Information about Federal Stimulus and Tech-Based Economic Development at EngenuitySC.org
Submitted by: John Warner on Feb 25, 2009 at 8:46 am
Tagged with: Economic Development, Innovation, Research
Source: EngenuitySC
The American Recovery and Reinvestment Act (ARRA) signed into law by President Obama earlier this week has a number of provisions that will directly affect the tech-based economic development (TBED) community. Highlights include:
* significant new funding for energy research,
* support to increase access to broadband,
* funding for health information technology,
* major appropriations for R&D-funding agencies HHS, NASA, NIST, and NSF,
* a new program for communities affected adversely by trade that could serve as a new resource to develop and implement TBED strategies,
* expansion of the New Markets Tax Credit and the Community Development Financial Institutions Fund programs,
* workforce training funds for high-growth and emerging industries, and
* a fiscal stabilization fund for the states that will take some pressure off increasingly dire state budgets.
See details at EngenuitySC.org.
| Organizations | EngenuitySC |
|---|---|
| Source | EngenuitySC |
| Submitter | John Warner |
| Tags | Economic Development, Innovation, Research |
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