Inside Cybersecurity

June 8, 2023

Daily News

Pentagon worried struggling tech start-ups will miss out on U.S. aid, turn instead to Chinese, other foreign investors

By Justin Doubleday / April 6, 2020

The Defense Department's top official in Silicon Valley wants to ensure struggling technology startups will qualify for emergency small business loans, as he worries companies could instead turn to Chinese and Russian investors – a situation the Pentagon has long been keen to address amid cybersecurity and other concerns

In an April 1 letter to officials at the Small Business Administration marked "for official use only," Defense Innovation Unit Director Michael Brown writes the coronavirus has put non-traditional defense...

Log in to access this content.

Not a subscriber? Sign up for 30 days free access to exclusive news and analysis on cybersecurity regulations and more.