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ETA Announces $100M to Support Workforce Development in High-Need Tech Occupations, Industries

Thursday, November 19, 2015

The Employment and Training Administration (ETA) announced approximately $100 million in grant funds for the TechHire partnership grant program. The ETA anticipates that it will make up to 35 grants to support  pilot and scale public-private workforce development partnerships that can rapidly train workers for and connect them to well-paying, middle- and high-skilled, and high-growth jobs across a diversity of H-1B industries such as Information Technology (IT), healthcare, advanced manufacturing, financial services, and broadband.

  • Read more about ETA Announces $100M to Support Workforce Development in High-Need Tech Occupations, Industries

MEP national network FY 2022 impacts include more than 116,000 retained or created jobs, $18.8B in new or retained sales

Thursday, February 16, 2023

The NIST (National Institute of Standards and Technology) Manufacturing Extension Partnership (MEP), a national public-private partnership initiative within the US.

  • Read more about MEP national network FY 2022 impacts include more than 116,000 retained or created jobs, $18.8B in new or retained sales

EDA seeks feedback on program design for Tech Hubs

Thursday, February 16, 2023

The Economic Development Administration (EDA) recently issued a Request for Information (RFI) on the Regional Technology and Innovation Hub (Tech Hubs) program.

The Economic Development Administration (EDA) recently issued a Request for Information (RFI) on the Regional Technology and Innovation Hub (Tech Hubs) program. The RFI will help the agency gather information from stakeholders to inform the design and administration of Tech Hubs designation, planning, and implementation awards.

  • Read more about EDA seeks feedback on program design for Tech Hubs

EPA announces parameters for $27 billion clean energy investment grant competition

Thursday, February 16, 2023

The U.S. Environmental Protection Agency (EPA) has announced initial guidance on the design of the Greenhouse Gas Reduction Fund (GGRF) program, created under the Inflation Reduction Act. EPA published two Federal Assistance Listings outlining key parameters of the grant competitions that will ultimately award nearly $27 billion to leverage private capital for clean energy and clean air investments across the country.

  • Read more about EPA announces parameters for $27 billion clean energy investment grant competition

Innovation-related congressional committees see new members

Thursday, February 9, 2023

Editor's note: The Senate appropriations subcommittees were formally updated after this article originally published. They have been updated to reflect new assignments.

  • Read more about Innovation-related congressional committees see new members

White House Launches Decade-Long Supercomputing Initiative to Meet Big Data Challenges

Thursday, July 30, 2015

On Wednesday, President Obama launched a new National Strategic Computing Initiative (NSCI) by executive order. The multi-agency effort will seek partnerships with academia and industry to build high-performance computing systems capable of exascale processing and more than 10 times as fast as existing supercomputers.

  • Read more about White House Launches Decade-Long Supercomputing Initiative to Meet Big Data Challenges

NSF announces new $60 million program for academic institutions to scale the translation of research

Thursday, February 9, 2023

The U.S. National Science Foundation announced a new $60 million investment led by NSF's Directorate for Technology, Innovation and Partnerships — the Accelerating Research Translation, or ART, program. The program will build capacity and infrastructure at higher education institutions that are needed to strengthen and scale the translation of basic research outcomes into impactful solutions and practice.

  • Read more about NSF announces new $60 million program for academic institutions to scale the translation of research

Commerce talks timeline for semiconductor, CHIPS funding

Thursday, February 9, 2023

This week, the U.S. Department of Commerce updated its timeline for funding opportunities that support semiconductor and related manufacturing, as well as relevant R&D facilities. The department still intends, as first stated in its strategic plan last fall, to make funding for chip fabrication facilities available later this month.

  • Read more about Commerce talks timeline for semiconductor, CHIPS funding

Higher ed freshman enrollment increases but total enrollment still down

Thursday, February 9, 2023

Although freshman enrollment in higher education increased 4.3% in fall 2022 compared to the previous year, total enrollment declined by 0.6% and still remains below pre-pandemic levels. Total enrollment of both undergraduate and graduate levels is down about 1.11 million students (5.8%) compared to fall 2019. Freshman enrollment in community colleges, which had taken a greater hit during the pandemic, is up 6.1% over fall 2019.

  • Read more about Higher ed freshman enrollment increases but total enrollment still down

Resources available: SSTI webinar featuring federal funding opportunities to help regional innovation economies

Thursday, February 2, 2023

On Tuesday, Feb. 1, SSTI’s new TBED Community of Practice hosted its first webinar as part of a multi-year effort to build capacity among Economic Development Administration (EDA) grantees to achieve greater impacts and strengthen the overall practice of technology-based economic development (TBED). Webinar participants learned about new funding sources and how they can support regional innovation economies.

  • Read more about Resources available: SSTI webinar featuring federal funding opportunities to help regional innovation economies

Strengthening place-based innovation ecosystems: DOE opens request for information

Thursday, February 2, 2023

The U.S. Department of Energy (DOE) requests input from stakeholders on place-based innovation activities leveraging research institutions, such as (but not limited to) DOE’s national laboratories and sites. Feedback collected as part of this RFI will inform DOE’s future program planning and development efforts. The RFI is an opportunity to provide input on how DOE can catalyze and sustain place-based ecosystems across the country.

  • Read more about Strengthening place-based innovation ecosystems: DOE opens request for information

DOE encourages 33 groups to proceed on hydrogen hubs

Thursday, February 2, 2023

This past December, the U.S. Department of Energy (DOE) sent out letters of encouragement, or discouragement, to applicants in the competition for up to $7 billion in federal funding to support the development of regional hydrogen hubs. Of the 79 original applicants, 33 were advised to move forward with writing a full application.

  • Read more about DOE encourages 33 groups to proceed on hydrogen hubs

Webinar: Federal TBED Funding: CHIPS & the FY23 budget

 

Description

  • Read more about Webinar: Federal TBED Funding: CHIPS & the FY23 budget

Useful Stats: 20-Year Change in US Real GDP per capita, 2002-2021

Thursday, February 2, 2023

From 2002-2021 (the last 20 years for which data is available), the total U.S. real gross domestic product (GDP adjusted for inflation, or Real GDP) increased by approximately 45%, from $13.5 trillion to $19.6 trillion in chained 2012 dollars. On a per capita basis, county-level real GDP increased by an average of 36% over the past 20 years, with a range of growth from -77% (Brooks County, Texas) to 3,950% (Culberson County, Texas).

  • Read more about Useful Stats: 20-Year Change in US Real GDP per capita, 2002-2021

SCRA reports over $1.15B in economic impact to state’s economy

Thursday, February 2, 2023

The South Carolina Research Authority (SCRA) had an economic impact of over $1.15 billion in FY 2022, through follow-on funding, grants awarded, investments made by affiliate SC Launch Inc, job support and more,  according to their annual report. This total is an increase of almost 15% from their economic impact in FY 2021. The report was compiled by SCRA with assistance on the economic impacts provided by the University of South Carolina Darla Moore School of Business. 

  • Read more about SCRA reports over $1.15B in economic impact to state’s economy

SSTI members host regional entrepreneurship policy meetings

Thursday, January 26, 2023

Five SSTI member organizations — Conductor, Nebraska Business Development Center, University of Louisville, University of South Alabama, and Verge — were awarded micro grants by SSTI to host policy meetings with state and local officials in their regions about the needs of innovation-driven entrepreneurs. The awards were made possible thanks to a project with the Ewing Marion Kauffman Foundation. In total, the seven meetings held by these groups connected dozens of entrepreneurs and support organizations with federal, state and local elected officials, program administrators and staff.

  • Read more about SSTI members host regional entrepreneurship policy meetings

DOL Announces $450M in Grants to Support Community College Educational Initiatives that Meet Workforce Needs of Regional Industries

Thursday, October 2, 2014

The Department of Labor (DOL) announced that it will award $450 million in job-driven training grants to nearly 270 community colleges across the country via the Trade Adjustment Assistance Community College and Career Training (TAACCCT) competitive grant program, which is co-administered by the DOL and Department of Education. The awards are to support community college-industry partnerships that will expand and improve education and career training programs offered at community colleges across the country.

  • Read more about DOL Announces $450M in Grants to Support Community College Educational Initiatives that Meet Workforce Needs of Regional Industries

Microbusinesses performed $5.6 billion of US R&D in 2020

Thursday, January 26, 2023

Microbusinesses (businesses with 1-9 domestic employees) spent $7.5 billion in both domestic and foreign R&D expenditures or costs in 2020, of which $6.7 billion was in the U.S. Of this total, $5.6 billion was performed by microbusinesses themselves, according to the National Center for Science and Engineering Statistics (NCSES) and data from the Annual Business Survey (ABS). The $5.6 billion performed by U.S.

  • Read more about Microbusinesses performed $5.6 billion of US R&D in 2020

Breakdown of federally financed higher-ed R&D for FY 2021

Thursday, January 26, 2023

A previous Digest article gave a broad overview of the most recent survey of Higher Education Research and Development (HERD) for FY 2021 (the most recent data available), including a breakdown of what field of studies receive the most R&D funding.

  • Read more about Breakdown of federally financed higher-ed R&D for FY 2021

DOL, SBA Announce Funding to Support Regional Industries to Compete in Global Economy

Wednesday, April 23, 2014

The Department of Labor (DOL) and the Small Business Administration (SBA) recently announced programs that will provide financial support to help states and regions assist key industries and small businesses compete in the global economy through the development of regionally focused workforce development and export assistance programs.

  • Read more about DOL, SBA Announce Funding to Support Regional Industries to Compete in Global Economy

New census tract data affects CDFI certification, SSBCI eligibility and more

Thursday, January 19, 2023

The U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund released a file and map summarizing core economic data for each census tract. Policymakers and practitioners should be aware of these changes for both what the data reveal about local economic trends and the impact the changes could have on future program eligibility.

  • Read more about New census tract data affects CDFI certification, SSBCI eligibility and more

State Department creates new office to address rising innovations in technology

Thursday, January 19, 2023

The U.S. Department of State established a new office intended to develop and coordinate critical and emerging technology foreign policy, including biotechnology, advanced computing, artificial intelligence, and quantum information technologies.  The Office of the Special Envoy for Critical and Emerging Technology began operations Jan. 3. The office will offer policy expertise in technology, diplomatic leadership, and strategic direction for the department.

  • Read more about State Department creates new office to address rising innovations in technology

Useful Stats: 1 and 3-year analysis of county-level US RGDP per capita

Thursday, January 19, 2023

This edition of Useful Stats takes a high-level look at the United States’ change in Real Gross Domestic Product (RGDP, which is GDP adjusted for inflation) on a per capita basis for each of its counties, boroughs, parishes, etc. (hereon referred to as “counties”). Looking at RGDP per capita allows for an inflation adjusted, population standardized metric for comparing counties over time.

  • Read more about Useful Stats: 1 and 3-year analysis of county-level US RGDP per capita

Highlights from the President's FY15 Department of Labor Budget Request

Wednesday, March 5, 2014

The president’s FY15 budget would provide $11.8 billion in discretionary funding for the Department of Labor (DOL), a 1.9 percent decrease from FY14 enacted levels. In addition, the administration’s Opportunity, Growth and Security Initiative (OGSI) would provide $2.4 billion not accounted for in the departmental budget to expand the agency’s workforce training and apprenticeship programs. Most DOL programs related to high-tech and manufacturing industries reside within the department’s Employment and Training Administration (ETA), which would receive $3.3 billion (3.4 percent increase).

  • Read more about Highlights from the President's FY15 Department of Labor Budget Request

DOL Announces $150M Ready to Work Partnership Grant Competition

Wednesday, February 26, 2014

The Department of Labor announced it will commit up to $150 million to the Ready to Work Partnership grant competition — a program that supports and scales innovative  public-private partnerships to build a pipeline of talented U.S. workers in middle- and high-skill jobs.

  • Read more about DOL Announces $150M Ready to Work Partnership Grant Competition

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Recent news from the SSTI Digest

Recent Research: What makes place-based economic development policies work?

Wednesday, September 9, 2026
Place-based economic development is back near the center of federal policy, from Opportunity Zones to the CHIPS and Science Act. That renewed attention comes with a familiar problem: decades of enterprise zones, tax incentives, infrastructure investments, and other geographically targeted programs have produced results that are hard to summarize cleanly. In a new NBER working paper, Matthew Freedman and David Neumark ask the better question: not simply whether or not these policies work, but under what conditions they might work, for whom, and why. Their review points to a practical conclusion: policy design matters and targeting a distressed community with development-focused financial incentives is rarely enough on its own.
economic development

A BBBRC grant builds momentum for a highly trained semiconductor workforce

Wednesday, September 9, 2026
For the civic leaders of Osceola County, the Great Recession of 2008 made clear that they could not base their economy so heavily on travel and tourism. By the time COVID-19 hit in 2020, they knew the steps they had taken to diversify their economy were the right ones. When the Build Back Better Regional Challenge (BBBRC) opportunity arose in 2021, the county and its partners were well-positioned to operationalize the benefits the grant presented to the region and create a trained workforce for a recently attracted semiconductor industry. How did Osceola County get here? There are potential approaches to emulate by more areas of the county dependent on low-wage sectors like tourism or, for that matter, extraction-focused regions subject to “boom and bust.” 
semiconductors
workforce

The impact of tax incentives on early-stage company investment varies

Wednesday, September 9, 2026
One persistent question in economic development policy is how incentives impact private sector investment decisions. Recent and ongoing research from Murillo Campello and Guilherme Junqueira of the University of Florida, published in the National Bureau of Economic Research working paper series, explores the impact of the Qualified Small Business Stock (QSBS) program on venture capital risk-taking. The researchers found that the availability of QSBS tax benefits strongly influences venture capital investment behavior, specifically in traditionally structured venture capital funds. They also found no similar behavior among angel or corporate investors, an insight that may hold important program design and policy lessons for the TBED community. 
tax incentives
investing
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