(D) a plan to build or improve areas that 
attract and support workers and firms; 
(E) a plan to foster racial equity and inclu-
sive growth, including by leveraging minority 
serving institutions, preventing gentrification, 
combatting segregation, promoting the inclusion 
of underrepresented residents, and ensuring af-
fordable housing options; 
(F) a plan to invest the financial resources 
of the applicant; 
(G) a plan to partner with local workforce 
development boards to scale up training to meet 
new workforce demands; 
(H) a plan to incorporate and bring 
growth and opportunity to a broad geographic 
area beyond the limits of the metropolitan sta-
tistical area, including rural areas, through im-
proved transportation, high speed internet ac-
cess, other investments, and partnerships; and 
(I) the relative potential for the selection 
of the innovation center to reverse a decline, or 
accelerate growth, in innovation sector jobs. 
(4) GEOGRAPHIC DIVERSITY.—In selecting in-
novation centers under this section, the Committee 
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shall ensure a broad geographic representation of 
the United States. 
(5) SITE VISITS.—The Committee may conduct 
site visits to eligible areas that are finalists for selec-
tion as an innovation center. 
(6) TIMELINE
FOR
SELECTION.—The Com-
mittee shall, by secret ballot, vote to select the 9 in-
novation centers not later than 12 months after the 
date of enactment of this Act. 
(7) EVALUATION AND RENEWAL.— 
(A) IN GENERAL.—Not later than 1 year 
after the date of enactment of this Act, the 
Committee shall establish evaluation and re-
newal criteria to measure— 
(i) the progress of an innovation cen-
ter toward becoming a center for tech-
nology innovation; 
(ii) the effectiveness of an innovation 
center in translating innovation sector 
growth into broadly shared economic op-
portunity within the innovation center; and 
(iii) the ethical and efficient use of 
Federal funds. 
(B) REPORT TO CONGRESS.—Beginning in 
the third full year following the date of enact-
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ment of this Act, and not less frequently than 
once every 3 years thereafter, the Committee 
shall submit to Congress and each agency rep-
resented on the Committee, and make publicly 
available, a report on the progress of each inno-
vation center in meeting the objectives de-
scribed in paragraph (3). 
(C) EVALUATION.— 
(i) IN
GENERAL.—During the third 
year in which an innovation center is in ex-
istence, the Committee shall conduct an 
evaluation based on established bench-
marks for achieving the objectives de-
scribed in paragraph (3) to determine 
whether the designation as an innovation 
center shall be renewed for 3 additional 
years. 
(ii) 
FAILURE
TO
MEET
BENCH-
MARKS.—An innovation center that fails to 
meet a majority of the benchmarks estab-
lished under clause (i) shall not be renewed 
as an innovation center. 
(D) RENEWAL LIMIT.—An innovation cen-
ter shall be designated as such for a period of 
3 years, and the Committee may renew the des-
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ignation for not more than 2 additional 3-year 
terms. 
(f) FINAL REPORT.—Not later than 1 year after the 
date on which all innovation centers have exhausted their 
designations and renewals as an innovation center, the 
Committee shall submit to Congress and each agency rep-
resented on the Committee, and make publicly available, 
a final cumulative report on the efficacy of the program. 
(g) AUTHORIZATION OF APPROPRIATIONS.—There is 
authorized to be appropriated to the Committee for travel 
and administrative expenses related to carrying out the 
duties of the Committee— 
(1) $5,000,000 for each of the first 2 fiscal 
years beginning after the date of enactment of this 
Act; and 
(2) $1,000,000 for each of the 8 fiscal years 
following the 2 fiscal years described in paragraph 
(1). 
SEC. 4. FEDERAL INNOVATION SUPPORTS. 
(a) IN GENERAL.—An innovation center shall be eli-
gible for the Federal innovation supports described in this 
section. 
(b) DIRECT FEDERAL INVESTMENT.— 
(1) NATIONAL
SCIENCE
FOUNDATION
RE-
SEARCH FUNDING.— 
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(A) FUNDING GOAL.—The Director of the 
National Science Foundation shall pursue a 
goal of awarding through a rigorous selection 
process, for each innovation center that gets its 
designation renewed continually for 3 terms, a 
total of $1,250,000,000 in grant funds to enti-
ties located in that innovation center by the end 
of the 9th year of the designation of that inno-
vation center, by proportionally increasing the 
total amount of the grants awarded over the 9- 
year period. 
(B) ADDITIONAL
FUNDING.—In addition 
to awarding grants in pursuit of the goal de-
scribed in subparagraph (A), the Director shall 
award grants— 
(i) with a focus on universities or 
other research institutions that commit to 
expanding research and workforce capabili-
ties aligned with industries and tech-
nologies and with a preference for univer-
sities or institutions that are— 
(I) concentrated in an innovation 
center; or 
(II) key to national challenges; or 
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(ii) that include industry-university 
research partnership programs. 
(C) TRACKING.—In each year, the Direc-
tor of the National Science Foundation shall 
track the aggregate amount of grants awarded 
by the Director to entities in that year, 
disaggregated by innovation center. 
(D) AUTHORIZATION OF ADDITIONAL AP-
PROPRIATIONS.—There are authorized to be ap-
propriated to carry out this paragraph, in addi-
tion to amounts that would otherwise be appro-
priated in a year for the National Science 
Foundation, amounts as follows: 
(i) For fiscal year 2022, $0. 
(ii) 
For 
fiscal 
year 
2023, 
$1,110,000,000. 
(iii) 
For 
fiscal 
year 
2024, 
$2,220,000,000. 
(iv) 
For 
fiscal 
year 
2025, 
$3,330,000,000. 
(v) 
For 
fiscal 
year 
2026, 
$4,440,000,000. 
(vi) 
For 
fiscal 
year 
2027, 
$5,550,000,000. 
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(vii) 
For 
fiscal 
year 
2028, 
$6,660,000,000. 
(viii) 
For 
fiscal 
year 
2029, 
$7,770,000,000. 
(ix) 
For 
fiscal 
year 
2030, 
$8,880,000,000. 
(x) 
For 
fiscal 
year 
2031, 
$9,990,000,000. 
(2) NATIONAL
SCIENCE
FOUNDATION
GRAD-
UATE
RESEARCH
FELLOWSHIPS
AND
UNDER-
GRADUATE RESEARCH PROGRAMS.— 
(A) EXPANSION.—The Director of the Na-
tional Science Foundation shall expand grad-
uate research fellowships and programs focused 
on undergraduate research opportunities, in-
cluding— 
(i) research experiences for under-
graduates; 
(ii) advanced technological education 
programs; 
(iii) historically Black colleges and 
universities undergraduate programs; and 
(iv) Hispanic-serving institutions. 
(B) ALLOCATION.—The amounts expended 
by the Director to carry out subparagraph (A), 
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35 percent of such amounts shall be expended 
for the expansion of graduate research fellow-
ships and undergraduate research opportunities 
in innovation centers. 
(C) 
AUTHORIZATION
OF
APPROPRIA-
TIONS.—There are authorized to be appro-
priated to carry out this paragraph amounts as 
follows: 
(i) In fiscal year 2023, $57,000,000. 
(ii) In fiscal year 2024, $114,000,000. 
(iii) 
In 
fiscal 
year 
2025, 
$171,000,000. 
(iv) 
In 
fiscal 
year 
2026, 
$228,000,000. 
(v) In fiscal year 2027, $285,000,000. 
(vi) 
In 
fiscal 
year 
2028, 
$342,000,000. 
(vii) 
In 
fiscal 
year 
2029, 
$399,000,000. 
(viii) 
In 
fiscal 
year 
2030, 
$456,000,000. 
(ix) 
In 
fiscal 
year 
2031, 
$513,000,000. 
(3) NATIONAL
SCIENCE
FOUNDATION
INDUS-
TRY-UNIVERSITY COOPERATIVE RESEARCH CENTERS 
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PROGRAM.—The Director of the National Science 
Foundation shall consider the location of a univer-
sity within an innovation center to be a strength for 
purposes of selection criteria under the Industry- 
University Cooperative Research Centers program. 
(4) 
SMALL
BUSINESS
INNOVATION
RE-
SEARCH.—Section 9(j) of the Small Business Act 
(15 U.S.C. 638(j)) is amended by adding at the end 
the following: 
‘‘(5) MODIFICATIONS
RELATING
TO
INNOVA-
TION CENTERS.— 
‘‘(A) DEFINITION.—In this paragraph, the 
term ‘innovation center’ has the meaning given 
the term in section 2 of the Innovation Centers 
Acceleration Act. 
‘‘(B) REQUIREMENT.—Not later than 6 
months after the date of enactment of the Inno-
vation Centers Acceleration Act, the Adminis-
trator shall modify the policy directives issued 
pursuant to this subsection— 
‘‘(i) to provide that, during the 10- 
year period beginning on the date of enact-
ment of the Innovation Centers Accelera-
tion Act, the location of a small business 
concern within an innovation center shall 
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be considered a strength under the selec-
tion criteria for Phase I and Phase II pro-
posals under the SBIR program of a Fed-
eral agency; and 
‘‘(ii) to require the Administrator to 
track and publish on an annual basis the 
total value of SBIR awards made to small 
business concerns located in innovation 
centers.’’. 
(5) MANUFACTURING USA PROGRAM.— 
(A) DEFINITIONS.—In this paragraph: 
(i) MANUFACTURING USA PROGRAM.— 
The term ‘‘Manufacturing USA Program’’ 
means the program established under sec-
tion 34(b) of the National Institute of 
Standards and Technology Act (15 U.S.C. 
278s(b)). 
(ii) 
MANUFACTURING
USA
INSTI-
TUTE.—The term ‘‘Manufacturing USA 
institute’’ means an institute described in 
section 34(d) of the National Institute of 
Standards and Technology Act (15 U.S.C. 
278s(d)). 
(B) EXPANSION.—Under section 34(e) of 
the National Institute of Standards and Tech-
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nology Act (15 U.S.C. 278s(e)), the Secretary 
shall award financial assistance to assist in the 
establishment and support of— 
(i) 9 new Manufacturing USA insti-
tutes; or 
(ii) a combination of satellites to ex-
isting Manufacturing USA institutes or 
new Manufacturing USA institutes. 
(C) SELECTION.— 
(i) 
IN
GENERAL.—Manufacturing 
USA institutes and satellites shall be iden-
tified and funded under subparagraph (B) 
from among proposals submitted to the 
Secretary for purposes of this paragraph. 
(ii) PROPOSAL ELEMENTS.—Any pro-
posal submitted to the Secretary in accord-
ance with clause (i) shall include— 
(I) a plan for the institute or sat-
ellite concerned to support or other-
wise align with existing Manufac-
turing 
USA 
institutes, 
including 
through— 
(aa) membership in, or part-
nership or formal affiliation with, 
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an existing Manufacturing USA 
institute; or 
(bb) a plan to reach a seg-
ment, population, or geographic 
area not already covered by or 
engaged with existing Manufac-
turing USA institutes; and 
(II) a plan for cost-sharing for 
the activities of the institute or sat-
ellite concerned, including the sources 
of funds and amounts to be contrib-
uted. 
(iii) SELECTION
OF
SATELLITES.— 
Any selection of a satellite to an existing 
Manufacturing USA institute under this 
subparagraph shall be made by the Sec-
retary in consultation with exiting Manu-
facturing USA institutes. 
(iv) PRIORITY RELATING TO INNOVA-
TION CENTERS.—In identifying and fund-
ing a new Manufacturing USA institute or 
a combination of satellites to existing or 
new Manufacturing USA institutes under 
subparagraph (B), the Secretary shall give 
priority to proposals for identification and 
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