Recent Research: Does boomerang migration play a role in regional economic development?
Many metropolitan areas grapple with demographic shifts, labor shortages, and changing economic conditions, so understanding the factors that encourage former residents to return may help policymakers design more effective strategies for talent retention and regional revitalization.
TBED Community of Practice webinar: Strategies to drive regional technology-based entrepreneurship and economic development
Wednesday, March 19, 3:00 pm EDT | Zoom
No charge; registration required.
Tennessee Governor requests nearly $100M for energy innovation in proposed spending plan
On Feb. 10, Tennessee Gov. Bill Lee presented his 2025 State of the State address along with his FY 2025-2026 budget proposal and legislative agenda.
Election 2024: gubernatorial campaign positions
Eleven states and two territories, including Puerto Rico, are holding gubernatorial elections this November, with voters in eight of those states (Delaware, Indiana, Missouri, New Hampshire, North Carolina, North Dakota, Washington, and West Virginia) choosing a new governor to replace either a term-limited incumbent or governors who chose not to seek re-election. In Montana, Utah, and Vermont governors are seeking re-election.
ARC funds regional seed fund network that includes SSTI members
The Appalachian Regional Commission (ARC) recently announced $3,889,964 in funding for the Appalachian Investors Alliance (AIA), a seed fund network that includes several SSTI members.
Illinois releases its next five-year economic development plan
Earlier this month, Illinois Gov. J.B. Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO) released Open for Business: Illinois' 2024 Economic Growth Plan, a comprehensive five-year plan to guide the state’s economic development priorities, strategies, and initiatives.
Book Notes: Innovation for the Masses: How to Share the Benefits of the High-Tech Economy
Note: This brief quasi-book review/book synopsis is the first item in an experimental new section of SSTI’s newsletter, potentially joining other regular sections such as Useful Stats, Fed/Leg News, State News, Member Updates, and Recent Research. Its periodic continuation after the contributions we present over the summer will depend on feedback from our members and Digest readers. Comments may be shared with skinner @ ssti.org
An Earth Day item on TBED financial investment strategies
Which should be more valuable for an economic development minded investment program?
Which should be more valuable for an economic development minded investment program?
- Company A, which yields a 2x return on investment and has a technology that reduces carbon emissions and energy use,
- Company B, which returns 12x to investors through an impressive IPO but contributes more to climate change, or
- Company C, which returns 3x and the climate impacts of its technology and production process aren’t as easily measured so remain unknown.
Pandemic-era federal funding encouraged community colleges to have greater involvement in regional economic development
The recent pandemic and the government's response may have catapulted community colleges toward deeper participation in economic development. “Community colleges have been interested and involved in economic development for decades,” said Thomas Brock, director of the Community College Research Center at Columbia University. "That's part of their core mission. But what is different now is that there's a lot more federal money on the table through the CHIPS Act and the (Bipartisan) Infrastructure (Law).