• Current through October 23, 2012

(a) The Task Force shall conduct a detailed assessment of the emerging knowledge and technology cluster in the District of Columbia through the following:

(1) A review of national best practices to develop and attract knowledge-based and technology-based companies;

(2) Creation of a plan to promote the development of research-driven and innovative firms in the District; and

(3) Creation of a way to market and identify the District as a center for creativity and innovation, capitalizing on established institutions such as museums, think tanks, universities, and media and communication industries.

(b) The Task Force shall explore means to increase economic activity within the District through knowledge-based activities, including technology commercialization, by encouraging the following:

(1) Development of the technology infrastructure such as fiber optics cable and research and incubator space needed by knowledge-based and technology-based companies;

(2) The transfer and commercialization of university research;

(3) Partnerships between businesses and universities to market university products and attract government and private investment for these products;

(4) Creation of an entrepreneurial environment for new businesses to take advantage of emerging knowledge-based and technology development opportunities, especially in underserved communities and disadvantaged populations;

(5) Relocation of businesses to the District to take advantage of these initiatives;

(6) Investment by venture capital firms in emerging knowledge-based and technology-based companies in the District; and

(7) Collaboration by universities, public schools, and small businesses to:

(A) Define the jobs that may be created through innovation-led and technology development initiatives and the skills that will be needed for these jobs;

(B) Integrate opportunities for students and employees to work across disciplines to obtain the skills necessary for enhanced job performance; and

(C) Help individuals without technical skills to participate in on-the-job training, in conjunction with public schools and local universities.

(Mar. 2, 2007, D.C. Law 16-190, § 3, 53 DCR 6791.)

HISTORICAL AND STATUTORY NOTES

Legislative History of Laws

For Law 16-190, see notes following § 2-1221.31.