Status of innovation fund?


Contributed by: David Garver (dgarver@NSF.GOV)
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"By September 1994, OMB should develop a proposal to establish a
government- wide innovation fund - including draft legislation, if
needed."

This sounds like a great idea. What is the status of this proposal?
Is OMB or GITS working on it (or is it already in place and funded)?
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