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Type

  • weekly_digest (434)
Displaying 301 - 325 of 434
Authored on

Illinois Launches $10.3M STEM Partnership Initiative

Wednesday, September 19, 2012

llinois Gov. Pat Quinn has announced the details of a $10.3 million planned partnership to develop "STEM Learning Exchanges" across the state. Eight organizations will be awarded contracts to work with regional, educational and business networks to aggregate curricular resources, assessment tools, professional development systems, work-based learning opportunities and problem-based learning challenges. Funding for the initiative will be drawn from $2.3 million in federal Race to the Top funds, with another $8 million leveraged from private partnerships.

  • Read more about Illinois Launches $10.3M STEM Partnership Initiative

Illinois Debuts $72.5M Smart Grid Fund

Wednesday, September 26, 2012

The Illinois Science & Energy Innovation Foundation, a $72.5 million investment fund approved by the state's General Assembly last year, debuted this week. While 70 percent of the fund will be used to educate consumers about smart grid technology, another $22.5 million, provided by utility companies, will support grants, loans and contracts to groups working on smart grid technologies, according to the Chicago Tribune.

  • Read more about Illinois Debuts $72.5M Smart Grid Fund

TBED and the 2012 Ballots

Wednesday, October 3, 2012

Voters in 37 states will decide on more than 170 ballot measures this year, many of which are related to tech-based economic development (TBED). Tax measures seem to be dominating ballots this year, with questions relating to both decreases and increases for sales, property and income taxes. Several states are counting on voters to agree to temporary increases to help fill budget deficits and ensure steady funding for education.

  • Read more about TBED and the 2012 Ballots

Key Metrics of Illinois Innovation Economy Point to Improved Economic Growth

Wednesday, October 3, 2012

A culmination of twelve months of data measuring the Illinois innovation economy finds improved economic growth in four sectors: dynamism, capital, talent, and business climate. Positive indicators include record growth in university startups and a significant increase in invention disclosures and patents awarded to Illinois universities. Additionally, venture capital funding reached a ten-year high of $1.4 billion in 2012.

  • Read more about Key Metrics of Illinois Innovation Economy Point to Improved Economic Growth

$20M Awarded to 10 Public-Private Regional Partnerships Geared towards Advanced Manufacturing Initiatives

Wednesday, October 10, 2012

The Obama administration announced winners of the Advanced Manufacturing Jobs and Innovation Accelerator Challenge on Tuesday. The challenge — publicized earlier this year — is one of the key initiatives of the interagency Taskforce for the Advancement of Regional Innovation Clusters and is sponsored by a partnership between the U.S. Department of Commerce, the National Institute of Standards and Technology, the Departments of Energy and Labor, and the Small Business Administration.

  • Read more about $20M Awarded to 10 Public-Private Regional Partnerships Geared towards Advanced Manufacturing Initiatives

Race for the Renewable Energy Pay-Off: Recent State Actions

Wednesday, June 30, 2010

Over the past few months, several states have announced efforts aimed at reducing the nation's dependence on oil. While the importance and urgency of such efforts is perhaps magnified in the wake of one of the worst U.S. environmental disasters, the shift to a renewable energy-focused economy also brings with it the expectation of job creation, new product development, and increased revenue for states struggling in the aftermath of the Great Recession.

  • Read more about Race for the Renewable Energy Pay-Off: Recent State Actions

Illinois Approves Angel Investment Credit, Extends R&D Credit

Wednesday, June 30, 2010

Illinois Gov. Pat Quinn recently signed legislation approving a new tax credit to encourage angel investment and extending the state's R&D tax credit one more year. The Innovation Development and Economy Act (SB 2093) allows eligible angel and early-stage institutional investors to take a 25 percent tax credit on investments in small, technology firms. Up to $2 million may be claimed on an individual investment for a $500,000 tax credit. The program is capped at $10 million and will be effective on Jan 1, 2011.

  • Read more about Illinois Approves Angel Investment Credit, Extends R&D Credit

Los Angeles County Adopts New Strategy for Job Creation

Wednesday, January 13, 2010

The Los Angeles County Economic Development Corporation has approved what is being called the region's first consensus strategic plan for economic development. The plan includes support for local research and commercialization activities, sector-based worker training and placement programs and provides assistance to entrepreneurs. Read more at: http://www.lacountystrategicplan.com.

  • Read more about Los Angeles County Adopts New Strategy for Job Creation

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

IL Gov Calls for Expansion of Jobs Plan to Include Green Economy Initiatives

Wednesday, March 17, 2010

Gov. Pat Quinn unveiled last week the FY11 capital budget outlining the state's progress on the $31 billion Illinois Jobs Now plan enacted last year by the legislature (see the July 29, 2009 Digest). The governor is seeking an expansion of the program, which includes new appropriations for green economy initiatives within the Department of Commerce and Economic Opportunity (DCEO).

  • Read more about IL Gov Calls for Expansion of Jobs Plan to Include Green Economy Initiatives

States Seek To Increase Renewable Portfolio Standards

Wednesday, March 17, 2010

Adding to a growing number of states seeking to increase their percentage of power from renewable sources, Gov. Jack Markell last week introduced the Delaware Clean Energy Jobs Act.  A key component of the legislation is increasing the state's Renewable Portfolio Standard (RPS), which governors often say generates job growth.

The overarching goal of the Delaware bill is to create a competitive climate for the clean energy market, which is addressed under four main goals, including:

  • Read more about States Seek To Increase Renewable Portfolio Standards

Academic Inventors' Bill of Rights Previewed at AUTM Conference

Wednesday, March 24, 2010

A group of inventors, academics and researchers presented an aspirational list of inventors' rights at the Association of University Technology Managers (AUTM) Annual Meeting held last week. The Academic Inventors' Bill of Rights includes protections for researchers and students to prevent onerous university intellectual property policies and lack of transparency from preventing successful commercialization. The full document will be available later this week at:  http://www.ipadvocate.org/

  • Read more about Academic Inventors' Bill of Rights Previewed at AUTM Conference

CA Gov Signs Bill Incentivizing Clean Tech Entrepreneurs

Wednesday, March 31, 2010

Gov. Arnold Schwarzenegger last week signed a bill creating a sales tax exemption for equipment used by clean-tech manufacturers — a measure the governor hopes will attract entrepreneurs investing in the clean energy sector. SB 71 is part of the governor's $500 million jobs initiative announced during his State of the State address that aims to train up to 140,000 workers create 100,000 jobs.

  • Read more about CA Gov Signs Bill Incentivizing Clean Tech Entrepreneurs

TBED People

Wednesday, March 31, 2010

Bryan Allinson has joined Ohio University as director of technology transfer.

  • Read more about TBED People

California Launches New Office of Economic Development

Wednesday, April 14, 2010

California Governor Arnold Schwarzenegger has signed an executive order establishing the Governor's Office of Economic Development. The new office will offer assistance to businesses, connect entrepreneurs to state and regional organizations and encourage collaboration among research institutions and the private sector to promote emerging sectors. Read the announcement at: http://gov.ca.gov/press-release/14844/.

  • Read more about California Launches New Office of Economic Development

TBED People

Wednesday, April 14, 2010

California Gov. Arnold Schwarzenegger signed an executive order establishing the Governor's Office of Economic Development and appointed Joel Ayala as the director of the new office.

  • Read more about TBED People

Tech Talkin' Govs: Part IV

Wednesday, February 1, 2012

The fourth installment of SSTI's Tech Talkin' Govs' series includes excerpts from speeches delivered in Illinois, New Hampshire, Tennessee, and Rhode Island. The first three installments are available in the Jan. 11, Jan. 18 and Jan. 25 editions of the Digest. Illinois Gov. Pat Quinn, State of the State Address, Feb. 1, 2012 "Today, I'm announcing a $2.3 million dollar investment in '1871,' a new technology center at the Merchandise Mart in Chicago to foster and launch digital start-ups.

  • Read more about Tech Talkin' Govs: Part IV

Chicago Economic Plan Emphasizes Advanced Manufacturing

Wednesday, February 29, 2012

his week Chicago mayor Rahm Emanuel released the first draft of a long-term plan for the city's economic growth and job creation. The plan provides ten over-arching strategies to guide Chicago's economic development efforts, the first of which is a focus on advanced manufacturing. The plan also calls on the city to support entrepreneurship and innovation in emerging technology sectors.

  • Read more about Chicago Economic Plan Emphasizes Advanced Manufacturing

Illinois, Massachusetts, Maine Release Innovation Indices

Wednesday, March 21, 2012

While many state programs provide periodic reports on their activities and impacts, a few states provide regular data on their innovation economy as a whole. These reports can be useful in assessing a state's overall approach to TBED and in finding new areas for strategic intervention. Recently, groups in Massachusetts, Maine and Illinois separately released innovation indices that provide quantitative guides to their state's progress in fostering innovation.

  • Read more about Illinois, Massachusetts, Maine Release Innovation Indices

CA Tobacco Tax for Cancer Research Losing by Slim Margin

Wednesday, June 13, 2012

Although official results may not be declared until July, a statewide ballot measure that would raise taxes on tobacco products to fund cancer research was losing by a vote of 50.4 percent to 49.6 percent, according to unofficial results reported Wednesday from the California secretary of state.

  • Read more about CA Tobacco Tax for Cancer Research Losing by Slim Margin

TBED People & Orgs

Wednesday, June 13, 2012

Richard Bendis has been named the first president and CEO of BioHealth Innovation, Inc. a regional private-public partnership focusing on commercializing market-relevant biohealth innovations and increasing access to early stage funding in Central Maryland.

  • Read more about TBED People & Orgs

TBED People and Orgs

Wednesday, April 3, 2013

Mark Lytle has been named the University System of Georgia's new vice chancellor for economic development.

Frederick Cartwright has been appointed the executive director of the Clemson University International Center for Automotive Research.

  • Read more about TBED People and Orgs

States Position Themselves to Compete in Domestic Drone Industry

Wednesday, June 12, 2013

While public debate rages over the role of surveillance in our society, one particularly infamous government surveillance technology, drones, is being prepared for private sector deployment in the U.S. Drone-related technologies are predicted to revolutionize commerce in the U.S., with industry projections valuing their initial deployment as an $82 billion boost to the national economy.

  • Read more about States Position Themselves to Compete in Domestic Drone Industry

TBED People and Orgs

Wednesday, June 12, 2013

Yuka Nagashima, executive director of the High Technology Development Corp. and center director for the Innovate Hawaii program, has resigned from both posts and will leave the state agency in August. Nagashima will be leaving for Denmark to support her husband's research career. Len Higashi, current senior economic development manager, was selected to become the acting executive director.

  • Read more about TBED People and Orgs

Legislative Wrap-Up: States Dedicate Funds to Address Skills Mismatch

Wednesday, June 19, 2013

For several states, this year's legislative session resulted in continued austerity toward new investments and level funding for established tech-based initiatives producing good results. Workforce initiatives seemed to be the exception, garnering greater attention from state leaders eager to boost employment numbers — especially in high-tech fields.

  • Read more about Legislative Wrap-Up: States Dedicate Funds to Address Skills Mismatch

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