§1862s–9 — Title 42 The Public Health and Welfare | U.S. Code

Summary

Congress says turning federally funded research into products can help people and the economy, and that nonprofits help by giving business and technical support. The Director of the Foundation must keep awarding grants, chosen by competition and quality review, to groups that work to move federally funded research toward practical use. Grants can pay for things like finding research with market potential; helping current or past Foundation researchers, colleges, and partner nonprofits do proof-of-concept work and build prototypes; creating lasting partnerships among funded institutions, industry, and others to speed tech transfer; building multi-discipline innovation networks; and giving training and mentoring in entrepreneurship, project management, and business development. Eligible applicants include colleges and universities, public or nonprofit technology-transfer organizations, nonprofits that partner with a college, and consortia of two or more of these. Any eligible group may apply as the lead and must send an application to the Director when, how, and with the information the Director requires.

Title 42, §1862s–9

The Public Health and Welfare — Source: USLM XML via OLRC

(a)It is the sense of Congress that—

(1)commercialization of federally funded research may benefit society and the economy; and

(2)not-for-profit organizations support the commercialization of federally funded research by providing useful business and technical expertise to researchers.

(b)The Director of the Foundation shall continue to award grants on a competitive, merit-reviewed basis to eligible entities to promote the commercialization of federally funded research results.

(c)Activities supported by grants under this section may include—

(1)identifying Foundation-sponsored research and technologies that have the potential for accelerated commercialization;

(2)supporting prior or current Foundation-sponsored investigators, institutions of higher education, and non-profit organizations that partner with an institution of higher education in undertaking proof-of-concept work, including development of prototypes of technologies that are derived from Foundation-sponsored research and have potential market value;

(3)promoting sustainable partnerships between Foundation-funded institutions, industry, and other organizations within academia and the private sector with the purpose of accelerating the transfer of technology;

(4)developing multi-disciplinary innovation ecosystems which involve and are responsive to specific needs of academia and industry; and

(5)providing professional development, mentoring, and advice in entrepreneurship, project management, and technology and business development to innovators.

(d)(1)The following organizations may be eligible for grants under this section:

(A)Institutions of higher education.

(B)Public or nonprofit technology transfer organizations.

(C)A nonprofit organization that partners with an institution of higher education.

(D)A consortia of 2 or more of the organizations described under subparagraphs (A) through (C).

(2)Any eligible organization under paragraph (1) may apply as a lead organization.

(e)An eligible entity seeking a grant under this section shall submit an application to the Director at such time, in such manner, and containing such information as the Director may require.

Notes & Related Subsidiaries

Editorial Notes

Codification Section was enacted as part of the American Innovation and Competitiveness Act, and not as part of the National Science Foundation Act of 1950 which comprises this chapter.

Statutory Notes and Related Subsidiaries

Definitions For definitions of terms used in this section, see section 2 of Pub. L. 114–329, set out as a note under section 1862s of this title.

§1862s–9 Translational research grants

Summary

Title 42, §1862s–9

Notes & Related Subsidiaries

Editorial Notes

Statutory Notes and Related Subsidiaries

Citations & Metadata