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  • weekly_digest (434)
Displaying 376 - 400 of 434
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IL, MI, NJ Face Difficult Decisions in Upcoming Budget Negotiations

Thursday, February 25, 2016

Governors around the country continue to lay out priorities for the next legislative session. In the coming weeks, SSTI will review gubernatorial addresses and budget proposals related to economic development. This week, we highlight developments in Illinois, Michigan and New Jersey.

  • Read more about IL, MI, NJ Face Difficult Decisions in Upcoming Budget Negotiations

IL, MI Report Significant Uptick in University Economic Impact

Thursday, March 24, 2016

Illinois and Michigan are among the few states that support regular comprehensive examinations of the role higher education plays in the overall innovation economy. Organizations in both states recently completed studies on university-generated entrepreneurship, licensing, investment and employment, finding a steady rise in university economic impact over the past five years.  In both cases, the increase in university impact was linked to an expanding university role in supporting entrepreneurs and researchers.

  • Read more about IL, MI Report Significant Uptick in University Economic Impact

States targeting strategies to boost workforce

Thursday, May 24, 2018

State economic growth relies on the availability of a workforce capable of filling open positions. But increasingly around the country, one of the top concerns of employers is finding the right talent to fill these roles. Beyond corporate strategies in hiring, states are increasingly developing new initiatives to keep their pipeline of talent flowing.

  • Read more about States targeting strategies to boost workforce

Lawmakers Tackle Workforce, STEM and Higher Ed Policy

Thursday, June 26, 2014

Addressing accessibility, affordability and ensuring workforce preparedness topped legislators’ agendas in many states during the 2014 sessions. States and regions are increasingly competing for talent as the trend toward growing and nurturing innovation ecosystems continues.

  • Read more about Lawmakers Tackle Workforce, STEM and Higher Ed Policy

R&D and innovation funding sees some increases, more decreases in state budgets: CA, IL, MS, NC, OH

Thursday, July 13, 2017

Breaking a two-year impasse, legislators in Illinois were able to pass a state budget that reinstitutes an R&D tax credit and implements workforce development programs. In California, the Governor’s Office of Business and Economic Development (Go-Biz) will see a 28 percent increase in funding, while other innovation initiative are receiving level funding. In other states whose budgets SSTI analyzed this week for TBED-related funding, we found that Innovate Mississippi was able to maintain state funding and new funding was appropriated for workforce development at the state’s community and junior colleges; a variety of programs were cut in North Carolina; and, Ohio will not get funding for a state office focused on commercializing research across key industries that the governor had proposed. More findings from California, Illinois, Mississippi, North Carolina and Ohio are detailed below.

  • Read more about R&D and innovation funding sees some increases, more decreases in state budgets: CA, IL, MS, NC, OH

TBED funding to increase in some state budgets, cut in others; CA, HI, MN, NV, ND, RI

Thursday, January 26, 2017

SSTI has reviewed another mix of state budgets as governors across the country continue to release their proposals. Some states, like California and North Dakota, are seeing cuts in the amount of money designated for TBED-related work, while others like Minnesota are in a more favorable fiscal situation and continue to fund such initiatives. Still others, like Rhode Island, are proposing new initiatives.

  • Read more about TBED funding to increase in some state budgets, cut in others; CA, HI, MN, NV, ND, RI

CA stem cell agency exploring options

Thursday, November 30, 2017

The California Institute for Regenerative Medicine (CIRM) is exploring options for its future as funding provided through its bond issue dwindles.

The California Institute for Regenerative Medicine (CIRM) is exploring options for its future as funding provided through its bond issue dwindles. In a meeting earlier this week, two governing board committees of the agency focused on short and long term finances including a proposal to cut clinical awards by $68 million over the next two years, an effort to raise $222 million in private funding, and the possibility of a $5 billion ballot initiative in November 2020, according to the California Stem Cell Report.

  • Read more about CA stem cell agency exploring options

Los Angeles Leads U.S. Metros in Manufacturing Jobs

Thursday, September 4, 2014

The Los Angeles-Long Beach-Santa Ana metropolitan area is home to the largest number of manufacturing jobs in the country, according to data from the U.S. Bureau of Labor Statistics (BLS). Approximately 510,900 people are employed by manufacturing firms in the Los Angeles metro, about 100,000 more than in the Chicago-Joliet-Naperville area, which is ranked second for manufacturing employment. Other top metros include New York-Northern New Jersey-Long Island, Houston-Sugar Land-Baytown and Dallas-Fort Worth-Arlington.

  • Read more about Los Angeles Leads U.S. Metros in Manufacturing Jobs

ISTC Maps Strategy to Expand IL University-Industry Partnerships for Economic Prosperity

Thursday, September 25, 2014

Building stronger connections between universities and businesses in key industries could help generate new jobs, startups and technologies, according to an S&T roadmap released by the Illinois Science & Technology Coalition (ISTC). ISTC notes that the division between the state’s research universities and companies has limited Illinois’ competitiveness, despite its high overall level of innovative activity.

  • Read more about ISTC Maps Strategy to Expand IL University-Industry Partnerships for Economic Prosperity

CA, MN University Systems Take Different Approaches to Startup Support

Thursday, September 25, 2014

Within the past month, two of America’s major research universities – the University of California system (first in total R&D expenditures, according to the NSF) and the University of Minnesota-Twin Cities (eleventh in total R&D expenditures) announced new funds to increase the rate at which their students, faculties, and researchers are able to commercialize their ideas into new businesses.

  • Read more about CA, MN University Systems Take Different Approaches to Startup Support

CA Gov Signs Bill to Offer Bachelor’s Degrees in ‘High-Demand’ Fields at Community Colleges

Thursday, October 2, 2014

On September 28, California Gov. Jerry Brown signed SB 850 into law, which establishes a pilot-program that will allow 15 of the state’s community colleges to launch low-cost bachelor’s degree programs in vocational fields of high demand by state industries.

  • Read more about CA Gov Signs Bill to Offer Bachelor’s Degrees in ‘High-Demand’ Fields at Community Colleges

Chicago Launches Effort to Train, Employ 1,000 Manufacturing Workers

Wednesday, October 15, 2014

Mayor Rahm Emanuel and a coalition of Chicago organizations and private businesses have announced plans to place at least 1,000 workers in manufacturing jobs. The mayor’s 2015 budget proposal, presented this week, includes $200,000 for the effort, with another $750,000 in funds and in-kind contributions from partners. Recent growth in the region’s manufacturing sector has created an urgent need for workers with specific training and apprenticeships, according to the mayor’s announcement.

  • Read more about Chicago Launches Effort to Train, Employ 1,000 Manufacturing Workers

$20M Innovation Fund, Gov’s $1M Investment Highlight Chicago Innovation Exchange Grand Opening

Wednesday, October 22, 2014

With Gov. Pat Quinn, Mayor Rahm Emanuel, Sen.

  • Read more about $20M Innovation Fund, Gov’s $1M Investment Highlight Chicago Innovation Exchange Grand Opening

San Francisco, Austin Seek to Include More Residents in Tech Prosperity

Thursday, October 23, 2014

On the heels of a recent memo from the President’s Council of Advisors on Science and Technology (PCAST) highlighting the difficulty middle-skill workers are having finding a route into the modern economy, reports from two tech hotspots suggest that local action is needed to ensure that tech success translates into widespread economic prosperity.

  • Read more about San Francisco, Austin Seek to Include More Residents in Tech Prosperity

States, industry partners launch workforce training efforts focused on 21st century jobs in CA, KY, MD, MI, NC, TN

Thursday, April 12, 2018

Due to the effectiveness of employer-sponsored training program, U.S. states are working to build partnerships with industry partners that leverage public resources to help develop a 21st century workforce that addresses specific industry needs. Over the last month, partnerships have been announced between states and key industry leaders including AGCO, CVS, Tesla, and the U.S. Chamber of Commerce Foundation. Some of those collaborations are detailed below.

Due to the effectiveness of employer-sponsored training program, U.S. states are working to build partnerships with industry partners that leverage public resources to help develop a 21st century workforce that addresses specific industry needs. Over the last month, partnerships have been announced between states and key industry leaders including AGCO, CVS, Tesla, and the U.S. Chamber of Commerce Foundation. Some of those collaborations are detailed below.

  • Read more about States, industry partners launch workforce training efforts focused on 21st century jobs in CA, KY, MD, MI, NC, TN

Universities Re-imagine Alumni Engagement With Angel Networks, Crowdfunding

Thursday, November 13, 2014

Over the last several years, universities have been forced to reimagine ways that they engage with alumni beyond the traditional method of fundraising via alumni donations. These universities and their alumni associations want to increase alumni involvement and facilitate interactions between their high-achieving alumni, faculty, and students. Over this same time span, many universities have increased the size and scope of their entrepreneurship curricula and degree programs.

  • Read more about Universities Re-imagine Alumni Engagement With Angel Networks, Crowdfunding

Federal Labs Launch Pilot Program for Accelerator Research Stewardship

Wednesday, April 22, 2015

The Illinois Accelerator Research Center (IARC) is a new research facility for scientists and engineers from Fermilab, Argonne, and Illinois universities to work alongside industrial partners to develop breakthroughs in accelerator science and apply them to areas such as computing, health, indus

  • Read more about Federal Labs Launch Pilot Program for Accelerator Research Stewardship

Intrastate Crowdfunding Moves Forward in Five States

Wednesday, April 22, 2015

Even after equity crowdfunding reached a milestone earlier this month with new Securities Exchange Commission proposed rule changes, state legislatures across the country continue to pass intrastate crowdfunding bills.

  • Read more about Intrastate Crowdfunding Moves Forward in Five States

Delta Regional Authority Forms 35-Member Public-Private Research, Innovation Consortium

Wednesday, May 6, 2015

The Delta Regional Authority (DRA) announced the establishment of a consortium for research and innovation that is intended to have a long-term positive economic impact on the region. The 35-member consortium will be comprised of universities and other private and public institutions in eight states – Alabama, Arkansas, Illinois, Kentucky, Louisiana, Mississippi, Missouri, and Tennessee.

  • Read more about Delta Regional Authority Forms 35-Member Public-Private Research, Innovation Consortium

New Initiative Trains Engineers as Entrepreneurs to Support Regional Innovation

Wednesday, September 4, 2013

The Stanford Technology Ventures Program has launched a new program for Ph.D. students that provides training in entrepreneurship and innovation. But unlike other entrepreneurship programs the Accel Innovation Scholars Program takes a holistic approach, training students to prepare for roles that support regional innovation ecosystems.

  • Read more about New Initiative Trains Engineers as Entrepreneurs to Support Regional Innovation

CA Legislature Approves Expansion of iHub Program

Wednesday, September 4, 2013

New legislation passed by the California legislature would expand the state’s Innovation Hub (iHub) program, which supports commercialization and entrepreneurship at a regional level. The program initially was launched in March 2010 through the state’s Business, Transportation and Housing Agency.

  • Read more about CA Legislature Approves Expansion of iHub Program

Governments Benefiting from Tech Entrepreneurs: The Tables Have Turned

Wednesday, September 11, 2013

The field of technology-based economic development strives to provide opportunities and support for budding entrepreneurs and technology-based startups in hopes of strengthening our economies. But, policymakers and governments have much to gain directly from the pool of talented tech entrepreneurs. Technology startups are tapping into the $142 billion public sector market and are helping governments reduce costs and improve their services through innovative web applications and, in some cases, total system overhauls.

  • Read more about Governments Benefiting from Tech Entrepreneurs: The Tables Have Turned

CA Cluster Support Expands with Four New Innovation Hubs

Thursday, October 10, 2013

The California Governor's Office of Business and Economic Development is preparing to launch four new Innovation Hubs (iHubs) across the state. iHubs, strategically placed within existing clusters, serve as centers of collaboration for regional economic development agencies, venture capitalists, incubators, and higher education to develop joint programming for entrepreneurship (see the September 4 issue).

  • Read more about CA Cluster Support Expands with Four New Innovation Hubs

Careers in Nanotech Goal of Latest Investments in NY, IL

Thursday, October 31, 2013

A public-private investment of $1.5 billion to create a nanotech hub in upstate New York and a $250,000 educational investment in Illinois illustrate recent state efforts to elevate nanotechnology in workforce development. New York is putting $200 million toward the Nano Utica facility for purchasing new equipment. The initiative is being led by six global technology companies, and the facility will serve as a cleanroom and research hub for computer chip packaging and lithography development and commercialization.

  • Read more about Careers in Nanotech Goal of Latest Investments in NY, IL

Illinois Universities Keep Spinoff Companies Close to Home

Thursday, January 16, 2014

Of the 118 university-based startups launched in Illinois between 2006-13, about 73 percent remain in the state, according to the latest issue of the Illinois Innovation Index. The 2013 fourth quarter report of the Index focuses on the recent strides made by the state in building a stronger technology transfer pipeline. During the five-year period of 2008-12, Illinois universities received 47 percent more patents than they did during the 2003-07 period, almost triple the national growth rate.

  • Read more about Illinois Universities Keep Spinoff Companies Close to Home

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