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Type

  • weekly_digest (227)
Displaying 176 - 200 of 227
Authored on

2014 Bills Tackle Crowdfunding, Tax Credits, Startup Capital and More

Tuesday, February 18, 2014

Several bills aimed at supporting startups, advancing research and improving the workforce have been introduced with the start of the 2014 sessions. Some of the proposed legislation offers a glimpse into the investment priorities of governors and lawmakers in the wake of economic recovery. Providing innovative companies with access to startup funds is a continued theme from previous years. Some states are seeking to expand tax credits for angel investors or offer new tax credits to encourage emerging industries. Other bills focus on generating more skilled workers quickly and positioning universities to enhance regional economic competitiveness.

  • Read more about 2014 Bills Tackle Crowdfunding, Tax Credits, Startup Capital and More

State and Municipal Investments Seek To Overcome U.S. Broadband Setbacks

Thursday, February 20, 2014

Recent court decisions regarding high-speed Internet competition and net neutrality have put U.S. broadband competitiveness on uncertain terrain. Despite two decades of publically supported high-speed data infrastructure efforts, many rural areas still lack access and even densely populated areas remain underserved.  New statewide efforts in Kentucky, Minnesota and Iowa have been announced to improve broadband services and boost economic competitiveness. In addition, Google has announced that it will expand its ultra-fast fiber services to nine more cities across the country.

  • Read more about State and Municipal Investments Seek To Overcome U.S. Broadband Setbacks

New Commercialization Efforts Launched by Universities, Industry Partners

Thursday, February 27, 2014

University-focused initiatives that help bring new technologies and products to market help drive regional economic development and encourage an entrepreneurial culture on campuses. SSTI’s latest Trends in TBED report featured a number of commercialization efforts launched in 2013, including university-based funds to support ideas from faculty, staff and alumni. So far, 2014 also has proven active in this area with the announcement of several new initiatives to support university technology startups.

  • Read more about New Commercialization Efforts Launched by Universities, Industry Partners

Maine Legislature Approves Crowdfunding Bill

Thursday, March 13, 2014

Maine businesses may now raise up to $1 million in capital by selling small amounts of equity to individual investors as a result of legislation that recently became law without the signature of Gov. Paul LePage. Using a model similar to crowdfunding websites such as Kickstarter, participating businesses will be able to register with the Maine Office of Securities, setting both a fundraising goal and deadline.  Individual investors will be able to purchase up to $5,000 in equity from a single business.

  • Read more about Maine Legislature Approves Crowdfunding Bill

States Pass Innovation-Focused Legislation

Wednesday, March 26, 2014

Investments and policy to support innovation-focused agendas have flourished with the close of the 2014 legislative sessions in several states. Crowdfunding legislation, incentives for attracting talent, higher education affordability, punishing patent trolls, and encouraging greater accountability are some of the areas where lawmakers focused their efforts.

  • Read more about States Pass Innovation-Focused Legislation

Tech Talkin’ Govs Part IV: governors talk change, new administration, tech and education

Thursday, February 2, 2017

More than half of the country’s governors have delivered their state of the state addresses. Last week’s addresses tended to relate to the national election and the incoming administration, with some governors heralding the change and others pledging to try to reach a bipartisan understanding while standing firm on issues they believe in, like climate change in California. Although TBED issues may not have been at the forefront of the addresses, science, technology and especially innovation and higher education continue to receive attention. This week we zero in on comments delivered by governors in California, Hawaii, Illinois, Massachusetts, Minnesota, Montana and Utah.

  • Read more about Tech Talkin’ Govs Part IV: governors talk change, new administration, tech and education

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

States Commit to Improve Economic Prosperity Through Increased Broadband Access

Thursday, July 21, 2016

A month after a federal court ruled that high-speed Internet service can be defined as a utility, four states have announced commitments to expand high quality, reliable broadband services to rural areas and other underrepresented groups. Two Midwest states, Wisconsin and Minnesota, will provide funding to help support projects that improve access to broadband and spur economic prosperity.

  • Read more about States Commit to Improve Economic Prosperity Through Increased Broadband Access

Election 2016 Updates

Thursday, December 8, 2016

NC Gov. Pat McCrory conceded the election to Democrat Roy Cooper on Monday after a recount he requested in Durham County was showing no change in the election results.  Acknowledging that it was a divisive election, Gov.-elect Cooper said, “I know still that there is more that unites us than divides us.”  Cooper will face a Republican super majority in both chambers of the state legislature.

  • Read more about Election 2016 Updates

EDA Grants Support Regional Innovation

Thursday, October 6, 2016

The U.S. Department of Commerce’s Economic Development Administration (EDA) announced a number of grants last week to aid regional innovation and entrepreneurship efforts through infrastructure improvements, the creation of new spaces, and business improvements in regions across the country. The grants fund projects in AR, AZ, CA, ME, MI, and OH.

  • Read more about EDA Grants Support Regional Innovation

Tech Talkin’ Govs 2018, part 6: AR, CT, ME, WY look to boost economies

Thursday, February 15, 2018

SSTI’s Tech Talkin’ Govs feature continues as governors across the country are wrapping up their state of the state addresses. We review each speech for comments relevant to the innovation economy, and bring you their words directly from their addresses.

SSTI’s Tech Talkin’ Govs feature continues as governors across the country are wrapping up their state of the state addresses. We review each speech for comments relevant to the innovation economy, and bring you their words directly from their addresses.

In this latest installment of Tech Talkin’ Govs, Arkansas is celebrating its low unemployment while Maine says it will focus on a commercialization bond and grow the workforce in part through a student debt relief program. Connecticut wants new goals for clean energy and Wyoming’s focus on economic diversification continues with the governor there calling for full funding for the ENDOW initiative.

  • Read more about Tech Talkin’ Govs 2018, part 6: AR, CT, ME, WY look to boost economies

Policymakers leverage public libraries to promote innovation

Thursday, February 22, 2018

For hundreds of years, libraries have helped drive American innovation by serving as a trusted resource and providing information to a wide range of individuals. As libraries continue to implement their own initiatives in this space, policymakers across the country have recently turned to them as a way to level the playing field around workforce development and entrepreneurial support.

  • Read more about Policymakers leverage public libraries to promote innovation

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

Mayo Clinic policy change spurs entrepreneurship in Southeastern Minnesota

Thursday, May 10, 2018

A change in policy at the Mayo Clinic has “single-handedly sprouted a startup ecosystem in Rochester, as med-tech startups, accelerators, co-working spaces and a venture capital ecosystem have flourished in the area over the last half decade” according to new research by Maddy Kennedy of the The Minneapolis/St. Paul Business Journal.

  • Read more about Mayo Clinic policy change spurs entrepreneurship in Southeastern Minnesota

Loans for innovation: MN pilots a rare model

Thursday, July 12, 2018

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.

  • Read more about Loans for innovation: MN pilots a rare model

Lab Space, Commercialization Support Backed by State Governments

Thursday, June 26, 2014

State legislators in many parts of the country took action this year to fund the construction of research infrastructure and provide financial support for commercialization. In Kansas, New York, Georgia, Maine and Wyoming, legislators funded the construction of laboratories and other innovative spaces at public universities to boost the high-tech economy. In Colorado, Maryland and a number of universities, new initiatives were rolled out to support public-private research collaborations and the commercialization of cutting-edge technology.

  • Read more about Lab Space, Commercialization Support Backed by State Governments

Maine voters approve $50 million in tech: Why it matters to all of us

Thursday, July 6, 2017

Maine voters approved a special referendum on June 13 that will issue $50 million in bonds to fund investment in research, development and commercialization in the state’s seven targeted technology sectors. The Maine Technology Institute will distribute $45 million of the funds for infrastructure, equipment and technology upgrades. The remaining $5 million will be used to recapitalize the Small Enterprise Growth Fund to create jobs and economic growth by lending to or investing in qualifying small businesses.

  • Read more about Maine voters approve $50 million in tech: Why it matters to all of us

States scramble to negotiate final budgets; DE, LA, ME, MO, NH, VT and WA reviewed for innovation funding

Thursday, July 6, 2017

With a July 1 start to the fiscal year in most states, several states that were at an impasse over their budget faced at least partial shutdowns. Last minute negotiations restarted services in both Maine and New Jersey, while Illinois, which has been operating without a budget since 2015, faces threats of a downgrade in their credit rating if a deal cannot be reached. This week we present our findings of innovation funding from seven states, including $2 million in funding for a new public-private economic development organization in Delaware, an increase in funding in Louisiana for the state’s scholarship program for higher ed, and cuts to higher ed funding in Missouri, which also saw a severe drop in its funding to the Missouri Technology Corporation. Efforts in Maine, New Hampshire, Vermont and Washington are also detailed below.

  • Read more about States scramble to negotiate final budgets; DE, LA, ME, MO, NH, VT and WA reviewed for innovation funding

State budgets addressing TBED initiatives; review of ID, ME, WA

Thursday, January 12, 2017

As governors around the country are releasing their proposed budgets, SSTI is examining the proposals for TBED initiatives and will be presenting the findings here. This week Idaho, Maine and Washington are reviewed. Check back in the coming weeks for updates.

  • Read more about State budgets addressing TBED initiatives; review of ID, ME, WA

TBED funding to increase in some state budgets, cut in others; CA, HI, MN, NV, ND, RI

Thursday, January 26, 2017

SSTI has reviewed another mix of state budgets as governors across the country continue to release their proposals. Some states, like California and North Dakota, are seeing cuts in the amount of money designated for TBED-related work, while others like Minnesota are in a more favorable fiscal situation and continue to fund such initiatives. Still others, like Rhode Island, are proposing new initiatives.

  • Read more about TBED funding to increase in some state budgets, cut in others; CA, HI, MN, NV, ND, RI

MN, IA, Other States Look to Strong Agbiosciences Industry to Support Economic Prosperity

Thursday, August 28, 2014

Minnesota’s economic future may well be rooted in its historic leadership in agricultural production, according to a new report prepared by Battelle, Agbioscience as a Development Driver: Minnesota Agbioscience Strategy.

  • Read more about MN, IA, Other States Look to Strong Agbiosciences Industry to Support Economic Prosperity

CA, MN University Systems Take Different Approaches to Startup Support

Thursday, September 25, 2014

Within the past month, two of America’s major research universities – the University of California system (first in total R&D expenditures, according to the NSF) and the University of Minnesota-Twin Cities (eleventh in total R&D expenditures) announced new funds to increase the rate at which their students, faculties, and researchers are able to commercialize their ideas into new businesses.

  • Read more about CA, MN University Systems Take Different Approaches to Startup Support

States, industry partners launch workforce training efforts focused on 21st century jobs in CA, KY, MD, MI, NC, TN

Thursday, April 12, 2018

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.

  • Read more about States, industry partners launch workforce training efforts focused on 21st century jobs in CA, KY, MD, MI, NC, TN

Ballot Preview: Voters to Decide on Taxes, GMOs, Higher Ed

Thursday, October 30, 2014

On November 4, 42 states will vote on 146 ballot issues across a wide array of issues. In addition to initiatives on gun control, bear baiting, and the minimum wage, several initiatives relevant to the TBED community are also up for decision. SSTI has gathered information on many of these and will discuss their results after next week’s elections.

  • Read more about Ballot Preview: Voters to Decide on Taxes, GMOs, Higher Ed

TBED Ballot Issues, Bond Proposals Fare Well in Midterm Elections

Thursday, November 6, 2014

In case you missed it, the midterm elections were on Tuesday, resulting in Republicans taking control of Congress, several new governors, and five states endorsing minimum wage increases.

  • Read more about TBED Ballot Issues, Bond Proposals Fare Well in Midterm Elections

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