National Higher Education and Economic Development Act of 1985

[AI summary unavailable — showing source text] National Higher Education and Economic Development Act of 1985 - Allows an eligible institution (as defined under specified provisions of the Higher Education Act of 1965) or consortium of institutions to apply for assistance under this Act to support one or more of the following: (1) planning and research (including applied research) to solve local economic development problems and to compliment local initiatives to promote growth and improve productivity; (2) resource exchange to encourage the exchange of faculty, government, and business experts to support economic development; and (3) special projects for economic or national economic development issues, are innovative in approach, and hold promise of application beyond the area served. Includes among such special projects which may be supported: (1) applying technology research to manufacturing aspects of mature industries in a region or State; (2) designing and developing university-based technical assistance centers to provide an integrated program of education, research, and technology transfer to business and industry; (3) projects to support entrepreneurship training and technical assistance; and (4) projects to develop n…