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MoU hopes to accelerate battery manufacturing in the US

Thursday, May 11, 2023

An MOU between the Korean Institute for Advancement of Technology, the Korean Battery Industry Association, the Korean Electronics Technology Institute, and the NAATBatt Association, aims to bring Korean battery manufacturers to the U.S.

  • Read more about MoU hopes to accelerate battery manufacturing in the US

$2.8B announced for manufacturing EV batteries and grid

Thursday, October 20, 2022

In a move to strengthen the domestic manufacturing of batteries for electric vehicles (EVs), the U.S. Department of Energy (DOE), announced $2.8 billion for 20 companies in 12 states to extract and process battery materials and manufacture components while creating good-paying jobs.

  • Read more about $2.8B announced for manufacturing EV batteries and grid

DOE seeks input on creation of new Clean Energy Manufacturing Institute

Thursday, September 16, 2021

The U.S. Department of Energy announced a request for information (RFI) to help inform the creation of a new Clean Energy Manufacturing Institute focused on industrial decarbonization.

The U.S. Department of Energy announced a request for information (RFI) to help inform the creation of a new Clean Energy Manufacturing Institute focused on industrial decarbonization. Released by DOE’s Office of Energy Efficiency and Renewable Energy (EERE), the RFI seeks input from stakeholders in identifying key opportunities to decarbonize energy-intensive sectors across America’s economy through public-private collaboration.

  • Read more about DOE seeks input on creation of new Clean Energy Manufacturing Institute

Innovation and new opportunity front and center in the American Jobs Plan

Thursday, April 1, 2021

As noted in our separate overview, the 25-page American Jobs Plan provides goals, highlights and proposals, but also raises questions about how proposals would be implemented and even exactly how much money would be spent.

  • Read more about Innovation and new opportunity front and center in the American Jobs Plan

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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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