USDA invests $981M to build rural economy
In an effort to help rural citizens retain their resources and wealth, the U.S.
In an effort to help rural citizens retain their resources and wealth, the U.S.
Recognizing that innovation ecosystems require broad networks of partners working together and knowing that many institutions of higher education (IHEs) lack the research capacity to be able to participate in external partnerships, the NSF Directorate for Technology, Innovation and Partnerships invites proposals from Minority-Serving Institutions (MSIs), Predominantly Undergraduate Institutions (PUIs), and two-year institutions with limited or no research capacity to apply for the support necessary to become equitable partners with teams competing under the current and subsequent NSF Engine
SSTI is pleased to announce a new project with the Economic Development Administration (EDA) to build a Community of Practice focused on EDA’s important technology-based economic development (TBED) investment priority area. This new partnership will help regions across the entire country become more resilient, more equitable, and more competitive in the global innovation-centered economy.
Since the widespread usage of the internet in the 1990s, the question of who has access to broadband and the definition of high-speed internet has bedeviled federal, state and local officials. Attempts to map which addresses have access to high-speed service date back at least 20 years.
The National Association of State Budget Officers’ (NASBO) 2022 State Expenditures Report found total state spending to have grown an estimated 7.3% between fiscal years (FY) 2021 and 2022 ($2.66 to $2.86 trillion), 1.5 percentage points higher than the 36-year average growth of 5.8% per annum.
State government agencies’ expenditures for research and development totaled nearly $2.5 billion in FY 2021, an increase of 1.1% from FY 2020, but far below the year-over-year inflation of 6.4% when measured in February 2022. The findings on state R&D were recently reported by the National Center for Science and Engineering Statistics (NCSES).
A working paper published in the National Bureau of Economic Research asked the question, “Do large firms produce more valuable inventions, and if so, why?” An excerpt of an analysis of the paper that appeared in the November 2022 issue of the NBER Digest follows with additional consideration from SSTI Vice President Mark Skinner on its i
NIH just launched the funding opportunity announcement for the third cohort of its regional biomedical proof-of-concept and accelerator program, the Research Evaluation and Commercialization Hubs. On Dec.
Over the past four fiscal years, there have been 1,977 initial public offerings (IPOs) completed by companies headquartered in the U.S., according to PitchBook, yielding more than $549 billion in capital invested. These companies are located in 45 states, D.C., and Puerto Rico. Almost 20% of those companies are no longer publicly held, having been returned to private ownership, been acquired, merged or gone out of business.
New York became the first state to enact a temporary ban on new cryptocurrency mining permits at fossil fuel plants in a move aimed at addressing the environmental concerns over the energy-intensive activity. The legislation, signed by Gov. Kathy Hochul, will impose a two-year moratorium on crypto-mining companies seeking new permits to retrofit some of the state’s oldest fossil fuel plants into digital mining operations.
Two recent working papers — The Impact of High-Skilled Immigration on Regional Entrepreneurship from Columbia University and Getting Schooled: The Role of Universities in Attracting Immigrant Entrepreneurs from the Philadelphia Federal Reserve Bank — explore the impact of high-skilled immigrants on entrepreneurship and how universities attract immigrant entrepreneurs. Both papers find that high-skilled immigrants have a positive net effect on regional entrepreneurship and are critical to the entrepreneurial ecosystem.
The Federal Communications Commission (FCC) recently released the first draft of a new national broadband map providing a more granular look at broadband service throughout the country.
The recently-passed CHIPS and Science Act included $54.2 billion in appropriations, largely for semiconductor manufacturing incentives ($39 billion) and R&D ($11 billion). The administration is releasing information about its planned distribution of funds. Recent resources include: a strategic plan from the U.S.
Enough races have now been called in the 2022 midterm elections to confirm that the Senate will remain under Democratic party control while the House will switch to the Republican party. If any legislation is going to advance to the White House over the next two years, the parties are going to need to work together — both across and within each chamber (where Senate filibuster rules and House politics are likely to make bipartisan votes a necessity to passing bills).
A report from ITIF exploring the factors involved in ecosystem strength found that states in Germany generally perform better than states in the U.S., Italy, and Canada in terms of globalization, knowledge economy, and innovation capacity.
Despite the success of Michigan’s numerous initiatives to provide tuition-free college, an analysis from New America exploring Michigan’s effort to increase the affordability and accessibility of higher education found that the fragmented approach reduces the state’s ability to reach all residents needing financial assistance.
Amazon is allocating $50 million from its Climate Pledge Fund — Amazon’s venture capital program that invests in companies pioneering decarbonizing technologies and solutions — to invest in women-founded and women-led climate tech companies, as well as incubators and accelerators that prioritize women-led entities.
Thirty-six states held gubernatorial contests in Tuesday’s (Nov. 8) mid-term elections. By the end of the last week, winners in 32 states had been chosen.
Going into Tuesday’s 2022 mid-term elections, less electoral shakeup in state legislatures was expected after states’ redistricting efforts shored up many safe seats for incumbents — with the one notable exception being Michigan, thanks to an independent commission that had drawn a competitive map that put both legislative chambers in play.
Voters across the country faced a number of ballot measures in Tuesday’s election that could in turn affect the innovation economy in their states. Bond issues affecting higher education were approved in New Mexico and Rhode Island, while the vote is still being counted in Arizona, which considered a measure that would allow more aid for non-citizens of the state pursuing higher education.
As of Thursday morning, party control of both chambers of Congress is undetermined, as final outcomes remain unknown for 44 House seats and three Senate seats (per the AP). Chamber control may drive the size of the next few federal budgets — affecting opportunities for additional science and innovation funding — and determines who will be chair versus ranking member of committees.
Thirty-six states held gubernatorial contests in Tuesday’s (Nov. 8) mid-term elections. By the end of the night and as of this writing Thursday morning, winners in 32 states had been chosen, with votes still being tallied in Alaska, Arizona, Nevada, and Oregon.
In an effort to alleviate the nationwide shortage of semiconductors, the U.S. National Science Foundation (NSF) announced two cross-sector partnerships, one with Intel Corp. and the other partnership with Micron Technology, Inc.
With 133 ballot measures before voters on Nov. 8, a gamut of topics will be decided. Those outlined below are the measure that could affect the innovation economy, ranging from initiatives that would affect higher education, to broadband expansion and measures intended to boost state economies.
The National Science Foundation recently announced the four 2022 NSF INCLUDES awardees. These new alliances will each receive $10 million over five years to contribute to building an inclusive STEM workforce. The awardees will tackle issues like increasing data science capacity at minority-serving institutions (MSIs), increasing the representation of Native American and Alaska Native students in STEM fields, and supporting equitable pathways to postdoctoral fellowship positions.
The 2022 NSF INCLUDES Alliances are: