Highlights from the President's FY17 National Science Foundation Budget Request
Estimated FY16 funding levels are used for NSF comparisons, unless otherwise noted.
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Highlights from the President's FY17 Department of Education Budget Request
Enacted FY16 funding is used for comparisons, unless otherwise noted.
The president’s FY17 proposed budget would allocate $69.4 billion in discretionary funding (1.6 percent increase) for the Department of Education. Priority areas addressed in the budget proposal include increasing equity and excellence in education, providing additional support for teachers and school leaders, and expanding access, affordability, and completion in higher education.
Highlights from the President's FY17 Department of Health and Human Services Budget Request
Enacted FY16 funding levels are used for comparisons unless otherwise noted.
Highlights from the President's FY17 Department of Labor Budget Request
Enacted FY16 funding is used for comparisons unless otherwise noted.
The president’s FY17 budget proposal would provide $12.8 billion in discretionary funding for the Department of Labor (DOL), a 4.9 percent increase from FY16. Priority items supported in the budget are apprenticeships, career navigation tools, and additional reforms recommended in the Workforce Innovation and Opportunity Act (WIOA).
Highlights from the President's FY17 NASA Budget Request
FY16 enacted funding is used for NASA comparisons, unless otherwise noted.
Under the president’s FY17 budget request, NASA would receive $19 billion (1.6 percent decrease). For a number of programs, FY16 comparisons are unavailable because NASA’s FY16 operation plan has not been finalized. Priority items in the NASA budget include the development of technologies that make future space programs more affordable and capable, continued support for the Webb Telescope, and developments to catalyze growth in the American commercial space industry.
Highlights from the President's FY17 Department of Commerce Budget Request
Enacted FY16 funding levels are used for comparisons unless otherwise noted.
Highlights from the President's FY17 Environmental Protection Agency Budget Request
Enacted FY16 funding is used for comparisons unless otherwise noted.
Highlights from the President's FY17 Department of Energy Budget Request
Enacted FY16 funding is used for comparisons unless otherwise noted.
Highlights from the President's FY17 Department of Agriculture Budget Request
Estimated FY16 funding levels are used for comparisons unless otherwise noted.
Highlights from the President's FY17 Department of Defense Budget Request
Enacted FY16 funding is used for comparisons unless otherwise noted.
Highlights from the President's FY17 Department of Homeland Security Budget Request
Enacted FY16 funding is used for comparisons unless otherwise noted.
Highlights from the President's FY17 Department of Justice Budget Request
Enacted FY16 funding is used for comparisons unless otherwise noted.
The Department of Justice (DOJ) would receive $29 billion in FY17 discretionary funding under the president’s budget request, a 1 percent increase.
Highlights from the President's FY17 Department of the Interior Budget Request
Enacted FY16 funding levels are used for comparisons unless otherwise noted.
Highlights from the President's FY17 Department of the Treasury Budget Request
Enacted FY16 funding levels are used for comparisons unless otherwise noted.
RI Gov Backs $51M Plan to Jumpstart State’s Innovation Economy
Last week, Rhode Island Gov. Gina Raimondo proposed more than $51 million in investments focused on reinvigorating the state’s economy through innovative industries with the release of her fiscal year 2017 budget request.
Highlights from the President's FY17 Department of Transportation Budget Request
Enacted FY16 funding is used for the Department of Transportation comparisons, unless otherwise noted.
The president’s FY17 budget request for the Department of Transportation (DOT) totals $98.1 billion (35.5 percent increase), including a vision to build a clean transportation system for the 21st century. Notable investments in research and development from the Department of Transportation include:
Highlights from the President's FY17 Department of Housing and Urban Development Budget Request
Estimated FY16 funding is used for comparisons unless otherwise noted.
The president’s FY17 budget request for the Department of Housing and Urban Development (HUD) is $48.9 billion, a 4 percent increase. Priority funding items within HUD include rental housing assistance, ending homelessness, supporting tribal communities, and improving mobility for low-income families.
Highlights from the President's FY17 Regional Commissions Budget Request
The president’s FY17 budget proposal includes requests for four regional commissions, which work to develop the economies of economically distressed regions.
Highlights from the President's FY17 Small Business Administration Budget Request
Enacted FY16 funding levels are used for comparisons unless otherwise noted.
EDA Awards $10M for Regional Innovation Strategies
This week, U.S. Commerce Secretary Penny Pritzker announced the 25 recipients of the Economic Development Administration’s 2015 Regional Innovation Strategies grants. These awards support innovation and capacity-building in regions around the country through two grant programs: the i6 Challenge and the Seed Fund Support Grants competition. The Regional Innovation Program remains a key priority for SSTI.
Tech Companies Raised $225M on Rewards-Based Crowdfunding Platforms in 2015, Report Finds
Technology companies raised $225 million globally on rewards-based crowdfunding sites in 2015, according to a new report from the UK-based Crowdfunding Centre. In State of the Crowdfunding Nation, the Crowdfunding Centre reported that reward-based crowdfunding sites helped raise over $1.5 billion worldwide between the calendar years of 2014 and 2015. Global rewards-based crowdfunding campaigns raised $823.5 in 2015 million (a 20 percent increase over 2014) from nearly 10.2 million backers.
Useful Stats: Venture Capital Dollars and Deals by State, 2010-2015
Last year, the venture capital investment hit a 15-year high, with total dollars topping every year since 2000. A slow fourth quarter brought the remarkable trajectory of the year back down to earth, but with a total of $11.3 billion invested, 2015 became the second highest year on record since PricewaterhouseCoopers (PwC) and the National Venture Capital Association (NVCA) began the Moneytree Report in 1995. Much of this growth was due to larger deals, and, in fact, the total number of deals was down from the previous year.
IL Unveils New Private, Nonprofit Partnership to Support Economic Competitiveness
At his State of the State address last week, Gov. Bruce Rauner announced that Illinois’ principal economic development organization, the Illinois Department of Commerce & Economic Opportunity, as well as some of the state’s business leaders will collaborate to organize a newly formed private, nonprofit organization exclusively focused on increasing Illinois’ competitiveness for job creation and investment.
Council on Competitiveness Report Makes Recommendations for National Skills Agenda
As long-term trends continue to impact the U.S. economy and its recovery from the Great Recession, more must be done to develop diversely skilled and adaptable workers, according to a new report by the U.S. Council on Competitiveness.
SBA Issues Proposed Rules for Impact SBICs
In the February 3 Federal Digest, the U.S. Small Business Administration (SBA) issued proposed rules affecting Impact Small Business Investment Corporations (SBICs) and is accepting comments. In addition to codifying the existing, temporary guidelines, the proposal would add new investment certifications, change the expedited processing benefit for reduced fees and replace the branding penalty for non-compliant SBICs with the threat of imposed default.