Build to Scale Reauthorization Act of 2026

This bill renews the federal regional innovation program run by the Secretary of Commerce, which gives grants to support innovation-based business growth in regions. It authorizes $50 million per year for fiscal years 2026 through 2030 and allows the Secretary to use leftover unspent funds from earlier years. The bill requires the Secretary to award grants, subject to available funding, and sets the federal share of project costs at up to 50 percent plus up to 40 percent more based on local need. It requires outreach to rural, trade-affected, and economically distressed communities, redefines venture development organizations, and requires a notice of funding opportunity within 90 days of enactment.

Full text and official record on Congress.gov

Sponsors

• Todd Young Republican sponsor
• 1 cosponsors