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Commerce sets new, hands-off direction for department

Thursday, March 8, 2018

In a shift from its past economic development efforts, the U.S. Department of Commerce FY2018-2023 strategic plan would move the department to focus almost exclusively on being a commercial services entity. The plan’s points of emphasis are on streamlined permitting and regulations, with direct government activity primarily reserved for common good services — e.g., economic data, cybersecurity and IP protection.

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NIST Announces Recompetition of 22 State MEP Centers in 2016

Thursday, May 14, 2015

The National Institute of Standards and Technology’s Hollings Manufacturing Extension Partnership (MEP) released a notice of intent to issue two future Federal Funding Opportunities (FFOs) in 2016 for the recompetition of state MEP centers in 22 states. Each state MEP center provides manufacturing extension services to primarily small- and medium-sized manufacturers in their respective state.

  • Read more about NIST Announces Recompetition of 22 State MEP Centers in 2016

MEP Launches Competitions for 12 MEP Centers; WH Announces Supply Chain Initiative

Wednesday, March 18, 2015

The National Institute of Standards and Technology’s Hollings Manufacturing Extension Partnership (MEP) issued a Federal Funding Opportunity for nonprofit organizations to operate state MEP centers in 12 states – Alaska, Idaho, Illinois, Minnesota, New Jersey, New York, Ohio, Oklahoma, Utah, Washington, West Virginia and Wisconsin. The objective of the MEP Center program is to provide business and technical services to small- and medium-sized manufacturers within the state of operation.

  • Read more about MEP Launches Competitions for 12 MEP Centers; WH Announces Supply Chain Initiative

Obama Administration's Wireless, Broadband Agenda Targets Economic Growth

Wednesday, June 19, 2013

Earlier this month, President Obama announced plans to expand broadband and wireless Internet access to every school and library in the U.S. The new initiative, ConnectEd, has a goal of connecting 99 percent of students to the Internet within five years by having the Federal Communications Commission (FCC) modernize and leverage its existing E-Rate program. The president claimed that millions of students lack access to high-speed broadband and fewer than 20 percent of educators say that their school's internet connection meets their needs, particularly those in rural America.

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Federal Government Stepping Up to Coordinate State Cybersecurity Efforts

Wednesday, May 22, 2013

Threats to America's cybersecurity continue to make headlines, underscoring the growing importance of protecting our country's digital infrastructure. As national security experts continue to grapple with how to address the challenge, the federal government is stepping up to coordinate state cybersecurity efforts. In an effort to promote our country's economic security and boost innovation and competitiveness, the National Institute of Standards and Technology (NIST) is working with states and the private sector to develop a framework for national cybersecurity standards.

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Senate Passes FY12 "Minibus" Appropriations Bill

Wednesday, November 2, 2011

The U.S. Senate has passed an FY12 funding bill encompassing appropriations measures for the Department of Agriculture; Commerce, Justice and Science; and Transportation and Housing and Urban Development. The bill includes funding for NASA, the National Institute of Standards and Technology, and the National Science Foundation, as well as other technology agencies and programs. By combining the separate appropriations bills, the Senate hopes to increase its leverage in conferences with the House.

  • Read more about Senate Passes FY12 "Minibus" Appropriations Bill

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Recent news from the SSTI Digest

Recent Research: What makes place-based economic development policies work?

Wednesday, September 9, 2026
Place-based economic development is back near the center of federal policy, from Opportunity Zones to the CHIPS and Science Act. That renewed attention comes with a familiar problem: decades of enterprise zones, tax incentives, infrastructure investments, and other geographically targeted programs have produced results that are hard to summarize cleanly. In a new NBER working paper, Matthew Freedman and David Neumark ask the better question: not simply whether or not these policies work, but under what conditions they might work, for whom, and why. Their review points to a practical conclusion: policy design matters and targeting a distressed community with development-focused financial incentives is rarely enough on its own.
economic development

A BBBRC grant builds momentum for a highly trained semiconductor workforce

Wednesday, September 9, 2026
For the civic leaders of Osceola County, the Great Recession of 2008 made clear that they could not base their economy so heavily on travel and tourism. By the time COVID-19 hit in 2020, they knew the steps they had taken to diversify their economy were the right ones. When the Build Back Better Regional Challenge (BBBRC) opportunity arose in 2021, the county and its partners were well-positioned to operationalize the benefits the grant presented to the region and create a trained workforce for a recently attracted semiconductor industry. How did Osceola County get here? There are potential approaches to emulate by more areas of the county dependent on low-wage sectors like tourism or, for that matter, extraction-focused regions subject to “boom and bust.” 
semiconductors
workforce

The impact of tax incentives on early-stage company investment varies

Wednesday, September 9, 2026
One persistent question in economic development policy is how incentives impact private sector investment decisions. Recent and ongoing research from Murillo Campello and Guilherme Junqueira of the University of Florida, published in the National Bureau of Economic Research working paper series, explores the impact of the Qualified Small Business Stock (QSBS) program on venture capital risk-taking. The researchers found that the availability of QSBS tax benefits strongly influences venture capital investment behavior, specifically in traditionally structured venture capital funds. They also found no similar behavior among angel or corporate investors, an insight that may hold important program design and policy lessons for the TBED community. 
tax incentives
investing
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