ERC meaning in Governmental ?

Engineering Research Centers (ERC) are university-led institutions developed through the National Science Foundation (NSF) Directorate of Engineering. While ERCs are initially funded by the NSF, they are expected to be self-sustaining within 10 years of being founded. The Engineering Research Centers program was originally developed in 1984 with the mission of removing disparity between academic and industrial engineering applications. In this way, engineering students would, theoretically, be better prepared to enter the engineering workforce. As a result, the United States would gain a competitive advantage over other countries. There have been three generations of Engineering Research Centers. Each of these generations has been specifically designed to meet the dynamic engineering demands of the United States. Due to the limited amount of funding available for ERCs, the program is competitive; out of 143 proposals submitted in 2008, only 5 were awarded centers. Commercialization of academic research is one of the primary goals of NSF ERCs.