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Type

  • weekly_digest (174)
Displaying 126 - 150 of 174
Authored on

Several energy cluster states in recession

Wednesday, March 1, 2017

The perils of regional economies being too dependent on single industry clusters, particularly as it affects the financing of state governments, are playing out in the Great Plains. Kansas, New Mexico, North Dakota, Oklahoma and Wyoming have been or still are experiencing recessions, beginning as early as spring 2015 for two, according to a new analysis by Jason P. Brown for the Tenth Federal Reserve District.

  • Read more about Several energy cluster states in recession

IA, ND, NY state budgets hit and miss on innovation funding

Thursday, May 11, 2017

SSTI continues its reporting on actions taken by state legislatures to invest in economic growth through science, technology, innovation and entrepreneurship. This week, we look at the budgets passed and signed by governors in Iowa, New York and North Dakota, finding mostly level and some increased funding for innovation programs in Iowa and New York – including free tuition at in-state colleges for qualifying residents – while North Dakota is looking at decreased funding for programs.

  • Read more about IA, ND, NY state budgets hit and miss on innovation funding

Tech Talkin' Govs, Part I

Wednesday, January 7, 2009

SSTI's ninth annual Tech Talkin' Govs series highlights new and expanded TBED proposals from governors' state of the state, budget and inaugural addresses. The first installment of the series includes excerpts from New York and North Dakota.

  • Read more about Tech Talkin' Govs, Part I

North Dakota Surplus Prompts Additional Spending for TBED Initiatives

Wednesday, December 10, 2008
As governor of one of only a handful of states to project a surplus for the upcoming fiscal year, Gov. John Hoeven outlined additional funding for several initiatives supporting North Dakota's TBED strategy in the FY 2009-11 biennium. Investments centered on diversifying the state's economy through agricultural and energy research, 21st century workforce training, and higher education support in Science, Technology, Engineering and Mathematics (STEM) fields are prominent in the governor's budget recommendations.
  • Read more about North Dakota Surplus Prompts Additional Spending for TBED Initiatives

2008 Excellence In TBED Winners Honored For Achievement In Building Tech-Based Economies

Wednesday, October 22, 2008

Four recipients selected as best practice models in technology-based economic development were honored during an awards ceremony last week in Cleveland during SSTI's 12th Annual Conference. The awards follow a national competition emphasizing impact and replicability in approaches to building and sustaining tech-based economies.

  • Read more about 2008 Excellence In TBED Winners Honored For Achievement In Building Tech-Based Economies

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

Useful Stats: Per Capita Personal Income by State, 2010-2015

Thursday, March 31, 2016

North Dakota led the country in per capita personal income gains between 2010-2015, according to data released by the Bureau of Economic Analysis (BEA). While average (mean) incomes rose 18.4 percent around the U.S. during that time, North Dakota incomes rose by 26.8 percent from $42,964 in 2010 to $54,376 in 2015. Changes in mean income can obscure discrepancies between demographic groups and concentration of wealth, but demonstrate some of the key economic trends of the last few years.

  • Read more about Useful Stats: Per Capita Personal Income by State, 2010-2015

Connecticut Governor Announces $250,000 Program to Assist High-Tech Manufacturers

Wednesday, January 6, 2010

High-tech manufacturers in Connecticut seeking to innovate and diversify their processes are eligible for grants of up to $25,000 each under a new pilot program announced last week by Gov. Jodi Rell. The goal of the Connecticut Small Business Innovation and Diversification Program is to help the state's small businesses develop, produce and commercialize new products while streamlining delivery of products and services, according to the governor's press office.

  • Read more about Connecticut Governor Announces $250,000 Program to Assist High-Tech Manufacturers

Connecticut Innovations Doubling Return to State Coffers

Wednesday, January 27, 2010

Most impact models look at broad measures, sometimes including multiplier estimates for indirect effects. Connecticut Innovations (CI) takes a different approach, but one that might be expected from the venerable equity investment program – the direct capital return to its initial stakeholder, the state.

Bottom line: the program pays for itself, according to recent impact study performed by Connecticut’s Department of Economic and Community Development.. In fact, it has paid nearly $2 for every dollar invested between 1995 and 2008.

  • Read more about Connecticut Innovations Doubling Return to State Coffers

Connecticut Gov. Proposes Economic Recovery Initiatives, Cuts TBED

Wednesday, February 10, 2010

Gov. Jodi Rell last week unveiled her FY11 midterm budget adjustments, eliminating or reducing funding for several TBED initiatives in the second year of the biennium. At the same time, the governor proposed an economic recovery package that includes a lending program for small businesses, a student loan forgiveness program to retain green collar workers, and a sales tax exemption for green energy industries.

  • Read more about Connecticut Gov. Proposes Economic Recovery Initiatives, Cuts TBED

TBED People

Wednesday, May 5, 2010

Jeff Blodgett, Vice President of Research, at the Connecticut Economic Resource Center, Inc. is retiring.

The University of Virginia has named W. Mark Crowell, vice president for business development at The Scripps Research Institute, to the newly created position of executive director and associate vice president for innovation partnerships and commercialization.

  • Read more about TBED People

CT Gov Signs Jobs Bill, FY11 Budget Agreement

Wednesday, May 12, 2010

A jobs bill that garnered near unanimous support in both legislative chambers was signed into law by Gov. Jodi Rell last week. The bill includes pre-seed funding for innovative ideas, a program authorizing tax credits for insurers investing in many different types of businesses, including technology startups, student loan reimbursements to retain green collar workers, a small business loan pool, and a green manufacturing pilot program.

  • Read more about CT Gov Signs Jobs Bill, FY11 Budget Agreement

North Dakota Centers of Excellence: $16.56 Impact for Each State Dollar spent So Far

Wednesday, January 13, 2010

Providing strong evidence for how public investments in research and TBED pay off even on a short time horizon, a recent impact analysis calculated the total impact from the first $19.9 million North Dakota spent over the past four years for the establishment of 20 Centers of Excellence across the state. The analysts from North Dakota State University reported a combined cumulative impact of $329.5 million for the 30 months ending June 2009. The total includes both direct reported results and estimates for indirect impacts.

  • Read more about North Dakota Centers of Excellence: $16.56 Impact for Each State Dollar spent So Far

Tech Talkin' Govs, Part IV

Wednesday, February 10, 2010

The fourth installment of SSTI's Tech Talkin' Govs series includes excerpts from speeches delivered in Alaska, Connecticut, Maryland, Michigan, Nevada, and Oklahoma. The first three installments are available in the Jan 13, Jan. 20 and Jan. 27 Digests.

  • Read more about Tech Talkin' Govs, Part IV

Tech Talkin’ Govs: Part V

Thursday, February 6, 2014

The fifth installment of SSTI’s Tech Talkin’ Govs series includes excerpts from speeches delivered in Connecticut, Maine, Oklahoma, and Tennessee.

  • Read more about Tech Talkin’ Govs: Part V

$25M Fund Would Help Modernize Connecticut Manufacturing, Gov Says

Thursday, February 6, 2014

Companies that locate in the 42 communities known as historic manufacturing hubs would be given priority to receive funds for modernizing production, purchasing equipment, developing new technologies, and training workers under a proposal introduced by Connecticut Gov. Dan Malloy.

  • Read more about $25M Fund Would Help Modernize Connecticut Manufacturing, Gov Says

Governors Prioritize Funding Toward High-Tech Facilities

Tuesday, February 11, 2014

Having world-class facilities to train workers or support research in fields most likely to benefit the state is a draw for many reasons. Attracting outside investment, retaining talent and generating buzz are just a few of the benefits. Last year, Connecticut lawmakers dedicated more than $2 billion to expand science and technology education on the campuses of the University of Connecticut, including construction of new STEM facilities and for building research and teaching labs. Michigan Gov. Rick Snyder is the latest state leader to announce funding proposals aimed at either constructing new facilities or making capital improvements for training students in high-wage, high-demand fields. Similar announcements were made earlier this year in Florida, Georgia, Rhode Island and Wyoming.

  • Read more about Governors Prioritize Funding Toward High-Tech Facilities

New York Launches $1B Green Bank; Other States Seeking Best Practices

Thursday, February 20, 2014

A proposal first announced during Gov. Andrew Cuomo’s 2013 State of the State address came to fruition earlier this month with a request for proposals (RFP) to fund clean energy projects through New York’s newly established green bank. A green bank is a state-sponsored nonprofit lender that provides long-term, low-cost financing support. Its purpose is to increase public-private investing in clean energy while offering consumers lower-cost energy solutions, according to the Green Bank Academy. Connecticut was the first state to establish a green bank in 2011, but several other states have demonstrated interest. Participants from at least 11 other states wanting to establish their own green banks recently attended the first Green Bank Academy in Washington, D.C.

  • Read more about New York Launches $1B Green Bank; Other States Seeking Best Practices

New $30M Fund Established to Help Connecticut Manufacturers Modernize

Wednesday, May 21, 2014

Lawmakers included $30 million in the recently enacted FY15 budget to establish a fund to help smaller manufacturers modernize and grow with priority given to companies located in the state’s 42 communities designated as historic manufacturing hubs. The budget also increases by $100 million the bond authorization for the Manufacturing Assistance Act, a program for larger companies that provides incentive-driven direct loans for projects with strong economic development potential. The proposals were part of Gov. Dan Malloy’s workforce development agenda outlined earlier this year.

  • Read more about New $30M Fund Established to Help Connecticut Manufacturers Modernize

ND-MN Group Develops Five-Year Plan to Sustain Prosperous Economy

Thursday, May 22, 2014

While it is common for states, regions or cities to develop economic strategies when times get rough, the Valley Prosperity Partnership hopes to capitalize on the unprecedented job growth the Red River Valley has experienced in recent years to build a more innovative economy. A new, five-year action agenda, drafted in partnership with Fourth Economy, offers many possible action items for the region, which includes parts of North Dakota and Minnesota.

  • Read more about ND-MN Group Develops Five-Year Plan to Sustain Prosperous Economy

People On The Move & TBED Organization Updates

Thursday, January 9, 2014

Ted McAleer has resigned as executive director of USTAR. Also Gary Herbert has announced the appointment of former Lt. Gov. Greg Bell as chair of the USTAR Governing Authority. Bell, now president and CEO of the Utah Hospital Association, takes the place of outgoing chair Dinesh Patel.

  • Read more about People On The Move & TBED Organization Updates

North Dakota Expands Innovate ND Entrepreneurship Program

Thursday, January 23, 2014

North Dakota has announced it will relaunch its Innovate ND business venture competition as a more expansive suite of services for innovative startups and entrepreneurs. Participants will receive vouchers for up to $2,500 to help pay for coaching and consulting services at an entrepreneurial center, development of a business plan or building a prototype. Education services also will be available, including biannual Entrepreneur Boot Camps.  Read the announcement…

  • Read more about North Dakota Expands Innovate ND Entrepreneurship Program

Manufacturing Resurgence Attracts Attention of State Legislatures

Thursday, June 26, 2014

The recent uptick in U.S. manufacturing activity, along with the attention generated by additive manufacturing and the Makers movement, has led to an increase in state initiatives to help cash in on this growth. In recent months, New York, Connecticut, Maryland, and Arizona have all taken steps to build stronger manufacturing sectors through research collaborations, grants and tax credits. Leaders in Colorado and New Jersey have pursued their own cluster-specific efforts to build stronger high-tech industries.

  • Read more about Manufacturing Resurgence Attracts Attention of State Legislatures

CT, WI sign budgets following difficult negotiations

Thursday, November 2, 2017

Connecticut and Wisconsin both ended their protracted budget negotiations with the governors signing budgets in late September and late October. Faced with budget constraints and uncertainty about the spending plan, Connecticut’s funding for economic and community development is decreasing along with funding for the state’s MEP center and Manufacturing Supply Chain program, with no general funds provided for them in the second year of the biennium.

Connecticut and Wisconsin both ended their protracted budget negotiations with the governors signing budgets in late September and late October. Faced with budget constraints and uncertainty about the spending plan, Connecticut’s funding for economic and community development is decreasing along with funding for the state’s MEP center and Manufacturing Supply Chain program, with no general funds provided for them in the second year of the biennium. Wisconsin appears to be maintaining its status quo on TBED-related initiatives and has increased funding to universities that increase enrollments for “high-demand” degree programs, making $5 million available on a competitive basis.

  • Read more about CT, WI sign budgets following difficult negotiations

TBED People and Orgs

Wednesday, February 27, 2013

Pramod Khargonekar has been selected to serve as the National Science Foundation's assistant director for the Directorate of Engineering.

Dan Blake will join the Wisconsin Technology Council as the director of its Wisconsin Angel Network in mid-March. Blake succeeds Zach Brandon, who recently became president of the Greater Madison Chamber of Commerce.

  • Read more about TBED People and Orgs

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