Sec. 249. Study and report on lab-embedded entrepreneurial fellowship program
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The Under Secretary of Defense for Research and Engineering, in consultation with the Director of the Advanced Manufacturing Office of the Department of Energy, shall conduct a study on the feasibility and potential benefits of establishing a lab-embedded entrepreneurial fellowship program. The study under subsection
(a)shall include, with respect to a lab-embedded entrepreneurial fellowship program, the following: An estimate of administrative and programmatic costs and materials, including appropriate levels of living stipends and health insurance to attract a competitive pool of applicants. An assessment of capacity for entrepreneurial fellows to use laboratory facilities and equipment. An assessment of the benefits for participants in the program through access to mentorship, education, and networking and exposure to leaders from academia, industry, government, and finance. Assessment of the benefits for the Department of Defense science and technology activities through partnerships and exchanges with program fellows. An estimate of the economic benefits created by the implementation of this program, based in part on similar entrepreneurial programs. In conducting the study under subsection (a), the Under Secretary of Defense for Research and Engineering shall consult with the following, as necessary: The Director of the Defense Advanced Research Projects Agency. The Director of Research for each military service. Relevant research facilities, including the Department of Energy National Laboratories (as defined in section 2 of the Energy Policy Act of 2005 ( 42 U.S.C. 15801 )). Not later than 180 days after the date of the enactment of this Act, the Under Secretary of Defense for Research and Engineering shall submit to the designated recipients a report on the results of the study conducted under subsection (a). At minimum, the report shall include an explanation of the results of the study with respect to each element set forth in subsection (b). The Under Secretary of Defense for Research and Engineering may use or add to any existing reports completed by the Department in order to meet the reporting requirement under paragraph (1). The report under paragraph
(1)shall be submitted in unclassified form, but may include a classified annex. In this section: The term designated recipients means the following: The Committee on Armed Services, the Committee on Science, Space, and Technology, and the Committee on Appropriations of the House of Representatives. The Committee on Armed Services, the Committee on Energy and Natural Resources, and the Committee on Appropriations of the Senate. The Secretary of Defense. The Secretary of Energy. The term lab-embedded entrepreneurial fellowship program means a competitive, two-year program in which participants (to be known as fellows ) are selected from a pool of applicants to work in a Federal research facility where the fellows will conduct research, development, and demonstration activities, commercialize technology, and train to be entrepreneurs.
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Sec. 249
Study and report on lab-embedded entrepreneurial fellowship program
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