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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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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.
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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.
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New federal rules, both proposed and finalized, will impact small businesses

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