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DOC seeking NACIE applicants

Thursday, September 16, 2021

The U.S. Department of Commerce is seeking applicants for the National Advisory Council on Innovation and Entrepreneurship (NACIE). NACIE advises the U.S.

The U.S. Department of Commerce is seeking applicants for the National Advisory Council on Innovation and Entrepreneurship (NACIE). NACIE advises the U.S. Secretary of Commerce on matters related to accelerating innovation and entrepreneurship, advancing the commercialization of research and development, promoting workforce development, and other related matters. NACIE is managed by the Economic Development Administration’s (EDA) Office of Innovation and Entrepreneurship. Members will be selected based on their ability to advise the secretary on matters relating to the acceleration of innovation and the support for and expansion of entrepreneurship, and will serve for two years. 

  • Read more about DOC seeking NACIE applicants

EPSCoR stakeholder community invited to comment on future direction

Thursday, September 16, 2021

The Committee on the Future of NSF EPSCoR (NSF's Established Program to Stimulate Competitive Research) requests input from the broad EPSCoR stakeholder community on EPSCoR’s investment strategies and opportunities for increased success. The committee was convened as part of a year-long visioning activity to guide the program.

The Committee on the Future of NSF EPSCoR (NSF's Established Program to Stimulate Competitive Research) requests input from the broad EPSCoR stakeholder community on EPSCoR’s investment strategies and opportunities for increased success. The committee was convened as part of a year-long visioning activity to guide the program. The visioning process will help determine the effectiveness of EPSCoR’s current investment strategies, as well as help consider novel strategies or changes to the current strategies that would enable NSF EPSCoR and its jurisdictional partners achieve its mission more effectively.

  • Read more about EPSCoR stakeholder community invited to comment on future direction

DOE seeks input on creation of new Clean Energy Manufacturing Institute

Thursday, September 16, 2021

The U.S. Department of Energy announced a request for information (RFI) to help inform the creation of a new Clean Energy Manufacturing Institute focused on industrial decarbonization.

The U.S. Department of Energy announced a request for information (RFI) to help inform the creation of a new Clean Energy Manufacturing Institute focused on industrial decarbonization. Released by DOE’s Office of Energy Efficiency and Renewable Energy (EERE), the RFI seeks input from stakeholders in identifying key opportunities to decarbonize energy-intensive sectors across America’s economy through public-private collaboration.

  • Read more about DOE seeks input on creation of new Clean Energy Manufacturing Institute

House outlines multi-billion-dollar investment in science, innovation (updated)

Thursday, September 16, 2021

Editor’s note, Sept. 16: This article has been updated to include additional science- and innovation-related funding proposals announced as the House continues its work on the reconciliation bill.

Editor’s note, Sept. 16: This article has been updated to include additional science- and innovation-related funding proposals announced as the House continues its work on the reconciliation bill.

Committees have marked up their drafts for the $3.5 trillion reconciliation bill, and the proposals include multiple, significant investments that could strengthen regional innovation economies. This article identifies more than $85 billion in potential innovation-focused spending without including much of the legislation’s potential R&D investments. Among the latest items are an additional $4 billion for Regional Technology Hubs and a manufacturing-focused $1 billion for the State Small Business Credit Initiative. These add to the previously-announced $5 billion for Regional Technology Hubs, nearly $3 billion to support incubators and accelerators, and dramatic increases in tuition support for higher education. Further action is required in the House and Senate before final funding is approved.

  • Read more about House outlines multi-billion-dollar investment in science, innovation (updated)

House committee advances $7 billion regional tech hubs legislation

Thursday, July 29, 2021

Earlier this week, the House science committee advanced a series of technology-focused bills, including a $7 billion authorization of regional technology hubs. This legislation completes the committee’s work to produce a companion to the Senate’s U.S.

Earlier this week, the House science committee advanced a series of technology-focused bills, including a $7 billion authorization of regional technology hubs. This legislation completes the committee’s work to produce a companion to the Senate’s U.S. Innovation and Competition Act. The House and Senate legislation are not identical, however, and so the chambers will need to bring their versions into alignment. Among the key differences are that the House authorizes less funding for the program but also creates a new regional clean energy innovation program.

  • Read more about House committee advances $7 billion regional tech hubs legislation

Biden administration releases R&D priorities memo for FY 2023 budget

Thursday, September 9, 2021

The Executive Office of the President released its first research and development memo at the end of August for fiscal year 2023. The memo is intended to provide instructions to agencies about the administration's priorities for R&D spending and activities, which should then be reflected in budget requests and agency activities. It highlights the research and development goals of the Biden administration in areas such as pandemic readiness, climate change mitigation, emerging technology, national security, public trust in STEM, and diversity and equity.

  • Read more about Biden administration releases R&D priorities memo for FY 2023 budget

NSF establishes new I-Corps Hubs to advance National Innovation Network

Thursday, September 9, 2021

NSF announced five new multi-institution I-Corps Hubs to deliver entrepreneurship training to academic researchers and scale the National Innovation Network. Each hub is funded at $3 million per year for five years and comprises a regional alliance of at least eight universities. The hubs are intended to offer a more integrated approach than the previous I-Corps Nodes and I-Corps Sites, which were funded separately. The new model will provide increase funding and enable scaling I-Corps across the country.

  • Read more about NSF establishes new I-Corps Hubs to advance National Innovation Network

2020 Halo Report: Total angel investment up, but diversity sees decrease

Thursday, September 9, 2021

Despite the pandemic and economic downturn of 2020, the amount of money invested by angel investors increased more than 6 percent over 2019, according to the 2020 Halo Report, an annual report on angel investments primarily within the United States released collaboratively by the Angel Resource Institute and Pitchbook. The report provides financial metrics on seed and Series A angel investments with key insights into regional differences, while offering an analysis on the demographic trends among the CEOs of companies at these stages.

  • Read more about 2020 Halo Report: Total angel investment up, but diversity sees decrease

MBDA awards $3.7M in grants for specialty centers with emphasis on manufacturing

Thursday, September 9, 2021

The U.S. Department of Commerce’s Minority Business Development Agency (MBDA) awarded $3.7 million total in federal funding across nine grant recipients to establish MBDA Advanced Manufacturing Centers, Export Centers, and a Federal Procurement Center.

  • Read more about MBDA awards $3.7M in grants for specialty centers with emphasis on manufacturing

SSTI Annual Conference moving to spring 2022

Thursday, September 2, 2021

In addition to the information we share through our in-person gatherings, one of the key elements of our conferences has always been the connections we make, both old and new. We always strive to bring you the best possible experience at our Annual Conference, and we know from your feedback that being able to meet in-person and network is something you value as highly as we do. As an organization with science at its core, we've been following where the science leads us throughout the pandemic. With the high level of contagion of the delta variant and the CDC's guidance that vaccinated people wear masks indoors in areas with significant and high spread, we've come to the conclusion that it is best for us to postpone our Annual Conference until spring of 2022.

  • Read more about SSTI Annual Conference moving to spring 2022

Economic development and the tipping point

Thursday, February 14, 2019

As the number of weather-related news stories increase, more Americans are recognizing the world’s climate is changing (see here and here, for instance).

As the number of weather-related news stories increase, more Americans are recognizing the world’s climate is changing (see here and here, for instance). Cold temperatures and large amounts of precipitation may hold our immediate attention (we are, after all, a culture increasingly obsessed with the short-term, instant or immediate), but a larger story is unfolding that has the scientists who have studied various aspects of climate-related issues for decades increasingly using a two-word phrase that could have terrifyingly significant repercussions if, and when, we can look back to see it is truly happening. The phrase is tipping point – that moment when certain aspects fueling climate change will fuel themselves, creating feedback loops independent of our own future behavior. 

  • Read more about Economic development and the tipping point

Federal Reserve examines racial equity challenges within fintech

Thursday, August 26, 2021

Prior to the COVID-19 outbreak and made more urgent by its financial impact on low-income households and households of color, the Federal Reserve Bank of San Francisco’s Fintech Team and the Aspen Institute’s Financial Security Program has been exploring how the greater racial equity goals in financial systems intersects with the growing field of digital financial technology, or fintech.

  • Read more about Federal Reserve examines racial equity challenges within fintech

New America seeks to support novel community college workforce development programs

Thursday, August 26, 2021

New America has announced a second round of funding for their New Models for Career Preparation program, a project that aims to discover scalable principles that go into creating high-quality, non-degree programs at community colleges.

  • Read more about New America seeks to support novel community college workforce development programs

Primer considers policy options that could grow bioeconomy

Thursday, August 26, 2021

A new Congressional Research Service (CRS) primer provides an overview of the bioeconomy and offers some potential federal policy considerations for strengthening the competitiveness of the U.S. in the global bioeconomy. Although it does not cover individual sectors that contribute to the bioeconomy, it gives a broad, macro-level perspective that may aid in a general understanding of that segment of the economy. The report offers an overview of past federal and legislative bioeconomy initiatives, but notes that it is not a comprehensive compilation of those activities.

  • Read more about Primer considers policy options that could grow bioeconomy

PA creating Innovation Economy Dashboard

Thursday, August 26, 2021

The Pennsylvania Department of Community and Economic Development (DCED) in partnership with a student team at Carnegie Mellon University has developed a new Innovation Economy Dashboard that is intended to help inform policymaking decisions based on reliable data. The dashboard and an accompanying report on Pennsylvania’s Innovation Economy originated from Gov.

  • Read more about PA creating Innovation Economy Dashboard

Useful Stats: Federal S&E funding to higher ed by city, institution, and type of activity in 2019

Thursday, August 26, 2021

Understanding how federal funding for the science and engineering (S&E) activities of the nation’s institutions of higher education (IHEs) is distributed locally within states can help innovation leaders develop programs and policies tailored more carefully to the varying conditions of regional innovation economies.

  • Read more about Useful Stats: Federal S&E funding to higher ed by city, institution, and type of activity in 2019

Primer considers policy options that could grow bioeconomy

Thursday, August 26, 2021

A new Congressional Research Service (CRS) primer provides an overview of the bioeconomy and offers some potential federal policy considerations for strengthening the competitiveness of the U.S. in the global bioeconomy. Although it does not cover individual sectors that contribute to the bioeconomy, it gives a broad, macro-level perspective that may aid in a general understanding of that segment of the economy. The report offers an overview of past federal and legislative bioeconomy initiatives, but notes that it is not a comprehensive compilation of those activities.

  • Read more about Primer considers policy options that could grow bioeconomy

Useful Stats: Median Household Income by State, 1984-2018

Thursday, October 24, 2019

While rankings and annual indices are catnip for some looking to gain attention for their latest rankings, SSTI has always argued that it’s long-term trends that give the best sense of where a state or region stands. With recent release of income data, SSTI has examined the last 34 years data in median household income for each state. SSTI found that while median household income — adjusted to 2018 dollars — has risen in nearly every state and the U.S. since 1984 with an average annual rate of increase of 0.8 percent, the growth, not surprisingly, varies widely among individual states.

While rankings and annual indices are catnip for some looking to gain attention for their latest rankings, SSTI has always argued that it’s long-term trends that give the best sense of where a state or region stands. With recent release of income data, SSTI has examined the last 34 years data in median household income for each state. SSTI found that while median household income — adjusted to 2018 dollars — has risen in nearly every state and the U.S. since 1984 with an average annual rate of increase of 0.8 percent, the growth, not surprisingly, varies widely among individual states.

  • Read more about Useful Stats: Median Household Income by State, 1984-2018

Useful Stats: Business R&D growing more concentrated in fewer states

Thursday, October 17, 2019

Business R&D activity has been historically concentrated in a few states and became even more so in 2017, according to a National Science Foundation issue brief on the latest Business Research & Development and Innovation Survey (BRDIS).

  • Read more about Useful Stats: Business R&D growing more concentrated in fewer states

EDA launches $2 million STEM Talent Challenge

Thursday, August 12, 2021

The U.S. Economic Development Administration (EDA) has launched the FY 2021 $2 million STEM Talent Challenge to support programs to train science, technology, engineering, and math (STEM) talent and fuel regional innovation economies across the nation.

  • Read more about EDA launches $2 million STEM Talent Challenge

Congress begins work on $3.5 trillion human infrastructure, includes $45 billion for House science to allocate

Thursday, August 12, 2021

Early on Wednesday, the Senate passed a budget resolution that will serve as the framework for a human infrastructure bill. The current proposal is for $3.5 trillion in spending. This legislation, should it pass, seems likely to include substantial funding for regional innovation. More specifically, the Senate’s plans indicate that funding would support Regional Technology Hubs and other components of the US Innovation and Competition Act (USICA). 

  • Read more about Congress begins work on $3.5 trillion human infrastructure, includes $45 billion for House science to allocate

SBA announces new recipients of FAST awards

Thursday, August 12, 2021

Yesterday, the U.S.

Yesterday, the U.S. Small Business Administration issued 33 grant awards up to $125,000 each for specialized training, mentoring, and technical assistance for research and development (R&D)-focused small businesses under the Federal and State Technology (FAST) Partnership Program.  FAST seeks to improve outcomes in the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs for underserved communities by increasing participation from women-owned, rural-based, and socially or economically disadvantaged small businesses.

  • Read more about SBA announces new recipients of FAST awards

Useful Stats: Nearly 90 percent of all federal support to colleges and universities for science & engineering in 2019 came from just three agencies

Thursday, August 12, 2021

Federal funding is a major source of support for the science and engineering (S&E) activities of the nation’s institutions of higher education (IHEs). This week’s edition of Useful Stats shows that in 2019 (the most recent year for which data is available), the vast majority — 87.6 percent or $33.4 billion— of that federal support came from only three agencies: the Department of Health and Human Services (HHS), the National Science Foundation (NSF), and the Department of Defense (DoD).

  • Read more about Useful Stats: Nearly 90 percent of all federal support to colleges and universities for science & engineering in 2019 came from just three agencies

Regional innovation highlights in infrastructure bill

Thursday, August 5, 2021

Editor’s note: The Senate passed the Infrastructure and Investment Jobs Act on Aug. 10, 2021. This article has been updated to reflect the final amendments and new information on next steps for the legislation.

  • Read more about Regional innovation highlights in infrastructure bill

SSTI provides brief on SSBCI

Sunday, August 1, 2021

The American Rescue Plan Act provides $10 billion for the State Small Business Credit Initiative (SSBCI) as part of the national response to the coronavirus pandemic-induced recession. This funding is unlike other small business assistance programs funded during the emergency so far in that SSBCI specifically provides funds to states — at least $56 million per state — to use for their own capital access initiatives, including programs that make investments in small businesses.

  • Read more about SSTI provides brief on SSBCI

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