Congress·In Committee·S. 3415

Small Business Innovation Voucher Act of 2025

Small Business: Innovation Voucher Grants

Dec 10, 2025·View on Congress.gov·Read full text

This bill is one vehicle in a longer effort. See the full story across every version.View effort →

Next up: A senate committeeNo action in 7 months

The Small Business Innovation Voucher Act of 2025 is currently in the early stages of the legislative process. It was recently introduced and sent to the Senate Committee on Small Business and Entrepreneurship for review. There are no upcoming votes scheduled at this time, and the bill is waiting for the committee to decide on its next steps.

Legislative Progress

Senate

House

President

Law

Could go either way

This bill has support from both parties and a relatively low price tag, which helps its chances. However, most new grant programs face a long road to becoming law.

How we got here

This bill’s path across every version that has carried it.

Reintroduced
Reintroduced from S. 1739 (118th), which died when its Congress ended.
S. 1739 (118th) →

Key Points

This bill would create a new grant program at the Small Business Administration. It aims to help small companies work with colleges and research labs to build and sell new inventions.
Small businesses could apply for grants ranging from $15,000 to $75,000. These funds would be used to pay for technical help and expert advice needed to turn a new idea into a finished product.
The program requires businesses to share some of the costs. If a grant is under $50,000, the government covers up to 75 percent of the bill. For larger grants, the government and the business split the cost 50-50.
Congress would set aside $10 million each year for five years to pay for these grants. To win a grant, a business must prove that their project is realistic and that they need the extra money to make it happen.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.

Milestones

2 milestones2 actions

Dec 10, 2025Senate

Read twice and referred to the Committee on Small Business and Entrepreneurship.

Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.

Dec 10, 2025

Introduced in Senate

The bill was officially filed and given a number. It now enters the legislative queue.

No votes or news coverage recorded for this bill yet.

Source Information

Document Type

Congressional Bill

Official Title

Small Business Innovation Voucher Act of 2025

Bill NumberS 3415

Congress119th Congress

ChamberSenate

Latest ActionRead twice and referred to the Committee on Small Business and Entrepreneurship.

Data Sources

Congress.gov

Official legislative information

Read Full Bill Text

Sponsor

Cosponsors

(1)

R: 1

Analysis generated by AI. Always verify with official sources.