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Regional Innovation Strategies making $35 million available

Thursday, February 20, 2020

The U.S. Economic Development Administration has announced the FY 2020 notice of funding availability for the Regional Innovation Strategies program. There are multiple changes to the program this year, including that EDA is now referring to the program as “Build to Scale.” A total of $35 million is available this year due to support from Congress with advocacy from SSTI’s Innovation Advocacy Council. The Trump Administration budget proposal for FY2020, and again for FY2021, proposed eliminating the program.

  • Read more about Regional Innovation Strategies making $35 million available

EDA opens 2019 Regional Innovation funding cycle

Thursday, February 7, 2019

The Economic Development Administration is now accepting applications for the Regional Innovation Strategies program through April 4. Funding is available through the i6 Challenge, focused on transforming innovations into products and services, and Seed Fund Support, to help expand the availability of investment capital for startups. SSTI will again be hosting an informational webinar with EDA — see details and register below.

Regional Innovation Strategies program FY 2019 informational webinar
Tuesday, Feb. 12 @ 2 P.M. EST

  • Read more about EDA opens 2019 Regional Innovation funding cycle

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Recent news from the SSTI Digest

Place-based innovation comes of age: Federal regional innovation programs are reshaping America's technology economy

Wednesday, August 5, 2026
Strong regional ecosystems connect universities, entrepreneurs, investors, manufacturers, workforce organizations, and state and local governments. Rather than supporting just isolated institutions, federal agencies are now investing in collaborative regional networks capable of translating research into new companies, industries, and jobs. The intent is not for every region to become the next Silicon Valley, but to enable regions to compete by organizing around what they already do well.
NSF
EDA
tech hubs
NSF Engines

Takeaways from the ACA angel capital report

Wednesday, August 5, 2026
As SSTI noted in its recent look at quarterly investment activity, gaining insight into angel investment is difficult because of the challenges of separating angel activity from seed and other early VC transactions. Fortunately, the Angel Capital Association (ACA) recently published a report that provides a deep dive into 2025 angel investment activity and provides more clarity on this important financial partner for regional innovation. The big picture takeaway from the ACA report is that, like VCs, angel groups are making larger investments in fewer companies. 
angel capital

State grant programs support manufacturers and improve their competitiveness

Wednesday, August 5, 2026
As those involved with the longstanding, internationally recognized program know, an air of uncertainty has enveloped NIST’s Manufacturing Extension Partnership (MEP) for the past two years. With the release of the new Notice of Funding Opportunity (NOFO) for MEP Centers (see SSTI’s write‑up here), it appears that perhaps many of those troubles may be in the past. Even so, the uncertainty has prompted many manufacturers, small businesses, and MEP centers to explore alternate funding sources, partnerships, and forms of assistance beyond NIST.
MEP
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