The National Science Foundation (NSF) has announced awards for Conceptualization Grants (CG) for Quantum Leap Challenge Institutes, which are large-scale interdisciplinary research projects that aim to advance the frontiers of quantum information science and engineering.

A recent story from the Federal Reserve Bank of Kansas City examines how hospital closures in rural areas have economic impacts that reverberate throughout the community. The report’s author, Kelly Edmiston, found that rural counties with hospital closures saw meaningfully lower annual growth in employment and aggregate wages three years after the closure than counties without hospital closures. Closings were found to have a larger effect on smaller counties, where the hospital has a higher share of employment and wages relative to the total county employment and wages.

The continuing trend toward automation could widen the disparities between high-growth urban areas and rural counties at a time when workforce mobility is at historic lows, and the current economic health of urban, suburban and rural economies will impact their ability to adapt, according to a new report from the McKinsey Global Institute: The Future

With the Census Bureau’s July 17 release of the 2019 2nd Quarter update, the bureau’s Business Formation Statistics (BFS) changed format.

Ten states from across the country have been selected as part of a unique program designed to grow and strengthen their manufacturers. Over the course of the next year, interdisciplinary state teams will meet together in Washington, D.C., and separately in their home states, to develop and refine strategies impacting manufacturing industries.

The U.S. Economic Development Administration (EDA) announced Regional Innovation Strategies awards — i6 Challenge and Seed Fund Support — to 44 organizations. Those awards are worth $23.5 million in federal funding matched by $26 million from a variety of private and public sector sources for nearly $50 million for projects to support entrepreneurship and innovation in 28 states and two territories.

Broadband access is one of the pillars of economic development, yet as many as 24 million Americans, including a disproportionate percentage in rural areas, still lack high-speed and reliable internet service, according to the Pew Charitable Trust.

Manufacturers are aware and concerned about the aging of their manufacturing workforce, according to a recent report from the Manufacturing Institute’s Center for Manufacturing Research. The report notes that a recent outlook survey found that attracting and retaining a quality workforce is one of the top challenges facing manufacturers, where nearly one-quarter of the sector’s workforce is age 55 or older.

The 116^th Congress has already advanced policies to affect regional innovation economies, and much more is poised to happen once both chambers return in September. In addition to completing the FY 2019 budget (see our Feb. coverage), this session has seen Regional Innovation Strategies legislation pass the House and Senate (albeit in different bills); the Senate working toward an overhaul of the Small Business Administration; and, the start of the FY 2020 budget process.

SSTI is extending its reduced rate for conference registration with no rate increase planned before the start of the conference. It is not too late to register under that special rate! In the more than 20 sessions we have planned, there are leaders in manufacturing succession planning, workforce development, funding, connecting academic departments with industry partners, and more. We hope to see you in Providence, Rhode Island, Sept.

SSTI and conference host Rhode Island Commerce Corporation are pleased to announce Gov. Gina Raimondo is scheduled to deliver welcoming remarks during the opening plenary session and officially kick off SSTI’s Annual Conference in Providence on September 10!

The 21st TCI Global Conference organized by the Institute for Competitiveness & Prosperity will be held in Toronto, Oct. 16-18. The conference is expected to draw more than 400 international practitioners and will focus on cluster leadership, governance and evaluation, as well as designing innovation networks for knowledge exchange, with the goal of furthering economic development. It will feature 11 unique immersion experiences on Toronto clusters, including advanced manufacturing, emerging technology, energy, and the innovation ecosystem.

Starting next month the SSTI Weekly Digest will bring you a special series of interviews conducted with leaders in the innovation economy. We will feature topics like driving regional innovation on modest R&D budgets, honing your value proposition, and tips on working with your state legislature and making innovation a priority with your governor. The Q&A series will provide a quick preview into some of the insights we will explore in greater depth during SSTI’s 2018 Annual Conference: Navigating the New Innovation Landscape, Dec. 3-5 in Salt Lake City.

Working together to address the skilled labor shortage in manufacturing, manufacturers across the nation participate in Manufacturing Day as an opportunity to change perception. Always the first Friday in October, thousands of manufacturers open their doors to the public to exhibit what they do in modern manufacturing. Many community and technical colleges also participate to educate the public on the changing nature of the industry and highlight the skills required for a well-paid career in the field.

As the National Science Foundation announces awards for five new regional academic centers to encourage underrepresented populations to pursue and attain college degrees related to science, technology, engineering and mathematics (STEM), a recent working paper from two Harvard researchers finds an explanation for the popularly perceived persistent shortage of STEM workers: changes in technology.  The rapid pace of technological change is making the skills of the existing STEM wo

During the past decade, there has been rapid growth of the smart cities movement – improving critical public service delivery, while reducing cost over the long run, through the Internet of Things, real time data gathering, better sensors and integrated systems management. The pace of growth is resulting in a wide variety of do-it-yourself models for smart communities to address their IoT data management and analysis needs.

With the close of the primaries, the 36 gubernatorial elections are now taking shape. November’s election will see at least 18 new governors as those seats were term-limited, the incumbent was not seeking reelection, or did not win the primary.  In each of the 36 races, SSTI has reviewed the major party candidates’ positions relating to technology-based economic development and here outlines what those candidates have revealed on topics touching the field.

With at least six federal agencies supporting quantum computing research and at least 10 agencies supporting synthetic biology research, more collaboration is needed to effectively marshal the agencies’ efforts to maintain U.S. competitiveness, according to a new report from the U.S. Government Accountability Office (GAO).

Vibrant Virginia (VV), a new program from Virginia Tech’s Office of Economic Development, is offering seed grants as a way to encourage faculty and graduate students to explore persistent public policy challenges spanning the state’s urban, suburban, and rural communities.

Inclusive workforce development, downtown revitalization, and an influx of funds for venture capital are among the proposals in an economic development strategy unveiled by New Jersey Gov. Phil Murphy earlier this week. In an effort to focus on bottom-up development rather than a package of tax incentive programs favoring big businesses, the strategy seeks to build the nation’s “most diverse and inclusive innovation economy.”

The Angel Capital Association is piloting a new report on the factors that influence successful angel investing and the startups that angels support.  The initial Angel Funders Report covers 2017 data from 26 angel groups and provides new insights for one year of investments. Some of the report’s key findings include:

The number of workers, students and educators participating in the Manufacturing USA institutes’ portfolio of programs, research projects and training courses grew seven-fold to surpass 191,000 individuals in 2017, according to the network’s new annual report.  With a network of 14 individual institutes supported by the departments of Commerce, Defense and Energy, the Manufacturing USA initiative saw tremendous growth during 2017, including six institutes that went online just during the year.

Established in 1979 as a way to help broaden the distribution of federal funds for research and development (R&D), specifically at the National Science Foundation (NSF), one of the most important initiatives funneling research and development funds to states with smaller populations is the Experimental Program to Stimulate Competitive Research (EPSCoR). As more attention is paid to the growing inequality between states, programs like EPSCoR are worthy of additional consideration.

This month, we begin a four-part series focused on navigating innovation priorities in a variety of settings. The series features perspectives from experts in the field, presented in a Q&A format. Each practitioner we interviewed will also be presenting at our annual conference, where these topics will be explored in greater depth. Click here for more information on the conference.

New data analyzing the first cohort of Tennessee Promise students reveals a higher graduation rate and increased number of students earning a college credential when compared to the previous year’s non-Promise cohort. The inaugural class of Tennessee Promise students graduated from high school in 2015 and completed their five semesters of eligibility in December.