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US taxpayers are funding China’s innovation — we must stop

Summary by The Hill
The Small Business Innovation Research (SBIR) program is being exploited by foreign entities and corporate welfare recipients, with the top 20 SBIR mills consuming $3.4 billion in contracts and producing little more than policy white papers, while genuine American startups struggle to get funding, and Sen. Joni Ernst's INNOVATE Act proposes targeted reforms to address these issues.

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  • 100% of the sources are Center
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The Hill broke the news in Washington, United States on Sunday, August 24, 2025.
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