IDEA Act of 2025

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 5826 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 5826 To establish a grant program to provide minority business enterprises access to entrepreneurship opportunities, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES October 24, 2025 Ms. Stevens (for herself and Mrs. Beatty) introduced the following bill; which was 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 _______________________________________________________________________ A BILL To establish a grant program to provide minority business enterprises access to entrepreneurship opportunities, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Increasing and Developing Entrepreneurship Access Act of 2025'' or the ``IDEA Act of 2025''. SEC. 2. GRANTS TO PROVIDE MINORITY BUSINESS ENTERPRISES ACCESS TO ENTREPRENEURSHIP OPPORTUNITIES. (a) Establishment.--Not later than 180 days after the date of the enactment of this section, the Under Secretary of Commerce for Minority Business Development shall establish a program to provide grants to business accelerator entities to provide entrepreneurship opportunities to minority business enterprises. (b) Application.--A business accelerator entity desiring a grant under this section shall submit to the Under Secretary an application at such time, in such manner, and containing such information as the Under Secretary may reasonably require. (c) Amount and Term.--The amount of a grant provided under this section shall be $1,000,000 each ye