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  • weekly_digest (366)
Displaying 76 - 100 of 366
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ARC announces $26.5M in POWER grants

Thursday, October 18, 2018

The Appalachian Regional Commission (ARC) announced its latest round of grants for Partnerships for Opportunity and Workforce and Economic Revitalization (POWER).

The Appalachian Regional Commission (ARC) announced its latest round of grants for Partnerships for Opportunity and Workforce and Economic Revitalization (POWER). The 35 grants totaling $26.5 million support workforce training and education in manufacturing, technology, healthcare, and other industry sectors; invest in infrastructure enhancements to continue developing the region's tourism, entrepreneurial, and agriculture sectors; and, increase access to community-based capital, including impact-investing funds, venture capital, and angel investment streams. The awards are projected to create or retain over 5,400 jobs and leverage more than $193 million in private investment into 59 Appalachian counties.

A few of the awards (with SSTI members in boldface) are highlighted here:

  • Read more about ARC announces $26.5M in POWER grants

NJ governor signs bills to expand angel investment tax credits, fund TBED

Thursday, July 11, 2019

New Jersey Gov. Phil Murphy signed multiple bills late last month that may help position the state as a leader in technology-based economic development. One bill increases the tax credit for angel investors in qualified technology companies, with even larger credits available for investments in women- and minority-owned businesses and those located in low-income areas. Meanwhile, the state’s approved FY 2020 budget includes $1.0 million for the New Jersey Commission on Science, Innovation, and Technology.

New Jersey Gov. Phil Murphy signed multiple bills late last month that may help position the state as a leader in technology-based economic development. One bill increases the tax credit for angel investors in qualified technology companies, with even larger credits available for investments in women- and minority-owned businesses and those located in low-income areas. Meanwhile, the state’s approved FY 2020 budget includes $1.0 million for the New Jersey Commission on Science, Innovation, and Technology. After nearly a decade of receiving no funding from the state, this marks the second consecutive year that the commission will receive $1.0 million to support technology-based economic development.

  • Read more about NJ governor signs bills to expand angel investment tax credits, fund TBED

New program supports additive manufacturing in US Army

Thursday, June 13, 2019

A new program designed to support additive manufacturing (AM) technology insertion into the existing U.S. Army supply chain could also grow the southwestern Pennsylvania manufacturing sector. Catalyst Connection, in partnership with the National Center for Defense Manufacturing and Machining (NCDMM) and America Makes, launched AMNOW, a potentially multi-phase, multi-year contract funded by the U.S. Army Combat Capabilities Development Command (CCDC) under the U.S. Army Futures Command.

  • Read more about New program supports additive manufacturing in US Army

BFTP programs boost PA economy by $4.1 billion over five years

Thursday, January 10, 2019

An independent economic analysis of the Ben Franklin Technology Partners reveals its impact on Pennsylvania’s economy — boosting the overall economy by $4.1 billion between 2012 and 2016, helping to create 11,407 high-paying jobs and generating $385 million in tax receipts for the state. Because the jobs were created in industries that pay 52 percent higher than the average nonfarm salary in Pennsylvania, the impact on the state’s GSP was greater, according to the report.

  • Read more about BFTP programs boost PA economy by $4.1 billion over five years

States look to investment tax credits to increase economic growth in DE, NJ, TN

Thursday, June 14, 2018

Over the past few weeks, Delaware, New Jersey, and Tennessee have proposed, announced or expanded investment tax credit programs to spur job creation and innovation. In Delaware, Gov.

Over the past few weeks, Delaware, New Jersey, and Tennessee have proposed, announced or expanded investment tax credit programs to spur job creation and innovation. In Delaware, Gov. John Carney signed the Angel Investor Job Creation and Innovation Act, while Tennessee is expanding its Angel Tax Credit criteria, and New Jersey is proposing establishing innovation zones and tax credits for high-tech businesses within those zones.

  • Read more about States look to investment tax credits to increase economic growth in DE, NJ, TN

States with new university-industry partnerships & research capacity activities work to strengthen economies and talent pipelines

Thursday, October 31, 2019

Research universities and their partnerships with industry, including an institution’s research capacity, are important elements to building a state’s economy as well as the national economy and talent pipeline and workforce.

  • Read more about States with new university-industry partnerships & research capacity activities work to strengthen economies and talent pipelines

Several states in play this election cycle for innovation initiatives, gubernatorial and legislative elections

Thursday, October 31, 2019

As voters head to the polls next week, some will be deciding the fate of innovation and development-related initiatives, while voters in Kentucky, Louisiana and Mississippi will be voting in gubernatorial elections. The initiatives include a possible additional $3 billion in Texas for cancer research. And in Louisiana, Mississippi, New Jersey and Virginia, legislative chambers are holding regular elections. Those races and initiatives are covered below.

State ballot initiatives  

Colorado

As voters head to the polls next week, some will be deciding the fate of innovation and development-related initiatives, while voters in Kentucky, Louisiana and Mississippi will be voting in gubernatorial elections. The initiatives include a possible additional $3 billion in Texas for cancer research. And in Louisiana, Mississippi, New Jersey and Virginia, legislative chambers are holding regular elections. Those races and initiatives are covered below.

  • Read more about Several states in play this election cycle for innovation initiatives, gubernatorial and legislative elections

Free tuition offerings continue to evolve in states across the US

Thursday, September 26, 2019

New Mexico Gov. Michelle Lujan Grisham became the latest governor to propose a plan for free tuition, with what has been called the “one of the most ambitious attempts to make higher education more accessible.” If approved, the plan would allow in-state students to attend any of the 29 state public colleges or universities, regardless of income. It is designed as a “last-dollar” program.

  • Read more about Free tuition offerings continue to evolve in states across the US

NJ Governor Shifting State TBED Priorities

Friday, February 14, 2003

NJCST Out, Cancer Research In

  • Read more about NJ Governor Shifting State TBED Priorities

People

Friday, January 31, 2003

Dr. Donald Smith has been named interim chief executive officer of the Pittsburgh Life Sciences Greenhouse.

  • Read more about People

People

Friday, January 24, 2003

Dennis Yablonsky, chief executive officer for the Pittsburgh Life Sciences Greenhouse, is Governor Ed Rendell's pick to serve as Secretary of the Department of Community and Economic Development.

  • Read more about People

Ben Franklin Technology Partners Create Funding Vehicle to Aid Growth of Companies

Friday, January 10, 2003

Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP/SEP), an independent nonprofit economic development organization, has announced the Commonwealth of Pennsylvania's $2 million commitment to establish the Ben Franklin Investment Partners venture guarantee revolving fund. The fund is the first such development financing vehicle of its kind in the U.S.

  • Read more about Ben Franklin Technology Partners Create Funding Vehicle to Aid Growth of Companies

People

Friday, December 13, 2002

Kevin Harter is leaving his position as president of the Central Pennsylvania Technology Council to become senior vice president of the new Life Sciences Greenhouse of Central Pennsylvania.

  • Read more about People

People

Friday, December 13, 2002

Pennsylvania Governor Mark Schweiker has been named President and CEO of the Greater Philadelphia Chamber of Commerce. The Governor will assume his new position on Feb. 1.

  • Read more about People

People

Friday, November 15, 2002

Fritz Bittenbender will become president of the Pennsylvania Biotechnology Association in December.

  • Read more about People

Innovation Index Assesses Philadelphia's Position in Innovation Economy

Friday, October 25, 2002

Innovation Philadelphia, the public-private partnership dedicated to enhancing the global innovation economy of Philadelphia, has unveiled the first Innovation and Entrepreneurial Index, a comprehensive study examining where Philadelphia stands in relation to key competitors in the Innovation Economy.

  • Read more about Innovation Index Assesses Philadelphia's Position in Innovation Economy

People

Friday, October 25, 2002

Dennis Yablonsky, who has been serving as CEO for both the Pittsburgh Digital Greenhouse and the Pittsburgh Life Sciences Greenhouse for most of the past year, has decided to focus exclusively on the biotech initiative. His replacement as president and CEO at the Pittsburgh Digital Greenhouse is David Ruppersberger.

  • Read more about People

People

Friday, October 18, 2002

Dr. Melvyn Schiavelli, senior program officer for the Harrisburg Polytechnic Development Corporation, has been named acting president and CEO, succeeding Dr. Charles Clevenger.

  • Read more about People

People

Monday, July 24, 2006

GSP Consulting, a full-service government and consulting firm, has added Dr. Jerry Paytas to its newly established Economic Architecture practice as director of research.

  • Read more about People

Rutgers Asks: Is It Time for the Next New Economy in NJ?

Monday, August 7, 2006

For many areas of the country, the first five years of the 21st century may well be remembered as a period of dramatic economic transformation, or the beginning of one as the rate of change continues at a fast clip. Having statistics for the five-year period of 2000-2005, however, provides the first opportunity for policymakers and academic researchers to look for meaning in the trends.

  • Read more about Rutgers Asks: Is It Time for the Next New Economy in NJ?

People

Monday, October 16, 2006

The Supercentenarian Research Foundation, a new nonprofit organization based in Pittsburgh, has selected outgoing Pittsburgh Life Sciences Greenhouse CEO Doros Platika as its chaiman.

  • Read more about People

People

Monday, August 15, 2005

Jack Pfunder is the new executive director of the Manufacturers Resource Center in Bethlehem, Pa.

  • Read more about People

People

Monday, July 18, 2005

Rebecca Bagley is the new Deputy Secretary for Technology Investment in the PA Dept. of Community and Economic Development.

  • Read more about People

New Jersey Senate Approves $150M for Stem Cell Facility

Monday, July 11, 2005

Just over two months ago, Acting Gov. Richard Codey announced budget shortfalls were delaying the state's $380 million stem cell research initiative (see the April 25 issue of the Digest).

  • Read more about New Jersey Senate Approves $150M for Stem Cell Facility

People

Monday, July 11, 2005

After nine years as deputy director of the National Science Foundation, Dr. Joseph Bordogna is resigning. He will return to the University of Pennsylvania as Alfred Fitler Moore Professor of Engineering.

  • Read more about People

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