Biden’s American Jobs Plan Targets $180 Billion Investment in R&D

In his American Jobs Plan, President Biden is calling on Congress to invest $180 billion in R&D and the technologies of the future. Two of the initiatives in particular may impact upcoming funding opportunities for the college:

• In the initiative to advance U.S. leadership in critical technologies and upgrade America’s research infrastructure, President Biden is calling on Congress to invest $50 billion in the National Science Foundation (NSF), creating a technology directorate that will collaborate with and build on existing programs across the government.
• In the initiative to eliminate racial and gender inequities in R&D and STEM, President Biden is calling on Congress to make a $10 billion R&D investment in historically black colleges and universities (HBCUs) and other minority-serving institutions (MSIs). He also is calling on Congress to invest $15 billion in creating up to 200 centers of excellence that serve as research incubators at HBCUs and other MSIs to provide graduate fellowships and other opportunities for underserved populations, including through pre-college programs.

For more information, see FACT SHEET: The American Jobs Plan.