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White House Adds Eighth Manufacturing Innovation Hub, Touts $2B Investment in Manufacturing R&D

Thursday, April 7, 2016

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.

  • Read more about White House Adds Eighth Manufacturing Innovation Hub, Touts $2B Investment in Manufacturing R&D

Obama Administration Announces $66M via POWER Initiative

Thursday, March 24, 2016

In partnership with the Appalachian Regional Commission (ARC), the Economic Development Administration (EDA) announced the availability of $65.8 million in new funding through the Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) initiative.

  • Read more about Obama Administration Announces $66M via POWER Initiative

15 New Communities Selected for TechHire Initiative

Thursday, March 17, 2016

To celebrate the one year anniversary of the TechHire Initiative, the Obama administration announced an expansion of the program with the addition of 15 new communities. The administration also announced activities and commitments to help support career and technical education. 

  • Read more about 15 New Communities Selected for TechHire Initiative

DOE Awards First Round of Small Business Vouchers; Second Round Announced

Thursday, March 17, 2016

The U.S. Department of Energy (DOE) Office of Energy Efficiency and Renewable Energy (EERE) recently released the first round of 33 awardees from the Small Business Vouchers Pilot program.  A total of $6.7 million will be awarded in the form of vouchers for assistance from DOE national laboratories of up to $300,000 a piece. Small cleantech businesses may be able to apply in nine technical categories. A second round of awards also has been announced, with a third to follow later in the year.

  • Read more about DOE Awards First Round of Small Business Vouchers; Second Round Announced

Support for Federally Funded R&D Centers Stagnate After Recovery Act

Thursday, March 10, 2016

New National Science Foundation data indicates that the federal government’s support for national laboratories and research centers has continued to decline in constant dollars after peaking with the 2011 infusion of American Recovery and Reinvestment Act (ARRA) funding.  Six federally funded research and development centers (FFRDC’s) comprise about one-half of all FFRDC spending: NASA’s Jet Propulsion Lab (JPL) and five Department of Energy national labs.

  • Read more about Support for Federally Funded R&D Centers Stagnate After Recovery Act

GAO: Increased Coordination Needed to Address Capital Access Gaps for Innovative Manufacturers

Thursday, February 25, 2016

While the Department of Commerce’s (DOC) Economic Development Administration (EDA) continues to take steps to implement the Federal Loan Guarantees for Innovative Technologies in Manufacturing (ITM) program, additional steps remain before they can issue loan guarantees according to a new report from the United States Government Accountability Office (GAO).

  • Read more about GAO: Increased Coordination Needed to Address Capital Access Gaps for Innovative Manufacturers

DOE Issues Formal Response to CRENEL Report

Thursday, February 25, 2016

The Department of Energy (DOE) has published a formal response to the final report of the Commission to Review the Effectiveness of the National Energy Laboratories (CRENEL).

  • Read more about DOE Issues Formal Response to CRENEL Report

EDA Awards $10M for Regional Innovation Strategies

Monday, February 8, 2016

This week, U.S. Commerce Secretary Penny Pritzker announced the 25 recipients of the Economic Development Administration’s 2015 Regional Innovation Strategies grants. These awards support innovation and capacity-building in regions around the country through two grant programs: the i6 Challenge and the Seed Fund Support Grants competition. The Regional Innovation Program remains a key priority for SSTI.

  • Read more about EDA Awards $10M for Regional Innovation Strategies

SBA Issues Proposed Rules for Impact SBICs

Thursday, February 4, 2016

In the February 3 Federal Digest, the U.S. Small Business Administration (SBA) issued proposed rules affecting Impact Small Business Investment Corporations (SBICs) and is accepting comments. In addition to codifying the existing, temporary guidelines, the proposal would add new investment certifications, change the expedited processing benefit for reduced fees and replace the branding penalty for non-compliant SBICs with the threat of imposed default.

  • Read more about SBA Issues Proposed Rules for Impact SBICs

MEP Announces Recompetition of 13 MEP Centers, Regional Forums for Next Round

Thursday, January 28, 2016

The National Institute of Standards and Technology (NIST) announced a recompetition of Hollings Manufacturing Extension Partnership (MEP) centers in 12 states and Puerto Rico including: Alabama, Arkansas, California, Georgia, Louisiana, Massachusetts, Missouri, Montana, Ohio, Pennsylvania, Puerto Rico, Utah, and Vermont.

  • Read more about MEP Announces Recompetition of 13 MEP Centers, Regional Forums for Next Round

NIST to Fund Two New Manufacturing Innovation Institutes

Tuesday, December 29, 2015

The U.S. Department of Commerce's National Institute of Standards and Technology (NIST) plans to fund up to two new institutes within the National Network for Manufacturing Innovation (NNMI). NIST's solicitation will be the first in which the funding agency has not predetermined the industry of focus for the institute, however, the agency is particularly interested in topics deemed critical by the President's Council of Advisors on Science and Technology (PCAST) Advanced Manufacturing Partnership. These include manufacturing robotics and biopharmaceutical manufacturing.

  • Read more about NIST to Fund Two New Manufacturing Innovation Institutes

NTIA Extends Deadline for Digital Economy Board of Advisors Nominations

Monday, December 28, 2015

The National Telecommunications and Information Administration (NTIA), located within the U.S. Department of Commerce, announced that their closing deadline to submit nominations for the Digital Economy Board of Advisors has been extended to January 12, 2016.

  • Read more about NTIA Extends Deadline for Digital Economy Board of Advisors Nominations

Congressional Spending Deal Would Boost Funding for Regional Innovation, Make R&D Tax Credit Permanent

Thursday, December 17, 2015

This week, congressional leaders reached a deal on spending that would prevent a federal government shutdown. The omnibus appropriations bill would fund the Economic Development Administration’s (EDA) Regional Innovation Program at $15 million, an increase of $5 million over the previous year. The Regional Innovation program is SSTI's highest legislative priority because of the flexible funding it provides for regional innovation activities. 

  • Read more about Congressional Spending Deal Would Boost Funding for Regional Innovation, Make R&D Tax Credit Permanent

SSTI: New Survey Finds Bipartisan Support for Innovation Initiative Designed to Bolster U.S. Economy

Thursday, December 10, 2015

Overwhelming majorities of voters across the nation and in key swing states support a comprehensive initiative designed to parlay the United States’ strong research base into greater economic prosperity and a higher quality of life for all. These findings come from a new survey conducted for the Innovation Advocacy Council, an initiative of SSTI, by the bipartisan team of Greenberg Quinlan Rosner Research and TargetPoint Consulting.

  • Read more about SSTI: New Survey Finds Bipartisan Support for Innovation Initiative Designed to Bolster U.S. Economy

SBIR Award Programs Wrestle with Minority Outreach

Thursday, December 3, 2015

Funded through a small tax on extramural research budgets, Small Business Innovation Research (SBIR) awards are offered by 11 federal agencies with an overall goal of backing innovation by small businesses. With a typical maximum of $150,000 for phase I awards and $1 million for phase II awards, SBIR programs have had varying degrees of success – especially when factoring in their explicit mandate to enhance opportunities for women and minorities.

  • Read more about SBIR Award Programs Wrestle with Minority Outreach

SEC Adopts Rules to Permit Equity Crowdfunding for Non-Accredited Investors

Thursday, November 5, 2015

On April 5, 2012, President Obama signed Jumpstart Our Business Startups Act (JOBS Act) into law with the intent of helping small businesses and startups raise capital through several changes to long-standing securities regulations, including a change that would allow companies to raise equity from both accredited and non-accredited investors through a publicly solicited crowdfunding campaign (Title III of the Jobs Act).

  • Read more about SEC Adopts Rules to Permit Equity Crowdfunding for Non-Accredited Investors

Delta Regional Authority Forms 35-Member Public-Private Research, Innovation Consortium

Wednesday, May 6, 2015

The Delta Regional Authority (DRA) announced the establishment of a consortium for research and innovation that is intended to have a long-term positive economic impact on the region. The 35-member consortium will be comprised of universities and other private and public institutions in eight states – Alabama, Arkansas, Illinois, Kentucky, Louisiana, Mississippi, Missouri, and Tennessee.

  • Read more about Delta Regional Authority Forms 35-Member Public-Private Research, Innovation Consortium

SBA Funds Three New Regional Innovation Clusters

Thursday, October 15, 2015

The U.S. Small Business Administration (SBA) announced today the addition of three more cluster organizations to the portfolio of communities supported through the SBA Regional Innovation Clusters initiative, raising the total number of awardees in the program to 14.

  • Read more about SBA Funds Three New Regional Innovation Clusters

Reminder: Deadline for 2015 Regional Innovation Strategies Applications October 5

Thursday, October 1, 2015

As a reminder, the closing date for applications to the Regional Innovation Strategies (RIS) program is Monday, October 5. A program of the EDA’s Office of Innovation and Entrepreneurship, the 2015 RIS Program Competition includes $10 million to support two unique grant opportunities:

  • Read more about Reminder: Deadline for 2015 Regional Innovation Strategies Applications October 5

Federal Agencies Roll Out Funds for Domestic, International Broadband Efforts

Thursday, October 1, 2015

Earlier this week during a keynote address at the United Nations, a U.S. Department of State official unveiled an initiative to bring 1.5 billion people around the world online by 2020. Global Connect, the new initiative, will be a cross-agency effort to make Internet access a top priority in foreign policy. The State Department announcement explicitly states that Internet access is being made a priority because of its role in entrepreneurship, innovation, knowledge flows and market creation.

  • Read more about Federal Agencies Roll Out Funds for Domestic, International Broadband Efforts

IRS Opens Door to More Impact Investing

Thursday, September 24, 2015

Last week, the Treasury Department released guidance recognizing foundations may make investments with a wider range of return and risk expectations so long as they are not jeopardizing or compromising their charitable missions.  Proponents for the change expect the guidance to open the doors to more mission-related investments (MRIs), impact investing and innovative finance approaches to dealing with the growing array of societal and environmental issues confronting the globe.

  • Read more about IRS Opens Door to More Impact Investing

White House Announces $175M for American Apprenticeship Grants

Thursday, September 10, 2015

In a fact sheet released ahead of President Obama’s visit to Macomb Community College in Warren, MI, this week the Obama administration announced new steps to expand apprenticeships and continue other efforts around workforce development and free community college.

  • Read more about White House Announces $175M for American Apprenticeship Grants

EDA Streamlines Grant Application Process

Thursday, September 10, 2015

Applicants for the Economic Development Administration’s (EDA) FY 2016 Public Works and Economic Adjustment Assistance Programs Federal Funding Opportunity (FFO) will notice some changes to the application process when the FFO is released in the coming weeks. The standard ED-900 form has been replaced with a selection of shorter forms that can be mixed and matched to fit the needs of different solicitations. Also, a short proposal form can be submitted to ascertain whether a project is responsive to the FFO, instead of having to complete a full application.

  • Read more about EDA Streamlines Grant Application Process

President’s S&T Council Recommends Restructuring Federal IT R&D Spending

Thursday, August 27, 2015

A new report from the President’s Council of Advisors on Science and Technology (PCAST) proposes new categories for IT research investment in the coming years. Federally-funded IT research is currently grouped in eight categories introduced in 1995 for the purposes of budgeting and tracking. PCAST is recommending an overhaul of these categories to reflect the contemporary IT landscape. Other recommendations focus on continued investment in cybersecurity, Big Data, health IT and other hot topics.

  • Read more about President’s S&T Council Recommends Restructuring Federal IT R&D Spending

MEP Announces Regional Forums Ahead of Competition for 12 MEP Centers

Thursday, August 20, 2015

The National Institute of Standards and Technology's (NIST) Hollings Manufacturing Extension Partnership (MEP) is conducting three regional forums on the proposed recompetition of MEP Centers in 11 states and Puerto Rico. The regional forums are intended to provide interested entities more information about the MEP program, the federal funding opportunity and answers to any questions regarding the funding announcement prior to its targeted release of January 2016.

  • Read more about MEP Announces Regional Forums Ahead of Competition for 12 MEP Centers

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