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SBIR Award Programs Wrestle with Minority Outreach

Thursday, December 3, 2015

Funded through a small tax on extramural research budgets, Small Business Innovation Research (SBIR) awards are offered by 11 federal agencies with an overall goal of backing innovation by small businesses. With a typical maximum of $150,000 for phase I awards and $1 million for phase II awards, SBIR programs have had varying degrees of success – especially when factoring in their explicit mandate to enhance opportunities for women and minorities.

  • Read more about SBIR Award Programs Wrestle with Minority Outreach

HUD Announces $10 Million Strong Cities, Strong Communities National Resource Network

Wednesday, December 5, 2012

The Department of Housing and Urban Development (HUD) intends to launch a $10 Million Strong Cities, Strong Communities National Resource Network (SC2 Network) — a pilot program to align federal resources and coordinate technical assistance programs to help distressed U.S. communities make more effective local investments. The focus of the SC2 Network will be to strengthen the foundation for economic growth and resiliency in these communities including local technical capacity, comprehensive planning and regional collaboration.

  • Read more about HUD Announces $10 Million Strong Cities, Strong Communities National Resource Network

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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.
regionalism
innovation

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.
tbed

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. 
investing
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