This June, the Innovation Growth Lab's (IGL) third global annual conference will explore future innovation, entrepreneurship and small business policies. The summit, happening in Boston June 12-14 at Harvard Business School and MIT, includes more than 50 world-leading experts and participants from over 20 countries coming together as part of a global community at the forefront of innovation.
This week we continue our four-part series focused on navigating innovation priorities in a variety of settings. With the 2018 elections less than three weeks away and 36 states facing gubernatorial races, this week we focus on how to make innovation a priority with your governor. SSTI spoke with C. Michael Cassidy, director of the new Emory Biomedical Catalyst, and Christine Smith, managing director of innovation, Rhode Island Commerce Corporation, about their experiences in working with their states’ governors over the years.
Still treated as a novelty by most mainstream U.S. media, there is growing global use of nature-inspired innovations to deal with a number of challenges and undesired properties of business-as-usual, whether it be infrastructure, agriculture or product design, production, use or disposal.
Still treated as a novelty by most mainstream U.S. media, there is growing global use of nature-inspired innovations to deal with a number of challenges and undesired properties of business-as-usual, whether it be infrastructure, agriculture or product design, production, use or disposal. Collectively comprising a number of approaches —such as biomimicry, green chemistry, or regenerative manufacturing — nature-inspired innovation incorporates design and use principles borrowed from and complementary to nature. The most promising aspects of all of these efforts are their economic value and efficiency compared to life cycle analyses of similar products and processes development through conventional means.
The U.S. Department of Energy (DOE) announced two new manufacturing prizes as part of the Manufacturing Innovator Challenge, an effort to crowdsource solutions for next generation manufacturing, to increase energy productivity and strengthen America's industrial base. Both prizes focus on additive manufacturing: Additive Manufacturing for Disaster Response and Solid State Lighting Manufacturing.
The U.S. Department of Energy (DOE) announced two new manufacturing prizes as part of the Manufacturing Innovator Challenge, an effort to crowdsource solutions for next generation manufacturing, to increase energy productivity and strengthen America's industrial base. Both prizes focus on additive manufacturing: Additive Manufacturing for Disaster Response and Solid State Lighting Manufacturing. Participants will be asked to share designs that represent an innovation in each respective application of additive manufacturing.
The U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) is funding a program to better connect entrepreneurs, industry and investors with inventions from federally funded R&D. NIST has created a partnership with National Technical Information Service (NTIS) and will invest $1.7 million of its Lab to Market funding to complete the project.
SSTI has reviewed the ballot initiatives across the country that affect innovation. Several states have energy initiatives on their ballots, while higher education funding is at play in Maine, Montana, New Jersey and Rhode Island. Utah could become only the second state to fund its schools through gas taxes, if a measure there is passed. At the same time, four states have ballot issues addressing redistricting commissions which could have a significant impact on state legislative makeup when lines are redrawn after the 2020 census.
Arizona
SSTI has reviewed the ballot initiatives across the country that affect innovation. Several states have energy initiatives on their ballots, while higher education funding is at play in Maine, Montana, New Jersey and Rhode Island. Utah could become only the second state to fund its schools through gas taxes, if a measure there is passed. At the same time, four states have ballot issues addressing redistricting commissions which could have a significant impact on state legislative makeup when lines are redrawn after the 2020 census.
Tuesday’s elections resulted in a Democratic majority in the House, but the changes for the next Congress go far beyond this outcome. Flipping party control means new chairs for every committee in the House; many Senate Republicans in leadership positions are reaching their party’s term limits, yielding new committee seniority; and, retirements and incumbent losses yield further changes. For the bipartisan issues of science and innovation, this shake up will produce new opportunities and uncertainties.
Rhode Island Gov. Gina Raimondo has announced the first three projects for the state’s Innovation Campus Program, an effort to support the commercialization of academic research in key industries such as cybersecurity, data analytics and agricultural technology. The centers, in partnership with the University of Rhode Island and located in Kingston and Providence, will receive a combined $12 million from the state. The funding stems from a $20 million innovation bond approved by the state’s voters in 2016.
The latest Farm Bill, expected to be signed into law Thursday, contains provisions that could provide significant new tools for rural innovations. The two greatest opportunities are the Rural Innovation Stronger Economy (RISE) grant program, which creates an innovation cluster and strategy program for rural regions, and a change to allow the existing Community Facilities program to support incubators, makerspaces, and job training centers.
This month, we begin a four-part series focused on navigating innovation priorities in a variety of settings. The series features perspectives from experts in the field, presented in a Q&A format. Each practitioner we interviewed will also be presenting at our annual conference, where these topics will be explored in greater depth. Click here for more information on the conference.
Bringing the innovation community together and examining how it has advanced — or how it hasn’t — is one of the driving goals of SSTI’s annual conferences. This year we brought together thought-provoking leaders to help reflect on whether stakeholders in the innovation economy are moving the needle in the right direction.
Rural communities across the country have the opportunity to build capacity to create innovation-based jobs with a new initiative spearheaded by the Center on Rural Innovation. Communities that are already working on building new entrepreneurship capacity will receive on-site technical assistance as they execute an innovation hub strategy. Those communities will need to secure live-work space for the hub, raise up to $500,000 in operating funding and apply for matching funds at the end of Q1 2019.
Strict balanced budget requirements, tax or expenditure limits and party control of a state legislature and governorship can influence innovation funding when states respond to deficits. As states face new political landscapes and decision makers in their legislatures, the implications of a recent study on the topic emphasize the importance of keeping innovation on a state’s agenda.
Recent research revealed that exposure to innovation (e.g., mentorship program and immersive K-12 STEM education experience) during childhood and young adulthood has a greater effect on the decision to pursue careers in innovation than financial incentives. Researchers Alexander M. Bell, Raj Chetty, and their co-authors developed a model to analyze the impact of several factors on inventor career choices.
A recent report by Breakthrough Energy, co-chaired by former Energy secretary Ernest Moniz, calls for a better policy approach to supporting clean energy. Their premise is that America has led the way in this industry, but that the way forward requires innovation on a greater scale than we have achieved before, and that this, in turn, requires better coordination of systems.
A note from the publisher (aka, Dan Berglund): Two of the most frequent questions SSTI staff is asked are: “What program, initiative, movement has piqued your interest?” and, “Who should we be watching and learning from?” While the answers are somewhat implied in what we cover in The Digest, host webinars on, and feature in conference content, look for occasional pieces in 2019 labeled “SSTI Feature” that offer a sampling of our answers to those questions.
Maine voters approved a special referendum on June 13 that will issue $50 million in bonds to fund investment in research, development and commercialization in the state’s seven targeted technology sectors. The Maine Technology Institute will distribute $45 million of the funds for infrastructure, equipment and technology upgrades. The remaining $5 million will be used to recapitalize the Small Enterprise Growth Fund to create jobs and economic growth by lending to or investing in qualifying small businesses.
American Made Solar Challenge is seeking teams of creative individuals and entrepreneurs to compete for prize money and strategic support in accelerating ideas and solutions. In a three-part series of contests, $3 million will be awarded in cash prizes and up to $525,000 in vouchers, which can be used at national laboratories and other voucher facilities to develop, test and validate ideas in the energy marketplace.
The National League of Cities is asking local public, private, and civic leaders to make new, measurable, and impactful commitments to increasing the adoption of technology, improving the climate for entrepreneurship, and expanding youth and adult opportunities in science, technology, engineering and math (STEM) at the local level.
The National League of Cities is asking local public, private, and civic leaders to make new, measurable, and impactful commitments to increasing the adoption of technology, improving the climate for entrepreneurship, and expanding youth and adult opportunities in science, technology, engineering and math (STEM) at the local level. By making a commitment, NLC invites cities to take part in its City Innovation Ecosystems program, which seeks to help local leaders achieve their goals by marketing and branding best practices, providing technical assistance, promoting peer learnings, and connecting cities to national private and philanthropic partners. NLC will highlight accepted commitments at its City Summit in Los Angeles from November 7-10.
Twenty-four local economic development entities, Small Business Technology Development Centers, Women’s Business Centers, incubators, accelerators, colleges and universities were granted $125,000 by the U.S. Small Business Administration (SBA) under the Federal and State Technology (FAST) Partnership Program. The 24 grant recipients, including seven that are members of SSTI (boldfaced below), provide support to small businesses developing and commercializing high-risk technologies.
Working with public and private-sector partners across the U.S., the EDA invested approximately $289.1 million in 815 locally-driven economic development projects in FY 2017, according to its most recent annual report. The report provides examples of the projects it funds in each state, to help show the breadth and diversity of the programs and projects it funds.
Working with public and private-sector partners across the U.S., the EDA invested approximately $289.1 million in 815 locally-driven economic development projects in FY 2017, according to its most recent annual report. The report provides examples of the projects it funds in each state, to help show the breadth and diversity of the programs and projects it funds. It also provides an interactive map detailing the summary and case studies of investments for any given state or territory.
After 20 years of a program that had supported innovation in the state of Kentucky, the governor said he wanted to consolidate the funding to support entrepreneurs and become more strategic in the state’s efforts.
After 20 years of a program that had supported innovation in the state of Kentucky, the governor said he wanted to consolidate the funding to support entrepreneurs and become more strategic in the state’s efforts. This month, the state unveiled a new program — Regional Innovation for Startups and Entrepreneurs (RISE), a strategy that unites each area’s most powerful economic drivers, prioritizes commercialization and promotes rapid scaling. The new strategy is designed to decrease duplication of efforts and get investments more directly to entrepreneurs, said Brian Mefford, the executive director of KY Innovation.
A range of equity-based strategies to support scale-up programming for small-scale manufacturers are among the findings of a recent report from the Urban Manufacturing Alliance (UMA).
A range of equity-based strategies to support scale-up programming for small-scale manufacturers are among the findings of a recent report from the Urban Manufacturing Alliance (UMA). In Making, Scaling and Inclusion, UMA found that the economic development field is hungry for strategies that remove employment barriers and build the talent of low-income and economically disadvantaged communities to drive economic growth in their cities and the report offers guidance for building equitable innovation economies.
When TechShop unexpectedly closed its 10 locations around the country on Nov. 15, announcing its intention to file for Chapter 7 bankruptcy, it not only surprised many who were affiliated with the maker space, but raised questions surrounding the larger maker space community. Dan Woods, CEO of TechShop, cited financial reasons for the closing. They had earlier announced the closing of the Pittsburgh shop, but had opened a new shop in Brooklyn, New York, just weeks before the sudden closure.
While traditional economic development within the states has shifted to an economy more reliant on innovation, many policy discussions remain mired in acknowledging just some of the more recognized tech-based regions, says the Information Technology and Innovation Foundation (ITIF) in its latest report. However, as economic indicators reveal that all states’ economies incorporate some degree of innovation as a driver of their economy, the 2017 State New Economy Index measures states’ capacities to function in this new economy.