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Highlights from the President's FY 2018 Budget Request: Dept. of Labor

Friday, May 26, 2017

The Employment and Training Administration (ETA) within the Department of Labor would receive $6.9 billion under the president’s proposed FY 2018 budget, a $3.1 billion (31.1 percent) decrease from the FY 2017 approved budget.

  • Read more about Highlights from the President's FY 2018 Budget Request: Dept. of Labor

U.S. companies investing in foreign R&D

Thursday, April 20, 2017

U.S. companies spent 18 percent of their research and development dollars outside of the United States in 2013, according to data recently released by the NSF. The $73 billion in foreign R&D is concentrated in the information industry, pharmaceuticals, semiconductors, and automobiles and parts. Those four industries accounted for 52 percent of all foreign R&D performance by U.S.

  • Read more about U.S. companies investing in foreign R&D

Budget deal supports innovation, research

Thursday, May 4, 2017

Congress has passed a budget for FY 2017 that largely continues support for federal innovation programs and R&D investments. Among the highlights are $17 million for Regional Innovation Strategies (a $2 million increase over FY 2016), level funding of $130 million for the Hollings Manufacturing Extension Partnership and $5 million for SBA’s clusters program. In reviewing dozens of line items, offices that had received significant cuts in the White House’s skinny budget appear to receive some of the largest funding increases (such as the Appalachian Regional Commission, Community Development Block Grant and ARPA-E). However, with the exception of multi-billion dollar increases for Department of Defense R&D, many increases are rather small in terms of overall dollars. This is, at least in part, a reflection of non-defense spending caps rising by only $40 million for FY 2017, limiting the availability of new funds. In this context, science and innovation gains are particularly impressive, with a five percent overall increase for federal R&D that particularly benefits NASA and NIH.

  • Read more about Budget deal supports innovation, research

National Science Foundation makes 44 Engines Development awards

Thursday, May 11, 2023

This morning, NSF announced 44 development, or Type-1, awards from its first Regional Innovation Engines competition. According NSF’s visualization, 33 of the lead organizations are from academic institutions, with 13 of those from institutions that are not classified as R1s, and the remaining 11 leads from other types of nonprofits.

  • Read more about National Science Foundation makes 44 Engines Development awards

ARC awards $26 million for economic diversity

Thursday, February 2, 2017

The Appalachian Regional Commission (ARC) announced $26 million in awards to expand and diversify the economy in coal-impacted communities in five states. This adds to the $47 million ARC has invested since 2015 through the Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) Initiative. The 31 awards that were announced in late January are projected to create or retain more than 2,500 jobs and leverage an additional $32 million from public and private investors.

  • Read more about ARC awards $26 million for economic diversity

Advanced technology entrepreneurs meet America’s Seed Fund reps at four-day online event

Thursday, May 11, 2023

America’s Seed Fund Week, a Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) event, will be held online May 15-18. The event connects entrepreneurs and organizations that support entrepreneurs to SBIR and STTR, known as America’s Seed Fund. America’s Seed Fund is the largest source of early stage funding in the U.S.

  • Read more about Advanced technology entrepreneurs meet America’s Seed Fund reps at four-day online event

Economic Recovery Corps (ERC) Fellows available

Thursday, May 11, 2023

The International Economic Development Council (IEDC), in partnership with six national and international associations and the U.S. Department of Commerce's Economic Development Administration (EDA), announced the launch of the inaugural Economic Recovery Corps (ERC) program on May 11.

  • Read more about Economic Recovery Corps (ERC) Fellows available

MoU hopes to accelerate battery manufacturing in the US

Thursday, May 11, 2023

An MOU between the Korean Institute for Advancement of Technology, the Korean Battery Industry Association, the Korean Electronics Technology Institute, and the NAATBatt Association, aims to bring Korean battery manufacturers to the U.S.

  • Read more about MoU hopes to accelerate battery manufacturing in the US

Council to recommend ways for higher education to prepare the workforce and drive global competitiveness

Thursday, May 11, 2023

A recently formed coalition of national leaders from higher education, government, business, nonprofits, and the military have created the Council on Higher Education as a Strategic Asset(HESA). Inspired by the Association of Governing Boards of Universities and Colleges (AGB), the council will advance recommendations for changes in higher education institutions to enable them to prepare the workforce to support the United States’ most critical national priorities.

  • Read more about Council to recommend ways for higher education to prepare the workforce and drive global competitiveness

Useful Stats: 10-year SBIR awards by state and agency, 2013-2022

Thursday, May 11, 2023

In anticipation of America's Seed Fund week on May 15-18, 2023, this article will explore the last 10 years of Small Business Innovation Research (SBIR) program award data. These data cover all 50 states, D.C., and Puerto Rico.

In anticipation of America's Seed Fund week on May 15-18, 2023, this article will explore the last 10 years of Small Business Innovation Research (SBIR) program award data. These data cover all 50 states, D.C., and Puerto Rico.

SBIR is a highly competitive awards-based program that funds small businesses to support R&D projects with potential for commercialization. Eleven federal agencies participate in the SBIR program, each with varying budgets, requirements, and goals.

  • Read more about Useful Stats: 10-year SBIR awards by state and agency, 2013-2022

OECD Forecasts Global Change in Economic Development Activities

Wednesday, December 14, 2016

Megatrends like ageing societies and digitization are expected to shape future research and development agendas across the globe, according to a recent report by the Organisation for Economic Co-operation and Development (OECD). A broader distribution of science, technology and innovation are expected around the world due to the fast pace of economic development in emerging economies, and global competition for talent and resources will most likely intensify according to the OECD Science, Technology and Innovation Outlook 2016. Such megatrends, and others highlighted in the report, require policy responses that will likely face major constraints, including high public debt, international security threats, a possible erosion of social cohesion and the rise of influential non-state actors, the report maintains.

  • Read more about OECD Forecasts Global Change in Economic Development Activities

Students pursue greater number of funding sources for higher ed

Thursday, May 4, 2023

A recent study published in the Journal of Higher Education reveals that a college graduate’s mix of funding sources may reflect when they were born and how likely they were to obtain a graduate degree.

  • Read more about Students pursue greater number of funding sources for higher ed

Useful Stats: Impacts of the pandemic on the labor market

Thursday, May 4, 2023

Availability of a new data tool developed by the Bureau of Labor Statistics (BLS) indicates that during the period surrounding the onset of the COVID-19 pandemic, there was wide variation among the states on the ratio of unemployed persons per job opening.  Michigan peaked at 10.6 unemployed persons for each job opening, followed by Hawaii (10.3) and Nevada (10.2), far above most states, while others like D.C. (1.7) and Nebraska (2.1) and North Dakota (2.2) remained relatively unaffected.

  • Read more about Useful Stats: Impacts of the pandemic on the labor market

White House announces three actions on AI

Thursday, May 4, 2023

A new fact sheet released today from the White House outlines three recent activities related to artificial intelligence.

  • Read more about White House announces three actions on AI

Obama Administration Awards $38.8M to Support Economic, Workforce Development Projects in Coal-Impacted Communities

Wednesday, August 31, 2016

The Economic Development Administration (EDA), the Appalachian Regional Commission (ARC), and the Department of Labor’s Employment and Training Administration (ETA) have announced $38.8 million in funding as a part of the Obama administration’s Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) Initiative – a coordinated federal effort to align, leverage and target a range of federal economic and workforce development programs and resources to assist communities negatively impacted by global transition away from coal. In addition to $38.8 million in federal support, the federal partners anticipate that POWER investments will help coal-impacted communities leverage an additional $67 million from other public and private partners.

  • Read more about Obama Administration Awards $38.8M to Support Economic, Workforce Development Projects in Coal-Impacted Communities

Partnering for Progress: Commerce deputy secretary outlines strategy for strengthening U.S. global tech leadership

Thursday, February 9, 2023

Deputy Secretary of Commerce Don Graves called on business leaders to “lean into” partnerships with the public sector to strengthen the United States’ position as a global tech leader during remarks at a recent Information Technology Industry Council (ITI) summit.

Deputy Secretary of Commerce Don Graves called on business leaders to “lean into” partnerships with the public sector to strengthen the United States’ position as a global tech leader during remarks at a recent Information Technology Industry Council (ITI) summit. In his speech, Graves emphasized the crucial role that innovation in business models, human capital, and talent management strategies, including diversity and inclusion, play in driving U.S. tech leadership domestically and abroad.

  • Read more about Partnering for Progress: Commerce deputy secretary outlines strategy for strengthening U.S. global tech leadership

One missing metric

Thursday, April 27, 2023

For those readers who have seen their 53rd birthday, it was probably not a remarkable occasion. Perhaps it passed by without notice, and why should it? It isn’t regarded as a major milestone like 21, 50, 60 or 75.  What good is 53? It is often overlooked because we rarely run into it. We put 52 cards in a deck, but 53? We can’t deal with that.

Earth Day probably felt that way this year as Saturday, April 22, went by with fewer people marking its 53rd birthday than in previous years. Collectively, the gifts in its honor seem smaller, less meaningful.

For those readers who have seen their 53rd birthday, it was probably not a remarkable occasion. Perhaps it passed by without notice, and why should it? It isn’t regarded as a major milestone like 21, 50, 60 or 75.  What good is 53? It is often overlooked because we rarely run into it. We put 52 cards in a deck, but 53? We can’t deal with that.

Earth Day probably felt that way this year as Saturday, April 22, went by with fewer people marking its 53rd birthday than in previous years. Collectively, the gifts in its honor seem smaller, less meaningful.

  • Read more about One missing metric

DOL Announces Funding for Industry-Specific Sectors of Excellence in Apprenticeship

Thursday, July 7, 2016

The Employment Training Administration (ETA) released solicitations for a total of 12 ApprenticeshipUSA Single Industry Intermediary Contracts and ApprenticeshipUSA Multiple Industry Intermediary Contracts to become national ApprenticeshipUSA partners and have a leading role in the Sectors of Excellence in Apprenticeship (SEAs) in several key industries.

  • Read more about DOL Announces Funding for Industry-Specific Sectors of Excellence in Apprenticeship

DOL, White House Accepting Proposals for State Apprenticeship Programs, Membership in TechHire Initiative

Thursday, June 30, 2016

The Department of Labor’s (DOL) Employment and Training Administration (ETA) announced the second phase of the ApprenticeshipUSA program – a $175 million national effort intended to help states and regions provide pathways for workers to acquire the skills and knowledge needed for good-paying jobs in fields such as information technology, healthc

  • Read more about DOL, White House Accepting Proposals for State Apprenticeship Programs, Membership in TechHire Initiative

DOL Releases $100M FFO to Expand Tuition-Free Community College Education

Thursday, June 9, 2016

The Department of Labor’s (DOL) Employment and Training Administration (ETA) released a federal funding opportunity (FFO) for the America’s Promise Job Driven Grant Program.

  • Read more about DOL Releases $100M FFO to Expand Tuition-Free Community College Education

DOL Announces $90M for Apprenticeship Programs, Includes $30M for High-Tech Industries

Wednesday, April 27, 2016

The Department of Labor (DOL) announced that it will commit up to $90 million for the newly established ApprenticeshipUSA initiative with the intent to double and diversify the number of apprenticeships by 2018. Through the ApprenticeshipUSA program, the DOL will coordinate efforts with industry and education leaders, nonprofits, and local governments to accelerate and expand state apprenticeship strategies and grow the use of apprenticeships in new industries.

  • Read more about DOL Announces $90M for Apprenticeship Programs, Includes $30M for High-Tech Industries

The characteristics and implications of Robot Hubs around the US

Thursday, April 27, 2023

A recent project from the National Bureau of Economic Research used data from the Annual Survey of Manufactures to study the characteristics and geography of investments in robots across U.S. manufacturing establishments and find whether it revealed any impact on the economy. The team found that robotics adoption and intensity is more closely related to the size of the establishment than it is to its age. The study presents results on the distribution of robots in U.S.

  • Read more about The characteristics and implications of Robot Hubs around the US

Pennsylvania economy gets big boost from Ben Franklin Technology Partners

Thursday, April 27, 2023

Despite being hit with a recession brought on by the COVID-19 pandemic, the latest 5-year impact report from Ben Franklin Technology Partners (BFTP) shows even higher growth than the previous five years.

  • Read more about Pennsylvania economy gets big boost from Ben Franklin Technology Partners

SBA rules changes mean more opportunities, TBED orgs should take second look at SBA lending programs

Thursday, April 27, 2023

The U.S. Small Business Administration finalized new rules that provide more opportunities to leverage the agency’s flagship lending programs to support economic development strategies. The most significant changes in the rules would allow more non-depository lenders (e.g., loan funds) to participate in SBA’s lending programs, make employee ownership transitions an eligible use of loan proceeds, and remove many of the existing underwriting criteria. These changes mean tech-based economic development organizations should consider becoming approved SBA lenders.

  • Read more about SBA rules changes mean more opportunities, TBED orgs should take second look at SBA lending programs

CHIPS sets vision, strategy for National Semiconductor Technology Center

Thursday, April 27, 2023

The vision and strategy for a National Semiconductor Technology Center (NSTC), a key part of the R&D program set out in the CHIPS and Science Act, was released this week by the U.S. Department of Commerce’s National Institute of Standards and Technology (NIST).

  • Read more about CHIPS sets vision, strategy for National Semiconductor Technology Center

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