SSTI Digest
Governors Ramp up Skilled Workforce Initiatives
Lawmakers in several states will consider legislation this year aimed at solving the workforce disconnect as states continue to struggle with unemployment and look for ways to attract industries in emerging fields. Many of the recent proposals, including those in Connecticut and Massachusetts, focus on revamping oversight of higher education and workforce training to offer better tools and a quicker path to a degree and skills matched with the needs of businesses. In Missouri, a new Innovation Campus will allow high school students to train for high-tech careers while they earn college credit and, in South Dakota, the governor wants to recruit 1,000 skilled workers from outside the state. Connecticut Gov. Dan Malloy earlier this month proposed legislation making changes to the Connecticut Technical High School System (CTHSS) in order to tailor programming to the needs of employers. In addition to programmatic changes, the governor wants to change the governance of CTHSS to an independent, 11-member board whose members are made by appointment, removing oversight from the State Board of Education.
Michigan Budget Boosts Funding for Economic Development, Higher Ed
With a greater focus on jobs training and arts and cultural programs, Michigan's budget for economic development would increase by more than 10 percent in FY13 under Gov. Rick Snyder's proposal. Universities and community colleges would receive a 3 percent boost under a new performance formula based on degree completion — particularly in critical skills areas such as science, technology, engineering, mathematics, and health care. The Michigan Economic Development Corp (MEDC) is slated to receive $195 million in FY13, up from $175 approved for the current year. This includes $100 million for business attraction and economic gardening. Another $25 million would support innovation and entrepreneurship programs established last year (see the June 1, 2011 issue of the Digest). To address economic development in distressed cities, the governor recommends an additional $15 million in general fund support for the Talent Fund for Job Training and Skills Development. The budget also increases funding by $3.6 million for arts and cultural grants programs ($5 million total).
Obama Administration Launches a New Online Platform to Help Small Businesses
Manufacturing Policy Should Strengthen Four Key Areas, According to Brookings Report
TBED People & Orgs
FY13 Federal Budget Request Overview
Each year, SSTI provides Digest readers with a comprehensive review of technology-based economic development spending in the the president's federal budget request. The year's edition includes proposed FY13 spending on R&D, STEM education, manufacturing, broadband, small business support, technology transfer, entrepreneurship, innovation workforce initiatives and more. The full report is available for download in pdf format (561 kb).
President Barack Obama's FY13 budget request includes few major changes from FY12 due to the spending cap agreed upon in the Budget Control Act. Funding for most, but not all, TBED-related programs would maintain nearly level funding. The White House is accentuating the budget's generous support for advanced manufacturing, clean energy and STEM education, and again is asking that the R&D tax credit be made permanent.
Comparisons to the previous year's funding level are made against the FY12 budget as enacted, unless otherwise noted.
Tech Talkin' Govs: Part V
The fifth installment of SSTI's Tech Talkin' Govs' series includes excerpts from speeches delivered in Ohio, Oklahoma and Pennsylvania. The first four installments are available in the Jan. 11, Jan. 18, Jan. 25, and Feb. 1 editions of the Digest. Ohio Gov. John Kasich, State of the State Address, Feb. 7, 2012 "And today I want to tell you about the best technology resource that you've never heard of. It's buried underground in Ohio. This will set us apart from every other state in America. "It's beyond high speed Internet. And I'm announcing today we're going to increase the speed of OARnet, from 10 gigabytes per second to 100 gigabytes per second and what does that mean? It's not Back to the Future with gigabytes. I mean, this really means something. ... This allows our research hospitals and universities to compete more successfully for the research grants that create breakthroughs in jobs. ... "We're also saying that it's not good enough to do research. If you don't commercialize and create jobs, what's the point? I can find you research on a top shelf in a building 140 years from now. Commercialize. Create jobs. Spinoff companies.
TBED Priorities Outlined in Nevada Plan
In response to an economic development study calling on the state to diversify its operating system, support regionalism and invest in innovation, Nevada's newly established Governor's Office of Economic Development (GOED) released a plan of action to align resources and establish partnerships for meeting those goals over the next three years. The statewide plan builds on legislation passed last session to unify economic development efforts through a regional approach and private sector engagement. To this end, lawmakers allocated funds for GOED and the governor appointed an executive director, elevating the position to cabinet-level. During the first half of 2012, GOED will work to establish its organizational structure and designate Regional Development Authorities (RDAs) tasked with developing plans for their regions. RDAs can be local government organizations, private organizations, or a combination of the two. The RDAs will serve as the central point of contact for economic development within the regions focusing their efforts on creation and retention of new businesses, expansion of existing companies, and attracting companies from outside the state.