Rep. Lujan's Amendment To Encourage High Tech Business Growth Advances In Subcommittee
Press Release
Rep. Lujan's Amendment To Encourage High Tech Business Growth Advances In Subcommittee
Today, the House Committee on Science and Technology's Energy and Environment Subcommittee held a markup on several programs including the ARPA-E Reauthorization Act of 2010.
During the debate over the ARPA-E Reauthorization Act of 2010, Rep. Lujan offered an amendment, which was accepted by the Subcommittee. Rep. Lujan's amendment would increase funding for tech transfer programs, which will help encourage high-tech business growth and economic development.
"It's time to start encouraging high-tech business growth and economic development through programs like ARPA-E," said Technology and Innovation Subcommittee Vice Chair Ben Ray Luján (D-NM). "My amendment doubles funding for technology transfer programs -- empowering businesses to grow the technology developed in our national laboratories and universities for commercial application. Creating the jobs of the future requires investment in innovative research and technology, and since our national laboratories and universities are leading in these fields, it only makes sense to team up and help businesses create new jobs through technology transfer."
According to the Committee, the ARPA-E Reauthorization Act of 2010 makes additions, including: that the Director should seek opportunities to partner with purchasing and procurement programs of federal agencies to demonstrate energy technologies developed through ARPA-E; and that the director is explicitly authorized to participate in or host events that further the objectives of ARPA-E, like the summit that happened in early March. The bill also authorizes the Director to carry out a Fellowship program within ARPA-E to act as an internal "think-tank" in setting the strategic vision of ARPA-E and in carrying out the program.
For more information on the markup and the legislation, visit the Committee on Science and Technology.
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