Will create a federal program to support 'innovation clusters' – regional centers of innovation and next-generation industries. This innovation clusters program will provide $200 million in planning and matching grants for regional business, government and university leaders to collaborate on leveraging a region's existing assets – from transportation infrastructure to universities – to enhance long-term regional growth. Planning grants will be used to help seed local discussions about developing innovation clusters, and matching grants will help assist states with a variety of activities needed to build successful innovation clusters, including building research parks, workforce attraction efforts, supporting regional transportation projects tied to developing clusters, and bolstering local job training. (Editor's note: We've read this a bunch of times and still aren't sure what he means, but we're including it while we try to decipher it.)
Support regional innovation clusters
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