Innovate America Act

[AI summary unavailable — showing source text] Innovate America Act - Directs the Secretary of Education, in coordination with the Director of the National Science Foundation (NSF), to award grants, on a competitive basis, to state educational agencies to establish or expand the number of science, technology, engineering, and mathematics, including computer science (STEM) secondary schools in the United States from approximately 100 to approximately 200. Requires the Secretary, in coordination with the NSF Director, to: develop a database identifying existing STEM secondary schools, and study how to improve retention rates of students in STEM programs at institutions of higher education. Directs the President to ensure that at least 15% of all federal funds available each fiscal year for undergraduate research opportunities at 2-year and 4-year degree granting institutions of higher education are used to fund research opportunities for postsecondary students. Requires the NSF Director to administer a Technology Commercialization Awards Pilot Program through which promising technology advances derived from NSF research grants shall be eligible for funding. Amends the National Science Foundation Authorization Act of 2002 to exten…