SBA would give small businesses guidance on foreign threats

The Small Business Administration would prepare and share educational materials with help from relevant federal agencies. Small businesses would have access through SBA district offices and other SBA programs. The materials would cover harmful conduct by foreign adversaries, entities they own or control, and certain federally listed entities or people. Guidance would explain how to protect business interests abroad without unnecessarily restricting lawful business activity. Annual reviews would begin October 1, 2027, with updates as needed.

The SBA administrator would notify the House and Senate small business committees of certain risk findings. This requirement would cover findings about other activities beyond the bill’s listed threats. The administrator would first consult relevant federal agency heads. The notice would identify the activity and explain the finding. Notice would be required when the administrator makes such a finding.