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Displaying 576 - 600 of 703
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California proposes billions for climate initiatives, additional money for innovation programs

Thursday, January 20, 2022

Earlier this month, California Gov. Gavin Newsom released his proposed FY 2022-2023 budget, which he said “reinforces our role as the global leader in climate protection, innovation and job creation.” The budget focuses on new investments and “positions the state as a global leader in innovation and solutions to both mitigate and adapt to the changing climate.” The proposal includes billions in one-time funding from various sources over five years to advance the state’s climate and opportunity budget and provide equitable climate solutions.

  • Read more about California proposes billions for climate initiatives, additional money for innovation programs

Entrepreneurial Black households found to have highest business return rates

Thursday, February 23, 2023

On average, Black households engaged in entrepreneurial activity have a higher rate of return on their business in comparison to Hispanic and white households, according to an Economic Commentary from the Federal Reserve Bank of Cleveland. Public policy encouraging and supporting minority entrepreneurship and innovation pays profits as well as social dividends, the study reveals.

  • Read more about Entrepreneurial Black households found to have highest business return rates

New Developments in Capital: Strong Results Announced, New Funds Created

Thursday, April 21, 2016

In the last month, major new developments have occurred in TBED capital programs. Launch Tennessee and Pittsburgh-based Innovation Works both announced positive findings about the growth of their startup investment ecosystems with $1 billion being raised by Tennessee startups from 2012 to early 2016 and over $279 million invested in Pittsburgh startups in 2015. Meanwhile in Ohio, both Youngstown-based and Cincy-based startups will see an influx of capital, while a new $150 million fund focused on stem cell companies and regions has been launched.

  • Read more about New Developments in Capital: Strong Results Announced, New Funds Created

Tech Talkin’ Govs: Kasich zeroes in on innovation

Thursday, April 6, 2017

Ohio Gov. John Kasich is one of the last governors to deliver a state of the state address, which he did Tuesday evening. The former presidential contender assured the audience that he is “not running for anything,” but wanted to thank those who worked on managing the state budget. He used the address to focus on a variety of topics, including tech and innovation initiatives in the state, and educational efforts to support those industries. Kasich did not read a prepared speech and the following comments were taken from a transcript of his address:

  • Read more about Tech Talkin’ Govs: Kasich zeroes in on innovation

Ohio Third Frontier reinvests in Dayton-, Toledo-based entrepreneurial support

Thursday, April 13, 2017

The Ohio Third Frontier Commission (Third Frontier) has announced investments in entrepreneurial service providers (ESP’s) in the Dayton and Toledo regions. A new collaboration focused on health innovation will lead the initiative in Toledo, while an existing entrepreneurial center will lead programming in Dayton. Both regions had been among Ohio’s largest without a dedicated ESP. The state also awarded funds for its first joint-university program at Cleveland State University and Kent State University, and for commercialization activities at Cincinnati Children’s Hospital.

  • Read more about Ohio Third Frontier reinvests in Dayton-, Toledo-based entrepreneurial support

$17M California makers initiative creating community college model

Wednesday, March 1, 2017

The nation’s largest system of higher education with over 2 million students is trying to connect community colleges to their regional economies through a three-year, $17-million-dollar investment to establish a statewide network of maker-focused colleges. The California Community College (CCC) Maker Initiative may provide a model for community colleges to infuse making, innovation, and entrepreneurship into students’ college experiences while helping them prepare for STEM/STEAM careers with the necessary skills for 21st Century jobs.

  • Read more about $17M California makers initiative creating community college model

Government innovation offices popping up

Thursday, March 30, 2017

Government offices focused on innovation have been around for several years, yet some states and even the federal government are seeking new ways to incorporate the concept into their offices. This week the White House announced a new Office of American Innovation, while earlier this month Rhode Island used its Office of Innovation to launch a new effort called the Government Innovation League, and in January Ohio’s governor proposed funding a new state office focused on innovation, emerging technologies and their job-creation potential.

  • Read more about Government innovation offices popping up

TBED People and Organizations

Wednesday, December 10, 2008

Gov. Jim Douglas plans to merge the Vermont Departments of Economic Development and Housing and Community Affairs.

  • Read more about TBED People and Organizations

SSTI Brought 1,400+ Funding Opportunities to Subscribers in 2008

Wednesday, January 14, 2009

Since the SSTI Funding Supplement became a members-only publication in 2006 more than 4,250 funding opportunities have been distributed. In 2008 only, there were more than 1,400 different opportunities for your client companies and university research faculties to secure funding -- if you were an SSTI member. Competition for federal research funding is growing, particularly as program budgets have been relatively flat or declining in recent federal budget cycles.

  • Read more about SSTI Brought 1,400+ Funding Opportunities to Subscribers in 2008

New Initiatives in Wisconsin and Ohio Feature Specialized Life Science Pushes

Wednesday, October 22, 2008

For several years governors across the country have announced life science and biotech initiatives that are as broad as they are large. The devil is in the details, and in most cases related to bio-based economic development, so are the opportunities.

  • Read more about New Initiatives in Wisconsin and Ohio Feature Specialized Life Science Pushes

SSTI Job Corner

Wednesday, October 22, 2008

Complete descriptions of these opportunities and others are available at http://www.ssti.org/posting.htm.

  • Read more about SSTI Job Corner

Election Preview: Voters to Decide on Statewide TBED Issues

Wednesday, October 29, 2008

While the Presidential election takes center stage on November 4, voters in several states also will cast their votes on statewide ballot issues affecting the TBED community. In addition to the 11 gubernatorial races and more than 5,800 state legislative seats up for grabs, voters across the nation will consider measures to provide funding for public education, expand investment in alternative and renewable energy, lift restrictions on stem-cell research, and eliminate income tax and state spending caps.

  • Read more about Election Preview: Voters to Decide on Statewide TBED Issues

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

States Explore Policy Options in Promoting Clean and Efficient Energy

Wednesday, November 12, 2008

Oregon

  • Read more about States Explore Policy Options in Promoting Clean and Efficient Energy

SSTI's TBED Hall of Success goes LIVE!

Wednesday, December 3, 2008

Due to overwhelming interest, SSTI's first poster session, held at SSTI's 12th Annual Conference in Cleveland mid October, is now available online 24 hours a day - 7 days a week. You can view more than 35 posters celebrating why states, regions, universities and related organizations engage in technology-based economic development (TBED).

  • Read more about SSTI's TBED Hall of Success goes LIVE!

Ohio Passes Innovation District Law

Thursday, June 16, 2016

Ohio Gov. John Kasich signed a bill (HB 233) last month that authorizes cities and villages to create Downtown Redevelopment Districts (DRDs) that can address innovation districts and/or historic rehabilitation. The DRDs permit tax abatements of up to 70 percent of increased assessments in conjunction with payments in lieu of taxes (PILOTs) or a redevelopment charge that functions as a special assessment tax. In the case of innovation districts, these charges may be used to fund loans or grants to technology businesses—specifically including R&D and technology transfer activities—or to incubators or accelerators in the district.

  • Read more about Ohio Passes Innovation District Law

Universities Seek External Funds for Big Data R&D Centers

Thursday, August 25, 2016

The big data technology and services market is expected to grow at a compound annual rate of 23.1 percent over the 2014-2019 forecast period, with annual spending projected to reach$48.6 billion in 2019, according to a 2015 study from IDC – a market research firm. Hoping to leverage this exponential growth into research and economic development opportunity, several universities are fund raising to establish new big data R&D Centers in the communities they serve.

  • Read more about Universities Seek External Funds for Big Data R&D Centers

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

Columbus – Home of SSTI’s 2016 Annual Conference – Designated ‘Smart City’ by USDOT

Thursday, June 30, 2016

Last week, the U.S. Department of Transportation announced that Columbus, home to SSTI’s 2016 Annual Conference, has won a $40 million grant from the agency, beating out five other cities in the Smart City Challenge.

  • Read more about Columbus – Home of SSTI’s 2016 Annual Conference – Designated ‘Smart City’ by USDOT

States Commit to Improve Economic Prosperity Through Increased Broadband Access

Thursday, July 21, 2016

A month after a federal court ruled that high-speed Internet service can be defined as a utility, four states have announced commitments to expand high quality, reliable broadband services to rural areas and other underrepresented groups. Two Midwest states, Wisconsin and Minnesota, will provide funding to help support projects that improve access to broadband and spur economic prosperity.

  • Read more about States Commit to Improve Economic Prosperity Through Increased Broadband Access

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

State Auto Labs partners with Rev1 Ventures on $25 million fund

Thursday, September 28, 2017

Columbus-based State Auto Labs, the innovation arm of the State Automobile Mutual Insurance Company, is collaborating with venture development organization Rev1 Ventures on a $25 million corporate venture fund to support innovation and entrepreneurship in the insurance industry. Through the partnership, Rev1 Ventures and State Auto Labs will help connect InsurTech and FinTech startups with resources such as capital, technologists, and industry experts.

  • Read more about State Auto Labs partners with Rev1 Ventures on $25 million fund

$24M grant to spur Ohio, New York communities

Thursday, August 3, 2017

In an effort designed to stimulate economic growth and workforce development in Ohio and New York communities, KeyBank Foundation announced a $24 million grant awarded to JumpStart, Inc. The grant represents the foundation’s single largest philanthropic commitment to date.

In an effort designed to stimulate economic growth and workforce development in Ohio and New York communities, KeyBank Foundation announced a $24 million grant awarded to JumpStart, Inc. The grant represents the foundation’s single largest philanthropic commitment to date. Ray Leach, CEO of JumpStart said in a prepared statement that the grant “will dramatically increase the impact of entrepreneurs and small businesses on neighborhoods and communities." Leach went on to say that the grant will provide capital for more startup and scaling companies, and will increase the participation of minorities and women in the growth of those companies.

  • Read more about $24M grant to spur Ohio, New York communities

Ohio's Third Frontier Initiative Reports 9:1 Leverage as Future Funds are Sought

Tuesday, April 28, 2009

The most recent annual report of Ohio's Third Frontier initiative announced $3.52 billion in non-state resources has been provided for affiliated projects and companies - a nine to one ratio of state dollars leveraged. Since the Third Frontier's creation in 2002, $893 million in state funds have been awarded, with $403 million of that amount expended to date.

  • Read more about Ohio's Third Frontier Initiative Reports 9:1 Leverage as Future Funds are Sought

Live Chat! Get the Answers to Your Questions About the Excellence in TBED Awards

Tuesday, April 28, 2009

SSTI is hosting an informal phone call on Wednesday, May 13 at 2:00 PM EDT to answer your questions about the 2009 Excellence in TBED Awards.

Who should join the call? 

Anyone considering submitting an application for the 2009 awards cycle or anyone who wants to learn more about the program will find the call useful.

  • Read more about Live Chat! Get the Answers to Your Questions About the Excellence in TBED Awards

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