Research for Competitiveness Act - Requires the Director of the National Science Foundation to carry out a program of awarding competitive grants to scientists and engineers at the early stage of their careers at institutions of higher education and research institutions to conduct, high-risk, high-return research in areas relevant to industry.
Directs the Under Secretary for Science of the Department of Energy to carry out a program of awarding competitive grants to scientists and engineers at the early stage of their careers at institutions of higher education and research institutions to conduct high-risk, high-return research in areas relevant to energy production, storage, and use.