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ARTICLE · 03 OCTOBER 2022

Congress Passes Bill To Reauthorize SBIR/STTR Programs

Morrison Foerster
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As most experts expected, Congress has passed the bill to reauthorize the SBIR and STTR programs until September 30, 2025. The bill is now headed for the White House, where the President...

United StatesGovernment, Public Sector

As most experts expected, Congress has passed the bill to reauthorize the SBIR and STTR programs until September 30, 2025. The bill is now headed for the White House, where the President is expected to sign it into law.

The reauthorized SBIR and STTR programs will include a few new features, but otherwise are unchanged. The legislation does not require changes to Phase III of the SBIR program. The new aspects of the programs are:

  1. Foreign Risk Management, Ongoing Reporting, and Agency Recovery: The reauthorization act introduces a new requirement to assess security risks in companies seeking a new SBIR/STTR award. Agencies will develop new due diligence regimes to assess "the cybersecurity practices, patent analysis, employee analysis, and foreign ownership of a small business concern seeking an award, including the financial ties and obligations (which shall include surety, equity, and debt obligations) of the small business concern and employees of the small

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Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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