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  • weekly_digest (108)
Displaying 76 - 100 of 108
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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

NGA Launches Pilot Program in Six States to Prepare Teens, Millennials for Middle-Skill, STEM Careers

Thursday, December 17, 2015

The National Governors Association’s (NGA) Center for Best Practices launched the 2016 Policy Academy on Scaling Work-Based Learning – a pilot program in six states that blends work experience and applied learning to develop youth and young adults’ foundational and technical skills to expand their education, career and employment opportunities. The goal of the program is to connect 16- to 29-year-olds with middle-skills career opportunities in STEM-intensive industries such as advanced manufacturing, health care, information technology and energy.

  • Read more about NGA Launches Pilot Program in Six States to Prepare Teens, Millennials for Middle-Skill, STEM Careers

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

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

South Carolina proposed budget focused on education, workforce

Thursday, March 23, 2017

Proposed under previous South Carolina Gov. Nikki Haley, the state’s FY 2017-2018 budget request calls for approximately $3.5 billion to be spent on K-12 and higher education funding including:

  • Read more about South Carolina proposed budget focused on education, workforce

AZ, MT, NE state budgets see some funding increase for innovation

Thursday, May 18, 2017

SSTI continues its reporting on actions taken by state legislatures to invest in economic growth through science, technology, innovation and entrepreneurship. This week, we look at the budgets passed and signed by governors in Arizona, where R&D infrastructure will get a boost at the state’s public universities, Montana, which will see an increase in funding for some higher education research facilities, and Nebraska, where the state maintained the amount authorized for funding to small businesses for commercialization activities.

Arizona

  • Read more about AZ, MT, NE state budgets see some funding increase for innovation

Budget Proposals Focus on States' Investment in Research, Workforce Training

Wednesday, December 10, 2008
Despite projected deficits in several Western and Great Plains states, governors in Montana, South Dakota, and Wyoming recently unveiled budget proposals for the upcoming fiscal year, providing level or increased funds for research priorities and workforce training central to each state's economic vitality.
  • Read more about Budget Proposals Focus on States' Investment in Research, Workforce Training

TBED People and Organizations

Wednesday, December 10, 2008

Gov. Jim Douglas plans to merge the Vermont Departments of Economic Development and Housing and Community Affairs.

  • Read more about TBED People and Organizations

2008 Excellence In TBED Winners Honored For Achievement In Building Tech-Based Economies

Wednesday, October 22, 2008

Four recipients selected as best practice models in technology-based economic development were honored during an awards ceremony last week in Cleveland during SSTI's 12th Annual Conference. The awards follow a national competition emphasizing impact and replicability in approaches to building and sustaining tech-based economies.

  • Read more about 2008 Excellence In TBED Winners Honored For Achievement In Building Tech-Based Economies

SC, TX and WV budgets retain some innovation funding

Thursday, June 29, 2017

The state budget process is winding down across the country and SSTI continues to review the final budgets for funding for innovation-based programs. This week, we found level funding for South Carolina programs including MEP and regional-based economic development efforts, while university programs in Texas are taking a hit, and in West Virginia Gov. Jim Justice refused to sign the state budget although he will allow the legislatively approved measure to become law. Unless otherwise noted, the figures below represent level funding from the previous budgets.

  • Read more about SC, TX and WV budgets retain some innovation funding

South Carolina Committee Develops Plan for Higher Ed

Wednesday, April 8, 2009

Last week the South Carolina Higher Education Study Committee, formed by the General Assembly in 2007, released its action plan to improve postsecondary education and economic opportunity within the state.

  • Read more about South Carolina Committee Develops Plan for Higher Ed

SC Centers Program Sees Job Creation, Leverage in 5-Year Results

Wednesday, January 21, 2009

The South Carolina Centers of Economic Excellence (CoEE) Program, an initiative to recruit star scientists into distinct research clusters at the state's three research universities, has gained $205 million in competitive res

  • Read more about SC Centers Program Sees Job Creation, Leverage in 5-Year Results

Incubator RoundUp: Specialized Incubators Increasing Their Numbers Nationwide

Wednesday, March 10, 2010

Silicon Valley, a region often looked to for trends in the technology field, is expected to see a rise in the number of new high-tech incubators and the expansion of existing incubators in the coming months. A recent Wall Street Journal article points to these openings as a sign of revival for technology startup companies amid a relatively slow period last year as startup investment plunged during the recession.

  • Read more about Incubator RoundUp: Specialized Incubators Increasing Their Numbers Nationwide

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

Award Winning TBED Groups Garner Praise, Support to Expand Reach

Wednesday, April 2, 2014

SSTI Excellence in TBED award winners produce real results that are changing the landscape of their communities, expanding infrastructure to grow high-tech sectors and improving the competitiveness of their regions. Their efforts haven’t gone unnoticed in the broader innovation community. Over the past couple of months, award winners have grabbed headlines – and funding – for their impressive work. U.S. Secretary of Commerce Penny Pritzker stopped by Clemson University’s Center for Automotive Research to tout its success in workforce development. In St. Louis, Monsanto recently awarded $2.5 million to BioSTL to support bioscience startups and, in Arizona, a $1 million grant will help fund ASU accelerator programs.

Help us spread the news about the program! SSTI’s open call for applications for the 2014 Excellence in TBED awards is April 16.

  • Read more about Award Winning TBED Groups Garner Praise, Support to Expand Reach

Private Sector Input Drives Montana Business Plan

Wednesday, April 9, 2014

Montana’s new business plan commissioned by Gov. Steve Bullock outlines five overarching themes, described as pillars, with specific goals, objectives and tasks for diversifying the state’s economy. Encouraging innovation and supporting emerging industries is the focus of one pillar, with recommendations for strengthening the role of universities, establishing funding streams for entrepreneurs, and developing a network of statewide business mentors. The Main Street Montana Project was lead by two top business leaders in the state to ensure private sector buy-in, according to the governor.

  • Read more about Private Sector Input Drives Montana Business Plan

State budget proposals see some increases for innovation, cuts in LA

Thursday, January 25, 2018

In this week’s review of state budget proposals, Alabama and Arizona’s governors are proposing funding increases for higher education, while Louisiana is facing cuts due to a budget shortfall. In Hawaii, the governor is seeking supplemental funding for the Hawaii Technology Development Corp to expand its grant making capacity, while Idaho and South Carolina’s governors are seeking more money for workforce programs.

Alabama

In this week’s review of state budget proposals, Alabama and Arizona’s governors are proposing funding increases for higher education, while Louisiana is facing cuts due to a budget shortfall. In Hawaii, the governor is seeking supplemental funding for the Hawaii Technology Development Corp to expand its grant making capacity, while Idaho and South Carolina’s governors are seeking more money for workforce programs.

  • Read more about State budget proposals see some increases for innovation, cuts in LA

Montana Offers $2.5 Million to Enhance Bio-Medical Research Collaborations

Wednesday, September 2, 2009

The Montana Department of Commerce has announced that it will provide $2.5 million in grants to support bio-medical research. Montana-based, private nonprofit research institutions are eligible to apply for the funding, which may be used to expand, renovate and purchase equipment for biomedical research. The grants also may be used to expand infrastructure that will enhance scientific collaborations within the Montana University System.

  • Read more about Montana Offers $2.5 Million to Enhance Bio-Medical Research Collaborations

TBED People and Orgs

Wednesday, April 3, 2013

Mark Lytle has been named the University System of Georgia's new vice chancellor for economic development.

Frederick Cartwright has been appointed the executive director of the Clemson University International Center for Automotive Research.

  • Read more about TBED People and Orgs

TBED People and Orgs

Wednesday, April 24, 2013

Chris Coburn, the founding executive director of Cleveland Clinic Innovations, is leaving at the end of May to join Boston-based Partners Healthcare, the largest healthcare system in Massachusetts.

Mary Jo White has been confirmed by the Senate as the new head of the Securities and Exchange Commission.

  • Read more about TBED People and Orgs

TBED People and Orgs

Wednesday, May 1, 2013

Bill Kirkland will head the new Office of Economic Engagement that will begin operations July 1 at the University of South Carolina. The new entity will facilitate business development statewide, and work through USC&'s seven regional campuses.

John Carey, a former state representative, was appointed by Gov. John Kasich as the chancellor of the Ohio Board of Regents.

  • Read more about TBED People and Orgs

Tech Talkin’ Govs, Part II: CO, GA, SC, VA, WA, WY focus on tech needs, education, more

Thursday, January 19, 2017

More governors delivered their state of the state addresses and this week we bring you TBED news from governors around the country. Areas of focus include tech infrastructure needs, diversifying economies, cybersecurity and education. While some governors are giving their inaugural addresses, Gov. Nikki Haley used her time to bid farewell. Following are excerpts from the past week’s addresses.

  • Read more about Tech Talkin’ Govs, Part II: CO, GA, SC, VA, WA, WY focus on tech needs, education, more

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