The Small Business Innovation Voucher Act of 2025 establishes a grant program for small businesses to access technical assistance and services.
The Small Business Innovation Voucher Act of 2025 mandates the Small Business Administration to create the Innovation Voucher Grant Program. This program awards grants to small businesses for the federal share of costs to purchase technical assistance and services from eligible entities. The grants range from $15,000 to $75,000, with the federal share being up to 75% for grants under $50,000 and up to 50% for grants of $50,000 or more.
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- Legal Framework
- Critical Issues
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