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Maryland moving on innovation initiatives to grow state economy

Thursday, March 2, 2023

In his budget proposal, Maryland Gov.

  • Read more about Maryland moving on innovation initiatives to grow state economy

Harnessing the energy of three states

Thursday, August 10, 2023

Health is one of the most pressing issues in the U.S. Now, thanks to National Science Foundation's Type I NSF Engine development awards, teams throughout the U.S. will be focusing on technology-based solutions to this issue. This week we highlight three SSTI members whose NSF Engine Awards concentrate on health.

  • Read more about Harnessing the energy of three states

Treasury awards $125M to 43 organizations, distributes $57M in first SSBCI TA grants

Thursday, August 10, 2023

U.S. Department of the Treasury recently awarded $125 million to 43 nonprofits and community-based organizations, including SSTI member University of Arkansas for Medical Sciences. The money came via the American Rescue Plan Act- (ARPA-) funded (CRP) Capital Readiness Program. The CRP enables small businesses to access technical assistance through organizations that provide services to underserved businesses.

  • Read more about Treasury awards $125M to 43 organizations, distributes $57M in first SSBCI TA grants

EDA says Tech Hub consortium members do not have to register in EDGE

Thursday, August 10, 2023

In an email sent out this morning, EDA announced, “Given the high volume of applications, EDA is now only requiring the Lead Organization to register in EDGE.” EDGE is EDA’s new grants management platform. The email encourages applicants to “please focus on getting your application materials prepared and having the Lead Organization submit them in EDGE. Application acceptance will not be affected if consortium members are not registered in EDGE.

  • Read more about EDA says Tech Hub consortium members do not have to register in EDGE

A new tool for equity in economic development: The APO framework

Thursday, August 10, 2023

Advancing equity in economic development requires more than good intentions – it calls for concrete actions and measurable outcomes.

  • Read more about A new tool for equity in economic development: The APO framework

New resource: A closer look at EDA's Revolving Loan Fund

Thursday, August 10, 2023

The EDA’s Revolving Loan Fund (RLF) can be an important tool for supporting tech-based economic development initiatives. In the newest addition to SSTI’s Federal Funding Video Library, Matt Knutson, program analyst with EDA, provides an overview of how organizations can use this funding opportunity. Whether you’re seeking to understand the application process or explore how the RLF program aligns with your region’s TBED strategy, this video offers valuable insights and guidance.

  • Read more about New resource: A closer look at EDA's Revolving Loan Fund

Second round of submissions for SMART Grants is now open

Thursday, August 24, 2023

The U.S. Department of Transportation (USDOT) is accepting applications for the second year of its Strengthening Mobility and Revolutionizing Transportation (SMART) Grants Program. The program will fund up to $500 million in grants over five years to conduct demonstration projects focused on advanced smart community technologies and systems that improve transportation efficiency and safety.

  • Read more about Second round of submissions for SMART Grants is now open

Has the U.S. lost its luster in the eyes of international students?

Thursday, August 24, 2023

The United States has been the top destination for those looking to study abroad for decades. Before the onset of the pandemic, over a million students flocked from abroad to attend U.S.-based universities. Now, having dropped by 15% at the onset of the pandemic, international student enrollment is beginning to recover. Despite this recovery, the U.S. is losing market share to countries like Australia, Canada, and the United Kingdom resulting in negative economic consequences.

  • Read more about Has the U.S. lost its luster in the eyes of international students?

In the zero-sum game of population migration, winners win and losers plan

Thursday, August 24, 2023

The dynamics of population growth in the U.S. changed during the pandemic. As people migrated away to avoid the limitations of the pandemic, one region’s population loss was another region’s gain. Now, economists are analyzing the impact of migration on local economies.

The dynamics of population growth in the U.S. changed during the pandemic. As people migrated away to avoid the limitations of the pandemic, one region’s population loss was another region’s gain. Now, economists are analyzing the impact of migration on local economies.

  • Read more about In the zero-sum game of population migration, winners win and losers plan

Manufacturing conference set for Sept. 12-14

Thursday, August 24, 2023

The inaugural Manufacturing Momentum Summit is an opportunity for federal, state, regional, and local leaders to share their efforts to prepare the workforce required for the advanced defense manufacturing supply chain. Held in conjunction with several partners, including the DoD Manufacturing Technology Program, the Center for Regional Economic Competitiveness, and the American Manufacturing Communities Collaborative, the Summit will be held from September 12 - 14, 2023, in Arlington, VA.

  • Read more about Manufacturing conference set for Sept. 12-14

White House R&D priorities include new focus on regional innovation; other priorities slightly shift

Thursday, August 24, 2023

A memo sent out last week by the Office of Management and Budget and the Office of Science and Technology Policy outlines this year’s R&D priorities. Federal science agencies will use this memo to design their budget requests for the fiscal year 2025.

  • Read more about White House R&D priorities include new focus on regional innovation; other priorities slightly shift

Efforts abound to increase female participation in STEM

Thursday, November 17, 2022

As opportunities in science, technology, engineering and math (STEM) develop around the country, different inclusion programs are being put in place to increase participation for women in the field. SSTI previously released an article highlighting the lack of female participation in certain STEM careers, like computer science and engineering, despite tech industries growing in different cities around the country.

  • Read more about Efforts abound to increase female participation in STEM

Amazon commits $53M to women-led, climate tech firms, incubators

Thursday, November 17, 2022

Amazon is allocating $50 million from its Climate Pledge Fund — Amazon’s venture capital program that invests in companies pioneering decarbonizing technologies and solutions — to invest in women-founded and women-led climate tech companies, as well as incubators and accelerators that prioritize women-led entities.

  • Read more about Amazon commits $53M to women-led, climate tech firms, incubators

Elections update: Two states flip, an incumbent loses, women gain two more governor seats, and ballot initiatives called

Thursday, November 17, 2022

Thirty-six states held gubernatorial contests in Tuesday’s (Nov. 8) mid-term elections. By the end of the last week, winners in 32 states had been chosen.

  • Read more about Elections update: Two states flip, an incumbent loses, women gain two more governor seats, and ballot initiatives called

Lessons from Michigan’s free tuition initiatives

Thursday, November 17, 2022

Despite the success of Michigan’s numerous initiatives to provide tuition-free college, an analysis from New America exploring Michigan’s effort to increase the affordability and accessibility of higher education found that the fragmented approach reduces the state’s ability to reach all residents needing financial assistance.

  • Read more about Lessons from Michigan’s free tuition initiatives

ITIF report finds Germany outscoring US, Italy, and Canada in Innovation Competitiveness

Thursday, November 17, 2022

A report from ITIF exploring the factors involved in ecosystem strength found that states in Germany generally perform better than states in the U.S., Italy, and Canada in terms of globalization, knowledge economy, and innovation capacity.

  • Read more about ITIF report finds Germany outscoring US, Italy, and Canada in Innovation Competitiveness

Perspective: Split Congress requires bipartisan work to advance tech

Thursday, November 17, 2022

Enough races have now been called in the 2022 midterm elections to confirm that the Senate will remain under Democratic party control while the House will switch to the Republican party. If any legislation is going to advance to the White House over the next two years, the parties are going to need to work together — both across and within each chamber (where Senate filibuster rules and House politics are likely to make bipartisan votes a necessity to passing bills).

  • Read more about Perspective: Split Congress requires bipartisan work to advance tech

It’s time to compensate 1890 universities for decades of unfair funding

Thursday, August 3, 2023

In 1862, during the Civil War, Congress passed the Land-Grant Agricultural and Mechanical College Act of 1862 (a.k.a. the Morrill Act of 1862). This legislation extended educational opportunities for many White working-class Americans. But it did little to extend education to Black people. The Morrill Act of 1890 passed 28 years later created new land grant institutions to address the issue of Black peoples’ access to higher education. But racial inequities between the two land-grant systems have persisted into the present day.

  • Read more about It’s time to compensate 1890 universities for decades of unfair funding

China biting at US heels in R&D spending

Thursday, August 3, 2023

A report from ITIF warns that China is catching up with the U.S. in private R&D funding. If this trend continues, China could surpass the U.S.

  • Read more about China biting at US heels in R&D spending

OMB issues final guidance on Made in America provisions

Thursday, August 31, 2023

On August 14, 2023, OMB issued final guidance on requirements for all infrastructure projects using federal financial assistance. The final guidance requires preferences for American-made steel and iron products, manufactured products, and construction materials. The release of the final guidance follows the signing in November 2021 of the Bipartisan Infrastructure Law (BIL), which includes the Build America, Buy America Act (BABA).

  • Read more about OMB issues final guidance on Made in America provisions

Strong winds forecast to bring low-cost energy and good-paying jobs

Thursday, August 31, 2023

The U.S. Department of Energy (DOE) has released three 2023 annual reports showing that wind power is one of the fastest growing and lowest cost sources of electricity in America and is poised for rapid growth. DOE reports that wind energy provided 10% of total electricity nationwide with wind making up more than 60% of Iowa’s power and over 40% in Kansas, Oklahoma, and South Dakota. New utility-scale land-based wind generation capacity added in 2022 was the equivalent of powering 2.5 million American homes.

  • Read more about Strong winds forecast to bring low-cost energy and good-paying jobs

3D printing could catapult US manufacturing

Thursday, August 31, 2023

Additive manufacturing, also known as 3D printing, has so far been used for simple construction. In this process, a computer creates three-dimensional objects by depositing materials, usually in layers. But now, the National Institute for Standards in Technology (NIST) is working to unlock additive manufacturing’s potential.

  • Read more about 3D printing could catapult US manufacturing

EDA receives 378 applications for Tech Hubs competition

Thursday, August 31, 2023

The U.S. Department of Commerce’s Economic Development Administration (EDA) has received 378 applications from 48 states for Phase 1 of the Regional Technology and Innovation Hubs (Tech Hubs) competition. In total, 48 states and three territories submitted 378 Tech Hubs Phase 1 applications.

  • Read more about EDA receives 378 applications for Tech Hubs competition

JOLTS data metrics: a look at the long-term trends

Thursday, May 25, 2023

A new data analysis of the Job Openings and Labor Turnover Survey (JOLTS) by SSTI indicates again the significant impact the pandemic had on the manufacturing sector. While job openings in manufacturing ranged on a monthly basis from 0.8 to 3.9% of total manufacturing employment in the 20 years prior to the pandemic, it jumped to as much as 7.4% in April 2022. Job openings in manufacturing increased dramatically after the pandemic, presumably as a result of the American economy attempting to adjust for disrupted supply chains and a move to bring more manufacturing back to the U.S.

  • Read more about JOLTS data metrics: a look at the long-term trends

Comments to the USPTO regarding AI and inventorship

Thursday, May 25, 2023

More than 50% of the patents granted in 2020 were related to AI, according to a USPTO report. Considering this large volume of AI-related patents, the office recently sought feedback regarding AI inventorship. Key points made by AUTM, BIO, Google, IBM, and Microsoft are summarized here.

AUTM made the following statements in response to USPTO’s comments:

  • Read more about Comments to the USPTO regarding AI and inventorship

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What the proposed redefinition of “professional degrees” might mean for institutions, sectors, and workforce pipelines

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Recent Research: Do mergers and acquisitions spur more or less innovation?

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Technology-based economic development organizations work with economic development professionals throughout the U.S. to help build their local innovation and entrepreneurship ecosystems. Sometimes, bringing in outside expertise with established networks to R&D and finance can accelerate the local capacity to support innovation-driven startups. gener8tor, a venture capital and startup accelerator founded in Wisconsin, is one such example of external partners supporting TBED capacity building anywhere.

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