Federal Funding of Innovation and Technology
To find out information, both qualitative and quantitative, that helps to build an overview of federal funding of innovation and technology. Research should primarily include data/statistics tied to qualifying information and sources along with some qualitative narrative about methodology and some qualitative narrative about the future of public funding of innovation, research and technology.
- The federal government of the United States supports a broad range of scientific and engineering R&D to strengthen U.S. innovation and competitiveness in the global economy.
- The federal research and development funding is made available through a wide range of more than 13 agencies.
- These agencies are Department of Defense, Dept. of Health and Human Services, Department of Energy, NASA, National Science Foundation, Department of Agriculture, Department of Commerce, Department of Veterans Affairs, Department of Transportation, Department of the Interior, Department of Homeland Security, Environmental Protection Agency, Smithsonian Institution, Department of Education and others.
- In 2018 the highest volume of funding was disbursed through the Department of Defense amounting to US$52,386 million. It also had the highest enacted budget for 2019, amounting to US$55,832 million and highest requested budget for 2020, amounting to US$59,463 million.
- The total funding volume for 2018 was recorded at US$135,765 million and the requested volume of funding for 2020 was estimated to be US$134,097 million, a decline of -1.2%.
- National Institute of Standards and Technology or NIST promotes U.S. innovation and industrial competitiveness by advancing measurement science, standards, technology, etc.
- The US federal budget requested US$686.8 million for NIST in FY2020, a decrease of $298.7 million (30.3%) from the FY2019 enacted appropriation of US$985.5 million.
- In February 2020, Federal Transit Administration or FTA announced the availability of $9.3 million in research funding for innovative projects to improve rail transit and bus operator safety.
- In March 2019, the U.S. Department of Energy (DOE) Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs issued its FY 2019 Phase II Release 2 Funding Opportunity Announcement (FOA) with approximately $100 million in available funding.
- In 2018, 36 Public Sector Innovations that included AI-powered mission enablers, cloud-based reinvention, cybersecurity workforce development, etc, were awarded Government Innovation Awards.
- The list of awardees included U.S. Marine Corps, Census Bureau, USAID, Government Accountability Office, etc.
- As per a new research from the University of California, Berkeley, the University of Connecticut, Boston University, and Harvard University, federal funding for science has always fueled the modern economy of the United States.
- The research team demonstrated that almost a third of patents in the U.S. rely on federal research and the number has increased steadily over the past 90 years between 1926 and 2017.
In addition to this public search, we scanned our proprietary research database of over 1 million sources and were unable to find any specific research reports that address your goals.
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