SSTI Digest
End of ARRA Led to $3.9B Drop in Federal Support for University S&E
After the last American Recovery and Reinvestment Act (ARRA) obligations ran out in FY10, federal obligations for science and engineering at U.S. universities and colleges fell by 11 percent, according to the National Science Foundation (NSF). Between FY2010-11, federal agency obligations fell by $31.4 billion in current dollars, though excluding ARRA funds, obligations actually rose by $1.2 billion. R&D obligations fell 10.6 percent, a decline that had its largest impact on funding for R&D-related equipment, facilities and land. Read the report…
Gain Credibility as a 2014 Excellence in TBED Award Winner
External validation through an Excellence in TBED award certifies the superior quality of your initiative, lending independent credentials to your program as stakeholders and funders consider future investments. SSTI’s open call for applications for the 2014 awards program is April 16. Share with us the important work you are doing to support regional economies through efforts to: expand and commercialize research, increase access to capital, build entrepreneurial capacity, and improve the competitiveness of existing industries. We’ll also recognize a newer initiative for a creative approach in design or implementation. Learn more: http://www.sstiawards.org/.
States Pass Innovation-Focused Legislation
Investments and policy to support innovation-focused agendas have flourished with the close of the 2014 legislative sessions in several states. Crowdfunding legislation, incentives for attracting talent, higher education affordability, punishing patent trolls, and encouraging greater accountability are some of the areas where lawmakers focused their efforts.
States Support Crowdfunding LawsTwo states passed legislation to amend state securities laws in order to allow entrepreneurs to raise capital through crowdfunding platforms. Maine passed LD 1512 last month (see related Digest article) and more recently, a measure (HB 2023) was passed in Washington that enables businesses to raise up to $1 million through crowdfunding websites. The law stipulates that contributions must come from residents and businesses in the state. At least five other states have passed similar laws, and a related bill is making its way through the Alabama legislature.
Enhancing Incentives for Job CreationNebraska lawmakers passed LB 1114, a measure that extends for another five years the Business Innovation Act, a program that offers technical assistance and R&D grants to…
NSF Accepting Applications for New I-Corps Sites
The National Science Foundation (NSF) announced a new round of funding for the Innovation Corps Sites (I-Corps Sites) Program. Housed at institutions of higher education, I-Corps Sites are intended to:
Nurture students and/or faculty who are engaged in NSF-funded research projects with commercial potential;
Provide infrastructure, advice, resources, networking opportunities, training and funding to enable groups to transition their scientific and engineering discoveries into the marketplace or into becoming I-Corps Team applicants;
Support and mentor I-Corps Teams; and,
Develop formal, active, local innovation ecosystems that contribute to a larger, national network of mentors, researchers, entrepreneurs and investors.
NSF will commit up to $1.5 million to establish up to 15 new I-Corps Sites. To be eligible for an I-Corps Site award, the institution of higher education must have existing innovation and/or entrepreneurial units. Applications are due June 27. Read the announcement…
WA Legislature Dismantles Longstanding TBED Initiative, Reduces Funds for Research
Just three years ago, lawmakers in Washington put into place a research and commercialization initiative designed as a public-private model to build on the work of two longstanding agencies and better serve the state’s innovation community. The program, Innovate Washington, was eliminated in the legislature during the 2014 session with the passage of HB 2029 and its responsibilities transferred to the state’s Department of Commerce. Funding to support research grants under the Life Sciences Discovery Fund is reduced in the supplemental budget agreement passed by lawmakers.
Under HB 2029, the Innovate Washington Agency responsibilities are transferred to the Department of Commerce no later than June 30. While no new funding was appropriated to the agency last year, Innovate Washington had $2.6 million left in reserves. With enactment of the bill, any remaining balance is transferred to Commerce. The bill also stipulates that the agency’s two facilities be transferred to Washington State University.
As reported in a previous Digest issue, Innovate Washington was created in 2011 as the successor of two longstanding and accomplished TBED…
FL Gov Proposes $80M for Cancer Research
Florida Gov. Rick Scott recently provided details on his $80 million plan to bolster cancer research and treatment in the state. Of that amount, $60 million would be aimed at building a statewide network of federally designated National Cancer Institute centers, while the remaining $20 million would support peer-reviewed research grants. Currently, Florida only has one National Cancer Institute center, the Moffitt Cancer Center in Tampa. Gov. Scott’s effort would help centers in Orlando, Miami and possibly other parts of the state, upgrade their programs to pursue the designation. Read the announcement…
Useful Stats: Higher Education Research Expenditures by State and Funding Source, FY12
North Carolina universities receive a larger share of research dollars from businesses than higher education institutions in any other state, according to the National Science Foundation’s (NSF) Higher Education Research and Development (HERD) survey. The most recent survey provides data on research expenditures by source for each state and territory for FY12. Wisconsin and the District of Columbia received the greatest share of R&D funding from nonprofits, while Wyoming, Maryland Guam and the Virgin Island receive the largest share of funding from the federal government.
North Carolina’s advantage in corporate funding stems from the large amount of private dollars received by Duke University. In FY12, Duke received $226.2 million from private sources, about triple the amount received by any other institution in the state and more than any other university in the country. Businesses funded about $316.8 million in North Carolina academic R&D in FY12, about 11.8 percent of the state total.
Wisconsin and the District of Columbia both received about 12.8 percent of their academic R&D funding from nonprofit sources that year. In Wisconsin…
Industry Support Boosts Chances of Tech Commercialization, Study Indicates
Corporate-sponsored research resulted in licenses and patents much more frequently than federally sponsored projects at the campuses of the University of California system between 1990 and 2010, according to findings published in Nature. While federally funded research produced licenses in 22 percent of cases, 29 percent of industry-supported projects led to licenses. Federally supported projects led to licenses 26 percent of the time, while corporate research did so in 29 percent of cases. Corporate sponsorship also led to more citations in future patents. This was true across technology fields.
Authors Brian D. Wright, Kyriakos Drivas, Zhen Lei and Stephen A. Merrill found that inventions with both types of support were even more likely to commercialize technologies. While the authors anticipated that corporations were more likely to fund applied research that could be quickly brought to market, they also hypothesized that industry research would more often lead to discoveries that were locked down with exclusive licenses or be so narrow as to limit their number of future citations. The latter two predictions turned out to be false.
Though the study is…
$20M for STEM Action Center in UT Budget; More Oversight for USTAR
Increased scrutiny for public investments has grown in recent years amid tight budget conditions. Returns on innovation-focused efforts often take time, and as a result TBED groups are always looking to improve metrics and reporting to meet greater demand for transparency. In Utah, lawmakers recently passed a bill providing more oversight for the state’s signature innovation-capacity building program following a critical audit last year. At the same time, lawmakers continued to embrace the concept of the agency they established eight years prior, and appropriated level funds to continue USTAR’s efforts in research and commercialization. The legislature also passed a bill dedicating $20 million to the STEM Action Center created last session.
USTAR is slated to receive $22 million in FY15 funding, the same as last year. USTAR accomplishes its economic objective to increase innovation, entrepreneurship and investment through three components. This includes star faculty recruitment, building world-class research facilities, and the business development technology outreach teams that specialize in commercialization.
The oversight bill passed by…
Wisconsin Gov Signs $35M Worker Training Bill
A bill providing $35.4 million in workforce training grants to expand Wisconsin’s Fast Forward program was signed into law on Monday by Gov. Scott Walker. Funding will be available in the form of grants to technical colleges to reduce waiting lists for enrollment and for programs and courses that train students in high-demand fields. The funds also will support collaborative projects among school districts, technical colleges and businesses and for employment opportunities for people with disabilities. The measure, Act 139, was approved during a special session, which convened in January.
PA, WI, NY, CA Universities Launch Initiatives to Fuel Entrepreneurial Economy
In an effort to help spur economic prosperity, several universities have unveiled new initiatives to connect potential entrepreneurs with university resources and help integrate the entrepreneurs into their region’s innovation ecosystem. In partnership with other organizations, these programs are intended to position each respective university as a driver of regional economic development through the provision of education, training initiatives and other support services. The initiatives include new programs at Clarion University in Pennsylvania, Carroll University in Wisconsin and New York University (NYU). The Blackstone Charitable Foundation also announced it will expand LaunchPad, a university-led entrepreneurship program, to a partnership that includes three universities in Southern California.
As part of the Make It in PA initiative, Gov. Tom Corbett committed $300,000 to support the Clarion Regional Innovation Support Program (CRISP), an initiative aimed at supporting entrepreneurship through a collaborative regional support system. CRISP will be comprised of the Clarion University Center for Applied Research & Intellectual Property Development, the…
Useful Stats: Higher Education R&D Expenditures by State, FY07-12
Between FY2007-12, research and development (R&D) spending at U.S. universities grew 27.5 percent, from about $51.6 billion to $65.8 billion, according to the latest edition of the National Science Foundation’s (NSF) Higher Education Research and Development (HERD) survey. The survey provides a look at R&D spending at U.S. universities, with data broken down by state, institution, research area and funding sources. California remained the leader in university R&D spending, but spending in the state grew at a slightly lower rate than the national average. Most of the other top 20 states experienced gains that exceeded the national average.
University research spending in Colorado, Massachusetts, Michigan and Washington grew at rates far outpacing other major R&D states. Expenditures in Colorado, which ranked 16th in spending, nearly doubled during the FY2007-12 period. Colorado’s gains were attributable to increased research activity at the University of Colorado, Boulder, Colorado State University, Ft. Collins and, in particular, the University of Colorado, Denver, and Anschutz Medical Campus. Expenditures at the medical campus grew by 63…