SBA adds disclosure of foreign influence to SBIR policy directive
Last year's Small Business Innovation Research (SBIR) reauthorization included a new requirement that participating agencies work to identify foreign connections of applying companies. Certain types of connections to “countries of concern,” which include China and Russia, could result in the small business being prohibited from receiving federal funds. The U.S. Small Business Administration has now published a template for disclosure of foreign relationships that will be part of the latest SBIR policy directive and that all agencies will be expected to use. The template is available for public comment through May 3 in the Federal Register.