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Recent donations reveal important roles served by foundations in TBED

Wednesday, October 27, 2021

Foundations, in almost all of their stripes, represent an underutilized but often willing partner to encourage regional innovation. Relationships may take time to nurture, but the resulting collaborations can be of critical importance for advancing your local TBED agenda. To spur your thinking, the six examples below from the past three weeks alone show the various ways foundations are stepping up to help support regional innovation and entrepreneurship.

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Recent news from the SSTI Digest

Rep. Haley Stevens leads bipartisan Build to Scale Reauthorization Act to strengthen innovation and entrepreneurship in regional economies nationwide

Friday, May 15, 2026
Today, Michigan Congresswoman Haley Stevens (MI-11), along with Rep. Jim Baird (R-IN), introduced the bipartisan Build to Scale Reauthorization Act of 2026, legislation to extend and strengthen the Economic Development Administration’s (EDA) successful Build to Scale program through fiscal year 2030. The bill helps startups grow, strengthens regional innovation hubs, and creates good-paying jobs across Michigan and the country.
legislation
regions

SBA seeks public comment in two areas related to supply chains

Wednesday, May 6, 2026
The U.S. Small Business Administration (SBA) seeks public comment for two Requests for Information. The first, Supply Chain Gaps and Entrepreneur Assistance, is focused on the future of SBA’s Innovation Network Programs—FAST, GAFC, RICs—and how each program can align entrepreneur support in critical industry areas. These are programs that are relevant to TBED organizations, accelerators, incubators, investors, universities, research institutions, and tech transfer offices.
sba

Slowing Q1 VC investment could mean more selective investors and difficult fundraising

Wednesday, May 6, 2026
Venture capital investments so far in 2026 are showing the same trends as 2025, with more funding going to fewer companies. According to PitchBook, quarterly U.S. VC investment totaled $267 billion, with the five largest deals raising a combined $195 billion, or over 73% of all Q1 capital. The heavy bias toward the top deals underscores the importance of narrowing the deal segments to understand what trends are faced by the majority of companies.  
venture capital
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