Projects to improve the teaching of international business and support linkages between institutions of higher education and the business community engaged in international commerce.
Howard Community College's International Business and Education Center developed a one-stop shopping International Trade Assistance Center (ITAC) which promotes economic development in Howard County and the State of Maryland with Title VI funding.
ITAC provides services to businesses in all phases of exporting.
Furthermore, ITAC has partnered with several public entities, including Maryland's International Division, World Trade Center Institute and Howard County's Economic Development Authority and others.
These partnerships enable ITAC to serve businesses and promote their capacity to sell its goods and services outside the United States.
Moreover, the International Business and Educational Center (IBEC) has launched major initiatives to internationalize both credit and non-credit courses at Howard Community College.
These initiatives include international faculty exchanges.
The first-hand experience enables faculty to enrich both the curriculum and the student awareness of international business issues.
Purdue University's School of Agriculture trained twenty undergraduate students in agribusiness, Russian language and area studies.
The students studied Russian language, area studies, agriculture and business practices in both Indiana and Novgorod, Russia.
Each student collected and compiled market research for Indiana businesses and were involved in several trade workshops in Indiana to increase the capacity of Indiana agribusiness to conduct trade activities in Russia.
The Department of Education ensures equal access to education and promotes educational excellence through coordination, management and accountability in Federal education programs. The Department works to supplement and complement educational efforts on all levels, encouraging increased involvement by the public, parents and students.
Twenty-three new grants and 26 continuation grants are expected to be awarded in FY 2008.
Uses and Use Restrictions
Institutions eligible for discretionary grant funding must enter into an agreement with a business enterprise, trade organization or association engaged in international economic activity, or a combination or consortium of the named entities.
Eligible activities include but are not limited to: Improving the business and international education curriculum of institutions to serve the needs of the business community, including the development of new programs for mid-career or part-time students; Developing programs to inform the public of increasing international economic interdependence and the role of U. S. businesses within the international economic system; Internationalizing curricula at the junior and community college level and at undergraduate and graduate schools of business; Developing area studies and interdisciplinary international programs; Establishing export education programs; Conducting research and developing specialized teaching materials appropriate to business-oriented students; Establishing student and faculty fellowships and internships or other training or research opportunities; Creating opportunities for business and professional faculty to strengthen international skills; Developing research programs on issues of common interest to IHEs and private sector organizations and associations engaged in or promoting international economic activity; Establishing internships overseas to enable foreign language students to develop their foreign language skills and knowledge of foreign cultures and societies; Establishing links overseas with IHEs and organizations that contribute to the education objectives of this program; and Establishing summer institutes in international business, foreign areas, and other international studies designed to carry out the purposes of this program.
This program is subject to non-supplanting requirements and must use a restricted indirect cost rate which is referenced under 34 CFR 76.563.
For assistance call the Office of the Chief Financial Officer/Indirect Cost Group on (202) 708-7770.