An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)

SBIR/STTR Awards

Government grants given to small businesses to encourage them to develop new technologies and products for federal agencies, stimulating innovation.

Due Diligence Program

A process of research and investigation done by the government to assess potential security risks associated with small businesses applying for federal research grants.

Covered Foreign Entity

A foreign government, specific foreign country, or individuals/organizations linked to them, that the U.S. considers a national security risk, including entities involved in terrorism, espionage, or other harmful activities.

Venture Capital Operating Company

A type of investment firm that provides funding to startup companies and small businesses with high growth potential, often in exchange for an equity stake.

Hedge Fund

An investment fund that uses a variety of strategies to earn returns for its often wealthy investors, including taking on complex and risky investments.

Private Equity Firm

An investment firm that buys and invests in private companies or takes public companies private, with the goal of improving their performance and eventually selling them for a profit.