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Type

  • weekly_digest (344)
Displaying 251 - 275 of 344
Authored on

New Initiatives Drive Rural Broadband Adoption in AL, KY, WI

Thursday, August 27, 2015

For many states, broadband connectivity is becoming an increasingly important tool used to improve the economic well-being of residents, especially in rural areas. While some have paved the way for publicly funded municipal broadband providers, others, such as North Carolina and Tennessee, have filed suit with the Federal Communications Commission and joined the telecommunications industry in their opposition.

  • Read more about New Initiatives Drive Rural Broadband Adoption in AL, KY, WI

Community Colleges Announce Free Tuition Plans; TN Promise Remains Under Microscope in State, Nation

Thursday, September 17, 2015

Since the establishment of the Tennessee Promise in 2014, the first statewide free community college effort, community college systems and states are outlining their own strategies to make a two-year education free for students in their region in attempt to create an educated, qualified workforce that addresses the needs of industry and promotes economic prosperity. While it may remain too early to judge the benefits and the costs of these programs – lawmakers and educational professionals remain divided on the issue. 

  • Read more about Community Colleges Announce Free Tuition Plans; TN Promise Remains Under Microscope in State, Nation

NY Approves $950M for Next Round of Regional Awards; SD, WY Approve TBED Spending

Thursday, April 7, 2016

Many states across the country already have, or will soon have, signed budgets ready for the 2017 fiscal year.  Over the past few months, SSTI has examined gubernatorial addresses and proposed budgets for a preview of technology-based economic development spending in the coming year. This week, we take a look at what initiatives and spending levels survived spending negotiations in New York, South Dakota, Wyoming.

  • Read more about NY Approves $950M for Next Round of Regional Awards; SD, WY Approve TBED Spending

States’ fiscal picture improves with growing economy

Thursday, August 16, 2018

The ability of states to deliver the services promised to its residents relies on their fiscal soundness. With most states beginning their fiscal year in July, SSTI has reviewed the current fiscal standing for each state and here presents a snapshot of our findings.

The ability of states to deliver the services promised to its residents relies on their fiscal soundness. With most states beginning their fiscal year in July, SSTI has reviewed the current fiscal standing for each state and here presents a snapshot of our findings.

Most states ended their fiscal year with a surplus and continue to recover from the Great Recession, with a growing economy and job gains. However, they face continuing demands on their budgets, with expanded Medicaid payments and the growing opioid crisis confronting nearly every state. Such decisions affect the state’s ability to fund innovation efforts, from the amount of support available for higher education and STEM programs, to funding for entrepreneurship, and forging public private partnerships to strengthen innovation programming that the private sector cannot fully support.

Our analysis found that some states that rely on the energy sector to fund their spending priorities continue to struggle, while others are already factoring in anticipated revenues as a result of new Supreme Court rulings involving gaming and online sales tax collections.

  • Read more about States’ fiscal picture improves with growing economy

NY launches tuition-free college education for New Yorkers

Thursday, April 13, 2017

On April 8, New York Gov. Andrew Cuomo announced that the Excelsior Scholarship program will be included in the state’s FY 2018 budget, after having been approved by the legislature. In its first year, the state will commit $163 million to provide tuition-free options for New Yorkers from ‘middle-class’ families at the state’s public institutions of higher education. Under the Excelsior Scholarship program, students can attend any of the colleges or universities that comprise the State University of New York and the City University of New York systems. After completing their degree, the scholarship requires that recipients must work or live in the state after graduation for the same number of years that they receive support. Cuomo contends that over 75 percent of the state’s 940,000 families with college-aged children would qualify for the program.

  • Read more about NY launches tuition-free college education for New Yorkers

IA, ND, NY state budgets hit and miss on innovation funding

Thursday, May 11, 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 Iowa, New York and North Dakota, finding mostly level and some increased funding for innovation programs in Iowa and New York – including free tuition at in-state colleges for qualifying residents – while North Dakota is looking at decreased funding for programs.

  • Read more about IA, ND, NY state budgets hit and miss on innovation funding

New York Launches $1B Green Bank; Other States Seeking Best Practices

Thursday, February 20, 2014

A proposal first announced during Gov. Andrew Cuomo’s 2013 State of the State address came to fruition earlier this month with a request for proposals (RFP) to fund clean energy projects through New York’s newly established green bank. A green bank is a state-sponsored nonprofit lender that provides long-term, low-cost financing support. Its purpose is to increase public-private investing in clean energy while offering consumers lower-cost energy solutions, according to the Green Bank Academy. Connecticut was the first state to establish a green bank in 2011, but several other states have demonstrated interest. Participants from at least 11 other states wanting to establish their own green banks recently attended the first Green Bank Academy in Washington, D.C.

  • Read more about New York Launches $1B Green Bank; Other States Seeking Best Practices

Highly Educated Workers Gravitate To, Between New York, Los Angeles and Chicago

Thursday, February 20, 2014

Los Angeles County (CA), New York County (NY) and Cook County (IL) topped the list of places where people older than 25 with graduate or professional degrees moved to between 2007 and 2011, according to the latest data from the U.S. Census Bureau’s County-to-County Migration Flows Tables. Middlesex County (MA) and Fairfax County (VA) also ranked among the top destinations for highly educated transplants. The Census report provides data on domestic migration at the county level, including data on income and educational attainment.

  • Read more about Highly Educated Workers Gravitate To, Between New York, Los Angeles and Chicago

New Commercialization Efforts Launched by Universities, Industry Partners

Thursday, February 27, 2014

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.

  • Read more about New Commercialization Efforts Launched by Universities, Industry Partners

People On The Move

Thursday, February 27, 2014

John Sider has accepted a position with Pennsylvania State Senator Vincent Hughes and the PA Senate Democratic Caucus to work on economic development policy and projects, effective April 1. Currently, Sider is the managing director of statewide initiatives at Ben Franklin Technology Partners.

Vic Nole has joined the Buffalo Niagara Medical Campus, Inc. as director of business development and entrepreneurial activity.

  • Read more about People On The Move

NIST MEP Awards MTAC pilots in CA, GA, OR, TX, WI

Thursday, March 13, 2014

The National Institute for Standards and Technology (NIST) Manufacturing Extension Partnership (MEP) program recently awarded $2.5 million for five pilot projects to improve small U.S. manufacturers' supply chain competitiveness and foster their readiness to adopt advanced technologies. The projects will be led by MEP centers and bring together teams of experts in specific technology areas. MEP centers in California, Georgia, Oregon, Texas and Wisconsin each will receive approximately $500,000 for the pilot efforts, which, in most cases, involve partners in other states.

  • Read more about NIST MEP Awards MTAC pilots in CA, GA, OR, TX, WI

Useful Stats: Higher Education R&D Expenditures by State, FY07-12

Thursday, March 13, 2014

Between FY2007-12, research and development (R&D) spending at U.S. universities grew 27.5 percent, from about $51.6 billion to $65.8 billion, according to the latest edition of the National Science Foundation’s (NSF) Higher Education Research and Development (HERD) survey. The survey provides a look at R&D spending at U.S. universities, with data broken down by state, institution, research area and funding sources.

  • Read more about Useful Stats: Higher Education R&D Expenditures by State, FY07-12

PA, WI, NY, CA Universities Launch Initiatives to Fuel Entrepreneurial Economy

Thursday, March 13, 2014

In an effort to help spur economic prosperity, several universities recently have unveiled new initiatives to connect potential entrepreneurs with university resources and help integrate the entrepreneurs into their region’s innovation ecosystem. The Blackstone Charitable Foundation also announced it will expand LaunchPad, a university-led entrepreneurship program, to a partnership that includes three universities in Southern California.

  • Read more about PA, WI, NY, CA Universities Launch Initiatives to Fuel Entrepreneurial Economy

Wisconsin Gov Signs $35M Worker Training Bill

Tuesday, March 18, 2014

A bill providing $35.4 million in workforce training grants to expand Wisconsin’s Fast Forward program was signed into law on Monday by Gov. Scott Walker. Funding will be available in the form of grants to technical colleges to reduce waiting lists for enrollment and for programs and courses that train students in high-demand fields. The funds also will support collaborative projects among school districts, technical colleges and businesses and for employment opportunities for people with disabilities.

  • Read more about Wisconsin Gov Signs $35M Worker Training Bill

States Pass Innovation-Focused Legislation

Wednesday, March 26, 2014

Investments and policy to support innovation-focused agendas have flourished with the close of the 2014 legislative sessions in several states. Crowdfunding legislation, incentives for attracting talent, higher education affordability, punishing patent trolls, and encouraging greater accountability are some of the areas where lawmakers focused their efforts.

  • Read more about States Pass Innovation-Focused Legislation

Cuomo talks tech and a whole lot more

Thursday, January 26, 2017

NY Gov. Andrew Cuomo delivered his state of the state address over three days and six different speeches, and released his proposed FY 2018 budget following the talks. Some of his major proposals affecting the technology-based economic development field include proposals he had revealed earlier and have previously been covered in the Digest, including his proposal for free tuition as well as a major investment in the life sciences.  In keeping with our Tech Talkin’ Govs series and budget reviews, some excerpts from his various speeches are detailed here, as well as a closer analysis of his proposed budget.

  • Read more about Cuomo talks tech and a whole lot more

AL, CT, FL, MI, MO, OK, PA and WI budget proposals boost and cut TBED

Thursday, February 9, 2017

In the latest round of state budget proposals, TBED initiatives receive mixed reviews. Some governors are boosting funding while others in cash-strapped states are proposing cuts.

  • Read more about AL, CT, FL, MI, MO, OK, PA and WI budget proposals boost and cut TBED

States Commit to Improve Economic Prosperity Through Increased Broadband Access

Thursday, July 21, 2016

A month after a federal court ruled that high-speed Internet service can be defined as a utility, four states have announced commitments to expand high quality, reliable broadband services to rural areas and other underrepresented groups. Two Midwest states, Wisconsin and Minnesota, will provide funding to help support projects that improve access to broadband and spur economic prosperity.

  • Read more about States Commit to Improve Economic Prosperity Through Increased Broadband Access

New York Investing $550 Million in Life Sciences Through 10-year Initiative

Wednesday, December 14, 2016

Gov. Andrew Cuomo proposed a new initiative this week to grow the life science research cluster throughout the state, pledging $550 million through a variety of programs including tax incentives, state capital grants, and investment capital with an expected match of $100 million from private sector partnerships for operating support.

  • Read more about New York Investing $550 Million in Life Sciences Through 10-year Initiative

EDA Announces Grants to Spur Manufacturing Growth, Address Declining Coal Industry

Thursday, August 18, 2016

Since the beginning of July, the Economic Development Administration (EDA) has announced almost $7.3 million in grants to support advanced manufacturing and support workforce development efforts in communities impacted by the decline coal industry. In Florida and Washington, the EDA announced funding to support the facilities that can house local manufacturing firms and provide the space and equipment necessary for them to create jobs.

  • Read more about EDA Announces Grants to Spur Manufacturing Growth, Address Declining Coal Industry

EDA Announces Over $8M to Expand Entrepreneurial, Business Support Services in AL, NY, TX

Thursday, September 8, 2016

Over the last month, the Economic Development Administration (EDA) announced over $8 million in grants to expand entrepreneurial and business support services in Alabama, New York, and Texas including:

  • Read more about EDA Announces Over $8M to Expand Entrepreneurial, Business Support Services in AL, NY, TX

KY, MO, NY, VT state budget proposals reveal cautious approach

Thursday, February 1, 2018

Governors continue to be cautious in their budget proposals, with many TBED programs seeing level funding or modest increases and cuts in some states while few new programs are being introduced. Kentucky is transferring one program to economic development, while at the same time reducing its funding. Missouri is proposing short-term benefits that may impact longer-term growth, while New York is looking to fund its life sciences initiative announced last year and Vermont is proposing an increase for its growth and innovation pilot project.

Kentucky

  • Read more about KY, MO, NY, VT state budget proposals reveal cautious approach

Tech Talkin’ Govs 2018, part 4: CA, HI, MA, MI, ND, SC, WI

Thursday, February 1, 2018

SSTI’s Tech Talkin’ Govs feature continues as governors across the country roll out their state of the state addresses. We review each speech for comments relevant to the innovation economy, and bring you their words directly from their addresses. In this fourth installment, we present excerpts from governors in California, Hawaii, Massachusetts, Michigan, North Dakota, South Carolina and Wisconsin.

SSTI’s Tech Talkin’ Govs feature continues as governors across the country roll out their state of the state addresses. We review each speech for comments relevant to the innovation economy, and bring you their words directly from their addresses. In this fourth installment, we present excerpts from governors in California, Hawaii, Massachusetts, Michigan, North Dakota, South Carolina and Wisconsin.

This week’s review includes states like California with its goal for lower carbon output to Hawaii and Massachusetts who are looking to increase their use of renewable energy sources. Meanwhile, energy-dependent North Dakota is looking to diversify its economy and Wisconsin seeks ways to build its workforce.

  • Read more about Tech Talkin’ Govs 2018, part 4: CA, HI, MA, MI, ND, SC, WI

$755 million awarded for NY economic development

Thursday, December 14, 2017

Gov. Andrew Cuomo announced more than $755 million in economic and community development funding awarded through Round VII of the Regional Economic Development Council initiative. The Regional Councils were established in 2011 as a community-based and performance-driven approach to economic development. Each of the 10 regions of the state must develop strategic plans tailored to their region.

  • Read more about $755 million awarded for NY economic development

Governors target diverse strategies to build rural broadband capacity, spur economic growth

Thursday, February 8, 2018

With more than 30 percent of rural America still lacking access to what the FCC considers adequate broadband, governors from across the country are working toward diverse strategies to build rural broadband capacity. By providing rural communities with access to full-speed, stable broadband, these governors hope that they can revitalize rural communities by helping small business formation and expansion as well as improve educational achievement/workforce training for rural citizens.

  • Read more about Governors target diverse strategies to build rural broadband capacity, spur economic growth

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