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Thanks to SSTI member outreach, House committee votes to fund Regional Innovation Strategies in FY 2018

Thursday, July 20, 2017

When SSTI learned that the House commerce appropriations subcommittee’s draft FY 2018 bill did not specifically fund the Regional Innovation Strategies (RIS) program, we called on members to contact the full committee and ask that the bill designate funding for RIS. Thanks to the quick action of SSTI members, the House Appropriations Committee passed the bill last week with level RIS funding of $17 million for FY 2018.

  • Read more about Thanks to SSTI member outreach, House committee votes to fund Regional Innovation Strategies in FY 2018

Senate Commerce Committee Votes to Increase Regional Innovation Authorization

Thursday, June 30, 2016

The Senate Commerce Committee approved Wednesday the American Innovation and Competitiveness Act (AICA), a reauthorization of the America COMPETES Act. SSTI thanks Sen. Jerry Moran (R-KS) for his leadership in successfully offering an amendment to increase the authorization level for the Regional Innovation (RI) program to $30 million, which provides support for local innovation, entrepreneurship and economic growth. SSTI also recognizes Sen. Roy Blunt (R-MO) and Sen.

  • Read more about Senate Commerce Committee Votes to Increase Regional Innovation Authorization

SSTI: New Survey Finds Bipartisan Support for Innovation Initiative Designed to Bolster U.S. Economy

Thursday, December 10, 2015

Overwhelming majorities of voters across the nation and in key swing states support a comprehensive initiative designed to parlay the United States’ strong research base into greater economic prosperity and a higher quality of life for all. These findings come from a new survey conducted for the Innovation Advocacy Council, an initiative of SSTI, by the bipartisan team of Greenberg Quinlan Rosner Research and TargetPoint Consulting.

  • Read more about SSTI: New Survey Finds Bipartisan Support for Innovation Initiative Designed to Bolster U.S. Economy

Regional Innovation Included in FY15 Bill; 254 Applications Received for FY14 Competition

Thursday, December 11, 2014

Included in the continuing resolution/omnibus spending bill for FY15 is $10 million for the Regional Innovation program. The Regional Innovation Program was authorized under the American COMPETES Act and is designed to provide funding to support regional innovation activities. The program received its first funding of $10 million in FY14 after extensive work on the Hill by SSTI, its members and others.

  • Read more about Regional Innovation Included in FY15 Bill; 254 Applications Received for FY14 Competition

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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
venture dev orgs

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
commercialization
TBED

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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