- Stage
- In committee
- Started in
- House
- Sponsors
- 2
- Latest action
- Jul 25, 2025
What it does
The INNOVATE Act aims to improve the SBIR and STTR programs under the Small Business Act by enhancing small business success, increasing funding allocations, streamlining participation, and strengthening protections against foreign influence. It would affect small businesses participating in federal innovation programs, particularly by raising the STTR budget allocation from 30% to 50% and reducing the SBIR requirement from 40% to 20%, while creating new strategic breakthrough funding awards of up to $30 million for qualifying Phase II projects. The bill also includes provisions to encourage new entrants, combat discriminatory practices, improve outreach to rural communities, and strengthen…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.