Bills · S 2411
IN COMMITTEE· 119TH CONGRESS
Senate BillS 2411Commerce
Scale-Up Manufacturing Investment Company Act of 2025
INTRO JUL 23· LAST ACTION JUL 23
READING
15MIN
COSPONSORS
0
READER REACTIONS0 TOTAL
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- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed Senate
Passed House
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenSmall and emerging manufacturers in the United States, particularly those in advanced or technology-intensive fields, would be most directly affected. These are businesses that have developed innovative products or processes but need substantial money to build their first large-scale production facilities or significantly expand their operations. The program intends to provide them with access to this crucial funding, which they often struggle to secure within the U.S., potentially helping them grow and remain competitive domestically.
Additionally, private investment funds focusing on manufacturing or emerging technologies would be affected as they could apply to become "participating investment funds" under the program. This would grant them access to government "leverage" to support their investments, potentially increasing their capacity to fund eligible U.S. manufacturing projects. American workers and the broader economy could also benefit from new manufacturing jobs and increased domestic production.
KEY PROVISIONS
4AI-extractedPROVISION 01
Establishes the Scale-Up Manufacturing Investment Company (SUMIC) Program under the Small Business Investment Act of 1958.
This creates a new federal initiative specifically designed to address the funding gap for scaling up manufacturing in the U.S.
PROVISION 02
Authorizes the Small Business Administration (SBA) to provide "leverage" to private investment funds that participate in the program.
This "leverage" encourages private capital to flow into critical U.S. manufacturing projects by reducing risk for investors.
PROVISION 03
Defines "qualifying manufacturing project" as investments in small, emerging manufacturers for building first commercial production facilities, novel capabilities, or introducing emerging manufacturing technologies.
This focuses the program's resources on specific types of high-impact, early-stage manufacturing growth.
PROVISION 04
Requires the SBA to license participating investment funds based on criteria such as their proven investment experience, track record, and expertise in manufacturing and emerging technologies.
This ensures that public support is directed through experienced and capable private sector partners.
SPONSORSHIP
1 + 0
D· New Jersey
YRS IN OFFICE
12
BILLS LED
120
ACTION TIMELINE
2 EVENTSJUL 23
Introduced in Senate
JUL 23
Read twice and referred to the Committee on Small Business and Entrepreneurship.
BILL INFO
TypeSenate Bill
NumberS 2411
Congress119th
StatusIn Committee
IntroducedJul 23, 2025
Last actionJul 23, 2025
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IN COMMITTEE· 119TH CONGRESS · SMALL BUSINESS AND ENTREPRENEURSHIP COMMITTEE · INTRODUCED JUL 23, 2025
Senate BillS 2411Commerce
Scale-Up Manufacturing Investment Company Act of 2025
INTRODUCED JUL 23, 2025· LAST ACTION JUL 23, 2025
PASSAGE CHANCES
—%
READING
15 min
COSPONSORS
0
COMPLEXITY
Moderate
