dept of commerce

The Economic Development Administration (EDA) announced the Strong Cities, Strong Communities (SC2) Pilot Challenge, a $6 million pilot initiative to assist economically challenged municipalities in creating long-term economic development plans. Under the SC2 initiative, the EDA will select six pilot communities from across the country. To be eligible for the SC2 initiative, the applicant must be a local government that meet all the economic distress criteria described in the announcement and has a current population of at least 100,000. The six pilot communities then will conduct a challenge in which teams will compete for up to $1 million in awards to provide the city with a comprehensive innovative economic development plan. Applications are due July 23, 2012. Visit the initiative's website...

The Economic Development Administration (EDA) released the third round of the i6 Challenge to spur high-growth entrepreneurship. EDA and its partners will commit up to $6 million to establish six proof-of-concept centers that promote American innovation, foster entrepreneurship and increase the commercialization of ideas into viable companies. These centers incorporate a range of services from technology and market evaluation, through business planning and mentorship and on to early stage access to capital. Organizations eligible for i6 challenge grants include U.S. states, local governments, institutions of higher education and nonprofit organizations. The application deadline is July 20, 2012.

The Obama Administration has released details on this year's $26 million Advanced Manufacturing Jobs and Innovation Accelerator Challenge, a multi-agency initiative to assist in the development and implementation of regionally-driven economic development strategies that support advanced manufacturing and cluster development. The challenge will fund approximately 12 new awards, each with a project period of up to three years. The deadline for applications is July 9, 2012. An informational webinar for the Advanced Manufacturing Jobs Accelerator will be available in approximately two weeks at www.manufacturing.gov/accelerator/index.html

Workers who pursue manufacturing jobs likely are to earn premium wages and benefits and find work in STEM fields, thus improving their skills and directly contributing to the nation's competitiveness, according to The Benefits of Manufacturing Jobs from the Commerce Department's Economics and Statistics Administration. On average, total hourly compensation, including benefits, is 17 percent higher for manufacturing workers compared to non-manufacturing workers. The report also finds educational attainment for the manufacturing workforce steadily is rising.

Three federal agencies (Departments of Commerce, Defense and Energy) are accepting applications for the establishment of a $45 million pilot Institute for Additive Manufacturing. The federal agencies intend for the Institute for Additive Manufacturing to accelerate research, development and demonstration in additive manufacturing and transition technology to manufacturing enterprises within the United States. It will serve as a proof-of-concept for the potential subsequent institutes in the National Network for Manufacturing Innovation (NNMI) — a network composed of up to fifteen institutes for manufacturing innovation around the country, each serving as a hub of manufacturing excellence in a specific research area.

The National Institutes of Standards and Technology (NIST) has released a request for information (RFI) on the National Network for Manufacturing Innovation. Responders to this RFI should address one or more of the 21 questions found in the document. NIST intends for these comments to help shape the new program that will be funded in 2013. Comments are due October 25, 2012.

Intellectual property-intensive industries contribute approximately $5 Trillion to U.S. Economy and at least 40 million jobs, according to a new U.S. Patent and Trademark Office (USPTO) report — Intellectual Property and the U.S. Economy: Industries in Focus. The report highlights 75 industries that use several forms of intellectual property (IP) protections (i.e., patents, copyrights and trademarks) most extensively. Using several economic impact indicators, the authors found that these industries were key drivers of the U.S. economy in 2010 including:

This week, both the U.S. House and the Senate Appropriations Subcommittees on Commerce, Justice, Science and related agencies (CJS) approved FY13 funding legislation supporting several key TBED agencies. Press releases from the Senate CJS subcommittee and the House appropriations committee suggest that funding for the Manufacturing Extension Partnership (MEP) program will likely remain close to the level indicated in the president's FY13 budget at $128 million or a bit higher. FY13 funding for the Economic Development Administration (EDA) is less certain, with the current Senate bill allocating $238 million and the House bill funding it at only $220 million.

The U.S. Economic Development Administration (EDA) announced the 20 winners of the $37 million Jobs and Innovation Accelerator Challenge. The multi-agency competition will support cluster-based, regional initiatives to spur job creation and economic growth. Descriptions of all 20 winning projects are available on the EDA site. Read the announcement...

The Economic Development Administration (EDA) in partnership with 15 other federal agencies and bureaus intends to commit $33 million in direct federal funding and provide technical assistance resources for the Jobs and Innovation Accelerator Challenge — a new public-private initiative focused on supporting and accelerating the growth of regional innovation clusters that exhibit high-growth development potential. Approximately 20 industry clusters will be selected through a nationwide competitive process that includes all industry sectors. Three agencies will provide direct funding with the additional 13 agencies and bureaus providing technical assistance resources to support customized solutions for each awardee. Challenge investments also are intended to serve as a catalyst for leveraging private capital in the regions from sources including foundations, financial institutions, corporations and other private sector partners. Sometime in May 2011, EDA will announce the competitive solicitation for this challenge. Read the Federal Register announcement or the press release...