Innovation

SBA: America’s Seed Fund Road Tours Coming to 16 States and Territories to Engage Entrepreneurs Creating Cutting-Edge Technologies

Road Tours Connect Innovators to over $4B in Federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Grant and Contract Opportunities Today, the U.S. Small Business Administration (SBA)announced it will launch a live road tour connecting entrepreneurs developing advanced technologies to America’s Seed Fund, the country’s largest source of early-stage federal funding through the Small…

SBA: Third Annual Innovation Ecosystem Summit Convenes December 13-14

Virtual Event Aims to Build a Thriving National Innovation Ecosystem that Promotes Equitable Access to Capital and Resources for Innovators Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s 33 million small businesses, announced that the third annual Innovation Ecosystem Summit will be held on December 13-14. The Summit…

EDA: 60 Recipients of “Build to Scale” Program Announced in Support of Innovators, Entrepreneurs, and Startups through Regional, Technology-Based Economic Development Strategies

Grantees Represent 36 States, District of Columbia and Puerto Rico Today, the U.S. Department of Commerce announced “Build to Scale” grants awarded to 60 organizations across the country — located in 36 states, the District of Columbia, and Puerto Rico — totaling $53 million for programs that support technology entrepreneurs, catalyze innovation, and fuel economic…

HUD: City of Madison Community Development Authority Selected as Partner for the Annual Innovation in Affordable Housing Student Design and Planning Competition

HUD hopes to inspire and support students of fields such as architecture, planning, policy, and finance in advancing affordable and sustainable housing for low- and moderate-income Americans. The U.S. Department of Housing and Urban Development (HUD) has announced the City of Madison Community Development Authority (CDA) in Madison, Wisconsin will be the partnering public housing…

EDA: 31 Tech Hubs Designated Across America

As part of the President’s Investing in America agenda, the U.S. Department of Commerce identified regional centers primed for technological innovation and job creation The Biden-Harris administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), today announced the designation of 31 Tech Hubs in regions across the country. This is the first phase…

SBA: 15 Appointees Announced for New Invention, Innovation and Entrepreneurship Federal Advisory Committee

Group Will Advise SBA on Policy Matters to Foster a Thriving and Equitable Small Business and Startup Innovation Ecosystem Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33 million small businesses and startups in President Biden’s Cabinet, announced the appointment of 15 members to the newly established Invention, Innovation, and Entrepreneurship Advisory…

CFPB: New Report Highlights Role of Big Tech Firms in Mobile Payments

Apple and Google set regulations on “tap-to-pay” which can impact innovation and competition The Consumer Financial Protection Bureau (CFPB) published a new issue spotlight highlighting the impacts of Big Tech companies’ policies and practices that govern tap-to-pay on mobile devices like smartphones and watches. Apple currently forbids banks and payment apps from accessing the tap-to-pay…

EDA: Tech Hubs Competitions Applications Show Nationwide Excitement for Investing in America’s Technological Future

The U.S. Department of Commerce’s Economic Development Administration (EDA), announced the receipt of hundreds of applications for Phase 1 of the Regional Technology and Innovation Hubs (Tech Hubs) competition, a key piece of President Biden’s Investing in America agenda. In total, 48 states and 3 territories submitted Tech Hubs Phase 1 applications.   Phase 1 of this competition will designate…

ABA Joins Project Fintech Accelerator as a Founding Partner

The American Bankers Association today announced it has joined the 2023 Project Fintech accelerator as a founding partner. Through this partnership, ABA will work closely with the Project Fintech team over the next nine months to engage with nine startups developing innovative banking technology products and services. “Innovation is at the core of today’s banking industry, and…

HUD: Action Taken on Junk Fees in Rental Housing

Major online rental search platforms agree to provide tens of millions of consumers with better information about fees. Today, President Biden and U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge announced new commitments by several of the biggest rental housing search platforms to increase transparency of housing fees, and released new…