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  • weekly_digest (214)
Displaying 151 - 175 of 214
Authored on

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

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

TBED People

Wednesday, December 2, 2009

TBED People
Eric Abelquist has been named executive vice president of Oak Ridge Associated Universities and deputy director of the Oak Ridge Institute for Science and Education.

Arn Boezaart, who has been interim executive director of the Michigan Alternative and Renewable Energy Center the past six months, will take over the position permanently.

  • Read more about TBED People

Maine S&T Action Plan Outlines Goals for Capitalizing on Research

Wednesday, November 18, 2009

Since the 1990s, Maine has done an excellent job investing in R&D to establish a robust research capacity, but little has been done in terms of building a capacity for innovation and entrepreneurship, according to the 2010 Science and Technology Action Plan. The report identifies three main strategies to position the state as a global competitor and create high-paying jobs and economic prosperity.

  • Read more about Maine S&T Action Plan Outlines Goals for Capitalizing on Research

TBED People and Job Opportunities

Wednesday, June 15, 2011

Maine Gov. Paul LePage has nominated George Gervais, the acting commissioner of the Maine Department of Economic and Community Development as commissioner. His nomination must be reviewed by the Joint Standing Committee on Labor, Commerce, Research and Economic Development and confirmed by the Senate.

  • Read more about TBED People and Job Opportunities

Legislative Wrap-Up: Support for TBED Initiatives in DE, ME, NV, NC, TX

Wednesday, July 20, 2011

Lawmakers in several states wrapped up their 2011 sessions in time for the new fiscal year, which begins on July 1 for most states, allocating funds and passing bills in support of tech-based economic development. Read more...

  • Read more about Legislative Wrap-Up: Support for TBED Initiatives in DE, ME, NV, NC, TX

TBED People

Wednesday, January 5, 2011

SSTI Board member Phillip Singerman has been named as the Associate Director for Innovation and Industry Services for the National Institute of Standards and Technology. He will assume this position on January 31.

Alabama Gov.-elect Robert Bentley named former house speaker Seth Hammett as the director of the Alabama Development Office.

  • Read more about TBED People

TBED People

Wednesday, January 12, 2011

Maine Governor Paul LePage named Phillip Congdon as the new commissioner of the Department of Economic and Community Development. Cogndon is a licensed professional engineer who spent more than 20 years with Texas Instruments in Dallas. He replaces Acting Commissioner Thaxter Trafton.

  • Read more about TBED People

TBED People

Wednesday, November 10, 2010

The Tennessee Biotechnology Association has changed their name to Life Science Tennessee.

Ann Arbor SPARK recently added Bill Mayer as director of their business accelerator team.

  • Read more about TBED People

Clean Tech Commercialization in NM Will Create High-tech Businesses and Jobs, Says Group

Wednesday, December 1, 2010

In Growing New Mexico's Clean Tech Economy, the Clean Technology Commercialization Working Group examines steps that must be taken for New Mexico to capitalize on the state's clean technology opportunity by bridging the funding "valley of death." In a report commissioned by the New Mexico Economic Development Department, the advisory group asserts four high-priority recommendations will accelerate New Mexico's clean technology commercialization.

  • Read more about Clean Tech Commercialization in NM Will Create High-tech Businesses and Jobs, Says Group

TBED People

Wednesday, December 1, 2010

TBED People
Anne Barth has been named the executive director of TechConnect West Virginia.

Joann Rockwell MacMaster has been appointed site director for the Arizona Center for Innovation at the UA Tech Park.

Catherine Renault resigned from her position as director of the Maine Office of Innovation effective December 3.

  • Read more about TBED People

Maine Voters Approve Energy and Economic Development Bond

Wednesday, June 9, 2010

Four bond issues totaling $108.3 million appear headed for passage by voters following the primary election yesterday. Two of those measures are aimed at job creation efforts through capital investments, funding for R&D, and renewable energy measures. The Associated Press has projected the $23.75 million economic development bond as winning with a narrow lead of 51-49. The energy bond is passing with 59 percent of the vote.

  • Read more about Maine Voters Approve Energy and Economic Development Bond

University R&D and Venture Capital Rise, While Business Growth Declines in Maine

Wednesday, April 6, 2011

Three recent reports from Maine provide insight into the challenges of fostering an innovative economy in a rural state. Overall, the research suggests that Maine has done well in its efforts to support startups, but could do more to help those startups expand and find new markets. By encouraging innovation-based businesses to expand to markets outside of Maine and by offering mentoring services, the state could overcome the stagnation that can occur when companies and states focus on local markets.

  • Read more about University R&D and Venture Capital Rise, While Business Growth Declines in Maine

MS Special Session Produces Incentives for Biofuels Development

Wednesday, September 1, 2010

Lawmakers called into special session on Friday approved a $75 million incentive package for a Texas-based energy company to build five biofuel facilities in the state expected to generate 1,000 new jobs through a total $500 million investment. The package approved by lawmakers also includes $4 million for a workforce training fund through the state's institutions of higher education and up to $2 million for biomass research at Alcorn State University and Mississippi State University.

  • Read more about MS Special Session Produces Incentives for Biofuels Development

Four Organizations Achieving Impressive Economic Results Win National Award, Serving As Models Of Best Practice For States And Regions

Wednesday, September 22, 2010

Four organizations were named winners of SSTI's 2010 Excellence in TBED Award, serving as national models for states and regions investing in science, technology and innovation to grow and sustain their economies and create high-paying jobs.

  • Read more about Four Organizations Achieving Impressive Economic Results Win National Award, Serving As Models Of Best Practice For States And Regions

New Mexico Candidates Propose Access to Capital, Tax Cuts for Small Businesses

Friday, August 27, 2010

The candidate elected as New Mexico's 27th governor will make history as the state's first female governor. Democratic nominee Diane Denish and Republican nominee Susana Martinez both offer plans largely focused on New Mexico's economic recovery and balancing the state budget. Denish's plan centers on support for small businesses such as greater access to capital and establishing a Federal Innovation Research Matching Grant program for small, high-tech companies.

  • Read more about New Mexico Candidates Propose Access to Capital, Tax Cuts for Small Businesses

PA One Step Closer to Budget Deal; HI, NM, VA Govs Outline Spending Plans

Thursday, January 7, 2016

While many states have begun negotiations on budget plans for FY17 and beyond, Pennsylvania has made some progress on FY16 spending. Gov. Tom Wolf signed a partial budget that funded many agencies and programs related to economic development, but that did not include higher education funding and other operations. In the coming months, SSTI will review gubernatorial addresses and budget proposals related to economic development. This week, we highlight developments in Hawaii, New Mexico, Pennsylvania and Virginia.

  • Read more about PA One Step Closer to Budget Deal; HI, NM, VA Govs Outline Spending Plans

IL, NM Invest in Venture Funds to Bolster Capital Access for Startups

Thursday, January 28, 2016

This week, leaders in Illinois and New Mexico announced new investments to help seed and early stage technology startups access equity capital. The Illinois Treasurer will launch the Illinois Growth and Innovation Fund, which would invest $220 million over the next three years in 15-20 funds across the state. No more than 15 percent of the money will be placed with any particular fund. The state’s investment will target emerging tech companies, beginning later this quarter.

  • Read more about IL, NM Invest in Venture Funds to Bolster Capital Access for Startups

NM Unveils Plan to Create Energy Jobs, VT Claims Green Jobs Victory

Thursday, September 17, 2015

New Mexico Gov. Susana Martinez has released the state’s first comprehensive energy plan since 1991. Her administration characterizes the plan as an “all of the above” approach with an emphasis on improving infrastructure, creating new incentives and streamlining regulations. Though the plan does not feature support for energy technology R&D, it prioritizes reducing fresh water consumption and improving workforce training for energy jobs.

  • Read more about NM Unveils Plan to Create Energy Jobs, VT Claims Green Jobs Victory

Several energy cluster states in recession

Wednesday, March 1, 2017

The perils of regional economies being too dependent on single industry clusters, particularly as it affects the financing of state governments, are playing out in the Great Plains. Kansas, New Mexico, North Dakota, Oklahoma and Wyoming have been or still are experiencing recessions, beginning as early as spring 2015 for two, according to a new analysis by Jason P. Brown for the Tenth Federal Reserve District.

  • Read more about Several energy cluster states in recession

CO, MN, NM, OK state budgets take hit in innovation funding

Thursday, June 8, 2017

As governors and state legislatures continue their negotiations over state budgets, SSTI has reviewed the latest to be signed. The process has proved difficult in more than a few states, with New Mexico having to overcome several stalemates and still facing shortages while in Oklahoma three-fourths of the state agencies are seeing decreased funding due to the state’s $900 million shortfall.

  • Read more about CO, MN, NM, OK state budgets take hit in innovation funding

Tech Talkin' Govs, Part III

Wednesday, January 21, 2009

The third installment of the Tech Talkin' Govs series includes highlights from state of the state, budget and inaugural addresses from governors in Minnesota, Missouri, Nevada, and New Mexico.

  • Read more about Tech Talkin' Govs, Part III

Budget Passes in PA, but Debate Continues; FY17 Spending Approved in AL, FL, ID, NM

Thursday, March 31, 2016

Many states across the country already have, or will soon have, signed budgets ready for the 2017 fiscal year.  Over the past few months, SSTI has examined gubernatorial addresses and proposed budgets for a preview of technology-based economic development spending in the coming year. This week, we take a look at what initiatives and spending levels survived spending negotiations in Alabama, Florida, Idaho and New Mexico, as well as an update on the budget situation in Pennsylvania.

  • Read more about Budget Passes in PA, but Debate Continues; FY17 Spending Approved in AL, FL, ID, NM

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

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