The National Center for Advancing Translational Sciences (NCATS), part of the National Institutes of Health, is holding a closed meeting on February 2, 2021. The meeting, which will occur virtually, focuses on reviewing contract proposals related to the Small Business Innovation Research (SBIR) Phase I, Topic 021. It will not be open to the public because it might involve discussions that include confidential information, trade secrets, or personal information. The notice was published less than 15 days before the meeting due to time constraints associated with the review and funding schedule.
Simple Explanation
The National Center for Advancing Translational Sciences is having a secret online meeting to talk about small business ideas, but people can't join because they might discuss secret stuff. The notice for this meeting came out a bit late, which might not be fair because people weren't told in advance.