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  • (-) weekly_digest (9228)
Displaying 7351 - 7375 of 9228
Authored on

SBA Announces $2M for Technology-Businesses Outreach, Assistance

Thursday, July 21, 2016

As part of the Federal and State Technology (FAST) Partnership Program, the U.S. Small Business Administration has awarded up to $200,000 to organizations in 21 states to provide outreach and technical assistance to science and technology-driven small businesses. With an emphasis on socially and economically disadvantaged firms, the FAST program provides funds to organizations helping businesses better prepare to compete for Small Business Innovation Research (SBIR) and the Small Business Technology Transfer (STTR) funding.

  • Read more about SBA Announces $2M for Technology-Businesses Outreach, Assistance

States Commit to Improve Economic Prosperity Through Increased Broadband Access

Thursday, July 21, 2016

A month after a federal court ruled that high-speed Internet service can be defined as a utility, four states have announced commitments to expand high quality, reliable broadband services to rural areas and other underrepresented groups. Two Midwest states, Wisconsin and Minnesota, will provide funding to help support projects that improve access to broadband and spur economic prosperity.

  • Read more about States Commit to Improve Economic Prosperity Through Increased Broadband Access

Importance of International STEM Student Attraction, Retention

Thursday, July 21, 2016

Attracting and retaining talented workers is a critical element in a technology-based economy.  In the U.S., a major source of this talent comes from international students, many of whom stay in the United States to work after graduation – especially in STEM industries. New research from economists at the University of California at Santa Barbara examines why international students may choose to study in the U.S., as well as what compels them to either remain in the country or go elsewhere after earning their degrees.

  • Read more about Importance of International STEM Student Attraction, Retention

‘Economic Development’ Most Mentioned Topic in Mayoral State of City Speeches

Thursday, July 21, 2016

A recently released analysis of mayoral State of the City addresses finds that economic development was the most frequently mentioned topic in such speeches for the third straight year. The National League of Cities’ (NLC) State of the Cities 2016 report reviews speeches from 100 mayors across the United States and in cities with populations ranging from 50,000 to more than 300,000. Economic development was mentioned in 75 percent of mayoral speeches, making it the biggest issue on mayors’ agenda – ahead of public safety (70 percent) and city budgeting (52 percent) – according to a NLC press release.

  • Read more about ‘Economic Development’ Most Mentioned Topic in Mayoral State of City Speeches

Indices Examine Conditions, Top Places for High-Potential Female Entrepreneurship

Thursday, July 21, 2016

Two recently released indices assess countries and cities on the characteristics that enable female entrepreneurship. The 2015 Female Entrepreneurship Index finds the U.S., Australia, the U.K., Denmark and the Netherlands offer the world’s most attractive environments for high-potential female entrepreneurship. Meanwhile, the Dell Women Entrepreneur Cities Index ranks New York City, California’s Bay Area, London, Stockholm and Singapore as the top cities for female entrepreneurship.

  • Read more about Indices Examine Conditions, Top Places for High-Potential Female Entrepreneurship

Committees pass defense authorization bills affecting small business policy

Thursday, July 13, 2017

The U.S. House and Senate Armed Services Committees recently passed their versions of the FY 2018 National Defense Authorization Act (NDAA). The legislation includes provisions for federal labs, SBIR and SBA technical assistance programs. These portions of the bills are currently very different between the chambers, and, if passed in their current forms, the final bill could address a wide range of policies affecting small business and innovation.

  • Read more about Committees pass defense authorization bills affecting small business policy

Administration delays International Entrepreneur Rule, plans to rescind

Thursday, July 13, 2017

One week before implementation, the Department of Homeland Security (DHS) announced that the International Entrepreneur Rule would be delayed until March 2018 and that a new proposal to rescind the rule will be made. The rule would have provided immigrants who have founded a high-potential startup with equity investment to remain in the country up to five years to scale the company.

  • Read more about Administration delays International Entrepreneur Rule, plans to rescind

Entrepreneurs invited to pitch clean energy ideas

Thursday, July 13, 2017

Startup innovators from around the country have the opportunity to exhibit their ideas and win $10,000 during the Catalysts of the Climate Economy national innovation summit in Burlington, Vermont, Sept. 6-8. Innovators in the climate economy are encouraged to enter a contest that will result in five competitors pitching their ideas to a panel of judges, with the winning idea garnering the top prize.

  • Read more about Entrepreneurs invited to pitch clean energy ideas

Research highlights declining auto industry, manufacturing next?

Thursday, July 13, 2017

In a recent post, the Brookings Institution’s Mark Muro raises concerns about the U.S. manufacturing sector’s health due to the leading indicators of slowed growth in both auto sector output and auto manufacturing employment. Muro contends that these slowdowns are driven by plateaued consumer demand and automakers investing billions in developing technologies necessary for electric and self-driving cars.

  • Read more about Research highlights declining auto industry, manufacturing next?

R&D and innovation funding sees some increases, more decreases in state budgets: CA, IL, MS, NC, OH

Thursday, July 13, 2017

Breaking a two-year impasse, legislators in Illinois were able to pass a state budget that reinstitutes an R&D tax credit and implements workforce development programs. In California, the Governor’s Office of Business and Economic Development (Go-Biz) will see a 28 percent increase in funding, while other innovation initiative are receiving level funding. In other states whose budgets SSTI analyzed this week for TBED-related funding, we found that Innovate Mississippi was able to maintain state funding and new funding was appropriated for workforce development at the state’s community and junior colleges; a variety of programs were cut in North Carolina; and, Ohio will not get funding for a state office focused on commercializing research across key industries that the governor had proposed. More findings from California, Illinois, Mississippi, North Carolina and Ohio are detailed below.

  • Read more about R&D and innovation funding sees some increases, more decreases in state budgets: CA, IL, MS, NC, OH

Building bridges focus of SSTI 2017 Annual Conference

Thursday, July 13, 2017

SSTI’s annual conference will focus on building bridges for a better future by establishing new connections and wading through an uncertain political climate during a three-day conference filled with tips and insights. The agenda is now online at ssticonference.org and early bird rates are available. The conference, held in Washington, D.C., Sept. 13-15, will feature speakers on innovation, capital, policy, workforce, R&D, manufacturing and more.

  • Read more about Building bridges focus of SSTI 2017 Annual Conference

Pew finds Republicans increasingly negative on higher ed

Thursday, July 13, 2017

A new survey released by the Pew Research Center reveals a much more negative view of the  impact of colleges and universities on America on the right, with a majority (58 percent) of the Republicans and Republican-leaning independents surveyed saying that colleges and universities have a negative effect on the country compared to 45 percent last August. Democrats and Democratic leaning independents (72 percent) say the colleges and universities have a positive effect.

A new survey released by the Pew Research Center reveals a much more negative view of the  impact of colleges and universities on America on the right, with a majority (58 percent) of the Republicans and Republican-leaning independents surveyed saying that colleges and universities have a negative effect on the country compared to 45 percent last August. Democrats and Democratic leaning independents (72 percent) say the colleges and universities have a positive effect. The differences between the parties extend to other areas covered in the survey, including the national news media and religious organizations, but overall opinion has remained about the same.

  • Read more about Pew finds Republicans increasingly negative on higher ed

White House indicates FY 2019 budget will again propose deep science, innovation cuts

Thursday, July 13, 2017

The White House Office of Management and Budget sent a letter directing all agency heads to prepare FY 2019 budget requests with the figures provided in the administration’s FY 2018 request.

The White House Office of Management and Budget sent a letter directing all agency heads to prepare FY 2019 budget requests with the figures provided in the administration’s FY 2018 request. Because the long-term budget provided few year-over-year changes for science or innovation, the administration will therefore again propose to eliminate Regional Innovation Strategies, the Manufacturing Extension Partnership, much of the SBA’s entrepreneurial development funding and other innovation programs, while also making deep cuts to many R&D initiatives. Read SSTI’s full coverage of the administration’s FY 2018 budget request for more information.

  • Read more about White House indicates FY 2019 budget will again propose deep science, innovation cuts

Thanks to SSTI member outreach, House committee votes to fund Regional Innovation Strategies in FY 2018

Thursday, July 20, 2017

When SSTI learned that the House commerce appropriations subcommittee’s draft FY 2018 bill did not specifically fund the Regional Innovation Strategies (RIS) program, we called on members to contact the full committee and ask that the bill designate funding for RIS. Thanks to the quick action of SSTI members, the House Appropriations Committee passed the bill last week with level RIS funding of $17 million for FY 2018.

  • Read more about Thanks to SSTI member outreach, House committee votes to fund Regional Innovation Strategies in FY 2018

Record number of doctoral degrees conferred in US in 2015, NSF

Thursday, July 20, 2017

U.S. institutions of higher education awarded 55,006 research doctorate degrees in 2015 according to the National Science Foundation’s Survey of Earned Doctorates (SED). This figure represents the highest number ever reported. The report also highlights several other multi-year trends.

U.S. institutions of higher education awarded 55,006 research doctorate degrees in 2015 according to the National Science Foundation’s Survey of Earned Doctorates (SED). This figure represents the highest number ever reported. The report also highlights several other multi-year trends.

  • Read more about Record number of doctoral degrees conferred in US in 2015, NSF

USPTO ‘lottery’ creates huge economic advantage for winners

Thursday, July 20, 2017

In a recent paper from the National Bureau of Economic Research (NBER), the authors contend the U.S. Patent Office (USPTO) has created a lottery-type system that creates great economic benefit for startups and other patent-seekers that drew lenient patent examiners. In What Is A Patent Worth? Evidence from The U.S.

In a recent paper from the National Bureau of Economic Research (NBER), the authors contend the U.S. Patent Office (USPTO) has created a lottery-type system that creates great economic benefit for startups and other patent-seekers that drew lenient patent examiners. In What Is A Patent Worth? Evidence from The U.S. Patent “Lottery,” the authors found that patent applications by startups that were reviewed by lenient USPTO examiners had, on average, 55 percent higher employment growth and 80 percent higher sales growth five years later. Those startups also pursue more and higher quality, follow-on innovation. These results are, in large part, due to increased access of funding from VCs, banks, and public investors.

  • Read more about USPTO ‘lottery’ creates huge economic advantage for winners

Finding causes for states’ tax return shortfalls

Thursday, July 20, 2017

Many states took another hit to their budgets in April, with income tax revenue falling 4 percent compared to last year according to a new report from the Rockefeller Institute of Government. By the Numbers takes a look at the declining revenue, which it says was worse for April and May this year than had been forecast, but not as large as some states have experienced in recent years.

Many states took another hit to their budgets in April, with income tax revenue falling 4 percent compared to last year according to a new report from the Rockefeller Institute of Government. By the Numbers takes a look at the declining revenue, which it says was worse for April and May this year than had been forecast, but not as large as some states have experienced in recent years. Several explanations are explored.

  • Read more about Finding causes for states’ tax return shortfalls

Regionally focused investors yielding more than ROI

Thursday, July 20, 2017

An SSTI analysis of exits occurring during the second quarter by a number of venture development organizations reveals equity investment in innovation companies undertaken as strategic public-private partnerships for regional growth can yield more for their communities than just hitting the return on investment expectations of seed and traditional venture capital. The recent exits highlighted below reveal a variety of economic development impacts resulting from effective innovation investment strategies, including:

An SSTI analysis of exits occurring during the second quarter by a number of venture development organizations reveals equity investment in innovation companies undertaken as strategic public-private partnerships for regional growth can yield more for their communities than just hitting the return on investment expectations of seed and traditional venture capital. The recent exits highlighted below reveal a variety of economic development impacts resulting from effective innovation investment strategies, including:

  • Increased competitiveness and growth of local firms through mergers and acquisition;
  • New market entry and new product lines for existing manufacturers;
  • Opportunities to broaden wealth generation among wider population;
  • Foreign direct investment and company relocation; and of course,
  • Wealth generation, tax revenues and job growth within the local community.

Note: this is SSTI’s second look at recent VDO exits; selected first quarter 2017 exits for VDOs are available here.  Second quarter highlights include:

  • Read more about Regionally focused investors yielding more than ROI

Manufacturing resurgence needs smart supply chain

Thursday, July 20, 2017

Restoring America’s competitive edge requires a new approach to managing suppliers, one where all the players are connected, collaborative, and focused on maximizing shared value – a “smart supply chain” – says a new report from MForesight.

Restoring America’s competitive edge requires a new approach to managing suppliers, one where all the players are connected, collaborative, and focused on maximizing shared value – a “smart supply chain” – says a new report from MForesight. SSTI spoke with Tom Mahoney, one of the report’s authors and associate director at MForesight, who said that if steps are not taken to move the supply chain in the right direction, or if funding for the Manufacturing Extension Partnership is eliminated as has been proposed in the White House’s budget, the outlook for manufacturing will be poor. Ensuring American Manufacturing Leadership Through Next-Generation Supply Chains, by Mahoney and Susan Helper, provides insight into the current challenges and opportunities facing supply chain management in U.S. manufacturing and provides recommendations for regaining a competitive edge. 

  • Read more about Manufacturing resurgence needs smart supply chain

Foundations look for 50% tax cut

Thursday, July 20, 2017

Presently, the IRS provides private foundations a tax break if they show a trend of exceeding qualifying distribution requirements (grants).

Presently, the IRS provides private foundations a tax break if they show a trend of exceeding qualifying distribution requirements (grants). The legislative intent is for the tax reduction to serve as an incentive or reward for those foundations that are more generous with their grants over a five-year period than the 5 percent minimum distribution required by law.  The Council of Foundations wants all philanthropists to get the tax break regardless of the trends in their generosity and disbursements.  Four senators apparently agree with the council as they have included the provision in S. 1343, the recently introduced bill addressing several tax provisions dealing with charitable giving. The bill was introduced by Sens. John Thune (R-S.D.) and Bob Casey (D-Pa.), both members of the tax-writing Senate Finance Committee, with Sens. Pat Roberts (R-Kan.) and Ron Wyden (D-Ore) as co-sponsors.

  • Read more about Foundations look for 50% tax cut

Federal science & engineering support to universities declines

Thursday, July 20, 2017

At least 1,016 academic institutions across the U.S.  received federal support for a range of science and engineering functions in FY 2015, according to the latest survey from National Science Foundation. While the total was up slightly from the 1,003 institutions reported in the previous year, NSF also found that larger community divided a federal pie that was 3 percent or $900 million less than 2014, in constant dollars.  The FY 2015 total figure of $27,747 million was 6 percent less than the 2012 total of $29,580 million, also in constant dollars. 

At least 1,016 academic institutions across the U.S.  received federal support for a range of science and engineering functions in FY 2015, according to the latest survey from National Science Foundation. While the total was up slightly from the 1,003 institutions reported in the previous year, NSF also found that larger community divided a federal pie that was 3 percent or $900 million less than 2014, in constant dollars.  The FY 2015 total figure of $27,747 million was 6 percent less than the 2012 total of $29,580 million, also in constant dollars. 

  • Read more about Federal science & engineering support to universities declines

MI and VA see increases in TBED budget, while MA Gov vetoes some line items

Thursday, July 20, 2017

Funding for TBED programs took a hit under Massachusetts Gov. Charles Baker, who vetoed millions of dollars in programs that the legislature had approved in the FY 2018 state budget. Michigan programs fared better with funding maintained to diversify the state’s economy and funding for entrepreneurship ecosystems getting a boost. And in Virginia, after a messy budget process addressing an addendum to its biennial budget, many innovation programs saw increases.

Massachusetts

Funding for TBED programs took a hit under Massachusetts Gov. Charles Baker, who vetoed millions of dollars in programs that the legislature had approved in the FY 2018 state budget. Michigan programs fared better with funding maintained to diversify the state’s economy and funding for entrepreneurship ecosystems getting a boost. And in Virginia, after a messy budget process addressing an addendum to its biennial budget, many innovation programs saw increases.

  • Read more about MI and VA see increases in TBED budget, while MA Gov vetoes some line items

EDA announces funding for coal communities

Thursday, June 29, 2017

The Economic Development Administration (EDA) announced approximately $30 million in funding for the Assistance to Coal Communities (ACC). As part of the FY 2017 appropriation for the Public Works and Economic Adjustment Assistance (EAA) programs, the ACC will assist communities severely impacted by the declining use of coal through activities and programs that support economic diversification, job creation, capital investment, workforce development, and re-employment opportunities.

  • Read more about EDA announces funding for coal communities

ARC awards $15.7M in new round of funding to improve Appalachia’s coal-impacted communities

Thursday, June 29, 2017

On June 14, the Appalachian Regional Commission (ARC) announced $15.7 million in funding to support 18 projects (including those of two SSTI members – LaunchTN and Ohio University) that will help grow the economies in coal-impacted communities in seven states. With this latest announcement, ARC has invested over $92 million (leveraging an additional $206 million in investments) to diversify the economies in 250 coal-impacted counties across 11 Appalachian states through its POWER (Partnerships for Opportunity and Workforce and Economic Revitalization) Initiative. The new round of investments are intended to create and retain hundreds of jobs in advanced manufacturing and tech industries; support entrepreneurial development efforts, and, build workforce pipelines through institutions of higher education.

  • Read more about ARC awards $15.7M in new round of funding to improve Appalachia’s coal-impacted communities

MA Gov proposes $500M for life sciences

Thursday, June 29, 2017

Massachusetts Gov. Charlie Baker announced a legislative proposal that would provide $500 million over five years for the life sciences sector, extending the state’s commitment to the biotech and medical technology industry. The money would be used for strategic investments in public infrastructure, research and development, workforce training and education.

  • Read more about MA Gov proposes $500M for life sciences

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