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Gubernatorial elections retain power for incumbents, women gain more seats

Thursday, November 10, 2022

Thirty-six states held gubernatorial contests in Tuesday’s (Nov. 8) mid-term elections. By the end of the night and as of this writing Thursday morning, winners in 32 states had been chosen, with votes still being tallied in Alaska, Arizona, Nevada, and Oregon.

  • Read more about Gubernatorial elections retain power for incumbents, women gain more seats

NSF builds semiconductor workforce through concurrent Micron and Intel partnerships

Thursday, November 3, 2022

In an effort to alleviate the nationwide shortage of semiconductors, the U.S. National Science Foundation (NSF) announced two cross-sector partnerships, one with Intel Corp. and the other partnership with Micron Technology, Inc.

  • Read more about NSF builds semiconductor workforce through concurrent Micron and Intel partnerships

Some state ballot measures hold potential to affect innovation economy

Thursday, November 3, 2022

With 133 ballot measures before voters on Nov. 8, a gamut of topics will be decided. Those outlined below are the measure that could affect the innovation economy, ranging from initiatives that would affect higher education, to broadband expansion and measures intended to boost state economies.

  • Read more about Some state ballot measures hold potential to affect innovation economy

NSF awards $40 million to help build diverse STEM workforce

Thursday, November 3, 2022

The National Science Foundation recently announced the four 2022 NSF INCLUDES awardees. These new alliances will each receive $10 million over five years to contribute to building an inclusive STEM workforce. The awardees will tackle issues like increasing data science capacity at minority-serving institutions (MSIs), increasing the representation of Native American and Alaska Native students in STEM fields, and supporting equitable pathways to postdoctoral fellowship positions.

The 2022 NSF INCLUDES Alliances are:

  • Read more about NSF awards $40 million to help build diverse STEM workforce

Election 2022: Gubernatorial campaigns reveal positions on innovation initiatives

Thursday, October 27, 2022

Thirty-six states are holding gubernatorial elections this November, with voters in eight of those states (Arizona, Arkansas, Hawaii, Maryland, Massachusetts, Nebraska, Pennsylvania, and Oregon), choosing a new governor to replace a term-limited incumbent. In two states, Connecticut and Georgia, the incumbent is facing a re-match with their 2018 opponent, while in Alaska and Maine, the incumbent is being challenged by his/her predecessor, whom they defeated in 2018. Florida Gov. Ron De Santis is being challenged by former Gov.

  • Read more about Election 2022: Gubernatorial campaigns reveal positions on innovation initiatives

Would an increase in the quantity of NIH SBIR awards impact their overall quality?

Thursday, October 27, 2022

In a recent study titled Does NIH select the right healthcare ventures through the SBIR grant program?, researchers from Rutgers University and the University of Connecticut took advantage of the 2009 American Recovery and Reinvestment Act (ARRA) to conduct a natural experiment.

In a recent study titled Does NIH select the right healthcare ventures through the SBIR grant program?, researchers from Rutgers University and the University of Connecticut took advantage of the 2009 American Recovery and Reinvestment Act (ARRA) to conduct a natural experiment. The opportunity was available due to the National Institutes of Health (NIH) decision to use ARRA dollars to fund additional Phase I SBIR awards from general SBIR competitions, and the researchers compared these 19 ARRA-funded awards to the other 479 Phase I awards that were first funded in the same competitions with regular appropriations.

  • Read more about Would an increase in the quantity of NIH SBIR awards impact their overall quality?

2020 BERD data shows an increase of over $45 billion in domestic R&D spending

Thursday, October 27, 2022

Despite COVID-induced setbacks continuing to keep some people out of offices and laboratories, new Business Enterprise Research and Development Survey (BERD) data reveals that domestic research and development (R&D) spending, although slowing, is still on an uptrend.

  • Read more about 2020 BERD data shows an increase of over $45 billion in domestic R&D spending

Tech industry is booming, but women’s participation continues to lag

Thursday, October 20, 2022

In another illustration of how women’s participation in the tech industry continues to lag, SmartAsset recently released its annual report looking at Best Cities for Women in Tech. The report finds country-wide, the percentage of women in STEM is growing, but that growth is occurring at a dwindling rate, and that women make up only about 20% of the field’s total workforce.

  • Read more about Tech industry is booming, but women’s participation continues to lag

NIST solicits information to improve CHIPS and semiconductor industry

Thursday, October 20, 2022

The National Institute of Standards of Technology (NIST) is seeking public input through Requests for Information (RFIs) for two programs under the CHIPS Act. Under Secretary of Commerce for Standards and Technology and NIST Director Laurie E.

  • Read more about NIST solicits information to improve CHIPS and semiconductor industry

NSF Engines program revises deadline, directions for Type-2 proposals

Thursday, October 20, 2022

The U.S. National Science Foundation’s Regional Innovation Engines (NSF Engines) program has revised the Broad Agency Announcement (BAA) for Type-2 NSF Engines program proposals, moving the deadline up to Jan. 18, 2023, among other changes, which are detailed in the revised BAA and key related resource documents that were published on Oct. 17, 2022.

  • Read more about NSF Engines program revises deadline, directions for Type-2 proposals

$2.8B announced for manufacturing EV batteries and grid

Thursday, October 20, 2022

In a move to strengthen the domestic manufacturing of batteries for electric vehicles (EVs), the U.S. Department of Energy (DOE), announced $2.8 billion for 20 companies in 12 states to extract and process battery materials and manufacture components while creating good-paying jobs.

  • Read more about $2.8B announced for manufacturing EV batteries and grid

ARC POWER Initiative awards $47 million to diversify Appalachian economies

Thursday, October 20, 2022

The Appalachian Regional Commission (ARC) recently announced its largest POWER (Partnerships for Opportunity and Workforce and Economic Revitalization) Initiative funding package. This funding package awards nearly $47 million to 52 projects in 181 counties to support economic diversification and mitigate job losses from coal-related industries in Appalachian communities. 

  • Read more about ARC POWER Initiative awards $47 million to diversify Appalachian economies

11 additional states approved for federal funding through SSBCI

Thursday, October 13, 2022

The U.S. Department of the Treasury announced 11 additional states whose SSBCI plans have been approved: Alaska, Idaho, Iowa, Massachusetts, Minnesota, Missouri, Nebraska, Nevada, New Mexico, Ohio, and Utah.

  • Read more about 11 additional states approved for federal funding through SSBCI

New DOE efforts promote equitability and inclusion in science research

Thursday, October 13, 2022

The Department of Energy’s Office of Science recently announced new requirements for all research proposal applications. Applicants must submit a plan for Promoting Inclusive and Equitable Research — or PIER Plan — with their research proposal during the solicitation process. The PIER Plans will be required beginning in FY 2023 and will require investigators to describe strategies to promote diversity, equity, inclusion, and accessibility in all research projects.

  • Read more about New DOE efforts promote equitability and inclusion in science research

Vision for US leadership in advanced manufacturing released

Thursday, October 13, 2022

Creating a vison for United States leadership in advanced manufacturing, the National Science and Technology Council has released a strategy to grow the economy, create jobs, enhance environmental sustainability, address climate change, strengthen supply chains, ensure national security, and improve healthcare for the next four years.

  • Read more about Vision for US leadership in advanced manufacturing released

Inaugural Open-Source Ecosystems awards announced on eve of next competition deadline

Thursday, October 13, 2022

On the closing days of the previous federal fiscal year and with an Oct. 21 deadline looming for new proposals, the National Science Foundation announced the first 24 awards for a new program to support “Pathways to Enable Open-Source Ecosystems” (OSE). NSF’s goal is to exploit the advantages of using open-source development to find technological solutions to problems of national and societal importance.

  • Read more about Inaugural Open-Source Ecosystems awards announced on eve of next competition deadline

51 recipients share $47 million in EDA Build to Scale awards

Thursday, October 6, 2022

A total of $47 million has been awarded to 51 organizations by the U.S. Economic Development Administration to support programs that accelerate innovation and tech-based economic development as part of the Build to Scale program,  U.S. Secretary of Commerce Gina Raimondo announced yesterday. The 2022 awardees will leverage an additional $48 million in matching funds from private and public sector sources.

  • Read more about 51 recipients share $47 million in EDA Build to Scale awards

DOL rescinds IRAPs, refocusing on long-standing Registered Apprenticeship model for success

Thursday, October 6, 2022

Citing an 85-year record of promoting higher quality training and worker protection standards, the U.S. Department of Labor (DOL) has rescinded the short-lived Industry-Recognized Apprenticeship Program (IRAP) in favor of the established Registered Apprenticeship (RA) program.

  • Read more about DOL rescinds IRAPs, refocusing on long-standing Registered Apprenticeship model for success

SBA announces 44 FAST awardees

Thursday, October 6, 2022

The U.S. Small Business Administration (SBA) recently announced 44 FAST awards, including 12 new awards,  totaling over $5.4 million, with each up to $125,000 for specialized training, mentoring, and technical assistance for research and development.

  • Read more about SBA announces 44 FAST awardees

Manufacturing Week celebrates industry while employment grows

Thursday, October 6, 2022

As Manufacturing Week kicks off on Friday, Oct. 7, the U.S. Census Bureau and Manufacturing USA are providing valuable manufacturing statistics and data to help inform policymakers and businesses, while also highlighting careers in the industry.

  • Read more about Manufacturing Week celebrates industry while employment grows

Federal Reserve Bank of Philadelphia releases the Anchor Economy Report, dashboard

Thursday, October 6, 2022

In an effort to help to determine the economic impact of higher education institutions and hospitals within their regions and how reliant these regions are on these “anchor institutions” to drive their economy, the Federal Reserve Bank of Philadelphia developed an Anchor Economy Initiative. It recently published an

  • Read more about Federal Reserve Bank of Philadelphia releases the Anchor Economy Report, dashboard

DOE opens $7 billion funding opportunity for regional clean hydrogen hubs

Thursday, September 29, 2022

Representing one of the largest investments in the agency’s history,  the U.S. Department of Energy (DOE) has opened applications for the clean hydrogen hubs (H2Hubs) program.

  • Read more about DOE opens $7 billion funding opportunity for regional clean hydrogen hubs

DOD awards $30M to six Defense Manufacturing Communities

Thursday, September 29, 2022

The U.S. Department of Defense’s Office of Local Defense Community Cooperation (OLDCC) recently announced the six winners under the Defense Manufacturing Community Support Program (DMCSP), with funding of approximately $30 million.

  • Read more about DOD awards $30M to six Defense Manufacturing Communities

Inflation provides big boost to crowdfunding limits

Thursday, September 29, 2022

The Securities and Exchange Commission (SEC) recently published statutorily-required five-year inflation adjustments for various limits placed on crowdfunding, and the increases are substantial.

  • Read more about Inflation provides big boost to crowdfunding limits

Treasury releases RFI and clarifications on SSBCI technical assistance

Thursday, September 29, 2022

Last week, the U.S. Department of the Treasury released clarifications and a request for information (RFI) related to its $500 million pool for State Small Business Credit Initiative (SSBCI) technical assistance.

  • Read more about Treasury releases RFI and clarifications on SSBCI technical assistance

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Recent news from the SSTI Digest

Recent Research: National industrial policy to reshore US manufacturing can yield positive local effects

Thursday, March 12, 2026
Three academic researchers estimate that the localized job creation impacts resulting from the CHIPS and Science Act already have had a net gain of 12% in the affected counties. The direct jobs in the semiconductor sector alone are 15,000-16,000 short-term positions. With the high-paying nature of jobs in the field, researchers Bilge Erten, Joseph E. Stiglitz, and Eric Verhoogen estimate that, as a spillover effect, 15,000 to 30,000 additional indirect jobs have been created in related sectors.
manufacturing
CHIPS and Science Act

Useful Stats: Sectoral contributions to county GDP

Wednesday, March 11, 2026
Policymakers should be interested in which sectors are present in their region to ensure TBED investments and workforce priorities can have the greatest impact. Exploring gross domestic product (GDP) at the county level offers a detailed look at the economic output of sectors and how they shape local economies. At the county level, data for smaller or more rural counties may reveal nuances invisible when looking broadly at entire MSAs or states, particularly for those areas with lower populations.
useful stats
gdp
manufacturing

National VC trends and which states are bucking them

Wednesday, March 11, 2026
National VC investment over the past five years has seen significant swings, first driven by pandemic impacts and rebounds, then by the rocket ride of AI. According to PitchBook data, national VC activity below $100 million declined from nearly 10,500 deals in 2020 to just under 8,200 in 2025, a 22% drop. Over the same period, the total capital invested increased by just over $5 billion (6%). The trend of more funding into fewer deals is highlighted by the median deal size more than doubling to over $4 million (Fig 1). These macro trends are important as they set the stage for what is happening at the state level. 
venture capital
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