Dunno, I have mixed feelings about this sort of effort. It seems like a lot of window dressing, with PR motivation mostly. The companies move jobs offshore, and then they try to appease the local politicians with this show of benevolence.
If there are exciting jobs in fields we are interested in, then force-feeding "innovation studies" to kids isn't going to be necessary. The politicians should see to it that their tax policies not encourage companies to offshore design and manufacturing, and then no one would be throwing good money out after bad.
Replay available now: A handful of emerging network technologies are competing to be the preferred wide-area connection for the Internet of Things. All claim lower costs and power use than cellular but none have wide deployment yet. Listen in as proponents of leading contenders make their case to be the metro or national IoT network of the future. Rick Merritt, EE Times Silicon Valley Bureau Chief, moderators this discussion. Join in and ask his guests questions.