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Workforce recovery could help redefine nation

Thursday, June 18, 2020

With efforts underway to return people to jobs, the time is ripe to rethink our approach to the workforce. Instead of returning to the way things were, now is the time to re-think the kind of country we want to have says Carl Van Horn, founding director of the Heldrich Center for Workforce Development at Rutgers University. Van Horn and Jane Oates, president of WorkingNation, presented their ideas for workforce recovery and lessons learned from the Great Recession during a Federal Reserve Bank of Atlanta Center of Workforce Development webinar yesterday.

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U.S. National Nanotechnology Initiative strong but future threatened by rise in global R&D competitors

Thursday, June 18, 2020

The National Academies of Sciences, Engineering, and Medicine recently released its report on the state of the U.S. National Nanotechnology Initiative (NNI) — authorized by the 21st Century Nanotechnology Research and Development Act of 2003 to coordinate the nanotech-related R&D activities of 26 federal agencies — finding that although the U.S. has maintained a strong program it is increasingly challenged by international competitors.

The National Academies of Sciences, Engineering, and Medicine recently released its report on the state of the U.S. National Nanotechnology Initiative (NNI) — authorized by the 21st Century Nanotechnology Research and Development Act of 2003 to coordinate the nanotech-related R&D activities of 26 federal agencies — finding that although the U.S. has maintained a strong program it is increasingly challenged by international competitors. Specifically, the report names China as the primary contender for the U.S.’ spot at the top and attributes its success to strong Chinese leadership and commitment to substantial investment in the field. Looking toward the future, the authors reevaluated the NNI’s stated goals, identified three priorities to ensure the NNI vision can be carried out moving forward, and conclude with five key recommendations needed to meet these priorities and carry out the NNI vision.

  • Read more about U.S. National Nanotechnology Initiative strong but future threatened by rise in global R&D competitors

MassTech annual innovation report focused on special analysis of entrepreneurial ecosystems, 10 “Leading Technology States”

Thursday, June 18, 2020

The Massachusetts Technology Collaborative (MassTech) — the state agency responsible for strengthening the commonwealth’s position as a leading hub for innovation and entrepreneurship — recently released the 2019 edition of its annual report, The Index of the Massachusetts Innovation Economy, which includes an updated list of the 10 leading technology states  and a detailed special analysis on entrepreneurial ecosystems. As a globally recognized center of science- and technology-based innovation, communities across the U.S.

The Massachusetts Technology Collaborative (MassTech) — the state agency responsible for strengthening the commonwealth’s position as a leading hub for innovation and entrepreneurship — recently released the 2019 edition of its annual report, The Index of the Massachusetts Innovation Economy, which includes an updated list of the 10 leading technology states  and a detailed special analysis on entrepreneurial ecosystems. As a globally recognized center of science- and technology-based innovation, communities across the U.S. can learn from Massachusetts’ successes as well as from the challenges the state faces in further strengthening its entrepreneurship ecosystem.

  • Read more about MassTech annual innovation report focused on special analysis of entrepreneurial ecosystems, 10 “Leading Technology States”

Clean energy innovations in national spotlight

Thursday, June 18, 2020

State innovations in the development and implementation of clean energy programs have received national attention with the announcement of the 2020 State Leadership in Clean Energy Award winners. Presented by the Clean Energy State Alliance (CESA), the awards recognize state and municipal programs’ accomplishments in the clean energy field.

  • Read more about Clean energy innovations in national spotlight

Funding from Defense, EDA available

Thursday, June 11, 2020

In separate announcements this week, the Department of Defense Office of Economic Adjustment (OEA) and the Economic Development Administration (EDA) revealed funding opportunities that can assist efforts to transform American innovations and support the growth of new companies.

Department of Defense

  • Read more about Funding from Defense, EDA available

US universities work towards UN’s Sustainable Development Goals

Thursday, June 11, 2020

The Times Higher Education Impact Rankings has measured 768 universities around the world against the United Nations Sustainable Development Goals (SDGs). Combining research and activity metrics, the 2020 rankings place institutions from New Zealand and Australia in the top four spots, with U.S. universities holding 14 places within the top 200.

  • Read more about US universities work towards UN’s Sustainable Development Goals

US bioscience industry at record strength

Thursday, June 11, 2020

The U.S. bioscience industry is helping to meet the challenges presented by the pandemic through two, key characteristics: its innovative capacity to address global challenges, and its role as a consistent economic stalwart, with a track record of generating high-quality jobs and growth that has acted as a key buffer during prior economic recessions.

  • Read more about US bioscience industry at record strength

National Science Board announces vision for securing US leadership in science and engineering for the next decade

Thursday, June 11, 2020

The U.S. has long been the global leader in science and engineering (S&E), but that position is being increasingly challenged with China likely surpassing the U.S. in total Research and Development (R&D) investment in 2019. Accounting for this changing landscape, the National Science Board (NSB) recently released its Vision 2030 report.

The U.S. has long been the global leader in science and engineering (S&E), but that position is being increasingly challenged with China likely surpassing the U.S. in total Research and Development (R&D) investment in 2019. Accounting for this changing landscape, the National Science Board (NSB) recently released its Vision 2030 report. It identifies the primary challenges facing the S&E enterprise in the United States, the essential elements of leadership, and a roadmap for implementing these recommendations and maintaining U.S. leadership in S&E for the next decade.

  • Read more about National Science Board announces vision for securing US leadership in science and engineering for the next decade

Students design bio-inspired ideas to provide climate crisis solutions

Thursday, June 11, 2020

Despite a school year disrupted by the pandemic, teams of students from across the nation submitted a host of ideas in the latest Biomimicry Institute’s Youth Design Challenge (YDC). The YDC brings the process of nature-inspired design into the classroom of middle and high school students, who collaborate in teams to solve sustainability problems using nature as a guide.

  • Read more about Students design bio-inspired ideas to provide climate crisis solutions

Manufacturers key to economic recovery

Thursday, June 11, 2020

With the nation in the midst of a recession following 128 months of economic expansion, many are asking how we will find our way out. Turning to a long-time strength for the nation and relying on our manufacturing industry is one way.

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State budget recovery likely years away, SSTI analysis shows

Thursday, June 4, 2020

A new report from the Congressional Budget Office (CBO) indicates that the U.S.

A new report from the Congressional Budget Office (CBO) indicates that the U.S. economy through 2030 will have $8 trillion (as measured in 2019 dollars) less in economic activity than the CBO projected just five months ago.  Combined with SSTI’s recent examination of economic recovery that found it took 20 states at least four years for their economy to recover back to Great Recession levels, the impact on state budgets can be expected to be long lasting. In fact, a new examination by SSTI finds that through FY 2018, 15 states’ general revenue funds had not recovered to FY 2008 levels (as measured in 2018 dollars) based on data collected by the National Association of State Budget Officers (NASBO). For an additional 16 states, it took seven to 10 years to reach FY 2008 levels.

  • Read more about State budget recovery likely years away, SSTI analysis shows

Congress passes changes to PPP

Thursday, June 4, 2020

The House and Senate have both passed a bill that would alter the SBA’s Paycheck Protection Program. Businesses will now have up to 24 weeks to use forgivable funds, instead of the original eight weeks. The portion of the costs that must be spent on payroll has been reduced from 75 percent to 60 percent. The bill also changes many of the original legislation’s hard deadlines from the end of June to Dec. 31.

  • Read more about Congress passes changes to PPP

Small businesses reeling; 10 to 50 percent may go out of business

Thursday, June 4, 2020

A trio of recent reports reflect the pernicious effects the pandemic is having on small businesses. Last month, a survey from the Society for Human Resource Management (SHRM) found that 52 percent of small businesses expected to be out of business within six months. SHRM President and CEO Johnny C.

  • Read more about Small businesses reeling; 10 to 50 percent may go out of business

Updated SBIR/STTR website more organized and accessible

Thursday, June 4, 2020

The Small Business Administration (SBA) recently rolled out a new website for the SBIR/STTR program which SBA administers. Reorganized and including new landing pages for entrepreneurs, support organizations, and federal agencies, the new page provides quicker and easier access to the right information.

  • Read more about Updated SBIR/STTR website more organized and accessible

Higher education enrollment further threatened by pandemic, proclamation

Thursday, June 4, 2020

The pandemic’s negative impact on enrollment at institutions of higher education is getting even more complicated. New figures show that the number of students that have completed the Free Application for Federal Student Aid (FAFSA), a figure that serves as an indicator for postsecondary enrollment, has decreased.

  • Read more about Higher education enrollment further threatened by pandemic, proclamation

SSTI hosting EDA to discuss CARES funding – including forthcoming innovation opportunity

Thursday, May 28, 2020

Join us for a special SSTI webinar on June 9th, when U.S. Economic Development Administration representatives will share information regarding $1.5 billion in economic development grants available for coronavirus response and recovery efforts at the local, state and regional levels. The EDA team also will discuss the pending innovation and entrepreneurship challenge component of the funding. Join us to learn more about qualifying for grants, which types of project support/assistance will be funded, how to apply, and more. There will be time for Q&A at the end of the presentation.

  • Read more about SSTI hosting EDA to discuss CARES funding – including forthcoming innovation opportunity

Useful Stats: Growth in metropolitan per capita income, 2009-2018

Thursday, May 28, 2020

The largest increases in per capita income for metropolitan and micropolitan statistical areas (MSAs) within the United States have occurred primarily within the Western, Mountain and Great Lakes states, according to data recently released by the Bureau of Economic Analysis. Nearly every MSA experienced greater income levels in 2018 when compared to their 10-year average.

  • Read more about Useful Stats: Growth in metropolitan per capita income, 2009-2018

Bipartisan legislation would provide $110 billion for R&D, regional innovation

Thursday, May 28, 2020

A bipartisan, bicameral group of legislators have introduced bills that would make a five-year commitment to increase America’s investment in R&D by $100 billion, while also investing $10 bi

  • Read more about Bipartisan legislation would provide $110 billion for R&D, regional innovation

NIST appoints new associate director for innovation and industry services

Thursday, May 28, 2020

Last week, the U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) named Mojdeh Bahar as the new associate director for innovation and industry services (ADIIS).

  • Read more about NIST appoints new associate director for innovation and industry services

Cybersecurity Manufacturing Innovation Institute to help secure America’s manufacturing sector

Thursday, May 28, 2020

Last week, the U.S. Department of Energy (DOE) announced that the Cybersecurity Manufacturing Innovation Institute (CyManII) will be led by the University of Texas San Antonio (UTSA). CyManII will lead a national consortium with partners from industry, universities, and three DOE National Laboratories (Idaho, Oak Ridge, and Sandia). Its focus: to make U.S.

  • Read more about Cybersecurity Manufacturing Innovation Institute to help secure America’s manufacturing sector

SSTI poll shows overwhelming support for innovation platform

Thursday, May 21, 2020

Advances in science and technology have lifted the United States out of past economic downturns, and Americans are eager for a new commitment to research and innovation to be made now. Even at the outset of unprecedented economic conditions, more than 90 percent of the electorate supported expanded efforts to strengthen the key elements of a knowledge-driven economy.

These are among the findings of a recent poll conducted by GQR and TargetPoint Consulting for SSTI.

  • Read more about SSTI poll shows overwhelming support for innovation platform

SSTI launches new initiative to advance innovation policy

Thursday, May 21, 2020

SSTI is launching a new initiative to improve innovation policy across the country with support from the Ewing Marion Kauffman Foundation. To achieve the goal of improving innovation policy, SSTI will be working with its members and other entrepreneurial support organizations to cultivate new policy champions from the ground up.

  • Read more about SSTI launches new initiative to advance innovation policy

Useful Stats: Post-recession GDP recovery by state, 2000-2019

Thursday, May 21, 2020

As the world begins to emerge from the “Great Lockdown” and governments increasingly turn their efforts towards reopening economies, many will look to past recessions for lessons on recovery. This edition of Useful Stats examines the rate of real GDP recovery by state following the recessions of 2001 and 2008.

  • Read more about Useful Stats: Post-recession GDP recovery by state, 2000-2019

Pew: How states pay for natural disasters in an era of rising costs

Thursday, May 21, 2020

A new Pew study sheds light on how states utilize budgeting tools in response to natural disasters. The study identifies five key tools used by states — statewide disaster accounts, rainy day funds, supplemental appropriations, transfer authority, and state agency budgets — and discusses eligibility and restrictions around each.

  • Read more about Pew: How states pay for natural disasters in an era of rising costs

Innovation Index reveals record high startup creation

Thursday, May 21, 2020

SSTI Note: Benchmarking innovation-driven entrepreneurship and the impacts of other science, technology and venture development activity in your state or region is more important than ever in the post-pandemic economy. Understanding the gains made prior to the onset of the coronavirus – and the inevitable setbacks resulting from its economic shocks – will be important for helping to build support and momentum for your initiatives going forward.

  • Read more about Innovation Index reveals record high startup creation

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In the 30 years SSTI has been in existence and the 85 years of concerted federal focus on scientific discover and innovation, the priority of public-private R&D investment has been overwhelmingly nonpartisan. A recent report from the Pew Research Center confirms the cold-war, global competitiveness arguments for U.S science and technology still hold sway across political parties, but fissures in who should pay and who should work on science and tech efforts are beginning to grow. 

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Recent Research: Cross-industry knowledge flows support high-tech entrepreneurship

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