EDA is seeking applications from eligible applicants to create and implement innovative science, technology, engineering and mathematics (STEM) apprenticeship models that complement their respective region’s innovation economy. The STEM Talent Challenge is authorized under Section 28 of the Stevenson-Wydler Technology Innovation Act of 1980 (15 U.S.C. § 3723).
The STEM Talent Challenge seeks to develop or expand regional workforce capacity to support high-growth, high-wage entrepreneurial ventures, industries of the future (which usually includes industries that leverage emerging technologies), and other innovation driven businesses that have a high likelihood of accelerating economic competitiveness and job creation in their respective regions and in the United States.
The STEM Talent Challenge is designed to help communities with two activities – planning and development, and program implementation. A total of $2 million has been appropriated for this program and EDA invites applications that maximize impacts across both activities within this program, though planning and development activities are optional.