TechColumbus Unveils Best Practices in SSTI Interview
The TechColumbus TechStart Program supports and develops viable entrepreneurial companies from their earliest phase through their launch as significant economic contributors. SSTI's exclusive interview with Will Indest of TechColumbus digs deeper into the mechanics of the program to find out how the organization's impressive pipeline for entrepreneurs has led to the creation of high-wage jobs throughout the region. Download the interview ...
Ohio Voters Approve $700 Million Bond for Third Frontier Program
On Tuesday, voters approved a four-year, $700 million bond to extend funding for the Ohio Third Frontier initiative through 2016. Established in 2002, the initiative offers programs for emerging and established high-tech companies, including grants for pre-seed funding, research initiatives, product development and commercialization. Read more about the program ...
Psssst... Have You Heard What They're Saying?
CEOs and directors of some of the nation's most successful TBED organizations agree... SSTI's Excellence in TBED Award is great way to distinguish your initiative as a best practice and inform key stakeholders of your success. In today's economic climate, we know the importance of effectively communicating the value of your program, and having national recognition to back it up can give you a competitive edge. SSTI now is accepting applications for the 2010 Excellence in TBED Awards, and we want to hear your story. Deadline to apply is June 1.
SSTI Excellence in TBED Awards
JumpStart Shares Best Practices in SSTI Interview
A nationally recognized nonprofit organization creating economic transformation in Northeast Ohio, JumpStart Inc. provides resources to entrepreneurs leading high potential, early-stage companies. JumpStart CEO Ray Leach discusses how the organization has successfully partnered with regional organizations and philanthropic institutions to achieve its tremendous success. Download the interview ...
Excellence in TBED 2010 Dates Announced
2010 could be your organization's year to capture national recognition for excellence in technology-based economic development. SSTI will solicit nominations for the 2010 Excellence in TBED Awards beginning April 6 with an open call for applications. Awards are presented to organizations demonstrating successful local, state and regional efforts across six categories. For more information and a list of previous winners, please visit: http://www.ssti.org/Awards/index.shtml
SSTI invites you to share your TBED story
Now is the time to highlight your organization's impact and gain high-profile exposure as a recipient of SSTI's national award for excellence in technology-based economic development (TBED).
Recipients of this coveted award are showcased as best practices throughout the TBED community and promoted for their exceptional achievements in approaches to building tech-based economies and demonstration of outstanding results.
SSTI invites applications for the 2010 Excellence in TBED Awards in the following categories:
Job Corner
SSTI, a growing nonprofit organization serving the nation's tech-based economic development (TBED) community, seeks an entry-level policy analyst to research and prepare reports, articles and papers on TBED and assist with SSTI events. Excellent research abilities, strong writing and verbal skills and solid understanding of government are required. Candidates must have the ability to work independently or as part of a committed team and be dedicated to creating a quality product.
TBED People
Bryan Allinson has joined Ohio University as director of technology transfer.
SSTI Excellence in TBED Awards
TBED People
Chris Atkinson is the new director of West Virginia University's Center for Alternative Fuels, Engines, and Emissions (CAFEE).
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.
People on the Move & TBED Organization Updates
Robbie Melton has been named the executive director and CEO of the High Technology Development Corporation.
Gov. Bobby Jindal has appointed Louisiana Tech University president Les Guice to chair the Louisiana Innovation Council.
Tech Talkin’ Govs: Part VI
The sixth installment of SSTI’s Tech Talkin’ Govs series includes excerpts from speeches delivered in New Hampshire and Wyoming.
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.
New Commercialization Efforts Launched by Universities, Industry Partners
University-focused initiatives that help bring new technologies and products to market help drive regional economic development and encourage an entrepreneurial culture on campuses. SSTI’s latest Trends in TBED report featured a number of commercialization efforts launched in 2013, including university-based funds to support ideas from faculty, staff and alumni. So far, 2014 also has proven active in this area with the announcement of several new initiatives to support university technology startups.
Public-Private Partnerships Redefining U.S. Space Industry
In response to declining appropriations and the termination of the Space Shuttle program, NASA has had to re-orient its approach to commercial partnerships. Over the past decade, NASA has turned to private partnerships to further the agency’s goals of space research and exploration.
“Recoupling” Manufacturing and Innovation
Between 2000 and 2010, about one-third of U.S. manufacturing employment – approximately five million jobs – were lost as a result of new technologies in the manufacturing process or competition from abroad, according to The Brookings Institution.
TBED People and Orgs
Karen Mills, head of the Small Business Administration since 2009, has announced her departure. She will stay on until her successor is confirmed.
New Hampshire Gov. Maggie Hassan has nominated Jeffrey Rose to be the state's commissioner of Resources and Economic Development.
Tech Talkin' Govs: Part VI
Creating Shared Value through Locally Focused Venture Capital Funds
In the January 2011 edition of the Harvard Business Review, Michael Porter and Mark Kramer called for a redesign of the existing business model and their role within society. Instead of simply embracing corporate responsibility and corporate giving, businesses should work to create shared value within their community by helping to support local clusters and institutions to address societal needs and issues.
TBED People and Orgs
President Obama nominated Ernest Moniz as the next secretary of Energy, Gina McCarthy as administrator of the Environmental Protection Agency, and Sylvia Mathews Burwell as director of the Office of Management and Budget. The nominations require confirmation by the Senate.
Draper Triangle Ventures is opening a Columbus, OH, office. Will Indest, formerly of TechColumbus, has been named managing director.
Flurry of TBED Tax Incentives Pervade State Legislatures amid Increased Scrutiny
Measuring impact is critical to the success and sustainability of any economic development initiative, and as the national debate over fiscal austerity and taxpayer spending continues, TBED organizations can expect increased scrutiny and accountability for their investments.
TBED People and Orgs
Rebecca Blank, the acting U.S. secretary of Commerce, is expected to be the next chancellor of the University of Wisconsin at Madison. The Board of Regents is scheduled to vote on the recommendation April 5.
TBED People and Orgs
Oklahoma Gov. Mary Fallin announced that Jonna Kirschner, executive director of the Oklahoma Commerce Department, will serve on a transition team to establish a new workers’ compensation system. Vaughn Clark , the Commerce Department’s director of community development, was named as interim executive director.