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$2.8B announced for manufacturing EV batteries and grid

Thursday, October 20, 2022

In a move to strengthen the domestic manufacturing of batteries for electric vehicles (EVs), the U.S. Department of Energy (DOE), announced $2.8 billion for 20 companies in 12 states to extract and process battery materials and manufacture components while creating good-paying jobs.

  • Read more about $2.8B announced for manufacturing EV batteries and grid

$60M investment from DOE to increase energy efficiency in manufacturing goes to 32 Industrial Assessment Centers

Thursday, July 29, 2021

The U.S. Department of Energy (DOE) announced $60 million in funding for its largest-ever cohort of university-based Industrial Assessment Centers (IACs) to assist small- and medium-sized manufacturers in reducing their carbon emissions and lowering energy costs.

  • Read more about $60M investment from DOE to increase energy efficiency in manufacturing goes to 32 Industrial Assessment Centers

Energy provides $123 million for manufacturing innovation projects

Thursday, January 14, 2021

The U.S. Department of Energy announced more than $123 million across 46 awards to projects supporting manufacturing innovation. About half of the funds are going to efficiency improvements in manufacturing processes, with the remainder split between improving chemical manufacturing and supporting more efficient facilities and systems. SSTI members included among the project awardees include Argonne National Lab, Sandia National Lab, University of Cincinnati, University of Michigan, and the University of Tennessee.

  • Read more about Energy provides $123 million for manufacturing innovation projects

Report identifies novel approaches to supporting energy hardware innovation

Thursday, May 30, 2019

Emerging over the past five years, novel approaches to supporting early-stage cleantech development have the potential to ease the transition from invention to marketplace, according to new research from the National Renewable Energy Laboratory’s (NREL) Innovation & Entrepreneurship Center for the Joint Institute for Strategic Energy Analysis. The report provides a comparison of some of the nation’s most notable cleantech incubators and accelerators, finding that each organization fills a unique niche and competition among them is not an issue.

  • Read more about Report identifies novel approaches to supporting energy hardware innovation

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Recent news from the SSTI Digest

Universities as architects of regional innovation ecosystems

Wednesday, July 8, 2026
Ask most university leaders how their institution contributes to the regional economy and the answer is likely to include research expenditures, patents, startups, and jobs. Those measures remain important, but they overlook one of the university's most valuable contributions. In today’s economy, where innovation, talent, and technology shape how regions grow, universities are helping communities adapt, connect, and compete.
regionalism
innovation

TBED programs succeed by engaging with local communities

Wednesday, July 8, 2026
When a new TBED project comes to town, the TBED practitioners inside know the long-term benefits of technology-based economic development: they can see and understand their progress in building a strong economic foundation for their host region. But for community-based and workforce development organizations and K-12 education systems in the surrounding area, the TBED project might appear to be an opaque operation that operates independently of its neighbors.
tbed

What to expect when you’re expecting (investment returns)

Wednesday, July 8, 2026
Following SSTI’s recent look at the timing and type of exits, we continue our look at investment activity to characterize returns on investments so that TBED investors can more accurately project and adjust program parameters to support long-term sustainability. Accurate data on venture capital investment returns and fund performance on private investment vehicles is not readily or consistently available. Anecdotal stories  and the occasional press release on a major transaction exist, but VC exits are often done quietly. As such, parties interested in understanding performance outcomes must rely on focused reports and other aggregate data. 
investing
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