August 6, 2010 Leave a comment
The U.S. Senate Committee on Commerce, Science, & Transportation has reauthorized the America COMPETES Act of 2010, which, “is a critical link in maintaining U.S. dominance in innovation and R&D funding,” Brian Darmody, Association of University Research Parks (AURP) President told Newswise. While the bill did not reach final passage in the Senate before the August recess, it does have “meaningful private sector support, with the Chamber of Commerce and Business Roundtable each throwing their weight behind the measure,” according to The Hill.
“Research parks and regional innovation clusters, which are so important to job creation and growth, are also included in the legislation,” according to Newswise. The Act will also bolster STEM (science, technology, engineering, and mathematics) education by providing for increased research funding for the National Science Foundation and the National Institute of Standards and Technology and funding of grants at the high school, undergraduate, and graduate levels.
Posted by: Monica Schager
Sources: Newswise, The Hill, The Committee on Commerce, Science, & Transportation