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Displaying 8801 - 8825 of 9252
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A letter from President & CEO Dan Berglund

Thursday, January 7, 2021

This week’s SSTI Weekly Digest contains a full slate of stories, some of which focus on the federal government. To report these stories without commenting on yesterday’s events and not acknowledge what has occurred over the last 24 hours could give the impression that we do not think the assault on the Capitol was significant. Nothing could be further from the truth. 

  • Read more about A letter from President & CEO Dan Berglund

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

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

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

Commerce releases info on plans for CHIPS funding

Thursday, September 8, 2022

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.

  • Read more about Commerce releases info on plans for CHIPS funding

White House announces major expansion to open access policies

Thursday, September 8, 2022

A recent announcement from the White House Office of Science and Technology Policy (OSTP) included major updates requiring open access to federally funded research. The new guidance will require federal agencies to ensure that all taxpayer-funded research is immediately available to the public, disallowing the previous optional 12-month embargos.

  • Read more about White House announces major expansion to open access policies

Pennsylvania manufacturing has potential to expand, new report says

Thursday, September 8, 2022

Pennsylvania is losing ground in expanding manufacturing opportunities in the state, according to the Pennsylvania Manufacturing Advisory Council, which has issued a playbook to help build the sector’s competitiveness and highlights recommendations for the state to increase its manufacturing opportunities. 

  • Read more about Pennsylvania manufacturing has potential to expand, new report says

RTI International leading, SSTI supporting Build Back Better Regional Challenge Community of Practice

Thursday, September 8, 2022

The nonprofit research institute, RTI International, has been named the grant winner to coordinate and lead a Community of Practice (CoP) for the Build Back Better Regional Challenge’s 60 finalist coalitions. While the 21 awardees of the challenge will go on to build out their proposed programs, the CoP is intended to build long-term connections among all 60 coalition finalists, which were awarded from 529 applications.

  • Read more about RTI International leading, SSTI supporting Build Back Better Regional Challenge Community of Practice

21 Build Back Better Regional Challenge winners announced

Thursday, September 8, 2022

In what is being heralded as one of the most impactful regional economic development initiatives in decades, 21 coalition winners — including three SSTI members as coalition leads — of the $1 billion Build Back Better Regional Challenge have been announced. Each of the awardees will receive between $25 million and $65 million to fund 123 projects designed to advance economies across 24 states.

  • Read more about 21 Build Back Better Regional Challenge winners announced

Efforts underway in the states to capitalize on CHIPS funding

Thursday, September 8, 2022

With President Biden’s signing the CHIPS and Science Act on Aug. 9, states and universities are already making plans to build on the funding opportunities present in the legislation.

  • Read more about Efforts underway in the states to capitalize on CHIPS funding

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

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

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

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

DOE announces $540 million for research in clean energy tech and low-carbon manufacturing

Thursday, September 15, 2022

The U.S. Department of Energy (DOE) announced $540 million in awards for research into clean energy technologies and low-carbon manufacturing at 54 universities and 11 national laboratories.

  • Read more about DOE announces $540 million for research in clean energy tech and low-carbon manufacturing

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

Job Quality Toolkit aims to move dialogue on quality jobs and retaining workers

Thursday, September 22, 2022

The Baldrige Performance Excellence Program at NIST recently released the Job Quality Toolkit which outlines eight “drivers of job quality.” The toolkit aims to enhance the discussion around job quality, becoming an “actionable tool… to improve the quality of every job,” which will improve employee recruitment and retention.

  • Read more about Job Quality Toolkit aims to move dialogue on quality jobs and retaining workers

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

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

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

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

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

Georgia Research Alliance companies raise more than $2B in venture capital

Thursday, October 6, 2022

The Georgia Research Alliance (GRA) — a nonprofit working to grow Georgia’s economy through supporting research at state universities — recently announced that its portfolio of companies had raised more than over $2 billion in venture capital. These startups also had a high survival rate — 88% were still in business four years after launch, outpacing the national average of 44%. Along with this announcement, GRA released 2021 data on their economic impact on the state, demonstrating growth from the previous year.

  • Read more about Georgia Research Alliance companies raise more than $2B in venture capital

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Recent news from SSTI Weekly Digest

Which states stand to benefit the most from the new Opportunity Zone criteria?

Thursday, November 6, 2025

Just 19% of the approximately 25,000 census tracts potentially eligible for Opportunity Zone (OZ) designation are “More likely to attract OZ investment, with larger impact,” per the Urban Institute’s new OZ Designation Tool.1 The majority (68%) of potentially eligible tracts were found to be “Less likely to attract OZ investment,” while the remaining 13% were determined likely to attract capital regardless of OZ designation.

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When disaster strikes, TBED initiatives are focusing on economic and social impacts 

Thursday, November 6, 2025

Disaster relief is not directly within the purview of technology-based economic development organizations. Nonetheless, disasters frequently impact the partners and constituents of TBED organizations and exacerbate the social determinants of economic growth. Therefore, teams of people from TBED organizations frequently choose to step up and step out of their economic development sphere and engage in societal recovery from disasters.

                                     

Roundup of 2025 off-year elections 

Thursday, November 6, 2025

This week’s 2025 off-year elections resulted in two new governors, solidified legislative Democratic majorities in New Jersey and Virginia, and the approval of significant ballot measures in California and Texas. While the gubernatorial campaigns centered on affordability and tapped into an electorate’s concerns about state and national economies, they also kick off speculation on the 2026 midterms.  

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