New CEDS guidelines emphasize equity, broadband, climate resilience, and workforce development
The Economic Development Administration (EDA) has updated its Comprehensive Economic Development Strategy (CEDS) Content Guidelines, effective April 2023. CEDS are strategy-driven plans for economic development prepared through a regionally owned planning process.
The Economic Development Administration (EDA) has updated its Comprehensive Economic Development Strategy (CEDS) Content Guidelines, effective April 2023. CEDS are strategy-driven plans for economic development prepared through a regionally owned planning process. Designed to build regional capacity and economic resilience, an active CEDS is a prerequisite for EDA designation as an Economic Development District (EDD), which serves as the main conduit through which TBED organizations may seek funding from EDA’s Public Works and Economic Adjustment Assistance program.
Congress moves erratically on budget, tax issues
The House and Senate are working toward FY 2024 appropriations, but not even a negotiated agreement has kept the chambers moving in the same direction. Today, the Senate appropriations committee directed its subcommittees to produce bills that align with the slight reduction in non-defense spending agreed to in the debt ceiling agreement reached earlier this month.
The House and Senate are working toward FY 2024 appropriations, but not even a negotiated agreement has kept the chambers moving in the same direction. Today, the Senate appropriations committee directed its subcommittees to produce bills that align with the slight reduction in non-defense spending agreed to in the debt ceiling agreement reached earlier this month. However, after House Freedom Caucus members revolted over the agreement, the House appropriations committee decided to direct its subcommittees to produce bills that cut another $119 billion from the level agreed to as part of the debt ceiling deal.
EDA releases information on upcoming $200M Recompete Pilot Program
The Distressed Area Recompete Pilot Program (Recompete Pilot Program)—authorized by the CHIPS and Science Act— will invest $200 million toward interventions that spur economic activity in geographically diverse and persistently distressed communities nationwide. The program will support economic revitalization in distressed communities across the country.
Changes to national broadband map means more money to some states, less to others
On May 30, 2023, FCC released a broadband map that had been updated to reflect states' challenges to the availability data for more than 4 million locations throughout the U.S. Seventy-five percent of those challenges had been resolved in the new map. The new map reflected a net increase of more than one million new serviceable locations that had not appeared on the previous map.
On May 30, 2023, FCC released a broadband map that had been updated to reflect states' challenges to the availability data for more than 4 million locations throughout the U.S. Seventy-five percent of those challenges had been resolved in the new map. The new map reflected a net increase of more than one million new serviceable locations that had not appeared on the previous map.
DOE, USDA, MEP release info on new funding opportunities, awards
The U.S. Department of Energy (DOE), U.S. Department of Agriculture (USDA) and the Hollings Manufacturing Extension Partnership (MEP) have all made recent announcements on new funding provided either through the Bipartisan Infrastructure Law or the CHIPS and Science Act. DoE is accepting applications for an $80 million program focused on benefiting small and medium-sized manufacturing firms. USDA and MEP announced more than 170 awards to expand innovative uses of wood and to address supply chain issues.
US female workers with doctorates in science, engineering, and health fields increasing
The number of U.S.-trained female science, engineering, or health (SEH) doctorate holders residing and working in the U.S. has more than doubled, going from 119,350 in 1997 to 287,250 in 2017, according to a new report from the National Science Foundation (NSF). In 1997, less than one-fourth (23 percent) of the U.S.-trained SEH doctorate holders working in the U.S. were women. Twenty years later, that number had increased to 35 percent.
Practical ways to increase women in entrepreneurship roles subject of new playbook
Fighting stereotypes, finding capital and scaling up are just some of the techniques outlined in a new playbook designed to bring more women in entrepreneurship roles and revitalize the U.S. economy. Elevating Women in Entrepreneurship, by Erika R.
Fighting stereotypes, finding capital and scaling up are just some of the techniques outlined in a new playbook designed to bring more women in entrepreneurship roles and revitalize the U.S. economy. Elevating Women in Entrepreneurship, by Erika R. Smith and Brita Belli, published by the International Business Innovation Association (InBIA), is a playbook outlining common misconceptions surrounding women in entrepreneurship and a practical guide on overcoming obstacles and building on best practices.
Startup Act reintroduced, would expand federal innovation support
Senators Jerry Moran (R-Kan.) and Mark Warner (D-Va.), co-signed by Senators Roy Blunt (R-Mo.) and Amy Klobuchar (D-Minn.), re-introduced the Startup Act today. The bill would enact an array of innovation policies, including reauthorizing Regional Innovation Strategies, creating a new commercialization grant program, and implementing a startup visa.
Senators Jerry Moran (R-Kan.) and Mark Warner (D-Va.), co-signed by Senators Roy Blunt (R-Mo.) and Amy Klobuchar (D-Minn.), re-introduced the Startup Act today. The bill would enact an array of innovation policies, including reauthorizing Regional Innovation Strategies, creating a new commercialization grant program, and implementing a startup visa. SSTI has endorsed the bill and hopes to see the legislation passed by the 116th Congress.
NSF selects 34 semifinalists for the inaugural NSF Regional Innovation Engines competition
On June 14, 2023, NSF announced 34 semifinalists for the first-ever NSF Regional Innovation Engines (NSF Engines) competition. The NSF Engines will be led by universities, nonprofits, businesses, and other organizations from across U.S. states and territories. Each NSF Engine could receive up to $160 million over 10 years; actual amounts will be subject to a given NSF Engine's status and overall progress, as assessed annually.
NIST Announces staff for CHIPS R&D Office, potentially three future institutes
Under Secretary of Commerce for Standards and Technology and National Institute of Standards and Technology (NIST) Director Laurie E. Locascio announced five leaders joining the CHIPS Research and Development Office within CHIPS for America.
$2.6 billion allocated to protect coastal communities and restore marine resources
The National Oceanic and Atmospheric Administration (NOAA) has released its plans to invest $2.6 billion in coastal resilience funded by the Inflation Reduction Act (IRA). These funds will support communities on the frontlines of climate change, restore marine resources, improve weather and climate data and services, strengthen NOAA's research airplane and ship fleet, invest in critical infrastructure, and more. Of particular interest to Digest readers will be funding for ocean-based climate resilience accelerators and climate-ready workforce.
The Fiscal Responsibility Act (aka debt ceiling deal) cuts $150M from SSBCI, impacts education, research, and innovation
The upshot of the debt ceiling deal recently approved by Congress is that all nondefense discretionary spending will remain at its current level of $638 billion in FY 2024, which begins October 1. Additionally, some funds were marked for recission, including $150 million from the State Small Business Credit Initiative (SSBCI). All jurisdictions that have been approved or have applied for SSBCI funding will not see a decrease in their funds, according to an email from Treasury regarding SSBCI.
Some Republican Governors exerting influence over state higher education and DEI
Republican dissatisfaction with colleges and universities has been growing for some time. The Pew Research Center detected growing discontent with colleges and universities in 2012 and found that from 2015 to 2019, the number of individuals saying colleges and universities have a negative effect on the country went from 37% to 59%.
Type 1 recipient shares four elements to their successful NSF Engine proposal
NSF designed the recently awarded NSF Engine Type 1 development awards to bring technology-based solutions to bear on many critical challenges facing our nation. These challenges include climate change and sustainability, and this week we are highlighting three SSIT members whose NSF Engine proposals focus on sustainability.
Innovation landscapes: The changing role of corporate research
Corporate laboratories were hotspots for U.S. innovation for most of the twentieth century. Large firms, such as DuPont or Bell Labs, acted as epicenters for research and development activities, driving investment in frontier technologies underserved by university researchers at the time. By the 1980s, however, many of these powerhouses of industrial research began to cut back on their research programs, paving the way for universities and startups to emerge as new centers of innovation.
Is an apprenticeship program the right fit for your community?
For communities hoping to start and register an apprenticeship program, a new toolkit by the Department of Labor may offer some insight. Launched as part of National Apprenticeship Week (Nov. 12-18, 2018), “Building Registered Apprenticeship Programs” provides a guide to help start and register your apprenticeship program.
For communities hoping to start and register an apprenticeship program, a new toolkit by the Department of Labor may offer some insight. Launched as part of National Apprenticeship Week (Nov. 12-18, 2018), “Building Registered Apprenticeship Programs” provides a guide to help start and register your apprenticeship program. The toolkit includes five steps: exploration of apprenticeships as a strategy to meet regional needs; partnerships with key players to develop the program; building the core components of the program; registration with the broader apprenticeship network; and, launching the program.
ARC announces $26.5M in POWER grants
The Appalachian Regional Commission (ARC) announced its latest round of grants for Partnerships for Opportunity and Workforce and Economic Revitalization (POWER).
The Appalachian Regional Commission (ARC) announced its latest round of grants for Partnerships for Opportunity and Workforce and Economic Revitalization (POWER). The 35 grants totaling $26.5 million support workforce training and education in manufacturing, technology, healthcare, and other industry sectors; invest in infrastructure enhancements to continue developing the region's tourism, entrepreneurial, and agriculture sectors; and, increase access to community-based capital, including impact-investing funds, venture capital, and angel investment streams. The awards are projected to create or retain over 5,400 jobs and leverage more than $193 million in private investment into 59 Appalachian counties.
A few of the awards (with SSTI members in boldface) are highlighted here:
Texas aims to lead the future of semiconductor manufacturing
Just before the 2023 Memorial Day weekend, the Texas Senate passed and sent the Texas CHIPS Act bill to the governor’s desk. The legislation creates the Texas Semiconductor Innovation Consortium in a bid to protect the state’s competitive standing for future federal funding and authorizes the Texas Semiconductor Innovation Fund. The recently passed Texas budget appropriates $1.3 million for the Consortium, but it does not appear that there is a dedicated appropriation in the budget bill for the Fund.
NSF Engines muster local resources to compete with Silicon Valley and Boston
The recently awarded NSF Engine Type 1 development awards are intended to bring technology-based economic development to vast swaths of the US landscape, including those that Silicon Valley and Boston have long overshadowed. This week we kick off an examination of some of the proposals led by SSTI members that were selected by NSF for funding.
Department of Education proposes new rules to impact gainful employment
Each year, more than 703,000 federally aided students enroll in one of the 1,800 career training programs, according to a Department of Education fact sheet. Unfortunately, the typical graduate of these programs leaves with unaffordable debt or earns less than a high school graduate in their state. Sometimes, these programs shut down with little warning, leaving students in the lurch.
Mississippi, Tribal Governments receive SSBCI funds
This week, the U.S. Department of the Treasury approved the state of Mississippi and 15 Tribal Governments for State Small Business Credit Initiative (SSBCI) awards. Mississippi is receiving $86 million to launch four programs, including a $15 million fund investment program and an $11 million direct investment program.
Manufacturing Day opens doors and minds on career opportunites
Working together to address the skilled labor shortage in manufacturing, manufacturers across the nation participate in Manufacturing Day as an opportunity to change perception. Always the first Friday in October, thousands of manufacturers open their doors to the public to exhibit what they do in modern manufacturing. Many community and technical colleges also participate to educate the public on the changing nature of the industry and highlight the skills required for a well-paid career in the field.
FY 2019 final budget from Congress: Defense, Labor, HHS
SSTI is publishing a series of FY 2019 budget updates to match Congress’s unusually early action.
Congress is set to pass portions of the overall FY 2019 federal budget before the end of the current fiscal year, which has been rare over the last decade. To keep pace, SSTI will be running a series of FY 2019 budget updates. Part I is Energy and Water (including Regional Agencies), Legislative Branch, and Military Construction and Veterans Affairs. Part II is Defense with Labor and HHS, as well as a CR for the rest of the government through Dec. 7.