Bill · S. 3415· Senate(119-S-3415)
Small Business Innovation Voucher Act of 2025
- Introduced
- 12/10/2025
- Last activity
- 12/10/2025 — Read twice and referred to the Committee on Small Business and Entrepreneurship.
- Sponsored by
- Catherine Cortez Masto
- Cosponsors
- - 0 - 1
- Introduced
- In Committee
What this bill would do
This bill, known as the ``Small Business Innovation Voucher Act of 2025'', requires the Administrator of the Small Business Administration to create an Innovation Voucher Grant Program. The program will award grants to small business concerns to help pay for technical assistance and services from eligible entities. These services are intended to help businesses research, develop, or commercialize new products and services. Grants will range from a minimum of $15,000 to a maximum of $75,000. The program aims to foster collaboration between small businesses and research institutions while promoting economic growth and job creation.
Yes· 3 of 6
Does this make it easier to run a small business?+7
The bill provides direct financial grants to help small businesses access research, technical expertise, and advanced infrastructure.
Would business owners be better off under this?+6
Small business owners gain access to capital-intensive infrastructure and expert technical services through federal grants.
Is this likely to create jobs?+5
The bill explicitly states its purpose is to preserve and create new jobs through technical assistance and innovation.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Access to advanced resources: The program aims to help small businesses access capital-intensive infrastructure, advanced research capabilities, and technical expertise (Section 3(b)).
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Economic and workforce growth: The program is intended to promote business competition, stimulate leadership in technology, accelerate the development of an advanced workforce, and preserve or create new jobs (Section 3(b)).
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Support for innovation: Small businesses can receive grants to help with the research, development, or commercialization of new or innovative products and services (Section 3(a)).
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Collaborative opportunities: The program is designed to foster collaboration between small business concerns and research institutions or other similar organizations (Section 3(b)).
Potential Negative Impacts for People
- Financial responsibility for businesses: While the grant covers a portion of the costs, the federal share is capped at a specific percentage, meaning small businesses must cover the remaining cost (Section 3(f)). Specifically, the federal share is not more than 75 percent for grants under $50,000, and not more than 50 percent for grants of $50,000 or more (Section 3(f)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Improves Small Business Support+7Improves Economic Growth+5Increases Job Creation+5
- Demographic And Interest Groups
- Good For Business Owners+6Good For Urban Residents+1
- Education And Technology
- Increases Scientific Research Funding+5
- 12/10/2025
- Read twice and referred to the Committee on Small Business and Entrepreneurship.
- 1 Cosponsor added.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Todd YoungRepublican · Indiana