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University Centers for Economic Growth: Job Creation and Business Support

This Act establishes University Centers in every state to boost local economic development. These centers will collaborate with businesses and institutions, providing technical assistance, business development services, and technology transfer. The goal is to create high-skilled jobs, develop regional talent pools, and support innovation clusters, potentially leading to greater employment opportunities and economic stability in your area.
Key points
At least one University Center will be established in every State to support the local economy.
Centers will offer technical assistance, business development services, and technology transfer to businesses to accelerate innovation and expansion.
Priority for establishing centers is given to Historically Black Colleges and Universities (HBCU), Tribal Colleges, and Minority-Serving Institutions (MSI).
Centers will receive between $500,000 and $1,000,000 annually to fund their operations and regional development strategies.
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Additional Information
Print number: 118_S_3169
Sponsor: Sen. Padilla, Alex [D-CA]
Process start date: 2023-10-31
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Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

University Centers for Growth, Development, and Prosperity Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_3169.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2023-10-31.

What are the main provisions?

Key points include:

  • At least one University Center will be established in every State to support the local economy.
  • Centers will offer technical assistance, business development services, and technology transfer to businesses to accelerate innovation and expansion.
  • Priority for establishing centers is given to Historically Black Colleges and Universities (HBCU), Tribal Colleges, and Minority-Serving Institutions (MSI).
  • Centers will receive between $500,000 and $1,000,000 annually to fund their operations and regional development strategies.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Padilla, Alex [D-CA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

CATEGORIES

Economy Education Public Investments