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Small Business Innovation and Economic Security Act Extends SBIR and STTR Programs, Bolstering Research Security

Public Law 119-83 extends the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs and adds security risk evaluation requirements for award decisions. Federal agencies must now assess whether small business concerns present security risks, including through due diligence, disclosures, and coordination with the intelligence community, law enforcement, and counterintelligence capabilities. The amendments add new denial grounds for concerns connected to entities on various federal restricted-lists including the UFLPA Entity List, OFAC's Non-SDN Chinese Military-Industrial Complex Companies List, the Section 889 Prohibition List, Chinese Military Companies List, Military End User List, Entity List, FCC's List of Equipment and Services, and CBP's Withhold Release Orders and Findings List.