(a)
Program authorized
(1)
Purpose
The purpose of this section is to coordinate the programs of the Federal Government in the areas of research, education, and training in international business and trade competitiveness.
(2)
In general
The Secretary is authorized to make grants to institutions of higher education, or consortia of such institutions, to pay the Federal share of the cost of planning, establishing and operating centers for international business education which—
(A)
will be national resources for the teaching of improved business techniques, strategies, and methodologies which emphasize the international context in which business is transacted;
(B)
will provide instruction in critical foreign languages and international fields needed to provide understanding of the cultures and customs of United States trading partners; and
(C)
will provide research and training in the international aspects of trade, commerce, and other fields of study.
(3)
Special rule
In addition to providing training to students enrolled in the institution of higher education in which a center is located, such centers shall serve as regional resources to businesses proximately located by offering programs and providing research designed to meet the international training needs of such businesses. Such centers shall also serve other faculty, students, and institutions of higher education located within their region.
(b)
Authorized expenditures
Each grant made under this section may be used to pay the Federal share of the cost of planning, establishing or operating a center, including the cost of—
(1)
faculty and staff travel in foreign areas, regions, or countries;
(2)
teaching and research materials;
(3)
curriculum planning and development;
(4)
bringing visiting scholars and faculty to the center to teach or to conduct research; and
(5)
training and improvement of the staff, for the purpose of, and subject to such conditions as the Secretary finds necessary for, carrying out the objectives of this section.
(d)
Advisory council
(1)
Establishment
In order to be eligible for assistance under this section, an institution of higher education, or consortium of such institutions, shall establish a center advisory council which will conduct extensive planning prior to the establishment of a center concerning the scope of the center’s activities and the design of its programs.
(2)
Membership on advisory council
The center advisory council shall include—
(A)
one representative of an administrative department or office of the institution of higher education;
(B)
one faculty representative of the business or management school or department of such institution;
(C)
one faculty representative of the international studies or foreign language school or department of such institution;
(D)
one faculty representative of another professional school or department of such institution, as appropriate;
(E)
one or more representatives of local or regional businesses or firms;
(F)
one representative appointed by the Governor of the State in which the institution of higher education is located whose normal responsibilities include official oversight or involvement in State-sponsored trade-related activities or programs; and
(G)
such other individuals as the institution of higher education deems appropriate, such as a representative of a community college in the region served by the center.
(3)
Meetings
In addition to the initial planning activities required under subsection (d)(1) of this section, the center advisory council shall meet not less than once each year after the establishment of the center to assess and advise on the programs and activities conducted by the center.
(e)
Grant duration; Federal share
(1)
Duration of grants
The Secretary shall make grants under this section for a minimum of 3 years unless the Secretary determines that the provision of grants of shorter duration is necessary to carry out the objectives of this section.
(2)
Federal share
The Federal share of the cost of planning, establishing and operating centers under this section shall be—
(A)
not more than 90 percent for the first year in which Federal funds are received;
(B)
not more than 70 percent for the second such year; and
(C)
not more than 50 percent for the third such year and for each such year thereafter.
(3)
Non-Federal share
The non-Federal share of the cost of planning, establishing, and operating centers under this section may be provided either in cash or in-kind.
(4)
Waiver of non-Federal share
In the case of an institution of higher education receiving a grant under this part and conducting outreach or consortia activities with another institution of higher education in accordance with subsection (c)(2)(E) of this section, the Secretary may waive a portion of the requirements for the non-Federal share required in paragraph (2) equal to the amount provided by the institution of higher education receiving such grant to such other institution of higher education for carrying out such outreach or consortia activities. Any such waiver shall be subject to such terms and conditions as the Secretary deems necessary for carrying out the purposes of this section.