Support urged for Nevada Knowledge Fund

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Updated: 2/22/2013 3:20 pm

CARSON CITY, Nev. (AP) — Educators, researchers, students and labor groups are urging lawmakers to support pumping more money into Nevada's Knowledge Fund, an account designed to generate jobs and innovation.

SB172 is sponsored by Democratic Sen. Debbie Smith of Sparks. It seeks to double, to $20 million, the amount of money Gov. Brian Sandoval's budget puts in the account.

The fund would be used to help researchers at Nevada institutions take their innovations from the laboratories and classrooms to commercialization.

At the same time, backers say it would take the state's economic development efforts to new heights by encouraging science and technology.

No action on the bill was taken Friday by the Senate Finance Committee.

 

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