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Grants for Universities: Workforce Development, Research, and Entrepreneurship

This new act establishes a grant program for land-grant colleges and universities to boost workforce development, research, and entrepreneurship. It aims to create new job opportunities, enhance skills, and support local businesses, potentially improving economic conditions in communities.
Key points
Land-grant universities will receive funds for training programs to help unemployed and underemployed individuals gain new skills.
Support for research in fields like artificial intelligence, cybersecurity, and advanced technologies, potentially leading to innovation and new career paths.
Programs fostering local entrepreneurship and small business growth, especially in underrepresented communities, which could revitalize local economies.
Universities must secure matching private sector funding, encouraging collaboration with businesses.
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Additional Information
Print number: 117_S_4730
Sponsor: Sen. Hickenlooper, John W. [D-CO]
Process start date: 2022-08-02