SSTI Digest

The latest reporting and analysis on breakthroughs in technology-based economic development research and issues that matter most to you. To receive the SSTI Weekly Digest via email, sign up here.

State budgets addressing TBED initiatives; review of ID, ME, WA

January 12, 2017

As governors around the country are releasing their proposed budgets, SSTI is examining the proposals for TBED initiatives and will be presenting the findings here. This week Idaho, Maine and Washington are reviewed. Check back in the coming weeks for updates.

Act now to protect funding!

January 12, 2017

SSTI encourages its member organizations to sign onto a letter to Congress organized by NDD United, a broad coalition advocating for parity under sequestration for non-defense discretionary (NDD) funding and defense funding. The current leadership in Congress has made clear its priority to increase defense department spending at the expense of nondefense domestic spending, which includes programs under the EDA, SBA, NIST, NIH, NSF, the Department of Education, and more.

Slew of innovation bills introduced, pass US House

January 12, 2017

The U. S. House of Representatives wasted no time at the start of the new Congress, passing seven bills Tuesday that had been approved by the chamber in a previous session but had not received consideration in the Senate. Four of these bills with particular relevance to the innovation community are the HALOS Act, TALENT Act, Leveraging Emerging Technologies Act of 2017  and Promoting Women in Entrepreneurship Act.

NSF announces $8M in new funding for I-Corps Nodes

January 12, 2017

The National Science Foundation (NSF) released a solicitation committing up to $8 million to support between one and seven Innovation Corps (I-Corps) Nodes. The nodes are part of I-Corps’ National Innovation Network that builds upon fundamental research with the goal of dramatically reducing the period of time necessary to bring a promising idea from its inception to widespread implementation.

SSTI’s Dan Berglund speaking at ITIF event: Getting More Bang for America’s R&D Buck

January 05, 2017

The Information Technology & Innovation Foundation (ITIF) and the Brookings Institution recently proposed 50 ideas to bolster American innovation and technology transfer. Join SSTI’s president and CEO, Dan Berglund, at an ITIF and Brookings Institution event on January 11 from 10-11:30 a.m. in Washington, DC, to discuss how the incoming administration and Congress can make these improvements.

Playbook provides workforce development guidelines

January 05, 2017

Across the U.S. people are working to build a more talented, skilled workforce, but often those efforts happen in isolation, separated from larger economic development efforts without engaging community and business leaders. A recently released playbook from the Aspen Institute and Futureworks, Communities That Work Partnership Playbook, aims to change a siloed approach and explores seven regional efforts to develop the local workforce for different industries and occupations. The playbook highlights key takeaways and is intended to provide guidance to others developing talent pipelines. SSTI also talked with individuals in Milwaukee and Kansas City about their regional efforts to develop the talent pipeline.

NY proposes free college tuition; KY launches new program

January 05, 2017

Two states are looking to make college more affordable through state programs aimed at decreasing or eliminating tuition costs. The New York legislature will decide the fate of a new proposal for free tuition at its state universities for middle income earners there, while in Kentucky students may be eligible for financial aid through the Work Ready Kentucky Scholarship Program.

White House: Benefits, inevitability of AI may outweigh potential risks

January 05, 2017

Artificial intelligence and automation technologies have the potential to alter millions of jobs, yet the positive benefits associated with increased productivity are worth pursuing, according to a December 2016 White House report.

New manufacturing hubs awarded in NY, NH

January 05, 2017

Two new hubs have been announced in the Manufacturing USA network, one focusing on sustainable manufacturing innovation and the other on tissue biofabrication, bringing the total network of institutes to 13 since its inception four years ago.

SBA launches 2017 InnovateHER business challenge

January 05, 2017

The U.S. Small Business Administration (SBA) launched the 2017 InnovateHER: Innovating for Women Business Challenge – a cross-cutting prize competition to unearth innovative products and services that help impact and empower the lives of women and families.

VC capital 2016 review, 2017 outlook

January 05, 2017

After a down year for both the number of venture capital (VC) deals and the total dollars invested in U.S.-based startups, analysts remain split on whether 2017 will be a continuation of the downward trend or a rebound year. Those bullish on the market point toward strong fundraising totals in 2015-2016 and a likely uptick in the number of initial public offering (IPO) market. Whereas, those bearish on the VC market are concerned about a congested industry.

Top Stories from 2016 and a Preview of 2017

December 20, 2016

This week, we take a look at the top SSTI Weekly Digest stories from 2016 and give you an idea of what to look for in the coming months.