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Type

  • weekly_digest (168)
Displaying 101 - 125 of 168
Authored on

Budget Update: Economic Development Remains Priority Despite Contentious Debates in Many States

Thursday, July 16, 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 Alaska, Connecticut, Louisiana, South Carolina and Vermont.

  • Read more about Budget Update: Economic Development Remains Priority Despite Contentious Debates in Many States

MN Adopts Equity Crowdfunding; MD Organizations Announce Partnership Crowdfunding Portal

Thursday, July 9, 2015

Last month, Minnesota Gov. Mark Dayton signed the MNVest bill – an intrastate securities exemption that allows Minnesota-based companies and entrepreneurs to raise money through equity crowdfunding. To qualify for the exemption, businesses must show evidence of several requirements including being organized under state laws and that its principal office is located in Minnesota. Companies can raise capital from both accredited and non-accredited investors from across the state.

  • Read more about MN Adopts Equity Crowdfunding; MD Organizations Announce Partnership Crowdfunding Portal

Listen to SSTI's Interview with Dave McNamara of SCLaunch

Friday, May 8, 2009
Listen to SSTI's Interview with Dave McNamara of SCLaunch
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TBED People and Organizations

Wednesday, May 6, 2009

W. Steven Burke is the new president of Biofuels Center of North Carolina.

  • Read more about TBED People and Organizations

Minnesota Lawmakers Establish Green Jobs Plan; Gov Takes Final Action on Budget

Wednesday, July 15, 2009

As one of several states working to recruit and retain companies that create green jobs, Minnesota lawmakers passed a measure to create a multiagency authority to promote, market and coordinate state agency collaboration on green enterprise and green economy projects. At the same time, legislators rejected Gov.

  • Read more about Minnesota Lawmakers Establish Green Jobs Plan; Gov Takes Final Action on Budget

New Federal, University Agreements Established to Encourage Industry-Sponsored Research

Wednesday, December 14, 2011

Innovative companies involved in commercializing research with universities and federal agencies often cite complicated contracts and uncertainty surrounding the process as a barrier to bringing more technologies to the marketplace. In an effort to remove some of those hurdles, two new initiatives recently were announced from the University of Minnesota (UM) and the Department of Energy (DOE).

  • Read more about New Federal, University Agreements Established to Encourage Industry-Sponsored Research

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

Research Park RoundUp

Wednesday, October 12, 2011

As budgets for economic development tighten across all sectors, measuring and reporting impact becomes even more crucial for sustaining support. The Association of University Research Parks points to three impressive impact reports released this year from Indiana's Purdue Research Park, Nebraska Technology Park and North Dakota State University Research and Technology Park.

  • Read more about Research Park RoundUp

TBED People

Wednesday, May 4, 2011

TBED People
SSTI board members Rob Atkinson and Rebecca Bagley and SSTI member Stephen Tang were appointed to the U.S. Department of Commerce Innovation Advisory Board. The 15-member board will guide a study of U.S. economic competitiveness and innovation to help inform national policies.

  • Read more about TBED People

TBED People & Orgs

Wednesday, July 13, 2011

Pamela Goldberg has been appointed as the executive director of the Massachusetts Technology Collaborative. Currently, Goldberg serves as director of entrepreneurial leadership at Tufts University.

  • Read more about TBED People & Orgs

Legislative Wrap-Up II: MA, MN, NJ Dedicate Funds for S&T

Wednesday, July 27, 2011

Recent legislative actions supporting technology-based economic development include level funding for the Massachusetts Life Sciences Center, funding to support programs of the Minnesota Science and Technology Authority and the expansion of two state programs in support of technology and life sciences companies in New Jersey.

  • Read more about Legislative Wrap-Up II: MA, MN, NJ Dedicate Funds for S&T

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.

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Minnesota Plan Recommends $750 Million Over 10 Years for S&T Programs

Wednesday, January 19, 2011

Minnesota needs additional support for science and technology commercialization, manufacturing and entrepreneurship in order to remain competitive, according to a new strategic plan released by the Minnesota Science and Technology Authority. The plan recommends an initial appropriation of $10 million annually, ramping up over ten years, to invest in the state's R&D capacity, talent development and capital and business development.

  • Read more about Minnesota Plan Recommends $750 Million Over 10 Years for S&T Programs

TBED People and Job Opportunities: People and Organizations

Tuesday, February 22, 2011

Alabama then-Governor-elect Robert Bentley on January 3 named former House Speaker Seth Hammett as director of the Alabama Development Office, replacing Interim Director Linda Swann. He also appointed the president of the Birmingham-based Economic Development Partnership of Alabama, Bill Taylor, to lead efforts to grow and retain existing Alabama industries, while at the same time recruiting new businesses to the state.

  • Read more about TBED People and Job Opportunities: People and Organizations

Research Parks RoundUp

Wednesday, November 3, 2010

Often credited with contributing significant revenue to states' economies, research parks also house facilities for workforce training and provide resources for tech-based industries, which is especially important as the nation's employment begins to pick up steam. In West Virginia, officials are building a $15 million advanced technology-training center at the state-owned research and technology park, and in Utah, officials recently broke ground on a building that will house engineers and analysts working on the nation's Intercontinental Ballistic Missile program.

  • Read more about Research Parks RoundUp

SC Changes Endowed Chairs Program & Manufacturing Incentives

Wednesday, June 30, 2010

Touted as a tool to help the state attract and retain jobs, South Carolina Gov. Mark Sanford last week signed into law H. 4478, the Economic Development Competitiveness Act. The new law directs one-third of the state's endowed chairs money be administered by the Coordinating Council on Economic Development — a reform measure that the governor says will help shift its focus to job creation and allow private sector investment to lead public sector investment. Funding previously was administered by an academic panel.

  • Read more about SC Changes Endowed Chairs Program & Manufacturing Incentives

SBA Selects 10 Regional Efforts for Cluster

Wednesday, September 29, 2010

The Small Business Administration (SBA) announced the selection of 10 regional economic development and job creation efforts through a new pilot program, Innovative Economies, that supports small business participation in regional economic clusters. SBA's funding is designed to expand the opportunities and the role small businesses play in these regional collaborations. The awardees were selected from among 173 applicants. Awards went to organizations in: Alabama, California, Connecticut, Illinois, Michigan, Minnesota, Mississippi, North Carolina, Ohio and South Carolina.

  • Read more about SBA Selects 10 Regional Efforts for Cluster

TBED People

Friday, August 20, 2010

Craig Dye was named director of the Mtech VentureAccelerator Program, a fast-track, early admission program tied to Mtech's Technology Advancement Program.

The Minnesota High Tech Association announced Margaret Anderson Kelliher, speaker of the Minnesota House, will assume the role of president of the Association beginning in January after she leaves public office.

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MD, SC Boost Defense Industry Support in Budgets; TBED Proposals Released in AZ, MO

Thursday, January 21, 2016

Many governors around the country have begun laying out priorities for the next legislative session. In the coming weeks, SSTI will review gubernatorial addresses and budget proposals related to economic development. This week, we highlight developments in Arizona, Maryland, Missouri and South Carolina.

  • Read more about MD, SC Boost Defense Industry Support in Budgets; TBED Proposals Released in AZ, MO

New Programs in St. Louis, Twin Cities Connect Startups With Corporations

Thursday, August 27, 2015

Recently announced programs in the St. Louis and Minneapolis-St. Paul regions offer startups and major corporations new chances to connect and work together. Pioneered by Illinois’ Corporate Startup Challenge, these types of programs seek to build bridges between important components of the innovation ecosystem: revolutionary new products and services and established market leaders.

  • Read more about New Programs in St. Louis, Twin Cities Connect Startups With Corporations

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

South Carolina Research Authority impact in excess of $1B in 2021, report finds

Thursday, January 20, 2022

South Carolina’s innovation economy is benefiting from funding and support to academic institutions and tech startups from the South Carolina Research Authority (SCRA). According to its annual report, SCRA produced an economic impact of over $1 billion in the state in 2021, an increase of about 5.4 percent from 2020. SCRA is a nonprofit corporation chartered by South Carolina to develop the state as a top innovation destination. SCRA and its affiliates provide loans and investments to South Carolina-based companies.

  • Read more about South Carolina Research Authority impact in excess of $1B in 2021, report finds

SCRA reports over $1.15B in economic impact to state’s economy

Thursday, February 2, 2023

The South Carolina Research Authority (SCRA) had an economic impact of over $1.15 billion in FY 2022, through follow-on funding, grants awarded, investments made by affiliate SC Launch Inc, job support and more,  according to their annual report. This total is an increase of almost 15% from their economic impact in FY 2021. The report was compiled by SCRA with assistance on the economic impacts provided by the University of South Carolina Darla Moore School of Business. 

  • Read more about SCRA reports over $1.15B in economic impact to state’s economy

SC, NJ, Others Announce Funding for Industry-Specific Workforce Development

Thursday, April 21, 2016

To build 21st century workforces in key S&T sectors, several new public-private initiatives have been launched in South Carolina, New Jersey, Utah, and Montana. These initiatives are intended to better align the educational training of students with the needs of industries that each respective state has identified as a key industry cluster. Target industries include advanced manufacturing, aerospace, biotechnology, chemistry and plastics, and cyber security.

South Carolina

  • Read more about SC, NJ, Others Announce Funding for Industry-Specific Workforce Development

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