Establishes the Innovation Voucher Grant Program to award grants to small businesses for technical assistance and services.
The Small Business Innovation Voucher Act of 2026 mandates the establishment of the Innovation Voucher Grant Program by the Small Business Administration. This program will award grants to small businesses for purchasing technical assistance and services from eligible entities, such as institutions of higher education or nonprofit research labs. The grants aim to foster collaboration, facilitate access to advanced research capabilities, and stimulate innovation. The program will run from fiscal years 2026 through 2030, with a total authorized appropriation of $10,000,000 per year.
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