,,ii #aadth ,,congress #b;d ,session ,s4 #bhhi ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,april #bh1 #bjaf ,mr4 ,coons 7for himself and ,mrs4 ,fischer7 introduced the following bill2 which was read twice and referred to the ,committee on ,health1 ,education1 ,labor1 and ,pensions ,a ,,bill ,to amend the ,national ,science ,foundation ,authorization ,act of #bjaj to authorize an ,innovation ,corps4 #a4 ,short title ,this ,act may be cited as the ,american ,innovators and ,entrepreneurs ,act 4 #b4 ,national ,science ,foundation's ,innovation ,corps ,the ,national ,science ,foundation ,authorization ,act of #bjaj 7,public ,law #aaa-ceh2 #abd ,stat4 #djje7 is amended by adding at the end the following3 #ebh4 ,innovation ,corps 7a7 ,finding ,congress finds the following3 7#a7 ,the ,national ,science ,foundation's ,innovation ,corps 7referred to in this section as the ,i-,corps7 was established by ,executive authority to foster a national innovation ecosystem by encouraging institutions1 scientists1 engineers1 and entrepreneurs to identify and explore the innovation and commercial potential of ,foundation-funded research well beyond the laboratory4 7#b7 ,the ,i-,corps includes investments in entrepreneurship and commercialization education1 training1 and mentoring1 ultimately leading to the practical deployment of technologies1 products1 processes1 and services that improve the ,nation's competitiveness1 promote economic growth1 and benefit society4 7#c7 ,by building networks of entrepreneurs1 educators1 mentors1 institutions1 and collaborations1 and supporting specialized education and training1 ,i-,corps is at the leading edge of a strong1 lasting foundation for an ,american innovation ecosystem4 7#d7 ,by translating federally funded research to a commercial stage more quickly and efficiently1 programs like the ,i-,corps create new jobs and companies1 help solve societal problems1 and provide taxpayers with a greater return on their investment in research4 7#e7 ,the ,i-,corps program model has a strong record of success that should be replicated at all ,federal research agencies4 7#f7 ,federal funding of ,nodes1 ,sites1 ,teams1 and leadership and control of curriculum by the ,national ,science ,foundation and other participating agencies are essential parts of the ,i-,corps program4 7#g7 ,the success of the ,i-,corps program requires opportunities for both on-line and in-person access to the ,i-,corps curriculum4 7b7 ,definitions ,in this section3 7#a7 ,node ,the term ,node means a center for entrepreneurial education that-- 7,a7 supports regional and national needs for innovation education1 infrastructure1 and research2 and 7,b7 serves as a location for delivery of the ,i-,corps curriculum4 7#b7 ,site ,the term ,site means a center for entrepreneurial education that supports local and regional needs for innovation education1 infrastructure1 and research4 7#c7 ,team ,the term ,team means a group of #c or more people receiving ,i-,corps funding that includes-- 7,a7 at least one undergraduate student1 graduate student1 or postdoctoral fellow2 7,b7 at least one professor or research scientist2 and 7,c7 at least one person experienced in commercialization or business1 to act as a mentor to the ,team4 7c7 ,authorization of ,i-,corps 7#a7 ,in general ,the ,director shall-- 7,a7 carry out an ,i-,corps program to award grants for entrepreneurship and commercialization education to science and engineering researchers and students and institutions of higher education to increase the economic and social impact of federally funded research2 and 7,b7 develop and provide access through ,nodes1 ,sites1 and ,teams to ,i-,corps program curriculum by supporting entrepreneurship and commercialization education and training for faculty1 students1 postdoctoral fellows1 and other science and engineering researchers4 7#b7 ,grant purpose ,grants awarded under this section shall increase the capacity of science and engineering researchers and students to successfully engage in entrepreneurial activities and to help transition the results of federally funded research into the marketplace by-- 7,a7 identifying science and engineering research that can lead to the practical deployment of technologies1 products1 processes1 and services that improve the ,nation's economic competitiveness2 7,b7 bringing science and engineering researchers and students together with entrepreneurs1 venture capitalists1 and other industry representatives experienced in commercialization of new technologies2 7,c7 supporting entrepreneurship and commercialization education and training for faculty1 students1 postdoctoral fellows1 and other science and engineering researchers2 and 7,d7 promoting the development of regional and national networks of innovation that include entrepreneurs1 venture capitalists1 and other industry representatives who can serve as mentors to researchers and students at ,foundation-funded institutions across the ,united ,states4 7#c7 ,additional uses of grant funds ,a researcher1 student1 or institution awarded a grant under this section may use the grant funds to support-- 7,a7 prototype and proof-of-concept development for funded projects2 and 7,b7 additional activities needed to build local1 regional1 and national infrastructure for science and engineering entrepreneurship4 7#d7 ,collaboration with small business innovation research and small business technology transfer programs ,the ,director may work in collaboration with the ,administrator of the ,small ,business ,administration and the heads of ,federal agencies that participate in the ,small ,business ,innovation ,research ,program and the ,small ,business ,technology ,transfer ,program under section #i of the ,small ,business ,act 7#ae ,u4,s4,c4 #fch7 to provide entrepreneurship and commercialization education to science and engineering researchers and students and institutions of higher education through the ,i-,corps program4 7#e7 ,other federal agencies 7,a7 ,in general ,the ,director may establish agreements with other ,federal agencies-- 7i7 that fund scientific research to make researchers1 students1 and institutions funded by those agencies eligible to participate in the ,i-,corps program2 or 7ii7 to assist such agencies with the design and implementation of their own program that is similar to the ,i-,corps program4 7,b7 ,partnership funding ,each ,federal agency entering into an agreement with the ,director1 as described in subparagraph 7,a71 may 7depending on the agreement negotiated7 be responsible for funding-- 7i7 the training of researchers and students they select to go through the ,i-,corps program2 and 7ii7 the ,nodes and ,sites the agency designates as regional and national infrastructure for science and engineering entrepreneurship4 7d7 ,i-,corps curriculum committee ,the ,director1 or the ,director's designee1 shall chair a curriculum committee-- 7#a7 consisting of program officers from ,federal agencies described in paragraphs 7#d7 and 7#e7 of subsection 7c71 ,i-,corps program instructors1 researchers educated by the ,i-,corps program1 and industry and academic representatives2 and 7#b7 that shall generate and update ,i-,corps program curriculum and course material across subject areas and maintain the integrity of the curriculum4 7e7 ,team selection ,team selection shall be managed by relevant program officers at the ,federal agency funding the ,team4 7f7 ,reporting ,the ,director shall submit a biennial report on ,i-,corps program efficacy to the ,committee on ,commerce1 ,science1 and ,transportation of the ,senate and the ,committee on ,science1 ,space1 and ,technology of the ,house of ,representatives4 ,such report shall include metrics on the effectiveness of the program and demographic information of ,teams being educated by the program4 ,each ,federal agency participating in the ,i-,corps program shall contribute to each such report4 7g7 ,state and local partnerships ,the ,director may engage in partnerships with ,state and local governments1 economic development organizations1 and nonprofit organizations to provide access to ,nodes1 ,sites1 and the ,i-,corps program curriculum to support entrepreneurship and commercialization education and training for faculty1 students1 postdoctoral fellows1 and other science and engineering professionals as described under this section4 7h7 ,authorization of appropriations ,there are authorized to be appropriated to the ,foundation to carry out this section-- 7#a7 #ce1jjj1jjj for fiscal year #bjag2 7#b7 #dj1jjj1jjj for fiscal year #bjah2 and 7#c7 #de1jjj1jjj for each of fiscal years #bjai and #bjbj4 4 #c4 ,increase and streamline recovery of unclaimed assets owed to the ,united ,states ,section #cgaa of title #ca1 ,united ,states ,code1 is amended by adding at the end the following3 7j7 7#a7 ,the ,secretary of the ,treasury 7referred to in this subsection as the 8,secretary07 may locate and recover assets of the ,united ,states ,government on behalf of any executive1 judicial1 or legislative agency in accordance with such procedures as the ,secretary considers appropriate4 7#b7 ,notwithstanding any other provision of law concerning the depositing or collection of ,federal payments1 including section #ccjb7;b71 the ,secretary may retain a portion of the amounts recovered under this subsection to cover the administrative and operational costs of the ,secretary associated with locating and recovering assets of the ,united ,states ,government4 4