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Displaying 51 - 60 of 60
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Federal Continuing Resolution Would Keep Regional Innovation, R&D Funding Stable

Thursday, December 11, 2014

Earlier this week, congressional appropriators reached a tentative agreement on spending levels for the 2015 fiscal year just a few days before the Thursday deadline. The continuing resolution omnibus, “cromnibus,” spending package would, if approved by the House, Senate and president, avert a government shutdown and again defer budget negotiations until next September. Under the agreement, most agency budgets would remain at similar levels to those enacted for FY14.

  • Read more about Federal Continuing Resolution Would Keep Regional Innovation, R&D Funding Stable

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

Join More Than 60 Organizations in Supporting the Regional Innovation Program

Thursday, August 7, 2014

More than 60 organizations have signed on to an SSTI-initiated letter urging Congressional leaders to fund the Regional Innovation program at $20 million for FY2015. 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 FY2014, and the solicitation for that funding is expected to be issued any day. The Senate has approved $20 million for the program for FY2015, while the House did not provide any funding for the program.

  • Read more about Join More Than 60 Organizations in Supporting the Regional Innovation Program

Your Support for the Regional Innovation Program Needed

Thursday, July 17, 2014

As Congress continues negotiations over the FY15 federal budget, SSTI is hard at work trying to secure additional funding 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 Senate has approved $20 million for the program for FY2015, while the House did not provide any funding for the program. SSTI has prepared a support letter to Congressional leaders and is seeking organizations to sign on to the letter.

  • Read more about Your Support for the Regional Innovation Program Needed

Congress Appropriates $10M for Regional Innovation Program

Thursday, January 16, 2014

The FY14 Omnibus Appropriations bill, which the U.S. House of Representatives passed yesterday and the U.S. Senate is expected to pass on Friday, contains $10 million for the Regional Innovation program in the U.S. Department of Commerce’s budget. This is the first time the grant portion of the program was directly funded.  The program was authorized in the America COMPETES Act of 2010 and establishes the program “to encourage and support the development of regional innovation strategies, including regional innovation clusters and science and research parks.”

  • Read more about Congress Appropriates $10M for Regional Innovation Program

Congress Moves Forward to Address Immigration Reform in 2013

Wednesday, January 30, 2013

While Congress remains in deadlock over another looming budget crisis, there is bipartisan movement on national immigration reform. Last week, a bipartisan group of senators introduced the Immigration Innovation Act of 2013 that focuses on reforming immigration law for high-skilled workers and promoting U.S. global leadership in innovation.

  • Read more about Congress Moves Forward to Address Immigration Reform in 2013

Tech Lobby Presence Grows in D.C.

Wednesday, January 9, 2013

In 2012, the tech industry lobby substantially ramped up their efforts to influence the federal legislative agenda. In the coming year, they are poised to grow their influence in Washington as debates rage over the future of technology investment programs and regulatory policies.

  • Read more about Tech Lobby Presence Grows in D.C.

Senators Introduce Startup Act 2.0 to Accelerate New Business Development, Expansion

Wednesday, May 23, 2012

Sens. Moran (R-KS), Warner (D-VA), Rubio (R-FL), and Coons (D-DE) introduced legislation on Tuesday that would continue to spur the economy through the creation of new businesses. Senate Bill 3217, also known as Startup Act 2.0, expands on the initial Startup Act introduced by Sens. Moran and Warner in December, and builds on the success of the JOBS Act passed with bipartisan support in both houses and signed by President Obama earlier this year.

  • Read more about Senators Introduce Startup Act 2.0 to Accelerate New Business Development, Expansion

U.S. House and Senate Subcommittees Consider FY13 Funding for Commerce, NASA, NSF

Wednesday, April 18, 2012

This week, both the U.S. House and the Senate Appropriations Subcommittees on Commerce, Justice, Science and related agencies (CJS) approved FY13 funding legislation supporting several key TBED agencies.

  • Read more about U.S. House and Senate Subcommittees Consider FY13 Funding for Commerce, NASA, NSF

Senate Continues Debate Over SBIR Reauthorization

Wednesday, March 23, 2011

With the Senate in recess, debate over SBIR/STTR reauthorization has been temporarily put on hold for the week. The reauthorization act has landed at the center of a larger congressional debate over federal spending, due to the more than 80 amendments that have been submitted for consideration. Most of these amendments propose spending cuts unrelated to SBIR. The main text of the bill would extend the SBIR and STTR programs through 2019 and increase award levels for Phase I and Phase II awards.

  • Read more about Senate Continues Debate Over SBIR Reauthorization

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Recent news from the SSTI Digest

Universities as architects of regional innovation ecosystems

Wednesday, July 8, 2026
Ask most university leaders how their institution contributes to the regional economy and the answer is likely to include research expenditures, patents, startups, and jobs. Those measures remain important, but they overlook one of the university's most valuable contributions. In today’s economy, where innovation, talent, and technology shape how regions grow, universities are helping communities adapt, connect, and compete.
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TBED programs succeed by engaging with local communities

Wednesday, July 8, 2026
When a new TBED project comes to town, the TBED practitioners inside know the long-term benefits of technology-based economic development: they can see and understand their progress in building a strong economic foundation for their host region. But for community-based and workforce development organizations and K-12 education systems in the surrounding area, the TBED project might appear to be an opaque operation that operates independently of its neighbors.
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What to expect when you’re expecting (investment returns)

Wednesday, July 8, 2026
Following SSTI’s recent look at the timing and type of exits, we continue our look at investment activity to characterize returns on investments so that TBED investors can more accurately project and adjust program parameters to support long-term sustainability. Accurate data on venture capital investment returns and fund performance on private investment vehicles is not readily or consistently available. Anecdotal stories  and the occasional press release on a major transaction exist, but VC exits are often done quietly. As such, parties interested in understanding performance outcomes must rely on focused reports and other aggregate data. 
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