IDEA Act of 2025
HR 5826, the IDEA Act of 2025, creates a federal grant program to increase access to entrepreneurship resources for minority business enterprises. The bill authorizes $25 million annually (2026-2030) to provide $1 million grants to business accelerators, which must use funds for capital, networking programs, or other support directly benefiting minority businesses in regions with at least 15 qualifying enterprises (each with $250k+ annual revenue). Grants require 25% non-federal funding match and mandate annual reports to Congress tracking grant distribution and program outcomes. This policy directly supports minority-owned businesses seeking capital and growth opportunities through established business accelerator networks.
Bill status
in committee
1 of 4 stages cleared
Introduction
Oct 2025
Committee Review
Floor Vote
President
Introduced Oct 24, 2025
Last action Oct 24, 2025
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Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Oct 24, 2025
Committee
Referred to the Committee on Financial Services, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
lower
Oct 24, 2025
Introduced
Introduced in House
lower
1 primary · 1 co-sponsor
Sponsors
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