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Census Bureau expands institutional participation for Post-Secondary Education Outcomes

Thursday, April 9, 2020

Despite having no coordinated outreach and growth strategy, the Census Bureau’s Longitudinal Employer-Household Dynamics (LEHD) program has increased university participation in its Post-Secondary Education Outcomes (PSEO) survey — which illuminates the employment and earnings outcomes of graduates as well as what industries they work in and which region of the country they live in after graduation — and is already in the process of negotiating a significant expansion for the next wave.

Despite having no coordinated outreach and growth strategy, the Census Bureau’s Longitudinal Employer-Household Dynamics (LEHD) program has increased university participation in its Post-Secondary Education Outcomes (PSEO) survey — which illuminates the employment and earnings outcomes of graduates as well as what industries they work in and which region of the country they live in after graduation — and is already in the process of negotiating a significant expansion for the next wave. Originally developed in partnership with the University of Texas System, the program has grown to include the Colorado Department of Higher Education, the University of Michigan-Ann Arbor, and the University of Wisconsin-Madison — bringing the total number of participating institutions to 47. The Census Bureau is currently negotiating agreements with university systems and state departments of higher education in Arizona, Indiana, New York (SUNY and CUNY systems), Ohio, Texas (Higher Education Coordinating Board), Utah, and Virginia.

  • Read more about Census Bureau expands institutional participation for Post-Secondary Education Outcomes

Commentary: Federal priorities to address the national emergency

Thursday, April 2, 2020

COVID-19 has generated an economic crisis that is, thankfully, unique to our lifetimes. If we are to recover efficiently as a country, then the policy response must be similarly unique, addressing multiple needs along different time scales. Many people are looking to the Great Recession for lessons on how to move forward, but there are critical contrasts between the two crises that have important implications for the solutions we should consider.

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States dealt blow with pandemic

Thursday, April 2, 2020

In general, the effect of the pandemic on states’ budgets due to the wave of business, retail, and commerce shutdowns, as well as other reduced economic activity across the nation, is not entirely known, or too early to forecast; however, a number of states are beginning to experience the initial impacts of a substantial downturn. With several states having already enacted their 2020-21 budgets, special sessions are expected later this year to deal with declining revenues. Others ended sessions early without a new fiscal year spending plan in place.

  • Read more about States dealt blow with pandemic

USDA seeking input on agricultural innovations

Thursday, April 2, 2020

The U.S. Department of Agriculture announced it is seeking comments and suggestions on objectives and opportunities leading to research goals and informed product goals to facilitate transformative breakthroughs that would help the department increase agricultural production by 40 percent by 2050 while cutting the environmental footprint of U.S. agriculture in half.

  • Read more about USDA seeking input on agricultural innovations

Kauffman Foundation releases second report on new Indicators of Entrepreneurship

Thursday, April 2, 2020

Leveraging new data from the Census Bureau, the Kauffman Foundation recently released the second part of its new Indicators of Entrepreneurship series.

Leveraging new data from the Census Bureau, the Kauffman Foundation recently released the second part of its new Indicators of Entrepreneurship series. This report focuses on the foundation’s New Employer Business indicators — a subset of the Early-State Entrepreneurship indicators provided in Kauffman’s first report of the series in September 2019 — meant to illuminate trends in the emergence of new businesses with employees and the time it takes for these companies to make their first payroll. The series replaces the Kauffman Index of Entrepreneurship series.

  • Read more about Kauffman Foundation releases second report on new Indicators of Entrepreneurship

US Census participation vital, but lagging

Thursday, April 2, 2020

With congressional apportionment along with federal funds, grants and support to states, counties and communities on the line, the U.S. Census count is vital to every community. But the 2020 decennial count has hit another roadblock with lagging participation and a delay in outreach efforts.

With congressional apportionment along with federal funds, grants and support to states, counties and communities on the line, the U.S. Census count is vital to every community. But the 2020 decennial count has hit another roadblock with lagging participation and a delay in outreach efforts. Due to national social distancing guidelines and some states’ stay-at-home orders prompted by the COVID-19 outbreak, “Census Day,” originally scheduled for April 1, was recently postponed until at least April 15. The U.S. Census Bureau uses the day to kick-off in-person counting and outreach efforts, a huge component of the 2020 count.

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Innovations solving higher education challenges

Thursday, March 9, 2017

In a world where disruptive innovation can change an entire industry, higher education has remained largely unaffected, according to a recent paper from The Christensen Institute. Innovations in higher education traditionally have centered on changes that allowed the industry to remain competitive and meet new challenges by pushing forward along established trajectories, such as building new buildings or adding new majors. But with technological changes moving deeper into the higher education field, traditional institutions are facing a greater challenge. As those institutions face rising tuition costs, declining state support and affordability issues due to weak wage growth, their business model is vulnerable to threats from larger disruptions. How they choose to respond may determine their future success.

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Resources for small business in dealing with COVID-19

Thursday, March 26, 2020

The fallout from COVID-19 is growing as unemployment numbers skyrocket, small businesses are faced with closures, and employers try to protect both their business and employees. A just-released national study conducted by America’s Small Business Development Centers (SBDC) and Thryv Inc.,  found that 69 percent of U.S. small businesses have already experienced a large drop in demand due to the coronavirus pandemic and 60 percent believe demand will continue to decline.

The fallout from COVID-19 is growing as unemployment numbers skyrocket, small businesses are faced with closures, and employers try to protect both their business and employees. A just-released national study conducted by America’s Small Business Development Centers (SBDC) and Thryv Inc.,  found that 69 percent of U.S. small businesses have already experienced a large drop in demand due to the coronavirus pandemic and 60 percent believe demand will continue to decline. States, too, have seen their budget situations take a dramatic turn and universities have had to send students home. Below you will find some of the resources available to businesses and universities in dealing with COVID-19 pressures, as well as new funding opportunities from federal agencies for those seeking assistance. For more information on how states are responding, several organizations are posting daily updates and are referenced below. 

The resources listed are divided into help for small businesses, updates on states' reactions, and federal resources. Please click through on the read more link for a brief synopsis of each resource followed by more information below the bulleted list. 

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Congress passes $2 trillion emergency aid package

Thursday, March 26, 2020

The third package of emergency assistance related to COVID-19 is currently making its way through Congress, having passed the Senate last night and being expected to pass the House tomorrow. The legislation includes additional emergency loans and tax credits for retaining employees, as well as near-term aid for individuals, small businesses, and some of the most affected industries. While relatively little assistance is directly relevant to science- and innovation-related business development, many broader small business provisions can still be of assistance to these companies.

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OMB provides guidance on flexibility for federal grant funding

Thursday, March 26, 2020

Just days after the first reported US death from COVID-19, federal grant recipients capable of performing essential research and services related to COVID-19 were provided with additional flexibilities to the terms of their contracts and supplied with additional administrative resources to pivot their efforts towards combatting the virus.

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Manufacturers needed in COVID-19 response

Thursday, March 19, 2020

The White House has reached out to the National Association of Manufacturers to seek volunteers who can donate and provide and/or produce within two weeks large-scale quantities of critical supplies to help the nation respond to the COVID-19 pandemic. Those that may have the ability to produce needed supplies are urged to respond to the survey found here.

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Report: Nearly half of small businesses not ready for two-week slowdown

Thursday, March 19, 2020

A report released last fall on the financial stability of U.S. small businesses in 25 metros has been given new context as attempts to slow the coronavirus pandemic have brought a majority of in-person commerce to a halt across communities, the country, and the globe.

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The growing college wealth divide — a quick look

Thursday, March 19, 2020

While the income benefits of a college education receive frequent attention, a recent article from the Federal Reserve Bank of St. Louis highlights the importance of a college degree for wealth accumulation. The average wealth for a college-educated household has tripled since the 1970s, while wealth for households without degrees have remained stagnant. These divergent trends in economic well-being are further evidence of the growing inequality among Americans, and the rising importance of education to staying ahead of this divide.

  • Read more about The growing college wealth divide — a quick look

Pandemic upends states’ legislative sessions

Thursday, March 19, 2020

Postposed primary elections, shuttered schools, sheltering in place orders and millions of workers shifting to home offices while others are displaced completely — the COVID-19 pandemic is radically altering the way of life for the country. States, too, are scrambling to respond to the pandemic while dealing with ongoing legislative sessions and budget negotiations. Some of those responses are detailed here.

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NIST seeking pathways for including non-federal manufacturing centers in national network

Thursday, March 12, 2020

The National Institute of Standards and Technology (NIST) is seeking to expand the network of Manufacturing USA centers for innovation, providing pathways for participation from external industry organizations, according to a recent notice in the Federal Register.

  • Read more about NIST seeking pathways for including non-federal manufacturing centers in national network

SEC proposes changes to exempt offerings including crowdfunding

Thursday, March 12, 2020

The U.S. Securities and Exchange Commission (SEC) recently proposed rule changes that aim to make fundraising easier for new companies, including by expanding crowdfunding’s applicability and allowing for “demo day” communications. The changes target three particular methods of exemptions: Regulation A, Rule 504 of Regulation D, and Regulation Crowdfunding.

  • Read more about SEC proposes changes to exempt offerings including crowdfunding

Biotech industry diversity examined

Thursday, March 12, 2020

The biotechnology industry has made progress in increasing representation, especially in pre-revenue, smaller and private companies, however, diversity and inclusion programming is still in the nascent stages at most companies responding to a survey by the Biotechnology Innovation Organization (BIO).

  • Read more about Biotech industry diversity examined

NIH activates new funding vehicle for COVID-19 R&D, other measures seek more information

Thursday, March 12, 2020

For the first time and in response to the COVID-19 outbreak, the National Institute of Allergy and Infectious Diseases (NIAID) together with the National Institute of General Medical Sciences (NIGMS) has activated the NIH Urgent Award mechanism. The targeted opportunity is intended to provide funds for NIH grantees applying to expand the scope of their active grant.

  • Read more about NIH activates new funding vehicle for COVID-19 R&D, other measures seek more information

.ORG management change could double URL fees

Thursday, March 12, 2020

Organizations using a web address ending in .ORG should be aware of an upcoming change affecting website registrations. In brief, the nonprofit manager of the .ORG top-level domain is requesting permission from ICANN, which is ultimately responsible for domain registration, to a private equity firm.

  • Read more about .ORG management change could double URL fees

Is every job a STEM job?

Thursday, March 5, 2020

STEM and the American Workforce, a new report backed mostly by science associations, points to STEM jobs as one-third of direct employment, two-thirds of total employment, and 69 percent of America’s GDP. The authors highlight that 60 percent of STEM jobs are filled by people without bachelor’s degrees.

  • Read more about Is every job a STEM job?

NYT declares tech “humbled” but overreaches on underlying data

Thursday, March 5, 2020

A recent New York Times article points to high-profile stumbles by tech startups, particularly underwhelming IPOs by billion-dollar companies and thousands of people laid-off, and declares “start-up bloom deflates, tech is humbled.” As SSTI expressed concern abou

  • Read more about NYT declares tech “humbled” but overreaches on underlying data

New reports bolster broadband data, provide tactics for successful state broadband expansion

Thursday, March 5, 2020

Two new reports, one from the National Association of Counties (NACO) and the other from the Pew Charitable Trusts, provide new data on the gaps in access to broadband and some tactics for how states can effectively develop their broadband expansion projects.

Two new reports, one from the National Association of Counties (NACO) and the other from the Pew Charitable Trusts, provide new data on the gaps in access to broadband and some tactics for how states can effectively develop their broadband expansion projects.

  • Read more about New reports bolster broadband data, provide tactics for successful state broadband expansion

Momentum builds for $50 million Regional Innovation program in FY 2021

Thursday, March 5, 2020

Nine national, nonprofit think tanks and innovation-focused associations have written a letter urging the Commerce-Justice-Science (CJS) appropriations subcommittees to provide $50 million in FY 2021 for Regional Innovation Strategies (RIS; now Build-to-Scale). Similarly, 50 current and former awardees have written to ask Congress to continue expanding the program’s support. These efforts follow dozens of meetings between SSTI members and congressional offices early last month.

  • Read more about Momentum builds for $50 million Regional Innovation program in FY 2021

Aging states face greater economic constraints

Thursday, March 5, 2020

As the country’s working age demographic continues to get older, state budgets, especially those in the Northeast, will face greater pressure from increased Medicaid costs, says a new report from S&P Global Ratings. Environmental, Social, And Governance: Increasing Generational Dependency Poses Long-Term Social Risks To U.S.

As the country’s working age demographic continues to get older, state budgets, especially those in the Northeast, will face greater pressure from increased Medicaid costs, says a new report from S&P Global Ratings. Environmental, Social, And Governance: Increasing Generational Dependency Poses Long-Term Social Risks To U.S. States' Fiscal And Economic Stability examines those trends resulting from the shifting demographics. By 2035, the number of people age 65 and older is expected to outnumber those under the age of 18 for the first time in U.S. history. This is expected to create economic, fiscal and social challenges for state governments.

  • Read more about Aging states face greater economic constraints

USDA announces new Agriculture Innovation Agenda

Thursday, February 27, 2020

U.S. Secretary of Agriculture Sonny Perdue recently announced a new Agriculture Innovation Agenda (AIA) to accelerate innovation so that American agriculture can achieve the goal of increasing production 40 percent while cutting the environmental footprint of U.S. agriculture in half by 2050.

  • Read more about USDA announces new Agriculture Innovation Agenda

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