federal budget

Federal innovation policy at the recess — what has moved in Congress and what may happen in the fall

The 116th Congress has already advanced policies to affect regional innovation economies, and much more is poised to happen once both chambers return in September. In addition to completing the FY 2019 budget (see our Feb. coverage), this session has seen Regional Innovation Strategies legislation pass the House and Senate (albeit in different bills); the Senate working toward an overhaul of the Small Business Administration; and, the start of the FY 2020 budget process.

House passes robust budgets for science, entrepreneurship

The U.S. House has now passed 10 of the 12 annual appropriations bills that fund federal agencies. Agencies with House-approved budgets include the Department of Commerce, Department of Energy, National Institutes of Health, National Science Foundation, and Small Business Administration. Federal R&D and Commerce’s Regional Innovation Strategies would see substantial increases, and — due to amendments made on the House floor — SBA’s accelerators and clusters programs would retain their funding.

How SBIR/STTR spent $2.7 billion in FY 2016

The U.S. Small Business Administration (SBA) released its FY 2016 annual report for the $2.4 billion obligated by the Small Business Innovation Research (SBIR) program and $313.6 million by the Small Business Technology Transfer (STTR) programs. The report includes the number and dollar amount of SBIR and STTR awards for each state. New Phase I SBIR awards by agency are summarized in the following table.

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.

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