Cummings Joins SSTI Staff
Deborah Cummings has joined the staff of the State Science and Technology Institute as a Policy Analyst. Ms. Cummings prior work experience includes positions with the National Business Incubation Association and Ohio's Thomas Edison Program as the Edison Technology Incubator Coordinator. She can be reached at 614/421-SSTI (7784) or via e-mail at cummings@ssti.org.
Local Technology Benchmarking Study Released
Preparation of S&T indicators on a local or regional level continues to increase. The Institute of Advanced Manufacturing Sciences, located in Cincinnati, Ohio, has released Cincinnati's Technology Benchmarking Study. The report compares the technology assets and performance of 24 urban areas across the U.S. using 17 indicators, then makes recommendations for strengthening Cincinnati's technology base. The report is on the Internet at www.iams.org
Correction for DOD SBIR Table
In last week's issue of the SSTI Weekly Digest, several of the state rankings for the number of awards received under the DOD SBIR 99.1 selections were incorrect. Following is a list of the states and their correct ranks: Florida was tied for 7th with New Jersey; New Hampshire was tied for 17th with Washington; Hawaii, North Carolina, District of Columbia and Utah were all tied for 23rd.
Ohio Investment to Exceed $50 Million in FY 2000
Ohio's investment in technology-based economic development will top $50 million in FY 2000 as a result of the biennial budget passed by the Ohio General Assembly this week. Spending for the programs will grow nearly 35 percent from $40.4 million in FY 1999 to $54.4 million in FY 2000.
Position Available
The State Science and Technology Institute (SSTI) is seeking a Policy Analyst. The Institute serves as a resource center for initiatives in all 50 states that encourage technology-based economic development.
People
Cheryl Lyman, policy analyst with the State Science and Technology Institute, will be leaving SSTI today to accept a position with the Ohio Department of Commerce as its fiscal officer. Cheryl has worked with SSTI since its opening in 1996. We wish her well in her new position!
SSTI Job Corner
A complete description of this opportunity is available at: http://www.ssti.org/posting.htm.
State leaders zero in on recovery in budget proposals, state addresses
As state budgets move into the legislatures for final negotiations and approvals, the last of the governors have addressed their constituents and put forth their proposals. While a renewed sense of hope is seeping into the latest addresses, governors are still cautious and guarded in proposing new programs. Broadband, small business, education and workforce initiatives continue to be among the innovation-related initiatives announced by the state leaders, with the intent that those efforts will also boost the economic recovery of the states.
State of Ohio commits $265 million for new innovation district
Ohio’s governor and other state leaders this week announced the creation of a new Cleveland Innovation District, with the state of Ohio, through the Ohio Development Services Agency (DSA), JobsOhio and the Cleveland Clinic committing a combined $565 million to the new district.
Ohio’s governor and other state leaders this week announced the creation of a new Cleveland Innovation District, with the state of Ohio, through the Ohio Development Services Agency (DSA), JobsOhio and the Cleveland Clinic committing a combined $565 million to the new district. The new district will bring together Northeast Ohio’s leading healthcare providers and education institutions with the goal of creating a pathogen center with global reach. DSA is committing to $155 million, $100 million will be in the form of a loan, the terms of which are still being finalized, and an estimated $55 million in Job Creation Tax Credits (JCTC) over a 15-year period. JobsOhio will invest $110 million and an additional $300 million will be invested by Cleveland Clinic.
Fracking industry failing to contribute to broader regional growth in Appalachia, study finds
While natural gas production has continued to expand throughout the Appalachian region, the surrounding communities have yet to experience the economic and social benefits that were initially seen as surefire byproducts of the natural gas industry’s growing footprint within the area, according to a new report.
Ohio rolls out third innovation district in less than a year with $100 million in state commitment
Ohio unveiled the Columbus Innovation District this week, marking the third such announcement in less than a year, with a $100 million commitment from JobsOhio, the state’s nonprofit economic development corporation. Other partners in the Columbus initiative include Ohio State University, which will contribute $650 million, and Nationwide Children’s Hospital, with a $350 million commitment.
Racial disparities in labor market outcomes examined
A new commentary from a senior policy analyst at the Federal Reserve Bank of Cleveland examines the extent to which disparities exist between Black and whites in labor market outcomes such as levels of labor force participation, unemployment rates, and earnings. Economic inclusion trends have been studied at the national level, but this commentary takes a look at how those disparities vary within and across states with a specific look at the Fourth Federal Reserve District states of Kentucky, Ohio and Pennsylvania.
Venture-backed exit in Appalachian Ohio shows strength of higher ed, state-backed economic development for rural areas
For those looking for examples of the impact state investment, university involvement and tech-based economic development can have in rural parts of the country, one can examine news from Appalachian Ohio that Stirling Ultracold reached a definitive merger agreement on March 22 to be acquired for a reported $258 million by publicly-traded BioLife Solutions. The original lead investor in Stirling Ultracold is TechGROWTH Ohio, one of Ohio Third Frontier’s regional entrepreneurial service providers.
Creating a Prosperous Future Through Innovative Economies
No longer limited to a niche group of practitioners, promoting growth through innovation and technology has achieved widespread acceptance as the key to our economic prosperity. You'll find it in blog posts and opinion pages from across the political spectrum, and in virtually every corporate or civic dialogue today on revitalizing America's economy.
Federal TBED Leaders to Speak at Conference
SSTI's Annual Conference is the only economic development conference this fall with the senior leaders of the Economic Development Administration (EDA), National Institute of Standards and Technology (NIST) and the U.S. Small Business Administration (SBA) speaking. John Fernandez of the U.S. Department of Commerce, Sean Greene of SBA and Phillip Singerman of NIST will kick off an important dialogue among all conference attendees on how we communicate the value of investments in innovation, encourage collaboration, and adapt to changing economic and fiscal conditions.
Build Your Network Connections During SSTI's TWO Conference Receptions
This year's conference will kick off with an Opening Reception hosted by TechColumbus at COSI. Attendees can experience science, technology and innovation at work through more than 300 interactive exhibitions and more than 100,000 square feet of exhibit space while reconnecting with colleagues and networking with conference attendees, speakers and our local host over drinks and hors d'oeuvres. The reception will begin Monday, Nov. 7 at 6:30 PM.
More than Just a Typical Conference!
Beyond the numerous breakout sessions and insightful plenary sessions, SSTI's 15th Annual Conference offers attendeesseveral activities that other conferences typically don't offer including networking with other practitioners at some of the city's finest restaurants (Dine A-Rounds), maintaining your normal exercise regimen (a morning 5k run/walk) and sharpening your mind (morning Hatha Yoga).
SSTI Conference Sessions Offer Something For Everybody
This year's SSTI Annual Conference will provide attendees with many opportunities to explore the issues that drive technology-based economic development. When planning your conference experience, make sure to check out our breakout sessions, which will allow participants to focus on the topics that interest them.
Featured topics at this year's conference include:
Almost Sold Out — Limited Sponsorship Opportunities Remain
As an SSTI conference sponsor, you have the chance to showcase your organization with the decision makers responsible for crafting and implementing local and state-level policies and programs that directly contribute to the nation's competitiveness. Today's marketplace is about belonging and staying connected. No other event brings together so many of the nation's top players in the TBED community.
Award Winners Demonstrate TBED Success Stories
Now in its fifth year, SSTI's Excellence in TBED awards program has recognized 20 of the most effective, innovative and transferable initiatives for growing tech-based economies from across the country.
This year, six new programs will be crowned winners of this prestigious award, held as models of best practice worthy of emulation. Join your friends and colleagues for a special ceremony celebrating this outstanding achievement following our keynote speaker on Nov. 8. Our first ever recipient of the "Most Promising TBED Initiative" also will be announced.
Have You RSVP'd for the Conference?
You've registered for the conference; booked your travel and hotel; made sure your iPod is charged... but have you told your friends and colleagues you'll be attending SSTI's biggest event of the year?
Don't forget to RSVP and look for updates on our social media sites.
Don't Miss the Ohio Early Stage Summit VIII, Immediately Following the Conference
This year SSTI is linking with the Ohio Early Stage Summit to offer the unique opportunity for attendees to maximize their time by attending two conferences, three receptions and endless networking opportunities in just three short days and all in the same location.
Renée Winsky Elected to SSTI Board of Trustees
Renée Winsky, chief executive officer of the Technology Council of Maryland (TCM), has been elected to the board of trustees of SSTI. Prior to joining TCM in 2009, Winsky served as the president and executive director of the Maryland Technology Development Corporation. An SSTI member since 1999, Winsky has been a speaker at SSTI conferences and accepted the 2008 Excellence in TBED award for Commercializing Research Category on behalf of the Maryland Technology Transfer Fund.
Which Metrics Really Matter?
Governors' Races and Ballot Preview 2011
In what is considered typical for an odd-numbered year, only 34 questions have been certified in nine statewide ballots this election year. Some of those measures include redirecting funds to support higher education, revenue enhancements for states, and repealing legislation that limits collective bargaining for public employees.
Ballot Initiatives