For three decades, the SSTI Digest has been the source for news, insights, and analysis about technology-based economic development. We bring together stories on federal and state policy, funding opportunities, program models, and research that matter to people working to strengthen regional innovation economies.

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OSTP report sets the stage for nationwide biotech innovation

A new report compiled by The White House Office of Science and Technology Policy (OSTP) outlines a whole-of-government approach to biotechnology and making it a national priority. The report lays out bold goals over two decades for biotech R&D, calling for an increase in agricultural productivity by 28% in the next decade and reducing food waste and loss by 50% by 2030.

SSTI members support innovation programs on the Hill

The SSTI Innovation Advocacy Council continues to work toward additional appropriations for Regional Technology and Innovation Hubs, Build to Scale, and the Federal and State Technology (FAST) Partnership. This week, the Council facilitated meetings with SSTI members and congressional offices to discuss funding priorities. SSTI also released a letter signed by 70 national and regional entities that support fully-funding the Tech Hubs program.

During the meetings, offices across the Hill expressed support for the SSTI Innovation Advocacy Council’s priority programs. However, staff do not yet have sufficient clarity about the FY 2024 budget levels or process to know how this support may translate into actual funding.

Is the future of work a four-day workweek?

The idea of changing the 40 hour workweek standard has been floated for decades, and more frequently discussed in recent years as companies confront pandemic-related stress, burnout and the “Great Resignation.” But, even as some smaller U.S. companies (mostly in tech) have moved toward offering a shorter workweek, the idea has not become mainstream, despite some states’ best efforts.

SSTI outlines ideas for planning, design of EDA Tech Hubs

Expanding U.S. innovation capacity sits at the heart of SSTI’s mission, and it was that driving force that guided our response to the Economic Development Administration’s request for information to inform the planning and design of the regional Technology and Innovation Hub (Tech Hubs) program last week. With $10 billion authorized for the program, and $500 million appropriated, the opportunity for growth in the nation demands a thoughtful and actionable plan. SSTI argues that where the country is now has been decades in the making; therefore, a deliberate, well-considered plan providing ample opportunity for regions to both comment on proposed program guidelines and develop local partnerships is needed. In short, EDA should resist the temptation to get the money out the door as fast as possible.

Commentary: When hope is all you have left in dealing with climate change

The press release for the latest report from the Intergovernmental Panel on Climate Change (IPCC) opens in what has become a tradition for environmental reporting: a dire statistic intended to inspire a desire for action. This time, it’s that average global greenhouse gas emissions for the 2010-2019 decade were the highest levels in human history. The strategy has worked on the world’s young people and the small handful of people out of 100 who vote for and contribute to environmental change each year (less than 4% of American charitable giving went to environmental/animal welfare organizations in 2021). Unfortunately, these crowds are both powerless and too small.

ARPA-H releases details on site selection and first BAA

The Advanced Research Projects for Health (ARPA-H) released plans to establish hub sites in three locations across the United States and announced their strategy for site selection. With one site to be located in the National Capital Region (NCR), ARPA-H will issue a draft Request for Consortium Agreement (RCA) to solicit recommendations for the second and third hub sites.  The ARPA-H hub sites are planned to support a network of partners, or spokes, that will form the foundation of a nationwide health network to “accelerate better health outcomes for everyone.”

White House proposes robust innovation funding for FY 2024 and beyond

The White House released the President’s Budget for FY 2024 today, and the administration is making a strong statement of support for science, technology, innovation and entrepreneurship. Highlights from the request include more than $4 billion for the Economic Development Administration (EDA) Regional Technology and Innovation Hubs, $300 million for the National Science Foundation (NSF) Regional Innovation Engines, $277 million for the National Institute of Standards and Technology (NIST) Manufacturing Extension Partnership, and a total of $30 million for the three primary Small Business Administration (SBA) innovation programs. Congress is not likely to adopt the president’s budget as-is, but the proposal may factor into the negotiations throughout the appropriations process. More information on the president’s budget is available below.

Who is winning the global technological competition?

Western democracies are losing the race for scientific and research breakthroughs, and the ability to retain global talent, integral ingredients in developing technologies, according to a recent report from the Australian Strategic Policy Institute (ASPI). In the project funded by the U.S. State Department’s Global Engagement Center and a grant from The Special Competitive Studies Project, ASPI says that their research reveals that “China has built the foundations to position itself as the world’s leading science and technology superpower, by establishing a sometimes stunning lead in high-impact research across the majority of critical and emerging technology domains.”

The report, ASPI’s Critical Technology Tracker The global race for future power, finds that China’s lead is due to deliberate design and long-term policy planning. The report shows that China leads in 37 of 44 technologies that ASPI is tracking.

Treasury approves $635.6 million in SSBCI funding for Texas and Washington

The U.S. Department of Treasury has announced approval of $635.6 million in State Small Business Credit Initiative (SSBCI) funding for Texas and Washington. The addition of these two states means 48 states and three territories have had their SSBCI programs approved.

Texas

Texas has been approved for $472.0 million to operate a capital access program and loan guarantee program. The loan guarantee program will be allocated $354.1 million to increase access to financing by providing loan guarantees to small and medium-sized businesses throughout the state.

Washington

DOE signals intention to approve $2 billion in loan commitments for EV battery production

The U.S. Department of Energy’s (DOE) Loan Program Office (LPO) has announced a conditional loan commitment of $2 billion to Redwood Materials for the construction and expansion of a battery materials campus in McCarran, Nevada. If approved, the project would support production in a fully closed-loop lithium-ion battery manufacturing process by recycling end-of-life battery and production scrap and remanufacturing it.

The agency says this project would mark a step toward meeting the Biden administration’s target of making half of all new vehicles sold in 2030 zero-emissions vehicles, including battery electric, plug-in hybrid electric, or fuel cell electric vehicles.

Maryland moving on innovation initiatives to grow state economy

In his budget proposal, Maryland Gov. Wes Moore proposed $10 million in funding for a new program that would provide grants of up to $2 million to defray specified costs associated with an eligible innovation infrastructure project; the projects are intended to support innovation in eligible technology sectors including advanced manufacturing; aerospace; agriculture; artificial intelligence; biotechnology; blue technology; cybersecurity; defense; energy and sustainability; life sciences; quantum; and sensor and robotics. The governor also proposed $1 million in new funding for the creation of the Maryland Equitech Growth Fund, which would use multiple investment vehicles including direct investments, grants, and loans leveraged with private capital to promote a culture of innovation and entrepreneurship and to meet the goals of promoting equitable economic development in Maryland’s advanced technology sectors.

Total STEM workforce and its diversity see increase

Although men and whites still make up the largest share of the science, technology, engineering and math (STEM) workforce, it has been gradually diversifying over the past 10 years, with increased representation of women and underrepresented minorities — that is, Hispanics or Latinos, Blacks or African Americans, and American Indians or Alaska Natives, according to the 2023 biennial report, Diversity and STEM: Women, Minorities, and Persons with Disabilities, from the National Center for Science and Engineering Statistics.  The total STEM workforce grew 20% between 2011 and 2021, increasing from 29.0 million to 34.9 million workers. STEM workers as a percentage of the total workforce also increased, growing three percentage points from 21% in 2011 to 24% in 2021.

While fewer women than men work in STEM occupations, their share of the STEM workforce increased 31% from 9.4 million to 12.3 million, while the number of men increased 15% from 2011 to 2021.