• Learn More about Funding Opportunities for Regional Innovation Initiatives

    SSTI recently hosted a webinar with EDA and JPMorgan Chase featuring information for past, present and future applicants of EDA's Regional Innovation Strategies program and the Small Business Forward initiative. Full recording available.
  • Oklahoma City Selected to Host SSTI 2015 Annual Conference

    SSTI is proud to announce that Oklahoma City has been selected to host the 2015 Annual Conference, October 26-28, 2015, at the Cox Convention Center.
  • Access the SSTI Webinar Library

    SSTI’s monthly webinar series, Inspiring Thought, is an affordable way to stay on top of new ideas in encouraging economic growth. Miss a webinar? No problem. Past webinars are now available for purchase.

The Changing Nature of U.S. Basic Research: Trends in Funding Sources

May 28, 2015

The first installment of SSTI’s series on basic research discussed the changing nature of federal research and development spending, namely that basic research as a share of federal spending on R&D has increased over time while making up a relatively small proportion of total spending compared to development and applied research. Furthermore, U.S. spending on research and development has failed to keep up as a share of total spending.

EDA Announces $5M in Science and Research Park Development Grants

May 28, 2015

This week, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced approximately $5 million in total funding for the 12 recipients of the 2014 Science and Research Park Development Grants, used for feasibility and planning for the construction or renovation of science or research parks.

Angels Moved Toward Later Stage Businesses in 2014

May 28, 2015

In 2014, 25 percent of all angel investments supported seed and startup stage businesses, down from 45 percent in 2013, according to the year-end report by the University of New Hampshire's Center for Venture Research. Angels, however, remain a key group in early stage financing, participating in 46 percent of all early stage deals. Angels invested $24.1 billion in 2014, down 2.6 percent from the previous year, though both the number of investors and the number of angel capital recipients had modest increases.

Budget Update: NE, TN Budgets Fund New Efforts to Boost K-12 STEM

May 28, 2015

Over the past few months, SSTI has followed proposals issued by governors in their budget requests, State of the State Addresses, Inaugural Speeches and other events. Now that many state legislatures have begun approving budgets, the SSTI Digest will check on the status of these proposals, and examine the state of technology-based economic development funding in the states. This week, we review actions in Tennesse and Nebraska.

NSF InfoBrief: Federal R&D Obligations Dropped by 9 Percent in FY13

May 28, 2015

Funding obligated by federal agencies for research and development (R&D) and R&D plant (facilities and fixed equipment) dropped from $141 billion to $127 billion (9 percent decrease) in current dollars from FY12 to FY13, according to a new National Science Foundation (NSF) InfoBrief. NSF researchers found that federal funding for research dropped by 4 percent; support for development efforts dropped by 14 percent; and, R&D plant funds were reduced by 11 percent.

Five Canadian Provinces Adopt Equity Crowdfunding Exemptions

May 28, 2015

The Canadian Securities Administrators (CSA) announced that securities regulators in five Canadian Provinces have agreed to CSA Notice 45-316 – a common set of rules that will allow startups to raise up to $500,000 CD (approximately $401,600 USD) per year from unaccredited investors via authorized Canadian-based funding portals.

The Changing Nature of U.S. Basic Research: Trends in Federal Spending

May 21, 2015

Innovation in the United States, once a hallmark of economic success, finds itself resting on an increasingly weak foundation, according to an article in The New York Times.  The author, Eduardo Porter, suggests that two trends – increased international competition and a stagnant R&D-to-GDP ratio – pose key challenges for the U.S. First, government funding for basic research continues to fall and is politically vulnerable.