The purpose of the Small Business Innovation Voucher Act of 2026 is to support small businesses in developing new products and services by providing them with grants to access technical assistance and expertise. This program aims to foster collaboration between small businesses and research institutions, enhance innovation, and ultimately create jobs and promote economic growth. Key provisions of the act include the establishment of the Innovation Voucher Grant Program, which will award grants ranging from 5,000 to $75,000 to small businesses.