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Recent news from the SSTI Digest

Does national VC data still matter for regional innovation efforts?

Wednesday, October 21, 2026
The quick answer is "not really."  The latest PitchBook-NVCA Venture Monitor, which presents venture capital activity, revealed the industry invested $98.4 billion during the third quarter of 2026. But as SSTI’s past analyses have shown—and the most recent quarter’s data further confirms—the national VC market is overwhelmingly dominated by one technological phenomenon, artificial intelligence, and by the mega funds managing more than $500 million.
venture capital
regions
innovation

Useful Stats: A long-term look at research doctorates

Wednesday, October 21, 2026
In this edition of Useful Stats, SSTI examines Survey of Earned Doctorates data to explore the most common research doctorate fields, the time it takes to earn a doctorate, and the percentage of employment postgraduation. The Survey of Earned Doctorates (SED) is an annual census of all individuals receiving a research doctorate from an accredited U.S. institution in a given academic year. Note that professional doctoral degrees (e.g., MD, JD, DPharm, PsyD) are not included in the survey.
S&E
higher ed
education

SBA awards $7 million across nine Regional Innovation Clusters

Wednesday, October 21, 2026

The Small Business Administration's (SBA) Regional Innovation Cluster (RIC) program is designed to strengthen industry through regional collaboration, shortening the distance between a small business with a product and the prime contractor, manufacturer, or buyer in need. Each RIC is organized around a single industry in a single geographic area. On October 6, 2026, SBA announced over $7 million to create nine new RICs.

SBA
awards
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