Boosting Small Business Innovation and Protecting Against Foreign Influence
This act aims to improve programs supporting small businesses in developing innovative technologies, especially those critical for national security. It introduces new funding opportunities, simplifies program access for new companies, particularly from rural areas, and strengthens protections against undesirable foreign influence to safeguard American innovation.
Key points
Increased financial support for small businesses developing breakthrough technologies, with up to $30 million per project available.
Easier access to support programs for new companies, including a special Phase 1A with simplified applications and smaller grants (up to $40,000).
Enhanced outreach efforts by federal agencies to small businesses in rural communities to encourage their participation in innovation programs.
Strengthened security checks and due diligence procedures to protect innovations from foreign influence, including a ban on agreements with entities engaged in censorship.
Agencies can recover funds if a company sells intellectual property developed with program support to entities from countries of concern.
Extension of SBIR and STTR programs until 2028, ensuring continued support for innovation.
Introduced
Additional Information
Print number: 119_HR_4777
Sponsor: Rep. Williams, Roger [R-TX-25]
Process start date: 2025-07-25