Sec. 11. Planning and capacity building grants

451 words·~2 min read·/bill/117/hr/2225/rh/section-11

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Section 602 of the American Innovation and Competitiveness Act ( 42 U.S.C. 1862s–9 ) is amended— by redesignating subsection

(e)as subsection (f); and by inserting after subsection (d), the following: Under the program established in section 508 of the America COMPETES Reauthorization Act of 2010 ( 42 U.S.C. 1862p–2 ) and the activities authorized under this section, the Director shall award grants to eligible entities for planning and capacity building at institutions of higher education. In this subsection, the term eligible entity means an institution of higher education (or a consortium of such institutions) that, according to the data published by the National Center for Science and Engineering Statistics, is not, on average, among the top 100 institutions in Federal R&D expenditures during the 3 year period prior to the year of the award. In addition to activities listed under subsection (c), an eligible entity receiving a grant under this subsection may use funds to— ensure the availability of staff, including technology transfer professionals, entrepreneurs in residence, and other mentors as required to accomplish the purpose of this subsection; revise institution policies, including policies related to intellectual property and faculty entrepreneurship, and taking other necessary steps to implement relevant best practices for academic technology transfer; develop new local and regional partnerships among institutions of higher education and between institutions of higher education and private sector entities and other relevant organizations with the purpose of building networks, expertise, and other capacity to identify promising research that may have potential market value and enable researchers to pursue further development and transfer of their ideas into possible commercial or other use; develop seminars, courses, and other educational opportunities for students, post-doctoral researchers, faculty, and other relevant staff at institutions of higher education to increase awareness and understanding of entrepreneurship, patenting, business planning, and other areas relevant to technology transfer, and connect students and researchers to relevant resources, including mentors in the private sector; and create and fund competitions to allow entrepreneurial students and faculty to illustrate the commercialization potential of their ideas. Grants awarded under this subsection shall be at least 3 years in duration and $500,000 in total amount. An eligible entity seeking funding under this subsection shall submit an application to the Director of the Foundation at such time, in such manner, and containing such information and assurances as such Director may require. The application shall include, at a minimum, a description of how the eligible entity submitting an application plans to sustain the proposed activities beyond the duration of the grant. From within funds authorized under section 9, there are authorized to carry out the activities under this subsection $40 million for each of fiscal years 2022 through 2026. .

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42 USC 1862s–9
42 USC 1862p–2

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Sec. 11

Planning and capacity building grants

Cite42 USC 1862s–9

Cite42 USC 1862p–2

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