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Type

  • weekly_digest (560)
Displaying 526 - 550 of 560
Authored on

TBED People and Orgs

Wednesday, February 13, 2013

Karen Mills, head of the Small Business Administration since 2009, has announced her departure. She will stay on until her successor is confirmed.

New Hampshire Gov. Maggie Hassan has nominated Jeffrey Rose to be the state's commissioner of Resources and Economic Development.

  • Read more about TBED People and Orgs

Creating Shared Value through Locally Focused Venture Capital Funds

Wednesday, March 6, 2013

In the January 2011 edition of the Harvard Business Review, Michael Porter and Mark Kramer called for a redesign of the existing business model and their role within society. Instead of simply embracing corporate responsibility and corporate giving, businesses should work to create shared value within their community by helping to support local clusters and institutions to address societal needs and issues.

  • Read more about Creating Shared Value through Locally Focused Venture Capital Funds

TBED People and Orgs

Wednesday, March 6, 2013

President Obama nominated Ernest Moniz as the next secretary of Energy, Gina McCarthy as administrator of the Environmental Protection Agency, and Sylvia Mathews Burwell as director of the Office of Management and Budget. The nominations require confirmation by the Senate.

Draper Triangle Ventures is opening a Columbus, OH, office. Will Indest, formerly of TechColumbus, has been named managing director.

  • Read more about TBED People and Orgs

TBED People and Orgs

Wednesday, March 20, 2013

Rebecca Blank, the acting U.S. secretary of Commerce, is expected to be the next chancellor of the University of Wisconsin at Madison. The Board of Regents is scheduled to vote on the recommendation April 5.

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TBED People and Orgs

Thursday, September 26, 2013

Oklahoma Gov. Mary Fallin announced that Jonna Kirschner, executive director of the Oklahoma Commerce Department, will serve on a transition team to establish a new workers’ compensation system. Vaughn Clark , the Commerce Department’s director of community development, was named as interim executive director.

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TBED People and Orgs

Thursday, October 17, 2013

President Obama launched the Advanced Manufacturing Partnership Steering Committee “2.0.” Former SSTI board member Luis Proenza, president of The University of Akron is part of the steering committee chaired by Andrew Liveris, president, chairman, and CEO of the Dow Chemical Company, and Rafael Reif, president of the Massachusetts Institute of Technology.

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Trends 2013 Preview: Cities, States Invest in High-Tech Hubs

Thursday, December 5, 2013

Eager to attract investment and spur startup activity, city and state officials launched entrepreneurship programs, high-tech R&D centers, and sector-specific facilities as part of the innovation hub trend in 2013.

  • Read more about Trends 2013 Preview: Cities, States Invest in High-Tech Hubs

TBED People and Orgs

Wednesday, April 24, 2013

Chris Coburn, the founding executive director of Cleveland Clinic Innovations, is leaving at the end of May to join Boston-based Partners Healthcare, the largest healthcare system in Massachusetts.

Mary Jo White has been confirmed by the Senate as the new head of the Securities and Exchange Commission.

  • Read more about TBED People and Orgs

TBED People and Orgs

Wednesday, May 1, 2013

Bill Kirkland will head the new Office of Economic Engagement that will begin operations July 1 at the University of South Carolina. The new entity will facilitate business development statewide, and work through USC&'s seven regional campuses.

John Carey, a former state representative, was appointed by Gov. John Kasich as the chancellor of the Ohio Board of Regents.

  • Read more about TBED People and Orgs

Florida Session Ends with Efforts to Expand Tech Commercialization, Elevate Universities

Wednesday, May 8, 2013

Lawmakers last week passed a $74.5 billion FY14 budget that expands efforts to commercialize research and boosts funds for life sciences and space-related investments. Under a sweeping new education bill, universities can qualify and receive additional resources as preeminent research universities. The measure also designates some higher education funding based on performance, and allows colleges to create low-cost degree programs.

  • Read more about Florida Session Ends with Efforts to Expand Tech Commercialization, Elevate Universities

Jumpstart Reports $36M Economic Impact for Northeast OH in 2012

Wednesday, July 24, 2013

A recent report by Cleveland State University's Levin College of Urban Affairs details the economic impact of companies supported by JumpStart Inc. and the North Coast Angel Fund in the 2012 calendar year. The 127 companies included in the study created 2,140 jobs in Ohio (1,652 in Northeast Ohio), generated $269.7 million in economic benefits for the state, and produced $35.5 million in federal, state, and local taxes.

  • Read more about Jumpstart Reports $36M Economic Impact for Northeast OH in 2012

NASA Transition Continues to Spur University, Industry Partnerships

Wednesday, August 28, 2013

The winding down of the space shuttle program in Florida’s Space Coast by the Obama administration in 2010 spurred a transition in NASA’s areas of focus, including an increased emphasis on commercializing technologies and industry partnerships. NASA recently announced several new initiatives with tech firms, universities, and state agencies geared toward investing in cutting-edge research and technology and developing an educated workforce.

  • Read more about NASA Transition Continues to Spur University, Industry Partnerships

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

States Target Research, Commercialization for Economic Growth

Wednesday, July 17, 2013

A continued trend toward improved fiscal conditions gave rise to targeted and riskier investments in research for several states this legislative session. In particular, lawmakers dedicated funds for life sciences research and for initiatives aimed at commercialization through partnerships with higher education and the private sector. Other states dedicated additional funds to expand promising research and technology-focused initiatives already underway.

  • Read more about States Target Research, Commercialization for Economic Growth

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

Ohio tech startup gets $1.1B deal

Thursday, February 2, 2017

A portfolio company of JumpStart Inc., an Ohio venture development organization, is to be purchased for $1.1 billion. The proposed acquisition of Ohio startup CoverMyMeds by McKesson Corp. marks Ohio’s first tech startup unicorn. JumpStart Evergreen, the non-profit fund that invested in CoverMyMeds, was funded in part by Ohio Third Frontier. CoverMyMeds was started in Ohio in 2008 and is now headquartered in Columbus.

  • Read more about Ohio tech startup gets $1.1B deal

OH, TN, TX, state budgets focus on innovation, R&D, education

Thursday, February 2, 2017

SSTI continues to review state budget proposals as they are released, combing through them for TBED-related initiatives. This week, education and research and development programs are revealed as we examine the budget proposals from governors in Ohio, Tennessee and Texas.

  • Read more about OH, TN, TX, state budgets focus on innovation, R&D, education

Innovative Funding at the Edges

Thursday, September 29, 2016

Venture development organizations are reaching into new territory for funding partners and finding success in innovative models. Two new funds, the San Diego Tech & Life Science Investor Syndicate and Rev1 Fund I in Columbus, OH, have recently opened with less traditional funding sources, testing the waters of crowdfunding and heavy corporate backing, respectively. The San Diego fund, launched by CONNECT, allows anyone wanting to invest $1,000 the opportunity to participate alongside more experienced lead investors.

  • Read more about Innovative Funding at the Edges

EDA Grants Support Regional Innovation

Thursday, October 6, 2016

The U.S. Department of Commerce’s Economic Development Administration (EDA) announced a number of grants last week to aid regional innovation and entrepreneurship efforts through infrastructure improvements, the creation of new spaces, and business improvements in regions across the country. The grants fund projects in AR, AZ, CA, ME, MI, and OH.

  • Read more about EDA Grants Support Regional Innovation

Reports outline strategy for heart of Appalachia to benefit from clean energy

Thursday, March 18, 2021

While the Appalachian region began the 21st century by expanding the reaches of its fossil fuel industries, clean energy development and carbon emission reductions are not yet out of reach for Pennsylvania, Ohio and West Virginia. A set of reports developed by the University of Massachusetts’ Political Economy Research Institute (PERI) present opportunities available to these states for the advancement of clean energy technologies within the region while also detailing the economic and employment benefits of potential climate stabilization programs.

  • Read more about Reports outline strategy for heart of Appalachia to benefit from clean energy

Higher education, lower taxes in governors’ plans for growth

Thursday, March 18, 2021

Several more State of the State addresses were delivered already this month, leaving just a few states yet to go and the pandemic and recovery from the pandemic, not surprisingly, continue to feature heavily in governors’ plans. Energy opportunities, tax cuts, broadband and shifts in the model for higher education are in play in this week’s review of addresses from California, Florida, New Hampshire and Wyoming.

  • Read more about Higher education, lower taxes in governors’ plans for growth

Venture-backed exit in Appalachian Ohio shows strength of higher ed, state-backed economic development for rural areas

Thursday, April 1, 2021

For those looking for examples of the impact state investment, university involvement and tech-based economic development can have in rural parts of the country, one can examine news from Appalachian Ohio that Stirling Ultracold reached a definitive merger agreement on March 22 to be acquired for a reported $258 million by publicly-traded BioLife Solutions. The original lead investor in Stirling Ultracold is TechGROWTH Ohio, one of Ohio Third Frontier’s regional entrepreneurial service providers.

  • Read more about Venture-backed exit in Appalachian Ohio shows strength of higher ed, state-backed economic development for rural areas

State of Ohio commits $265 million for new innovation district

Thursday, January 28, 2021

Ohio’s governor and other state leaders this week announced the creation of a new Cleveland Innovation District, with the state of Ohio, through the Ohio Development Services Agency (DSA), JobsOhio and the Cleveland Clinic committing a combined $565 million to the new district.

Ohio’s governor and other state leaders this week announced the creation of a new Cleveland Innovation District, with the state of Ohio, through the Ohio Development Services Agency (DSA), JobsOhio and the Cleveland Clinic committing a combined $565 million to the new district. The new district will bring together Northeast Ohio’s leading healthcare providers and education institutions with the goal of creating a pathogen center with global reach. DSA is committing to $155 million, $100 million will be in the form of a loan, the terms of which are still being finalized, and an estimated $55 million in Job Creation Tax Credits (JCTC) over a 15-year period. JobsOhio will invest $110 million and an additional $300 million will be invested by Cleveland Clinic.

  • Read more about State of Ohio commits $265 million for new innovation district

Tech Talkin’ Govs, part 8: education, workforce, climate action and rural initiatives focus of innovation efforts

Thursday, March 7, 2019

This week we nearly finish our state of the state coverage, save two remaining governors (Louisiana and Minnesota) who have yet to present their addresses. In reviewing the speeches for news on innovation efforts, we find education taking the main stage in Florida and Tennessee, while Alabama and Ohio’s governors are hoping to build the state’s workforce, and North Carolina, still recovering from natural disasters, wants to decrease greenhouse gas emissions and provide tuition assistance for community college.

  • Read more about Tech Talkin’ Govs, part 8: education, workforce, climate action and rural initiatives focus of innovation efforts

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