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Good Jobs Challenge $25M funding opportunity released

Thursday, August 1, 2024

The U.S. Department of Commerce has announced a new $25 million Good Jobs Challenge Notice of Funding Opportunity for investment in high-quality, locally led workforce training programs that lead to good jobs.

  • Read more about Good Jobs Challenge $25M funding opportunity released

Newly reestablished NACIE charged with producing three moonshots

Thursday, July 28, 2022

U.S. Secretary of Commerce Gina M.

  • Read more about Newly reestablished NACIE charged with producing three moonshots

Senate approves new $10 billion program for regional technology hubs

Thursday, June 10, 2021

This week, the Senate passed the U.S. Innovation and Competition Act, a legislative package that includes the Endless Frontier Act. The tech-based economic development community should be excited about many initiatives authorized in the bill, including $10 billion for regional technology hubs, $100 billion in new R&D-related activities, and an expansion of the Manufacturing Extension Partnership program.

  • Read more about Senate approves new $10 billion program for regional technology hubs

Commerce announces $21 million in new Regional Innovation Strategies awards

Thursday, December 6, 2018

At SSTI's 2018 Annual Conference this week, the U.S. Department of Commerce announced 40 awardees for $21 million in the latest round of the Regional Innovation Strategies program. The program which makes grants for the i6 Challenge and Seed Fund Support, has now provided $78 million to 180 projects across 46 states, DC and Puerto Rico.

At SSTI's 2018 Annual Conference this week, the U.S. Department of Commerce announced 40 awardees for $21 million in the latest round of the Regional Innovation Strategies program. The program which makes grants for the i6 Challenge and Seed Fund Support, has now provided $78 million to 180 projects across 46 states, DC and Puerto Rico.

Congratulations to SSTI members: Ben Franklin Technology Partners, Excell Partners, Kansas State University, Launch New York, Launch Place, Massachusetts Life Sciences Center, New Jersey Innovation Institute, Research Foundation for SUNY, University of Michigan, University of Missouri, and VilCap on their awards.

  • Read more about Commerce announces $21 million in new Regional Innovation Strategies awards

Four ways the White House reorganization plan could affect American innovation

Thursday, June 28, 2018

The White House Office of Management and Budget released Delivering Government Solutions in the 21st Century, a plan for reorganizing federal agencies. On topics related to innovation, the wide-ranging plan would make changes to education, workforce, economic development, small business and more. Some of the suggestions could advance with administrative actions only, while many will require congressional support.

  • Read more about Four ways the White House reorganization plan could affect American innovation

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Recent news from the SSTI Digest

Data centers may be inevitable, but state and local resistance is growing

Thursday, March 26, 2026
People in the U.S. may be in favor of the using internet, social media, and artificial intelligence, but they are increasingly skeptical of and concerned about the data centers that make all these things possible. Common themes of their skepticism were recently expressed by data center opponents in Michigan who “fear lost farmland and destroyed habitat, noise pollution from thousands of humming servers, strain on the electric grid and higher bills as utilities spend mightily on infrastructure to power the facilities, and strain on rivers and aquifers amid data centers’ use of water to cool servers.” Michiganders are not alone. 
energy
environment
AI

With OZ expansion looming, research shows program has little net jobs impact

Thursday, March 26, 2026
When the Opportunity Zone program was authorized by Congress in 2017, there was high hope that it would give a significant boost to the employment rates of those living in the poorest areas of our cities. Unfortunately, a new research paper adds to the growing findings of the program’s shortcomings and disappointing outcomes, just as the next race to establish new OZ designations is set to begin.   
economic development

Innovation Advocacy Council visits the Hill on your behalf

Thursday, March 26, 2026
“We few, we happy few” shouldn’t have been so bloody few if Shakespeare’s Henry V were honest 400+ years ago. Flash forward, and a merry band of brothers and sisters represented the TBED community well as they visited DC’s Capitol Hill this week to remind Congressional offices of the importance of several federal programs for funding strategic regional innovation initiatives. And it was nothing like Henry V’s Battle of Agincourt. In truth, regional innovation is and always has been a nonpartisan issue, but there are other pressures afoot to capture Congress’s attention and purse strings. 
IAC
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