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Biden reveals $1.75T framework for Build Back Better agenda

Thursday, October 28, 2021

President Joe Biden this morning delayed his planned departure for Europe to announce a framework for the Build Back Better Act, a $1.75 trillion plan that the president said he was confident could pass both houses of Congress.

  • Read more about Biden reveals $1.75T framework for Build Back Better agenda

President Wants $1B to Train 10,000 STEM 'Master Teachers'

Wednesday, July 25, 2012

A plan introduced last week by the president places the future of the nation's standing in math and science in the hands of highly-specialized teachers who would serve as national ambassadors and mentor fellow educators across the country. In exchange, STEM Master Teachers would receive an extra $20,000 per year on top of their annual salary. Funding for the initiative is part of the FY13 budget plan, which requires congressional approval.

  • Read more about President Wants $1B to Train 10,000 STEM 'Master Teachers'

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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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