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  • weekly_digest (219)
Displaying 126 - 150 of 219
Authored on

Nine additional SSBCI state plans approved

Thursday, July 28, 2022

The U.S. Department of the Treasury announced nine additional states whose SSBCI plans have been approved: Arizona, Connecticut, Indiana, Maine, New Hampshire, Pennsylvania, South Carolina, South Dakota, and Vermont. This is in addition to the five states approved earlier this year: Hawaii, Kansas, Maryland, Michigan and West Virginia.

  • Read more about Nine additional SSBCI state plans approved

Tech Talkin’ Govs 2023: Governors’ innovation vision from their annual addresses

Thursday, February 9, 2023

After a busy election season that saw gubernatorial elections in 36 states, newly elected and re-elected governors delivered their annual State of the State addresses, kicking off new programs and reviewing the conditions of their states. SSTI reviews the speeches every year and covers news of new developments and initiatives the governors have highlighted as they relate to the innovation economy. New programs are laid out here in the governors own words as excerpts from their State of the State or budget addresses.

  • Read more about Tech Talkin’ Govs 2023: Governors’ innovation vision from their annual addresses

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

State Budgets Target Investments in Workforce, Higher Education

Thursday, January 15, 2015

As governors around the country begin their newest terms, their proposed budgets are beginning to take shape. Although few governors specifically target technology based economic development, after the first wave of budgets a variety of initiatives related to workforce development and higher education have garnered support.

  • Read more about State Budgets Target Investments in Workforce, Higher Education

Budget Update: Education Spending Vetoed in IA, Stable in CA, OH

Thursday, July 23, 2015

Now that many governors have signed spending bills and legislative sessions are drawing to a close, the SSTI Digest will check on the status of proposals related to the innovation economy, and examine the state of technology-based economic development funding in the states. This week, we review spending bills in California, Iowa, Ohio and New Jersey.

  • Read more about Budget Update: Education Spending Vetoed in IA, Stable in CA, OH

Newark Venture Partners to Launch $50M Investment Fund, Accelerator for City’s Startups

Thursday, July 30, 2015

Located just a 20-minutes from New York City, Newark has long existed in the shadow of its much larger neighbor. Despite this, Newark’s downtown received an important boost to its innovation ecosystem this week with the announcement of Newark Venture Partners, a venture capital fund and accelerator.

  • Read more about Newark Venture Partners to Launch $50M Investment Fund, Accelerator for City’s Startups

ME Considers State-Run EB-5 Program, GAO Report Looks at Economic Impact of EB-5 Programs

Thursday, August 20, 2015

Due to a lack of activity by the state’s three privately-run regional EB-5 centers that serve the state of Maine, the Maine Department of Economic and Community Development (MECD) is considering launching its own EB-5 visa program to attract more direct foreign investment to the state, according to the Bangor Daily News.

  • Read more about ME Considers State-Run EB-5 Program, GAO Report Looks at Economic Impact of EB-5 Programs

Maine Legislators Pave the Way for Renewable Energy Projects

Wednesday, July 1, 2009

Gov. John Baldacci signed two major bills this session supporting renewable energy R&D and creating a path for building private sector jobs in clean energy businesses. Lawmakers also passed a $150 million bond package, which includes funding for ocean and wind energy demonstration projects and support for Maine technology entrepreneurs. Voters will have the final say on the bond package in three separate ballot measures presented over the next two years.

  • Read more about Maine Legislators Pave the Way for Renewable Energy Projects

TBED People and Organizations

Wednesday, July 1, 2009

The Piedmont Triad Research Park laid off Bill Dean, director of the park, and Nancy Johnson, marketing director. Park officials said that the park's project manager and executive assistant also were laid off.

  • Read more about TBED People and Organizations

Summer Camps and Tech Challenges Prepare Next Generation Scientists, Engineers

Wednesday, July 15, 2009

The lazy days of summer may be the most challenging time to keep students and teachers motivated and engaged in academics. Fortunately, several programs across the country have risen to the challenge. And, with the Obama Administration's pledge to make math and science education a national priority, now may be an opportune time for collaboration among federal and state agencies, private foundations, and industry to reverse the U.S. decline in science, technology, engineering, and mathematics (STEM) fields.

  • Read more about Summer Camps and Tech Challenges Prepare Next Generation Scientists, Engineers

Legislative Wrap-up: Massachusetts, New Jersey, Oklahoma, and Rhode Island Pass FY10 Budgets

Wednesday, August 12, 2009

Over the past few months, several states have enacted spending plans for the upcoming fiscal year and passed legislation to support renewable energy initiatives and tax credits for R&D. While some TBED programs will face dramatic cuts in FY10, others are slated for slight decreases or will receive level funding. The following synopsis provides an overview of the 2009 legislative sessions across the following states:

  • Read more about Legislative Wrap-up: Massachusetts, New Jersey, Oklahoma, and Rhode Island Pass FY10 Budgets

Mid-Session Update on State TBED Proposals

Wednesday, March 7, 2012

As many states near the mid-point of their 2012 legislative sessions, we thought it would be a good time to take a look at some of the bills advancing in statehouses that could impact states' efforts to improve economic conditions. Several states are seeking to advance access to capital initiatives as they continue to struggle with declining revenue and tight credit restrictions. The following overview provides a sampling of TBED bills supporting access to capital, R&D enhancements and higher education standards.

Providing Access to Capital

  • Read more about Mid-Session Update on State TBED Proposals

Voters Reject Tax Increases, Back Bonds for Higher Ed

Wednesday, October 24, 2012

While election night's main focus was on the presidential race, the importance of ballot measures for states and metros is growing as public services and budgets are being severely trimmed. A recent article in The New Republic reports on a new trend where states are embracing ballot measures as a potential source of dedicated funds for targeted investments in regional economic growth and development.

  • Read more about Voters Reject Tax Increases, Back Bonds for Higher Ed

Maine Technology Institute To Connect Banks With Tech Firms

Wednesday, December 5, 2012

Recently, the Maine Technology Institute (MTI) announced a new outreach effort to connect the state's community banks with promising technology and innovation-based businesses. These businesses often have capital needs that differ from other small firms and less collateral to secure loans. As a result, it can be difficult for high-tech firms to secure bank loans. The initiative will kick off with a series of workshops, held in partnership with community banks, on the funding options available to tech companies.

  • Read more about Maine Technology Institute To Connect Banks With Tech Firms

TBED People & Orgs

Wednesday, August 29, 2012

Tony Grindberg, executive director at the NDSU Research and Technology Park, has announced his resignation effective Sept. 30. He has accepted a position as the business unit manager for the Aerospace Business Unit of Appareo Systems, LLC. Appareo Systems is headquartered in the NDSU Research Park on the NDSU campus. Grindberg has been with the NDSU Research Park for the past 10 years.

  • Read more about TBED People & Orgs

States, Universities Seek Support for Research Infrastructure

Wednesday, September 26, 2012

Whether to attract federal grants, keep up with demand to graduate more highly skilled students, or advance the capabilities for research and exploration, universities are pushing for state funding to invest in science buildings and other infrastructure needed to expand research capacity and improve competitiveness. In New Jersey, a measure to approve $750 million in higher education borrowing to build and renovate campus facilities will go to the voters in November.

  • Read more about States, Universities Seek Support for Research Infrastructure

TBED and the 2012 Ballots

Wednesday, October 3, 2012

Voters in 37 states will decide on more than 170 ballot measures this year, many of which are related to tech-based economic development (TBED). Tax measures seem to be dominating ballots this year, with questions relating to both decreases and increases for sales, property and income taxes. Several states are counting on voters to agree to temporary increases to help fill budget deficits and ensure steady funding for education.

  • Read more about TBED and the 2012 Ballots

TBED People & Orgs

Wednesday, June 27, 2012

Betsy Biemann, who has served as president of the Maine Technology Institute since 2005 has resigned. Joe Migliaccio, manager of MTI's Business Innovation Program, is serving as interim president.

Indiana Gov. Mitch Daniels has been named the next president of Purdue University. Daniels will become the 12th president in Purdue's 143-year history in January at the end of his second term as governor.

  • Read more about TBED People & Orgs

Governors' Higher Ed Reforms Win Approval in MA, NJ

Wednesday, July 11, 2012

Two bold proposals seeking to make big changes to community colleges in Massachusetts and New Jersey research universities recently were approved by lawmakers. In Massachusetts, more funding for the state's 15 community colleges is tied to increased oversight, performance measures and integration of workforce development initiatives. Meanwhile, New Jersey lawmakers passed a bill merging a medical and dentistry school with Rutgers University in hopes of strengthening partnerships for research projects and drawing more federal funding.

  • Read more about Governors' Higher Ed Reforms Win Approval in MA, NJ

TBED People & Orgs

Wednesday, July 25, 2012

Caren Franzini, the CEO of the New Jersey Economic Development Authority, stepped down after leading the agency for 21 years. Michele Brown, Gov. Chris Christie's appointments counsel, will take over as CEO.

  • Read more about TBED People & Orgs

Illinois, Massachusetts, Maine Release Innovation Indices

Wednesday, March 21, 2012

While many state programs provide periodic reports on their activities and impacts, a few states provide regular data on their innovation economy as a whole. These reports can be useful in assessing a state's overall approach to TBED and in finding new areas for strategic intervention. Recently, groups in Massachusetts, Maine and Illinois separately released innovation indices that provide quantitative guides to their state's progress in fostering innovation.

  • Read more about Illinois, Massachusetts, Maine Release Innovation Indices

Maine Gov's Veto of $20M R&D Bond Stands

Wednesday, May 30, 2012

House lawmakers fell short of overriding Gov. Paul LePage's veto of a $20 million bond for R&D projects that would have gone to voters in November following passage in the legislature earlier this month. The money would have been used by the Maine Technology Institute to provide competitive grants to businesses, nonprofit organizations, university research labs and others for R&D and commercialization projects through the Maine Technology Asset Fund (MTAF).

  • Read more about Maine Gov's Veto of $20M R&D Bond Stands

Three Universities Intend to Fuel Innovation and Grow Regional Economies with New Initiatives

Wednesday, October 12, 2011

Michigan State University, Rutgers University and the University of Michigan all have announced new initiatives that are intended to fuel innovation and grow regional economies. Michigan State established the University Center for Regional Economic Innovation — a university-based, economic development research center focused on generating businesses and jobs statewide. Rutgers University created a Disruptive Innovation Fund to provide up to $1 million to support the commercialization of innovative products.

  • Read more about Three Universities Intend to Fuel Innovation and Grow Regional Economies with New Initiatives

Research Park RoundUp: AURP and NRC Testify on Research Park Bill

Wednesday, December 9, 2009

A bill being debated in Congress would provide federal support for the development of research parks, a major contributor to scientific discovery, technology commercialization and new company formation. S. 583, entitled the Building A Stronger America Act and introduced earlier this year, would make available grants and loan guarantees for the development and construction of science parks to promote the clustering of innovation through high technology activities.

  • Read more about Research Park RoundUp: AURP and NRC Testify on Research Park Bill

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