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Type

  • weekly_digest (528)
Displaying 501 - 525 of 528
Authored on

Ben Franklin Technology Partners Generating Returns to the State and Community

Wednesday, June 5, 2013

Ben Franklin Technology Partners (BFTP), Pennsylvania's tech-based economic development program, released a joint study by the independent Pennsylvania Economy League and KLIOS Consulting, which determined the economic impact of the organization between 2007-2011. These numbers aggregate the impact of the four regional Ben Franklin Technology Partners.

  • Read more about Ben Franklin Technology Partners Generating Returns to the State and Community

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

Pennsylvania To Invest $100M in Tech Startups

Wednesday, July 10, 2013

According to the Philadelphia Business Journal, Pennsylvania Gov. Tom Corbett has signed off on the creation of a new program, InnovatePA, which will auction off $100 million in tax credits to generate state revenue that will be invested in the funding of tech and biotech startups.

  • Read more about Pennsylvania To Invest $100M in Tech Startups

R&D Tax Credits in Many States Seek to Help Business Development, Innovation

Wednesday, July 17, 2013

A number of states recently have taken action to expand R&D tax credits and other legislation that would support innovation, commercialization and manufacturing. Hawaii, California, Maryland, Texas, and Florida have signed into law tax incentives and R&D tax credits and an R&D tax credit in New Hampshire went into effect.  The Maine legislature also passed a capital tax credit that will begin in 2014.

  • Read more about R&D Tax Credits in Many States Seek to Help Business Development, Innovation

Lawmakers Move to Support Workforce Training, Strengthen Industry Clusters

Wednesday, July 17, 2013

At the close of many recent legislative sessions, states across the country moved to strengthen their high-tech workforce while supporting industry cluster development.

  • Read more about Lawmakers Move to Support Workforce Training, Strengthen Industry Clusters

$80 million awarded for Advanced Robotics Manufacturing Institute in Pittsburgh

Thursday, January 19, 2017

Pittsburgh will be home to the Advanced Robotics Manufacturing (ARM) Innovation Hub, the newest member of the Manufacturing USA network. The U.S. Department of Defense announced that American Robotics, Inc., an independent nonprofit spun out of Carnegie Mellon University will receive roughly $80 million in federal funding to launch the institute, matched with $173 million in support from the university and a consortium representing approximately 120 industry partners, 40 academic institutions and 60 non-profit and government entities.

  • Read more about $80 million awarded for Advanced Robotics Manufacturing Institute in Pittsburgh

Tech Talkin’ Govs Part V: MD, ME, TX keep education in mind

Thursday, February 9, 2017

With the latest round of state of the state or budget addresses, the states’ governors focused on their states’ financial situation. Education and economic development were still on the minds of leaders in Maine, Maryland, and Texas. With this fifth installment, less than 10 governors have yet to deliver their addresses in the coming weeks or months.

  • Read more about Tech Talkin’ Govs Part V: MD, ME, TX keep education in mind

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

Philly collaboration aims to accelerate business

Thursday, January 19, 2017

Tuesday’s ceremonial groundbreaking on a new building in Philadelphia marks the foundation of a new collaboration between a number of players that are hoping to accelerate the innovation community in the city.

  • Read more about Philly collaboration aims to accelerate business

Maryland invests in education, workforce

Thursday, January 26, 2017

Earlier in the month, Maryland Gov. Lawrence Hogan announced the 2017 Maryland Jobs Initiative, a legislative package that would eliminate all state taxes for 10 years for new manufacturing employers that create jobs in high unemployment areas, as well as incentives for current employers who expand their workforce in those areas.

  • Read more about Maryland invests in education, workforce

EDA Announces Funding for Entrepreneurial, Workforce Development in OK, PA SC, WY

Thursday, September 22, 2016

Over the last several months, the Economic Development Administration (EDA) has announced millions of dollars in grants to support tech-based economic development efforts in communities across the country (see recent Digest articles from August 18 and September 8).

  • Read more about EDA Announces Funding for Entrepreneurial, Workforce Development in OK, PA SC, WY

Tech Talkin’ Govs 2018, part 5: IL, OK, OR, PA, TN looking to enhance workforce, build economies

Thursday, February 8, 2018

Governors are continuing their annual address to legislators and constituents and workforce development continues to take center stage, with the governor of Oregon rolling out a new five-step plan she hopes will invigorate the economy and close the skills gap while Oklahoma acknowledged difficult times and Tennessee says it may achieve an education goal two years ahead of schedule.

Governors are continuing their annual address to legislators and constituents and workforce development continues to take center stage, with the governor of Oregon rolling out a new five-step plan she hopes will invigorate the economy and close the skills gap while Oklahoma acknowledged difficult times and Tennessee says it may achieve an education goal two years ahead of schedule.

  • Read more about Tech Talkin’ Govs 2018, part 5: IL, OK, OR, PA, TN looking to enhance workforce, build economies

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

Evaluation finds TEDCO programs have strong economic benefit

Thursday, March 14, 2019

TEDCO’s current portfolio of assisted companies has grown to 326 companies and more than 3,100 jobs, according to an economic impact report by the University of Baltimore’s Jacob France Institute and TEConomy Partners. TEDCO was created by the Maryland State Legislature in 1998 to facilitate the transfer and commercialization of technology from Maryland’s research universities and federal labs into the marketplace.

TEDCO’s current portfolio of assisted companies has grown to 326 companies and more than 3,100 jobs, according to an economic impact report by the University of Baltimore’s Jacob France Institute and TEConomy Partners. TEDCO was created by the Maryland State Legislature in 1998 to facilitate the transfer and commercialization of technology from Maryland’s research universities and federal labs into the marketplace. The direct Maryland economic activity generated by these core programs totaled nearly $900 million in 2018, a considerable increase from the $572.3 million in economic activity reported in 2015. Of all TEDCO programs, the Seed Investment Fund has the largest direct impact, accounting for more than half of all employment and direct economic activity.

  • Read more about Evaluation finds TEDCO programs have strong economic benefit

Tech Talkin’ Govs part 5: Tax incentives, clean energy, help for higher ed strike note in governors' addresses

Thursday, February 7, 2019

More than half of the governors have now delivered their state of the state addresses, and TBED initiatives continue to play a prominent role in their plans. Higher ed’s affordability and/or role in the workforce are concerns in Montana, South Carolina, Utah and Vermont. Maryland is looking at clean energy and higher education. Utah is also grappling with burgeoning growth while Vermont considers measures to increase its workforce.

  • Read more about Tech Talkin’ Govs part 5: Tax incentives, clean energy, help for higher ed strike note in governors' addresses

Tech Talkin’ Govs, part 6: Education, workforce, climate change top TBED agendas

Thursday, February 14, 2019

Educating the next generation of workers, ensuring they will have the skills necessary for the jobs of the future and paying attention to the actions that will affect the climate are all on the agendas of the latest round of governors giving their state of the state and budget addresses. A focus on skills can be seen in addresses from governors in California, Maine, Michigan, Oklahoma and Pennsylvania. States are also continuing with initiatives to forward attention on climate change, as reflected in Maine’s climate agenda and Michigan joining other states in the Climate Alliance.

  • Read more about Tech Talkin’ Govs, part 6: Education, workforce, climate change top TBED agendas

Maryland Gov. proposes $56 million for Opportunity Zone programs

Thursday, January 24, 2019

Maryland Governor Larry Hogan’s FY 2020 budget proposal includes $56.5 million in new funding to attract businesses to Opportunity Zones. Other new innovation funding would support manufacturer hiring credits and a seed fund for minority entrepreneurs. Under the governor’s proposal, TEDCO, the state’s primary innovation agency, would see its spending increase from $27 million to $45 million.

  • Read more about Maryland Gov. proposes $56 million for Opportunity Zone programs

New funding available for tech-based companies impacted by coronavirus in PA

Thursday, April 30, 2020

In Pennsylvania, the Department of Community and Economic Development (DCED) announced last week that new funding is available to help technology-based companies impacted by COVID-19.

  • Read more about New funding available for tech-based companies impacted by coronavirus in PA

Fracking industry failing to contribute to broader regional growth in Appalachia, study finds

Thursday, February 18, 2021

While natural gas production has continued to expand throughout the Appalachian region, the surrounding communities have yet to experience the economic and social benefits that were initially seen as surefire byproducts of the natural gas industry’s growing footprint within the area, according to a new report.

  • Read more about Fracking industry failing to contribute to broader regional growth in Appalachia, study finds

Workforce, broadband, rural investments at play in governors’ plans for economic development

Thursday, February 25, 2021

As governors continue to roll out their State-of-the State addresses in the month of February, we continue to see a heavy focus on recovering from the pandemic. Given most state’s fiscal condition, governors have been generally hesitant to roll out new initiatives during this time, although broadband continues to receive attention, especially with the renewed attention surrounding its importance during the pandemic.

  • Read more about Workforce, broadband, rural investments at play in governors’ plans for economic development

Racial disparities in labor market outcomes examined

Thursday, April 8, 2021

A new commentary from a senior policy analyst at the Federal Reserve Bank of Cleveland examines the extent to which disparities exist between Black and whites in labor market outcomes such as levels of labor force participation, unemployment rates, and earnings. Economic inclusion trends have been studied at the national level, but this commentary takes a look at how those disparities vary within and across states with a specific look at the Fourth Federal Reserve District states of Kentucky, Ohio and Pennsylvania.

  • Read more about Racial disparities in labor market outcomes examined

A remembrance: Richard L. Thornburgh (1932-2020)

Thursday, January 7, 2021

As 2020 came to a close, we received word that former Pennsylvania Gov. Dick Thornburgh had passed away on Dec. 31.

As 2020 came to a close, we received word that former Pennsylvania Gov. Dick Thornburgh had passed away on Dec. 31. Obituaries in the New York Times, Washington Post and Pittsburgh Post-Gazette, rightly focused on his tenure as U.S. Attorney General and his two terms as governor, including his handling of Three Mile Island shortly after becoming governor. But I would like to focus on his legacy as it relates to technology-based economic development (TBED) and as a person.

  • Read more about A remembrance: Richard L. Thornburgh (1932-2020)

Maryland’s first State of the Economy report finds almost a decade of stalled economic and population growth

Thursday, January 11, 2024

Last week (Jan. 3), Maryland’s state comptroller released the state’s first State of the Economy report.

  • Read more about Maryland’s first State of the Economy report finds almost a decade of stalled economic and population growth

Pennsylvania Governor requests $113M for innovation in his FY 2026 spending plan

Thursday, March 27, 2025

Pennsylvania Gov.

  • Read more about Pennsylvania Governor requests $113M for innovation in his FY 2026 spending plan

Strategies for developing an annual report—Part 2

Thursday, February 27, 2025

NOTE: The nation's community of technology-based economic development organizations has entered annual report season, and we've already seen several releases from SSTI members. All document the impact TBED can have on advancing research, moving it to market, and helping businesses improve their profitability and competitiveness.

  • Read more about Strategies for developing an annual report—Part 2

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