February 2, 2023 | Volume 27, Issue 5
SSTI

DOE encourages 33 groups to proceed on hydrogen hubs

This past December, the U.S. Department of Energy (DOE) sent out letters of encouragement, or discouragement, to applicants in the competition for up to $7 billion in federal funding to support the development of regional hydrogen hubs. Of the 79 original applicants, 33 were advised to move forward with writing a full application. The DOE has not released a list of the groups that were encouraged to submit a full proposal but did allow the groups to announce their status on their own. Read more  

Tech Talkin’ Govs 2023 (part 4): Governors’ innovation vision from their annual addresses

Over the month of January, 33 of the states’ governors delivered their State of the State addresses. Economic development is at the forefront of the leaders’ agendas; in the most recent addresses, Ohio and South Carolina are making plans for megasites while the workforce to supply new jobs remains a critical concern for states. SSTI continues to review each address and bring you news of their innovation-related initiatives in their own words. This week’s review includes the addresses from Georgia, Hawaii, Kansas, Michigan, Mississippi, Montana, Nebraska, Ohio and South Carolina. Read more 

SCRA reports over $1.15B in economic impact to state’s economy

The South Carolina Research Authority (SCRA) had an economic impact of over $1.15 billion in FY 2022, through follow-on funding, grants awarded, investments made by affiliate SC Launch Inc, job support and more,  according to their annual report. This total is an increase of almost 15% from their economic impact in FY 2021. The report was compiled by SCRA with assistance on the economic impacts provided by the University of South Carolina Darla Moore School of Business. Read more

Resources available: SSTI webinar featuring federal funding opportunities to help regional innovation economies

On Tuesday, Feb. 1, SSTI’s new TBED Community of Practice hosted its first webinar as part of a multi-year effort to build capacity among Economic Development Administration (EDA) grantees to achieve greater impacts and strengthen the overall practice of technology-based economic development (TBED). Webinar participants learned about new funding sources and how they can support regional innovation economies. Read more 

Useful Stats

20-Year change in US real GDP per capita, 2002-2021

From 2002-2021 (the last 20 years for which data is available), the total U.S. real gross domestic product (GDP adjusted for inflation, or real GDP) increased by approximately 45%, from $13.5 trillion to $19.6 trillion in chained 2012 dollars. On a per capita basis, county-level real GDP increased by an average of 36% over the past 20 years, with a range of growth of -77% (Brooks County, Texas) to 3,950% (Culberson County, Texas). Read more 

Strengthening place-based innovation ecosystems: DOE opens request for information

The U.S. Department of Energy (DOE) requests input from stakeholders on place-based innovation activities leveraging research institutions, such as (but not limited to) DOE’s national laboratories and sites. Feedback collected as part of this RFI will inform DOE’s future program planning and development efforts. The RFI is an opportunity to provide input on how DOE can catalyze and sustain place-based ecosystems across the country. Read more 

State News

Last month, the Michigan Court of Appeals issued a unanimous decision that prevents a minimum wage increase from going into effect on Feb. 2, reversing a lower court's ruling last year that would have increased the state’s minimum wage from $10.10 to $13.03. (On Jan. 1, 2023, Michigan's minimum wage rate increased from $9.87 to $10.10 per hour as set by Michigan's Improved Workforce Opportunity Wage Act of 2018). The decision is expected to be appealed to the Michigan Supreme Court.

Pennsylvania Gov. Josh Shapiro recently signed an executive order that establishes the Pennsylvania Office of Transformation and Opportunity within the Governor’s Office and the Economic Development Strategy Group. The office will be a “one-stop-shop” for businesses looking to build and grow in Pennsylvania and will assist in creating a unified strategy within the administration for economic growth and development, with a special focus on disadvantaged and underserved communities.

Member News

The National Geospatial-Intelligence Agency along with partner Missouri Technology Corporation won a State and Local Economic Development Award from the Federal Laboratory Consortium (FLC) for the NGA Accelerator – Technology Transfer in Action.

Join SSTI as a member 

 
Join your peers and lend your voice to the efforts building a better future through science, technology, innovation and entrepreneurship. Become an SSTI member and receive first notice of dozens of funding opportunities directly to your in-box every week; take advantage of reduced rates for our annual conference; learn from experts in the community; and, network with those most closely involved in technology-based economic development. Learn more about SSTI membership here.

Job Corner

Director of Commercialization - Launch Tennessee
LaunchTN, a public-private partnership uniquely positioned to cultivate and support collaboration among founders, investors, the private sector, institutions and government, currently has an opening for a Director of Commercialization to lead commercialization activities. Currently, the LaunchTN Commercialization Portfolio consists of over 100+ deep tech startups and as of FY23 more than $7M in funding for commercialization support. The position focuses in three key areas (1) serving as direct commercialization support to founders who are taking their technologies from lab to market (2) developing, collaborating, leading and executing on grant opportunities aligned with LaunchTN, research institutions, and higher-ed collaborators (think: NSF Engines, EDA’s Build Back Better, etc.) and (3) supporting and growing the vision for statewide resources for commercialization, including building new programmatic opportunities. For more details and to apply for the position, please go here.
 

Director of Investment Programs
The University of Texas at Austin is seeking a Director of Investment Programs.This position will manage the UT Seed Fund, which includes evaluating, conducting initial due diligence, advancing, and recommending investments from a portfolio of new ventures based on University of Texas at Austin licensed intellectual property. This position will also establish the Longhorn Angel Network. This position will build the team, which will include an angel network manager and investment analysts with deep tech domain expertise. Read more details and apply here.
 

Director of Life Science Technology Development
The University of Texas at Austin is seeking a Director of Life Science Technology Development. The Discovery to Impact Director of Life Science Technology Development is responsible for building, directing, and managing a team of professionals, including project managers, consultants, and co-development partners. This team will advance a pipeline of therapeutics and devices in the life sciences space to de-risk technologies and add value to the University assets prior to partnering.  This team’s mission is to conduct product development projects for vetted and commercially validated technologies to make them industry-ready. The team fills the gap between discovery and commercial assets. For more information and to apply for the position, please go here.  

Read more job postings


This week's Staff Picks:

NBC News: Biden's semiconductor push has states jockeying for billions in federal cash with dreams of the next manufacturing boom
SSTI President & CEO was interviewed for this story on plans for the federal funding available and state responses to the CHIPS legislation. Read more.
 
The Hechinger Report: Is a ‘DARPA for education’ finally happening?
Advocates say new government funding is a down payment on long-awaited research and development arm of DOE. Read more.
 
Philanthropy News Digest: U.S. foundation assets fell $246 billion in value in 2022, study finds
Total assets of foundations in the United States declined by 18.9 percent in 2022, from $1.304 trillion in 2021 to $1.057 trillion, signaling that foundations may begin reducing payouts in 2023 and beyond, an analysis by FoundationMark finds. Read more.
 
DOD: Howard University Will Be Lead Institution for New Research Center
Defense Department leaders announced the creation of a 15th university-affiliated research center associated with Howard University in Washington, D.C. Read more.

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