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University Centers for Economic Growth: New Investments and Job Creation

This act establishes a network of university centers in each state to support regional economic development. Their goal is to create new jobs, develop workforce skills, and assist businesses in expansion, potentially leading to better career prospects and financial stability for citizens.
Key points
At least one university center will be established in each state to support the local economy.
These centers will help businesses grow, offer workforce training, and support the creation of new jobs.
Priority in establishing centers will be given to historically minority-serving institutions, potentially promoting equal opportunities.
Each center can receive between $500,000 and $1,000,000 annually for its operations.
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Additional Information
Print number: 117_HR_7572
Sponsor: Rep. Aguilar, Pete [D-CA-31]
Process start date: 2022-04-26