Sec. 2109. Academic technology transfer
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From amounts made available to the Directorate, the Director, in coordination with the Director of the National Institute of Standards and Technology and other Federal agencies as determined appropriate by the Director, shall make awards, on a competitive basis, to eligible entities to advance the development and commercialization of technologies, particularly those in the key technology focus areas. To be eligible to receive an award under this section, an entity shall be— an institution of higher education, which may be a community college; a nonprofit entity that is either affiliated with an institution of higher education or designed to support technology development or entrepreneurship; or a consortium that includes— an entity described in paragraph
(1)or
(2)as the lead award recipient; and one or more additional individuals or entities, which shall be— an economic development organization or similar entity that is focused primarily on improving science, technology, innovation, or entrepreneurship; an industry organization or firm in a relevant technology or innovation sector; an industry-experienced executive with entrepreneurship experience that is focused primarily on de-risking technologies from both a scientific and a business perspective; or an individual or entity with industry- and startup- experienced business expertise, including a mentor network, across relevant technology or innovation sectors. An eligible entity desiring an award under this section shall submit a proposal to the Director at such time, in such manner, and containing such information as the Director may require. The proposal shall include, at a minimum, a description of— the steps the applicant will take to enable technology transfer and to reduce the risks for commercialization for new technologies and why such steps are likely to be effective; how the applicant will encourage the training and participation of students and potential entrepreneurs and the transition of research results to practice, including the development of new businesses; as relevant, potential steps to drive economic growth in a particular region, by collaborating with industry, venture capital entities, nonprofit entities, and State and local governments within that region; and background information that the Director determines is relevant to demonstrate the success of the innovation and entrepreneurship support models proposed by the applicant to commercialize technologies. The Director, in coordination with the Director of the National Institute of Standards and Technology, shall make awards, on a competitive basis, to support eligible entities in building sustainable technology transfer capacity. An eligible entity that receives an award under this subsection shall use award funds to carry out one or more of the following: Identifying academic research with the potential for technology transfer and commercialization, particularly as relevant to the key technology focus areas. Providing training and support to scientists, engineers, and inventors on technology transfer, commercialization, and research protection. Offsetting the costs of patenting and licensing research products, both domestically and internationally. Revising 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. Ensuring the availability of staff, including technology transfer professionals, entrepreneurs in residence, and other mentors as required to accomplish the purpose of this subsection. Identifying and facilitating relationships among local and national business leaders, including investors, and potential entrepreneurs to encourage successful commercialization. Creating and funding competitions to allow entrepreneurial ideas to illustrate their commercialization potential, including through venture funds of institutions of higher education. Creating or supporting entities that could enable researchers to further develop new technology, through capital investment, advice, staff support, or other means. Building technology transfer capacity at institutions of higher education. In awarding funding under this subsection, the Director shall— award not more than $1,000,000 per fiscal year to an eligible entity; in determining the duration of funding, endeavor to ensure the creation of sustainable technology transfer practices at the eligible entity; and ensure that grants under this subsection shall not support the development or operation of capital investment funds. The Director shall make awards under this subsection to eligible entities to establish collaborative innovation resource centers that promote regional technology transfer and technology development activities available to more than one institution of higher education and to other entities in a region. In making awards under this subsection, the Director shall give priority to eligible entities that are consortia described in subsection (b)(3) and that have a cost share, which may include an in-kind cost share, from members of a consortium, at levels as required by the Director. An eligible entity that receives an award under this subsection shall use award funds to carry out one or more of the following activities, to the benefit of the region in which the center is located: Providing start-ups and small business concerns (as defined in section 3 of the Small Business Act ( 15 U.S.C. 632 )) within the region with access to facilities, scientific infrastructure, personnel, and other assets as required for technology maturation. Supporting entrepreneurial training for start-up and small business personnel. Providing engineering and entrepreneurial experiences and hands-on training for students enrolled in participating institutions of higher education. The Director shall establish— metrics related to commercialization for an award under this section; and a reporting schedule for recipients of such awards that takes into account both short- and long-term goals of the programs under this section. The Director shall ensure regional and geographic diversity in issuing awards under this section. The Director shall ensure that funds made available under this section shall be used to create additional support for technology transfer activities at eligible entities. For the duration of the awards, recipients shall be required to maintain funding for such activities at similar levels as the funding for those activities for the 2 fiscal years preceding the award.
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Sec. 2109
Academic technology transfer
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