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Federal Agencies Unveil R&D Dashboard

Wednesday, October 10, 2012

Several federal agencies have joined forces to launch a new beta website that allows individuals to look at U.S. federal investments in science and engineering from two agencies — the National Institutes of Health (NIH) and the National Science Foundation (NSF). The R&D dashboard gives users the ability to search and download data on grants issued by the federal government to research institutions (investments) and on output activities (e.g., patents and publications) from federally funded research by state, congressional district and research institution.

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Coming Home: A Look at the U.S. Reshoring Movement

Wednesday, October 10, 2012

Manufacturers across the nation celebrated National Manufacturing Day on Friday and the topic on many people's minds was reshoring.

  • Read more about Coming Home: A Look at the U.S. Reshoring Movement

Air Force To Launch $4.4 Million Virtual Nano-Bio Manufacturing Institute

Wednesday, October 10, 2012

The Air Force Research Laboratory announced that it will commit up to $2.2 million, plus up to an additional $2.2 million in matching funds collected by the recipient organization, to establish a National Nano-Bio Manufacturing Institute for Defense Aerospace, a virtual public-private partnership to spur collaborate research in industrially-relevant nano-bio manufacturing technologies and establish developmental roadmaps for the aerospace manufacturing community. Existing or near-established nonprofit organizations, including institutions of higher education, are eligible to apply.

  • Read more about Air Force To Launch $4.4 Million Virtual Nano-Bio Manufacturing Institute

Angel Investment Continues Rebound in First Half of 2012

Wednesday, October 10, 2012

Angel investment activity continues to recover from the crash that hit startup capital markets in late 2008, according to the latest report from the University of New Hampshire's Center for Venture Research (UNH CVR). During the first half of 2012, the number of ventures receiving angel funding grew by a modest 3.7 percent over the same period in 2011. Healthcare remains the dominant target of angel investments, comprising about a quarter of angel dollars into the first half of the year.

  • Read more about Angel Investment Continues Rebound in First Half of 2012

Foundation Support for Regional Innovation on Display at SSTI Conference

Wednesday, October 10, 2012

At the upcoming SSTI Annual Conference in Atlanta, SSTI staff will present on the role foundations have played in support of Venture Development Organizations (VDOs), accelerators, and other regional economic development organizations. Through research and interviews with various foundations, SSTI staff have identified nearly 200 examples of foundation grants to organizations that support a regional innovation system.

  • Read more about Foundation Support for Regional Innovation on Display at SSTI Conference

Big Data: The Next Big Thing in Economic Development?

Wednesday, October 10, 2012

In 2012, Big Data has become one of the hottest topics in the news and the minds of both government and business leaders. Big Data is the collection and analysis of data that is too big, growing too fast or is too complex for existing information technology systems to handle.

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Guide Examines How to Design an R&D Tax Incentive

Wednesday, October 10, 2012

As a part of its Compendium of Evidence on the Effectiveness of Innovation Policy intervention, the Manchester Institute of Innovation Research released a report entitled Fiscal Incentives for Business R&D. The authors advocate how a fiscal incentive for R&D, particularly a tax credit, can be a "flexible instrument that can foster the connectivity within a national innovation system."

  • Read more about Guide Examines How to Design an R&D Tax Incentive

What Makes a Successful Faculty Entrepreneur?

Wednesday, October 10, 2012

At SSTI's 16th Annual Conference, you will have the opportunity to explore comprehensive, flexible programs and innovative, "lean" models to support and cultivate faculty entrepreneurs. Join National Science Foundation's Rathindra "Babu" DasGupta, the University of North Carolina's Judith Cone and Marnie LaVigne from the University at Buffalo as they discuss what universities need to do to create a class of Faculty CEOs. Learn more about this session...

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U.S. Dept. of Interior Spurs Solar Energy Development

Wednesday, October 10, 2012

In an effort to develop domestic renewable energy production, the Department of the Interior released details on the Solar Programmatic Environmental Impact Statement (PEIS). PEIS provides an outline for utility-scale solar energy development in six states — Arizona, California, Colorado, Nevada, New Mexico and Utah.

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State Strategic Plans Focus on Supporting S&T in Key Sectors

Wednesday, October 24, 2012

In an era of tightening fiscal constraints, states have to make tough decisions, establish clear economic development funding priorities and transform their economic development models to take advantage of immediate opportunities and position their state for long-term economic growth. Mississippi, Oklahoma and Washington have released state-specific strategic plans that make those tough decisions by focusing their resources on key science & technology (S&T) areas to address the economic impacts of the Great Recession and position the state for future prosperity.

  • Read more about State Strategic Plans Focus on Supporting S&T in Key Sectors

Register On-Site in Atlanta for SSTI's Annual Conference

Wednesday, October 24, 2012

Online registration for SSTI's 16th Annual Conference in Atlanta ends Friday, October 26, at 5:00 PM EDT. But even if you miss the deadline, you can still attend by registering on-site. On-site registration will open at 8:00 AM on Monday, October 29, in the Grand Foyer of the Georgia Tech Hotel and Conference Center. Let your colleagues in the Southeast know they can still join us in Atlanta! See our registration page for fee details...

  • Read more about Register On-Site in Atlanta for SSTI's Annual Conference

Consortium Steps in To Help Launch Rhode Island Startups

Wednesday, October 24, 2012

Building on a previous statewide initiative to boost technology entrepreneurship, a group of Rhode Island organizations have combined resources to launch a new effort called the Founders League. The idea is to assemble a treasure trove of support from universities, a mentorship-driven accelerator, and the Chamber of Commerce to provide resources and connections for established and aspiring entrepreneurs.

  • Read more about Consortium Steps in To Help Launch Rhode Island Startups

Clean Tech Venture Investment Declines, USDA Supports VC-Backed Clean Tech Firms

Wednesday, October 24, 2012

Clean Tech venture investments declined in the third quarter of 2012, according to the MoneyTree report released on Friday by PricewaterhouseCoopers (PWC) and the National Venture Capital Association (NVCA). The numbers reinforce the current trend of decreasing investment in clean tech companies and projects and the inherent challenges of VC backing in the sector. However, many are attributing this drop to a shift in the focus of clean tech investment by private and public entities rather than complete disenchantment in the promising sector.

  • Read more about Clean Tech Venture Investment Declines, USDA Supports VC-Backed Clean Tech Firms

SBA Reports Record Level of SBIC Financing For Third Straight Year

Wednesday, October 24, 2012

The U.S. Small Business Administration's (SBA) Small Business Investment Company (SBIC) debenture program provided $2.95 billion in financing to small businesses in FY12, according to a recent SBA release. SBICs around the country help small businesses to expand by providing them with access to long-term capital. For the third year in a row, SBIC activity reached an all-time high, growing 14 percent over FY11 and 85 percent over FY10. Read the announcement...

  • Read more about SBA Reports Record Level of SBIC Financing For Third Straight Year

More State Governments To Align Along Party Lines Following 2012 Elections

Wednesday, November 7, 2012

Earlier this week, 11 U.S. states (and Puerto Rico) held gubernatorial elections, and 44 states held elections for at least one house of their state legislative body. As a result, five states elected new governors, as did Puerto Rico. Partisan control of state legislatures changed in nine states. The results indicate a growing trend toward state governments unified under a single political party.

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Congressional Science Committees Due For Post-Election Shake-up

Wednesday, November 7, 2012

Congressional elections earlier this week did not change control of the U.S. House of Representatives or Senate, however, science committees in both houses are set for significant turnover, according to the American Association for the Advancement of Science. The House Committee on Science, Space and Technology is slated to lose ten members, one-quarter of its membership, and is expected to gain a new chairperson.

  • Read more about Congressional Science Committees Due For Post-Election Shake-up

SEC Forum to Discuss Potential Regulations on Equity Crowdfunding and Other Trends

Wednesday, November 7, 2012

On November 15, the Securities Exchange Commission (SEC) will host the "SEC Government-Business Forum on Small Business Capital Formation," an annual forum focused on the capital formation concerns of small business. This year's agenda will focus on the implementation of the Jumpstart Our Business Startups Act (JOBS Act), specifically equity-based crowdfunding regulation. The forum also will look at issues related to capital for small business that were not addressed by the JOBS Act.

  • Read more about SEC Forum to Discuss Potential Regulations on Equity Crowdfunding and Other Trends

Federal Support Declining for Academic Research, Universities Face Challenges with Budget Constraint

Wednesday, November 7, 2012

The Congressional Research Service recently published findings on the current conditions of federal support of academic research, highlighting the threat that constrained university, state and federal budgets places on critical basic research. Although there is growing recognition that R&D is crucial to the long term health of the nation's science and technology sectors, data from the report shows U.S. colleges and universities have seen a decline in financial support at the federal, state and private levels.

  • Read more about Federal Support Declining for Academic Research, Universities Face Challenges with Budget Constraint

How Significant is the U.S. Skills Gap?

Wednesday, November 7, 2012

The answer may not be clear, but both sides can agree the U.S. skills gap will continue to deepen if changes do not occur. In the U.S. manufacturing sector, the skills gap may be less pervasive than many believe, according to a report from the Boston Consulting Group (BCG). BCG researchers estimate the U.S. is short 80,000 to 100,000 highly skilled manufacturing workers.

  • Read more about How Significant is the U.S. Skills Gap?

Global Entrepreneurship Week 2012 Underway

Wednesday, November 14, 2012

The world's fifth annual Global Entrepreneurship Week kicked off on Monday celebrating and encouraging innovators and entrepreneurs throughout the world. Founded by the U.S.-based Ewing Marion Kauffman Foundation and the UK-based Make Your Mark Campaign, the weeklong program now spans 115 countries with 37,000 activities that reach upwards of seven million people. Activities include a Global Cleantech Open Ideas Competition, Startup Weekend and the Global Student Entrepreneur Awards.

  • Read more about Global Entrepreneurship Week 2012 Underway

SSTI's 17th Annual Conference Will be Held in [Enter Your City Name Here] in 2013!

Wednesday, November 14, 2012

Yes, it could happen. SSTI's 17th Annual Conference in 2013will be the first conference since NASVF members became SSTI members expanding SSTI to include more than 350 organizational members nationally. It is our hope that this conference inspires more collaboration, creativity and economic success around the nation. Your organization could host SSTI's 17th Annual Conference during the fall of 2013. The nation's greatest thinkers and practitioners for building tech-based economies could descend on YOUR city to build momentum for and place a spotlight on the work you are doing.

  • Read more about SSTI's 17th Annual Conference Will be Held in [Enter Your City Name Here] in 2013!

TBED People & Orgs

Wednesday, November 14, 2012

SSTI is pleased to welcome Reese Neader to our team as a research associate. Reese is the former policy director for the Roosevelt Institute Campus Network and is a political science graduate from Denison University.

Renée Winsky has been appointed the executive director of the Chesapeake Innovation Center.

Mark Kvamme has resigned from JobsOhio effective Nov. 1. He is succeeded as president and CIO by John Minor, formerly the managing director at JobsOhio.

  • Read more about TBED People & Orgs

New Grants, Entrepreneurship Office Proposed for SBA

Wednesday, November 28, 2012

Two small grant programs and a minor reorganization of related functions within the U.S. Small Business Administration are the aims of a bill introduced Nov 26 by Democratic Sens. Mary Landrieu and John Kerry. "Today's Entrepreneurs are Advancing Mentorship Act of 2012," or the TEAM Act (S. 3638) for short, would create an Office of Entrepreneurial Support within SBA to administer the grant programs, oversee online entrepreneurship education and resources, coordinate programs targeting youth entrepreneurship, and host international groups interested in U.S. entrepreneurship.

  • Read more about New Grants, Entrepreneurship Office Proposed for SBA

Preserving U.S. Manufacturing Competitiveness Requires New Strategies

Wednesday, November 28, 2012

In the aftermath of an election cycle in which manufacturing emerged as a key point of contention in many races, several groups are taking stock of the state of U.S. manufacturing competitiveness. The 2012 edition of the Global Manufacturing Competitiveness Index, based on a survey of senior manufacturing executives, projects that the U.S. will fall from third most competitive nation to fifth over the next five years. In order to stave off declining competitiveness, authors of a McKinsey Global Institute report suggest that manufacturing be viewed as a critical driver of U.S.

  • Read more about Preserving U.S. Manufacturing Competitiveness Requires New Strategies

Brookings Examines Potential Impact of Federal Public-Private Economic Development

Wednesday, November 28, 2012

Fostering regional innovation is imperative to strengthening our national economy and crafting public-private partnerships (PPPs) are a key strategy for catalyzing regional economic growth. While states should continue to lead regional innovation efforts, the federal government can play a critical supporting role. The Brookings Institution proposes the establishment of a PPP unit within the White House to coordinate Federal assistance.

  • Read more about Brookings Examines Potential Impact of Federal Public-Private Economic Development

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Recent news from the SSTI Digest

The state of US venture capital investment in four charts. How might your innovation startups fare if investment trends hold?

Thursday, January 15, 2026

With 2025 behind us, and some time for the data to stabilize, we can look back at VC activity and try to understand what it means for TBED efforts going forward. The VC storyline of 2025 should be familiar to anyone who has been following investment news. Record funding rounds, huge amounts of capital deployed, questions of an AI bubble. Where amongst the big flashy lights of AI mega-deals do we find the subtlety and nuance that informs TBED investor activity and policy?

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FSGG appropriations language favors innovation programs

Thursday, January 15, 2026

The Financial Services and General Government appropriations bill for FY 2026 passed the House of Representatives yesterday and now moves to the Senate where passage is also expected. The bill sets spending levels for several agencies supporting regional innovation, economic development, and investment. Foremost are the Treasury and Small Business Administration; selected highlights are provided below.

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New benchmarking tool illuminates how AI is accelerating job market changes

Thursday, January 15, 2026

All too often, jobseekers and employers seem to exist in non-compatible realities. While jobseekers flood the job market with descriptions of their generalized skills in communication, leadership, and problem-solving to fill various roles in different sectors, employers are looking for the more specific skills that will get the job done, say the authors of a report from the Wharton School and Accenture. And they propose that AI is accelerating this shift from a role-based economy to a skills-based economy.

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