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How important is small business technology innovation to the economic recovery? It is crucial, says U.S. Rep. Nydia Velazquez (D-NY), chairwoman of the House Small Business Committee in these opening remarks for a hearing in early 2009 on funding for the Small Business Innovation Research program (SBIR). At the beginning of 2010 nothing has changed and small business innovation remains key to the building of a new economy out of the ashes of the Great Recession. But also interesting are Velazquez's comments about the need to change the way we do business as we move toward economic recovery, something that is true not only in the U.S. but globally. You can find more clips from the hearing on YouTube and learn more about the SBIR program by visiting the program's Website at SBIR.gov.