• Join your peers at SSTI's 2024 Annual Conference!

    Join us December 10-12 in Arizona to connect with and learn from your peers working around the country to strengthen their regional innovation economies. Visit ssticonference.org for more information and to register today.

  • Become an SSTI Member

    As the most comprehensive resource available for those involved in technology-based economic development, SSTI offers the services that are needed to help build tech-based economies.  Learn more about membership...

  • Subscribe to the SSTI Weekly Digest

    Each week, the SSTI Weekly Digest delivers the latest breaking news and expert analysis of critical issues affecting the tech-based economic development community. Subscribe today!

SSTI Digest

Bill Introduced in Senate to Make SBIR Program Permanent

Significant changes to the Small Business Innovation Research (SBIR) Program were proposed on July 31, 1998 by Senator Christopher Bond (R-MO), Chairman of the Senate Committee on Small Business, when he introduced Senate Bill S. 2407, the Small Business Programs Restructuring and Reform Act of 1998.

People in the News

Before leaving for its August recess, the Senate confirmed Neal Lane to be Director of the Office of Science and Technology Policy and Bill Richardson to be Secretary of Energy.

Conference Reminder

Just a reminder that early registration for SSTI's Second Annual Conference, Science and Technology Programs: Catalysts for Economic Growth, are due August 31. The conference will be held September 24 & 25 in Columbus, Ohio. Full details can be found on SSTI's home page at www.ssti.org or by calling SSTI at 614/421-SSTI (7784).

DIGEST TAKES A VACATION

During the month of August, the SSTI Weekly Digest will be published every other week. The Digest will be published August 14 and August 28. It will resume weekly publication September 4.

NSF RELEASES 1998 SCIENCE AND ENGINEERING INDICATORS

The most comprehensive source of statistical information on science and engineering issues has been released by the National Science Board. "Science and Engineering Indicators: 1998" is the 13th report in a biennial series.

CALL MADE FOR $250M FUND FOR STATE TECHNOLOGY INNOVATION CHALLENGE GRANTS

A Washington, D.C.-based think tank has issued a call for the creation of a $250 million fund to be directed to the states for Technology Innovation Challenge Grants. The fund would be used by the states to invest in university- industry and other technology and innovation network programs.

R&D TAX CREDIT EXPIRES

The Research and Experimentation Tax Credit expired on June 30, and there is concern that it may not be renewed this year. Reports indicate that the most likely vehicle for the tax credit would be a general tax bill, but according to the American Institute of Physics, the chances of a tax bill being agreed to by Congress and signed by President Clinton before the end of the session are considered slim.

SSTI SPONSORS SECOND ANNUAL CONFERENCE

The State Science and Technology Institute is sponsoring its second annual conference "Science and Technology Programs: Catalysts for Economic Growth" on September 23 and 24.

NASA SELECTS THREE NEW BUSINESS INCUBATORS

NASA announced the award of cooperative agreements to establish new technology business incubators at three NASA Centers: the Goddard Space Flight Center (MD), the Langley Research Center (VA), and the Jet Propulsion Laboratory (JPL), combined with the Dryden Flight Research Center, (CA).

UPDATES ON U.S. INNOVATION PARTNERSHIP AVAILABLE

Updates on activities the United States Innovation Partnership (USIP) are now available through an e-mail distribution list. To subscribe, send an e-mail to USIP@asme.org

INDUSTRIAL R&D UP — TURNAROUND IN MANUFACTURING CITED

Industrial research and development spending totaled approximately $145 billion in 1996, a 10 percent increase for the second year in a row. More than 83 percent of that funding came from industry itself with the federal government providing the remaining funds, according to a new Data Brief prepared by the National Science Foundation. Small businesses, those with 500 or less employees, spent slightly more than $20.2 billion or 14 percent of the total industrial R&D spending in 1996. This represented a 21 percent increase over 1995's total.

SENATORS FRIST AND ROCKEFELLER INTRODUCE BILL TO DOUBLE CIVILIAN R&D SPENDING

On June 25, Senators Bill Frist (R-TN) and Jay Rockefeller (D-WV) introduced a new bill, the Federal Research Investment Act (S. 2217). The purpose of the bill is to provide for the continuation of federal research investment in a fiscally sustainable way.

Pages