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Brookings Examines Emerging Model of Metro Innovation Districts

Thursday, June 12, 2014

A growing number of metropolitan areas are incorporating urban density and connectedness into their innovation strategies by fostering innovation districts devoted to research commercialization, entrepreneurship and housing for highly skilled workers, according to a new report from the Brookings Institution.  The districts combine the concentrated research activities of science parks with the accessibility and economic ties of city neighborhoods.

  • Read more about Brookings Examines Emerging Model of Metro Innovation Districts

Study Examines the Impact of Policy Dynamics on University Innovation in Three Southern States

Thursday, June 12, 2014

In a recent comparative study of state S&T policy dynamics in Georgia, Missouri and Texas, authors Jarrett Warshaw and James Hearn examine the nature of state efforts intended to bring together government, universities and industry to support innovation at publically funded universities and spur economic development.

  • Read more about Study Examines the Impact of Policy Dynamics on University Innovation in Three Southern States

NSF-NIH Pilot to Offer Boot Camp for Biomedical Innovators

Wednesday, June 18, 2014

A pilot collaboration between the National Science Foundation (NSF) Innovation Corps (I-Corps™) and the National Institutes of Health (NIH) will offer a nine-week boot camp to help biomedical researchers bring their discoveries to market. Academic researchers and entrepreneurs who have received SBIR/STTR Phase One awards from participating NIH institutes may apply to the I-Corps at NIH™ for training in building scalable business models around their technologies.

  • Read more about NSF-NIH Pilot to Offer Boot Camp for Biomedical Innovators

Commerce Calls for New Members on Innovation and Entrepreneurship Council

Thursday, June 19, 2014

Department of Commerce Secretary Penny Pritzker announced this week that the department would be accepting applications for new members to serve on the National Advisory Council on Innovation and Entrepreneurship (NACIE). The council advises the secretary on issues related to innovation, entrepreneurship and job skills training.  The secretary uses the council as a vehicle to facilitate dialogue between the agency and the innovation community. Members will be drawn from a mix of geographic locations, as well as from the private, government, academic and nonprofit sectors.

  • Read more about Commerce Calls for New Members on Innovation and Entrepreneurship Council

White House Enlists Makers, Cities to Spur National Manufacturing Economy

Thursday, June 19, 2014

This week, the White House hosted its first Maker Faire where President Obama announced a number of new public-private collaborative efforts to spur U.S. manufacturing entrepreneurship. In order to capitalize on the recent spike in manufacturing entrepreneurship, the administration is enlisting more than 90 mayors and local leaders to make new spaces available for manufacturing and prototyping.

  • Read more about White House Enlists Makers, Cities to Spur National Manufacturing Economy

TBED People On The Move

Thursday, June 19, 2014

Spencer Eccles, executive director of the Utah Governor's Office of Economic Development, is departing state government to form a private investment company.

Travis Sheridan, currently the assistant vice president for innovation and entrepreneurship for the St. Louis Economic Development Partnership, will become the new executive director of the Venture Café Foundation.

  • Read more about TBED People On The Move

Crowdfunding: Gender and the Democratization of Small Business Finance

Thursday, June 19, 2014

Crowdfunding is touted by its proponents as a model that can democratize and neutralize gender bias in the existing small business investment community, for both female investors and entrepreneurs. Crowdfunding proponents point toward the disproportionate number of middle-aged men who are angel investors or work in the venture capital industry. Two recent academic research studies have found that reward-based crowdfunding in the U.S. and peer-to-peer (P2P) lending in Germany and the United States appear to be opening up opportunities for female entrepreneurs and investors.

  • Read more about Crowdfunding: Gender and the Democratization of Small Business Finance

Mixed Bag for Michigan Talent Initiatives in FY15 Budget

Monday, June 23, 2014

Lawmakers approved funding for a bond program that dedicates $50 million for re-tooling community colleges with the latest equipment, but failed to pass a larger proposal that would allow universities to compete for $100 million in bond funds for capital improvements to enhance engineering programs. The budget also includes $2 million to establish a new fund for global marketing of Michigan’s automotive sector and support of public-private collaborations with the auto industry.

  • Read more about Mixed Bag for Michigan Talent Initiatives in FY15 Budget

Manufacturing Resurgence Attracts Attention of State Legislatures

Thursday, June 26, 2014

The recent uptick in U.S. manufacturing activity, along with the attention generated by additive manufacturing and the Makers movement, has led to an increase in state initiatives to help cash in on this growth. In recent months, New York, Connecticut, Maryland, and Arizona have all taken steps to build stronger manufacturing sectors through research collaborations, grants and tax credits. Leaders in Colorado and New Jersey have pursued their own cluster-specific efforts to build stronger high-tech industries.

  • Read more about Manufacturing Resurgence Attracts Attention of State Legislatures

Lab Space, Commercialization Support Backed by State Governments

Thursday, June 26, 2014

State legislators in many parts of the country took action this year to fund the construction of research infrastructure and provide financial support for commercialization. In Kansas, New York, Georgia, Maine and Wyoming, legislators funded the construction of laboratories and other innovative spaces at public universities to boost the high-tech economy. In Colorado, Maryland and a number of universities, new initiatives were rolled out to support public-private research collaborations and the commercialization of cutting-edge technology.

  • Read more about Lab Space, Commercialization Support Backed by State Governments

Lawmakers Tackle Workforce, STEM and Higher Ed Policy

Thursday, June 26, 2014

Addressing accessibility, affordability and ensuring workforce preparedness topped legislators’ agendas in many states during the 2014 sessions. States and regions are increasingly competing for talent as the trend toward growing and nurturing innovation ecosystems continues.

  • Read more about Lawmakers Tackle Workforce, STEM and Higher Ed Policy

States Shift Priorities Toward Long-Term Research Capacity Building

Thursday, June 26, 2014

With an eye toward long-term payoffs associated with investments in research, lawmakers dedicated funds and strengthened ties with industry partners. Some states made significant investments in facilities and R&D to grow cancer research capabilities, while others looked to universities to establish new avenues for discovery or attract star researchers. In Washington, the life sciences community banded together to save a nine year-old grant fund that invests in R&D and helps the state remain competitive.

  • Read more about States Shift Priorities Toward Long-Term Research Capacity Building

Crowdfunding Exemptions, Tax Credits Among Capital Programs Passed by State Policymakers

Thursday, June 26, 2014

Several states announced new or expansions to existing capital programs during the 2014 legislative session. The proposals targeted increasing the availability of venture/risk capital for job creation and establishing or expanding angel tax credits to spur investment in targeted sectors. Nebraska lawmakers allocated $50,000 to support and increase venture capital in the state. In Minnesota, Gov. Mark Dayton extended the state’s Angel Tax credit for two more years and added additional funds.

To continue the growing trend of intrastate crowdfunding, six states passed exemptions including Alabama, Indiana, Maine, Maryland, Tennessee, and Washington.

  • Read more about Crowdfunding Exemptions, Tax Credits Among Capital Programs Passed by State Policymakers

As Federal Legislation Stalls, States Pass Bills to Curb Patent Trolling

Thursday, June 26, 2014

While the promise of federal legislative reform for 2014 dims, as many as 21 states may have patent troll laws on the books before the end of the year. Although most of the power to curb patent trolling is held by the federal government, these state laws provide mechanisms to allow for action to be taken against any person that makes a bad faith assertion of patent infringement and other abusive patent litigations.

  • Read more about As Federal Legislation Stalls, States Pass Bills to Curb Patent Trolling

As Industry Leaders Seek Innovation, Corporate Accelerators Continue To Emerge

Wednesday, November 19, 2014

More and more established companies are trying to keep pace with technological changes by increasing their presence in the startup community. Although some companies choose to locate divisions such as software in places like the Bay Area, others are taking a more hands-on approach. Corporate accelerators function as startup accelerators that receive significant and public support from established firms such as financial investments, privileged access to resources, official endorsements by the corporation, as well as continued organizational ties.

  • Read more about As Industry Leaders Seek Innovation, Corporate Accelerators Continue To Emerge

CA, MN University Systems Take Different Approaches to Startup Support

Thursday, September 25, 2014

Within the past month, two of America’s major research universities – the University of California system (first in total R&D expenditures, according to the NSF) and the University of Minnesota-Twin Cities (eleventh in total R&D expenditures) announced new funds to increase the rate at which their students, faculties, and researchers are able to commercialize their ideas into new businesses.

  • Read more about CA, MN University Systems Take Different Approaches to Startup Support

NIH Announces $46 Million in First Round of Funding for BRAIN Initiative

Wednesday, October 1, 2014

The National Institutes of Health (NIH) announced its first round of investments totaling $46 million under the Brain Research through Advancing Innovative Neurotechnologies (BRAIN) Initiative. The $46 million will support more than 100 investigator-led research projects in 15 states and several countries to support the development of new tools and technologies to understand neural circuit function and capture a dynamic view of the brain in action.

  • Read more about NIH Announces $46 Million in First Round of Funding for BRAIN Initiative

President’s S&T Advisors Stress Need for ‘Middle Skills’ Training

Thursday, October 2, 2014

New partnerships are needed between the IT community, government and institutions of higher learning to help bridge the American skills gap, according to the President’s Council of Advisors on Science and Technology (PCAST). In a letter to the president, PCAST notes that online solutions could provide people without secondary degrees with the training needed to fill high-demand IT jobs.

  • Read more about President’s S&T Advisors Stress Need for ‘Middle Skills’ Training

CA Gov Signs Bill to Offer Bachelor’s Degrees in ‘High-Demand’ Fields at Community Colleges

Thursday, October 2, 2014

On September 28, California Gov. Jerry Brown signed SB 850 into law, which establishes a pilot-program that will allow 15 of the state’s community colleges to launch low-cost bachelor’s degree programs in vocational fields of high demand by state industries.

  • Read more about CA Gov Signs Bill to Offer Bachelor’s Degrees in ‘High-Demand’ Fields at Community Colleges

Race-Based Stereotypes Hamper STEM Participation Among African-American Women

Thursday, October 2, 2014

Although black women may show more interest in STEM majors than white women as they enter college, they are less likely to earn a degree in those fields according to new research in Cultural Diversity and Ethnic Minority Psychology.

  • Read more about Race-Based Stereotypes Hamper STEM Participation Among African-American Women

SBA To Fund Regional Innovation Clusters in NM, WI, Ozarks, Gulf Coast

Thursday, October 2, 2014

The U.S. Small Business Administration has announced four new Regional Innovation Clusters that will be included among its portfolio of high-performing regional networks. Awardee clusters will receive $500,000-$550,000 for mentoring, counseling, pitch development and other small business support programs. The new members of SBA’s cluster portfolio include Milwaukee’s Water Technology Cluster, Southeastern New Mexico’s Autonomous and Unmanned Systems Cluster, a Retail, Supply Chain and Food Processing Cluster spanning the Ozarks region and a Marine Industries Cluster in several Gulf Coast states.

  • Read more about SBA To Fund Regional Innovation Clusters in NM, WI, Ozarks, Gulf Coast

Working Toward Equity in Development Outside Urban Core

Thursday, October 2, 2014

After decades of seeing their suburbs thrive while their cores decayed, cities across the United States  are receiving a long overdue influx of talent and capital in what Alan Ehrenhalt describes as the “great inversion.” While a large proportion of wealth and population in many regions still lives in the suburbs, trends are shifting, and it’s not just anecdotal.

  • Read more about Working Toward Equity in Development Outside Urban Core

Over 1,600 Manufacturers Hold Activities in Honor of Manufacturing Day

Tuesday, October 7, 2014

Each year, the first Friday in October marks Manufacturing Day, a quasi-holiday where manufacturers nationwide open their doors to host open houses, tours, workshops, and other events to educate the public on the current state of American manufacturing. Although the phrase “American manufacturing” may conjure up images of oversized equipment or Rust Belt decay, the industry is, by many accounts, thriving. One of the highlights of this year’s Manufacturing Day was Jay Williams, the Assistant Secretary of Commerce for Economic Development’s announcement of a nearly $1.9 million EDA grant to Wichita State University in South Kansas to support advanced manufacturing, fueling the creation of 500 jobs and providing competitive advantage to the region’s transportation equipment manufacturing industry.

  • Read more about Over 1,600 Manufacturers Hold Activities in Honor of Manufacturing Day

DOD To Award More Than $100M to Establish an Integrated Photonics Manufacturing Institute

Wednesday, October 8, 2014

In celebration of National Manufacturing Day, the Obama Administration announced it will release a new competition to award more than $100 million to launch a new Institute for Manufacturing Innovation (IMI) focused on Integrated Photonics. The proposed Integrated Photonics Institute will assist in developing an end-to-end photonics ‘ecosystem’ in the U.S. and support research and development efforts across the country on domestic foundry access, integrated design tools, automated packaging, assembly and test, and workforce development in the research area related to photonics.

  • Read more about DOD To Award More Than $100M to Establish an Integrated Photonics Manufacturing Institute

DOD SBIR-Funded Program Meets Most Goals, But Participation by Women/Minorities is Low

Wednesday, October 8, 2014

The Department of Defense’s (DOD) SBIR program is meeting three of its four legislative/mission-related goals, according to new study from the National Research Council (NRC) of the National Academies – SBIR at the Department of Defense. Those four congressional objectives of the DOD SBIR program are to:

  • Read more about DOD SBIR-Funded Program Meets Most Goals, But Participation by Women/Minorities is Low

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Recent Research: How can states ensure effectiveness of R&D incentives?

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Useful Stats: Higher education R&D expenditures reach $117 billion in FY 2024

Thursday, January 8, 2026

Higher Education R&D expenditures jumped 8%, or nearly $9 billion, from fiscal year (FY) 2023 to 2024, reaching an all-time high of over $117 billion, reveals new Higher Education R&D (HERD) survey data. The funding sources of HERD expenditures remain proportionally unchanged from the prior year, with all sources increasing, and the federal government ($5 billion) and institution funds ($2.5 billion) accounting for the largest dollar increases.

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TBED Works: MTI delivers on economic growth by supporting early-stage companies in targeted sectors

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