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USDA Research Yields New Inventions

Wednesday, November 30, 2016

Mosquito-resistant uniforms for U.S. military personnel and a bio-refinery that turned a city landfill into an “energy park” are two new developments resulting from investments in scientific research by the U.S. Department of Agriculture.  The USDA Annual Report on Technology Transfer for FY 2015 includes new agriculture-related discoveries, inventions and processes made by USDA researchers, universities and small businesses with the potential for commercial application.

  • Read more about USDA Research Yields New Inventions

Tech Sector Affects Every Congressional District

Wednesday, November 30, 2016

The country’s competitive position in the global economy hinges on developing broad-based understanding and support for federal policies that will spur innovation and growth.  The policy discussions surrounding the high-tech economy should encompass all congressional districts, not just the iconic places like Silicon Valley, according to a report released this week by the Information Technology and Innovation Foundation (ITIF).

  • Read more about Tech Sector Affects Every Congressional District

University R&D Funding Sources Shift While Overall Level Grows

Wednesday, November 30, 2016

University research and development expenditures reached $68.8 billion in FY 2015, an increase of 2.2 percent from FY 2014, according to recently released data from the Higher Education Research and Development (HERD) Survey by the National Center for Science and Engineering Statistics within the National Science Foundation. While the bulk of the funding (55.2 percent of total R&D expenditures) comes from federal expenditures, in current dollars, federally funded R&D at universities dropped 0.2 percent from $37.96 billion to $37.88 billion in FY 2015. Meanwhile, nonfederal R&D expenditures accounted for 44.8 percent of the total in FY 2015 compared to 43.5 percent in FY 2014 growing from $29.24 billion in FY 2014 to $30.79 billion in FY 2015. The greatest increase came from the business community (which increased their funding by 7.5 percent to top $4 billion for the first time), followed by nonprofit organizations and institution funds. Universities’ own funding of R&D comprises the largest source of non-federal R&D funding, or $16.7 billion in FY 2015.

  • Read more about University R&D Funding Sources Shift While Overall Level Grows

TBED at the Border

Wednesday, November 16, 2016

Regional activities supporting innovation and entrepreneurship are reaching across U.S. borders, forming new partnerships with organizations from neighboring countries to broaden their impact and leverage their strengths. Beyond traditional trade relationships, these activities are promoting new opportunities for longer term collaborations with potential to benefit the U.S. and its neighbors.

  • Read more about TBED at the Border

STEM Education Designed to Reach Broad Audience

Wednesday, November 16, 2016

One of the greatest assets in transforming STEM education is so simple it is often overlooked: a child’s innate sense of curiosity. Harnessing that curiosity and engaging students in activities that instill a sense of wonder and discovery can help legitimize behaviors that are core to the practice of science and engineering.

  • Read more about STEM Education Designed to Reach Broad Audience

Investing in Regional Innovation Strategies

Wednesday, November 16, 2016

The U.S. Department of Commerce announced this week that 35 organizations will receive nearly $15 million in funding to create and expand cluster-focused, proof-of-concept and commercialization programs, and early stage seed capital funds through the Economic Development Administration’s (EDA) Regional Innovation Strategies (RIS) program.

  • Read more about Investing in Regional Innovation Strategies

Blockchain Tech: An Emerging Industry? (Part 2)

Wednesday, November 16, 2016

Last week, the basics of the blockchain platform as well as the potential that it presents as an emerging industry were presented in the Digest. In this week’s post, the use of blockchain platforms and applications for the fintech industry as well as other industries that could see disruption due the introduction of the blockchain are explored.

  • Read more about Blockchain Tech: An Emerging Industry? (Part 2)

States Shifting to Clean Energy See Progress

Wednesday, November 16, 2016

An increase in electricity generation from renewable energy sources and policies driving a shift to clean energy are revealed in a new report from the Georgetown Climate Center that highlights 19 states’ progress toward a cleaner and more efficient electricity system. Progress includes a 40 percent increase in wind energy capacity nationally, and a 577 percent increase in solar capacity growth between 2011 and 2014.

  • Read more about States Shifting to Clean Energy See Progress

Engineering Job Mismatch Spurs Study

Wednesday, November 16, 2016

More than 40 percent of people trained as scientists and engineers indicate they are either working outside their field of study or working in a field only somewhat related, according to a recent study. Findings reveal that the majority of those working outside their academic major choose to do so voluntarily, and they are more likely to become entrepreneurs. Less than 25 percent of educational mismatches occur because of labor market conditions. Instead, workers are choosing different jobs due to changing career interests or family obligations.

  • Read more about Engineering Job Mismatch Spurs Study

An Agenda for President-elect Trump to Move America Toward an Innovation Economy

Thursday, November 10, 2016

President-elect Donald Trump made strong appeals during his campaign to restore economic opportunity for workers, particularly those displaced by changes in the manufacturing and energy sectors. An economy driven by transforming America’s scientific research into good-paying jobs and high-growth businesses would deliver on the promises Trump made to voters. SSTI has a policy agenda to provide entrepreneurs and investors with the support they need to make this transition to an innovation economy.

  • Read more about An Agenda for President-elect Trump to Move America Toward an Innovation Economy

EDA Awards Nearly $35M for Economic Prosperity in Several States, Coal-Impacted Communities

Wednesday, November 16, 2016

Over the last two months, the Economic Development Administration (EDA) has made nearly $35 million in investments intended to spur economic prosperity across the country including nearly $28 million for communities impacted by transformations in the energy industry. These efforts are intended to unlock the potential of regional assets including community members, local institutions of higher education, and regional industies by funding entrepreneurship, innovation, research and development (R&D) activities, and other capacity-building efforts.

  • Read more about EDA Awards Nearly $35M for Economic Prosperity in Several States, Coal-Impacted Communities

Recent Research: Local Impacts of Federal R&D Investments

Thursday, November 10, 2016

As the United States undergoes a political transition, much remains to be seen in how the Trump Administration will approach the economy. One way to support economic development on both a federal and regional level is by leveraging research and development. Building capacity for scientific research is an underlying principle of the Innovative Science and Technology for Economic Prosperity (iSTEP) model – a comprehensive policy platform for converting the United States’ strength in R&D into greater economic prosperity – which has received bipartisan support from an overwhelming majority of voters. Roughly three-fourths of prospective voters in the 2016 presidential election support increasing federal funding for research, according to bipartisan polling supported by the Innovation Advocacy Council, an initiative of SSTI. Recent research also shows that scientific R&D grants distributed at the federal level can have significant effects on regional economies.

  • Read more about Recent Research: Local Impacts of Federal R&D Investments

Economic and Education Ballot Measures Get Mixed Results

Thursday, November 10, 2016

Bond issues supporting higher education goals got mixed results in Tuesday’s election. A bond issue in Rhode Island to be used for the renovation and construction of the University of Rhode Island’s College of Engineering buildings was a winner in this year’s election, receiving 59.3 percent approval. The bond issue that would have created the Montana Biomedical Research Authority was not as lucky, with 56.9 percent of voters there rejecting the measure.

  • Read more about Economic and Education Ballot Measures Get Mixed Results

New Faces in Gubernatorial Offices

Thursday, November 10, 2016

Twelve gubernatorial seats were up for election Tuesday, five of which were held by incumbents seeking reelection. Four of those – Montana Gov. Steve Bullock (D), Oregon Gov. Kate Brown (D), Utah Gov. Gary Herbert (R) and Washington Gov. Jay Inslee (D) – were reelected for second terms. In North Carolina, Democratic candidate and State Attorney General Roy Cooper has a lead of less than one percent over incumbent Gov. Pat McCrory. Gov. McCrory has not conceded and the result is pending a canvass of votes, which may not be complete until November 18.

  • Read more about New Faces in Gubernatorial Offices

Governors' Races: TBED Overview

Thursday, October 27, 2016

Twelve states have gubernatorial races in this year’s elections. After Indiana Gov. Mike Pence was recruited for the vice presidential ballot, Indiana voters have current Lt. Gov. Eric Holcomb on the ballot as the Republican candidate for governor. Some states have incumbent governors seeking re-election, including Montana, North Carolina, Oregon, Utah and Washington.

  • Read more about Governors' Races: TBED Overview

Blockchain Tech: An Emerging Industry?

Thursday, November 10, 2016

In a special feature this week, SSTI will examine a developing technology advancement that has been increasingly drawing public attention. This is the first of a two-part series examining blockchain and its implications for business and industry, with today’s story focusing on the technology, while next week will focus on its applications and challenges.

  • Read more about Blockchain Tech: An Emerging Industry?

Annual Conference Wrap: Grappling with Challenges, Calls to Action

Thursday, November 10, 2016

As you are likely aware, SSTI’s 2016 Annual Conference took place last week in Columbus, OH. The theme of Innovation with Purpose: Shaping Future Opportunities was addressed throughout the agenda, and people were particularly struck by the need to better-orient programs and services to address “Innovation’s Blindspot,” as defined during the keynote talk delivered by Ross Baird of Village Capital. During other moments in the conference, such as policy-focused discussion groups and sessions on improving metrics and communications, attendees were directly called to take actions that would benefit their programs and customers, as well as the innovation community as a whole.

  • Read more about Annual Conference Wrap: Grappling with Challenges, Calls to Action

U.S. R&D Reaches Record High of $499B in 2015, NSF Estimates

Thursday, November 10, 2016

The National Science Foundation (NSF) estimates that U.S. research and development (R&D) funding reached an all-time high of $499.3 billion in 2015 – an increase of approximately $21.6 billion over 2014 levels ($477.7 billion). The $21.6 billion increase marks the third time in three years that overall U.S. R&D funding grew by more than $20 billion – $20.4 billion in 2013 and $21.1 billion in 2014.

  • Read more about U.S. R&D Reaches Record High of $499B in 2015, NSF Estimates

NATIONAL AWARD OF EXCELLENCE PRESENTED TO FOUR ORGANIZATIONS ADVANCING REGIONAL PROSPERITY AND INNOVATION

Monday, November 7, 2016

Columbus, OH – Celebrating the 10th anniversary of its Excellence in Technology Based Economic Development awards, SSTI today announced four winners driving prosperity in their states and regions through innovative approaches to growing their economies and creating high-paying jobs.

  • Read more about NATIONAL AWARD OF EXCELLENCE PRESENTED TO FOUR ORGANIZATIONS ADVANCING REGIONAL PROSPERITY AND INNOVATION

DOE Announces Third Round Small Business Voucher Pilot Program

Thursday, October 27, 2016

The Department of Energy’s (DOE) Office of Energy Efficiency and Renewable Energy (EERE) has launched the third round of the Small Business Vouchers (SBVs) pilot program.

  • Read more about DOE Announces Third Round Small Business Voucher Pilot Program

White House National S&T Council Addresses Future Artificial Intelligence R&D, Public Policy

Thursday, October 27, 2016

As artificial intelligence (AI) is expected to become an increasingly large contributor to future U.S. economic growth, policymakers must be thoughtful about the technology’s implications related to federal R&D strategy, societal benefits, and public policy, according to two recently released reports authored by the National Science and Technology Council (NSTC) Subcommittee on Machine Learning and Artificial Intelligence.

  • Read more about White House National S&T Council Addresses Future Artificial Intelligence R&D, Public Policy

Economic Development Ballot Initiatives

Thursday, October 27, 2016

While economic development issues have been taking a back seat to other discussions surrounding the presidential election, two state ballot initiatives address these issues directly and several other states feature educational initiatives. Engineering facilities at the University of Rhode Island and biomedical research in Montana would advance if ballot initiatives in those states pass on November 8.

  • Read more about Economic Development Ballot Initiatives

TBED Practitioners Gather in Columbus

Thursday, October 27, 2016

In less than a week, about 300 professionals, stakeholders, policymakers, and others working to encourage economic prosperity through science, technology, innovation and entrepreneurship will gather in Columbus to hear and share the latest news, trends and advancements at the SSTI Annual Conference. It is fitting that the conference is being held in Columbus this year, as the city itself is being recognized for its activity and growth. Columbus recently was named by Money magazine as the Best in the Midwest in their Best Big Cities ranking. It also placed first in the Midwest for visitor satisfaction and in the top 10 overall, according to another recent survey.

  • Read more about TBED Practitioners Gather in Columbus

States Explore Ways to Expand Computer Science Initiatives

Thursday, March 10, 2016

A computer science education is viewed as a valuable prerequisite for many technology jobs, and, as a result, policymakers are responding to make these programs more ubiquitous. In January, the Obama administration announced his $4 billion Computer Science For All proposal, a nationwide effort to help all students from kindergarten through high school learn computer science.

  • Read more about States Explore Ways to Expand Computer Science Initiatives

Cancer Moonshot Requires Funding Infusion

Thursday, October 20, 2016

While progress has been made, challenges remain in the goal to advance cancer research, according to the “Cancer Moonshot” report Vice President Joe Biden delivered to the White House on Monday. The “Cancer Moonshot” is the current administration’s effort to accelerate 10 years’ worth of progress in cancer prevention, diagnosis and treatment into just five. The Washington Post detailed remaining challenges, including a lack of coordination among researchers, outdated funding cultures and slow dissemination of information regarding new treatments. The White House has urged Congress to approve $1 billion in funding for the effort, along with money for other health initiatives and the National Institutes of Health.

  • Read more about Cancer Moonshot Requires Funding Infusion

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Recent news from the SSTI Digest

Recent Research: How can states ensure effectiveness of R&D incentives?

Thursday, January 8, 2026

State R&D incentive programs such as tax credits are widely used to stimulate innovation, attract investment, and support long-term economic growth. But how do we know which programs truly increase R&D activity rather than simply subsidizing what companies would have done anyway?

recent research
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Useful Stats: Higher education R&D expenditures reach $117 billion in FY 2024

Thursday, January 8, 2026

Higher Education R&D expenditures jumped 8%, or nearly $9 billion, from fiscal year (FY) 2023 to 2024, reaching an all-time high of over $117 billion, reveals new Higher Education R&D (HERD) survey data. The funding sources of HERD expenditures remain proportionally unchanged from the prior year, with all sources increasing, and the federal government ($5 billion) and institution funds ($2.5 billion) accounting for the largest dollar increases.

useful stats
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TBED Works: MTI delivers on economic growth by supporting early-stage companies in targeted sectors

Thursday, January 8, 2026

The Maine Technology Institute’s core mission is to use innovation to spur the development of new products, processes, and companies that strengthen the state’s economy. Finishing its 25th year of operations, MTI solidly illustrates how a sustained, focused yet flexible and creative strategy can deliver this mission. MTI has disbursed $387 million across 4,350 distinct projects throughout Maine since its founding, and that funding has leveraged over $2.2 billion in private sector matching investment. 

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