The bill aims to protect small businesses from foreign adversary conduct that harms their interests. The Small Business Administration will develop and disseminate educational material, covering nature of harm, intellectual property protection, cybersecurity, and more. Updated annually, the materials will reflect emerging risks and tactics. If an activity poses significant risk, the Small Business Administration will notify relevant congressional committees. The bill defines "additional covered entity," "foreign adversary," "foreign adversary conduct that poses material harm to small business concerns," "small business concern," and names the relevant federal agencies. The bill targets theft, cyber intrusions, forced labor, counterfeit goods, predatory investment practices, and other activities posing risks to small businesses.