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Biden announces science and tech advisors

Thursday, September 23, 2021

The Biden administration announced the 30 members of the President’s Council of Advisors on Science and Technology (PCAST) this week. The panel, which is co-chaired by the president’s science advisor and external experts, exists to make science, technology and innovation recommendations to the White House. The administration calls this the most diverse PCAST in its history, which dates back to 1957, including the first women co-chairs. Included among the advisors are two former secretaries under President Barack Obama: Penny Pritzker (Commerce) and Ashton Carter (Defense).

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White House announces Equity in Science and Technology Ideation Challenge

Thursday, October 21, 2021

The White House is seeking public input to help remove barriers to equity in the science and technology ecosystem.

The White House is seeking public input to help remove barriers to equity in the science and technology ecosystem. The White House Office of Science and Technology Policy (OSTP) launched the Time is Now: Advancing Equity in Science and Technology Ideation Challenge that asks for ideas from the public in answering a central question: “How can we guarantee all Americans can fully participate in, and contribute to, science and technology?” OSTP is asking for ideas and examples of successful programs to help advance equitable science and technology and to contribute to America’s global competitiveness in the 21st century.

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White House executive orders impacting science

Thursday, June 20, 2019

Two recent executive orders issued by the White House have met with mixed reactions. While one order intended to ease the regulatory process for certain biotech products was met with favor by some in that industry, another order that could eliminate at least one third of the current federal advisory committees that was issued just days later, was roundly criticized.

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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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