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SSTI Digest

Natural Gas Driving Sharp Rise in American Competitiveness

American manufacturing competitiveness is on the rise, according to a study issued by the Boston Consulting Group and touted by the White House. Only seven of the 25 largest exporting countries in the world have lower manufacturing costs than the United States. The primary gain in U.S. advantage has come from access to cheap domestic supplies of natural gas. Wholesale prices for natural gas have dropped by over 50 percent since 2005 and are expected to decline for at least the next five years. The dropping prices create a significant cost advantage for U.S. manufacturers that have ripple effects through the entire manufacturing value chain. Other contributing factors to rising U.S. competitiveness include lower labor costs than other developed countries, rising domestic productivity, and rising labor costs in the developing world. Global companies are taking note of the systemic advantages that are driving the revival of American manufacturing and are making long-term investments in the U.S., according to the study.

Two SSTI Members Win Grants for Advanced Manufacturing Projects

The Georgia Research Alliance (GRA) and the Arizona Board of Regents on behalf of Arizona State University (ASU), both SSTI members, are among 19 awardees to receive $9 million total for advanced manufacturing projects. Grants were announced by NIST under the AMTech program, which supports new or existing industry consortia in developing technology roadmaps aimed at strengthening U.S. manufacturing and innovation performance across industries, according to a news release. GRA will receive $499,636 for a cell manufacturing consortium and ASU will receive $499,441 for architecting an institute for flexible electronics manufacturing.

People On The Move

Aimee Dobrzeniecki, NIST MEP deputy director, will be leaving the MEP system May 16. Dobrzeniecki is joining Cathy Renault at Innovation Policyworks and will expand the company by opening a DC office.

Mark Crowell, the founding executive director of the University of Virginia Innovation and associate vice president for research, will step down May 16. Crowell plans to become a consultant based in Chapel Hill, NC.

David Wurzer, formerly a senior managing director at Connecticut Innovations, has been appointed chief investment officer and executive vice president.

New Resources for Writing a Compelling Application Now Available!

An impactful program could be underrepresented and its message lost if not presented in a clear, concise manner. The goal of SSTI’s Exellence in TBED awards program is to highlight how successful innovation-focused efforts have transformed economies. Because your story has to be compelling to the reader, we have provided several resources to help your team write a better application – and bring home a win for your state or region!

Florida Budget Agreement Prioritizes Research

The FY15 budget agreement approved last week by lawmakers dedicates $60 million to elevate the state’s status in cancer care and research, with another $20 million slated for peer-reviewed research grants. The cancer research initiative was a major priority for Gov. Rick Scott during the session. The budget also increases funding for economic development incentives and provides level funds for university-based technology commercialization.

Report Urges Policymakers to Reinvest in Higher Education

As a result of deep cuts to higher education funding following the recession, issues surrounding affordability, access to programs and services, and quality could jeopardize the nation’s competitiveness. A new report from the Center on Budget and Policy Priorities finds that although a majority of states have begun to restore some of the cuts, 48 states are spending less per student than they did before the recession. Some states are considering large tax cuts as part of the 2014 legislative sessions, posing additional concerns for higher education support and its impact on the workforce.

Register Now for May 7 Awards Informational Call

Visit www.sstiawards.org to sign up for the May 7 call to learn more about the 2014 awards program and for helpful hints on writing an outstanding application. This could be your year to capture national recognition for your local, state or regional innovation efforts. Check out the latest adventures of SSTI’s Traveling Vase

TBED People On The Move

Tyler Okerlund has been selected to serve as the state SBIR/STTR program director at the UND Center for Innovation.

Johnna Reeder has been named president and chief executive officer of REDI Cincinnati, LLC, the regional organization charged with business attraction and expansion.

Northern Arizona Center for Entrepreneurship and Technology’s Board of Directors announced the departure of current President and CEO Russ Yelton. Annette Zinky will be serving as interim president and CEO of NACET. 

Georgia, Kansas Budgets Fund Innovation Infrastructure

State leaders often cite publicly supported innovation infrastructure as investments in jobs of the future. When targeted and executed smartly, such investments can spur job growth over the long-term and help advance technology commercialization. Lawmakers in Georgia and Kansas recently passed budgets that include funding to support high-tech research facilities and similar measures are pending in several other states. The University of Georgia (UGA) is slated to receive nearly $45 million for a Science Learning Center and, in Kansas, the legislature approved $2 million for creation of a new Innovation Campus aimed at attracting technology jobs.

$150M Rural Investment Fund to Support Cutting-Edge Ag Businesses

As part of an effort to support rural, small businesses in cutting-edge fields such as bio-manufacturing and advanced energy production, the USDA announced a new capital access initiative to facilitate private investment. The $150 million investment fund is being formed under USDA’s Rural Business Investment Program and will be managed by Advantage Capital Partners. Read the announcement.

DOL, SBA Announce Funding to Support Regional Industries to Compete in Global Economy

The Department of Labor (DOL) and the Small Business Administration (SBA) recently announced programs that will provide financial support to help states and regions assist key industries and small businesses compete in the global economy through the development of regionally focused workforce development and export assistance programs.

Five Sector-Focused Innovation Labs Aim to Support New Jersey Businesses

A new effort by the New Jersey Institute of Technology (NJIT) seeks to make existing companies more competitive, support the growth of startups and create jobs by leveraging the assets of government, industry and higher education around five sector-focused labs. NJIT will launch a new nonprofit corporation, the New Jersey Innovation Institute, to support the labs – geared toward civil infrastructure, defense and homeland security, healthcare delivery systems, biopharmaceutical production, and financial services.