This bill, known as the "Build to Scale Reauthorization Act of 2026," aims to reauthorize and enhance the regional innovation program established under the Stevenson-Wydler Technology Innovation Act of 1980. It expands the program's objectives to explicitly include increasing access to capital for innovation-based business ventures within geographic regions. The legislation also refines the definition of a venture development organization , clarifying its role in providing direct financing, accelerating research commercialization, and offering entrepreneurial support. Key provisions of the bill mandate that the Secretary of Commerce shall carry out regional innovation initiatives, subject to appropriations. It revises the federal cost-share for activities, allowing up to 50 percent plus an additional 40 percent based on regional needs. Furthermore, the bill directs the Secretary to conduct targeted outreach to encourage participation from public and private sector entities in rural communities communities negatively impacted by trade areas with persistent economic distress or those collaborating with local workforce boards. Finally, it authorizes an appropriation of $50,000,000 annually for fiscal years 2026 through 2030 to support these efforts.