People
Cheryl Lyman, policy analyst with the State Science and Technology Institute, will be leaving SSTI today to accept a position with the Ohio Department of Commerce as its fiscal officer. Cheryl has worked with SSTI since its opening in 1996. We wish her well in her new position!
People
Team NEO appointed Thomas Waltermire as CEO of the organization, a private sector-led economic development organization that helps to grow companies in Northeast Ohio.
Taratec Corp. To Prepare National S&T Indicators
Taratec Corporation of Columbus, Ohio has been awarded a $44,500 contract from the Department of Commerce's Office of Technology Policy (OTP) to prepare a report of science & technology indicators for all 50 states. The indicators are intended to assist Commerce in evaluating the impact and outcome of projects funded by the Experimental Program to Stimulate Competitive Technology (EPSCoT) as well as other OTP programmatic improvements.
Local Technology Benchmarking Study Released
Preparation of S&T indicators on a local or regional level continues to increase. The Institute of Advanced Manufacturing Sciences, located in Cincinnati, Ohio, has released Cincinnati's Technology Benchmarking Study. The report compares the technology assets and performance of 24 urban areas across the U.S. using 17 indicators, then makes recommendations for strengthening Cincinnati's technology base. The report is on the Internet at www.iams.org
Correction for DOD SBIR Table
In last week's issue of the SSTI Weekly Digest, several of the state rankings for the number of awards received under the DOD SBIR 99.1 selections were incorrect. Following is a list of the states and their correct ranks: Florida was tied for 7th with New Jersey; New Hampshire was tied for 17th with Washington; Hawaii, North Carolina, District of Columbia and Utah were all tied for 23rd.
Budget Proposals Produce Mixed Bag for TBED Programs
As governors across the nation seek to fill record deficits, many new and longstanding TBED initiatives are facing challenging cuts or elimination. At the same time, governors are shoring up support for critical, targeted investments in the economy that they say are needed now more than ever.
Missouri, Ohio and Texas Governors Seek Increased Support for TBED Efforts
Not all of the news coming out of governors' offices is bad for TBED strategies. For example, just in the past week, governors in Missouri, Ohio and Texas proposed increases in state investments for job creation in emerging fields, higher education scholarships, and technology commercialization and research programs. The following overview provides highlights of their recommendations for TBED proposals in the upcoming fiscal year or biennium.
Listen to SSTI's Interview with Mike Cassidy of the Georgia Research Alliance
SSTI has an effective new learning tool for TBED policymakers and practitioners seeking guidance in approaches to building and sustaining tech-based economies.
The Digest Celebrates Its 600th Issue
Today's Digest marks SSTI's 600th issue. The Digest's growth in circulation and coverage over the past 13 years parallels the explosive expansion of activities to strengthen regional economies through technology-based economic development. From its humble beginnings as a two-page fax sent out to 50 people on Friday March 1, 1996, to its current world-crossing circulation now in the thousands, the Digest remains committed to delivering timely information that will help state, local and university TBED practitioners succeed.
New SSTI Exclusive Podcast Available - Free, Educational and Only Six Minutes
Through exclusive interviews with Excellence in TBED Award recipients, find out first-hand how these award winning initiatives successfully responded to a critical need by applying innovative approaches to generate substantial economic gains for their region. Recently released podcasts include:
Looking for funding? The Recession got you down? SSTI Membership Can Help
More than 50 research funding opportunities totaling more than $100 million were sent to SSTI Members this week in SSTI's Funding Supplement. This members-only electronic publication provides readers with application information, eligibility criteria and submission deadlines for hundreds of research and economic development funding opportunities offered by the federal government and others.
Savannah Orgs Offer Free Rent to Game Development Firms
Savannah's Creative Coast Alliance (TCCa) and the Savannah Economic Development Authority recently announced that they would provide up to one year of free rent for game designers to take up residence at the region's new Game Development and Digital Media Center.
Research Park Round Up
The following overview is a synopsis of select recent announcements from research parks across the nation, including groundbreakings and development plans to support vibrant regional economies based on science, technology and innovation.
TBED People and Organizations
Lonnie Emard has been named interim director of the Consortium for Enterprise Systems Management, a recently formed collaboration of business, academic and economic development organizations intended to build information technology (IT) opportunities in South Carolina.
Tech Talkin' Govs, Part V
The fifth installment of the Tech Talkin' Govs series includes highlights from state of the state, budget and inaugural addresses from governors in Alabama, Michigan, Ohio, Oklahoma, Pennsylvania and Utah.
SSTI Job Corner
The complete description of this opportunity and others are available at http://www.ssti.org/posting.htm.
TBED People and Organizations
Kentucky Highlands Investment Corporation has named Jim Carroll as director of its Center for Entrepreneurial Growth.
SSTI Job Corner
The complete description of this opportunity and others are available at http://www.ssti.org/posting.htm.
Listen to SSTI's Interview with Susan Shows of the Georgia Research Alliance
Recent announcements reveal “mega” trends in electric vehicle and battery manufacturing expansions
The recently approved Inflation Reduction Act with new incentives for electric vehicle ownership and energy efficiency is likely to continue a trend among states for the location of major economic development projects, a trend toward everything mega—megasites, megadeals, mega factories, and mega projects.
11 additional states approved for federal funding through SSBCI
The U.S. Department of the Treasury announced 11 additional states whose SSBCI plans have been approved: Alaska, Idaho, Iowa, Massachusetts, Minnesota, Missouri, Nebraska, Nevada, New Mexico, Ohio, and Utah.
Georgia Research Alliance companies raise more than $2B in venture capital
The Georgia Research Alliance (GRA) — a nonprofit working to grow Georgia’s economy through supporting research at state universities — recently announced that its portfolio of companies had raised more than over $2 billion in venture capital. These startups also had a high survival rate — 88% were still in business four years after launch, outpacing the national average of 44%. Along with this announcement, GRA released 2021 data on their economic impact on the state, demonstrating growth from the previous year.
Tech Talkin’ Govs 2023: Governors’ innovation vision from their annual addresses
After a busy election season that saw gubernatorial elections in 36 states, newly elected and re-elected governors delivered their annual State of the State addresses, kicking off new programs and reviewing the conditions of their states. SSTI reviews the speeches every year and covers news of new developments and initiatives the governors have highlighted as they relate to the innovation economy. New programs are laid out here in the governors own words as excerpts from their State of the State or budget addresses.
VC Funding Declines in Q3 2014, Reports Examine VC Trends in OH, OR, PA
In Q3 2014, venture capital (VC) investments in the U.S. dropped by 30 percent from Q2 totals, according a new report from CB Insights. Q3 VC deal levels also dropped by 10 percent from Q2 totals. The severe drop, however, can be attributed to Q2 being the most successful VC quarter since Q1 2001. The good news is that the first three quarters of 2014 saw the U.S. VC investment total reach $33.75 billion – an increase of 59 percent compared to the first nine months of last year.