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Type

  • weekly_digest (9214)
Displaying 7776 - 7800 of 9214
Authored on

$5.5B for R&D in CA among critical state ballot initiatives

Thursday, October 8, 2020

With the general election less than one month away, SSTI has reviewed the 120 state ballot initiatives throughout the country for innovation-related issues. Education, gig workers, redistricting and issues surrounding elections and state budgets are scattered across the country and can affect the future of innovation through funding, talent and political will. Read below for coverage on the initiatives that could have an impact on different segments of the economy and the future of innovation.

  • Read more about $5.5B for R&D in CA among critical state ballot initiatives

What Biden proposes for science and innovation

Thursday, August 20, 2020

[Update Oct. 1] Editor’s note: On Sept. 23, the Biden campaign announced a “Small Business and Entrepreneurship Advisory Council.” A description has been added to the “Small Business” section of this article.

  • Read more about What Biden proposes for science and innovation

Looking for inspiration? NIH develops interactive tool for discovering successful high-tech small businesses

Thursday, August 20, 2020

As the global economy continues to struggle through the COVID-19 pandemic, the National Institutes of Health (NIH) has released an interactive online tool for discovering success stories of small business innovation and entrepreneurship. Showcasing several of the businesses that have successfully leveraged NIH small business funding — totaling more than $1 billion annually — to develop healthcare products and services, NIH’s Small Business Education and Entrepreneurial Development (SEED) office hopes that the tool will inspire others to start businesses and develop their technologies.

  • Read more about Looking for inspiration? NIH develops interactive tool for discovering successful high-tech small businesses

DOD designates six consortia as Defense Manufacturing Communities

Thursday, August 20, 2020

Six organizations — including SSTI members Catalyst Connection and the Ohio Development Services Agency — have been designated to lead the new defense manufacturing community consortia. The Office of Economic Adjustment (OEA) has announce that these organizations are now eligible to enter the next phase of development and submit their requests for technical assistance, grants, and other support services. The Defense Manufacturing Community Support Program (DMCSP) was authorized in the 2019 National Defense Authorization Act as a new program offered by OEA.

  • Read more about DOD designates six consortia as Defense Manufacturing Communities

Consolidation of local governments could provide new economic development outlets

Thursday, August 20, 2020

Improved prospects for economic development, as opposed to concerns about government efficiency, can play an important role in building support for local government consolidation efforts. The importance of economic opportunities in government consolidation was a key conclusion within Ball State University’s recently published policy brief, Indiana’s Government Modernization Act & Local Government Consolidation Experiences: Process and Politics.

  • Read more about Consolidation of local governments could provide new economic development outlets

Makerspaces highlight local efforts in manufacturing response to COVID

Thursday, August 20, 2020

The innovation community has been on the front lines in responding to the current pandemic, and one area that has stepped up is the community makerspace. A new report from the Urban Manufacturing Alliance (UMA) highlights several of those efforts. As UMA points out, COVID-19 brought a renewed need for manufacturing capabilities, and makerspaces stepped into new roles.

  • Read more about Makerspaces highlight local efforts in manufacturing response to COVID

$2.5 million accelerator fund to invest in community colleges

Thursday, August 20, 2020

A new Community College Growth Engine Fund is being launched by Education Design Lab to help mitigate the growing skills gap and strengthen community colleges as drivers of innovation between education and employment. Education Design Lab is a national nonprofit that designs, implements and scales new learning models for higher education and the future of work.

  • Read more about $2.5 million accelerator fund to invest in community colleges

BEA data shows steep declines in state GDP in Q2 of 2020

Thursday, October 15, 2020

The depth of the recession is coming into clearer view with the recent release of Gross Domestic Product (GDP) data for the second quarter of 2020. A press release from the Bureau of Economic Analysis (BEA) shows that real GDP decreased by double digits in all 50 states and Washington, D.C.; ranging from a 42.2 percent drop in Hawaii and Nevada to a 20.4 percent drop in the District of Columbia.

  • Read more about BEA data shows steep declines in state GDP in Q2 of 2020

SEC open for public comment on proposed ‘finders’ exemptions

Thursday, October 15, 2020

"Finders," those who connect potential investors with issuers (e.g., startups seeking funding) within private markets, would not be required to register as brokers under recently proposed Securities and Exchange Commission (SEC) exemptions. Currently, individuals who work to connect investors and issuers — including simply providing issuers with a contact list and regardless of whether any advice is provided or whether the connection is made on behalf of one of the parties to any investment — may be required to register with the SEC as a broker.

  • Read more about SEC open for public comment on proposed ‘finders’ exemptions

$300 million gift to MO higher ed will support innovation and entrepreneurship

Thursday, October 15, 2020

In the largest single gift in the history of Missouri higher education, $300 million has been donated to support Missouri S&T that will enable the university to establish a new school of innovation and entrepreneurship, among other things. The benefactors are St. Louis businessman Fred Kummer, a graduate of the school who credited the education he received there with his success, and his wife.

  • Read more about $300 million gift to MO higher ed will support innovation and entrepreneurship

Stats on new business starts may be sending wrong signal

Thursday, October 15, 2020

While new business starts this year are outpacing last year’s rate, those numbers may not signal an increase in entrepreneurship as some press coverage is implying. Business formation statistics from the U.S. Census Bureau released yesterday showed a dramatic 77 percent increase in business applications for the third quarter of the year over the second, but a closer look at those applications reveals that many may not survive.

  • Read more about Stats on new business starts may be sending wrong signal

Designing the future of America’s nanotechology industry

Thursday, October 15, 2020

As the National Nanotechnology Initiative (NNI) prepares to enter its third decade, it is seeking public input on what that future should look like. NNI is drafting its 2021 strategic plan and has several big changes under consideration, including a reorganization and shifts in research and commercialization priorities.

  • Read more about Designing the future of America’s nanotechology industry

EDA announces $25 million funding opportunity for TBED through 2020 SPRINT Challenge

Thursday, October 15, 2020

The Economic Development Administration’s Office of Innovation and Entrepreneurship (OIE) has announced $25 million for the Scaling Pandemic Resilience through Innovation and Technology (SPRINT) Challenge utilizing funding from the CARES Act.

  • Read more about EDA announces $25 million funding opportunity for TBED through 2020 SPRINT Challenge

Venture capital booming — and entrenching

Thursday, October 15, 2020

The venture capital (VC) market appears to be another part of the American economy experiencing a "K-shaped" recovery, with some participants achieving new highs as others are ignored altogether.

  • Read more about Venture capital booming — and entrenching

Improved technologies could cut energy usage by 60 percent

Thursday, October 22, 2020

With the continuing development of efficient technologies, energy consumption may drop 60 percent by 2050 while continuing to provide decent living standards, according to a new study. Research by the University of Leeds, published as Providing Decent Living with Minimum Energy: A Global Scenario in Global Environmental Change, developed a roadmap for lowering worldwide energy usage.

  • Read more about Improved technologies could cut energy usage by 60 percent

ITIF’s long-running State New Economy Index issues 2020 state ranks

Thursday, October 22, 2020

Utah and Maryland have climbed the ranks and moved into third and fourth place behind two long-standing leaders in the Information Technology and Information Foundation’s (ITIF) State New Economy Index. The index measures states’ structural capacity for successfully navigating a global economy that is increasingly driven by technological innovation.

Utah and Maryland have climbed the ranks and moved into third and fourth place behind two long-standing leaders in the Information Technology and Information Foundation’s (ITIF) State New Economy Index. The index measures states’ structural capacity for successfully navigating a global economy that is increasingly driven by technological innovation. ITIF’s recent release of the updated 2020 index and state rankings provides a long-term picture of how several states have been strengthening their economies for the future.

  • Read more about ITIF’s long-running State New Economy Index issues 2020 state ranks

Recent Research: Exploring the role of social mobility in the rise of populism

Thursday, October 22, 2020

In a recently revised working paper from the Center for International Development at Harvard University, the contemporary rise of populism is explained in a new light, that of unfair economic outcomes, often in the form of low social mobility.

  • Read more about Recent Research: Exploring the role of social mobility in the rise of populism

How new antitrust rules may affect tech startups

Thursday, October 22, 2020

In Washington and Brussels, lawmakers are increasingly vocal about expanding the application of antitrust rules within the tech sector.

In Washington and Brussels, lawmakers are increasingly vocal about expanding the application of antitrust rules within the tech sector. Recent activity includes a report from Democrats on the House antitrust subcommittee, the Trump administration preparing an antitrust suit against Google, and the European Union (EU) considering new antitrust rules following billions of dollars in fines to major tech companies. While much of these actions’ coverage focuses on how changes would affect the companies that are being targeted by these efforts, the impacts would affect the entire tech sector.

  • Read more about How new antitrust rules may affect tech startups

$43.3 million announced for 51 new POWER grants

Thursday, October 22, 2020

The Appalachian Regional Commission (ARC) announced $43.3 million for 51 projects in the region’s coal-impacted communities. More than half of the awards will support recovery-to-work efforts or broadband initiatives. To date, ARC has awarded over $238 million and supported 293 projects.

  • Read more about $43.3 million announced for 51 new POWER grants

First- and second-generation immigrants making up larger portion of higher education enrollment

Thursday, October 22, 2020

In 2018, 5.8 million students at colleges and universities within the United States were either the children of first-generation immigrants or were immigrants themselves, which accounted for 28 percent of the total student population and was a noticeable increase from the 2.9 million enrolled in 2000. This data serves as the foundation of a new report from the Migration Policy Institute, Immigrant-Origin Students in U.S.

  • Read more about First- and second-generation immigrants making up larger portion of higher education enrollment

Higher ed enrollment picture becomes clearer: first-time students drop dramatically, community colleges see steep enrollment decline

Thursday, October 22, 2020

First-time beginning students looking to pursue post-secondary education tumbled this fall, showing a 16.1 percent decrease nationally when compared with last year’s figures, according to recently released data from the National Student Clearinghouse Research Center. That decline was even worse at community colleges, down 22.7 percent compared to a 1.4 percent increase the previous year.

  • Read more about Higher ed enrollment picture becomes clearer: first-time students drop dramatically, community colleges see steep enrollment decline

Pandemic speeding automation; impact on jobs could worsen inequality

Thursday, October 29, 2020

New analysis from the World Economic Forum (WEF) forecasts an 85 million global loss in jobs by the year 2025 due to pandemic-induced increase in technology adoption. While social distancing measures such as remote work have already brought many white collar workers into the “future of work,” the quickened pace of technology adoption and automation across all sectors will create greater employment challenges for lower paid and lower skilled workers.

New analysis from the World Economic Forum (WEF) forecasts an 85 million global loss in jobs by the year 2025 due to pandemic-induced increase in technology adoption. While social distancing measures such as remote work have already brought many white collar workers into the “future of work,” the quickened pace of technology adoption and automation across all sectors will create greater employment challenges for lower paid and lower skilled workers. The WEF’s Future of Jobs Report 2020 also indicates that the jobs created to work with these new technologies could reach 97 million by 2025. However, business leaders and the public sector must take action to promote equitable workforce development and prepare all workers for the jobs of the future.

While the bulk of the report takes a global perspective, the WEF also provides several country-specific profiles. The trends in the U.S. profile indicate that 57.6 percent of companies surveyed are accelerating the automation of tasks in response to the pandemic, and 91.5 percent are accelerating the digitization of work processes, while only 44.1 percent are implementing upskilling and reskilling programs. As companies increasingly rely on technology — and the use of technology — to complete essential business functions, displaced workers will face increasing demand for new, technology-based skills.

  • Read more about Pandemic speeding automation; impact on jobs could worsen inequality

Federal Reserve and Alabama launch new workforce development tool

Thursday, October 29, 2020

In an effort to help Alabamians advance into higher-paying careers and understand how higher income from new careers can establish a path toward self-sufficiency, the state of Alabama and the Federal Reserve Bank of Atlanta have partnered to launch a new career tool.

  • Read more about Federal Reserve and Alabama launch new workforce development tool

Apprenticeships providing pathways to good jobs, better economic outcomes

Thursday, October 29, 2020

Apprenticeships, which will be celebrated during National Apprenticeship Week beginning Nov. 8, are receiving renewed attention and being highlighted as an avenue of economic mobility. Two recent reports highlight the opportunities of apprenticeships, the promise they hold for economic mobility, their expanding reach and a new effort in California to reach 500,000 apprenticeships by the year 2029.

  • Read more about Apprenticeships providing pathways to good jobs, better economic outcomes

Battleground state voters show rising trust in science

Thursday, October 29, 2020

Nearly half of voters within battleground states have a deep level of trust in scientists, according to a recent study conducted by Third Way.

Nearly half of voters within battleground states have a deep level of trust in scientists, according to a recent study conducted by Third Way. This represents a significant increase from the 21 percent of voters who held scientists in high esteem in 2016, and is in line with Pew Research Center’s earlier report that found 39 percent of U.S. adults trust science and believe scientists act in the public’s best interest.

  • Read more about Battleground state voters show rising trust in science

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