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Small Business Research and Development Programs – Preventing Fraud, Waste, and Abuse [Video]

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Small Business Research and Development Programs – Preventing Fraud, Waste, and Abuse

GAO’s analysis of 37 fraud schemes targeting the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs demonstrates control vulnerabilities and fraud risks with a range of financial and other impacts. These schemes often affected multiple participating agencies and programs.

GAO’s analysis of SBIR.gov award data from fiscal years 2016 through 2021 identified thousands of awardees with one or more fraud, waste, or abuse indicator.

By improving the data through guidance and verification, SBA can support agencies’ risk management activities.

Related GAO Work: GAO-24-105470, Opportunities Exist for SBA and Agencies to Reduce Vulnerability to Fraud, Waste, and Abuse

Check out the report: https://www.gao.gov/products/gao-24-105470

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General Information: The U.S. Government Accountability Office (GAO) is an independent, nonpartisan agency that works for Congress. Often called the “congressional watchdog,” GAO investigates how the federal government spends taxpayer dollars.

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