Amazon commits $53M to women-led, climate tech firms, incubators
Amazon is allocating $50 million from its Climate Pledge Fund — Amazon’s venture capital program that invests in companies pioneering decarbonizing technologies and solutions — to invest in women-founded and women-led climate tech companies, as well as incubators and accelerators that prioritize women-led entities.
Would an increase in the quantity of NIH SBIR awards impact their overall quality?
In a recent study titled Does NIH select the right healthcare ventures through the SBIR grant program?, researchers from Rutgers University and the University of Connecticut took advantage of the 2009 American Recovery and Reinvestment Act (ARRA) to conduct a natural experiment.
In a recent study titled Does NIH select the right healthcare ventures through the SBIR grant program?, researchers from Rutgers University and the University of Connecticut took advantage of the 2009 American Recovery and Reinvestment Act (ARRA) to conduct a natural experiment. The opportunity was available due to the National Institutes of Health (NIH) decision to use ARRA dollars to fund additional Phase I SBIR awards from general SBIR competitions, and the researchers compared these 19 ARRA-funded awards to the other 479 Phase I awards that were first funded in the same competitions with regular appropriations.
NSF’s Regional Innovation Engines program releases info on all concept outlines, sets Type-2 award deadlines
The National Science Foundation (NSF) is breaking with tradition this week and for the first time released application data before it formally accepts applications for the NSF Engines program, which will provide up to $160 million of funding for up to 10+ years to establish each regional-scale innovation ecosystem Engine.
Inaugural Open-Source Ecosystems awards announced on eve of next competition deadline
On the closing days of the previous federal fiscal year and with an Oct. 21 deadline looming for new proposals, the National Science Foundation announced the first 24 awards for a new program to support “Pathways to Enable Open-Source Ecosystems” (OSE). NSF’s goal is to exploit the advantages of using open-source development to find technological solutions to problems of national and societal importance.
11 additional states approved for federal funding through SSBCI
The U.S. Department of the Treasury announced 11 additional states whose SSBCI plans have been approved: Alaska, Idaho, Iowa, Massachusetts, Minnesota, Missouri, Nebraska, Nevada, New Mexico, Ohio, and Utah.
DOD awards $30M to six Defense Manufacturing Communities
The U.S. Department of Defense’s Office of Local Defense Community Cooperation (OLDCC) recently announced the six winners under the Defense Manufacturing Community Support Program (DMCSP), with funding of approximately $30 million.
SBA announces 44 FAST awardees
The U.S. Small Business Administration (SBA) recently announced 44 FAST awards, including 12 new awards, totaling over $5.4 million, with each up to $125,000 for specialized training, mentoring, and technical assistance for research and development.
DOE awards over $65M to commercialize promising energy technologies
The U.S. Department of Energy (DOE) has announced over $30 million in federal funding, matched by over $35 million in private sector funds, for 68 projects that will accelerate the commercialization of promising energy technologies. The awards are expected to help transfer solutions from the National Labs to the marketplace and work toward the president’s goal of net-zero carbon emissions by 2050.
Some universities canceling student debt
In an unexpected turn of events, some college students around the country have been logging into their accounts to check on account balances and finding them canceled. Many institutions of higher education across the country have been taking advantage of federal assistance provided through the CARES Act Higher Education Emergency Relief funds (HEERF) to cancel student debt. HEERF I, II and III represent three programs that Congress appropriated to higher education to help prevent, prepare for, and respond to coronavirus, including emergency financial grants to students.
$60M investment from DOE to increase energy efficiency in manufacturing goes to 32 Industrial Assessment Centers
The U.S. Department of Energy (DOE) announced $60 million in funding for its largest-ever cohort of university-based Industrial Assessment Centers (IACs) to assist small- and medium-sized manufacturers in reducing their carbon emissions and lowering energy costs.
NSF establishes new I-Corps Hubs to advance National Innovation Network
NSF announced five new multi-institution I-Corps Hubs to deliver entrepreneurship training to academic researchers and scale the National Innovation Network. Each hub is funded at $3 million per year for five years and comprises a regional alliance of at least eight universities. The hubs are intended to offer a more integrated approach than the previous I-Corps Nodes and I-Corps Sites, which were funded separately. The new model will provide increase funding and enable scaling I-Corps across the country.
Defense awards $25 million to manufacturing communities
The Office of Local Defense Community Cooperation revealed the awardees from its second round of the Defense Manufacturing Community Support Program this week. The office awarded $5 million to each of five organizations to lead partnerships that will strengthen defense manufacturing and related supply chains. The five awards are listed below and available on the office’s website:
$5.4M in prizes to support inclusive entrepreneurship announced by SBA
The Small Business Administration (SBA) has announced a combined total of $5.4 million in awards to innovation-focused entrepreneur support organizations with programs to support entrepreneurs researching and developing STEM-related innovations. The 2021 competition included two prize tracks with 84 winners for the Growth Accelerator Fund Competition (GAFC) and eight winners for the new SBIR Catalyst competition, which aims to spur investment in underrepresented communities within the innovation economy.
SSTI outlines ideas for planning, design of EDA Tech Hubs
Expanding U.S. innovation capacity sits at the heart of SSTI’s mission, and it was that driving force that guided our response to the Economic Development Administration’s request for information to inform the planning and design of the regional Technology and Innovation Hub (Tech Hubs) program last week. With $10 billion authorized for the program, and $500 million appropriated, the opportunity for growth in the nation demands a thoughtful and actionable plan.
NSF announces new $60 million program for academic institutions to scale the translation of research
The U.S. National Science Foundation announced a new $60 million investment led by NSF's Directorate for Technology, Innovation and Partnerships — the Accelerating Research Translation, or ART, program. The program will build capacity and infrastructure at higher education institutions that are needed to strengthen and scale the translation of basic research outcomes into impactful solutions and practice.
Treasury approves $635.6 million in SSBCI funding for Texas and Washington
The U.S. Department of Treasury has announced approval of $635.6 million in State Small Business Credit Initiative (SSBCI) funding for Texas and Washington. The addition of these two states means 48 states and three territories have had their SSBCI programs approved.
Texas
New resource: SSTI releases first video on federal funding sources
Have you ever wondered whether there is a federal program that supports tech-based economic development (TBED) strategies and initiatives--even if it doesn’t explicitly state that science, technology, innovation, or entrepreneurship are priority uses of funds? Actually, a wide variety of federal programs can support these programs. To help organizations identify sources of funding that could be useful, SSTI interviewed representatives from the Economic Development Administration (EDA) to understand better how they can use specific funding opportunities to support TBED activities.
Have you ever wondered whether there is a federal program that supports tech-based economic development (TBED) strategies and initiatives--even if it doesn’t explicitly state that science, technology, innovation, or entrepreneurship are priority uses of funds? Actually, a wide variety of federal programs can support these programs. To help organizations identify sources of funding that could be useful, SSTI interviewed representatives from the Economic Development Administration (EDA) to understand better how they can use specific funding opportunities to support TBED activities.
EPA announces parameters for $27 billion clean energy investment grant competition
The U.S. Environmental Protection Agency (EPA) has announced initial guidance on the design of the Greenhouse Gas Reduction Fund (GGRF) program, created under the Inflation Reduction Act. EPA published two Federal Assistance Listings outlining key parameters of the grant competitions that will ultimately award nearly $27 billion to leverage private capital for clean energy and clean air investments across the country.
Pennsylvania economy gets big boost from Ben Franklin Technology Partners
Despite being hit with a recession brought on by the COVID-19 pandemic, the latest 5-year impact report from Ben Franklin Technology Partners (BFTP) shows even higher growth than the previous five years.
Useful Stats: Higher Education R&D expenditures distributed unevenly across metro areas
The growth and intensity of higher education R&D (HERD) expenditures varies considerably across metropolitan areas, a recent SSTI analysis of National Science Foundation data finds. New York ($4.3 billion), Boston ($3.2 billion), and Baltimore ($2.9 billion) had the highest overall levels of HERD expenditures in 2016. In that same year, Ithaca, New York (19.1 percent), State College, Pennsylvania (9.5 percent), and College Station, Texas (9.4 percent) had the highest levels of HERD intensity – measured as the share of HERD expenditures to gross metropolitan product.
The growth and intensity of higher education R&D (HERD) expenditures varies considerably across metropolitan areas, a recent SSTI analysis of National Science Foundation data finds. New York ($4.3 billion), Boston ($3.2 billion), and Baltimore ($2.9 billion) had the highest overall levels of HERD expenditures in 2016. In that same year, Ithaca, New York (19.1 percent), State College, Pennsylvania (9.5 percent), and College Station, Texas (9.4 percent) had the highest levels of HERD intensity – measured as the share of HERD expenditures to gross metropolitan product. While overall HERD expenditures increased by nearly $7.5 billion nationwide from 2011 to 2016, more than half of this total (50.6 percent) went to the 10 metro areas with the most HERD expenditures in 2016.
$5.5B for R&D in CA among critical state ballot initiatives
With the general election less than one month away, SSTI has reviewed the 120 state ballot initiatives throughout the country for innovation-related issues. Education, gig workers, redistricting and issues surrounding elections and state budgets are scattered across the country and can affect the future of innovation through funding, talent and political will. Read below for coverage on the initiatives that could have an impact on different segments of the economy and the future of innovation.
EDA awards $35 million for 52 Build-to-Scale projects
This week, the U.S. Economic Development Administration (EDA) announced the 2020 Build-to-Scale awards. In this round, nearly $35 million was awarded to 52 organizations to support regional strategies advancing entrepreneurship and innovation. Through the end of 2019, funded organizations had worked with more than 6,200 startups, facilitating $1.6 billion in investment and the launch of more than 9,000 products, according to EDA.
Inclusive innovation ecosystem prize competition launched
The Lab-to-Market (L2M) subcommittee of the National Science and Technology Council’s Committee on the Science and Technology Enterprise is launching a $325,000 prize competition to highlight successful examples of innovation ecosystems, particularly existing resources that support underserved communities or remarkable responses to the pandemic environment. There are three categories for applicants with an informational webinar
Data indicates decreased funding for higher ed points to worsening outcomes for students
In addition to decreasing enrollment numbers at both two- and four-year institutions of higher education, detailed in an earlier SSTI Digest story, higher ed is facing other threats from looming state budget cuts.
In addition to decreasing enrollment numbers at both two- and four-year institutions of higher education, detailed in an earlier SSTI Digest story, higher ed is facing other threats from looming state budget cuts. While enrollment numbers are still in flux, many universities are already making drastic budget reductions, and that pain will ultimately land on students, which could impact educational attainment and student debt for years.