Build to Scale Reauthorization Act of 2026

This bill renews and changes a federal program run by the Secretary of Commerce that gives grants for regional innovation projects. It authorizes $50 million per year for fiscal years 2026 through 2030 and lets the Secretary use leftover unspent money from earlier years. It changes the Secretary's grant authority from optional ("may") to required ("shall"), subject to available funding. It sets the federal share of project costs at up to 50 percent, plus up to 40 percent more based on local need, and directs outreach to rural, trade-affected, and economically distressed areas. It also redefines "venture development organization" and adds increasing access to capital for innovation-based businesses as a program goal.

Full text and official record on Congress.gov

Sponsors

• Haley M. Stevens Democrat sponsor
• 5 cosponsors