HR 4656 · 108th Congress · Science, Technology, Communications
Nanomanufacturing Investment Act of 2004
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Environment, Technology, and Standards.(2004-06-25)
Plain Language Summary
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Nanomanufacturing Investment Act of 2004 - Directs the Secretary of Commerce to establish: (1) the Nanomanufacturing Investment Partnership, in partnership with private sector investors, if $250 million is made available for such purposes from the private sector within two years after this Act's enactment; and (2) an advisory board. Directs that: (1) the Partnership provide funding for precommercial nanomanufacturing research and development (but not for basic research) projects, through specified funding mechanisms in a manner that advances the commercialization of nanomanufacturing technologies to address critical scientific and engineering needs of national importance, especially regarding projects that would not be adequately funded or pursued by the private sector or pursuant to other law, and to increase the commercial application of federally supported research results; and (2) to the extent that a sufficient number of viable applications have been submitted, at least 85 percent of the funding provided by the Partnership be provided to startup companies. Authorizes the Partnership to provide funding through direct investment in nanomanufacturing firms, contracts, loans or lo…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (3)
3 Democrats