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State leaders zero in on recovery in budget proposals, state addresses

Thursday, April 29, 2021

As state budgets move into the legislatures for final negotiations and approvals, the last of the governors have addressed their constituents and put forth their proposals. While a renewed sense of hope is seeping into the latest addresses, governors are still cautious and guarded in proposing new programs. Broadband, small business, education and workforce initiatives continue to be among the innovation-related initiatives announced by the state leaders, with the intent that those efforts will also boost the economic recovery of the states.

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Recent news from the SSTI Digest

Compromise on SBIR reauthorization released; Congressional votes expected soon

Wednesday, February 25, 2026

It has been five long, dark months for the nation’s small innovation-focused businesses and the regional innovation systems that rely on them for their strongest startups and future leaders, but a ray of light appeared Wednesday afternoon as a compromise was announced on the stalled reauthorization of the federal SBIR/STTR programs. And, if passed as written, we won’t have to go through this again until September 2031, which shifts future debate until an off-election year.

sbir

Overview of governors’ State of the State & Budget addresses

Wednesday, February 25, 2026

As we come to the end of February, more than half of the governors have either delivered their 2026 State of the State, their Fiscal Year (FY) 2027 Budget addresses, or a combination of the two, laying out their priorities for the coming year. With forecasted revenues for many states tightening, many governors and lawmakers, with a few exceptions, offer cautious or constrained funding priorities and proposed initiatives. 

governors
state budgets

Recent Research: Startups with higher scientific orientations face VC funding challenges

Wednesday, February 25, 2026

It may not always be rocket science, but that doesn’t mean companies with scientific or technologically sophisticated innovations have an easy time raising capital. New academic research might lead one to wonder: Should TBED policy makers provide training for angel and VC investors that improves their understanding of critical tech - or continue to focus primarily on funding gaps and teaching founders to speak the language of VCs?

venture capital
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