SSTI Digest

With President Trump’s March 31 signature on an executive order to create a United States Investment Accelerator within the Department of Commerce aimed to help expedite development of foreign and domestic manufacturing investments priced at over $1 Billion, there is concern about what impact one sentence has on the existing $52 Billion in CHIPs related deals across the country. Some of the projects have been on ice since the change of Administration.  The sentence in question is: “The Investment Accelerator shall be responsible for the CHIPS Program Office within the Department of Commerce, which shall focus on delivering the benefit of the bargain for taxpayers by negotiating much better deals than those of the previous administration.” [Emphasis added.] Since there is no new money in known discussion for refueling the CHIPS Act coffers, will the terms of awards made since the CHIPS Act was passed by Congress in 2022 be subject to renegotiation? Just as existing R&D grants, transportation contracts, and other federal spending awards have become subject to rescinding or cancellation for unrelated changes in policy differences between the two presidential…

Numerous reports across the country indicate the National Institute of Standards and Technology (NIST) has taken the first step toward eliminating the Manufacturing Extension Partnership (MEP) program, which, for nearly 40 years, has provided technical assistance, training, research and strategic direction to tens of thousands of small and medium manufacturers across the country. Reports vary as to whether 10 or 11 of the 51 centers across the U.S. and Puerto Rico were told they would not receive current funding already appropriated and expected per the terms of their existing multi-year agreements with NIST. While news reports for individual state centers have surfaced, the most detailed coverage of the action to eliminate MEP that SSTI has yet to see is provided in an April 2 Wired posting by Paresh Dave and Louise Matsakis. The move, along with several recent Administration actions, is consistent with recommendations outlined in Mandate for Leadership: The Conservative Promise, a 2023 publication of the Heritage Foundation. The book advocates for the private market to address many of the public goods and services presently supported by the federal government.…

Gov. Phil Murphy and representatives from the founding partners—the New Jersey Economic Development Authority (NJEDA), Princeton University, Microsoft, and CoreWeave—officially opened the New Jersey Artificial Intelligence (NJAI) Hub on March 27, 2023. Together, the founding partners will invest over $72 million to support the long-term success of the hub. New Jersey’s NJEDA has committed $25 million; the remaining $47 million of donated services and support will come from Princeton and the industry partners. A portion of NJEDA’s and CoreWeave’s committed funding will include a planned NJ AI Venture Fund supporting innovation commercialization through equity investments.

States with economies based on resource extraction are among the least diversified in the country—they know well the boom-and-bust cycles that come with that concentration. Innovation and entrepreneurship represent a path out of that boom-bust cycle, and New Mexico’s recently updated economic development strategy, Empower and Collaborate: New Mexico's Economic Path Forward, hints at wanting to build on that recognition in its planned actions for the coming years. The forward-looking strategy, which began in 2021 and further refined in 2023, details actions to expand New Mexico’s economy away from reliance on natural resource extraction while also shifting away from traditional sector-based job creation strategies towards addressing structural economic challenges that affect all sectors. It seeks renewed commitment to long-term planning, supporting regions transitioning away from coal, and helping cities foster the partnerships, infrastructure, and assets necessary to grow existing businesses and industry clusters.   Specifically, the plan outlines recommendations and initiatives to improve the quality of New Mexico’s higher education and training…

The April 2025 issue of NBER Digest, a publication of the National Bureau of Economic Research, includes the following summary of a recent working paper. NBER grants permission to reproduce the piece here. While the research focuses on students’ experiences only in Texas, SSTI believes the findings likely could have policy value in other geographies striving to increase workers’ skill sets in an increasingly innovation driven economy. In Texas, disadvantaged students often forgo college entirely when far from a community college, while more advantaged students substitute towards four-year colleges. Proximity to a community college impacts college enrollment and degree completion, particularly for minority and low-income students. Consequently, disparities in geographic access to higher education contribute to educational attainment gaps across demographic groups. In Distance to Degrees: How College Proximity Shapes Students' Enrollment Choices and Attainment Across Race-Ethnicity and Socioeconomic Status (NBER Working Paper 33337), Riley K. Acton, Kalena Cortes, Lois Miller, and Camila Morales analyze administrative data covering all Texas public high…

How one applies and has their proposal reviewed to gain a small share of the world's largest funding source for life science research is changing. The following highlights modifications affecting grant applications submitted to the National Institutes of Health for due dates on or after January 25, 2025, as posted on their Implementation of New Initiatives and Policies page. NIH narrowed the framework for the peer review of most competing research project grant (RPG) applications. Excluded from the change are proposals for small business and multi-project grants. The new framework will reorganize the five regulatory criteria into three factors:  Importance of the Research, scored 1-9; Rigor and Feasibility, scored 1-9; and Expertise and Resources, to be evaluated as either sufficient for the proposed research or not.  In addition, NIH staff will now review the following additional review considerations: applications from foreign organizations, select agent research, and resource sharing plans. Peer reviewers will focus on whether or not the proposed research project should be conducted and, if so, whether it can be performed. More details…

April 16, 2025, 2:00pm EDTFree, registration required As the research article in today's Digest attests, tech transfer offices (TTOs) must adapt and evolve to maximize their institution's innovation potential! Join our upcoming webinar to explore the strategic landscape of centralized Technology Transfer Offices (TTOs). Discover how they are rethinking intellectual property management, licensing, and commercialization, and learn to weigh the advantages—like cost savings and enhanced service quality—against potential challenges, such as reduced flexibility. We'll delve into real-world examples of successful centralized TTOs, revealing the best practices driving their achievements. Gain invaluable insights tailored for policymakers, university administrators, and technology transfer professionals, and optimize your TTO's impact. Register now to revolutionize your approach! Speakers: Kayla Meisner, Executive Director, Kentucky Commercialization VenturesCharles Layne, Senior Technology Advancement Manager, Launch TennesseeCarlos Baez-Pagan, Associate Director, Puerto Rico Science, Technology, and Research Trust, Technology Transfer Office …

Pennsylvania Gov. Josh Shapiro has asked the state legislature to inject $113 million into programs that support the commonwealth’s innovation economy—including $50 million for the PA Innovation Program, which provides a $30 million allocation specifically designated for the commercialization of life sciences and a $20 million fund to “support large-scale innovation, match federal awards to mitigate risks for start-ups, and leverage Pennsylvania’s best-in-class research and development assets.” Shapiro presented his FY 2025-2026 budget proposal and policy recommendations to state lawmakers in his Feb. 4 budget address. The balance of the $113.5M injection for innovation includes: $17 million for the Ben Franklin Technology Development Authority which funds the nationally recognized Ben Franklin Technology Partners, full funding for Keystone Innovation Zone research and development tax credits, which offer early-stage tech and life sciences companies up to $100,000 annually in sellable tax credits from a statewide pool of up to $15 million, $25 million for Agricultural Innovation Grants $3.5 million for a Pennsylvania Regional Economic…

As U.S. research institutions face funding uncertainty, countries and universities worldwide are launching initiatives to lure away our scientific talent: Twelve EU countries signed a letter calling for dedicated funding and an immigration framework in the next EU budget. Individual countries are taking separate actions. Belgium’s Vrije Universiteit Brussel has allocated €2.5 million ($2.7 million) for 12 postdoctoral fellowships specifically targeting American researchers through its European Marie Skłodowska-Curie program.

NOTE: The nation's community of technology-based economic development organizations is in its annual report season, and we've already seen several releases from SSTI members. All document TBED's impact on advancing research, moving it to market, and helping businesses improve their profitability and competitiveness. To help the TBED community prepare their own annual reports, SSTI is speaking with a few of our members to learn more about their evolving approaches to preparing their annual reports. This week, we share insights from our conversation based on an interview with Kate Calabra, interim CEO of the Illinois Science and Technology Coalition. The first three parts of this four-part series are available here, here and here. In recent years, the Illinois Science & Technology Coalition’s (ISTC) annual report was a landing page on the organization’s website. It was primarily text summarizing what the organization had done. However, the most recent report, a PDF document that spans 25 pages (minus front and back covers), is much different. That difference was "definitely intentional," said Kate Calabra, interim CEO of the Illinois…

In a country marked by regional diversity, gaining insights into economic performance often means looking beyond conventional state and county boundaries to economic hubs. This edition of Useful Stats uses Bureau of Economic Analysis (BEA) data to first compare U.S. metropolitan and micropolitan GDPs broken down by industry for the last 20+ years, then consider each Metropolitan Statistical Area’s GDP by private industry, highlighting patterns and changes over the past decades.   Metropolitan Statistical Areas (MSAs), as defined by the U.S. Office of Management and Budget (OMB), “have at least one urban area of 50,000 or more population plus adjacent territory that has a high degree of social and economic integration with the core urban area as measured by commuting ties.” Approximately 86% of the nation's population resides within the 392 MSAs in the U.S. and Puerto Rico.[1] In addition to MSAs are micropolitan statistical areas (μSAs), defined by OMB as having “at least one urban area of at least 10,000 but less than 50,000 population, plus adjacent territory that has a high degree of social and economic integration with the core as measured by…

In the last twenty years, there has been a critical shift in the technology transfer landscape that calls for a fundamental overhaul of university Technology Transfer Offices (TTOs) from focusing on passive IP management to active startup development, according to a recent SSRN article. In "Transforming TTOs: Filling the Existing Technology Commercialization Void," Timothy L. Faley argues that the traditional "patent and license" model, wherein TTOs facilitated the licensing of university-developed intellectual property (IP) to established corporations, has become increasingly obsolete. He identifies a "product-development void," a consequence of corporations pivoting towards acquiring market-validated startups rather than licensing raw IP. Faley argues for TTOs to adopt a "business building" model, actively nurturing startups from their inception, providing mentorship, and facilitating access to early-stage funding. He emphasizes that this transition requires a departure from traditional TTO metrics, such as licensing revenue and patent numbers, which he deems inadequate for assessing the success of a startup-driven ecosystem. Faley highlights the evolution of…