Innovation in the energy sector requires strong leadership from the federal government to help mitigate potential risks, according to a recent report by the American Energy Innovation Council (AEIC), a project of the Bipartisan Policy Center. The AEIC is a group of ten private sector leaders that includes Bill Gates, the heads of industry giants like Dominion Energy and Southern Company, and retired leaders of corporations such as Lockheed Martin and DuPont.

U.S. companies spent 18 percent of their research and development dollars outside of the United States in 2013, according to data recently released by the NSF. The $73 billion in foreign R&D is concentrated in the information industry, pharmaceuticals, semiconductors, and automobiles and parts. Those four industries accounted for 52 percent of all foreign R&D performance by U.S.

New legislation in Maryland that takes effect in June provides $1 million in workforce development scholarships and builds on current apprenticeship programs, while also providing tax incentives for new and existing manufacturers to create jobs in areas of the state that need them most. Gov. Larry Hogan signed the More Jobs for Marylanders Act into law last week, a key piece of his jobs initiative. The new legislation establishes scholarships for eligible students enrolled in job training programs at community colleges, and contains measures to encourage high schools to offer additional vocational training, as well as requiring state agencies to analyze their registered apprenticeship programs.

U.S. Senators Cory Gardner (R-CO) and Gary Peters (D-MI) sent a letter requesting a 4 percent increase in appropriations for the National Science Foundation and National Institute of Standards and Technology to the Senate Appropriations Committee.

The White House announced an executive order to review the H-1B visa program, and the accompanying language suggests the administration’s interest in reforms to emphasize applicant skills and wages.

Office of Management and Budget Director Mick Mulvaney lifted the federal hiring freeze last week and asked agencies to plan for workforce reductions.

According to the most recent U.S. Bureau of Economic Analysis state personal income data, national per capita income grew 4.0 percent from 2015 to 2016, and growth since 2012 is at 12.0 percent. States are experiencing this growth disparately, however, with five-year growth rates ranging from -0.6 percent (North Dakota) to 17.6 percent (California). Over this period, few states experienced significant changes in their performance relative to their peers — just four states moved more than five rankings — but shifts between income quintiles and variable growth rates suggest that more movement will be witnessed over the next few years.

This weekend’s March for Science in Washington, D.C., and another 517 satellite locations across the globe, will be marked with teach-ins and rallies, and will be live-streamed as a virtual march as well. The march is intended to serve as “a call for politicians to implement science based policies, as well as a public celebration of science and the enormous public service it provides in our democracy, our economy, and our daily lives.”

This weekend also marks Earth Day, and the U.S. Census Bureau provided some facts pertaining to energy and the environment:

Many states across the country already have, or will soon have, signed budgets ready for the 2017 fiscal year.  Over the past few months, SSTI has examined gubernatorial addresses and proposed budgets for a preview of technology-based economic development spending in the coming year. This week, we take a look at what initiatives and spending levels survived spending negotiations in Alabama, Florida, Idaho and New Mexico, as well as an update on the budget situation in Pennsylvania.

North Dakota led the country in per capita personal income gains between 2010-2015, according to data released by the Bureau of Economic Analysis (BEA). While average (mean) incomes rose 18.4 percent around the U.S. during that time, North Dakota incomes rose by 26.8 percent from $42,964 in 2010 to $54,376 in 2015. Changes in mean income can obscure discrepancies between demographic groups and concentration of wealth, but demonstrate some of the key economic trends of the last few years.

The National Institute of Standards and Technology’s (NIST) Manufacturing Extension Partnership (MEP) intends to publish a federal funding opportunity (FFO) in July 2016 for MEP Centers in the 11 states: Delaware, Hawaii, Iowa, Kansas, Maine, Mississippi, New Mexico, Nevada, North Dakota, South Carolina and Wyoming. The objective of the MEP Center program is to provide business and technical services to small- and medium-sized manufacturers within the state of operation.

NASA is accepting applications for the Space Race Competition – a startup accelerator challenge that allows startups to license patented NASA technologies without any up-front costs and no minimum fees for up to three years.

What leading indicators allow a national, state, regional, or local economy to rebound from an exogenous shock (e.g., economic downturn or natural disaster)?

What risk factors are common among economies that were not resilient to an exogenous shock?

New Canadian Prime Minister Justin Trudeau released his administration’s 2016 proposed budget last week which, if passed, would allocate significant funds to scientific research and technology-based economic development.

Although they represent a small proportion of the total number of institutions in the U.S. higher education system, the impact of public research universities is profound and widespread, according to a recently released report from the American Academy of Arts and Sciences (The Academy). The report, which is divided in three sections, provides insight into how public research universities act as centers of discovery, drive economic development and social wellbeing, and serve their communities.

As the water crisis in Flint, MI, continues to capture headlines, details on potential relief efforts are beginning to emerge. In January, President Obama granted $5 million in emergency funding to address the crisis, while the state has approved $67 million in funding since October.

Startup accelerators, which began emerging in 2005 with the launch of Y-Combinator, generally share three characteristics: they tend to be limited in duration; work with cohorts of early stage entrepreneurs; and, aim to facilitate connections with potential investors.

Last week, the Department of Defense announced the launch of the eighth institute in the National Network of Manufacturing and Innovation (NNMI) in Cambridge, MA. The Massachusetts Institute of Technology will spearhead the consortium of 89 manufacturers, universities and nonprofits to develop new technologies around fiber and textiles manufacturing. Alongside the launch, the White House released a new report highlighting the administration’s advanced manufacturing priorities and how federal funding is being used to support strategic technologies.

Many states across the country already have, or will soon have, signed budgets ready for the 2017 fiscal year.  Over the past few months, SSTI has examined gubernatorial addresses and proposed budgets for a preview of technology-based economic development spending in the coming year. This week, we take a look at what initiatives and spending levels survived spending negotiations in New York, South Dakota, Wyoming.

To drive state competitiveness and job creation, Indiana and Mississippi announced new efforts to engage regional institutions of higher education and other organizations to provide workers with the skills that match the needs of existing industry as well as attract new business and industry to their state. Through the Indiana Department of Workforce Development (DWD), the state will commit $22 million to fund industry-led regional partnerships aimed at aligning education and workforce needs. Mississippi Gov.

The U.S. venture capital (VC) industry continued a gradual deflation in activity in Q1 2016, even as capital invested remained at a historically robust level according to Pitchbook’s 1Q 2016 U.S. Venture Industry Report. In Q1 2016, the VC industry also continued the trend of massive late-stage VC rounds with $9.4 billion of $17.7 billion invested in late-stage financing.

SSTI is excited to announce the 2016 SSTI Excellence in TBED awards program. For the last nine years, SSTI has recognized initiatives that greatly impact state and regional economies a national competition showcasing effective and innovative approaches to building tech-based economies. To mark the program’s 10th anniversary, we will be announcing several changes to the program the next couple weeks – so stay tuned!

In this week’s Digest, we wanted to highlight several of the key dates for the 2016 competition:

The Department of Energy’s (DOE) Office of Energy Efficiency and Renewable Energy (EERE) released a notice of intent to establish a Modular Chemical Process Intensification Institute for Clean Energy Manufacturing –the fourth National Manufacturing Innovation Institute sponsored by the Department of Energy.

Massachusetts legislators are debating the future of Gov. Charlie Baker’s $918 million economic development proposal, including investments in local infrastructure, emerging technologies, community-based innovation, brownfields cleanup, Gateway Cities development and workforce development. The proposal would implement several of the action items from Baker’s economic strategic plan, issued last November, over the next five years.

Last week, JPMorgan Chase & Co. (JPMC) announced the launch of PRO Neighborhoods, a $125 million, five-year initiative to promote economic opportunity in disadvantaged neighborhoods around the country. PRO Neighborhoods will invest in local collaborative partnerships and financial solutions, focusing on community lending, housing capital and high-quality data. Community Development Financial Institution (CDFI) partnerships and collaborative efforts to provide capital to small businesses in distressed neighborhoods may be eligible for support.

On April 25, the Economic Development Administration (EDA) will begin accepting applications for the 2016 round of the Regional Innovation Strategies (RIS) program. A total of $15 million in federal funding will be available through the program’s i6 Challenge and Seed Fund Support Grant competition. EDA will hold a series of webinars next week leading up to the release of the Federal Funding Opportunity on April 25, 2016. Webinar times are available on EDA’s RIS page.

In nearly every state, employers use non-compete agreements with the justification that these contracts can help protect trade secrets and reduce the probability of worker exits. At the same time, however, non-competes may impose a large cost on workers, whose bargaining power and future employment opportunities are reduced by the contract. New research from the Office of Economic Policy at the U.S. Department of Treasury evaluates the impacts of non-compete agreements and suggests that reform is needed in order to craft policies that best benefit firms, workers, and society as a whole.