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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

ARC POWER Initiative awards $47 million to diversify Appalachian economies

Thursday, October 20, 2022

The Appalachian Regional Commission (ARC) recently announced its largest POWER (Partnerships for Opportunity and Workforce and Economic Revitalization) Initiative funding package. This funding package awards nearly $47 million to 52 projects in 181 counties to support economic diversification and mitigate job losses from coal-related industries in Appalachian communities. 

  • Read more about ARC POWER Initiative awards $47 million to diversify Appalachian economies

11 additional states approved for federal funding through SSBCI

Thursday, October 13, 2022

The U.S. Department of the Treasury announced 11 additional states whose SSBCI plans have been approved: Alaska, Idaho, Iowa, Massachusetts, Minnesota, Missouri, Nebraska, Nevada, New Mexico, Ohio, and Utah.

  • Read more about 11 additional states approved for federal funding through SSBCI

New DOE efforts promote equitability and inclusion in science research

Thursday, October 13, 2022

The Department of Energy’s Office of Science recently announced new requirements for all research proposal applications. Applicants must submit a plan for Promoting Inclusive and Equitable Research — or PIER Plan — with their research proposal during the solicitation process. The PIER Plans will be required beginning in FY 2023 and will require investigators to describe strategies to promote diversity, equity, inclusion, and accessibility in all research projects.

  • Read more about New DOE efforts promote equitability and inclusion in science research

Vision for US leadership in advanced manufacturing released

Thursday, October 13, 2022

Creating a vison for United States leadership in advanced manufacturing, the National Science and Technology Council has released a strategy to grow the economy, create jobs, enhance environmental sustainability, address climate change, strengthen supply chains, ensure national security, and improve healthcare for the next four years.

  • Read more about Vision for US leadership in advanced manufacturing released

Inaugural Open-Source Ecosystems awards announced on eve of next competition deadline

Thursday, October 13, 2022

On the closing days of the previous federal fiscal year and with an Oct. 21 deadline looming for new proposals, the National Science Foundation announced the first 24 awards for a new program to support “Pathways to Enable Open-Source Ecosystems” (OSE). NSF’s goal is to exploit the advantages of using open-source development to find technological solutions to problems of national and societal importance.

  • Read more about Inaugural Open-Source Ecosystems awards announced on eve of next competition deadline

51 recipients share $47 million in EDA Build to Scale awards

Thursday, October 6, 2022

A total of $47 million has been awarded to 51 organizations by the U.S. Economic Development Administration to support programs that accelerate innovation and tech-based economic development as part of the Build to Scale program,  U.S. Secretary of Commerce Gina Raimondo announced yesterday. The 2022 awardees will leverage an additional $48 million in matching funds from private and public sector sources.

  • Read more about 51 recipients share $47 million in EDA Build to Scale awards

DOL rescinds IRAPs, refocusing on long-standing Registered Apprenticeship model for success

Thursday, October 6, 2022

Citing an 85-year record of promoting higher quality training and worker protection standards, the U.S. Department of Labor (DOL) has rescinded the short-lived Industry-Recognized Apprenticeship Program (IRAP) in favor of the established Registered Apprenticeship (RA) program.

  • Read more about DOL rescinds IRAPs, refocusing on long-standing Registered Apprenticeship model for success

Manufacturing Week celebrates industry while employment grows

Thursday, October 6, 2022

As Manufacturing Week kicks off on Friday, Oct. 7, the U.S. Census Bureau and Manufacturing USA are providing valuable manufacturing statistics and data to help inform policymakers and businesses, while also highlighting careers in the industry.

  • Read more about Manufacturing Week celebrates industry while employment grows

SBA announces 44 FAST awardees

Thursday, October 6, 2022

The U.S. Small Business Administration (SBA) recently announced 44 FAST awards, including 12 new awards,  totaling over $5.4 million, with each up to $125,000 for specialized training, mentoring, and technical assistance for research and development.

  • Read more about SBA announces 44 FAST awardees

Federal Reserve Bank of Philadelphia releases the Anchor Economy Report, dashboard

Thursday, October 6, 2022

In an effort to help to determine the economic impact of higher education institutions and hospitals within their regions and how reliant these regions are on these “anchor institutions” to drive their economy, the Federal Reserve Bank of Philadelphia developed an Anchor Economy Initiative. It recently published an

  • Read more about Federal Reserve Bank of Philadelphia releases the Anchor Economy Report, dashboard

DOE opens $7 billion funding opportunity for regional clean hydrogen hubs

Thursday, September 29, 2022

Representing one of the largest investments in the agency’s history,  the U.S. Department of Energy (DOE) has opened applications for the clean hydrogen hubs (H2Hubs) program.

  • Read more about DOE opens $7 billion funding opportunity for regional clean hydrogen hubs

DOD awards $30M to six Defense Manufacturing Communities

Thursday, September 29, 2022

The U.S. Department of Defense’s Office of Local Defense Community Cooperation (OLDCC) recently announced the six winners under the Defense Manufacturing Community Support Program (DMCSP), with funding of approximately $30 million.

  • Read more about DOD awards $30M to six Defense Manufacturing Communities

Inflation provides big boost to crowdfunding limits

Thursday, September 29, 2022

The Securities and Exchange Commission (SEC) recently published statutorily-required five-year inflation adjustments for various limits placed on crowdfunding, and the increases are substantial.

  • Read more about Inflation provides big boost to crowdfunding limits

Treasury releases RFI and clarifications on SSBCI technical assistance

Thursday, September 29, 2022

Last week, the U.S. Department of the Treasury released clarifications and a request for information (RFI) related to its $500 million pool for State Small Business Credit Initiative (SSBCI) technical assistance.

  • Read more about Treasury releases RFI and clarifications on SSBCI technical assistance

New report highlights federal bioeconomy policy considerations in R&D, regional promotion, and workforce development

Thursday, September 29, 2022

On the heels of President Biden’s recent announcement of a Biotechnology and Biomanufacturing Initiative to boost the United States bioeconomy, the Congressional Research Service (CRS) has released The Bioeconomy: A Primer, which examines the future of the bioeconomy, explores the United States’ competitiveness in global

  • Read more about New report highlights federal bioeconomy policy considerations in R&D, regional promotion, and workforce development

Congress advances three-year SBIR/STTR reauthorization

Thursday, September 22, 2022

On Tuesday, the Senate passed a bill to extend the SBIR, STTR and related pilot programs through Sept. 30, 2025. The House is expected to act on the legislation next week, just ahead of the current expiration at the end of this month.

  • Read more about Congress advances three-year SBIR/STTR reauthorization

Gender and racial makeup of startup's founding team impacts funding

Thursday, September 22, 2022

A recent report by DocSend Inc., a subsidiary of DropBox, surveyed over 300 pre-seed startups, finding that on average, in terms of gender alone, mixed teams raise the most funds, while all-male teams raise the least. In terms of both gender and race, on average, mixed gendered teams with minority members raise the most funds while all-male teams with no minority members raise the least.

  • Read more about Gender and racial makeup of startup's founding team impacts funding

California governor announces $1.1 billion from SSBCI

Thursday, September 22, 2022

Gov. Gavin Newson of California announced that the state is approved for $1.1 billion of funding from the State Small Business Credit Initiative (SSBCI), which represents the largest funding amount that has been approved in the SSBCI program.

  • Read more about California governor announces $1.1 billion from SSBCI

New Office on Clean Energy Innovation and Implementation established to coordinate historic initiative

Thursday, September 22, 2022

The White House announced a new Office on Clean Energy Innovation and Implementation to coordinate the policymaking process for the energy and infrastructure provisions of the Inflation Reduction Act of 2022, legislation that has been called the single biggest climate investment in U.S. history.

  • Read more about New Office on Clean Energy Innovation and Implementation established to coordinate historic initiative

Pennsylvania governor awards $246 million for small businesses through SSBCI

Thursday, September 15, 2022

Gov. Tom Wolf awarded $246.8 million to Pennsylvania local economic development partners through the State Small Business Credit Initiative (SSBCI) this week. The money is expected to help small, socially and economically disadvantaged businesses grow. The Pennsylvania Department of community and Economic Development (DCED) will distribute the funds to partners who will administer the funding to qualifying businesses.

  • Read more about Pennsylvania governor awards $246 million for small businesses through SSBCI

Missouri grows capacity to build entrepreneurial systems in the state

Thursday, September 15, 2022

Taking what Gov.

  • Read more about Missouri grows capacity to build entrepreneurial systems in the state

New study shows downtown areas lagging behind pre-pandemic levels of activity

Thursday, September 15, 2022

Recent findings from a study titled The Death of Downtown? Pandemic Recovery Trajectories across 62 North American Cities, conducted by a group of six researchers at the University of California’s Berkeley campus's Institute of Governmental Studies found that U.S.

  • Read more about New study shows downtown areas lagging behind pre-pandemic levels of activity

President names first ARPA-H director, announces new bioeconomy initiative

Thursday, September 15, 2022

On the 60th anniversary of President Kennedy's Moonshot Address, President Biden traveled to the John F. Kennedy Presidential Library and Museum to highlight progress toward his administration's Moonshot Program to combat cancer and expand the U.S. bioeconomy. This announcement included Biden's pick for the inaugural director of the Advanced Research Projects Agency for Health (ARPA-H) and the signing of an executive order to institute a National Biotechnology and Biomanufacturing Initiative.

  • Read more about President names first ARPA-H director, announces new bioeconomy initiative

Recent Research: Exploring nationwide distribution of AI-focused Phase II SBIR projects

Thursday, September 15, 2022

States with top-ranking university AI research programs garner a greater number of Phase II AI-related SBIR awards, according to a working paper from the Department of Economics at the University of North Carolina at Greensboro. Researchers there investigated state variations in the distribution of Phase II SBIR research projects focused on artificial intelligence (AI). The authors of the paper hypothesized that the state-by-state variations are related to the presence of a research university with a “Top 10” AI program in each state.

  • Read more about Recent Research: Exploring nationwide distribution of AI-focused Phase II SBIR projects

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