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Displaying 1201 - 1225 of 9463
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New America seeks to support novel community college workforce development programs

Thursday, August 26, 2021

New America has announced a second round of funding for their New Models for Career Preparation program, a project that aims to discover scalable principles that go into creating high-quality, non-degree programs at community colleges.

  • Read more about New America seeks to support novel community college workforce development programs

Primer considers policy options that could grow bioeconomy

Thursday, August 26, 2021

A new Congressional Research Service (CRS) primer provides an overview of the bioeconomy and offers some potential federal policy considerations for strengthening the competitiveness of the U.S. in the global bioeconomy. Although it does not cover individual sectors that contribute to the bioeconomy, it gives a broad, macro-level perspective that may aid in a general understanding of that segment of the economy. The report offers an overview of past federal and legislative bioeconomy initiatives, but notes that it is not a comprehensive compilation of those activities.

  • Read more about Primer considers policy options that could grow bioeconomy

PA creating Innovation Economy Dashboard

Thursday, August 26, 2021

The Pennsylvania Department of Community and Economic Development (DCED) in partnership with a student team at Carnegie Mellon University has developed a new Innovation Economy Dashboard that is intended to help inform policymaking decisions based on reliable data. The dashboard and an accompanying report on Pennsylvania’s Innovation Economy originated from Gov.

  • Read more about PA creating Innovation Economy Dashboard

Useful Stats: Federal S&E funding to higher ed by city, institution, and type of activity in 2019

Thursday, August 26, 2021

Understanding how federal funding for the science and engineering (S&E) activities of the nation’s institutions of higher education (IHEs) is distributed locally within states can help innovation leaders develop programs and policies tailored more carefully to the varying conditions of regional innovation economies.

  • Read more about Useful Stats: Federal S&E funding to higher ed by city, institution, and type of activity in 2019

Primer considers policy options that could grow bioeconomy

Thursday, August 26, 2021

A new Congressional Research Service (CRS) primer provides an overview of the bioeconomy and offers some potential federal policy considerations for strengthening the competitiveness of the U.S. in the global bioeconomy. Although it does not cover individual sectors that contribute to the bioeconomy, it gives a broad, macro-level perspective that may aid in a general understanding of that segment of the economy. The report offers an overview of past federal and legislative bioeconomy initiatives, but notes that it is not a comprehensive compilation of those activities.

  • Read more about Primer considers policy options that could grow bioeconomy

EDA launches $2 million STEM Talent Challenge

Thursday, August 12, 2021

The U.S. Economic Development Administration (EDA) has launched the FY 2021 $2 million STEM Talent Challenge to support programs to train science, technology, engineering, and math (STEM) talent and fuel regional innovation economies across the nation.

  • Read more about EDA launches $2 million STEM Talent Challenge

Congress begins work on $3.5 trillion human infrastructure, includes $45 billion for House science to allocate

Thursday, August 12, 2021

Early on Wednesday, the Senate passed a budget resolution that will serve as the framework for a human infrastructure bill. The current proposal is for $3.5 trillion in spending. This legislation, should it pass, seems likely to include substantial funding for regional innovation. More specifically, the Senate’s plans indicate that funding would support Regional Technology Hubs and other components of the US Innovation and Competition Act (USICA). 

  • Read more about Congress begins work on $3.5 trillion human infrastructure, includes $45 billion for House science to allocate

SBA announces new recipients of FAST awards

Thursday, August 12, 2021

Yesterday, the U.S.

Yesterday, the U.S. Small Business Administration issued 33 grant awards up to $125,000 each for specialized training, mentoring, and technical assistance for research and development (R&D)-focused small businesses under the Federal and State Technology (FAST) Partnership Program.  FAST seeks to improve outcomes in the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs for underserved communities by increasing participation from women-owned, rural-based, and socially or economically disadvantaged small businesses.

  • Read more about SBA announces new recipients of FAST awards

Useful Stats: Nearly 90 percent of all federal support to colleges and universities for science & engineering in 2019 came from just three agencies

Thursday, August 12, 2021

Federal funding is a major source of support for the science and engineering (S&E) activities of the nation’s institutions of higher education (IHEs). This week’s edition of Useful Stats shows that in 2019 (the most recent year for which data is available), the vast majority — 87.6 percent or $33.4 billion— of that federal support came from only three agencies: the Department of Health and Human Services (HHS), the National Science Foundation (NSF), and the Department of Defense (DoD).

  • Read more about Useful Stats: Nearly 90 percent of all federal support to colleges and universities for science & engineering in 2019 came from just three agencies

Regional innovation highlights in infrastructure bill

Thursday, August 5, 2021

Editor’s note: The Senate passed the Infrastructure and Investment Jobs Act on Aug. 10, 2021. This article has been updated to reflect the final amendments and new information on next steps for the legislation.

  • Read more about Regional innovation highlights in infrastructure bill

SSTI provides brief on SSBCI

Sunday, August 1, 2021

The American Rescue Plan Act provides $10 billion for the State Small Business Credit Initiative (SSBCI) as part of the national response to the coronavirus pandemic-induced recession. This funding is unlike other small business assistance programs funded during the emergency so far in that SSBCI specifically provides funds to states — at least $56 million per state — to use for their own capital access initiatives, including programs that make investments in small businesses.

  • Read more about SSTI provides brief on SSBCI

Some universities canceling student debt

Thursday, August 5, 2021

In an unexpected turn of events, some college students around the country have been logging into their accounts to check on account balances and finding them canceled. Many institutions of higher education across the country have been taking advantage of federal assistance provided through the CARES Act Higher Education Emergency Relief funds (HEERF) to cancel student debt. HEERF I, II and III represent three programs that Congress appropriated to higher education to help prevent, prepare for, and respond to coronavirus, including emergency financial grants to students.

  • Read more about Some universities canceling student debt

NSF’s 11 new AI institutes total $220M and expand reach to 40 states

Thursday, August 5, 2021

The National Science Foundation has announced the establishment of 11 new NSF National Artificial Intelligence Research Institutes, reaching a combined investment of $220 million and including a total of 40 states when adding the original seven institutes announced last year. The institutes are expected to act as connections in a broader nationwide network and will be led by NSF in partnership with the U.S.

  • Read more about NSF’s 11 new AI institutes total $220M and expand reach to 40 states

NSF commits $50M to broaden STEM participation

Thursday, August 5, 2021

The U.S. National Science Foundation has announced the establishment of five new NSF INCLUDES Alliances to enhance preparation, increase participation and ensure the inclusion of individuals from historically underrepresented groups in science, technology, engineering and mathematics education. The investment is part of an effort to address diversity, inclusion and participation challenges in STEM at a national scale.

  • Read more about NSF commits $50M to broaden STEM participation

Useful Stats: Federal support to colleges and universities for science & engineering by state and type of activity, 2019

Thursday, August 5, 2021

Developing local assets and nurturing local talent in science and engineering (S&E) is paramount to productive innovation economies. Institutions of higher education (IHEs) are arguably the most important elements of these local knowledge-capital assets — housing physical R&D infrastructure, training new scientists and engineers, and creating and disseminating new knowledge across the academic, public, and private sectors.

  • Read more about Useful Stats: Federal support to colleges and universities for science & engineering by state and type of activity, 2019

Economic development and the tipping point

Thursday, February 14, 2019

As the number of weather-related news stories increase, more Americans are recognizing the world’s climate is changing (see here and here, for instance).

As the number of weather-related news stories increase, more Americans are recognizing the world’s climate is changing (see here and here, for instance). Cold temperatures and large amounts of precipitation may hold our immediate attention (we are, after all, a culture increasingly obsessed with the short-term, instant or immediate), but a larger story is unfolding that has the scientists who have studied various aspects of climate-related issues for decades increasingly using a two-word phrase that could have terrifyingly significant repercussions if, and when, we can look back to see it is truly happening. The phrase is tipping point – that moment when certain aspects fueling climate change will fuel themselves, creating feedback loops independent of our own future behavior. 

  • Read more about Economic development and the tipping point

Useful Stats: Median Household Income by State, 1984-2018

Thursday, October 24, 2019

While rankings and annual indices are catnip for some looking to gain attention for their latest rankings, SSTI has always argued that it’s long-term trends that give the best sense of where a state or region stands. With recent release of income data, SSTI has examined the last 34 years data in median household income for each state. SSTI found that while median household income — adjusted to 2018 dollars — has risen in nearly every state and the U.S. since 1984 with an average annual rate of increase of 0.8 percent, the growth, not surprisingly, varies widely among individual states.

While rankings and annual indices are catnip for some looking to gain attention for their latest rankings, SSTI has always argued that it’s long-term trends that give the best sense of where a state or region stands. With recent release of income data, SSTI has examined the last 34 years data in median household income for each state. SSTI found that while median household income — adjusted to 2018 dollars — has risen in nearly every state and the U.S. since 1984 with an average annual rate of increase of 0.8 percent, the growth, not surprisingly, varies widely among individual states.

  • Read more about Useful Stats: Median Household Income by State, 1984-2018

Useful Stats: SBIR/STTR application success rates decreased from 2019 to 2020 at NASA

Thursday, July 22, 2021

Editor's note: SSTI discovered that NASA updated their data which was used in this article after its publication. Specifically, the update included previously omitted 2020 application and awards data for Kentucky, Maine, Mississippi, and Nevada; and 2014 data for Iowa. While the changes to the data were minute, we strive to provide the most accurate and reliable data available. As such, the article and the interactive graphic below have been updated to reflect these changes.

  • Read more about Useful Stats: SBIR/STTR application success rates decreased from 2019 to 2020 at NASA

Useful Stats: Business R&D growing more concentrated in fewer states

Thursday, October 17, 2019

Business R&D activity has been historically concentrated in a few states and became even more so in 2017, according to a National Science Foundation issue brief on the latest Business Research & Development and Innovation Survey (BRDIS).

  • Read more about Useful Stats: Business R&D growing more concentrated in fewer states

VCs invest at historic levels, but deal funnel shifting

Thursday, July 29, 2021

The PitchBook-NVCA Venture Capital Monitor for the first half of 2021 reveals that the market is set to break a number of investing records, but strikingly, the record levels of investment activity are all being set by the later stages of investment. At the other end of the funnel, activity is increasing, but not at the same pace as the overall market.

  • Read more about VCs invest at historic levels, but deal funnel shifting

$60M investment from DOE to increase energy efficiency in manufacturing goes to 32 Industrial Assessment Centers

Thursday, July 29, 2021

The U.S. Department of Energy (DOE) announced $60 million in funding for its largest-ever cohort of university-based Industrial Assessment Centers (IACs) to assist small- and medium-sized manufacturers in reducing their carbon emissions and lowering energy costs.

  • Read more about $60M investment from DOE to increase energy efficiency in manufacturing goes to 32 Industrial Assessment Centers

Defense supply chains in need of overhaul; task force recommends action

Thursday, July 29, 2021

Vulnerabilities in the international networks that supply goods and services needed for finished products used by the Department of Defense were exposed to a higher degree during the pandemic, and became the subject of a congressional Armed Services task force. The bipartisan Defense Critical Supply Chain Task Force was established to make the security of the U.S.

  • Read more about Defense supply chains in need of overhaul; task force recommends action

Examining what work could look like after the pandemic and its implications for economic development

Thursday, July 29, 2021

Falling demand for office real estate and public transit, greater need for flexible child care and requirements for reskilling are some of the insights gained into the future of Massachusetts’ workforce.

  • Read more about Examining what work could look like after the pandemic and its implications for economic development

EDA makes $3 billion available for regional economies

Thursday, July 22, 2021

Today, the Economic Development Administration (EDA) announced funding opportunities for the $3 billion Congress provided the agency in the American Rescue Plan Act. Funds are available through six distinct challenges, with separate goals and application processes/deadlines for each.

  • Read more about EDA makes $3 billion available for regional economies

Innovation Advocacy Council chair testifies on SBA programs and job creation

Thursday, July 22, 2021

Last week, SSTI’s Innovation Advocacy Council chair Ben Johnson (also of BioSTL) testified before a subcommittee of the House Committee on Small Business about the role that innovation plays in job creation and how the U.S. Small Business Administration’s (SBA) Regional Innovation Clusters (RIC) and Growth Accelerators Fund Competition (GAFC) support these efforts.

  • Read more about Innovation Advocacy Council chair testifies on SBA programs and job creation

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Recent news from the SSTI Digest

Differences in industry concentrations of VDO and VC investments

Wednesday, August 26, 2026
Data reveal that policymakers should not equate strong Venture Development Organizations (VDOs) with private venture capital companies; the purpose of creating public policy to increase the availability of innovation-centered risk capital can be lost if one presumes VCs and VDOs are the same. While there are many similarities between individual VDOs and VC funds, important differences in industry concentration emerge when the two groups are compared in aggregate, which may result in different long-term economic impacts.  Effective VDOs are important drivers of regional innovation and of pushing emerging tech businesses forward. VC, on the other hand, can play an extractive role, particularly in markets with scarce equity finance options.
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What could a “new golden age” of science mean for research and commercialization?

Wednesday, August 26, 2026
SSTI’s recent TBED Community of Practice webinar took up a practical question raised by the White House Office of Science and Technology Policy report, Science: A New Golden Age: if federal science policy shifts, what changes will universities, commercialization, and regional innovation organizations need to make? The presentation outlined a research system that could look considerably different from the one that has developed since Vannevar Bush’s Science, the Endless Frontier.
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New federal rules, both proposed and finalized, will impact small businesses

Thursday, August 27, 2026
A recent flurry of new rules, both proposed and finalized, may interest small business owners or those who advise them. The U.S. Small Business Administration (SBA) has proposed two new rules. The first, Revised Size Standards Methodology, will update SBA’s methodology for determining which businesses qualify as “small.” The second, on Small Business Size Standards, would consolidate the number of industry-specific size standards and raise size standard thresholds. 
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