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Type

  • weekly_digest (519)
Displaying 476 - 500 of 519
Authored on

Budget Round Up: States Address Higher Ed Affordability, Research Capacity, Workforce

Thursday, January 23, 2014

Several common themes surrounding higher education have emerged as governors across the country unveil investment priorities for the upcoming fiscal year or biennium. In many states, governors have proposed more funding to increase affordability by freezing tuition or creating new scholarship funds. Support for expanding research capacity, technology-related infrastructure and job training in high-demand industries are some of the proposed measures aimed at competitiveness.

  • Read more about Budget Round Up: States Address Higher Ed Affordability, Research Capacity, Workforce

Tech Talkin’ Govs 2018, part 3: DE, NM, RI, VA, WV governors focus on education, jobs for innovation initiatives

Thursday, January 25, 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 third installment, we present excerpts from governors in Delaware, New Mexico, Rhode Island, Virginia and West Virginia.

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 third installment, we present excerpts from governors in Delaware, New Mexico, Rhode Island, Virginia and West Virginia.

Many of the governors across the country are delivering the final addresses and taking the time to look back over their term on accomplishments while others are looking forward to new initiatives. The Delaware governor’s comments in the innovation space centered on jobs and strengthening training opportunities while in New Mexico the governor is term limited and she took the opportunity to focus on jobs and manufacturing partnership with Mexico. The Rhode Island governor, who has indicated she will run for reelection this year, focused on education, job training and small business. Growth in the state’s clean energy industry was an accomplishment touted by the outgoing governor in Virginia. And in West Virginia, the governor is interested in free technical and community colleges.

  • Read more about Tech Talkin’ Govs 2018, part 3: DE, NM, RI, VA, WV governors focus on education, jobs for innovation initiatives

Policymakers leverage public libraries to promote innovation

Thursday, February 22, 2018

For hundreds of years, libraries have helped drive American innovation by serving as a trusted resource and providing information to a wide range of individuals. As libraries continue to implement their own initiatives in this space, policymakers across the country have recently turned to them as a way to level the playing field around workforce development and entrepreneurial support.

  • Read more about Policymakers leverage public libraries to promote innovation

Entrepreneurial Black households found to have highest business return rates

Thursday, February 23, 2023

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.

  • Read more about Entrepreneurial Black households found to have highest business return rates

Tech Talkin’ Govs, part 8: education, workforce, climate action and rural initiatives focus of innovation efforts

Thursday, March 7, 2019

This week we nearly finish our state of the state coverage, save two remaining governors (Louisiana and Minnesota) who have yet to present their addresses. In reviewing the speeches for news on innovation efforts, we find education taking the main stage in Florida and Tennessee, while Alabama and Ohio’s governors are hoping to build the state’s workforce, and North Carolina, still recovering from natural disasters, wants to decrease greenhouse gas emissions and provide tuition assistance for community college.

  • Read more about Tech Talkin’ Govs, part 8: education, workforce, climate action and rural initiatives focus of innovation efforts

Tech Talkin’ Govs, part 3: Economic development, broadband, education and climate change driving governors’ innovation agendas

Thursday, January 24, 2019

This week, we see broadband investment in Indiana; education initiatives that begin with pre-K and extend beyond high school in a number of states; lifelong learning approaches; apprenticeships; climate change and green energy initiatives in Nevada and Washington; and more on governors’ agendas. As governors across the country continue to deliver their state of the state addresses to their legislatures and constituents, SSTI monitors the speeches for news of innovation related initiatives.

  • Read more about Tech Talkin’ Govs, part 3: Economic development, broadband, education and climate change driving governors’ innovation agendas

Manufacturing wage growth supporting Appalachian economy

Thursday, November 21, 2019

Earnings for Appalachian manufacturing workers grew 3.4 percent from 2012 through 2017 to an average of $63,583. The growth is in the Appalachian Regional Commission’s Industrial Make-up of the Appalachian Region, 2002-2017, which reviews employment and wages by sector across the region. Appalachian workers overall saw earnings increase by 3.7 percent over the five years.

  • Read more about Manufacturing wage growth supporting Appalachian economy

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

States dealt blow with pandemic

Thursday, April 2, 2020

In general, the effect of the pandemic on states’ budgets due to the wave of business, retail, and commerce shutdowns, as well as other reduced economic activity across the nation, is not entirely known, or too early to forecast; however, a number of states are beginning to experience the initial impacts of a substantial downturn. With several states having already enacted their 2020-21 budgets, special sessions are expected later this year to deal with declining revenues. Others ended sessions early without a new fiscal year spending plan in place.

  • Read more about States dealt blow with pandemic

States launching innovation initiatives across the country

Thursday, February 27, 2020

Proving that innovation is appealing to states regardless of their size or political leanings, new initiatives in both Democratic and Republican states, as well as large states like California and small states like Vermont, are driving innovation agendas into action in areas ranging from clean energy and aid for students and colleges, to new venture capital investments and bond financing to support business collaborations with higher education to help translate cutting-edge research into products and companies.

  • Read more about States launching innovation initiatives across the country

Workforce development key to state economic development initiatives

Thursday, February 20, 2020

A report on employment trends from hiring firm Robert Half found that 2020 presents greater challenges for employers looking to expand their workforce as the country’s labor market is near full employment and job openings remain at high levels.

  • Read more about Workforce development key to state economic development initiatives

Report reveals importance of foreign policy to middle class’ economic standing

Thursday, January 17, 2019

The state of America’s foreign policy and the livelihoods of its middle-class are inextricably linked, according to a new report from Ohio State’s John Glenn College of Public Affairs and Carnegie Endowment for International Peace. The report’s authors, using Ohio as a lens for their examination, conduct a thorough quantitative and qualitative analysis on this relationship.

  • Read more about Report reveals importance of foreign policy to middle class’ economic standing

Sustained Commitment Results in Significant Impact

Thursday, August 8, 2019

State and regional innovation programs continue to encourage significant economic growth across the country. The most recent example of the impact programs are having comes from JumpStart, a Cleveland-based venture development organization, which recently released its 2018 economic impact report. It found that companies in Ohio and New York fostered by JumpStart generated more than $1 billion in economic impact. This increased the cumulative JumpStart total to $6.6 billion since 2010.

  • Read more about Sustained Commitment Results in Significant Impact

Gov. Gina Raimondo to welcome SSTI Annual Conference attendees

Thursday, August 15, 2019

Gov. Gina RaimondoSSTI and conference host Rhode Island Commerce Corporation are pleased to announce Gov. Gina Raimondo is scheduled to deliver welcoming remarks during the opening plenary session and officially kick off SSTI’s Annual Conference in Providence on September 10!

SSTI and conference host Rhode Island Commerce Corporation are pleased to announce Gov. Gina Raimondo is scheduled to deliver welcoming remarks during the opening plenary session and officially kick off SSTI’s Annual Conference in Providence on September 10!

Gov. Raimondo became the state’s first female governor when she was first elected in 2014 and won re-election in 2018 for a second term. Prior to becoming governor, she worked as the General Treasurer of Rhode Island, spearheading landmark pension reform that would help reorder and ensure the state’s fiscal stability.

During her tenure, the governor has made advancements in education, innovation, and economic development a centerpiece of her economic growth plans. She is also working to make the state a national leader on college affordability and installed Rhode Island’s Promise, allowing two years of free college community college to every in-state student. She has worked to kick-start the state’s economy, and her economic development programs have helped lead the largest drop in the unemployment rate in the country. Her programs aim to increase collaboration, better attract entrepreneurs, create jobs, encourage existing businesses to grow, and foster innovation throughout state government.

  • Read more about Gov. Gina Raimondo to welcome SSTI Annual Conference attendees

Workforce programs receiving state attention

Thursday, September 19, 2019

As the month of September marks national Workforce Development Month, states around the country continue to forge ahead with programs and initiatives to help train the workforce and attract more workers to open positions. This article highlights two new reports out that detail state efforts in various workforce programs, as well as calling out several new or proposed programs in Ohio, Vermont and Arizona that are designed to increase and develop the workforce in each of those states.

  • Read more about Workforce programs receiving state attention

SSTI Annual Conference highlights innovation happening across the country

Thursday, September 19, 2019

SSTI’s Annual Conference in Providence, Rhode Island, held September 9-11, showcased successful programs, addressed challenges and examined trends and new developments across the innovation economy. We always like to welcome back old friends and are encouraged to see new faces. Said one long-time attendee, “I used to say this is the place to network with the most experienced and sophisticated practitioners.

  • Read more about SSTI Annual Conference highlights innovation happening across the country

States launching new tech commercialization programs to strengthen economies

Thursday, October 24, 2019

Knowing that research universities are integral to the innovation in this country, states continue their efforts to build the economy by supporting efforts to move the research from the labs to the market.

  • Read more about States launching new tech commercialization programs to strengthen economies

Tech Talkin’ Govs 2020: FL, GA, IN, IA, KS, KY, MO, RI, WA present diverse efforts to grow economies

Thursday, January 23, 2020

Governors’ focus on initiatives particular to their state in this latest round of state of the state addresses. As SSTI continues to review the speeches for new innovation proposals, we found states continuing to focus on education with more attention on teacher salaries and efforts extending all the way down to pre-K with a recognition that the future workforce is influenced by many factors.

  • Read more about Tech Talkin’ Govs 2020: FL, GA, IN, IA, KS, KY, MO, RI, WA present diverse efforts to grow economies

State actions in 2019: Opportunity Zones

Thursday, January 9, 2020

In 2019, the administrations and legislatures in many states grappled with if and how to adjust state economic development initiatives to leverage the federal Opportunity Zone (OZ) program. The actions of 12 states that implemented new activities are described below.

  • Read more about State actions in 2019: Opportunity Zones

Key ballot initiatives to impact state futures

Thursday, November 1, 2018

SSTI has reviewed the ballot initiatives across the country that affect innovation. Several states have energy initiatives on their ballots, while higher education funding is at play in Maine, Montana, New Jersey and Rhode Island. Utah could become only the second state to fund its schools through gas taxes, if a measure there is passed. At the same time, four states have ballot issues addressing redistricting commissions which could have a significant impact on state legislative makeup when lines are redrawn after the 2020 census.

 

Arizona

SSTI has reviewed the ballot initiatives across the country that affect innovation. Several states have energy initiatives on their ballots, while higher education funding is at play in Maine, Montana, New Jersey and Rhode Island. Utah could become only the second state to fund its schools through gas taxes, if a measure there is passed. At the same time, four states have ballot issues addressing redistricting commissions which could have a significant impact on state legislative makeup when lines are redrawn after the 2020 census.

  • Read more about Key ballot initiatives to impact state futures

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

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

Rhode Island announces $12 million for Innovation Campus projects

Thursday, December 20, 2018

Rhode Island Gov. Gina Raimondo has announced the first three projects for the state’s Innovation Campus Program, an effort to support the commercialization of academic research in key industries such as cybersecurity, data analytics and agricultural technology. The centers, in partnership with the University of Rhode Island and located in Kingston and Providence, will receive a combined $12 million from the state. The funding stems from a $20 million innovation bond approved by the state’s voters in 2016.

  • Read more about Rhode Island announces $12 million for Innovation Campus projects

Program assisting defense manufacturers delivers strong ROI

Thursday, November 29, 2018

Faced with one of the largest drawdowns in defense spending in American history, the Defense Manufacturing Assistance Program (DMAP) targeted affected companies and communities across Michigan, Ohio and Indiana for assistance. The program aimed to support economic stabilization and diversification across the region during the five-year period from 2013 to 2018.

  • Read more about Program assisting defense manufacturers delivers strong ROI

Strategic plan outlines blueprint to grow Ohio’s innovation economy

Thursday, July 26, 2018

Industry-led “innovation hubs,” additional funds for risk capital, and a proactive talent strategy are among the recommendations included in Ohio BOLD: A Blueprint for Accelerating the Innovation Economy, a new strategic plan conducted by Columbus-based TEConomy Partners on behalf of the Ohio Chamber of Commerce Research Foundation.

Industry-led “innovation hubs,” additional funds for risk capital, and a proactive talent strategy are among the recommendations included in Ohio BOLD: A Blueprint for Accelerating the Innovation Economy, a new strategic plan conducted by Columbus-based TEConomy Partners on behalf of the Ohio Chamber of Commerce Research Foundation. Developed as a way to inform a new gubernatorial administration of the Chamber’s priorities, the plan identifies opportunities around four platforms: next-gen manufacturing, future health, smart infrastructure, and data analytics.

  • Read more about Strategic plan outlines blueprint to grow Ohio’s innovation economy

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