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Develop and Grow Innovative Businesses and Industries
Provide $100M annuallyin innovation grants to small and medium sized enterprises to procure universityresearch and development services through qualified regional innovation centers.
Fundgrants up to $50K per company in first round, up to $100K in 2nd round, and $250K in3rd round.5.
Strengthen Innovation Networks in Underperforming Regions
Add an economicimpact requirement to new science and technology innovation funding (i.e. AmericaCompetes Act, Clean Energy, DOD, etc.) which particularly encourages universitygrantees to partner with economically challenged regions to grow new or strengthenexisting industry clusters.
Consider modeling this requirement after the NationalScience Foundation “broader impacts” criterion.
Qualifying regions would
meet the criteria for underperformingeconomic areas set by the Office of Management and Budget (OMB) – or otherappropriate Federal agency - as determined by published standards applied to CensusBureau data. The criteria for qualifying regions would include micropolitan statisticalareas (to be defined) and underperforming parts of metropolitan regions.
Federal program funding for RITHs will provide incentives for partnershipsand development of networks to link innovation centers with research university campuses,federal laboratories, and private research and development facilities in more established centersof innovation. The cooperative funding model links a federal funding stream to state and local jurisdiction funding as well as to private sector matching contributions.
The National Association of State Universities and Land-Grant Colleges’Commission on Innovation, Competitiveness, and Economic Prosperity (CICEP) and Council onEngagement and Outreach (CEO) believe that this “Collaboration to Strengthen InnovationCapacity in Economically Underperforming Regions” proposal aligns with key initiativessupported by CICEP and CEO, including: the Innovation Competitiveness and EconomicProsperity Toolkit, the Science and Math Teacher Imperative, and the Transformative RegionalEngagement Roundtable.In addition, CICEP and CEO believe that this “Collaboration to Strengthen Innovation Capacityin Economically Underperforming Regions” policy proposal is consistent with many strategicpolicy directions put forward by President-Elect Obama, including:1.
Supporting Regional Innovation Clusters in Metropolitan Regions2.
Creating a National Network of Public-Private Business Incubators3.
Investing in the Manufacturing Sector and Creating Five Million New Green Jobs4.
Doubling the Research Budgets of Key Science Agencies5.
Actively Encouraging Multidisciplinary Research and Education6.
Inspiring Americans to Excel in, and Embrace, Science and Engineering7.
Leveraging National Efforts and Encouraging State Collaboration to ImproveImplementation8.
Expanding and Improving STEM Education in Community Colleges9.
Expanding America’s Research Workforce10.
Doubling Funding for the Manufacturing Extension Partnership