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Obama Administration Awards $38.8M to Support Economic, Workforce Development Projects in Coal-Impacted Communities

Wednesday, August 31, 2016

The Economic Development Administration (EDA), the Appalachian Regional Commission (ARC), and the Department of Labor’s Employment and Training Administration (ETA) have announced $38.8 million in funding as a part of the Obama administration’s Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) Initiative – a coordinated federal effort to align, leverage and target a range of federal economic and workforce development programs and resources to assist communities negatively impacted by global transition away from coal. In addition to $38.8 million in federal support, the federal partners anticipate that POWER investments will help coal-impacted communities leverage an additional $67 million from other public and private partners.

  • Read more about Obama Administration Awards $38.8M to Support Economic, Workforce Development Projects in Coal-Impacted Communities

Highlights from the President's FY15 Department of Labor Budget Request

Wednesday, March 5, 2014

The president’s FY15 budget would provide $11.8 billion in discretionary funding for the Department of Labor (DOL), a 1.9 percent decrease from FY14 enacted levels. In addition, the administration’s Opportunity, Growth and Security Initiative (OGSI) would provide $2.4 billion not accounted for in the departmental budget to expand the agency’s workforce training and apprenticeship programs. Most DOL programs related to high-tech and manufacturing industries reside within the department’s Employment and Training Administration (ETA), which would receive $3.3 billion (3.4 percent increase).

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DOL Announces $150M Ready to Work Partnership Grant Competition

Wednesday, February 26, 2014

The Department of Labor announced it will commit up to $150 million to the Ready to Work Partnership grant competition — a program that supports and scales innovative  public-private partnerships to build a pipeline of talented U.S. workers in middle- and high-skill jobs.

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Labor Announces $100M to Support Youth Workforce Initiatives

Thursday, November 21, 2013

Providing students with industry-relevant education and skills is the idea behind the Youth CareerConnect grant program, which will provide $100 million to implement curriculum for high schools to strengthen the talent pipeline. In partnership with the Department of Education, the Department of Labor will award 25-40 grants for individual or multistate projects using revenues from the H-1B visa program. The goals are to integrate both career and academic learning, provide work-based learning opportunities, better engage employers, and elevate industry training.

  • Read more about Labor Announces $100M to Support Youth Workforce Initiatives

Specter of Budget Sequestration Looms Over November's Elections

Wednesday, October 3, 2012

Unless Congress and the White House take action by the end of the year, across-the-board spending reductions will go into effect for all federal agencies as a result of provisions in the Budget Control Act of 2011. The budget sequestration would reduce defense discretionary funding by 9.4 percent and non-defense funding by 8.2 percent from the 2011 baseline.

  • Read more about Specter of Budget Sequestration Looms Over November's Elections

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Recent news from the SSTI Digest

Differences in industry concentrations of VDO and VC investments

Wednesday, August 26, 2026
Data reveal that policymakers should not equate strong Venture Development Organizations (VDOs) with private venture capital companies; the purpose of creating public policy to increase the availability of innovation-centered risk capital can be lost if one presumes VCs and VDOs are the same. While there are many similarities between individual VDOs and VC funds, important differences in industry concentration emerge when the two groups are compared in aggregate, which may result in different long-term economic impacts.  Effective VDOs are important drivers of regional innovation and of pushing emerging tech businesses forward. VC, on the other hand, can play an extractive role, particularly in markets with scarce equity finance options.
venture capital
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What could a “new golden age” of science mean for research and commercialization?

Wednesday, August 26, 2026
SSTI’s recent TBED Community of Practice webinar took up a practical question raised by the White House Office of Science and Technology Policy report, Science: A New Golden Age: if federal science policy shifts, what changes will universities, commercialization, and regional innovation organizations need to make? The presentation outlined a research system that could look considerably different from the one that has developed since Vannevar Bush’s Science, the Endless Frontier.
research
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New federal rules, both proposed and finalized, will impact small businesses

Thursday, August 27, 2026
A recent flurry of new rules, both proposed and finalized, may interest small business owners or those who advise them. The U.S. Small Business Administration (SBA) has proposed two new rules. The first, Revised Size Standards Methodology, will update SBA’s methodology for determining which businesses qualify as “small.” The second, on Small Business Size Standards, would consolidate the number of industry-specific size standards and raise size standard thresholds. 
small business
SBA
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