Extends federal funding for small business innovation programs and boosts outreach.
This bill would extend federal funding for programs that help small businesses innovate until 2030. It would also slightly increase the money agencies can use to manage these programs. A portion of these funds would go to the Small Business Administration to help more small businesses, especially in underserved areas, get these awards.
Currently, federal agencies can use 3 percent of their small business innovation program funds for administrative costs, but this ability ends on September 30, 2025. This bill would extend that deadline to September 30, 2030, and raise the allowable percentage to 3.3 percent. It would also require some agencies to send at least 10 percent of these administrative funds to the Small Business Administration to help them run the programs and increase outreach to underserved areas.
HR 7217 · 119th Congress · January 22, 2026 · AI Summary by gemini-2.5-flash · 9/10
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