Changes

*'''Small Business Innovation Research (SBIR) ''' is a program introduced by the U.S. Congress in the early 1980's to enhance long term growth among small businesses. They offer grants to small businesses to financially boost the company's outlook and additionally assign the company's a sign of quality which consequently starts to attract further external investments.

*The '''Jumpstart Our Business Startups ''' (JOBS) Act of 2012 was enacted to provide looser security regulations for entrepreneurs and investors to allow for more funding and potential for success for startup businesses. Two specific provisions of the act are especially impactful for small businesses: Title II and Title IV. Title II indicates the increase in the number of potential investor that a company can communicate with in order to acquire funding. Title IV allows investors to put almost 10 times more funds into companies with much less restricted investing requirements.

*State governments often match the federal '''SBIR grants ''' given out to small businesses.

*'''Public venture funds ''' are given to several small businesses to promote entrepreneurship and financially back small businesses.

*Under the '''The Innovation Promotion Act of 2015''', companies will be allowed up to a 71% deduction of the lessor of either their taxable income or their innovation box profit. Qualified innovation property would include patents, inventions, formulas, processes, computer software, and possible other innovations.