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8 things to know from the FY 2020 budget

Thursday, December 19, 2019

Congress is expected to pass the FY 2020 budget this week, and as anticipated, the bills include billions in new appropriations. Innovation policy priorities, such as Regional Innovation Strategies, Manufacturing Extension Partnership, and NSF, did well in the final budget. Here are the top things to know about innovation initiatives in the final budget.

1. Regional Innovation Strategies receives $33 million

  • Read more about 8 things to know from the FY 2020 budget

Senate committee advances FY 2020 bills, $31M for RIS

Thursday, September 26, 2019

The U.S. Senate advanced multiple FY 2020 bills through the appropriations committee in the past week, including the budgets for EDA, NIST, SBA, and NSF. Among the highlights include $31 million for the Regional Innovation program at EDA, a robust increase over FY 2019’s $23.5 million. While the Senate continues to work through this appropriations process, the chamber is also considering a resolution to continue funding the government from the end of the current fiscal year, Sept. 30, through Nov. 21.

  • Read more about Senate committee advances FY 2020 bills, $31M for RIS

House passes robust budgets for science, entrepreneurship

Thursday, June 27, 2019

The U.S. House has now passed 10 of the 12 annual appropriations bills that fund federal agencies. Agencies with House-approved budgets include the Department of Commerce, Department of Energy, National Institutes of Health, National Science Foundation, and Small Business Administration. Federal R&D and Commerce’s Regional Innovation Strategies would see substantial increases, and — due to amendments made on the House floor — SBA’s accelerators and clusters programs would retain their funding.

  • Read more about House passes robust budgets for science, entrepreneurship

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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. 
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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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