SSTI Digest

A more innovative economy does not have to lead to greater inequality, as long as educational pathways exist for middle-skill workers, according to a new report from Jobs for the Future and Achieving the Dream. The groups’ Middle-Skill STEM State Policy Framework provides a set of strategic goals for states to link the community college experience with the needs of employers. States should better align community college programs with state economic development strategies, encourage engagement and apprenticeships with the private sector and implement incentives for schools to design more innovative STEM learning opportunities. Download the report…

Federal funds for science and engineering at American universities grew steadily from 2001 to 2008, jumped in 2009 and 2010 due to the American Reinvestment and Recovery Act (ARRA), and more or less returned to its original trajectory in 2011, according to survey data from the National Science Foundation (NSF). Federal S&E funding in most states followed a similar pattern. A few states, including Minnesota and Delaware, managed to sustain their level of federal S&E support after the Recovery Act funds ceased. In fact, Delaware increased its funding at a higher rate than any other state during the 2001-11 period, becoming the only state to more than double its level of federal support.

NSF’s Federal Science and Engineering Support to Universities, Colleges and Nonprofit Institutions survey tracks more types of university support than other NSF surveys. The data includes federal R&D funding, but also federal support for fellowships, training grants, R&D plant and S&E instruction facilities. The latest release provides updates on FY10 and FY11, with breakdowns by state, funding agency, nature of support and institution.

A new report released last week by Hermann Hauser, one of Britain’s most renowned technology entrepreneurs, announces his support for the expansion of the UK’s Catapult Network, a series of national centers focused on innovating around specific industry areas. Hauser played a critical role in the launch of the Catapult Network and was tapped by cabinet officials to conduct a review of the program’s progress. In Review of the Catapult Network: Recommendations on the Future Shape, Scope and Ambition of the Programme, Hauser notes that in order to take advantage of its world-leading science base, the UK must drastically increase its funding for innovation programming and the size and scope of its Catapult Centers.

Three research-focused economic development organizations have released reports over the course of the last month detailing their progress in supporting economic growth, innovation, and beyond. The University of Massachusetts, the Georgia Research Alliance, and the Virginia Center for Innovative Technologies each use a different approach to measure their success and to communicate their impact to external stakeholders. The variety of releases demonstrates the range of approaches that organizations use to provide useful data in a format that attracts attention to their achievements.

The Department of Defense (DOD) released a federal funding opportunity (FFO) to establish an Integrated Photonics Institute for Manufacturing Innovation (IP-IMI). Administered by the Air Force Research Laboratory, the Integrated Photonics Institute will assist in developing an end-to-end photonics ecosystem in the U.S. and support photonics-focused research and development efforts across the country (see related Digest article). DOD requires a 1:1 match in private funds by the awardee – an over $220 million commitment from federal and private resources. Lead applicant eligibility is restricted to nonprofit organizations. However, applicants are encouraged to establish a regional consortium that includes members from academia, government and industry. Applications are due December 19. Read the announcement (FOA-RQKM-2015-0009)…

With about 82 percent of all U.S. state legislative seats up for election on Tuesday, Republicans took control of 11 chambers previously held by Democrats, according to the National Council of State Legislatures (NCSL). As of Wednesday, state legislative chambers stood at 68 Republican and 30 Democrat, with Nebraska’s unicameral legislature as non-partisan. Republicans gained majorities in the Colorado Senate (pending recounts), Maine Senate, Minnesota House, Nevada Assembly and Senate, New Hampshire House, New Mexico House, New York Senate, Washington Senate, and West Virginia House and Senate. Over the past decade, the number of divided state governments, with different parties in power in the legislature and the governorship, has trended downward. With Republican victories in several Democratic strongholds, that trend continues. Read updates from NCSL…

In case you missed it, the midterm elections were on Tuesday, resulting in Republicans taking control of Congress, several new governors, and five states endorsing minimum wage increases. Although the 146 state ballot measures up for vote were a quarter-century low, several proposals were relevant to the TBED community, as highlighted in a Digest article last week. Voters ultimately approved many of these proposals, although initiatives related to higher-education in North Dakota and Oregon both failed. 

In two recent academic journal articles from the United Kingdom (UK), the authors look at the characteristics that lead to successful entrepreneurs and startup firms. In both articles, the founders’ business experience – both corporate and entrepreneurial – was a strong indicator of startup success, sustainability, and job creation. Their findings indicate that national innovation policies and entrepreneurial programs in the UK should shift from focusing almost solely on faculty-led university spinoffs and millennials to a more inclusive approach that also supports mid-career professionals launching entrepreneurial ventures.

U.S. Secretary of Commerce Penny Pritzker announced the solicitation for the second round of the Investing in Manufacturing Communities Partnership (IMCP) will be released in the coming weeks. Through this federal funding competition, regions from across the country will compete to receive the designation of manufacturing communities and receive the financial and technical support of 11 federal agencies to achieve economic growth and job creation through manufacturing. Application due dates, eligibility requirements and funding totals will be announced in a future edition of the Federal Register.

Last week, the U.S. Department of Housing and Urban Development (HUD) announced a Request for Applications (RFA) for cities seeking economic revitalization through the National Resource Network (The Network), a public-private initiative that works with national experts and strategic partners to increase the economic competitiveness of cities and reverse population decline, job loss, and high poverty rates. The Network, which was created out of demand from cities across the country, was funded by $10 million from HUD and is a component of the Obama administration’s Strong Cities, Strong Communities Initiative. Through The Network’s direct technical assistance program, local governments and their partners in economically challenged communities will receive support in developing and implementing strategies for economic recovery.

On Tuesday, 36 states held gubernatorial elections. Though it was a good night overall for incumbents, 10 new governors will take office next year. Republicans picked up four governorships that are currently under Democratic control, including Arkansas, Illinois, Maryland and Massachusetts, while Democrats managed a win in currently Republican Pennsylvania. New governors will also take office in Arizona, Hawaii, Nebraska, Rhode Island and Texas. Several of these new candidates have made technology-based economic development a part of their platform, including new funding for research, STEM initiatives, workforce development and manufacturing.

Arkansas

On November 20, the Securities Exchange Commission (SEC) will hold its annual Government-Business Forum on Small Business Capital Formation in Washington, D.C. The forum will include a morning panel session and four afternoon breakout groups. During the morning panel, the SEC panel will kick off the event by tackling several topics including the hot-button issue of defining accredited investor. In the afternoon, attendees can register to attend one of four topic-specific breakout groups:

• Definition of Accredited Investor;
• Disclosure Effectiveness for Smaller Reporting Companies;
• Exempt Securities Offerings; and,
• Secondary Market Liquidity for Securities of Small Businesses.

The intent of these small breakout groups is to encourage public discussion between attendees and formulate specific policy recommendations.

Over the last year, the SEC has indicated they may raise the economic thresholds for accredited investor. Currently, the economic thresholds are: