R&D Expenditures Top $200 Billion in 1997
Research and development expenditures in 1997 are expected to reach $205.7 billion, a 6.5 percent increase over 1996's $193.2 billion in spending. Since 1994, R&D spending has been increasing at a rate of more than 5 percent a year, according to a recent National Science Foundation Data Brief.
NSF Announces Funds for New Science and Technology Centers
The National Science Foundation's (NSF) Office of Science and Technology Infrastructure (OSTI) has announced that funds will be available for additional Science and Technology Centers (STC). NSF is currently soliciting proposals from qualified candidates for the Science and Technology Centers: Integrative Partnerships Program.
NSF Funds Three Earthquake Research Centers
The National Science Foundation (NSF) has selected three centers to conduct and coordinate earthquake engineering research for the nation. The contracts call for NSF to invest $2 million a year for five years in each of the three centers for a total of $30 million.
NSF Offering $26 million for Research Centers in FY 2003
To create new research centers in FY 2003, the National Science Foundation (NSF) is offering approximately $26 million through its Engineering Research Centers (ERC) Program.
At least two awards totaling up to $13 million each will be made. The awards, subject to 10 percent cost sharing, will be distributed as follows: $2.5 million (year 1), $3 million (year 2), $3.5 million (year 3), and $4 million (years 4 and 5).
People
Angela Kreps is the first president of the year-old Kansas Bioscience Organization.
Tech Talkin’ Govs: Part I
Now in its 14th year, SSTI's Tech Talkin' Govs series has returned as governors across the country formally convene the 2014 legislative sessions. The series highlights new and expanded TBED proposals from governors' State of the State, Budget and Inaugural addresses. The first edition includes excerpts from speeches delivered in Idaho, Kentucky, New York, Virginia, and West Virginia.
Crowdfunding Made a Splash in 2013, 2014 Could be Turning Point
Crowdfunding was poised to make a major splash on startup financing in 2013, aided by the passage of the 2012 JOBS Act, a projected explosion in the number of crowdfunding portals and the adoption of state crowdfunding exemptions. However, the crowdfunding industry did not have the anticipated gamechanging impact on startup financing.
Tech Talkin’ Govs: Part II
The second installment of SSTI’s Tech Talkin’ Govs series includes excerpts from speeches delivered in Alabama, Arizona, Georgia, Iowa, Kansas, Rhode Island, South Dakota, Vermont and Virginia.
Tech Talkin’ Govs 2023: Governors’ innovation vision from their annual addresses
After a busy election season that saw gubernatorial elections in 36 states, newly elected and re-elected governors delivered their annual State of the State addresses, kicking off new programs and reviewing the conditions of their states. SSTI reviews the speeches every year and covers news of new developments and initiatives the governors have highlighted as they relate to the innovation economy. New programs are laid out here in the governors own words as excerpts from their State of the State or budget addresses.
Recent announcements reveal “mega” trends in electric vehicle and battery manufacturing expansions
The recently approved Inflation Reduction Act with new incentives for electric vehicle ownership and energy efficiency is likely to continue a trend among states for the location of major economic development projects, a trend toward everything mega—megasites, megadeals, mega factories, and mega projects.
Tech Talkin’ Govs 2022: Innovation agendas from the governors’ State of the State addresses
The last of the governors have delivered their State of the State addresses. With 36 gubernatorial elections this fall, many governors appeared to be more conservative in their addresses this year, speaking more about past accomplishments rather than rolling out new programs. This week features comments from California, Louisiana, Nevada and Ohio’s governors as their addresses related to the innovation economy.
Tech Talkin’ Govs 2025: Innovation emphasized in governors’ State of the State addresses
With the start of the new year, most governors deliver State of the State addresses or Budget addresses laying out their priorities for the coming year. With revenues for many states relatively consistent with forecasters expectations, lawmakers, with a few exceptions, continue to maintain cautious or constrained views of their funding priorities and proposed initiatives. As a result, many governors in SSTI’s analysis of addresses delivered so far this season, are speaking more about previously implemented programs and their continued successes rather than rolling out many new programs.
Several states have recently proposed or implemented R&D state tax credits
As this week’s recent research article mentions, R&D tax credits work, so it isn’t surprising several states have either proposed, amended, or enacted research and development (R&D) tax credits for both the current fiscal (2025) and new (2026) fiscal year in efforts to encourage innovation and economic growth. Some specifically target life sciences or biotechnology sectors while others focus on attracting new or existing companies and startups or to further develop life sciences and/or biotech sectors and hubs.