For three decades, the SSTI Digest has been the source for news, insights, and analysis about technology-based economic development. We bring together stories on federal and state policy, funding opportunities, program models, and research that matter to people working to strengthen regional innovation economies.

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University of Maryland Announces New Initiative for Innovation and Entrepreneurship

The University of Maryland announced the Academy for Innovation and Entrepreneurship, an initiative to infuse a culture of innovation and entrepreneurship across its campus through a series of classes, workshops and outside-the-classroom experiences. By providing the necessary encouragement and resources, the university administration hopes to empower students and faculty to translate their passions and creative ideas into real-world solutions to economic, societal, technological and cultural problems. Launching in fall 2013, the academy will be led by Dr. Dean Chang, associate vice president for innovation and entrepreneurship for the University of Maryland. Read the release...

Details Emerge in $1.5B Plan to Create Connecticut's Next Generation Workforce

Revolutionizing STEM facilities, hiring new faculty, increasing undergraduate enrollment and even planning new dorms to house the anticipated influx of new students are part of Gov. Dan Malloy's proposed $1.5 billion expansion and investment in the University of Connecticut (UConn).

The plan is somewhat reminiscent of similar ambitious proposals from East Coast governors in Massachusetts and Maryland seeking to transform their states into specialized, high-tech hubs, such as Gov. Deval Patrick's 10-year, $1 billion life sciences investment package and Gov. Martin O'Malley's $1.1 billion bioscience initiative — both of which have sustained public and private support over the past five years (see the June 18, 2008 issue of the Digest).

MI Program to Provide Experience in Advanced Manufacturing for High School Seniors

In partnership with local manufacturing firms, the Michigan Economic Development Corporation (MEDC) announced that it is accepting applications for the Michigan Advanced Technician Training (MAT2) program — a pilot program for high school seniors that will combine paid work experience with an associate's degree in the field of mechatronics. While gaining paid work experience in the field, students accepted into the three-year MAT2 program will have the opportunity to earn an associate's degree at one of two local community colleges paid for by their employer. MAT2 participants must agree to remain at the job for at least two years after successful completion of the program. Read the release...

ITIF Report Calls for Honest Assessment of American Broadband

A new ITIF report authored by Richard Bennett, Robert Atkinson, and Luke Stewart argues that the current negative perception of America's broadband network is inaccurate and that our national position is strong relative to other developed countries. In, “The Whole Picture: Where America's Broadband Networks Really Stand,” the authors argue that negative critics of U.S. broadband strength use skewed data that pulls exclusively from high-density European and Asian cities to portray inaccurate inequalities in broadband distribution.

Canada Rolls Out Start-Up Visa Program

Following up on an announcement made in September, the Citizen and Immigration Ministry of Canada will launch a new visa program on April 1 to recruit innovators and entrepreneurs to the country. The Start-Up Visa Program will connect immigrant entrepreneurs with organizations who will be able to provide services and expertise to these entrepreneurs to help create startup businesses. Initially, venture capital groups, angel organizations, and incubators will be tapped to provide these services.

SSTI Awards Program Kicks off in April

Capture national attention. Tell us your story, win an award, attend SSTI's Annual Conference for free, and share on a national platform all of your enviable accomplishments. Those are the simple steps that make up SSTI's 2013 Excellence in TBED awards program. Now in its seventh year, the awards are dedicated to recognizing and showcasing innovative approaches and impressive outcomes from tech-based groups working to improve their state or region's competitiveness. We'll begin accepting applications on April 16 with applications due June 11. Learn more at: http://www.sstiawards.org/.

Listen to podcast episodes from 26 SSTI award winners for helpful advice on issues relevant to your work and look for new interviews from the 2012 winners in the coming months.

OMB Proposes Better Process for Applying for, Awarding Federal Grants

The Office of Budget and Management published a set of proposed reforms to streamline the federal grant process by consolidating the multiple federal regulations with duplicative requirements into a single, comprehensive uniform policy guide. The office hopes to augment efficiency and effectiveness, strengthen oversight and reduce fraud and waste, which is a growing concern. The proposal includes specific recommendations to reform administrative requirements, cost principles, and audit requirements and is open for comment through May 2, 2013. Read more...

TBED People and Orgs

Karen Mills, head of the Small Business Administration since 2009, has announced her departure. She will stay on until her successor is confirmed.

New Hampshire Gov. Maggie Hassan has nominated Jeffrey Rose to be the state's commissioner of Resources and Economic Development.

Carnegie Mellon University has named Subra Suresh as its ninth president, to succeed President Jared Cohon. Suresh currently is director of the National Science Foundation.

Maryann Feldman has been awarded the 2013 Global Award for Entrepreneurship Research.

Cheryl Watkins-Moore has joined the BioGenerator as an Entrepreneur-in-Residence.

Share of U.S. Venture Capital Dollars, Deals by State, 2007-2012

After dipping just under 50 percent in 2011, California reclaimed its spot as the site of a majority of U.S. venture capital investment last year, according to the National Venture Capital Association/PricewaterhouseCoopers Moneytree Survey. About 53 percent of all U.S. venture capital dollars were invested in California companies in 2012, the largest share captured by the state since the annual survey began in 1995. The total share of all venture dollars invested in the top five states also reached an all-time high last year, with California, Massachusetts, New York, Texas and Washington capturing 78.5 percent of all U.S. investment.

Tech Talkin' Govs: Part IV

The fourth installment of SSTI's Tech Talkin' Govs series includes excerpts from speeches delivered in Maryland, Missouri, Montana, Tennessee and Texas. Our first three installments were in the Jan. 9, Jan. 16 and Jan. 23 issues of the Digest.

MarylandGov. Martin O'Malley, State of the State Address, Jan. 30, 2013“Creating jobs through innovation is not just the responsibility of the private sector. There are things we can do together ”“ through the common platform of our government ”“ to accelerate innovation and improve the business climate ... expanding our successful job creation tax credits for biotech, and research and development. And, by creating a new cyber security tax credit. ...

Advanced Manufacturing Seen as Key to Capturing New Opportunities for States

Following a year-long policy academy intended to help states prepare new strategies for economic growth by fostering collaboration and shared experiences, eight states have agreed to bring a renewed focus to advanced manufacturing. State leaders concur that the manufacturing sector is too important to lose and is rapidly evolving. With change, however, comes a unique opportunity to capture new leadership roles and address global issues that threaten public health and safety. A report from the National Governors Association (NGA) summarizes the work and findings from the group and provides guidance for other states.

The eight states that participated in the academy especially are relevant because together they represent a large fraction of total U.S. manufacturing GDP (30 percent), one-third of manufacturing jobs and more than 25 percent of U.S. exports of manufactured goods. They include California, Colorado, Connecticut, Illinois, Kansas, Massachusetts, New York, and Pennsylvania.

NSF Made Changes to New Grant-Submission Rules

On January 14, 2013, the National Science Foundation (NSF) instituted several key changes in the NSF's Proposal and Award Policies and Procedures Guide. The new rule changes will affect several areas of the proposal process, especially for those applying online via FastLane, including a revised project summary process and review criteria. The slides and audio from a recent NSF webinar are available here.