PRIA, Government Policy, Made Personal

Summary

The Director of the Foundation must keep giving grants, chosen by competition and expert review, to help turn federally funded research into real-world products and services. Congress says that moving research to the marketplace can help society and the economy, and that nonprofit groups often help by giving business and technical advice. Grants may fund five types of work: finding promising Foundation-funded technologies, helping past or current Foundation researchers and their colleges or nonprofit partners do proof-of-concept work and build prototypes, creating lasting partnerships between universities and industry, building multidisciplinary innovation networks, and offering training and mentoring in entrepreneurship and project and business development. Eligible applicants include colleges and universities, public or nonprofit technology-transfer organizations, nonprofits that partner with a college or university, and consortia of 2 or more of these groups. Any eligible group may apply as lead and must submit an application 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