NBIA Releases Study Demonstrating the Impact of Business Incubation
The National Business Incubation Association (NBIA) has released a new report that confirms that business incubators are helping to build healthy, long lasting businesses, and they are doing it at minimal cost with a good return on investment to supporters.
Calendar of Events
October 29, 1997
The American Society of Mechanical Engineers will sponsor Accessing Technology in Rhode Island. The briefing will provide information on state and federal technology resources available to assist businesses. For more information contact Reese Meisinger at 202/785-3756 or meisingerr@asme.org
October 29 - 30, 1997
Incubators Offer Proven Tool for Tech Business Growth
State and local strategies to assist start-up business formation often focus on three elements to help nascent firms: securing much-needed funding or capital (either private or public), lowering the overall cost of doing business, or gaining the skill set or access to intellectual resources to succeed.
SSTI Co-sponsoring Two Conferences of Note
SSTI is partnering with other organizations to sponsor two conferences that will be of interest to the TBED community: the Regional Workforce Education & Training Best Practices Conference put on by the ASME Center for Engineering Entrepreneurship & Innovation and the Internationalization of Regional Innovation organized by the European-based Technopolicy Network.
An SSTI Editorial: For the New Year, Something Has to Change. Perhaps You.
Diffusion of effort can be a great thing in fostering local or regional economic development because there are so many fronts on which the battle must be fought: workforce; business retention and recruitment; entrepreneurship; infrastructure; investing; and, science and technology addressing the needs of different sectors such as manufacturing, retail, service, financial or information technology.
2004 S&T Calendar Filling Up
240 events already posted on SSTI's web calendar
Although only a few events remain for 2003, SSTI's web calendar of science and technology (S&T) items has brief descriptions and contact links for 240 regional or national conferences, meetings and workshops planned for 2004.
2003 S&T Calendar Filling Up
Although only a few events remain for 2002, SSTI's web calendar of S&T items has brief descriptions and contact links for more than 120 regional or national conferences, meetings and workshops planned for 2003.
Two-State Regional Economic Development Group Touts Expanded Choices
Following a national economic development trend toward regionalism, governors in Iowa and Nebraska announced a partnership to provide more investment and talent opportunities for area businesses, and increased exposure for the region. Under the multi-county collaboration, Advance Southwest Iowa will join the Greater Omaha Economic Development Partnership. The group plans to implement a five-year regional economic development program focused on establishing a recognized brand and image for the region, growing and recruiting businesses, and retaining a trained workforce.
People On The Move & TBED Organization Updates
Ted McAleer has resigned as executive director of USTAR. Also Gary Herbert has announced the appointment of former Lt. Gov. Greg Bell as chair of the USTAR Governing Authority. Bell, now president and CEO of the Utah Hospital Association, takes the place of outgoing chair Dinesh Patel.
Useful Stats: U.S. Seed and Early Stage Venture Capital Investment by State, 2008-13
Last year, U.S. venture capitalists invested about $10.7 billion in seed and early stage companies, 17.1 percent higher than 2012, according to data from the National Venture Capital Association (NVCA) and PricewaterhouseCoopers (PwC) Moneytree survey. Though the overall venture capital (VC) market has returned to about the same level of activity as before the economic crisis, investment in seed and early stage companies has grown by more than a third.
States and Cities Push Forward with Immigration Reform to Promote Entrepreneurship
In the U.S. there is strong bi-partisan consensus that immigration is a key driver for entrepreneurship and regional competitiveness. With federal immigration reform essentially shelved for 2014, cities and states are searching for their own solutions to attract and retain high-skilled immigrants. Proposals by Michigan Gov. Rick Snyder and other policymakers represent new approaches to immigration reform that can support local entrepreneurship and regional economic development.
Entrepreneurial Black households found to have highest business return rates
On average, Black households engaged in entrepreneurial activity have a higher rate of return on their business in comparison to Hispanic and white households, according to an Economic Commentary from the Federal Reserve Bank of Cleveland. Public policy encouraging and supporting minority entrepreneurship and innovation pays profits as well as social dividends, the study reveals.
Tech Talkin’ Govs 2023: Governors’ innovation vision from their annual addresses
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.
11 additional states approved for federal funding through SSBCI
The U.S. Department of the Treasury announced 11 additional states whose SSBCI plans have been approved: Alaska, Idaho, Iowa, Massachusetts, Minnesota, Missouri, Nebraska, Nevada, New Mexico, Ohio, and Utah.
Election 2024 results: Three innovation funding issues pass, other ballot measures have mixed results
Forty-one states and Puerto Rico voted on 151 statewide ballot measures this fall. Many measures focused on abortion, citizenship, or electoral system reforms. Three measures with direct connection to innovation all were approved by voters, augmenting the strong track record tech-based economic development initiatives have when they are placed directly before voters.
ARC makes ARISE awards
The Appalachian Regional Commission (ARC) recently awarded $14.5 million in Appalachian Regional Initiative for Stronger Economies (ARISE) grants for five projects.
Several states getting early jump on emerging blockchain, cryptocurrency acceptance
Recent headlines have been full of discussion on cryptocurrencies and speculation on significant changes in federal policy related to the technology. Anticipating federal action, leaders of several states are exploring ways to get their own jurisdictions involved in the space. Here are some recent examples, drawing from proposed legislation to implemented policies and structures for acceptance of the financial innovation:
States Considering Bitcoin Reserves
Tech Talkin’ Govs 2025: Innovation emphasized in governors’ State of the State addresses—Part 5
In this final coverage of gubernatorial addresses as they discuss the innovation economy, the following highlights have been selected from State of the States or budget addresses given between Feb.