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  • weekly_digest (166)
Displaying 126 - 150 of 166
Authored on

Kentucky and Rhode Island roll out new proposals to boost innovation

Thursday, January 27, 2022

Attracting investment to a coal-dependent region with a state-of-the-art AgriTech research and development center is under consideration in Kentucky while Rhode Island is proposing greater investment in developing its blue economy. Kentucky Gov. Andy Beshear and Rhode Island Gov. Daniel J. McKee have both targeted new innovation initiatives to grow their state’s economy in their recently proposed budgets.

  • Read more about Kentucky and Rhode Island roll out new proposals to boost innovation

Treasury announces approval of $801.4 million SSBCI funding for 11 states and territories

Thursday, March 2, 2023

The U.S. Department of Treasury has announced its approval of $801.4 million in SSBCI funding for eleven U.S. states and territories: Arkansas, Delaware, Guam, Kentucky, New Jersey, Puerto Rico, Rhode Island, Tennessee, the U.S.

  • Read more about Treasury announces approval of $801.4 million SSBCI funding for 11 states and territories

Delta Regional Authority Releases Economic Development Strategy for 252 Counties Across Eight States

Thursday, June 2, 2016

The Delta Regional Authority  (DRA) released the Regional Development Plan III (RDPIII) – an economic development strategy to help guide DRA’s 252-county region’s economic growth over the next five years. In RDPIII, DRA identifies three goals and related action items to guide its economic development efforts in the Delta region:

  • Read more about Delta Regional Authority Releases Economic Development Strategy for 252 Counties Across Eight States

Tech Talkin’ Govs, Part VI: FL defends economic approach, KY calls for outcomes-based education funding

Thursday, March 9, 2017

The last of the state of the state addresses are trickling in, with Florida’s governor this week making the case for the state’s economic development organization and business incentives, which the Florida House of Representatives have targeted for elimination. Last month Kentucky Gov. Matt Bevin called for education reform and highlighted the competition for state funds in workforce development. Ohio and Louisiana’s governors are scheduled to deliver their remarks in April.

  • Read more about Tech Talkin’ Govs, Part VI: FL defends economic approach, KY calls for outcomes-based education funding

State grants, partnerships focus on workforce needs in several states

Thursday, March 30, 2017

Noting a growing need for additional education to meet workforce needs, several states have announced programs focusing on education and workforce needs, channeling state funding to grants that will focus on aligning learning opportunities with business and industry needs, or creating new initiatives in the private sector. Reaching a higher educational attainment among a greater percentage of the workforce by 2025 is also a goal set by several of the states.

  • Read more about State grants, partnerships focus on workforce needs in several states

AR, ID make innovation investments

Thursday, April 27, 2017

As the state budgeting process comes to a close, SSTI will report over the coming weeks on actions taken by state legislatures to invest in economic growth through science, technology, innovation and entrepreneurship. Up this week is a look at commitments that legislatures in Arkansas and Idaho have made including funds for a new accelerator program, Manufacturing Extension Partnership (MEP) centers, and more than $14 million for a biosciences research institute.

  • Read more about AR, ID make innovation investments

Several Statewide TBED Issues Win Voter Approval

Wednesday, November 5, 2008

The outcome of Tuesday's election resulted in several wins and some defeats for TBED among the more than 150 ballot measures presented to voters across the nation. Outlined below are the unofficial election results of select ballot measures from each state's respective election office and local media reports as of Wednesday, Nov. 5.

  • Read more about Several Statewide TBED Issues Win Voter Approval

Arkansas Task Force Recommends State Investments in Tech Companies, Co-locating Economic Development Agencies

Wednesday, November 19, 2008

To attract and grow high technology businesses and streamline its economic development efforts, a task force created in 2007 to study economic competitiveness in Arkansas recommends the state remove its constitutional prohibition on state equity investments in priva

  • Read more about Arkansas Task Force Recommends State Investments in Tech Companies, Co-locating Economic Development Agencies

Cleveland Fed: Use Sector Partnerships to Address Employment Needs

Thursday, August 25, 2016

Opportunities for successful workforce development partnerships exist across a variety of industries and geographies, according to a recently released report from the Community Development Department at the Cleveland Fed. The report, Addressing Employment Needs through Sector Partnerships, includes five case studies from throughout the Federal Reserve’s Fourth District, which contains Western Pennsylvania, Eastern Kentucky, the panhandle of West Virginia and all of Ohio. Although sector-based initiatives have been around for quite some time, the Workforce Innovation and Opportunity Act, whose final regulations became publicly available in June 2016, places a strong emphasis on aligning education and job training with employer needs, according to the report’s authors Kyle Fee, Matt Klesta, and Lisa Nelson.

  • Read more about Cleveland Fed: Use Sector Partnerships to Address Employment Needs

KY, NH Launch New Workforce Programs to Address Industry Needs

Thursday, July 21, 2016

Kentucky and New Hampshire recently have announced job training initiatives to address the needs of key industries at both the local and state levels. The Kentucky Work Ready Skills Initiative, a $100 million statewide bond program, is intended to meet “the needs of employers and promote sustainable incomes for Kentuckians.” Meanwhile, the launch of New Hampshire’s Manufacturing Sector Partnership, a statewide collaboration for industries to address their workforce needs, was announced.

  • Read more about KY, NH Launch New Workforce Programs to Address Industry Needs

States launch cybersecurity efforts focused on building 21st century workforce, NIST releases cybersecurity framework

Thursday, August 17, 2017

Cybersecurity efforts have been increasing across the country. In July, Virginia Gov. Terry McAuliffe, who also serves as chair of the National Governors Association (NGA), announced that 38 governors signed A Compact to Improve State Cybersecurity – a multi-state, coordinated cybersecurity effort focused in three areas that will

Cybersecurity efforts have been increasing across the country. In July, Virginia Gov. Terry McAuliffe, who also serves as chair of the National Governors Association (NGA), announced that 38 governors signed A Compact to Improve State Cybersecurity – a multi-state, coordinated cybersecurity effort focused in three areas that will

  • Enhance state cybersecurity governance;
  • Prepare and defend their states from cybersecurity events; and,
  • Grow the nation’s cybersecurity workforce.

The compact was the culmination of McAuliffe’s Meet the Threat: States Confront the Cyber Challenge. In addition to the compact, new cybersecurity-focused economic development efforts have been launched in several states including Delaware, Kentucky, and Wyoming. Meanwhile, NIST has released a cybersecurity workforce framework intended for use by all sectors in the states

  • Read more about States launch cybersecurity efforts focused on building 21st century workforce, NIST releases cybersecurity framework

TBED People and Organizations

Wednesday, April 8, 2009

Karl Fooks, a past managing director for J.P. Morgan & Co. in Asia, is the new president of the Hawaii Strategic Development Corporation. Fooks replaces John Chock who retired last year.

  • Read more about TBED People and Organizations

Legislative Update: Arkansas and Georgia Pass FY10 Budgets

Wednesday, April 15, 2009

While there is no question that the economic recession has taken a toll on states' fiscal conditions, the degree by which states are affected can vary widely from one state to another, as evidenced most recently in Arkansas and Georgia. In Arkansas, legislators wrapped up their 2009 session with a plan to distribute a $300 million surplus, while the budget agreement made in Georgia would cut spending by $1.6 billion in the coming year.

  • Read more about Legislative Update: Arkansas and Georgia Pass FY10 Budgets

Kentucky and Michigan Charge Ahead on Advanced Battery Manufacturing

Wednesday, April 22, 2009

Within the last two weeks, both Kentucky and Michigan announced major developments in their ongoing efforts to build a statewide advanced battery industry. With these initiatives, the states hope to better position themselves for upcoming rounds of advanced battery development grants from the federal government and other future sources of investment.

  • Read more about Kentucky and Michigan Charge Ahead on Advanced Battery Manufacturing

Conference to Celebrate South's Auto Industry

Wednesday, May 12, 2010

Kentucky Governor Steve Beshear will host a conference sponsored by the Southern Technology Council exploring changing consumer demands and global competitions in the Southern automotive industry. The conference, titled Driving the Next 20 Years: Creating the New Automotive Industry in the South, will feature speakers from Toyota, Ford, Daimer and Nissan and panel discussions on auto R&D, site location and supporting the industry. The event will be held June 7-8 in Lexington, KY. Read more about the conference ...

  • Read more about Conference to Celebrate South's Auto Industry

Incubator RoundUp: Specialized Incubators Increasing Their Numbers Nationwide

Wednesday, March 10, 2010

Silicon Valley, a region often looked to for trends in the technology field, is expected to see a rise in the number of new high-tech incubators and the expansion of existing incubators in the coming months. A recent Wall Street Journal article points to these openings as a sign of revival for technology startup companies amid a relatively slow period last year as startup investment plunged during the recession.

  • Read more about Incubator RoundUp: Specialized Incubators Increasing Their Numbers Nationwide

State and Municipal Investments Seek To Overcome U.S. Broadband Setbacks

Thursday, February 20, 2014

Recent court decisions regarding high-speed Internet competition and net neutrality have put U.S. broadband competitiveness on uncertain terrain. Despite two decades of publically supported high-speed data infrastructure efforts, many rural areas still lack access and even densely populated areas remain underserved.  New statewide efforts in Kentucky, Minnesota and Iowa have been announced to improve broadband services and boost economic competitiveness. In addition, Google has announced that it will expand its ultra-fast fiber services to nine more cities across the country.

  • Read more about State and Municipal Investments Seek To Overcome U.S. Broadband Setbacks

States Pass Innovation-Focused Legislation

Wednesday, March 26, 2014

Investments and policy to support innovation-focused agendas have flourished with the close of the 2014 legislative sessions in several states. Crowdfunding legislation, incentives for attracting talent, higher education affordability, punishing patent trolls, and encouraging greater accountability are some of the areas where lawmakers focused their efforts.

  • Read more about States Pass Innovation-Focused Legislation

TBED People & Orgs

Thursday, April 3, 2014

Maria Contreras-Sweet has been confirmed as the administrator of the Small Business Administration.

Larry Ferguson has been chosen as the vice chancellor for economic development and workforce solutions at Kentucky Community College and Technical System.

  • Read more about TBED People & Orgs

Tech Talkin’ Govs: Part I

Thursday, January 9, 2014

Now in its 14th year, SSTI's Tech Talkin' Govs series has returned as governors across the country formally convene the 2014 legislative sessions. The series highlights new and expanded TBED proposals from governors' State of the State, Budget and Inaugural addresses. The first edition includes excerpts from speeches delivered in Idaho, Kentucky, New York, Virginia, and West Virginia.

  • Read more about Tech Talkin’ Govs: Part I

States Take Action to Capitalize on Angel Capital Recovery

Thursday, January 9, 2014

Angel capital has long played a vital role in state and regional innovation economies, but recent trends in investment capital have pushed angel investment to the fore. As the supply of seed stage venture capital declines in many parts of the country, angels have stepped in to bridge early stage funding gaps for technology startups. Many states have stepped up their efforts to attract and incentivize angel investment. Recent initiatives in Minnesota, Florida, Kentucky and West Virginia seek to book seed and early stage capital by working with angel investors.

  • Read more about States Take Action to Capitalize on Angel Capital Recovery

States of Innovation 2017: Free tuition moving into more state toolboxes

Thursday, October 12, 2017

This week we continue our series on state legislation pertaining to the innovation economy that has been enacted this year around the country. This second installment of the States of Innovation 2017 series deals with free tuition.

This week we continue our series on state legislation pertaining to the innovation economy that has been enacted this year around the country. This second installment of the States of Innovation 2017 series deals with free tuition.

A number of states took action to increase the education and skills of their workforce by implementing free or greatly reduced tuition programs at either community colleges or state colleges. The move to increase access to higher education while not new, took up increased urgency this year. With Arkansas, Florida, Kentucky, New York, North Carolina, Rhode Island and Tennessee all taking action this past year, Maine and North Carolina were among others considering other options but as of today’s publication not moving the proposals forward.

  • Read more about States of Innovation 2017: Free tuition moving into more state toolboxes

TBED People and Organizations

Wednesday, September 2, 2009

The newly-created Clean Energy Leadership Council, convened by the Washington governor's office and a state-wide public-private clean energy alliance, held its first meeting. The council will deliver a clean energy strategy and recommendations by December 1, 2010.

  • Read more about TBED People and Organizations

Flurry of TBED Tax Incentives Pervade State Legislatures amid Increased Scrutiny

Wednesday, March 13, 2013

Measuring impact is critical to the success and sustainability of any economic development initiative, and as the national debate over fiscal austerity and taxpayer spending continues, TBED organizations can expect increased scrutiny and accountability for their investments.

  • Read more about Flurry of TBED Tax Incentives Pervade State Legislatures amid Increased Scrutiny

TBED People and Orgs

Thursday, September 26, 2013

Oklahoma Gov. Mary Fallin announced that Jonna Kirschner, executive director of the Oklahoma Commerce Department, will serve on a transition team to establish a new workers’ compensation system. Vaughn Clark , the Commerce Department’s director of community development, was named as interim executive director.

  • Read more about TBED People and Orgs

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