Identify a true statement about the Small Business Innovation Research (SBIR) program that was created as part of the Small Business Innovation Development Act.Multiple choice question.Small businesses submit proposals directly to only one agency using a nonstandardized format.Each agency in the program evaluates business proposals from small businesses on a noncompetitive basis.It offers research and development funds to small businesses from all federal agencies with budgets in excess of $100 million.It fails to offer a uniform method by which each participating agency can solicit, evaluate, and select the research proposals for funding.

True or false: Unlike the Small Business Technology Transfer (STTR) program, the Small Business Innovation Research (SBIR) program requires that a principal investigator (PI) must spend a minimum of 10 percent effort on a project and have a formal appointment with or commitment to a small-business concern (SBC).

What is the SBA? Question 9Answer a. The method used to develop an operation’s marketing budget b. A government agency that helps small businesses c. A form of paid advertising d. A part of the marketing plan

James could also explore the possibilities of financing through a government agency that advises and assists small businesses. This organization is known asMultiple Choicethe SBA.SCORE.the DEA.the Federal Business Program.the Better Business Bureau.

Which of the following organizations is an independent agency of the federal government that offers managerial and financial assistance to small businesses like JCF Health and Fitness?Multiple ChoiceSmall Business Development Centers (SBDCs)Small Business Institutes (SBIs)Active Corps of Executives (ACE)Small Business Administration (SBA)Service Corps of Retired Executives (SCORE)

The marketing research process is only applicable to large corporations, not small businesses. True or False