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In an effort to help rural citizens retain their resources and wealth, the U.S.

A recently released International Energy Agency (IEA) report states that renewables are set to account for over 90% of global electricity expansion over the next five years, with China retaining a 75-90% share in global renewable manufacturing capacity.

A recent report outlines over 100 initiatives that could boost the semiconductor industry. The Arizona Commerce Authority and Boston Consulting Group recently collaborated on a National Semiconductor Economic Roadmap (NSER) to advance semiconductor competitiveness in the United States.

In a hearing this week, lawmakers expressed bipartisan support for EDA’s innovation programs and for providing appropriations for the newly-authorized Regional Innovation and Technology Hubs. On Dec.

The Small Business Innovation Research (SBIR) program is one of the federal government's most substantial investments for moving innovation from America’s small businesses into the private market or federal procurement in areas like defense, space, energy or transportation.

Many metropolitan areas grapple with demographic shifts, labor shortages, and changing economic conditions, so understanding the factors that encourage former residents to return may help policymakers design more effective strategies for talent retention and regional revitalization.

In this final coverage of gubernatorial addresses as they discuss the innovation economy, the following highlights have been selected from State of the States or budget addresses given between Feb.

California Gov.

A recent Executive Order from the White House could jeopardize the Community Development Financial Institution (CDFI) Fund and put at risk investments in small businesses. The EO calls for the “non-statutory components and functions” of several governmental entities, among them are the CDFI and the Minority Business Development Agency, “to be eliminated ...

White House

The Senate has confirmed Michael Kratsios to serve as director of the Office of Science and Technology Policy. 

In a country marked by regional diversity, gaining insights into economic performance often means looking beyond conventional state and county boundaries to economic hubs. This edition of Useful Stats uses Bureau of Economic Analysis (BEA) data to first compare U.S. metropolitan and micropolitan GDPs broken down by industry for the last 20+ years, then consider each Metropolitan Statistical Area’s GDP by private industry, highlighting patterns and changes over the past decades.  

NOTE: The nation's community of technology-based economic development organizations is in its annual report season, and we've already seen several releases from SSTI members. All document TBED's impact on advancing research, moving it to market, and helping businesses improve their profitability and competitiveness.

As U.S. research institutions face funding uncertainty, countries and universities worldwide are launching initiatives to lure away our scientific talent:

Pennsylvania Gov.

April 16, 2025, 2:00pm EDT
Free, registration required

How one applies and has their proposal reviewed to gain a small share of the world's largest funding source for life science research is changing. The following highlights modifications affecting grant applications submitted to the National Institutes of Health for due dates on or after January 25, 2025, as posted on their Implementation of New Initiatives and Policies page.

The April 2025 issue of NBER Digest, a publication of the National Bureau of Economic Research, includes the following summary of a recent working paper. NBER grants permission to reproduce the piece here. While the research focuses on students’ experiences only in Texas, SSTI believes the findings likely could have policy value in other geographies striving to increase workers’ skill sets in an increasingly innovation driven economy.

States with economies based on resource extraction are among the least diversified in the country—they know well the boom-and-bust cycles that come with that concentration.

Gov.

Numerous reports across the country indicate the National Institute of Standards and Technology (NIST) has taken the first step toward eliminating the Manufacturing Extension Partnership (MEP) program, which, for nearly 40 years, has provided technical assistance, training, research and strategic direction to tens of thousands of small and medium manufacturers across the country. Reports vary as to whether 10 or 11 of the 51 centers across the U.S.

With President Trump’s March 31 signature on an executive order to create a United States Investment Accelerator within the Department of Commerce aimed to help expedite development of foreign and domestic manufacturing investments priced at over $1 Billion, there is concern about what impact one sentence has on the existing $52 Billion in CHIPs related deals across the country. Some of the projects have been on ice since the change of Administration. 

Imagine tapping into a talent pool already familiar with your region's culture, values, and challenges. This scenario is the core idea behind affinity recruiting, a strategy where communities and businesses actively target former residents, alums, and individuals with a genuine connection to the area. These initiatives aim to entice them for job opportunities, entrepreneurial ventures, leadership roles, or investment.

The U.S. Census Bureau’s Narrative Profiles is an online resource that presents American Community Survey (ACS) 5-year estimates as easily digestible analytic reports.

Exploring gross domestic product (GDP) at the county level offers a more detailed look at where industries are located and how they shape local economies, especially in smaller or more rural counties often overlooked at higher geographic levels.

A handful of showcase events across the country are known widely by mere nicknames, gather lots of media attention, and attract tens of thousands of people or more each year. Can a state’s lead technology-based economic development stand out in this kind of crowd? Is it worth the investment to try?