Key ballot initiatives to impact state futures
SSTI has reviewed the ballot initiatives across the country that affect innovation. Several states have energy initiatives on their ballots, while higher education funding is at play in Maine, Montana, New Jersey and Rhode Island. Utah could become only the second state to fund its schools through gas taxes, if a measure there is passed. At the same time, four states have ballot issues addressing redistricting commissions which could have a significant impact on state legislative makeup when lines are redrawn after the 2020 census.
Arizona
SSTI has reviewed the ballot initiatives across the country that affect innovation. Several states have energy initiatives on their ballots, while higher education funding is at play in Maine, Montana, New Jersey and Rhode Island. Utah could become only the second state to fund its schools through gas taxes, if a measure there is passed. At the same time, four states have ballot issues addressing redistricting commissions which could have a significant impact on state legislative makeup when lines are redrawn after the 2020 census.
New program seeks to boost Minnesota’s innovation economy
Funds for entrepreneurial training, technical assistance with R&D, and matching grants for innovative small businesses are among the items now part of Minnesota’s economic development toolkit thanks to new funding in the state’s recently signed FY 2020 biennial budget. Under the approved budget, Launch Minnesota will receive $2.5 million in each of the next two fiscal years to support innovation and entrepreneurship. Originally called the Minnesota Innovation Collaborative in Gov.
States, industry partners launch workforce training efforts focused on 21st century jobs in CA, KY, MD, MI, NC, TN
Due to the effectiveness of employer-sponsored training program, U.S. states are working to build partnerships with industry partners that leverage public resources to help develop a 21st century workforce that addresses specific industry needs. Over the last month, partnerships have been announced between states and key industry leaders including AGCO, CVS, Tesla, and the U.S. Chamber of Commerce Foundation. Some of those collaborations are detailed below.
Due to the effectiveness of employer-sponsored training program, U.S. states are working to build partnerships with industry partners that leverage public resources to help develop a 21st century workforce that addresses specific industry needs. Over the last month, partnerships have been announced between states and key industry leaders including AGCO, CVS, Tesla, and the U.S. Chamber of Commerce Foundation. Some of those collaborations are detailed below.
Montgomery County, MD launches first county-based SBIR/STTR-match program
Although SBIR/STTR matching programs have existed at the state and regional levels for years, Montgomery County, Maryland, recently launched the country’s first county-based match program. The county council overwhelmingly approved the program, which will target Montgomery County-based small businesses receiving Phase I or Phase II SBIR/STTR grants through the National Institutes of Health (NIH), whose main offices are also within the county.
Loans for innovation: MN pilots a rare model
The Minnesota Department of Deployment and Economic Development (DEED) has launched a new loan program for entrepreneurs with high-tech products or services. The loans are similar in size to microfinance options increasingly available to new bricks-and-mortar establishments, but flexible payment options and innovation-focused criteria are intended to make Minnesota Innovation Loans for Entrepreneurs (MILE) uniquely appropriate for tech-based economic development.
States with new university-industry partnerships & research capacity activities work to strengthen economies and talent pipelines
Research universities and their partnerships with industry, including an institution’s research capacity, are important elements to building a state’s economy as well as the national economy and talent pipeline and workforce.
States launching new tech commercialization programs to strengthen economies
Knowing that research universities are integral to the innovation in this country, states continue their efforts to build the economy by supporting efforts to move the research from the labs to the market.
ATP Shines in Latest Two Independent Reports
Editor's note: Few federal programs that fund research have undergone as much independent review and outside scrutiny as the Advanced Technology Program (ATP) within the National Institute of Standards and Technology and come out with high marks nearly every time. Yet two more independent papers described briefly below find that ATP funds make a positive difference for spurring innovation and commercializing technology.
Encouraging Youth Entrepreneurship
Whether the reason is to spur more innovation among students, fight the brain drain of graduates or simply help to build tech-based economies, many states, communities and universities are targeting a portion of their efforts toward encouraging tech-based entrepreneurship among their young residents and college students.
People
David Iannucci is the new head of the Baltimore County Department of Economic Development.
Bioscience Initiative Pushes for Jobs in Baltimore
Placing a high priority on the biosciences as a measure for long-term economic development, the Baltimore Workforce Investment Board (BWIB) has released a strategic plan that aims to ensure growth, in part, by securing a highly motivated and well trained workforce for the city's bioscience sector.
Maryland Governor-elect Forms Commission to Promote Tech Business
Gov.-elect Robert Ehrlich has officially put forth his first economic development initiative for Maryland, according to recent press reports. His initiative, the creation of the Commission on Development of High Technology Business, is designed to encourage more technology business in the state.
Strategic Plan Puts Harford County on 'Road Map' to Tech-based ED
A strategy to make Maryland's Harford County a competitive jurisdiction for attracting and expanding technology ventures has been unveiled by the Northeastern Maryland Technology Council (NMTC). Offering an analysis of the county's technology resources and assets, the Harford County Strategic Plan is expected to serve as a "road map" to help guide policy efforts for the next 5-15 years.
Telecommunications Needs of Greater Minnesota Companies Examined
Manufacturing jobs in rural Minnesota numbered almost 120,000 in 2000, a 25 percent increase since 1990, according to a recent study by the Center for Rural Policy and Development and Minnesota Technology Inc., two agencies dedicated to helping industry in Greater Minnesota.
MTI Seeks Tech Transfer Specialist
Minnesota Technology, Inc. (MTI), the state's leading tech-based economic development corporation, currently is searching for a dynamic individual with top-notch skills to help bring federal technology transfer activities to Minnesota companies.
New ATP Awards Announced
The Advanced Technology Program (ATP) has announced 40 awards potentially totaling $101.6 million in ATP funding matched by an industry cost-share of $92 million if carried through to completion. These awards were selected from proposals submitted to 2002 competition.
New Efforts in Minnesota, New Orleans to Get Kids Interested in Math and Science
American K-12 students are becoming less and less interested in math, science and technology fields. Recent studies reveal that students are increasingly dropping science and math classes and pursuing careers in the arts and social services. Since national and regional competitiveness in high-tech fields depends on a skilled labor market, fueled by college graduates in STEM (science, technology, engineering and math) fields, many areas are attempting to generate more interest in these subjects.
Maryland TEDCO Tops VC List for Third Year in a Row
For the third year, the Maryland Technology Development Corporation (TEDCO) has been named the nations most active source of early-stage or angel capital. TEDCO leads the list of the 100 top venture capital firms, based on the quarterly MoneyTree survey published by PriceWaterhouseCoopers, Thomson Venture Economics and the National Venture Capital Association (NVCA). The 2005 list appears in the July issue of Entrepreneur magazine.
States Increasing STEM Focus: Examples from Minnesota, Missouri
If the most important jobs of the future will be connected to science and engineering disciplines, then, the current thinking goes, the U.S. needs to have more scientists and engineers in its future workforce. To achieve this, more emphasis needs to be placed on science, technology, engineering and mathematics (STEM) curricula, beginning with math and science education in the K-12 experience.
People
Wes Blakeslee is the new acting director of the Office of Licensing and Technology Development at Johns Hopkins University. Blakeslee replaces Jill Sorensen, who resigned last month.
People
Ray Dizon is the new managing director of the Maryland Venture Fund, replacing Elizabeth Good.
People
Phillip Singerman resigned as executive director of the Maryland Technology Development Corp.. Renee Winsky will serve as interim executive director until a permanent replacement is named.
People
The Maryland Department of Business and Economic Development appointed Benjamin Wu as the assistant secretary for the Capital Region and senior advisor for technology policy.
Maryland's TEDCO Tops List of Most Active for Early-stage VC
For the second year in a row, the Maryland Technology Development Corporation (TEDCO) was the most active source of early-stage or angel capital, according to the July issue of Entrepreneur magazine.
People
Chris Marschner is the new president of the Maryland Business Incubation Association (MBIA).