotechnology has required a workforce with a wide array of highly specialized skills and training. Interestingly though, a shift has begun to take place, favoring people with interdisciplinary academic training who can support more than one project team and work across multiple areas. On September 10, Read More >

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E&Y Study: 3 Tax Tweaks that Could Spur Job Growth

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A new report from Ernst & Young illustrates the economic impact of three tax proposals intended to help small businesses spur innovative research and development. The report indicates that the three tax revisions, if enacted together, could drive up research and development investments by more than $20 billion and create an estimated 623,000 new jobs at new and small firms. The report outlines the potential impact of the three proposals, which include: The R&D partnership Read More >

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