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Specter of Budget Sequestration Looms Over November's Elections

Wednesday, October 3, 2012

Unless Congress and the White House take action by the end of the year, across-the-board spending reductions will go into effect for all federal agencies as a result of provisions in the Budget Control Act of 2011. The budget sequestration would reduce defense discretionary funding by 9.4 percent and non-defense funding by 8.2 percent from the 2011 baseline.

  • Read more about Specter of Budget Sequestration Looms Over November's Elections

Senate Appropriations advances FY 2018 spending bills, would fund Regional Innovation at $21 million

Thursday, July 27, 2017

Over the past week, the U.S. Senate Committee on Appropriations has passed bills to fund commerce and science, transportation, energy and water and agriculture. Regional Innovation Strategies would be funded at $21 million, an increase of $4 million over FY 2017. Other innovation proposals received mixed support, as the Senate cut $3.2 billion from commerce, justice and science funding and another $400 million from agriculture.

  • Read more about Senate Appropriations advances FY 2018 spending bills, would fund Regional Innovation at $21 million

US House appropriations bills would make major cuts to innovation

Thursday, June 29, 2017

The House Appropriations Committee began releasing FY 2018 “markup” budget bills this week, and the proposals would cut billions in non-defense spending. EDA would lose $100 million* in funding, SBA’s entrepreneurial development programs would lose $34 million, NIST’s Manufacturing Extension Partnership would lose $30 million, and Energy’s ARPA-E would be eliminated, among other cuts.

  • Read more about US House appropriations bills would make major cuts to innovation

U.S. House and Senate Subcommittees Consider FY13 Funding for Commerce, NASA, NSF

Wednesday, April 18, 2012

This week, both the U.S. House and the Senate Appropriations Subcommittees on Commerce, Justice, Science and related agencies (CJS) approved FY13 funding legislation supporting several key TBED agencies.

  • Read more about U.S. House and Senate Subcommittees Consider FY13 Funding for Commerce, NASA, NSF

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OMB proposes significant rule changes for grantees and contractors

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The Office of Management and Budget (OMB) has proposed sweeping revisions to the rules for procurement and grant making (2 CFR Part 200) in the Federal Register. These changes would solidify an August 2025 executive order that gives political appointees final authority over awarding federal grants.
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Recent Research: Are new ideas really getting harder to find?

Thursday, June 4, 2026
A new working paper from researchers affiliated with the U.S. Census Bureau and several universities revisits one of the biggest questions in innovation policy: why has productivity growth slowed even as research and development spending continues to rise? For the technology-based economic development (TBED) community, the answer matters because it shapes how states, regions, and federal agencies think about innovation investments.
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NSF seeks feedback on the new Tech Accelerators initiative

Thursday, June 4, 2026
The U.S. National Science Foundation announced the launch of the NSF Tech Accelerators initiative. As proposed, the accelerators will align to four topics—agricultural technology (AgTech), materials technology (MaterialsTech), ocean technology (OceanTech), and scientific instrumentation (SciTech).
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