§16375. Limits on participation
An entity shall be eligible to receive an award under this part only if the Secretary finds-
(1) that the entity's participation in the program under this part would be in the economic interest of the United States; and
(2) that either-
(A) the entity is a United States-owned entity organized under the laws of the United States; or
(B) the entity is organized under the laws of the United States and has a parent entity organized under the laws of a country that affords-
(i) to United States-owned entities opportunities, comparable to those afforded to any other entity, to participate in any cooperative research venture similar to those authorized under this part;
(ii) to United States-owned entities local investment opportunities comparable to those afforded to any other entity; and
(iii) adequate and effective protection for the intellectual property rights of United States-owned entities.
(