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Displaying 1 - 25 of 72
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Advanced manufacturing projects in 25 states share $140 million from DOE

Thursday, February 20, 2020

The Advanced Manufacturing Program within the U.S. Department of Energy’s Office of Energy Efficiency & Renewable Energy awarded nearly $140 million to companies and universities in 25 states and the District of Columbia to support 55 advanced manufacturing research projects. Recipients are contributing an additional $47.8 million toward project costs. Projects received an average of $2.5 million, but range from $400,000 to $12 million. The accompanying map presents the distribution of awards across the country and brief details on each recipient.

  • Read more about Advanced manufacturing projects in 25 states share $140 million from DOE

Missouri governor uses CARES funds to support incubator facilities

Thursday, August 6, 2020

Missouri Gov. Mike Parson last week announced that $1 million of the state’s CARES Act funding will be used to create a grant for nonprofit and university-based coworker and incubator facilities. The grant will be administered by the Missouri Technology Corporation (MTC). Organizations will be reimbursed with grant funds for expenses related to updating the facilities to encourage social distancing, adopting enhanced sanitation protocols or acquiring PPE to comply with the guidelines of the public health emergency.

  • Read more about Missouri governor uses CARES funds to support incubator facilities

FCC moves ahead with $20 billion rural broadband funding plan

Thursday, February 6, 2020

The Federal Communications Commission (FCC) announced last week that it has approved the Rural Digital Opportunity Fund which will provide $20.4 billion over two phases to help expand broadband networks throughout rural communities. Phase one will provide $16 billion for use in communities that are currently unserved by broadband services with minimal download speeds of 25 megabits per second (Mbps) and 3 Mbps upload speeds.

  • Read more about FCC moves ahead with $20 billion rural broadband funding plan

Virginia tech talent initiative fueled by Amazon need

Thursday, November 14, 2019

Students and tech employers stand to benefit from a new initiative in Virginia that grew out of the Commonwealth’s proposal to Amazon, which is building its second headquarters in Northern Virginia. Last week, Gov. Ralph Northam announced that Virginia will invest in their tech talent pipeline to produce 31,000 new computer science graduates over 20 years.

  • Read more about Virginia tech talent initiative fueled by Amazon need

NIH activates new funding vehicle for COVID-19 R&D, other measures seek more information

Thursday, March 12, 2020

For the first time and in response to the COVID-19 outbreak, the National Institute of Allergy and Infectious Diseases (NIAID) together with the National Institute of General Medical Sciences (NIGMS) has activated the NIH Urgent Award mechanism. The targeted opportunity is intended to provide funds for NIH grantees applying to expand the scope of their active grant.

  • Read more about NIH activates new funding vehicle for COVID-19 R&D, other measures seek more information

SSTI partners with NSF to bring you latest in funding, entrepreneurial support

Thursday, August 15, 2019

We are excited to be partnering with NSF during SSTI’s Annual Conference, Sept.9 through 11 in Providence, Rhode Island, to bring you the latest information and ideas on SBIR/STTR and university/industry partnerships.

  • Read more about SSTI partners with NSF to bring you latest in funding, entrepreneurial support

State funding for higher ed only half recovered

Thursday, April 18, 2019

State funding for higher education has only halfway recovered in the 10 years since the Great Recession, according to a recent State Higher Education Finance (SHEF) report. The report also found that while higher education funding is stabilizing, the shift to greater reliance on tuition as a revenue source has leveled off, but remains higher than since before the Great Recession.

  • Read more about State funding for higher ed only half recovered

Decreased state funding for higher ed resulting in higher costs for students, increased inequality

Thursday, October 31, 2019

Rising tuition and worsened racial and class inequality are two of the effects of decreasing state support for higher education, according to a recent report from the Center on Budget and Policy Priorities.  In it the authors detail how overall state funding for public two- and four-year colleges has not fully recovered in most states following the recession, leaving higher costs and reduced services in many cases.

  • Read more about Decreased state funding for higher ed resulting in higher costs for students, increased inequality

Declining innovation funding threatens future economy

Thursday, October 24, 2019

Two recent reports highlight the importance of funding innovation in the U.S., and give a glimpse into the perils of ignoring it. The reports, from The Aspen Institute and Information Technology & Innovation Foundation (ITIF), independently corroborate the role of the public sector in ensuring a more prosperous future through innovation.

  • Read more about Declining innovation funding threatens future economy

SBA announces 60 accelerators competition winners

Thursday, September 26, 2019

SBA’s 2019 Growth Accelerators Fund Competition winners were announced yesterday, awarding $50,000 to each of 60 organizations across the country. Special congratulations to the SSTI members, including BioSTL (BioGenerator), TechTown Detroit, Startup Junkie Foundation (Fuel), Invest Nebraska, Launch Tennessee, Innovation Works, Arrowhead Center (Sprints), and University of Illinois (EnterpriseWorks).

  • Read more about SBA announces 60 accelerators competition winners

NSF launches Regional Innovation Engines program developed to stimulate regional economic growth and innovation

Thursday, May 5, 2022

To expand the innovation capacity in the nation, the United States needs to leverage resources, creativity, and ingenuity from across all geographic regions. The National Science Foundation this week announced a new program in support of these efforts: the NSF Regional Innovation Engines, or NSF Engines program.

  • Read more about NSF launches Regional Innovation Engines program developed to stimulate regional economic growth and innovation

Workforce, industry clusters listed as top priorities under EDA’s Statewide Planning Grants

Thursday, November 18, 2021

As the Economic Development Administration (EDA) continues to award its $3 billion allotment of pandemic relief funding made available by the American Rescue Plan Act of 2021 (ARPA), many states are taking aim at several specific areas of economic concern — while others are maintaining a broad perspective.

As the Economic Development Administration (EDA) continues to award its $3 billion allotment of pandemic relief funding made available by the American Rescue Plan Act of 2021 (ARPA), many states are taking aim at several specific areas of economic concern — while others are maintaining a broad perspective. Under the Statewide Planning, Research & Networks program (“planning grants”), EDA provides $1 million grants to states to use in forming coordinated state-wide plans for economic development as well as developing the data, tools, and capacity to evaluate and scale evidence-based economic development efforts. SSTI’s analysis of the funded projects’ brief descriptions shows that states were split between those focusing on broadly-scoped planning projects and those focusing on a few specific areas of interest.

  • Read more about Workforce, industry clusters listed as top priorities under EDA’s Statewide Planning Grants

Congress begins work on $3.5 trillion human infrastructure, includes $45 billion for House science to allocate

Thursday, August 12, 2021

Early on Wednesday, the Senate passed a budget resolution that will serve as the framework for a human infrastructure bill. The current proposal is for $3.5 trillion in spending. This legislation, should it pass, seems likely to include substantial funding for regional innovation. More specifically, the Senate’s plans indicate that funding would support Regional Technology Hubs and other components of the US Innovation and Competition Act (USICA). 

  • Read more about Congress begins work on $3.5 trillion human infrastructure, includes $45 billion for House science to allocate

Wide range of focus areas submitted to EDA’s $1 billion Build Back Better Regional Challenge

Wednesday, November 3, 2021

The Economic Development Administration (EDA) recently announced it received more than 500 applications to its Build Back Better Regional Challenge (BBBRC. Applicants are competing for 50 to 60 Phase 1 awards of $500,000 each to support the planning of “bottom-up, middle-out” economic development projects designed to advance and accelerate an equitable economic recovery, create good-paying jobs, and build resilient regions across the country.

The Economic Development Administration (EDA) recently announced it received more than 500 applications to its Build Back Better Regional Challenge (BBBRC. Applicants are competing for 50 to 60 Phase 1 awards of $500,000 each to support the planning of “bottom-up, middle-out” economic development projects designed to advance and accelerate an equitable economic recovery, create good-paying jobs, and build resilient regions across the country. Winners of the Phase 1 awards will go on to develop a full proposal for Phase 2, and in March between 20 and 30 of the projects will receive up to $100 million each to implement their projects.

  • Read more about Wide range of focus areas submitted to EDA’s $1 billion Build Back Better Regional Challenge

EDA makes initial Build Back Better Regional Challenge awards

Thursday, December 16, 2021

Earlier this week, the U.S. Economic Development Administration (EDA) announced the phase I winners of the Build Back Better Regional Challenge. Each of the 60 awardees receive $500,000 to support their region and cluster — and begin the process of competing for one of the 20-30 phase II awards that can be up to $100 million each.

  • Read more about EDA makes initial Build Back Better Regional Challenge awards

USDA announces $1.4 billion in awards for rural development

Thursday, February 10, 2022

The United States Department of Agriculture (USDA) recently announced a $1.4 billion investment into rural areas of the U.S. for job training, business development, and technical assistance. These investments are granted through eight different programs to 751 awardees across 49 states, the U.S. Virgin Islands, and Puerto Rico. USDA estimates that the grants and loans provided by these awards will create or save at least 50,000 jobs in the rural United States.

The breakdown of the dollars invested and number of awards by program is as follows:

  • Read more about USDA announces $1.4 billion in awards for rural development

EDA’s Good Jobs Challenge nets 509 proposals for $500 million initiative

Thursday, June 23, 2022

Manufacturing, healthcare services, information technology, building and construction, and transportation, distribution and logistics are the top five industries by number of applications submitted to the U.S. Economic Development Administration’s Good Jobs Challenge, according to EDA.

  • Read more about EDA’s Good Jobs Challenge nets 509 proposals for $500 million initiative

EDA announces 32 winners of $500 million Good Jobs Challenge

Wednesday, August 3, 2022

Thirty two industry-led workforce training partnerships from across the country were announced as the grant winners of the $500 million Good Jobs Challenge by the U.S. Economic Development Administration.

  • Read more about EDA announces 32 winners of $500 million Good Jobs Challenge

NSF solicits proposals for $20M program to broaden participation in innovation ecosystems

Thursday, December 15, 2022

Recognizing that innovation ecosystems require broad networks of partners working together and knowing that many institutions of higher education (IHEs) lack the research capacity to be able to participate in external partnerships, the NSF Directorate for Technology, Innovation and Partnerships invites proposals from Minority-Serving Institutions (MSIs), Predominantly Undergraduate Institutions (PUIs), and two-year institutions with limited or no research capacity to apply for the support necessary to become equitable partners with teams competing under the current and subsequent NSF Engine

  • Read more about NSF solicits proposals for $20M program to broaden participation in innovation ecosystems

Commerce releases info on plans for CHIPS funding

Thursday, September 8, 2022

The recently-passed CHIPS and Science Act included $54.2 billion in appropriations, largely for semiconductor manufacturing incentives ($39 billion) and R&D ($11 billion). The administration is releasing information about its planned distribution of funds. Recent resources include: a strategic plan from the U.S.

  • Read more about Commerce releases info on plans for CHIPS funding

21 Build Back Better Regional Challenge winners announced

Thursday, September 8, 2022

In what is being heralded as one of the most impactful regional economic development initiatives in decades, 21 coalition winners — including three SSTI members as coalition leads — of the $1 billion Build Back Better Regional Challenge have been announced. Each of the awardees will receive between $25 million and $65 million to fund 123 projects designed to advance economies across 24 states.

  • Read more about 21 Build Back Better Regional Challenge winners announced

Efforts underway in the states to capitalize on CHIPS funding

Thursday, September 8, 2022

With President Biden’s signing the CHIPS and Science Act on Aug. 9, states and universities are already making plans to build on the funding opportunities present in the legislation.

  • Read more about Efforts underway in the states to capitalize on CHIPS funding

Study indicates racial bias in NSF grant funding

Thursday, August 25, 2022

A group of seven researchers analyzed upwards of one million National Science Foundation (NSF) proposals over a 23-year period (1996-2019) and found patterns of racialized disparities where white principal investigators (PIs) were consistently funded at higher rates (8+ percent) than most non-white PIs.

  • Read more about Study indicates racial bias in NSF grant funding

Pennsylvania governor awards $246 million for small businesses through SSBCI

Thursday, September 15, 2022

Gov. Tom Wolf awarded $246.8 million to Pennsylvania local economic development partners through the State Small Business Credit Initiative (SSBCI) this week. The money is expected to help small, socially and economically disadvantaged businesses grow. The Pennsylvania Department of community and Economic Development (DCED) will distribute the funds to partners who will administer the funding to qualifying businesses.

  • Read more about Pennsylvania governor awards $246 million for small businesses through SSBCI

Gender and racial makeup of startup's founding team impacts funding

Thursday, September 22, 2022

A recent report by DocSend Inc., a subsidiary of DropBox, surveyed over 300 pre-seed startups, finding that on average, in terms of gender alone, mixed teams raise the most funds, while all-male teams raise the least. In terms of both gender and race, on average, mixed gendered teams with minority members raise the most funds while all-male teams with no minority members raise the least.

  • Read more about Gender and racial makeup of startup's founding team impacts funding

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