Pentagon’s China Warning Prompts Calls to Vet U.S. Funding of Startups
By Kate O’Keeffe
May 8th, 2022
WASHINGTON, D.C.—Congress may soon require government agencies to vet tech startups seeking federal funding, after a Defense Department study found China is exploiting a popular program that funds innovation among small American companies.
The study, which was viewed by The Wall Street Journal, found China is using state-sponsored methods to target companies that have received Pentagon funding from the Small Business Innovation Research program.