Small Business Innovation Voucher Act of 2025

The Small Business Innovation Voucher Act of 2025 would establish a voucher program designed to support small business innovation. Under this proposed program, eligible small businesses would receive vouchers they could use to purchase innovation-related services from approved providers. These services would likely include research, development, technical assistance, and other support to help small businesses develop new products, processes, or services. The bill aims to make innovation resources more accessible and affordable for small enterprises that may lack the capital or expertise to pursue research and development independently. If enacted, the program could help small businesses compete more effectively by reducing barriers to accessing professional innovation services and technical support.