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RTI International leading, SSTI supporting Build Back Better Regional Challenge Community of Practice

Thursday, September 8, 2022

The nonprofit research institute, RTI International, has been named the grant winner to coordinate and lead a Community of Practice (CoP) for the Build Back Better Regional Challenge’s 60 finalist coalitions. While the 21 awardees of the challenge will go on to build out their proposed programs, the CoP is intended to build long-term connections among all 60 coalition finalists, which were awarded from 529 applications.

  • Read more about RTI International leading, SSTI supporting Build Back Better Regional Challenge Community of Practice

Pennsylvania manufacturing has potential to expand, new report says

Thursday, September 8, 2022

Pennsylvania is losing ground in expanding manufacturing opportunities in the state, according to the Pennsylvania Manufacturing Advisory Council, which has issued a playbook to help build the sector’s competitiveness and highlights recommendations for the state to increase its manufacturing opportunities. 

  • Read more about Pennsylvania manufacturing has potential to expand, new report says

Treasury announces five more states’ plans approved for SSBCI

Thursday, August 25, 2022

Five additional state plans for the State Small Business Credit Initiative (SSBCI) have received approval from the U.S. Department of Treasury, bringing the current total of announced states to 19.

  • Read more about Treasury announces five more states’ plans approved for SSBCI

Study indicates racial bias in NSF grant funding

Thursday, August 25, 2022

A group of seven researchers analyzed upwards of one million National Science Foundation (NSF) proposals over a 23-year period (1996-2019) and found patterns of racialized disparities where white principal investigators (PIs) were consistently funded at higher rates (8+ percent) than most non-white PIs.

  • Read more about Study indicates racial bias in NSF grant funding

ARC launches $73.5 million grant initiative to grow regional economies in Appalachia

Thursday, August 25, 2022

A new $73.5 million grant opportunity using funding from the Bipartisan Infrastructure Law is aimed at growing and supporting the development of new economic opportunities across multiple states in Appalachia.

  • Read more about ARC launches $73.5 million grant initiative to grow regional economies in Appalachia

Useful Stats: Business R&D growing more concentrated in fewer states

Thursday, October 17, 2019

Business R&D activity has been historically concentrated in a few states and became even more so in 2017, according to a National Science Foundation issue brief on the latest Business Research & Development and Innovation Survey (BRDIS).

  • Read more about Useful Stats: Business R&D growing more concentrated in fewer states

Useful Stats: Median Household Income by State, 1984-2018

Thursday, October 24, 2019

While rankings and annual indices are catnip for some looking to gain attention for their latest rankings, SSTI has always argued that it’s long-term trends that give the best sense of where a state or region stands. With recent release of income data, SSTI has examined the last 34 years data in median household income for each state. SSTI found that while median household income — adjusted to 2018 dollars — has risen in nearly every state and the U.S. since 1984 with an average annual rate of increase of 0.8 percent, the growth, not surprisingly, varies widely among individual states.

While rankings and annual indices are catnip for some looking to gain attention for their latest rankings, SSTI has always argued that it’s long-term trends that give the best sense of where a state or region stands. With recent release of income data, SSTI has examined the last 34 years data in median household income for each state. SSTI found that while median household income — adjusted to 2018 dollars — has risen in nearly every state and the U.S. since 1984 with an average annual rate of increase of 0.8 percent, the growth, not surprisingly, varies widely among individual states.

  • Read more about Useful Stats: Median Household Income by State, 1984-2018

Four new NSF Engineering Research Centers announced

Thursday, August 18, 2022

The National Science Foundation (NSF) has announced four new Engineering Research Centers (ERCs) that will focus on agriculture, health, manufacturing and smart cities. The research centers will receive $104 million over five years and will be aimed at finding more sustainable solutions to food production, autonomous manufacturing systems, human health and the built environment, and hyperlocal street technology. The four research centers are: 

  • Read more about Four new NSF Engineering Research Centers announced

GAO, Future of EPSCoR committee issue reports

Thursday, August 18, 2022

Jurisdictions that were early EPSCoR participants benefitted more from the program with higher project approval rates, but whether program goals are being met is unclear, according to a recent Government Accountability Office (GAO) report examining National Science Foundation’s (NSF) Established Program to Stimulate Competitive Research (EPSCoR). The GAO report and another from the subcommittee on the Future of EPSCoR looked at the effectiveness of the program and made recommendations for improvement.

  • Read more about GAO, Future of EPSCoR committee issue reports

Congressional inaction threatens SBIR program

Thursday, August 18, 2022

The federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, providing nearly $4 billion in technology research and development funding, expire — in just six weeks — on Sept. 30. Unlike many federal programs that regularly operate beyond the end of their authorization, there is no direct SBIR appropriation that will ensure the program continues as-is without congressional action. Instead, SBIR would be on an agency-by-agency basis.

  • Read more about Congressional inaction threatens SBIR program

Five things to know about the Inflation Reduction Act

Thursday, August 18, 2022

President Joe Biden has signed the Inflation Reduction Act, a $740-billion bill that largely focuses on clean energy and climate resiliency, deficit reduction and health care, funded through tax changes.

  • Read more about Five things to know about the Inflation Reduction Act

USDA announces $1.4 billion in awards for rural development

Thursday, February 10, 2022

The United States Department of Agriculture (USDA) recently announced a $1.4 billion investment into rural areas of the U.S. for job training, business development, and technical assistance. These investments are granted through eight different programs to 751 awardees across 49 states, the U.S. Virgin Islands, and Puerto Rico. USDA estimates that the grants and loans provided by these awards will create or save at least 50,000 jobs in the rural United States.

The breakdown of the dollars invested and number of awards by program is as follows:

  • Read more about USDA announces $1.4 billion in awards for rural development

GAO finds new Air Force SBIR process increases participation and geographic distribution of awards

Wednesday, August 10, 2022

A new open topic approach used by the U.S. Air Force in issuing Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) awards coincided with an overall increase in the agency’s SBIR/STTR participation figures and proposal processing times, according to a recent federal analysis. The U.S.

  • Read more about GAO finds new Air Force SBIR process increases participation and geographic distribution of awards

Recent Research: Access to information is key to SBIR effectiveness

Wednesday, August 10, 2022

Accelerators, incubators and entrepreneurial assistance programs work to ensure their startups understand their product’s market competition, customers, and supply chain. As it turns out, that’s also good advice for small research-based firms trying to move from SBIR proof-of-concept funding to securing the larger Phase II awards.

  • Read more about Recent Research: Access to information is key to SBIR effectiveness

Senate Dems propose increased innovation funding for FY 2023

Thursday, August 4, 2022

With the fiscal year coming to a close and the U.S. Senate having yet to advance any appropriations bills for the next year, the Senate Democrats have released their proposals for FY 2023 funding levels. Due to the potential for substantial changes when the final FY 2023 budget is passed, this article only covers specific funding levels that are a high priority for the tech-based economic development (TBED) field.

  • Read more about Senate Dems propose increased innovation funding for FY 2023

OMB’s FY 2024 budget guidance for federal agencies adds R&D priorities, specificity

Thursday, August 4, 2022

Each summer, the White House Office of Management and Budget and the Office of Science and Technology Policy distributes a memorandum to all of the executive departments and agencies that are planning to request any research and development funding for a future federal fiscal year that touches on issues or interests that cross multiple agencies. The memo outlines the highest R&D and innovation policy priorities for the administration.

The White House Office of Management and Budget and the Office of Science and Technology Policy jointly issued a memorandum to all federal agencies outlining an expanded list of research and development priorities. The document is intended to guide all executive branch offices and agencies as they put together their budget requests for fiscal year 2024. Nearly twice as long as the Biden administration's priority memo last year, the updated list includes more priorities and more details drilling deeper into the top concerns.

  • Read more about OMB’s FY 2024 budget guidance for federal agencies adds R&D priorities, specificity

Recent survey explores perceptions of higher education

Thursday, August 4, 2022

The recently published, 2022 edition of New America’s annual survey on American perceptions of higher education, Varying Degrees, includes findings that should be of interest – and potential concern – for the TBED community. The report includes updated findings on American perceptions of the value, funding, accountability, and admissions for higher education and perceptions of current financial security. It also reveals significant differences in perceptions of higher education based on respondents’ political affiliations.

  • Read more about Recent survey explores perceptions of higher education

EDA announces 32 winners of $500 million Good Jobs Challenge

Wednesday, August 3, 2022

Thirty two industry-led workforce training partnerships from across the country were announced as the grant winners of the $500 million Good Jobs Challenge by the U.S. Economic Development Administration.

  • Read more about EDA announces 32 winners of $500 million Good Jobs Challenge

Congress passes modified competitiveness legislation

Thursday, July 28, 2022

This week, Congress approved a new version of legislation to incentivize semiconductor manufacturing facilities, create a Regional Technology Hubs program, and reauthorize many science-related agencies. The Senate passed the bill on the 27th, and the House passed the legislation a day later.

  • Read more about Congress passes modified competitiveness legislation

Nine additional SSBCI state plans approved

Thursday, July 28, 2022

The U.S. Department of the Treasury announced nine additional states whose SSBCI plans have been approved: Arizona, Connecticut, Indiana, Maine, New Hampshire, Pennsylvania, South Carolina, South Dakota, and Vermont. This is in addition to the five states approved earlier this year: Hawaii, Kansas, Maryland, Michigan and West Virginia.

  • Read more about Nine additional SSBCI state plans approved

NSF’s Regional Innovation Engines program releases info on all concept outlines, sets Type-2 award deadlines

Thursday, July 28, 2022

The National Science Foundation (NSF) is breaking with tradition this week and for the first time released application data before it formally accepts applications for the NSF Engines program, which will provide up to $160 million of funding for up to 10+ years to establish each regional-scale innovation ecosystem Engine.

  • Read more about NSF’s Regional Innovation Engines program releases info on all concept outlines, sets Type-2 award deadlines

Equity investors rolled through Q2 uncertainty

Thursday, July 28, 2022

Amid a public market slowdown, inflation concerns and tightening monetary environment, the PitchBook-NVCA Venture Monitor Q2 2022 indicates that most investors continued their COVID-era levels of activity through the second quarter of the year.

  • Read more about Equity investors rolled through Q2 uncertainty

America’s Seed Fund Week aims to educate and connect in SBIR’s 40th year

Thursday, July 28, 2022

Entrepreneurs learned more about small business funding opportunities from federal agencies with Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs during America’s Seed Fund Week last week. The $4 billion funding program, which is currently up for reauthorization, is celebrating 40 years of providing funding to small businesses each year in a variety of technology areas.

  • Read more about America’s Seed Fund Week aims to educate and connect in SBIR’s 40th year

Newly reestablished NACIE charged with producing three moonshots

Thursday, July 28, 2022

U.S. Secretary of Commerce Gina M.

  • Read more about Newly reestablished NACIE charged with producing three moonshots

Pitch to secure ARPA-H headquarters location begins

Thursday, July 14, 2022

With a $1 billion investment over the next three years, Advanced Research Projects Agency for Health (ARPA-H) will be a standalone agency within the National Institutes of Health (NIH) and is designed to produce quicker research outcomes.

  • Read more about Pitch to secure ARPA-H headquarters location begins

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Recent news from the SSTI Digest

Recent Research: How can states ensure effectiveness of R&D incentives?

Thursday, January 8, 2026

State R&D incentive programs such as tax credits are widely used to stimulate innovation, attract investment, and support long-term economic growth. But how do we know which programs truly increase R&D activity rather than simply subsidizing what companies would have done anyway?

recent research
r&d tax credits

Useful Stats: Higher education R&D expenditures reach $117 billion in FY 2024

Thursday, January 8, 2026

Higher Education R&D expenditures jumped 8%, or nearly $9 billion, from fiscal year (FY) 2023 to 2024, reaching an all-time high of over $117 billion, reveals new Higher Education R&D (HERD) survey data. The funding sources of HERD expenditures remain proportionally unchanged from the prior year, with all sources increasing, and the federal government ($5 billion) and institution funds ($2.5 billion) accounting for the largest dollar increases.

useful stats
higher ed
r&d

TBED Works: MTI delivers on economic growth by supporting early-stage companies in targeted sectors

Thursday, January 8, 2026

The Maine Technology Institute’s core mission is to use innovation to spur the development of new products, processes, and companies that strengthen the state’s economy. Finishing its 25th year of operations, MTI solidly illustrates how a sustained, focused yet flexible and creative strategy can deliver this mission. MTI has disbursed $387 million across 4,350 distinct projects throughout Maine since its founding, and that funding has leveraged over $2.2 billion in private sector matching investment. 

entrepreneurship
economic impact
tbed
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