The President's fiscal year (FY) 2014 budget proposes $928.3 million for the National Institute of Standards and Technology (NIST), an increase of $177.5 million from FY 2012 enacted levels. The budget prioritizes NIST research in advanced manufacturing and crucial cybersecurity initiatives.
"The FY 2014 budget increases will allow NIST to address high-priority scientific and technical issues that are critical to U.S. economic competitiveness and innovative capacity," said Under Secretary of Commerce for Standards and Technology and NIST Director Patrick Gallagher. "NIST collaborative research in fields like manufacturing, cybersecurity and forensics will spur new technology, standards and product development in the private sector and grow the economy."
The proposed NIST budget includes $127 million in new research funding, $25 million for new regional centers to help small and midsized manufacturers adopt innovative technologies more quickly and $21.4 million for new public-private consortia to prioritize research needs.
Full details of the FY 2014 budget request for NIST are found in the April 10, 2013, NIST news announcement, "President's FY 2014 Budget Request for NIST Supports Research in Advanced Manufacturing, Cybersecurity."