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New resource: SSTI breaks down B2S program's Venture and Capital Challenges

Thursday, June 22, 2023

In a recent installment of SSTI’s federal funding video series, SSTI program director Jerry Coughter conducted a two-part interview with Amanda Kosty, management and program analyst with the Economic Development Administration’s Office of Innovation and Entrepreneurship.

In a recent installment of SSTI’s federal funding video series, SSTI program director Jerry Coughter conducted a two-part interview with Amanda Kosty, management and program analyst with the Economic Development Administration’s Office of Innovation and Entrepreneurship. Their discussion focused on the Build to Scale (B2S) program’s two competition tracks: the Venture Challenge and the Capital Challenge. These interviews offer a comprehensive overview of each funding track and its alignment with technology-based economic development (TBED) strategies. They also provide valuable advice on crafting competitive applications, emphasizing understanding and directly addressing the specific challenges your community faces as part of your proposal.

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SSTI hosting EDA to discuss CARES funding – including forthcoming innovation opportunity

Thursday, May 28, 2020

Join us for a special SSTI webinar on June 9th, when U.S. Economic Development Administration representatives will share information regarding $1.5 billion in economic development grants available for coronavirus response and recovery efforts at the local, state and regional levels. The EDA team also will discuss the pending innovation and entrepreneurship challenge component of the funding. Join us to learn more about qualifying for grants, which types of project support/assistance will be funded, how to apply, and more. There will be time for Q&A at the end of the presentation.

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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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