Funding Feedback Needed at NIST
The National Institute of Standards and Technology (NIST) is requesting feedback on a 2017 funding opportunity that will allow the Hollings Manufacturing Extension Partnership (MEP) Centers and their partners to add capabilities to the MEP program, including projects to solve new or emerging manufacturing problems. Small and medium-sized U.S. manufacturers are encouraged to send information about their needs in four areas: critical manufacturing technologies; supply chain; potential business services, including information services; and other technologies or services that would enhance global competition. NIST also requests recommendations for other critical issues that it should consider in strategic planning for future investments. More information can be found here. Responses will be accepted through Jan. 13, 2017.
COMPETES Act Reauthorized without Funding
Last week, Congress passed the American Innovation and Competitiveness Act (S. 3084), which reauthorizes the America COMPETES Act. The Act does not include any funding levels for any of the programs or agencies reauthorized in the bill but does reinforce Congress’s support for research and makes adjustments to some programs. One crucial component of the bill adjusts the cost share requirement for NIST’s Hollings Manufacturing Extension Partnership to 1:1 throughout the new authorization period.
$70 Million Awarded to New Biopharmaceuticals Institute
The National Institute for Innovation in Manufacturing Biopharmaceuticals (NIIMBL) becomes the eleventh institute in the Manufacturing USA network, U.S. Secretary of Commerce Penny Pritzker announced last week. The $70 million award marks the first institute with a focus area proposed by industry and the first funded by the U.S. Department of Commerce (DOC).
Top Stories from 2016 and a Preview of 2017
This week, we take a look at the top SSTI Weekly Digest stories from 2016 and give you an idea of what to look for in the coming months.
Federally Supported Partnerships Focus on Mapping Vital Skills for Manufacturing, Other Industries
Over the last several months, there has been a flurry of activity in government-supported efforts focused on addressing the skills gap faced by manufacturing firms and other key S&T industries. The intent of these programs is to develop industry-led partnership that align workforce development efforts with the needs of specific local industries to unlock a region’s economic prosperity. In July, two new initiatives were announced that may help provide a data-driven guide for these efforts in the future.
PWC MoneyTree: VC Industry Hits 10th Consecutive Quarter of $10B+ Invested in Q2 2016
For the 10th consecutive quarter, the venture capital (VC) industry invested $10 billion in a single quarter after investing $15.3 billion in Q2 2016, according to the MoneyTree™ Report from PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA).
Recent Research: The Effectiveness of R&D Tax Credits
When the U.S. government made their R&D tax credit permanent in December 2015, it made a long-term commitment to using incentives to entice private firms to invest in research and development, joining many countries around the world. Although most studies find that R&D tax incentives promote R&D, there is little consensus on the extent of this effect. A recent firm-level analysis from the United Kingdom finds some of the strongest evidence to date on the effectiveness of R&D tax credits in incentivizing innovation. At the same time, however, other studies suggest other elements of a national economy such as education and infrastructure may be more important.
New Delta Regional Authority Initiative Targets Student Entrepreneurs at HBCUs
In an effort to advance entrepreneurship among their student bodies and grow their regional entrepreneurship ecosystems, six historically black colleges and universities (HBCUs) will receive up to $24,000 in support services as part of a new program from the Delta Regional Authority. Funds from the HBCU Entrepreneurial Ecosystem Initiative will primarily be used for universities to work with partners to identify entrepreneurial resources within the regional system, categorize strengths and weaknesses, and to strategically build around opportunities. Additionally, the selected schools will each host a two-day technical assistance and rapid acceleration workshop that seeks to teach student entrepreneurs about the types of skills and resources needed to launch and scale businesses. Student entrepreneurs will then pitch their ideas for a chance to be selected to present at Founders Weekend, where finalists will receive mentorship with successful minority entrepreneurs, business model development, and other services.
White House: Student Loan-Debt Helps U.S. Economy
A new report from the White House Council of Economic Advisers provides a broad overview of student loan-debt in the United States and yields some potentially surprising conclusions: while the $1.3 trillion in total student-loan debt in the U.S. may seem like a staggering amount, the authors of Investing in Higher Education: Benefits, Challenges, and the State of Student Loan Debt contend that this is helping, not hurting the nation’s economy. The authors posit that college is best viewed as an investment that typically yields a high return, even with the high upfront costs.
Recent Research: The Role of Gender in Higher Ed STEM Retention, Ideas to Address Gap
Sixty percent of students drop out or transfer from science, technology, engineering and math (STEM) fields, and more than 50 percent of students pursuing STEM in community colleges never graduate, according to new research from researchers at the University of Missouri (UM) and other partner institutions.
Depending on Definitions, Canada’s Tech Sector Bigger Than Anticipated
A recently released report finds evidence that Canada’s tech sector – when properly defined – plays an important role in the nation’s economy. In The State of Canada’s Tech Sector, authors Creig Lamb and Matthew Seddon develop a definition of the tech sector based on those industries employing an oversized share of technology occupations. Ultimately, they suggest that the sector is responsible for $117 billion (88.9 billion USD) in economic output, roughly on par with finance and insurance and construction as a percent of total GDP (7.1 percent).
DOD Announces Intent to Fund New $80M Robotics-Focused MII
The Department of Defense’s Army Contracting Command released a new federal funding opportunity (FFO) to establish and sustain a Robots in Manufacturing Environments Manufacturing Innovation Institute (RIME-MII) to increase U.S. competitiveness in robotics applied primarily in manufacturing environments. The intent of the new $80 million RIME-MII is to:
EU Announces $256M Innovation Institute to Help Greece Create Jobs, End Recession
The European Union (EU) will commit €240 million (approximately 265 million USD) to create a nonprofit Research and Innovation Institute in Greece that will fund research and innovation to support the country’s efforts to pull it out of prolonged recession and create new high-paying jobs, according to the University World News.
OSTP, NEC Release Call to Action for Upcoming National Manufacturing Day
The White House Office of Science and Technology Policy (OSTP) and the National Economic Council (NEC) published a call to action concerning the upcoming National Manufacturing Day (October 7, 2016) &n
Massachusetts Makes $1B Investment in Community Development, Workforce Training, Innovation
Midwest States Launch Public-Private R&D Centers in Key Manufacturing Industries
Over the last few weeks, Indiana and Michigan have announced the launch of manufacturing-focused innovation centers to help transform manufacturing sectors that are long-standing drivers of economic prosperity in their respective state into 21st century global hubs for manufacturing innovation. In partnership with key local industry partners, these centers are intended to help spur job creation while reimaging the role of manufacturing in their state through innovation.
Tech Employment, Rebounding Automotive Sector Drive Advanced Industry Growth
Despite global headwinds, advanced industries expanded in the United States from 2013 to 2015, according to a recent report from the Metropolitan Policy Program at the Brookings Institution. Nearly two-thirds of this growth came from only seven sectors, led by tech services and automobile manufacturing, according to the report. Tennessee, Georgia, and Michigan saw advanced industry employment rise the most from 2013 to 2015.
Useful Stats: Business R&D Performance, by State (2010-2013)
U.S. companies continue to emphasize innovation, as private performance of R&D increased for the fourth consecutive year, according to recently released data from the National Science Foundation. In total, U.S. businesses performed 6.7 percent more R&D in 2013 than in 2012, according to the data, and nearly 19 percent more R&D from 2010 to 2013. Combined, the top 10 states performed approximately two-thirds (65.3 percent) of all private research and development in the United States, led by California, whose $89.4 billion in corporate R&D performance accounted for 27.7 percent of the national total.
Useful Stats: Business R&D Intensity by State
National business R&D intensity, as measured by business R&D expenditures as a share of gross product, increased by 6.6 percent from 2010 to 2013, according to SSTI’s analysis of recently released National Science Foundation (NSF) data. In total, business R&D intensity was nearly 1.9 percent in 2013, up from less than 1.8 percent in 2010. The states where business R&D expenditures were the largest share of gross state product were California, Massachusetts, and Delaware, while business R&D intensity grew the most from 2010 to 2013 in Washington, D.C., Maine, and Kentucky.
Is 'Venture Equity' the Next Capital Gap Solution?
Startup failure is the rule, not the exception. However, much startup ”failure” includes businesses that made a workable product and grew — just not fast enough to attract venture capital. A hybrid venture capital-private equity approach is trying to identify these slower-growing businesses as part of an investment model that may provide an exit strategy for spurned startups throughout the country.
Study: Science Literacy Needs Definition, Does Not Affect Attitudes
A recent National Institutes of Health-funded study by the National Academy of Sciences identifies how “science literacy” has been defined in research and the role this construct plays in attitudes about scientific research and funding. The 138-page report finds that science literacy has been measured many different ways but that the concept does not seem to directly affect attitudes toward science generally or in specific subjects.
SBA Releases Final Rules on Small Business Mentor-Protégé Program
FTA Holds Open Dialogue on Five-Year, R&D Strategic Plan
To help the Federal Transit Administration (FTA) prepares its next five-year research strategic plan, FTA invites stakeholders from across the country to participate in the crafting of the plan by providing ideas and other comments to establish a framework to guide how the federal entity prioritizes and invests in research activities over the next several years.
FCC Overstepped Authority by Regulating Municipal Broadband Projects, Court Rules
The Court of Appeals for the Sixth Circuit ruled against the Federal Communications Commission’s (FCC) plan that would allow municipalities to build their own broadband network – superseding state laws in Tennessee and North Carolina that explicitly prohibit such projects. The FCC claimed that the Telecommunications Act of 1996 granted it implicit power to preempt state laws that are intended to support open markets for private-sector utility companies.
EDA Announces Grants to Spur Manufacturing Growth, Address Declining Coal Industry
Since the beginning of July, the Economic Development Administration (EDA) has announced almost $7.3 million in grants to support advanced manufacturing and support workforce development efforts in communities impacted by the decline coal industry. In Florida and Washington, the EDA announced funding to support the facilities that can house local manufacturing firms and provide the space and equipment necessary for them to create jobs.