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 In a Digest article published May 8, 2025, SSTI outlined how the proposed White House 2026 discretionary budget proposal, which aims to cut non-defense discretionary funding by 22.6%, could impact TBED programs. In that article, we laid out some specifics of how the cuts were anticipated to…

Long concentrated geographically, venture capital also is growing more concentrated in a small number of larger deals, as SSTI has reported in recent Digest issues. In fact, deals under $100 million—not a small figure in itself—have fallen by 71% according to SSTI’s analysis of PitchBook data. Even…

Commercializing patented inventions is a common goal of innovation policy, as it drives company revenues and regional economic growth. However, tracking the commercialization of inventions stemming from R&D is challenging. While programs like the Small Business Innovation Research (SBIR)…