Entrepreneurial support and capital access remain key concerns for regional innovation economies, as evidenced by the abundance of new activity in 2019. From accelerators, many of which are sector-specific, to seed funds, we highlight 26 of the most interesting developments from the past year. This is the latest in our series of articles highlighting innovation system activities in states across the country in 2019.

SSTI notes the recent passing of two officials who helped shaped the impact science and technology had on the American economy. Dr. Mary Good served as Under Secretary of Technology in the U.S. Department of Commerce during the Clinton Administration led the Administration’s Clean Car Initiative and oversaw NIST at the time the Manufacturing Extension Partnership began its expansion to national presence. Mary was as passionate as she was smart. You can read more about her life here.

Federal agencies fail, on average, 24 percent of the time to notify applicant small businesses of award decisions within required deadlines. A small business has a zero percent chance of being able to plan to start an innovation project within six months if they apply to ARPA-E (the Department of Energy’s Advanced Research Projects Agency) or the Defense Threat Reduction Agency, both of which never met the deadline. 

PitchBook and NVCA just released the 3^rd quarter Venture Monitor, and the year-to-date figures show another year of robust activity. Total deal value is set to exceed $100 billion again, and exit value is already at $227 billion. Deal and exit count, however, appear on pace to finish below the last several years, with 7,862 investments and 633 exits to date so far.

The Appalachian Regional Commission (ARC) announced $44.4 million in 54 awards to help expand and diversify the economy in Appalachia’s coal-impacted communities through the Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) Initiative. One third (more than $14.6 million) of these investments will develop business incubators, increase access to capital, and provide other services to advance entrepreneurship in Kentucky, Ohio, Pennsylvania, Tennessee, and West Virginia.

If Americans are going to build better careers and share prosperity as technological changes occur, the U.S. will have to implement more comprehensive policies, according to an MIT task force’s preliminary report titled The Work of the Future: Shaping Technology and Institutions.

Last week Pennsylvania Gov. Tom Wolf issued an executive order directing the Department of Environmental Protection (DEP) to join the Regional Greenhouse Gas Initiative (RGGI), joining nine other Northeast and Mid-Atlantic states in a market-based collaboration to reduce greenhouse gas emissions from power plants and combat climate change. And in North Carolina, Gov.

Expenditures in higher education R&D (HERD) grew in FY 2018, increasing by $4.1 billion over FY 2017, the largest year-over-year increase since FY 2010-2011 according to an SSTI analysis of recently released data from the National Science Foundation’s National Center for Science and Engineering Statistics. For the 10-year period from FY 2009 to FY 2018, HERD grew by 38.4 percent nationally, representing an increase of nearly $22 billion.

Earnings for Appalachian manufacturing workers grew 3.4 percent from 2012 through 2017 to an average of $63,583. The growth is in the Appalachian Regional Commission’s Industrial Make-up of the Appalachian Region, 2002-2017, which reviews employment and wages by sector across the region. Appalachian workers overall saw earnings increase by 3.7 percent over the five years.

The Federal Laboratory Consortium for Technology Transfer (FLC) is showcasing a new, online gallery of successful stories of regional value produced when state and local government entities and federal laboratories work together. The State and Local Government T2 Partnerships Gallery features 11 stories from nine states, spotlighting partnerships from nine federal agencies, 12 federal laboratories, and their respective state and local government partners.

Tax incentives don’t affect a company’s decision on where to locate in a majority of cases, according to a new book. Making Sense of Incentives: Taming Business Incentives to Promote Prosperity by Timothy J. Bartik of the W.E.

While Virginia has worked over the past 30 years to build their innovation economy, this past year it changed up the game. SSTI recently talked with Robby Demeria, Virginia’s deputy secretary of commerce and trade for technology, about the planning underway in Virginia and how the commonwealth is proceeding with a new initiative to grow their economy.

SSTI is excited to announce Little Rock, Arkansas, as the site for our 2020 Annual Conference, Oct. 5-7. The conference is the premier gathering of practitioners and policymakers from across the country who work to create a better future through science, technology, innovation and entrepreneurship.

NSF is issuing its first set of awards from the Convergence Accelerator Pilot. The new program is intended to accelerate use-inspired, convergence research in areas of national importance through partnerships between academic and non-academic stakeholders. The Convergence Accelerator (C-Accel) pilot program focuses on two of the NSF’s “10 Big Ideas” and emphasizes the importance of deliverable-oriented, multidisciplinary teams.

Each year, the White House Office of Science and Technology Policy (OSTP) produces a memo to direct the administration’s R&D priorities. The office recently released its first such directive under its new director, Kelvin Droegemeier, who was appointed to the position under President Donald Trump.

As the month of September marks national Workforce Development Month, states around the country continue to forge ahead with programs and initiatives to help train the workforce and attract more workers to open positions. This article highlights two new reports out that detail state efforts in various workforce programs, as well as calling out several new or proposed programs in Ohio, Vermont and Arizona that are designed to increase and develop the workforce in each of those states.

SSTI’s Annual Conference in Providence, Rhode Island, held September 9-11, showcased successful programs, addressed challenges and examined trends and new developments across the innovation economy. We always like to welcome back old friends and are encouraged to see new faces. Said one long-time attendee, “I used to say this is the place to network with the most experienced and sophisticated practitioners.

Expanding and diversifying the nation’s Skilled Technical Workforce (STW) is vital to the nation’s future, according to a new report from the policymaking board of the National Science Foundation (NSF) that predicts a shortfall of 3.4 million skilled technical workers by 2022 unless changes are made.

Addressing common misperceptions about the industry, Manufacturing Day — held tomorrow, Oct. 4 — strives to address skilled labor shortages manufacturers face by opening the doors of different manufacturers to the public and showing what manufacturing is, and isn’t. The day was created in 2012 with the support of many organizations educating the public on modern manufacturing, including the National Institute of Standards and Technology’s (NIST) Hollings Manufacturing Extension Partnership (MEP).

The Department of Defense commissioned a pilot study by TechLink of the economic impact of cooperative R&D agreements (CRADAs) at three Defense labs — U.S. Army Combat Capabilities Development Command Aviation & Missile Center, the Naval Surface Warfare Center Crane Division, and the Air Force Research Laboratory 711^th Human Performance Wing.

When Gov. Janet Mills addressed the United Nations General Assembly on Sept. 23, it was the first time a sitting governor of Maine has been asked to address the body. She had been invited as part of her participation in the UN Climate Action Summit 2019, and has made tackling climate change and embracing renewable energy key priorities of her administration. She is not the only governor stepping into the role where the federal government has backed out.

The U.S. Small Business Administration has announced the winners of a $1 million competition designed to help makerspaces train the future workforce, focusing on addressing the job skills and placement gap faced by U.S. businesses. The 12 winners of the Makerspace Training, Collaboration and Hiring (MaTCH) Pilot Competition, will reap $1 million total in prize money across three tiers.

A growing number of Republicans have a negative view of higher education, according to a new Pew Research Center survey. The survey found that, overall, half of all the adults in this country have a positive attitude toward higher education, down from 55 percent in 2017 and 63 percent in 2016.

A trio of reports from the U.S. Department of Energy showed a continued upward trend in wind energy capacity and employment in 2018, as the cost per megawatt (MW) continued to drop due to larger and more efficient turbines. However, the possible elimination of federal tax incentives could slow the long-term growth of wind power, the report cautioned.