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Type

  • weekly_digest (478)
Displaying 376 - 400 of 478
Authored on

Maryland Passes Venture Capital Bill and Releases Innovation-Oriented Five-Year Plan

Wednesday, April 20, 2011

Last week, Maryland Gov. Martin O'Malley released the results of 18 months of work by the Maryland Economic Development Commission (MEDC), laying out the state's strategy for economic growth over the next five years. MEDC's five-year plan provides many economic development policy recommendations, but lists innovation, commercialization and entrepreneurship as the first three foundations for growth. Part of this strategy includes the implementation of InvestMaryland, a recently passed initiative that would generate more than $70 million for seed and growth stage companies.

  • Read more about Maryland Passes Venture Capital Bill and Releases Innovation-Oriented Five-Year Plan

TBED People

Wednesday, April 20, 2011

Tom Thornton, president and CEO of the Kansas Bioscience Authority, submitted his letter of resignation to the board effective immediately. David Vranicar, president of the authority's Heartland BioVentures division, was named interim president and CEO.

  • Read more about TBED People

Legislation Expands Michigan's Jobs Program to Include More Advanced Technology Industries

Wednesday, April 27, 2011

Gov. Rick Snyder signed into law a measure expanding the scope of the state's 21st Century Jobs Fund allowing more industries involved in research and advanced technology to compete for funds through the program. Although many tech-focused industries such as life sciences and alternative energy companies can already apply for funding under the program, the new legislation expands eligibility to include an even wider range of companies — information technology and agricultural processing.

  • Read more about Legislation Expands Michigan's Jobs Program to Include More Advanced Technology Industries

Legislature Adds $50M for Michigan's Business Attraction Efforts

Wednesday, June 1, 2011

The Michigan Economic Development Corporation (MEDC) will be armed with $100 million for efforts to attract new businesses and help existing businesses grow in the coming year — an additional $50 million above Gov. Rick Snyder's request. Another $25 million was approved for a new innovation and entrepreneurship program.

  • Read more about Legislature Adds $50M for Michigan's Business Attraction Efforts

Maryland Budget Supports Tech and Biotech Industries

Wednesday, May 4, 2011

In support of Gov. Martin O'Malley's Bio 2020 Initiative, lawmakers increased funding for stem cell research and provided $8 million in tax credits for biotechnology investments in the FY12 budget approved last month. Lawmakers also passed a bill providing a two-year eligibility extension for companies using the biotech tax credit and allocated $2.4 million to fund nanobiotechnology projects.

  • Read more about Maryland Budget Supports Tech and Biotech Industries

MD, SC Boost Defense Industry Support in Budgets; TBED Proposals Released in AZ, MO

Thursday, January 21, 2016

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 Arizona, Maryland, Missouri and South Carolina.

  • Read more about MD, SC Boost Defense Industry Support in Budgets; TBED Proposals Released in AZ, MO

Michigan’s University Research Corridor Generates $17.5B in Economic Impact

Thursday, January 28, 2016

Although universities are often pitted against each other in athletic events or competitions for state funding, one area in which they have increasingly been able to collaborate is in research and development. Modeled after the hugely successful Research Triangle in North Carolina, the University Research Corridor (URC), an alliance of Michigan’s three largest higher education institutions – Michigan State University, the University of Michigan, and Wayne State University – was established by the state in 2007 with the goal of accelerating statewide economic development.

  • Read more about Michigan’s University Research Corridor Generates $17.5B in Economic Impact

Biden Announces New Institute for Advanced Composites Manufacturing Innovation in Detroit

Thursday, September 24, 2015

While speaking in Detroit last week, Vice President Joe Biden announced the creation of an Institute for Advanced Composites Manufacturing Innovation (IAMCI)  location in Detroit, aimed at creating better composite materials for wind turbines, compressed gas storage, and in particular, the automotive industry. Funded by the U.S.

  • Read more about Biden Announces New Institute for Advanced Composites Manufacturing Innovation in Detroit

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

IL, MI, NJ Face Difficult Decisions in Upcoming Budget Negotiations

Thursday, February 25, 2016

Governors around the country continue to lay 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 Illinois, Michigan and New Jersey.

  • Read more about IL, MI, NJ Face Difficult Decisions in Upcoming Budget Negotiations

Is the future of work a four-day workweek?

Thursday, March 23, 2023

The idea of changing the 40 hour workweek standard has been floated for decades, and more frequently discussed in recent years as companies confront pandemic-related stress, burnout and the “Great Resignation.” But, even as some smaller U.S. companies (mostly in tech) have moved toward offering a shorter workweek, the idea has not become mainstream, despite some states’ best efforts.

  • Read more about Is the future of work a four-day workweek?

Maryland moving on innovation initiatives to grow state economy

Thursday, March 2, 2023

In his budget proposal, Maryland Gov.

  • Read more about Maryland moving on innovation initiatives to grow state economy

Huntington Bank Commits $25M for Comprehensive Economic Development Programming in Flint

Thursday, April 7, 2016

As the water crisis in Flint, MI, continues to capture headlines, details on potential relief efforts are beginning to emerge. In January, President Obama granted $5 million in emergency funding to address the crisis, while the state has approved $67 million in funding since October.

  • Read more about Huntington Bank Commits $25M for Comprehensive Economic Development Programming in Flint

MD Approves Budget, University Unification Plan to Boost Baltimore Innovation Economy

Thursday, April 14, 2016

Maryland legislators recently approved a $42.3 billion fiscal year 2017 spending bill that incorporates many of the funding levels included in Gov. Larry Hogan’s proposal. Gov. Hogan made education a main focus of his proposal, and the final bill would hold university tuition increases to no more than 2 percent. In addition, legislators formalized the growing strategic partnership between University of Maryland campuses in Baltimore and College Park.

  • Read more about MD Approves Budget, University Unification Plan to Boost Baltimore Innovation Economy

Maryland legislation encourages manufacturing jobs, training

Thursday, April 20, 2017

New legislation in Maryland that takes effect in June provides $1 million in workforce development scholarships and builds on current apprenticeship programs, while also providing tax incentives for new and existing manufacturers to create jobs in areas of the state that need them most. Gov. Larry Hogan signed the More Jobs for Marylanders Act into law last week, a key piece of his jobs initiative. The new legislation establishes scholarships for eligible students enrolled in job training programs at community colleges, and contains measures to encourage high schools to offer additional vocational training, as well as requiring state agencies to analyze their registered apprenticeship programs.

  • Read more about Maryland legislation encourages manufacturing jobs, training

MI’s research corridor spurs state economy

Thursday, June 15, 2017

Michigan’s University Research Corridor, an alliance of Michigan State University, the University of Michigan and Wayne State University, conducted $1.2 billion in academic R&D in the life, medical and health sciences, and served as a stabilizing force to the state’s economy as one of the only sectors that grew during the 2000s. Those are among the findings of the 2017 URC sector report, which was prepared by Public Sector Consultants. The report, Leading Discovery: URC Contributions to the Life, Medical and Health Sciences, notes that employment in the life, medical and health sciences sector, which accounts for one in eight jobs in Michigan, is up 18.9 percent since 2000, compared to overall Michigan employment, which is down 9.3 percent.

  • Read more about MI’s research corridor spurs state economy

IN, MD continue funding innovation

Thursday, May 4, 2017

As the state budgeting process comes to a close, SSTI will report over the coming weeks 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 Indiana, which includes new funding for an institute focused on health and life-sciences research and commercialization, and Maryland, which includes funding for the Maryland Technology Development Corporation.

  • Read more about IN, MD continue funding innovation

TBED People and Organizations

Wednesday, December 10, 2008

Gov. Jim Douglas plans to merge the Vermont Departments of Economic Development and Housing and Community Affairs.

  • Read more about TBED People and Organizations

Michigan State University Wins $550 Million Nuclear Physics Facility

Wednesday, December 17, 2008
It won't have smokestacks or be pushing automobiles or computer chips off an assembly line, but the $550 million plum that landed in East Lansing, MI last week is similar in size to many industrial recruitment/retention deals sought by conventional economic development efforts.
  • Read more about Michigan State University Wins $550 Million Nuclear Physics Facility

SSTI Job Corner

Wednesday, October 1, 2008

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

  • Read more about SSTI Job Corner

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

TBED People

Wednesday, October 29, 2008

Southern Growth hired Ted Abernathy, Jr., former Executive Vice President & COO of the Research Triangle Regional Partnership, to serve as its Executive Director, filling the vacancy created by Jim Clinton's resignation in September.

  • Read more about TBED People

Several Statewide TBED Issues Win Voter Approval

Wednesday, November 5, 2008

The outcome of Tuesday's election resulted in several wins and some defeats for TBED among the more than 150 ballot measures presented to voters across the nation. Outlined below are the unofficial election results of select ballot measures from each state's respective election office and local media reports as of Wednesday, Nov. 5.

  • Read more about Several Statewide TBED Issues Win Voter Approval

Free Wi-Fi, Inclusive Entrepreneurial Support Initiatives Announced for Baltimore’s Innovation Village

Thursday, June 23, 2016

Throughout the United States, innovation districts have been proposed with varying degrees of emphasis on inclusivity and opportunity.

  • Read more about Free Wi-Fi, Inclusive Entrepreneurial Support Initiatives Announced for Baltimore’s Innovation Village

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