Funding for the New Jersey Commission on Science and Technology, which administers the state's stem cell research program, would be cut nearly in half under Gov. Jon Corzine's FY10 budget recommendation. The commission is slated to receive $10.4 million, a decrease of $9.9 million from the FY09 adjusted appropriation, to administer grant programs focused on commercializing new technologies, develop early-stage growth companies and business incubators, and enhance New Jersey's stem cell research capability.

Seize the opportunity for recognition of outstanding achievement in tech-based economic development.

SSTI is pleased to invite applications for the 2009 awards cycle, a program recognizing exceptional achievements in approaches to improving state and regional economies through science, technology and innovation.

Tuesday’s Republican victories in the gubernatorial races for New Jersey and Virginia mean a shift in political power for both states. With current fiscal conditions continuing to press state revenues lower and unemployment rolls higher, much of the new governors’ attentions could pass over tech-based economic development policies. Alternately, increased investments in TBED may be exactly what are needed right now to help create high-wage jobs in both states.

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

Capturing national attention for initiating successful programs to sustain the nation’s position as a global leader for innovation and competitiveness, six organizations were named recipients of SSTI’s 2009 Excellence in TBED Award. The third annual awards follow a nationwide competition recognizing outstanding achievements in tech-based economic development (TBED) emphasizing impact, strategic value and replicability.

The economic circumstances leading up to SSTI’s 13th annual conference make this year’s event critical. We encourage you to join us in Overland Park, Kansas, October 21 – 23, 2009 to Seize the Moment.

If we have no map, does that mean we’re lost? Hardly. But given the economic turmoil affecting every crossroad of the country, some folks may be having a hard time seeing which road leads in the right direction. This year’s conference will feature two speakers at the forefront of TBED research who will share their insight on how states and regions can prepare themselves for the challenges ahead.

SSTI’s pre-conference workshops have received high praise from past participants because of their personalized nature, their dedication to sharing knowledge, and their opportunities to forge worthwhile relationships with other participants. The two pre-conference sessions scheduled on Wednesday, October 21 are no different and will provide plenty of value for those in attendance.

One of the best takeaways from the SSTI Annual Conference is the personal contacts one can make over the course of the event. Whether it’s chatting with a peer who has led successful economic development initiatives, breaking bread with fund managers at our scheduled Dine-A-Rounds, exchanging contact information with our conference speakers, or playing tennis with a myriad of people in the Wii Room, the upcoming conference will provide plenty of opportunities to make friends and meet other leaders who share your background and hopes for the future.

Developing and implementing a successful TBED initiative that generates substantial economic gain for a state or region is no easy feat. SSTI’s third annual Excellence in TBED awards recognize outstanding achievements in tech-based economic development from innovative programs across the nation, emphasizing impact, strategic value and replicability.

SSTI’s Annual Conference offers a rich and rewarding slate of professional development opportunities for seasoned conference veterans and first-timers alike. Each year, SSTI helps connect TBED professionals to the ideas and perspectives making a difference in the regional innovation. The conference also provides a vibrant atmosphere where attendees can connect to the leading thinkers and practitioners in the field. You can expect:

SSTI’s 13th Annual Conference is made possible by the support of our host sponsor, the Kansas Technology Enterprise Corporation (KTEC), and the generous support of our national conference sponsors. SSTI extends its appreciation and thanks to the following exemplary organizations serving as our national sponsors:

• Pennsylvania Department of Community and Economic Development
• Greater Oklahoma City Chamber
• Battelle
• National Centers of Excellence (NCOE)
• GSP Consulting
• Monster Public Sector & Education

"Tapping the Technology Innovation Program and the Manufacturing Extension Partnership"

Gov. Mark Parkinson last week unveiled his FY11 budget proposal, which includes $5.9 million from the Economic Development Initiatives Fund (EDIF) for the Kansas Technology Enterprise Corporation (KTEC), down $1.8 million from the FY10 governor’s estimate of $7.75 million. Many of the governor’s budget recommendations, including funding for KTEC and university research initiatives, may hinge on a tax increase proposal, however.

Entering its tenth year covering governors’ State of the State, Budget and Inaugural Addresses, SSTI’s Tech Talkin’ Govs series highlights new and expanded TBED proposals from across the nation. The first edition includes excerpts from speeches delivered in the following states:

Arizona
Gov. Janice Brewer, State of the State Address, Jan. 11, 2010

Tech Talkin' Govs, Part V
The fifth installment of SSTI's Tech Talkin' Govs' series includes excerpts from speeches delivered in Minnesota, New Jersey, and Tennessee. The first four installments are available in the Jan. 13, Jan. 20, Jan. 27, and Feb. 10 Digests.

The fifth installment of SSTI's Tech Talkin' Govs' series includes excerpts from speeches delivered in Minnesota, New Jersey, and Tennessee. The first four installments are available in the Jan. 13, Jan. 20, Jan. 27, and Feb. 10 Digests.

Lawmakers in Georgia and Kansas recently approved scaled-back funding for their states' respective tech-based economic development (TBED) programs in the coming fiscal year. Although many states are struggling to fill large deficits in the aftermath of a national economic downturn, funding for TBED initiatives, even at reduced levels, continues to be a priority for most states as a means to grow and diversify the economy.

Georgia

Kansas is home to more than 20,000 green jobs and expects that number to reach 30,000 by 2012, according to a recent survey by the state Department of Labor. The survey of 6,000 Kansas employers reveals that job growth in renewable energy, energy efficiency will drive green job numbers over the next two-to-three years. The biggest employment gains are expected in the renewable energy sector, which is expected to grow by 121 percent. Read the report ...

The $29.3 billion total spending plan for FY11 outlined last week by Gov. Chris Christie eliminates or significantly reduces funding for business incentive programs, including InvestNJ and funding for high-tech business tax credits. In place of the programs, the New Jersey Partnership for Action would be established as a new one-stop-shop to assist businesses in relocation, retention and incentive development.

Silicon Valley, a region often looked to for trends in the technology field, is expected to see a rise in the number of new high-tech incubators and the expansion of existing incubators in the coming months. A recent Wall Street Journal article points to these openings as a sign of revival for technology startup companies amid a relatively slow period last year as startup investment plunged during the recession.

Crowdfunding was poised to make a major splash on startup financing in 2013, aided by the passage of the 2012 JOBS Act, a projected explosion in the number of crowdfunding portals and the adoption of state crowdfunding exemptions. However, the crowdfunding industry did not have the anticipated gamechanging impact on startup financing.