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NSF commits $80 million to four ERCs

Thursday, September 21, 2017

For 32 years, the Engineering Research Centers (ERC) program of the National Science Foundation has provided long-term funding for university-industry-government collaborations focused on addressing specific, complex engineering challenges. The program can be an integral part of a state’s strategy to encourage stronger partnerships among universities and private industry.

  • Read more about NSF commits $80 million to four ERCs

EDA announces $17M in awards via RIS program

Thursday, September 21, 2017

On September 20, the Economic Development Administration (EDA) announced $17 million in awards to the 2017 Regional Innovation Strategies (RIS) program awards. SSTI’s Innovation Advocacy Council has worked with members to encourage Congress to support this program, which makes awards to support the creation and expansion of tech transformation networks (i6 Challenge) and early-stage seed capital funds (the Seed Fund Support). In total, EDA

On September 20, the Economic Development Administration (EDA) announced $17 million in awards to the 2017 Regional Innovation Strategies (RIS) program awards. SSTI’s Innovation Advocacy Council has worked with members to encourage Congress to support this program, which makes awards to support the creation and expansion of tech transformation networks (i6 Challenge) and early-stage seed capital funds (the Seed Fund Support). In total, EDA made 42 investments that leveraged over $22 million in private, state and local matching funds.

  • Read more about EDA announces $17M in awards via RIS program

New IAC chair named

Thursday, September 21, 2017

The Innovation Advocacy Council (IAC), an initiative of SSTI to better communicate with and educate Congress on innovation issues, has named Ben Johnson its new chairperson. Johnson, BioSTL’s vice president of programs, will take over the position from Michael Cassidy, president and CEO of the Georgia Research Alliance.

  • Read more about New IAC chair named

Pittsburgh at precipice of innovation initiative

Thursday, September 21, 2017

Recognizing that the former steel city was at tipping point in its development, Pittsburgh’s city leaders decided to tip the scale toward continued growth. Whether the city is able to rise to the level of a serious global competitor may hinge on the implementation of initiatives that will guide the city in capitalizing on their innovation, research and business assets, according to a new report from the Brookings Institution. Pittsburgh leaders received a call to action as a result of a collaborative effort initiated by two city foundations and the Brookings Institution.

  • Read more about Pittsburgh at precipice of innovation initiative

SSTI conference builds innovation bridges

Thursday, September 21, 2017

SSTI’s 2017 Annual Conference held last week in Washington, D.C., helped build bridges to the future through its gathering of more than 250 participants working to create a better future through science, technology, innovation and entrepreneurship. Congressman David Cicilline addressed the gathering and stressed the importance of the Regional Innovation Strategies program in his keynote address.

SSTI’s 2017 Annual Conference held last week in Washington, D.C., helped build bridges to the future through its gathering of more than 250 participants working to create a better future through science, technology, innovation and entrepreneurship. Congressman David Cicilline addressed the gathering and stressed the importance of the Regional Innovation Strategies program in his keynote address. Thought leaders revealed insights on the current political climate, social and demographic trends across the nation, and the importance of building an inclusive effort to create sustainable and meaningful change.

  • Read more about SSTI conference builds innovation bridges

IN governor launches ‘Next Level Jobs’ initiative

Thursday, August 24, 2017

Indiana Gov. Gary Holcomb announced two new workforce development grants program as part of the state’s Next Level Jobs initiative. Through this new initiative, the state will commit more than $20 million over the next two years to help state residents find careers in high-demand, high-wage jobs as quickly as possible.

  • Read more about IN governor launches ‘Next Level Jobs’ initiative

Philanthropies target anchor institutions to support place-based prosperity

Thursday, August 24, 2017

Numerous foundations are investing in and partnering with anchor institutions to support inclusive and equitable community and economic development, according to a new report from the Funders’ Network for Smart Growth and Livable Community. The report, Anchored in Place: How Funders Are Helping Anchor Institutions Strengthen Local Economies, stems from a study by the Anchor Institutions Funders’ Group (AIFG), a working group established by the Funders’ Network. The report also includes case studies on how funders are working with anchor intuitions in Albuquerque, Baltimore, Chicago, Denver and Minneapolis-St. Paul.

  • Read more about Philanthropies target anchor institutions to support place-based prosperity

SBA FAST Awardees to support technology-based businesses

Thursday, August 24, 2017

The U.S. Small Business Administration has granted 16 organizations up to $125,000 each and five organizations up to $200,000 in FY 2017 as part of the Federal and State Technology (FAST) Partnership Program.

  • Read more about SBA FAST Awardees to support technology-based businesses

While U.S. Startups Barometer remains bullish on VC market, concerns exist about startup pipeline

Thursday, August 24, 2017

Bloomberg’s U.S. Startups Barometer for August 21, 2017 highlights an environment ripe for startups to attract venture capital (VC). The weekly index tracks the overall health of the business environment for private technology companies based in the U.S. Driven by the number of VC financing deals, the barometer set a new record high for the second consecutive week with a nearly 65 percent increase from last year’s index score.

Bloomberg’s U.S. Startups Barometer for August 21, 2017 highlights an environment ripe for startups to attract venture capital (VC). The weekly index tracks the overall health of the business environment for private technology companies based in the U.S. Driven by the number of VC financing deals, the barometer set a new record high for the second consecutive week with a nearly 65 percent increase from last year’s index score.

  • Read more about While U.S. Startups Barometer remains bullish on VC market, concerns exist about startup pipeline

Creating tomorrow’s STEM leaders in AZ schools

Thursday, August 24, 2017

Arizona schools are taking a different approach to developing the next generation of STEM workers and leaders with the Chief Science Officer position, now in 120 schools across the state. The students, from grades six to 12, are elected by their peers and participate in training events where they learn about STEM activities and careers and can advocate for STEM education in their schools.

  • Read more about Creating tomorrow’s STEM leaders in AZ schools

Making the case for manufacturing

Thursday, August 24, 2017

In a recent report from The Century Foundation, assumptions about the value of a renewed commitment to manufacturing are examined and its importance to the nation’s economic future are reviewed.

In a recent report from The Century Foundation, assumptions about the value of a renewed commitment to manufacturing are examined and its importance to the nation’s economic future are reviewed. In Why Manufacturing Jobs Are Worth Saving, the authors review the current status of manufacturing activity, dive into regional data on the role of manufacturing in the economic recovery of communities, and take a look at the quality of the jobs and workforce challenges facing the industry. 

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Future digital workforce needs outlined

Thursday, August 24, 2017

Recognizing the growing need for a skilled workforce in the increasingly digital manufacturing sector, a new report from the public-private effort of DMDII and ManpowerGroup aims to capture the changing technology and business interactions, and the job roles that are having an impact on the sector. The year-long body of work attempts to answer, among other questions, how workforce roles and job structures flex to accelerate the succession of a transforming global economy.

  • Read more about Future digital workforce needs outlined

Administration R&D memo emphasizes basic science

Thursday, August 24, 2017

The White House Office of Management and Budget released a memorandum on R&D priorities that directs agencies to prioritize basic science and lower costs in their FY 2019 budget requests. R&D investments should be made in military superiority, security, prosperity, energy dominance and health. The memo repeatedly encourages officials to identify, and divest of, research areas where industry is ready to make their own investments toward commercial development.

  • Read more about Administration R&D memo emphasizes basic science

House passes bill enhancing SBIR

Thursday, October 12, 2017

The U.S. House this week passed H.R. 2763, which would amend the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs in several significant ways. Most notably, the bill would extend by five years the “assistance for administrative… costs,” which is used for outreach initiatives and some business and market assistance initiatives across agencies.

  • Read more about House passes bill enhancing SBIR

Fed initiative to reimagine, reframe workforce development efforts

Thursday, October 12, 2017

The Federal Reserve System has announced a new initiative intended to invest in America’s workforce and improve outcomes for both employers and workers.

The Federal Reserve System has announced a new initiative intended to invest in America’s workforce and improve outcomes for both employers and workers. To introduce the Investing in America’s Workforce initiative, the System released a new report analyzing information from nearly 1,000 leaders in the field to identify the current state of the field, important challenges, and strategies for improving items such as human capital, access to jobs, and innovative funding for workforce development programs. 

  • Read more about Fed initiative to reimagine, reframe workforce development efforts

SSTI Conference Brief: Successful strategies for strengthening deal flow

Thursday, October 12, 2017

One of the hottest topics at SSTI’s 2017 Annual Conference centered on helping communities build the investment system necessary for local entrepreneurs and startups to thrive.  Led by several panels of experts, the conversations around this topic led to many great ideas, thoughtful solutions, and tough realities. This week we begin a series of stories on how tech-based economic development organizations can help communities ensure a vibrant investment system.

  • Read more about SSTI Conference Brief: Successful strategies for strengthening deal flow

While rural entrepreneurship declines, rural businesses nearly match urban peers’ innovativeness

Thursday, October 12, 2017

Two recent reports provide good news and bad news regarding innovation in America’s rural areas. Only one in six individuals living in rural areas was self-employed in 2016 — down from one in four in 1988, according to a new issue brief from the Small Business Administration (SBA). This represents a decline of nearly 20 percent over that span of time.

  • Read more about While rural entrepreneurship declines, rural businesses nearly match urban peers’ innovativeness

States of Innovation 2017: Free tuition moving into more state toolboxes

Thursday, October 12, 2017

This week we continue our series on state legislation pertaining to the innovation economy that has been enacted this year around the country. This second installment of the States of Innovation 2017 series deals with free tuition.

This week we continue our series on state legislation pertaining to the innovation economy that has been enacted this year around the country. This second installment of the States of Innovation 2017 series deals with free tuition.

A number of states took action to increase the education and skills of their workforce by implementing free or greatly reduced tuition programs at either community colleges or state colleges. The move to increase access to higher education while not new, took up increased urgency this year. With Arkansas, Florida, Kentucky, New York, North Carolina, Rhode Island and Tennessee all taking action this past year, Maine and North Carolina were among others considering other options but as of today’s publication not moving the proposals forward.

  • Read more about States of Innovation 2017: Free tuition moving into more state toolboxes

Highlights from the President's FY15 Department of Energy Budget Request

Wednesday, March 5, 2014

The administration’s FY15 budget request in discretionary funding for the Department of Energy (DOE) is $27.9 billion (1 percent decrease from FY14), of which $12.3 billion would support R&D (8.4 percent increase) and $4.2 billion would support investment in the Department’s applied energy sector programs to drive an “all-of-the-above” approach to energy sector innovation. The proposed budget would provide substantial increases for funding advanced manufacturing and clean energy R&D.

  • Read more about Highlights from the President's FY15 Department of Energy Budget Request

Highlights from the President's FY15 Department of Defense Budget Request

Wednesday, March 5, 2014

The FY15 budget request for the Department of Defense (DOD) would provide $495.6 billion (0.1 percent decrease) in discretionary base funding. DOD is proposing a strategic rebalance to the Asia-Pacific region as the war in Afghanistan nears an end, while also maintaining a military presence and engagement with allies and partners in the greater Middle East. The budget supports this adjustment and makes strategic investments in areas identified as priorities, such as increasing security challenges and opportunities in cyberspace, continuing to invest in R&D to feed innovation in both the military and civilian sectors, and combating terrorism.

  • Read more about Highlights from the President's FY15 Department of Defense Budget Request

Highlights from the President's FY15 Department of Education Budget Request

Wednesday, March 5, 2014

The FY15 budget request for the Department of Education (ED) totals $68.6 billion (1.9 percent increase) in total discretionary funding. An overhaul of P-12 STEM education programs and a ConnectED initiative providing next-generation broadband and high-speed wireless network support to students and teachers are among the new proposals.

  • Read more about Highlights from the President's FY15 Department of Education Budget Request

Highlights from the President's FY15 Department of Interior Budget Request

Wednesday, March 5, 2014

The administration’s FY15 budget request for the Department of the Interior (DOI) would provide $11.7 billion (0.3 percent increase) in discretionary funding. DOI would receive $888.7 million (7.3 percent increase) for research and development activities. Of the proposed R&D budget, $94.8 million (3.5 percent increase) would be allocated to DOI’s Powering Our Future initiative, which supports renewable energy projects on federal lands and waters.

  • Read more about Highlights from the President's FY15 Department of Interior Budget Request

Highlights from the President's FY15 Department of Justice Budget Request

Wednesday, March 5, 2014

The Department of Justice (DOJ) would receive $27.4 billion in FY15 discretionary funding under the president’s budget request, a 0.4 percent increase.

  • Read more about Highlights from the President's FY15 Department of Justice Budget Request

Highlights from the President's FY15 Department of Labor Budget Request

Wednesday, March 5, 2014

The president’s FY15 budget would provide $11.8 billion in discretionary funding for the Department of Labor (DOL), a 1.9 percent decrease from FY14 enacted levels. In addition, the administration’s Opportunity, Growth and Security Initiative (OGSI) would provide $2.4 billion not accounted for in the departmental budget to expand the agency’s workforce training and apprenticeship programs. Most DOL programs related to high-tech and manufacturing industries reside within the department’s Employment and Training Administration (ETA), which would receive $3.3 billion (3.4 percent increase).

  • Read more about Highlights from the President's FY15 Department of Labor Budget Request

Highlights from the President's FY15 Department of Transportation Budget Request

Wednesday, March 5, 2014

The president’s FY15 budget request for the Department of Transportation (DOT) totals $90.8 billion (25.7 percent increase), including the first installment of $73.6 billion for a $302.3 billion four-year surface transportation reauthorization proposal that would improve U.S. surface transportation systems. DOT would be allocated $865 million to support research and development (R&D) efforts across the department. Several administrations under DOT would see limited change in their R&D budgets. Funding for various research and development initiatives include:

  • Read more about Highlights from the President's FY15 Department of Transportation Budget Request

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