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Bachelor’s degrees are no longer required for many jobs

Thursday, August 22, 2024

Bachelor’s degrees are no longer required for many jobs

2023 was a watershed moment in the history of the bachelor’s degree. Against a backdrop of a historically tight labor market, persistent talent shortages, and rising skepticism of the value of higher education, numerous state governments and major corporations dropped college degree requirements for many of their jobs.

  • Read more about Bachelor’s degrees are no longer required for many jobs

EDA announced $184 million for six Recompete awards

Thursday, August 8, 2024

The Distressed Area Recompete Pilot Program, a program authorized by the CHIPS and Science Act, targets areas where the share of prime-age (25-54 years) employment is significantly lower than the national average.

The Distressed Area Recompete Pilot Program, a program authorized by the CHIPS and Science Act, targets areas where the share of prime-age (25-54 years) employment is significantly lower than the national average. The program’s goal, according to a press release from EDA, is “closing this gap through flexible, locally-driven investments.”

EDA has selected six implementation awardees for funding from the 22 Recompete Finalists, with individual award amounts to be finalized in the coming months. 

  • Read more about EDA announced $184 million for six Recompete awards

National Academy of Sciences president advocates for a national research strategy to coordinate basic research

Thursday, August 8, 2024

In a recent State of the Science address, National Academy of Sciences President Marcia McNutt called attention to what she sees as an alarming trend: the federal contribution to basic research is stagnating while industry funding is rising. The federal share of U.S. spending on basic research, she said, was down from about 60% in 2011 to 40% in 2021.

  • Read more about National Academy of Sciences president advocates for a national research strategy to coordinate basic research

EDA funds all Tech Hubs designees

Thursday, August 8, 2024

Following its announcement of implementation awards to 12 Tech Hubs regions, the U.S. Economic Development Administration made Consortium Accelerator Awards of $500,000 to each of the additional 19 Tech Hubs designated regions.

Following its announcement of implementation awards to 12 Tech Hubs regions, the U.S. Economic Development Administration made Consortium Accelerator Awards of $500,000 to each of the additional 19 Tech Hubs designated regions. This funding should enable regions to continue dedicated efforts to strengthen their strategies and partnerships and to pursue alternative sources of implementation project funding.

  • Read more about EDA funds all Tech Hubs designees

States moderate FY2025 higher ed support, some propose reforms

Thursday, August 8, 2024

This year’s legislative sessions saw a handful of governors and lawmakers proposing noteworthy reforms or other changes to their states’ institutions of higher education—from system overhauls to the expansion of tuition-free community college programs—all in efforts to align their state’s education investments with current and future workforce needs, as well as address future costs under tightening budgets.

Restructuring higher education systems

  • Read more about States moderate FY2025 higher ed support, some propose reforms

Book Notes: Innovation for the Masses: How to Share the Benefits of the High-Tech Economy

Thursday, August 8, 2024

Note: This brief quasi-book review/book synopsis is the first item in an experimental new section of SSTI’s newsletter, potentially joining other regular sections such as Useful Stats, Fed/Leg News, State News, Member Updates, and Recent Research. Its periodic continuation after the contributions we present over the summer will depend on feedback from our members and Digest readers. Comments may be shared with skinner @ ssti.org

  • Read more about Book Notes: Innovation for the Masses: How to Share the Benefits of the High-Tech Economy

US Department of Transportation emphasizes a multi-pronged approach to reduce greenhouse gas emissions

Thursday, August 8, 2024

The positive impacts of addressing any single priority for reducing greenhouse gas (GHG) emission could be of only marginal benefit without simultaneous efforts along other key priorities, warns the U.S. Department of Transportation (DOT). DOT Report to Congress: Decarbonizing U.S.

  • Read more about US Department of Transportation emphasizes a multi-pronged approach to reduce greenhouse gas emissions

Despite bipartisan support, Massachusetts legislature fails to pass $3.5B econ dev package

Thursday, August 8, 2024

On Aug. 1, Massachusetts lawmakers ended their 19-month formal session.

On Aug. 1, Massachusetts lawmakers ended their 19-month formal session. In the flurry of legislation that was passed, the Legislature failed to agree on the governor’s proposed $3.5 billion economic development package (the Mass Leads Act), which featured $2.8 billion in bond authorizations combined with tax credits and considered a top priority for both the administration and legislative leaders.

  • Read more about Despite bipartisan support, Massachusetts legislature fails to pass $3.5B econ dev package

US competitiveness sabers drawn for budget battle, election, future

Thursday, August 1, 2024

Significant differences between the House and Senate versions of the FY 25 budget numbers for science and the quadrennial election cycle might explain the increased language one hears concerning national security, competitiveness and global economic conditions. Data presented in a July issue brief by the National Science Board (NSB), however, should help raise the issue to encourage honest discussion about how the federal government will take on the challenges to U.S. leadership in innovation. Additionally, a new paper from the Aspen Strategy Group et al.

  • Read more about US competitiveness sabers drawn for budget battle, election, future

Good Jobs Challenge $25M funding opportunity released

Thursday, August 1, 2024

The U.S. Department of Commerce has announced a new $25 million Good Jobs Challenge Notice of Funding Opportunity for investment in high-quality, locally led workforce training programs that lead to good jobs.

  • Read more about Good Jobs Challenge $25M funding opportunity released

Defense preparing for new critical tech loan program

Thursday, August 1, 2024

The U.S. Department of Defense released requests for information regarding a new loan program for critical technologies that will be launched through the Office of Strategic Capital.

The U.S. Department of Defense released requests for information regarding a new loan program for critical technologies that will be launched through the Office of Strategic Capital. The office, launched in 2022, has focused on a Small Business Investment Company-Critical Technologies (SBICCT) license that can provide technical and cybersecurity expertise and resources to funds willing to concentrate their portfolios on certain tech.

  • Read more about Defense preparing for new critical tech loan program

Site selection process for first three CHIPS R&D facilities revealed

Thursday, August 1, 2024

The U.S. Department of Commerce and Natcast, the operator of the National Semiconductor Technology Center (NSTC), recently announced the site selection process for the first three CHIPS for America Research and Development (R&D) facilities for the NSTC and National Advanced Packaging Manufacturing Program (NAPMP).

  • Read more about Site selection process for first three CHIPS R&D facilities revealed

SSBCI updates from SSTI and the Department of Treasury

Thursday, August 1, 2024

The U.S. Department of the Treasury has made multiple announcements about the State Small Business Credit Initiative (SSBCI) in recent weeks, including new program approvals, providing an update on uses of funds through the first two years of the program, and highlighting venture capital success stories, and releasing a database of participating lenders. In addition to covering these updates below, SSTI is collecting Treasury’s resources in revised SSBCI tracking pages.

 

  • Read more about SSBCI updates from SSTI and the Department of Treasury

Webinar: Immigration pathways for TBED

Immigrant talent is a key driver of innovation in technology and entrepreneurship.

  • Read more about Webinar: Immigration pathways for TBED

AI-focused Manufacturing USA institute notice of funding opportunity now open

Thursday, July 25, 2024

A Notice of Funding Opportunity (NOFO) for a new artificial intelligence-focused Manufacturing USA institute is now available on Grants.gov. The U.S.

  • Read more about AI-focused Manufacturing USA institute notice of funding opportunity now open

NSF Convergence Accelerator program expansion is intended to enable more research to address regional problems

Thursday, July 25, 2024

The five-year-old NSF Convergence Accelerator, which has funded nationwide research projects to address major societal challenges, is adding 10 “anchors” to focus on regional challenges. The regional anchor organizations will engage in the same solution development for underserved, underrepresented organizations and communities as the current national program. However, as part of the regional expansion, NSF aims to reach more local communities to help solve challenges that are especially meaningful to a particular region.

  • Read more about NSF Convergence Accelerator program expansion is intended to enable more research to address regional problems

NSF Regional Innovation Engines posts data about letters of interest online for potential collaborators

Thursday, July 25, 2024

NSF has released data on nearly 300 letters of intent (LOIs) submitted to the NSF Regional Innovation Engines program by lead organization applicants. The data is meant to enable applicant teams to connect and potentially collaborate before the preliminary proposal deadline on Aug.

  • Read more about NSF Regional Innovation Engines posts data about letters of interest online for potential collaborators

SSTI updates key technology area investment data tool

Thursday, July 25, 2024

The Economic Development Administration’s (EDA) Regional Technology and Innovation Hubs (Tech Hubs) and National Science Foundation’s (NSF) Regional Innovation Engines (Engines) programs require regions to advance a critical technology area that already has traction in their region.

  • Read more about SSTI updates key technology area investment data tool

NSF launches map showcasing scale and impact of TIP awards

Thursday, July 25, 2024

The National Science Foundation’s (NSF) Directorate for Technology, Innovation, and Partnerships (TIP) has released a new pilot map with data on over 3,300 awards nationwide managed by TIP starting from fiscal year 2023.

  • Read more about NSF launches map showcasing scale and impact of TIP awards

CHIPS for America to invest up to $1.6 billion to accelerate U.S. capacity advanced packaging

Thursday, July 11, 2024

The U.S. Department of Commerce recently issued a Notice of Intent (NOI) to open a competition for new research and development (R&D) activities to accelerate domestic capacity for semiconductor advanced packaging.​ As part of CHIPS for America, the National Advanced Packaging Manufacturing Program plans to invest up to $1.6 billion to fund innovation in five R&D areas related to semiconductor advanced packaging. ​

  • Read more about CHIPS for America to invest up to $1.6 billion to accelerate U.S. capacity advanced packaging

House Republicans advancing legislation to restructure NIH

Thursday, July 11, 2024

House Committee on Energy and Commerce Chair Cathy McMorris Rodgers recently published Reforming the National Institutes of Health: Framework for Discussion. The blueprint calls for reducing the number of NIH institutes and centers (ICs) from 27 to 15, largely by merging some of them. The reorganization and proposed funding levels are illustrated in Figure 1.

  • Read more about House Republicans advancing legislation to restructure NIH

National Semiconductor Technology Center Consortium seeks proposals to address workforce challenges in the semiconductor industry

Thursday, July 11, 2024

Natcast, the nonprofit entity that operates the National Semiconductor Technology Center (NSTC) Consortium, recently launched the NSTC Workforce Partner Alliance (WFPA) program. ​The program seeks to address workforce challenges in the U.S. semiconductor industry by supporting projects that close skills and labor market gaps for researchers, engineers, and technicians in semiconductor design, manufacturing, and production.

  • Read more about National Semiconductor Technology Center Consortium seeks proposals to address workforce challenges in the semiconductor industry

SBA to pilot 7(a) lines of credit against sales or assets to allow loans to more companies

Thursday, July 11, 2024

The U.S. Small Business Administration (SBA) recently announced plans to launch a 7(a) Working Capital Pilot (WCP) Program later this year. The program will offer a lines of credit, made by 7(a) lenders and backed by the SBA. It is designed to give greater flexibility than a traditional term loan.

  • Read more about SBA to pilot 7(a) lines of credit against sales or assets to allow loans to more companies

Book Notes: Co-Intelligence: Living and Working with AI

Thursday, July 11, 2024

Note: This brief quasi-book review/book synopsis is the first item in an experimental new section of SSTI’s newsletter, potentially joining other regular sections such as Useful Stats, Fed/Leg News, State News, Member Updates, and Recent Research. Its periodic continuation after the contributions we present over the summer will depend on feedback from our members and Digest readers. Comments may be shared with skinner @ ssti.org

  • Read more about Book Notes: Co-Intelligence: Living and Working with AI

Initiative for a Competitive Inner City (ICIC) recommends policies to increase racial equity in manufacturing supply chains

Thursday, June 13, 2024

Three pieces of federal legislation enacted in 2021 and 2022—the Infrastructure Investment and Jobs Act (IIJA), CHIPS and Science Act (CHIPS Act), and Inflation Reduction Act (IRA)—collectively authorize nearly $1.5 trillion to reshape America’s industrial landscape. But will this money help the 107 Black-owned and 151 Hispanic-owned companies in the manufacturing supply chains that the legislation is designed to support? 

  • Read more about Initiative for a Competitive Inner City (ICIC) recommends policies to increase racial equity in manufacturing supply chains

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Recent news from the SSTI Digest

Administration’s FY 2027 budget repeats cuts desired in R&D and economic development

Wednesday, April 8, 2026
The Trump Administration’s FY 2027 budget request, submitted to Congress on April 3, bears considerable resemblance to its FY 2026 request with proposals to cut funding for many of the agencies and line items of most interest to the state and regional innovation community. Congress approved a FY 2026 budget that in most ways mirrored previous years’ allocations for TBED-related programs and priorities, such as R&D.
fy27budget

Ten-day clock ticking on SBIR reauthorization

Wednesday, April 8, 2026
The 2026 SBIR/STTR reauthorization bill (S. 3971, the Small Business Innovation and Economic Security Act) has cleared Congress and is now awaiting final action by the President. The Senate passed the bill by unanimous consent on March 3, 2026. The House subsequently approved the Senate-passed measure on March 17, 2026, by a vote of 345–41. Because the House adopted the Senate version without amendment, the bill moved straight to enrollment, where the final official copy is prepared for signature before being sent to the White House.
sbir

Recent Research: What is the labor market value of bachelor's degrees earned from community colleges?

Wednesday, April 8, 2026
As states look for ways to expand access to bachelor’s-level education while controlling costs and strengthening workforce pipelines, community college baccalaureate (CCB) programs have emerged as a promising policy tool. A recent NBER working paper by Riley Acton, Camila Morales, Kalena Cortes, Julia A. Turner and Lois Miller examines whether CCB programs deliver meaningful economic returns for graduates and how they compare to traditional degree pathways from four-year institutions. 
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