Sec. 6009. Regional innovation program
1,421 words·~6 min read·
/bill/116/s/1790/es/section-6009A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 27 of the Stevenson-Wydler Technology Innovation Act of 1980 ( 15 U.S.C. 3722 ) is amended to read as follows: In this section: The term eligible recipient means— a State; an Indian tribe; a city or other political subdivision of a State; an entity that is a nonprofit organization, an institution of higher education, a public-private partnership, a science or research park, a Federal laboratory, a venture development organization, or an economic development organization or similar entity that is focused primarily on improving science, technology, innovation, or entrepreneurship; or a consortium of any of the entities described in subparagraphs
(A)through (D). The term regional innovation initiative means a geographically-bounded public or nonprofit activity or program to address issues in the local innovation systems in order to— increase the success of innovation-driven industry; strengthen the competitiveness of industry through new product innovation and new technology adoption; improve the pace of market readiness and overall commercialization of innovative research; enhance the overall innovation capacity and long-term resilience of the region; and leverage the region’s unique competitive strengths to stimulate innovation and to create jobs. The term State means one of the several States of the United States, the District of Columbia, the Commonwealth of Puerto Rico, the United States Virgin Islands, Guam, American Samoa, the Commonwealth of the Northern Mariana Islands, or any other territory or possession of the United States. The term venture development organization means a State or nonprofit organization that contributes to regional or sector-based economic prosperity by providing services for the purposes of— accelerating the commercialization of research; strengthening the competitive position of industry through the development, commercial adoption, or deployment of technology; and providing financial grants, loans, or direct financial investment to commercialize technology. The Secretary shall establish a regional innovation program to encourage and support the development of regional innovation strategies designed to increase innovation-driven economic opportunity within their respective regions. As part of the program established pursuant to subsection (b), the Secretary may award grants, on a competitive basis, to eligible recipients for activities designed to develop and support a regional innovation initiative. A grant awarded under this subsection shall be used for multiple activities determined appropriate by the Secretary, including— improving the connectedness and strategic orientation of the region through planning, technical assistance, and communication among participants of a regional innovation initiative; attracting additional participants to a regional innovation initiative; increasing the availability and investment of private and philanthropic financing that supports innovation-based business ventures; completing the research, development and introduction of new products, processes, and services into the commercial market; increasing the number of full-time equivalent employment opportunities within innovation-based business ventures in the geographic region; and achieving quantifiable, positive benefits to, or measurable enhancements for, the economic performance of the geographic region. Grants awarded under this subsection may not be used to pay for— costs related to the recruitment, inducement, or associated financial or tangible incentives that might be offered to relocate an existing business from a geographic area to another geographic area; or costs associated with offsetting revenues forgone by one or more taxing authorities through tax incentives, tax increment financing, special improvement districts, tax abatements for private development within designated zones or geographic areas, or other reduction in revenues resulting from tax credits affecting the geographic region of the eligible recipients. An eligible recipient shall submit an application to the Secretary at such time, in such manner, and containing such information and assurances as the Secretary may require. Each application submitted under subparagraph
(A)shall— describe the regional innovation initiative; indicate whether the regional innovation initiative is supported by the private sector, State and local governments, and other relevant stakeholders; identify what activities the regional innovation initiative will undertake; describe the expected outcomes of the regional innovation initiative and how the eligible recipient will measure progress toward those outcomes; indicate whether the participants in the regional innovation initiative have access to, or contribute to, a well-trained workforce and other innovation assets that are critical to the successful outcomes specified in the application; indicate whether the participants in the regional innovation initiative are capable of attracting additional funds from non-Federal sources; and if appropriate for the activities proposed in the application, analyze the likelihood that the participants in the regional innovation initiative will be able to sustain activities after grant funds received under this subsection have been expended. The Secretary shall provide feedback to program applicants that are not awarded grants to help them improve future applications. The Secretary shall give special consideration to— applications proposing to include workforce or training related activities in their regional innovation initiative from eligible recipients who agree to collaborate with local workforce investment area boards; and applications from regions that contain communities negatively impacted by trade. The Secretary may not provide more than 50 percent of the total cost of any activity funded under this subsection. The Secretary shall conduct outreach to public and private sector entities in rural communities to encourage those entities to participate in regional innovation initiatives under this subsection. As part of the program established pursuant to subsection (b), the Secretary, through the Economic Development Administration, shall submit an annual report to Congress that explains the balance in the allocation of grants to eligible recipients under this subsection between rural and urban areas. The Secretary may accept funds from other Federal agencies to support grants and activities under this subsection. As part of the program established pursuant to subsection (b), the Secretary shall establish a regional innovation research and information program— to gather, analyze, and disseminate information on best practices for regional innovation initiatives, including information relating to how innovation, productivity, and economic development can be maximized through such strategies; to provide technical assistance, including through the development of technical assistance guides, for the development and implementation of regional innovation initiatives; to support the development of relevant metrics and measurement standards to evaluate regional innovation initiatives, including the extent to which such strategies stimulate innovation, productivity, and economic development; and to collect and make available data on regional innovation initiatives in the United States, including data on— the size, specialization, and competitiveness of regional innovation initiatives; the regional domestic product contribution, total jobs and earnings by key occupations, establishment size, nature of specialization, patents, Federal research and development spending, and other relevant information for regional innovation initiatives; and supply chain product and service flows within and between regional innovation initiatives. The Secretary may award research grants on a competitive basis to support and further the goals of the program established under this section. Data and analysis compiled by the Secretary under the program established in this subsection shall be made available to other Federal agencies, State and local governments, and nonprofit and for-profit entities. The Secretary shall incorporate data and analysis relating to any grant awarded under subsection
(c)into the program established under this subsection. To the maximum extent practicable, the Secretary shall ensure that the activities carried out under this section are coordinated with, and do not duplicate the efforts of, other programs at the Department of Commerce or at other Federal agencies. The Secretary shall explore and pursue collaboration with other Federal agencies, including through multi-agency funding opportunities, on regional innovation strategies. The Secretary shall ensure that such collaboration with Federal agencies prioritizes the needs and challenges of small businesses. Not later than 5 years after Congress first appropriates funds to carry out this section, the Secretary shall competitively award a contract with an independent entity to conduct an evaluation of programs established under this section. The evaluation conducted under paragraph
(1)shall include— an assessment of whether the program is achieving its goals; the program’s efficacy in providing awards to geographically diverse entities; any recommendations for how the program may be improved; and a recommendation as to whether the program should be continued or terminated. Not later than 5 years after the first grant is awarded under subsection (c), and every 5 years thereafter until 5 years after the last grant recipient completes the regional innovation initiative for which such grant was awarded, the Secretary shall submit a report to Congress that describes the outcome of each regional innovation initiative that was completed during the previous 5 years. From amounts appropriated by Congress for economic development assistance authorized under section 27 of the Stevenson-Wydler Technology Innovation Act of 1980 ( 15 U.S.C. 3722 ), the Secretary may use up to $50,000,000 in each of the fiscal years 2020 through 2024 to carry out this section. .
Connectionstraces to 1
Traces to 1 document
U.S. Code
Citation graph
cites case law
Sec. 6009
Regional innovation program
Cites 1Cited by 0 across 0 sources