SSTI Digest

A new report from NASBO (National Association of State Budget Officers), State Expenditures Report for Fiscal Years 2021-2023, finds while spending remains elevated compared to pre-pandemic levels, it is starting to slow. Spending from states’ funds rose 12.3% in FY2023 as a result of states spending surplus funds.

Among the  key findings of the report:

Fifty-seven percent of Americans say science has had a mostly positive effect on society, according to a recent report from the Pew Research Center. While the percentage of those with favorable views of science might seem like good news, the number is significantly less than at the beginning of the coronavirus outbreak in January 2019, when 73% of Americans declared positive views. Confidence that scientists will act for society's benefit has also declined.

The U.S. Department of the Treasury recently approved 20 additional state awards under the State Small Business Credit Initiative (SSBCI) Technical Assistance Grant Program, totaling more than $50.8 million. These awards will provide legal, accounting, and financial advisory services to eligible small businesses applying for the SSBCI capital program and other government small business programs.

SSBCI includes funding for technical assistance to help very small businesses—defined as businesses with fewer than ten employees, including independent contractors and sole proprietors—and underserved small businesses apply for the SSBCI Capital Program and other government small business programs. The Treasury Department’s SSBCI Technical Assistance Grant Program and the newly announced SSBCI Investing in America Small Business Opportunity Program are designed to complement the SSBCI Capital Program.

Awards were made in AK, AZ, AR, ID, IN, IA, LA, ME, MD, MI, MS, NH, ND, PA, RI, SC, TN, VA, WA, WI. These awards join 12 others that were announced in August 2023.

A new report finds that state agencies face challenges when working to implement Justice40 goals. Justice40 is an initiative included in President Biden’s Executive Order 14008, signed on January 27, 2021. The initiative laid out the goal that 40% of the overall benefits of certain federal investments flow to disadvantaged communities that are marginalized, underserved, and overburdened by pollution. The order stipulated that government agencies consult with disadvantaged communities to find the best ways to achieve this goal.

Data center technology processing passed the milestone of consuming 1% of world energy in 2010 and is projected to increase to 6% by 2030, according to a 2020 Science magazine study  by Eric Masanet, Arman Shehabi, Nuoa Lei, Sarah Smith, and Jonathan Koomey. The authors suggest that governments may need to take on a more considered approach to expanding data centers to meet the growing demand. State and local economic developers offering incentives to recruit data centers may want to take particular note. The non-captured costs, or externalities, of information processing hubs are mounting as the pace of human-induced climate change increases.    

Institutions of higher education spent $97.8 billion on research and development (R&D) activities in fiscal year (FY) 2022, an increase of nearly 9% over the prior year’s $89.8 billion. Over the past decade of available data, from FY 2013-2022, higher education R&D expenditures have increased 46%, from $67.1 to $97.8 billion. However, when adjusted for inflation, the growth is more modest at 17%.

This edition of Useful Stats explores the most recent Higher Education Research and Development (HERD) Survey release of 2022 data. Specifically, this article uses data from the past ten years of HERD in current and inflation-adjusted dollars, alongside a breakdown of HERD by the source of funds.

HERD over the past decade

Over the past decade, higher education R&D expenditures have increased by an average of 4% per year. HERD expenditures have increased every year since FY 2013, while the most recent years, from FY 2021-2022, had the most significant increase at 9%.

Setting aside multibillion fraud and the large black market economy, cryptomining inflicts pain to society in quieter ways as well, research found. In a nutshell, cryptocurrencies contribute more negative externalities that impact individual wallets and global warming, stemming from the intensive electricity requirements to complete each unregulated transaction.

Under Secretary of Commerce for Standards and Technology and National Institute of Standards and Technology (NIST) Director Laurie E. Locascio recently revealed in public comments that approximately $3 billion in funding for the National Advanced Packaging Manufacturing Program will be used to drive U.S. leadership in advanced packaging.

Restrictions placed on registering for high-wage-potential academic majors have had an increasingly disproportionate adverse effect on students from underrepresented minority groups (URM: Black, Hispanic, and American Indian or Alaska Native), according to research from the Bookings Institution.

Reminder!

The TBED Community of Practice webinar is coming up next week! 

Interactive Webinar: Lessons Learned in TBED Grant Management—December 5, 2023, at 3:00 p.m. ET.

Congratulations on winning federal funding! Are you ready to manage it? A first federal award can be a significant challenge for organizations. Even experienced groups can hit snags when working with new agencies that may use different rules or definitions.

Please join SSTI's TBED Community of Practice for a conversation about lessons organizations have learned in dealing with the many requirements around federal awards.

This webinar will be an interactive session, so whether you're new to federal grant management or an old pro, please come ready to ask questions and share your perspective, unexpected hiccups, and tricks of the trade.

Speakers:

• Erin Burcham (Verge)
• Kris Khalil (New Orleans BioInnovation Center)

Register HERE!

Jobs held by degree holders in Science and Engineering (S&E) fields make important contributions to our nation’s economic growth and global competitiveness, fueling innovative capacity through research, development, and other technologically advanced work activities, according to the National Science Foundation (NSF). This edition of Useful Stats will explore NSF National Center for Science and Engineering Statistics (NCSES) and National Science Board (NSB) education data, specifically data on S&E associate and bachelor’s degrees, and the S&E workforce supplied by the educational systems.

The U.S. has a STEM workforce problem, and finding diverse talent to fill existing and projected vacancies has proven to be particularly challenging. "Only about 20% of Latina/o students and 18% of Black students enroll in STEM majors, according to research published in 2019 in Educational Research. The research team, led by Catherine Riegle-Crumb at the University of Texas at Austin, also found that Latina/o and Black students switch majors at a rate of about 37% and 40%, respectively, and 20% of Latina/o STEM majors and 26% of Black STEM majors leave school without a degree.