The transition from finite energy sources such as fossil fuels to renewable energy sources is on. The U.S. government, European Union and China are directing billions into the development of renewable energies. Most states have adopted energy standards to encourage the change. Private investments in renewable energies also have surpassed investments in fossil fuel technologies. Economic opportunities and challenges for regions across the country abound as a result.

After this year's Big Reveal, Wednesday, Sept. 15 at lunch, join practitioners named as best practices in the field of tech-based economic development as they gather during a thought-provoking session to discuss only the most important issues for the TBED community — lessons learned, how to measure impact, and how to communicate success to sustain programs. SSTI is rolling out an entirely new format for the session this year designed to engage audience members through an intimate setting featuring an interview format led by Peggy Shults, President and CEO of Lytmos Group, LLC.

As an SSTI Conference Sponsor, you have the chance to showcase your organization with the decision makers responsible for crafting and implementing local and state-level policies and programs that directly contribute to the nation's competitiveness. Today's marketplace is about belonging and staying connected. No other event brings together so many of the nation's top players in the TBED community.

In an interview with Globes, an Israeli business magazine, former Pennsylvania governor Tom Ridge discussed the importance of innovation in the renewable energy industry and its role in the transition from "the industrial era to the green era." Ridge said, "Renewable energy isn't another discovery and research field, it must be an applied science that will lead to energy solutions to guarantee our lives in the near and distant future." During his time in the Governor's office, Gov.

"Tapping the Technology Innovation Program and the Manufacturing Extension Partnership"
On September 14th from 9:00 A.M.-12:00 P.M., SSTI is co-hosting a regional meeting with officials from the Technology Innovation Program (TIP) and the Manufacturing Extension Partnership (MEP) that we encourage you or one of your colleagues to attend. TIP and MEP are two of the most market-driven programs offered by the federal government. The meeting will give you a chance to learn directly from officials with the two programs about:

SSTI's popular plenary format with instant audience polling allows you to take part in the most pressing issues facing the TBED community by providing input, asking questions, and contributing data from your state or region. Through a request for information on commercializing university technology and a series of regional meetings, Obama administration officials have been seeking input on what universities' economic development roles have been, haven't been, should be, and what the federal government should do about it.

A research consortium led by Pennsylvania State University will receive up to $122 million over the next five years to develop an Energy Innovation Hub focused on developing technologies for making buildings more energy efficient. The team will pursue a research, development and demonstration program targeting technologies for single buildings and district-wide systems, according to a news release. This is the third innovation hub announced by DOE this year to receive FY10 funding.

Regular readers of the Digest know that over the last year, SBA has launched a set of new programs and initiatives, including support for cluster development, changes to the SBIC application process, the revival of the FAST program, and a request for information on mentoring and entrepreneurship education for high-growth companies.

SSTI is proud to premier a new type of event at our 14th Annual Conference. The Power Roundtable is equal parts best tips of the trade, informational interviews, and speed dating. We'll start with nationally recognized experts in six critical areas for TBED providing a rapid-fire roundtable of their top four insider tips for success — so you are guaranteed to leave with two dozen of the most important lessons for better TBED practices.

SSTI's 14th Annual Conference agenda features some of the most relevant topics designed to help your efforts to support regional innovation, and this year we're going straight to the top to find out what federal officials, governors, and state policymakers envision on the road ahead for tech-based economic development. Brian McGowan, a senior Economic Development Administration official, will kick off the conference on Tuesday, Sept.

Pressure on state budgets is at a historic high, and, ultimately, it's going to be state legislators that will make the decisions on how limited resources are allocated. The Road Ahead: The View from Legislators will provide you the opportunity to get a candid assessment from two legislators on what is needed to build support for tech-based economic development in this tough environment and what they see as the road ahead.

What are the steps in building a successful regional alliance?
How can my region benefit from the Obama administration's vision for innovation?
Where should I look for funding now with state budgets so tight?

Everyday more organizations are realizing the potential of mentoring programs to help assist high-tech entrepreneurs and to build stronger tech industries. In recognition of this growing trend, SSTI will feature two sessions on entrepreneurial mentoring at this year's Annual Conference. The first, Sustaining Entrepreneur-in-Residence & Mentoring Programs, will examine how these programs recruit, retain and support experieinced mentors.

This afternoon, Pennsylvania Gov. Edward Rendell signed a $650 million package of tax incentives, loans and grants to spur the development and use of clean energy technologies within the state. The governor believes that the bill will help the state leverage as much as $3.5 billion in private investment and help the state build a stronger clean energy industry. Highlights from the Alternative Energy Investment Act include:

National Governors Association