# 119-s-3415: Small Business Innovation Voucher Act of 2025

119-s-3415, Small Business Innovation Voucher Act of 2025, is a 119th Congress bill sponsored by Sen. Cortez Masto, Catherine [D-NV] (D-NV); status introduced; PRIA reads it as touching household money (as of 2026-09-10).

- Canonical: https://policyrisk.com/legislation/119-s-3415
- As of: 2026-09-10
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-3415
- Congress: 119
- Title: Small Business Innovation Voucher Act of 2025
- Status: introduced
- Introduced: 2025-12-10
- Sponsor: Sen. Cortez Masto, Catherine [D-NV] (D-NV)
- Cosponsors: 1
- Policy area: Commerce
- Touches household money: yes
- Last recorded action: 2026-09-10

## Summary

**This bill would create a Small Business Innovation Voucher program that gives small firms federal grants to buy technical assistance from universities and nonprofit research labs.** It aims to speed commercialization, boost university‑business collaboration, and grow high‑skill jobs. - Small businesses could apply for grants between $15,000 and $75,000 to pay eligible research partners for technical services and product development. - Colleges, nonprofit research labs, and federally funded research centers become eligible sellers of those services, creating new revenue and stronger paths to commercialize research. - The Small Business Administration would run the program, report outcomes every two years, and the bill would authorize $10 million per year from 2026 through 2030 while limiting administrative costs to 5%. *This bill would authorize roughly $10 million annually for five years, increasing federal spending by about $50 million and making funds available until expended.*

## Cosponsors (1)

- Sen. Young, Todd [R-IN] (R-IN), 2025-12-10T00:00:00.000Z

## Provisions PRIA read

- Innovation vouchers for small businesses: benefit, high. If enacted, the SBA would set up an Innovation Voucher Grant Program within 180 days to award competitive grants to qualifying small businesses. Grants would be $15,000 to $75,000, and the federal share would be up to 75% for grants under $50,000 and up to 50% for grants $50,000 or more. You would…

## Related bills

- 119-s-3659: SECURE Minerals Act of 2026
- 119-s-1748: Kids Online Safety Act
- 119-s-5283: Momnibus Act
- 119-s-3990: PrEP Access and Coverage Act of 2026
- 119-s-4576: Jewish American Security Act
- 119-s-2461: Promotion and Expansion of Private Employee Ownership Act of 2025

## Sources
- [119-s-3415 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/3415)

## Related
- [119-s-3659: SECURE Minerals Act of 2026](https://policyrisk.com/legislation/119-s-3659)
- [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748)
- [119-s-5283: Momnibus Act](https://policyrisk.com/legislation/119-s-5283)
- [119-s-3990: PrEP Access and Coverage Act of 2026](https://policyrisk.com/legislation/119-s-3990)
- [119-s-4576: Jewish American Security Act](https://policyrisk.com/legislation/119-s-4576)
- [119-s-2461: Promotion and Expansion of Private Employee Ownership Act of 2025](https://policyrisk.com/legislation/119-s-2461)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-3415 (as of 2026-09-10).