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A new, successor program was enacted called the NIST Technology Innovation Program. The Technology Innovation Program (TIP) was established for the purpose of assisting U.S. businesses and institutions of higher education or other organizations, such as national laboratories and nonprofit research institutes, to support, promote, and accelerate innovation in the United States through high-risk, high-reward research in areas of critical national need.
TIP is aimed at speeding the development of new research targeted to address specific national problems.<ref>{{cite news|url=http://www.egovmonitor.com/node/18614 |title=A Billion Here, A Billion There: How the Census Bureau Has Bungled the 2010 US Census |last=Castro |first=Daniel |date=2008-05-06 |work=eGov Monitor |accessdate=2008-05-12 |deadurl=yes |archiveurl=https://web.archive.org/web/20080517162805/http://www.egovmonitor.com/node/18614 |archivedate=2008-05-17 }}</ref><!--not a perfect source -- need to find a more neutral one later...--> Funding is provided to industry (small and medium-sized businesses), universities, and consortia for research on new technologies for solving critical national problems that present high technical risks, with commensurate high rewards if successful. The primary mechanism for this support are cost-shared research grants, cooperative agreements, or contracts awarded on the basis of merit competitions.
===Features===
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