SSTI Digest

Offering some good news for universities and companies looking for funding, the National Science Board (NSB) has recommended the elimination of any evidence of voluntary cost share from most grant proposals to the National Science Foundation (NSF). However, the board recommended mandatory cost matching should be reinstated in a handful of initiatives, including its Engineering Research Centers (ERC) program, its Industry/University Cooperative Research Centers (I/UCRC) program, and its EPSCoR program.

The return of mandatory matching funds may present a mixed bag for state and university TBED policies in an era of shrinking financial resources. States that have programs in place to match federal research grants are well positioned strategically to support those opportunities that may provide the fit with the state's tech-based economic development goals. States without matching-grant mechanisms already established may need to expand their portfolio of programs if growing the research enterprise is one of their TBED priorities.

Earlier this year, Congress and President Obama, seeing an opportunity to stimulate the economy while improving the nation's digital infrastructure, set aside $7.2 billion for broadband programs in the 2009 Recovery Act (read SSTI's analysis of the Recovery Act in the February 19 issue). Citing the need for a modernized digital infrastructure to ensure U.S. competitiveness, the act included funding for broadband mapping and deployment to help make sure that all Americans have access to high-speed Internet services. A controversy, however, has grown in the wake of the Recovery Act over how that money should be spent.

A full week after the Administration's budget request was released, NSF made available details on the foundation's $7.05 billion request. With the new information, SSTI is presenting below its summary regarding the NSF budget proposal's impact on programs of importance to state and regional TBED efforts. This profile, along with similar budget summaries of 17 other agencies, is available in an updated version of SSTI's Special Federal Budget Issue. The PDF document may be found at: http://www.ssti.org/Digest/2009/fy10budget.pdf.

In the midst of a national economic recession contributing to a record number of job losses in traditional industries, forward thinking states are exploring ideas and committing funds to help grow and diversify their economies and strengthen their renewable energy portfolios.

Over the past several months, governors, legislators and economic development groups have announced new initiatives aimed at job growth and energy independence in the new economy. The following overview provides a sampling of green energy initiatives and investments from numerous proposals and announcements across the nation.

Virginia lawmakers passed a bill last month supporting the state's bioscience industry and providing incentives to investors for bioscience and advanced technology commercialization. The legislation comprised all of the top recommendations from the 2008 Joint Legislative Subcommittee on the Biosciences.

The bill changes the existing Commonwealth Technology Research Fund to the Commonwealth Research Fund to better focus on key areas of R&D, emphasize the importance of commercialization of R&D through matching funds programs, and to provide a loan program for the construction of facilities used in commercializing research. The Innovative Technology Authority would continue to administer the fund and establish and maintain specific guidelines for awarding funds.

Specifically, the bill:

Several of Gov. Tim Kaine's energy and job creation proposals were included in the approved revisions to Virginia's current two-year budget passed by the General Assembly last month. Lawmakers, faced with a projected $ 3.7 billion deficit, made revisions and incorporated federal stimulus funding from the American Recovery and Reinvestment Act (ARRA) to amend the budget.

Legislators passed a measure proposed by Gov. Kaine to merge the Innovative Technology Authority (ITA) and the Virginia Research and Technology Advisory Commission into a single entity named the Innovation and Entrepreneurship Investment Authority.

Through exclusive interviews with Excellence in TBED Award recipients, find out first-hand how these award winning initiatives successfully responded to a critical need by applying innovative approaches to generate substantial economic gains for their region. Recently released podcasts include:

• Mike Cassidy of the Georgia Research Alliance discusses their Eminent Scholars program. The podcast is available at: http://www.ssti.org/media/cassidy.html.
• Sheryl Bryan of the Virginia Council on Advanced Technology Skills (VCATS) provides details on replicating the program in other states and regions. The podcast is available at: http://www.ssti.org/media/bryan.html