Page:United States Statutes at Large Volume 124.djvu/4052

 124 STAT. 4026 PUBLIC LAW 111–358—JAN. 4, 2011 assists with the training of students participating in a field- based course. (5) DIRECTOR.—The term ‘‘Director’’ means the Director of the National Science Foundation. SEC. 556. AUTHORIZATION OF APPROPRIATIONS. There are authorized to be appropriated to the Director to carry out this subtitle $10,000,000 for each of fiscal years 2011 through 2013. TITLE VI—INNOVATION SEC. 601. OFFICE OF INNOVATION AND ENTREPRENEURSHIP. The Stevenson-Wydler Technology Innovation Act of 1980 (15 U.S.C. 3701 et seq.), as amended by section 106 of this Act, is amended by adding at the end the following: ‘‘SEC. 25. OFFICE OF INNOVATION AND ENTREPRENEURSHIP. ‘‘(a) IN GENERAL.—The Secretary shall establish an Office of Innovation and Entrepreneurship to foster innovation and the commercialization of new technologies, products, processes, and services with the goal of promoting productivity and economic growth in the United States. ‘‘(b) DUTIES.—The Office of Innovation and Entrepreneurship shall be responsible for— ‘‘(1) developing policies to accelerate innovation and advance the commercialization of research and development, including federally funded research and development; ‘‘(2) identifying existing barriers to innovation and commer- cialization, including access to capital and other resources, and ways to overcome those barriers, particularly in States partici- pating in the Experimental Program to Stimulate Competitive Research; ‘‘(3) providing access to relevant data, research, and tech- nical assistance on innovation and commercialization; ‘‘(4) strengthening collaboration on and coordination of poli- cies relating to innovation and commercialization, including those focused on the needs of small businesses and rural communities, within the Department of Commerce, between the Department of Commerce and other Federal agencies, and between the Department of Commerce and appropriate State government agencies and institutions, as appropriate; and ‘‘(5) any other duties as determined by the Secretary. ‘‘(c) ADVISORY COMMITTEE.—The Secretary shall establish an Advisory Council on Innovation and Entrepreneurship to provide advice to the Secretary on carrying out subsection (b).’’. SEC. 602. FEDERAL LOAN GUARANTEES FOR INNOVATIVE TECH- NOLOGIES IN MANUFACTURING. The Stevenson-Wydler Technology Innovation Act of 1980 (15 U.S.C. 3701 et seq.), as amended by section 601, is further amended by adding at the end the following: ‘‘SEC. 26. FEDERAL LOAN GUARANTEES FOR INNOVATIVE TECH- NOLOGIES IN MANUFACTURING. ‘‘(a) ESTABLISHMENT.—The Secretary shall establish a program to provide loan guarantees for obligations to small- or medium- 15 USC 3721. Establishment. 15 USC 3720. 20 USC 9906.