NYC investing $1B in life sciences

New York City  Mayor Bill de Blasio has announced that the city is planning to double its $500 million investment in the LifeSci NYC commitment, to reach a total of $1 billion invested in life sciences over the next 10 years.

DOE awards $9.5 million to support clean energy innovation, commercialization

The U.S. Department of Energy (DOE) has announced that 10 accelerators and incubators across the country have been awarded $9.5 million in total funding through the Energy Program for Innovation Clusters (EPIC) to help develop pipelines for energy technology to reach the market.

DOE seeking manufacturing productivity proposals, feedback on barriers to funding

The U.S. Department of Energy is seeking public feedback on the current barriers and actions needed to make its funding opportunities and innovation and entrepreneurship activities more inclusive, just and equitable, and, in a separate effort, it is seeking input on improving productivity and efficiency of the manufacturing sector through a $4.8 million request for proposals.

STEM degrees can increase pay, but do not guarantee STEM employment after graduation

Students who earn bachelor’s degrees in science, technology, engineering, and math fields (STEM) are more likely than not to see an increase in pay; however, it is far from guaranteed that their post-graduation employment will be within a STEM-related sector.

Treasury awards $1.25 billion to CDFIs; $9.4M for those certified as VC funds

Earlier this week, the U.S. Treasury’s Community Development Financial Institutions (CDFI) Fund announced $1.25 billion in coronavirus-related “rapid response” funding to 863 CDFIs. Among the recipients were SSTI members Launch NY and Vermont Sustainable Jobs Fund.

Useful Stats: New utility and plant patents by state, 2016-2020

This edition of Useful Stats explores data from the U.S. Patent and Trade Office (USPTO) on new utility and plant patents granted in the U.S. by state/territory for the five-year period from 2016 to 2020. This analysis includes only utility and plant patents as these types are those associated with the invention of new products and services, and excludes reissued patents and those issued for purely aesthetic designs.

State patent activity is a good indicator of the health of local innovation economies. Patents for innovative products and processes are issued to inventors across academia, industry, and the public sector, and the number of these new patents issued in states over time can provide insights into the strengths of these sectors and how well they are collectively able to bring innovative technologies out of the lab and, potentially, to market. Understanding this patent activity can help program and policy designers in local innovation economies in evaluating, enhancing, and developing their initiatives.

SSTI Annual Conference registration open!

We are excited to announce that SSTI’s annual conference is back and in-person, Nov. 1-3, in Little Rock, Arkansas. More than ever, now is the time to reconnect with those in the field and make new connections as we revitalize our plans for the innovation economy. Whether you are resetting your agenda, expanding your initiatives, evaluating your success, or searching for new paths to emerge stronger from the pandemic, we will have ideas, sessions and resources for you to explore at SSTI’s 2021 Annual Conference: Focusing on the Future.


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