SSTI Digest
DOE announces intended funding for hydrogen hubs across the nation
Recently, the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) announced its intention to release a Funding Opportunity Announcement (FOA) in collaboration with the Energy Efficiency and Renewable Energy’s (EERE) Hydrogen and Fuel Cell Technologies Office within the year. This FOA, titled “Regional Clean Hydrogen Hubs” or “H2Hubs” will outline funding phases to promote the expansion of clean hydrogen energy and aid in the development of at least four clean hydrogen hubs throughout the U.S.
Funding for these H2Hubs will primarily come from the Infrastructure Investment and Jobs Act, or Bipartisan Infrastructure Law (BIL), which was signed by President Biden in November 2021. In the BIL, over $62 billion was allocated to DOE for investments in clean energy innovation and expansion. Among this $62 billion, about $8 billion is specifically appropriated over five years to support expanding the hydrogen economy and building H2Hubs. These hubs are defined by the DOE as a network of clean energy producers, consumers, and relevant infrastructure in a region.
The anticipated FOA will also include equity considerations such as environmental…
Women and COVID-induced unemployment
A recent paper published at the Federal Reserve Bank of Atlanta (FRBA) highlighted that unlike prior recessions where men experienced unemployment at higher rates, COVID-19 had a much greater effect on women. Women constituted nearly 60 percent of net job loss despite making up 47 percent of pre-pandemic employment. Even among women, job loss was not uniform, with women who are also people of color experiencing even greater negative impacts.
Sarah Miller, the paper’s author, found that in April 2020, at the onset of COVID-induced unemployment, the unemployment level for all women was 15.1 percent, lower than both Hispanic (19.8 percent) and Black (15.8 percent) women but higher than white women (14.6 percent). This can be attributed to Latinas holding a significantly larger number of jobs displaced by the pandemic, and Black women being less likely to hold jobs with an option to work remotely.
According to Miller, a key reason for these trends affecting labor force participation is the need to care for children. Prime-age workers, especially those who are women, saw a disproportionately negative impact on their employment levels during the pandemic, with FRBA…
ITIF’s Competitiveness Index ranks Massachusetts, California, Ontario and Maryland highest among North American states and provinces
Canadian provinces are overrepresented in North America’s most competitive states in the innovation economy with Ontario ranked third, British Columbia ranked fourth and Quebec ranked ninth, according to a competitiveness index from the Information Technology and Innovation Foundation (ITIF). Massachusetts, California, Ontario and Maryland were named overall leaders in subnational innovation competitiveness.
Accounting for 28 percent of global economic output, North America contains diverse innovation ecosystems and forms one of the largest free trade zones in the world, which makes it a critical subject of study in regards to the innovation economy. The North American Subnational Innovation Competitiveness Index (NASICI) released this week by ITIF ranked North American states overall and used 13 indicators under three categories: knowledge-based workforce, globalization and innovation capacity, in order to rank innovation competitiveness.
The ITIF index found that the U.S. falls far behind Canada in terms of workforce education with just 35 percent of the U.S. workforce holding postsecondary education, as compared with 61 percent of the Canadian workforce.…
SBIR at 40 – What’s Next?
During the SBIR/STTR Spring Innovation Conference, the U.S. Small Business Administration hosted a keynote session titled, “SBIR at 40 – What’s Next?” Panelists, moderated by SBA’s Erick Page-Littleford, discussed the impact that the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs have had over their 40 years of existence, and what the future may hold.
Jason Rittenberg, policy and development director at SSTI, focused on the significance of SBIR/STTR to national and regional innovation economies. In the past 40 years, more than 30,000 companies have received at least one award from the programs, which have provided a total of more than $29 billion in funding in the last decade alone. Studies by the National Academies and others have found that the program has supported tens of billions of dollars in sales of new technologies by awardees — including back to the sponsoring agencies to help the departments advance their missions — and accelerated advances in critical medical treatments. Rittenberg also noted that SBIR/STTR agencies and supporting organizations need to do a better job of reaching underserved entrepreneurs and…
US performance in advanced industries declining, new regions entering top startup ecosystems, reports find
Two recent reports reveal U.S. standing in different global innovation spheres. The U.S. performance in advanced industries has been weak over the last two decades compared to other nations, finds a new Information Technology and Innovation Foundation (ITIF) report that calls for an economic “moon shot” initiative to help boost U.S. performance. Meanwhile, new regions are entering the top 10 global startup ecosystems but Silicon Valley remains at the top, according to a recent report from Startup Genome.
While ITIF found that U.S. output in key advanced industries is low and continuing to decline, it still holds significant market share in industries such as pharmaceuticals, other transportation equipment (aerospace), and IT and other information services (software and Internet companies). In its report, the Hamilton Center on Industrial Strategy at ITIF found that U.S. market share is declining in the sectors of electrical equipment, machinery and equipment, and motor vehicles industries. The decline in U.S. advanced industries has contributed to the overall decline of the U.S. in the global market. This decline has continued so much so that U.S. output would have to…
BioCrossroads, BioSTL, JumpStart, LaunchNY 2021 report on economic and fiscal impact
The venture development organizations BioCrossroads, BioSTL, JumpStart, and LaunchNY recently published their economic impact reports for 2021. These organizations primarily assist businesses from Indiana, Missouri, Ohio, and New York respectively.
Arkansas, Indiana and California form international agreements on tech innovation, climate change and manufacturing
Three states — Indiana, California and Arkansas — have recently participated in international diplomacy, creating strategic connections and developing agreements to address climate change and trade barriers with the United Kingdom, New Zealand, and Canada. These recent agreements may suggest a shift toward innovation-focused diplomacy at the state level with nations across the globe.
An Indiana and the United Kingdom agreement is marked by the signing of a memorandum of understanding (MOU), which developed a framework to remove barriers to trade and investment. The MOU aims to allow businesses in the U.K. and Indiana to create jobs, export, invest, and expand. Both entities are specifically interested in promoting green trade and accelerating the development of clean technologies in their regions. The U.K. says it hopes to sign more MOUs this year, and Indiana serves as a strategic first choice with its strengths in advanced manufacturing, pharmaceuticals, and renewable energy.
The U.K. is not the only nation interested in signing MOUs with U.S. states. An MOU between Arkansas and Israel formed an agreement to encourage cooperation between …
Useful Stats: NASA SBIR/STTR trends, proposals & awards, 2017-2021
Between 2017 and 2021, 23 percent of proposals submitted to NASA for Phase I SBIR/STTR funding were approved (1,887 awards from 8,360 proposals). The acceptance rate for Phase II proposals, which are generally encouraged or discouraged based on Phase I outcomes, was 58 percent (791 of 1,359 approved).
The number of Phase I proposals varies greatly by state. At the upper end of the range, California-based companies submitted approximately 22 percent (1,847) of all Phase I applications to NASA, and Colorado-based companies submitted 8.6 percent (719). At the other end of the range, South Dakota and Puerto Rico both saw only 1 proposal each, while no company in Alaska, Iowa, Nebraska, or North Dakota submitted a proposal to NASA during this five-year period.
Phase I acceptance rates by state also have a large variation, ranging from 14 percent (Tennessee) to 100 percent (South Dakota, Puerto Rico). Of states that had two or more proposals, Maine (50 percent), Rhode Island (50 percent), and West Virginia (56 percent) had at least half of the proposals approved. However, of those with 10 or more proposals, Arkansas (39 percent) and New Hampshire (42 percent) stand out…
Recent Research: Use of industrial robots yields greener economic growth
A recent study found that the use of industrial robots (UIR) can reduce a country’s overall ecological footprint while simultaneously promoting economic growth. This is through timesaving, green employment, and energy upgrading effects that increase as the level of economic development and human capital within the country increases. The researchers also observed that the effect of UIR in reducing the ecological footprint is more evident in countries that are members of the Organisation for Economic Co-operation and Development (OECD) – which includes some of the world’s most carbon-intensive nations. Therefore, UIR can simultaneously be used to further economic growth while increasing environmental protection and reducing contributions that accelerate climate change.
For this study, a team of researchers from Qingdao University of Science and Technology and Nanchang University assessed industrial robot data for 72 countries between 1993 and 2019. The researchers developed a regression model that uses per capita ecological footprint to measure the ecological environment. The installation density of industrial robots and the operating density of industrial robots are used…
Ben Franklin Technology Partners and Rev1 Venture report 2021 economic impact of more than 16,000 jobs
Venture development organizations in Pennsylvania and Columbus recently released their economic impact reports for 2021. The reports from Ben Franklin Technology Partners (BFTP) and Rev1 Ventures show creation and retention of more than 16,000 jobs, $2.1 billion in client revenue, and almost $1.2 billion in capital raised.
The Ben Franklin Technology Partners (BFTP), with four organizations located around the state, work with the Pennsylvania Department of Community and Economic Development to support innovative ideas that impact Pennsylvania’s economy. The 2021 Impact Report features data gathered from the four-center Ben Franklin network. In the report, BFTP stated that their efforts helped create 2,438 jobs and retain 12,923 jobs by client companies. Additionally, BFTP helped launch 380 new products and processes and form 87 new companies. BFTP also helped client companies get 158 patents and software copyrights.
Overall, BFTP assisted 1,647 companies, helped generate over $2 billion in sales revenue from client companies and helped secure $917,145,605 in financing for client companies post-BFTP. The report also highlights success stories…
SBA FY 2022 FAST competition open
The Small Business Administration’s (SBA) Federal and State Technology (FAST) Partnership Program is now accepting applications for the FY 2022 competition. The FAST program provides matching funds to organizations to execute state/regional programs that increase the number of SBIR/STTR proposals leading to an increase in the number of SBIR/STTR awards from women, socially/economically disadvantaged individuals, and small businesses in underrepresented areas - typically rural states. Eligible applicants must be a public entity, organization or individual that intends to use this funding to provide outreach, financial support, and/or technical and business assistance to next generation R&D-focused small businesses in order to increase SBIR/STTR proposals and awards; and, must be endorsed by the appropriate state governor or their authorized designee as the only approved applicant from that state.
The notice of funding opportunity is available through grants.gov and more information is available here. The closing date for applications is June 27 with a maximum award of $125,000. Slides and Q&A from a pre-application webinar that was held on June 1…
Spring college enrollment continues slide
Spring college enrollment figures released last week by the National Student Clearinghouse Research Center (Clearinghouse) showed a continued decline with postsecondary enrollment falling to 16.2 million, a 4.1 percent decline from the previous spring. Combined with the 3.5 percent drop in enrollment last spring, the Clearinghouse reported that the undergraduate student body is now 9.4 percent, or nearly 1.4 million students, smaller than before the pandemic.
Public sector two- and four-year colleges combined enrolled 71 percent of all students this spring, and experienced the steepest drop (5 percent), with community colleges falling 7.8 percent. Community colleges also suffered the greatest loss in full-time students, losing 168,000 students over the past year, amounting to a 20.9 percent loss (372,000 students) since spring 2020.
A few majors saw the number of students increase, namely computer sciences (up 7.8 percent or 37,600 students) and psychology (4.7 percent increase, or 22,600 students). Skilled trades program enrollment also increased at two-year colleges, including construction (+19.3 percent, 11,140 students), mechanic and repair (+11.5 percent, 9…