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  • weekly_digest (191)
Displaying 126 - 150 of 191
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NY Gov Proposes Continued Support for Upstate Economies; ID, IA Govs Pitch Workforce Efforts

Friday, January 15, 2016

With the start of the new year, many governors around the country have begun laying 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 Idaho, Iowa and New York.

  • Read more about NY Gov Proposes Continued Support for Upstate Economies; ID, IA Govs Pitch Workforce Efforts

CT Budget Bill Would Create Independent TBED Organization, Programs

Thursday, June 2, 2016

Ten Connecticut startups competed in a $10,000 pitch competition at CTNext last week, but the five-year-old state initiative finds itself the winner of a much higher-stakes appraisal. Gov. Dannel Malloy approved the FY 2017 state budget bill on June 2, which will make CTNext an independent organization with $67 million in bonding support.

  • Read more about CT Budget Bill Would Create Independent TBED Organization, Programs

State Budgets Target Investments in Workforce, Higher Education

Thursday, January 15, 2015

As governors around the country begin their newest terms, their proposed budgets are beginning to take shape. Although few governors specifically target technology based economic development, after the first wave of budgets a variety of initiatives related to workforce development and higher education have garnered support.

  • Read more about State Budgets Target Investments in Workforce, Higher Education

Tech Talkin’ Govs: Energy, Workforce Initiatives Prominently Featured in Gubernatorial Addresses

Thursday, January 15, 2015

SSTI's Tech Talkin' Govs series has returned as governors across the country formally convene the 2015 legislative sessions. The series highlights new and expanded TBED proposals from governors' State of the State, Budget and Inaugural addresses.

  • Read more about Tech Talkin’ Govs: Energy, Workforce Initiatives Prominently Featured in Gubernatorial Addresses

Have State Stem Cell Programs Been Effective in Boosting Research?

Thursday, February 19, 2015

Over the past decade stem cell research has been touted as a game-changer in the life sciences and a potential fount of new biomedical innovations. As a result, several states have launched targeted programs to support stem cell research, despite the controversy that tends to surround the field. New research suggests that these programs have been effective at increasing the output of researchers in their respective states.

  • Read more about Have State Stem Cell Programs Been Effective in Boosting Research?

CT, IL, NH, TX Budget Proposals Support STEM, Workforce, Research

Thursday, February 19, 2015

This week, governors in Connecticut, Illinois, New Hampshire, and Texas revealed their budget proposals, with commonalities around STEM education, workforce development, and university research initiatives. Governors in two states, New Hampshire and Texas, made growth in the innovation economy a specific priority area of their proposed budgets.

  • Read more about CT, IL, NH, TX Budget Proposals Support STEM, Workforce, Research

Budget Update: Economic Development Remains Priority Despite Contentious Debates in Many States

Thursday, July 16, 2015

Now that many governors have signed spending bills and legislative sessions are drawing to a close, the SSTI Digest will check on the status of proposals related to the innovation economy, and examine the state of technology-based economic development funding in the states. This week, we review spending bills in Alaska, Connecticut, Louisiana, South Carolina and Vermont.

  • Read more about Budget Update: Economic Development Remains Priority Despite Contentious Debates in Many States

CT Launches Apprenticeship Program to Capitalize on Advanced Manufacturing Opportunities

Thursday, August 27, 2015

Connecticut Gov. Dannel Malloy recently announced the launch of a manufacturing apprenticeship program that will provide wage subsidies and tuition reimbursement to participating students. The effort will begin as a two-year, $7.8 million initiative, focused on advanced manufacturing industries, including aerospace, medical devices, composite materials, digital manufacturing and others. Funding will derive from the state’s Manufacturing Innovation Fund.

  • Read more about CT Launches Apprenticeship Program to Capitalize on Advanced Manufacturing Opportunities

Early Stage Capital Measures Pass in KS, TN, and WV, In Limbo for AZ and ND

Wednesday, May 11, 2016

A mixture of success and trepidation accompanied 2016 legislation introduced in  several states to create, extend, or recapitalize angel tax credit programs. While legislation in Arizona’s legislature failed due to a lack of support, angel tax credit bills in Kansas and Tennessee passed easily with broad support from their governors, lawmakers, and the public. In North Dakota, the state’s angel tax credit program faces an unclear future due to concerns about transparency and oversight. To stimulate investments in West Virginia’s startup community, Gov.

  • Read more about Early Stage Capital Measures Pass in KS, TN, and WV, In Limbo for AZ and ND

States’ fiscal picture improves with growing economy

Thursday, August 16, 2018

The ability of states to deliver the services promised to its residents relies on their fiscal soundness. With most states beginning their fiscal year in July, SSTI has reviewed the current fiscal standing for each state and here presents a snapshot of our findings.

The ability of states to deliver the services promised to its residents relies on their fiscal soundness. With most states beginning their fiscal year in July, SSTI has reviewed the current fiscal standing for each state and here presents a snapshot of our findings.

Most states ended their fiscal year with a surplus and continue to recover from the Great Recession, with a growing economy and job gains. However, they face continuing demands on their budgets, with expanded Medicaid payments and the growing opioid crisis confronting nearly every state. Such decisions affect the state’s ability to fund innovation efforts, from the amount of support available for higher education and STEM programs, to funding for entrepreneurship, and forging public private partnerships to strengthen innovation programming that the private sector cannot fully support.

Our analysis found that some states that rely on the energy sector to fund their spending priorities continue to struggle, while others are already factoring in anticipated revenues as a result of new Supreme Court rulings involving gaming and online sales tax collections.

  • Read more about States’ fiscal picture improves with growing economy

New Faces in Gubernatorial Offices

Thursday, November 10, 2016

Twelve gubernatorial seats were up for election Tuesday, five of which were held by incumbents seeking reelection. Four of those – Montana Gov. Steve Bullock (D), Oregon Gov. Kate Brown (D), Utah Gov. Gary Herbert (R) and Washington Gov. Jay Inslee (D) – were reelected for second terms. In North Carolina, Democratic candidate and State Attorney General Roy Cooper has a lead of less than one percent over incumbent Gov. Pat McCrory. Gov. McCrory has not conceded and the result is pending a canvass of votes, which may not be complete until November 18.

  • Read more about New Faces in Gubernatorial Offices

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

2014 Bills Tackle Crowdfunding, Tax Credits, Startup Capital and More

Tuesday, February 18, 2014

Several bills aimed at supporting startups, advancing research and improving the workforce have been introduced with the start of the 2014 sessions. Some of the proposed legislation offers a glimpse into the investment priorities of governors and lawmakers in the wake of economic recovery. Providing innovative companies with access to startup funds is a continued theme from previous years. Some states are seeking to expand tax credits for angel investors or offer new tax credits to encourage emerging industries. Other bills focus on generating more skilled workers quickly and positioning universities to enhance regional economic competitiveness.

  • Read more about 2014 Bills Tackle Crowdfunding, Tax Credits, Startup Capital and More

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

AL, CT, FL, MI, MO, OK, PA and WI budget proposals boost and cut TBED

Thursday, February 9, 2017

In the latest round of state budget proposals, TBED initiatives receive mixed reviews. Some governors are boosting funding while others in cash-strapped states are proposing cuts.

  • Read more about AL, CT, FL, MI, MO, OK, PA and WI budget proposals boost and cut TBED

EDA Announces Grants to Spur Manufacturing Growth, Address Declining Coal Industry

Thursday, August 18, 2016

Since the beginning of July, the Economic Development Administration (EDA) has announced almost $7.3 million in grants to support advanced manufacturing and support workforce development efforts in communities impacted by the decline coal industry. In Florida and Washington, the EDA announced funding to support the facilities that can house local manufacturing firms and provide the space and equipment necessary for them to create jobs.

  • Read more about EDA Announces Grants to Spur Manufacturing Growth, Address Declining Coal Industry

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

Nine states explore science policy fellowships

Thursday, February 23, 2017

After training nearly 80 PhD scientists and engineers in the craft of policy making, the California Council on Science and Technology (CCST) has awarded planning grants to nine other states to evaluate the potential to create a policy fellowship for scientists and engineers in their state capital. The new one-year grant, which is administered by CCST and funded by the Gordon and Betty Moore Foundation and the Simons Foundation, will support teams in Alaska, Colorado, Connecticut, Idaho, Massachusetts, Michigan, New Jersey, North Carolina, and Washington as they work on feasibility studies and other strategic steps toward creating science fellowships in their state policy arenas.

  • Read more about Nine states explore science policy fellowships

Tech Talkin’ Govs 2018, part 3: DE, NM, RI, VA, WV governors focus on education, jobs for innovation initiatives

Thursday, January 25, 2018

SSTI’s Tech Talkin’ Govs feature continues as governors across the country roll out their state of the state addresses. We review each speech for comments relevant to the innovation economy, and bring you their words directly from their addresses. In this third installment, we present excerpts from governors in Delaware, New Mexico, Rhode Island, Virginia and West Virginia.

SSTI’s Tech Talkin’ Govs feature continues as governors across the country roll out their state of the state addresses. We review each speech for comments relevant to the innovation economy, and bring you their words directly from their addresses. In this third installment, we present excerpts from governors in Delaware, New Mexico, Rhode Island, Virginia and West Virginia.

Many of the governors across the country are delivering the final addresses and taking the time to look back over their term on accomplishments while others are looking forward to new initiatives. The Delaware governor’s comments in the innovation space centered on jobs and strengthening training opportunities while in New Mexico the governor is term limited and she took the opportunity to focus on jobs and manufacturing partnership with Mexico. The Rhode Island governor, who has indicated she will run for reelection this year, focused on education, job training and small business. Growth in the state’s clean energy industry was an accomplishment touted by the outgoing governor in Virginia. And in West Virginia, the governor is interested in free technical and community colleges.

  • Read more about Tech Talkin’ Govs 2018, part 3: DE, NM, RI, VA, WV governors focus on education, jobs for innovation initiatives

Tech Talkin’ Govs 2018, part 6: AR, CT, ME, WY look to boost economies

Thursday, February 15, 2018

SSTI’s Tech Talkin’ Govs feature continues as governors across the country are wrapping up their state of the state addresses. We review each speech for comments relevant to the innovation economy, and bring you their words directly from their addresses.

SSTI’s Tech Talkin’ Govs feature continues as governors across the country are wrapping up their state of the state addresses. We review each speech for comments relevant to the innovation economy, and bring you their words directly from their addresses.

In this latest installment of Tech Talkin’ Govs, Arkansas is celebrating its low unemployment while Maine says it will focus on a commercialization bond and grow the workforce in part through a student debt relief program. Connecticut wants new goals for clean energy and Wyoming’s focus on economic diversification continues with the governor there calling for full funding for the ENDOW initiative.

  • Read more about Tech Talkin’ Govs 2018, part 6: AR, CT, ME, WY look to boost economies

17 Governors Sign Accord to Promote Clean Energy, Economic Prosperity

Thursday, February 25, 2016

A bipartisan group of 17 governors signed the Governors’ Accord for a New Energy Future – a joint commitment to support the deployment of renewable, cleaner and more efficient energy technologies and other solutions to make the U.S. economy more productive and resilient as well as spur job creation in member states.

  • Read more about 17 Governors Sign Accord to Promote Clean Energy, Economic Prosperity

College mergers a prescription in meeting higher ed headaches

Thursday, May 10, 2018

Declining enrollments, higher costs and limited state funding continue to challenge higher education institutions, and possible mergers continue to surface as an option to meeting those challenges. In Pennsylvania, a new study sponsored by the Pennsylvania Legislative Budget and Finance Committee identifies options to help ensure the sustainability of the State System of Higher Education, and mergers factor into those considerations.

  • Read more about College mergers a prescription in meeting higher ed headaches

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

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