American Competitiveness Initiative

President George W. Bush participates in a Panel on the American Competitiveness Initiative at Cisco Systems, Inc in San Jose, California, Friday, April 21, 2006.

The American Competitiveness Initiative (ACI) is a federal assistance program intended to help America maintain its competitiveness through investment in research and development (R&D) and education. The ACI’s focus is on programs that are likely to strengthen U.S. competitiveness by targeting funding to agencies that support research in the physical sciences. NASA, however, is not included in the ACI.

The ACI was announced in President George W. Bush’s State of the Union Address given on January 31, 2006.[1] The Initiative commits $5.9 billion ($1.3 billion in new Federal funding, and an additional $4.6 billion in R&D tax incentives) in FY 2007 to increase investments in R&D, strengthen education, and encourage entrepreneurship. Over ten years, the Initiative plans to commit $50 billion to increase funding for research and $86 billion for R&D tax incentives.[2]

In partnership with the private sector, state and local governments, and colleges and universities, the ACI hopes to promote new levels of educational achievement and economic productivity.

The ACI was signed into law in 2007 and has since been replaced by the America COMPETES Act. The cutoff date for grants appropriated and funded by this bill was December 31, 2008.[3]

Focus Areas

Goals

Capabilities

The ACI hopes to improve America’s capabilities in numerous mathematical and scientific fields. Some of these include:

Education

The ACI proposes $380 million in new Federal funds to invest in the Nation’s education system.

Competitiveness Grants Program

Career Advancement Accounts (CAA)

References

  1. http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=2006_presidential_documents&docid=pd06fe06_txt-11.pdf
  2. 1 2 http://www.eda.gov/PDF/EDAUpdate_0206.html
  3. http://www.nsf.gov/attachments/108276/public/ACI.pdf
  4. http://nasawatch.com/archives/2006/04/american-competitiveness-initiative-no-room-for-nasa.html
  5. 1 2 http://georgewbush-whitehouse.archives.gov/stateoftheunion/2006/aci/

External links

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