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Combating Foreign Threats to Small Businesses Act of 2026
The Combating Foreign Threats to Main Street Act of 2026 directs the Small Business Administration (SBA) to develop and share educational resources that inform small businesses about harmful actions by foreign adversaries. These actions include intellectual property theft, cyberattacks, forced labor, counterfeit goods, and risky foreign investments that could threaten the economic or national security of the United States. The SBA will work with various federal agencies such as Homeland Security, the FBI, and the Commerce Department to create accurate and up-to-date materials. These resources will be distributed through SBA district offices and programs, making them accessible to small businesses nationwide.
The educational materials will explain the nature of these foreign threats, how they impact small businesses, and best practices for protecting sensitive information, supply chains, and cybersecurity. They will also guide small businesses on risks related to foreign investments and partnerships involving entities controlled by foreign adversaries. The SBA must review and update these materials annually to reflect new threats and legal changes. Additionally, if the SBA identifies a specific activity posing a significant risk to U.S. economic or national security, it must notify relevant congressional committees.
This bill aims to empower small businesses with knowledge and resources to defend against foreign threats that could harm their operations and the broader U.S. economy. By increasing awareness and providing practical guidance, it seeks to reduce vulnerabilities in small business sectors that may be targeted by foreign adversaries. However, the effectiveness of the bill depends on the quality and reach of the educational materials and the cooperation between federal agencies and the SBA.
Key Points
Helps small businesses understand and guard against foreign threats
May require significant coordination and resources to keep materials current and widely distributed
Who's Affected
Small business owners
Gain access to information and guidance to protect against foreign adversary threats
Small Business Administration
Increased responsibility to develop, update, and disseminate educational materials
Foreign entities identified as adversaries
Increased scrutiny and awareness of their activities by U.S. small businesses
Latest Action
Placed on the Union Calendar, Calendar No. 741.
Estimated Impact
MediumProbability over time
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