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Type

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Displaying 401 - 425 of 504
Authored on

NASA Transition Continues to Spur University, Industry Partnerships

Wednesday, August 28, 2013

The winding down of the space shuttle program in Florida’s Space Coast by the Obama administration in 2010 spurred a transition in NASA’s areas of focus, including an increased emphasis on commercializing technologies and industry partnerships. NASA recently announced several new initiatives with tech firms, universities, and state agencies geared toward investing in cutting-edge research and technology and developing an educated workforce.

  • Read more about NASA Transition Continues to Spur University, Industry Partnerships

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

Looming Revenue Shortfalls Latest Challenge for Many States

Wednesday, December 12, 2012

Amid the economic uncertainty surrounding fiscal cliff negotiations, and what it means for states, some governors are erring on the side of caution when it comes to funding recommendations for the upcoming year. At the same time, several state budget officers are projecting significant revenue shortfalls in the current fiscal year or biennium as a result of lower than expected tax collections.

  • Read more about Looming Revenue Shortfalls Latest Challenge for Many States

TBED People & Orgs

Wednesday, December 12, 2012

Gov. Lincoln Chafee has nominated Deputy Director William Parsons to lead the Rhode Island Economic Development Corporation.

Gov. Rick Perry has appointed J. Bruce Bugg, Jr. as president and chairman of the Texas Economic Development Corp.

Gov.-elect Steve Bullock tapped Meg O'Leary to be the Montana Commerce Department director.

  • Read more about TBED People & Orgs

Tech Talkin' Govs: Part I

Wednesday, January 9, 2013

SSTI's Tech Talkin' Govs series has returned for its 13th annual edition. The series highlights new and expanded TBED proposals from governors' State of the State, Budget and Inaugural addresses across the nation. The first edition includes excerpts from speeches delivered in North Dakota, New Hampshire, New York, and Virginia.

  • Read more about Tech Talkin' Govs: Part I

Tech Talkin' Govs: Part III

Wednesday, January 16, 2013

The third installment of SSTI's Tech Talkin' Govs series includes excerpts from speeches delivered in Georgia, Hawaii, Indiana and Michigan. Our first two installments were in the Jan. 9 and Jan. 16 issues of the Digest.

  • Read more about Tech Talkin' Govs: Part III

VA Gov Wants Additional $10M for Entrepreneurship, Workforce Measures

Wednesday, January 16, 2013

Through a combination of new funding in the current budget and legislative measures aimed at coordinating state efforts and measuring progress, Gov. Bob McDonnell hopes to showcase Virginia as the premier destination for entrepreneurs to start or relocate a business. New funding, to the tune of nearly $10 million, would be used to establish a regional accelerator grant program, cybersecurity accelerator, and career pathways development program, among others.

  • Read more about VA Gov Wants Additional $10M for Entrepreneurship, Workforce Measures

Details Emerge in $1.5B Plan to Create Connecticut's Next Generation Workforce

Wednesday, February 13, 2013

Revolutionizing STEM facilities, hiring new faculty, increasing undergraduate enrollment and even planning new dorms to house the anticipated influx of new students are part of Gov. Dan Malloy's proposed $1.5 billion expansion and investment in the University of Connecticut (UConn).

  • Read more about Details Emerge in $1.5B Plan to Create Connecticut's Next Generation Workforce

MI Program to Provide Experience in Advanced Manufacturing for High School Seniors

Wednesday, February 13, 2013

In partnership with local manufacturing firms, the Michigan Economic Development Corporation (MEDC) announced that it is accepting applications for the Michigan Advanced Technician Training (MAT2) program — a pilot program for high school seniors that will combine paid work experience with an associate's degree in the field of mechatronics.

  • Read more about MI Program to Provide Experience in Advanced Manufacturing for High School Seniors

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

Michigan’s University Research Corridor Generates $17.5B in Economic Impact

Thursday, January 28, 2016

Although universities are often pitted against each other in athletic events or competitions for state funding, one area in which they have increasingly been able to collaborate is in research and development. Modeled after the hugely successful Research Triangle in North Carolina, the University Research Corridor (URC), an alliance of Michigan’s three largest higher education institutions – Michigan State University, the University of Michigan, and Wayne State University – was established by the state in 2007 with the goal of accelerating statewide economic development.

  • Read more about Michigan’s University Research Corridor Generates $17.5B in Economic Impact

Workforce Efforts in AL, TX, VA Look to Build, Maintain Talent Pipelines

Thursday, June 9, 2016

While the recent Job Openings and Labor Turnover Survey (JOLTS) has some economists concerned that the U.S. economy is running out of qualified workers to fill existing openings, several states have announced workforce programs that are intended to address the skills-gap and build the talent pipeline in their respective states.

  • Read more about Workforce Efforts in AL, TX, VA Look to Build, Maintain Talent Pipelines

Tech Talkin’ Govs: Energy, Workforce Initiatives Prominently Featured in Gubernatorial Addresses

Thursday, January 15, 2015

SSTI's Tech Talkin' Govs series has returned as governors across the country formally convene the 2015 legislative sessions. The series highlights new and expanded TBED proposals from governors' State of the State, Budget and Inaugural addresses.

  • Read more about Tech Talkin’ Govs: Energy, Workforce Initiatives Prominently Featured in Gubernatorial Addresses

Tech Talkin’ Govs: Workforce, Education Issues Continue to Dominate Gubernatorial Addresses

Thursday, January 22, 2015

SSTI's Tech Talkin' Govs series has returned as governors across the country formally convene the 2015 legislative sessions. The series highlights new and expanded TBED proposals from governors' State of the State, Budget and Inaugural addresses.

  • Read more about Tech Talkin’ Govs: Workforce, Education Issues Continue to Dominate Gubernatorial Addresses

MI, OH, OK, TN, WI Budgets Highlight Workforce Development, Tax Credits

Thursday, February 12, 2015

This week, governors in Michigan, Ohio, Oklahoma, Tennessee, and Wisconsin unveiled their budget proposals. Included in the governors’ recommendations are several cases of agency restructuring and funds for workforce development, innovation tax credits, and other TBED-relevant issues.

  • Read more about MI, OH, OK, TN, WI Budgets Highlight Workforce Development, Tax Credits

States Seek Slice of Growing Unmanned Aircraft Industry

Thursday, October 1, 2015

As the Federal Aviation Administration continues to propose regulations around the fledging unmanned aircraft system (UAS) industry in order to ensure that it integrates into the current system as well as possible, states are beginning to act in order to improve their own competitiveness.

  • Read more about States Seek Slice of Growing Unmanned Aircraft Industry

Universities Build Diverse Partnerships to Fund Startups

Thursday, December 3, 2015

In the face of declining state funding and drawn-out budget negotiations, universities are moving beyond traditional budget procedures to secure funding for their economic development activities. Over the past few months, several universities have leveraged new sources of public and private funds to establish seed funds for university technology. These efforts are intended to increase the number of businesses emerging from their respective educational and research programs and spur regional economic prosperity.

  • Read more about Universities Build Diverse Partnerships to Fund Startups

Budget Update: Entrepreneurship Programs Survive Contentious Budget Negotiations in MN, MI, KS

Thursday, June 18, 2015

Over the past few months, SSTI has followed proposals issued by governors in their budget requests, State of the State Addresses, Inaugural Speeches and other events. Now that many governors have signed spending bills, the SSTI Digest will check on the status of these proposals, and examine the state of technology-based economic development funding in the states. This week, we review actions in Kansas, Michigan and Minnesota.

  • Read more about Budget Update: Entrepreneurship Programs Survive Contentious Budget Negotiations in MN, MI, KS

VA Youth Entrepreneurship Council to Expand Student IP Rights, Opportunities

Thursday, September 3, 2015

A new Virginia council will coordinate the state’s efforts to help young people create businesses. Gov. Terry McAuliffe recently signed Executive Order 47 establishing the Governor’s Council on Youth Entrepreneurship, following up on a series of roundtables with students and faculty.

  • Read more about VA Youth Entrepreneurship Council to Expand Student IP Rights, Opportunities

Biden Announces New Institute for Advanced Composites Manufacturing Innovation in Detroit

Thursday, September 24, 2015

While speaking in Detroit last week, Vice President Joe Biden announced the creation of an Institute for Advanced Composites Manufacturing Innovation (IAMCI)  location in Detroit, aimed at creating better composite materials for wind turbines, compressed gas storage, and in particular, the automotive industry. Funded by the U.S.

  • Read more about Biden Announces New Institute for Advanced Composites Manufacturing Innovation in Detroit

Huntington Bank Commits $25M for Comprehensive Economic Development Programming in Flint

Thursday, April 7, 2016

As the water crisis in Flint, MI, continues to capture headlines, details on potential relief efforts are beginning to emerge. In January, President Obama granted $5 million in emergency funding to address the crisis, while the state has approved $67 million in funding since October.

  • Read more about Huntington Bank Commits $25M for Comprehensive Economic Development Programming in Flint

VA Gov Set to Sign Package of ED Bills Including New Research Fund

Thursday, April 28, 2016

On April 20, the Virginia General Assembly sent three economic development-focused bills (HB 1343, HB 846, and HB 834) to Gov. Terry McAuliffe. The bills include the creation of a new research fund and the creation of a network of regional economic development councils. Although the bills have yet to be signed, Gov. McAuliffe has publicly supported each of them. This package of economic development initiatives was originally proposed in the governor’s economic development strategy as well as his recent budget proposal. However, it took some compromise between the governor’s original proposals and the General Assembly to reach a final package.

  • Read more about VA Gov Set to Sign Package of ED Bills Including New Research Fund

Pilot program matches researchers with economic and community development issues

Thursday, October 4, 2018

Vibrant Virginia (VV), a new program from Virginia Tech’s Office of Economic Development, is offering seed grants as a way to encourage faculty and graduate students to explore persistent public policy challenges spanning the state’s urban, suburban, and rural communities.

  • Read more about Pilot program matches researchers with economic and community development issues

States’ fiscal picture improves with growing economy

Thursday, August 16, 2018

The ability of states to deliver the services promised to its residents relies on their fiscal soundness. With most states beginning their fiscal year in July, SSTI has reviewed the current fiscal standing for each state and here presents a snapshot of our findings.

The ability of states to deliver the services promised to its residents relies on their fiscal soundness. With most states beginning their fiscal year in July, SSTI has reviewed the current fiscal standing for each state and here presents a snapshot of our findings.

Most states ended their fiscal year with a surplus and continue to recover from the Great Recession, with a growing economy and job gains. However, they face continuing demands on their budgets, with expanded Medicaid payments and the growing opioid crisis confronting nearly every state. Such decisions affect the state’s ability to fund innovation efforts, from the amount of support available for higher education and STEM programs, to funding for entrepreneurship, and forging public private partnerships to strengthen innovation programming that the private sector cannot fully support.

Our analysis found that some states that rely on the energy sector to fund their spending priorities continue to struggle, while others are already factoring in anticipated revenues as a result of new Supreme Court rulings involving gaming and online sales tax collections.

  • Read more about States’ fiscal picture improves with growing economy

Key ballot initiatives to impact state futures

Thursday, November 1, 2018

SSTI has reviewed the ballot initiatives across the country that affect innovation. Several states have energy initiatives on their ballots, while higher education funding is at play in Maine, Montana, New Jersey and Rhode Island. Utah could become only the second state to fund its schools through gas taxes, if a measure there is passed. At the same time, four states have ballot issues addressing redistricting commissions which could have a significant impact on state legislative makeup when lines are redrawn after the 2020 census.

 

Arizona

SSTI has reviewed the ballot initiatives across the country that affect innovation. Several states have energy initiatives on their ballots, while higher education funding is at play in Maine, Montana, New Jersey and Rhode Island. Utah could become only the second state to fund its schools through gas taxes, if a measure there is passed. At the same time, four states have ballot issues addressing redistricting commissions which could have a significant impact on state legislative makeup when lines are redrawn after the 2020 census.

  • Read more about Key ballot initiatives to impact state futures

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