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Support for US Manufacturers: New Funds for Growth and Jobs

This act establishes a new program to support small and emerging manufacturing companies in the US. It aims to help them secure capital for building initial production facilities and introducing new technologies, potentially leading to more jobs and innovation domestically. The goal is to keep advanced technology manufacturing within the United States, rather than moving it overseas.
Key points
New financial support program for small and emerging manufacturing firms in the US.
Easier access to capital for companies looking to build first commercial production facilities and implement new technologies.
Potential increase in manufacturing jobs and strengthened innovation within the country.
Support for businesses owned by women, veterans, individuals with disabilities, and socially and economically disadvantaged individuals.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_2411
Sponsor: Sen. Booker, Cory A. [D-NJ]
Process start date: 2025-07-23
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Scale-Up Manufacturing Investment Company Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_2411.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-07-23.

What are the main provisions?

Key points include:

  • New financial support program for small and emerging manufacturing firms in the US.
  • Easier access to capital for companies looking to build first commercial production facilities and implement new technologies.
  • Potential increase in manufacturing jobs and strengthened innovation within the country.
  • Support for businesses owned by women, veterans, individuals with disabilities, and socially and economically disadvantaged individuals.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Booker, Cory A. [D-NJ].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Economy Public Investments Labor