federal budget

Trump’s budget is DOA, but here are four hurdles for FY 2020 funding

The budget that Congress ultimately passes for FY 2020 will almost certainly bear little resemblance to the President’s “Budget for a Better America: Promises Kept. Taxpayers First.” For example, the White House is requesting again to eliminate EDA and to reduce R&D significantly, despite Congress increasing funding for these activities less than a month ago. Nonetheless, Congress will grapple with a set of issues, such as budget caps and Census funding, that may squeeze the funding available for SSTI members’ priorities. A lot more than a rejection of the White House’s budget needs to happen for science, technology, innovation and entrepreneurship funding to even hold steady let alone increase in FY 2020.

Budget deal contains modest boost for innovation funding

The FY 2019 federal budget was completed last week, finalizing funding for commerce, science and small business agencies. Most programs supporting innovation activities received the same funding as in FY 2018, although Regional Innovation Strategies will have $23.5 million, an increase of $2.5 million, for the current award solicitation. More details on each agency’s budget are below — SSTI members are also reminded to stay tuned to the Funding Supplement throughout the year for notices when each program’s funding opportunity is available.

Shuttered agencies represent $38 billion in science, innovation, economic development funding

As the partial government shutdown enters its second month, the impacts across America are increasingly disruptive. The agencies that do not have a current budget were appropriated more than $38.9 billion for R&D, technology transfer, entrepreneurship, broadband, science, economic development and other activities related to regional innovation economies in FY 2018.

FY 2019 final budget from Congress: Defense, Labor, HHS

Congress is set to pass portions of the overall FY 2019 federal budget before the end of the current fiscal year, which has been rare over the last decade. To keep pace, SSTI will be running a series of FY 2019 budget updates. Part I is Energy and Water (including Regional Agencies), Legislative Branch, and Military Construction and Veterans Affairs. Part II is Defense with Labor and HHS, as well as a CR for the rest of the government through Dec. 7.

 

Senate committee would fund Regional Innovation at $25 million

The Senate Committee on Appropriations this morning advanced a funding bill that includes $25 million for Regional Innovation Strategies — $4 million more than the current funding round.

Congress poised to increase Regional Innovation funding

Both the House and Senate are beginning the appropriations process for FY 2019 this month, and early indicators suggest that EDA’s Regional Innovation Strategies program could see an increase over its $21 million for FY 2018.

New programs and major increases in the FY 2018 budget

In the immediate aftermath of the FY 2018 federal budget deal’s announcement, SSTI covered the increased funding for a few key programs, including Regional Innovation Strategies ($21 million) and the National Science Foundation ($7.5 billion). Today we reveal our full analysis covering several new funding line items and substantial funding increases for regional innovation organizations to consider.

Final FY 2018 budget increases Regional Innovation, MEP, NSF

With final passage and signage pending at the time of publication, the federal budget for FY 2018 provides relatively strong support for innovation economies. The Regional Innovation Strategies program is funded at $21 million, MEP at $140 million and the National Science Foundation at $7.8 billion, increases for all organizations. Other notable innovation programs receiving at least level funding are SBA’s cluster and accelerator programs, DOE’s ARPA-E, NASA science and the National Institutes of Health.

Five takeaways from the administration’s FY 2019 budget

The White House released a budget this week that would substantially reduce federal spending for innovation and entrepreneurship. Regional Innovation Strategies and the entire Economic Development Administration, Manufacturing Extension Partnership, Advanced Research Projects Agency – Energy, Innovative Technology and Advanced Vehicles loan programs, Growth Accelerator Program and Regional Innovation Clusters would all be eliminated. Only in an addendum related to last week’s budget deal does the administration suggest funding workforce and several agencies’ R&D at or near FY 2017 levels. Still, whereas the previous two budgets featured nearly-universal cuts to non-defense initiatives, the FY 2019 budget provides better insights into the administration’s priorities.

Senate advances final FY 2018 budget bills

Senate Appropriations subcommittees have advanced the remaining FY 2018 departmental budgets: DefenseHomeland SecurityInterior, and Financial Services. Unlike the House’s proposal, the Senate would largely maintain FY 2017’s innovation funding. Highlights include level funding for SBA’s entrepreneurial programs — with $6 million for clusters initiatives and $2 million for accelerators — and level funding for the CDFI Fund. Science and Technology funding, while above the administration's request, would decrease by about 8.6 percent for Homeland Security while Defense would see a small increase for applied research but an overall 0.5 percent decrease, according to the American Institute of Physics.

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