As you begin to fill in your 2008 calendar, remember to mark Oct. 14-16, 2008, to attend SSTI's 12th annual conference in Cleveland! Past attendees know SSTI's conference is the premiere professional development event for the TBED community. And 2008 will be no exception. Back by popular demand, we will be offering an array of pre-conference workshops on Oct. 14.

Yes, it could happen. Bid packets are available today. Your organization could host SSTI's 14th annual conference during the fall of 2010. More than 350 of the nation's greatest thinkers and practitioners for building tech-based economies could descend on YOUR city.

Last week’s release by the National Science Foundation (NSF) of the results of the 2005 survey of academic R&D expenditures reveals the nation’s investment in research through its universities and colleges rose 5.8 percent in fiscal year 2005. Academic research expenditures for FY 2005 totaled $45.75 billion.

 

When one looks beyond the first few pages of many sections of the agencies’ fiscal year 2008 budget request summaries, the mental concept of a television rerun appears. As SSTI staff pored through the budget this week, several found ourselves saying, “Didn’t we read the same thing last year?”

Most Digest readers know access to equity capital serves a critical role in encouraging regional innovation. But the stats on venture capital (VC) deals demonstrates all too well that money isn't flowing freely everywhere. The economy also is presenting challenges for equity deals, making exits more scarce. How can underserved areas attract early-, seed and late-stage capital?

Entrepreneurship education courses continue to appear across the country. A large-scale commitment was announced recently, as eight Arkansas two-year colleges will offer degrees and certificates in entrepreneurship this fall. The broad availability is expected to help create a culture of entrepreneurship that extends from regions capitalizing in the emerging fields of bioscience and nanotechnology research to the rural pockets of the state in need of high-paying jobs.
 

Four leading members of the technology-based economic development community were elected to the State Science and Technology Institute (SSTI) board of trustees today, each bringing fresh perspective and unique insight on issues affecting SSTI’s nationwide network of policymakers and practitioners working to improve state and regional economies through science, technology and innovation.
 

State, regional and university technology-based economic development (TBED) is at a crossroads. Many initiatives are celebrating major chronologic milestones at the same time new TBED elements – such as incubators, grant programs, research parks, and equity funds – are popping up almost daily in more and more communities and universities.
 

Each year, SSTI members assemble timely, relevant session topics offering practical information with lessons that can be directly applied to issues currently facing the TBED community. Rest assured that when you return from the conference, you will be equipped with fresh ideas to tackle your organization’s most pressing needs. SSTI uses a two-stage survey process during the summer months to develop the conference agenda, rather than having the agenda set by invitation or call for papers many months in advance.

Keeping with the underlying theme of "Where Does TBED Go from Here?" for SSTI's 12th Annual Conference, David Wilhelm, founder and President of Woodland Venture Management, will provide the keynote address on the topic of making successful VC investments anywhere.

SSTI will be holding its first poster session dedicated entirely to celebrating why states, regions, universities and related organizations engage in TBED. Our goal is to have the best achievements in the field on display as posters at the conference. Each poster will profile a real success story providing hard evidence of how TBED investments are sustaining the nation’s position as a global leader for innovation and competitiveness – one local or regional project at a time.

Join fellow SSTI conference attendees for an opening reception at the Rock and Roll Hall of Fame, located on the shore of Lake Erie in downtown Cleveland. Just like the music it pays homage to, inside and out, the Rock Hall exudes coolness. In addition to celebrating the opening of SSTI’s annual conference, we will be joined by Ohio Lt. Governor Lee Fisher, director of the Ohio Department of Development to mark the 25th anniversary of Ohio’s Thomas Edison Program and the state’s sustained investment in a broader set of TBED strategies and programs.
 

Crisp, clean air, blue waters and autumn leaves are just a few reasons why fall is the best time to visit Northeast Ohio. Cleveland was ranked as the number one “Most Livable City” in the U.S. by the Economist in 2005, primarily because it has all the benefits of a major city without sacrificing quality of life. Cleveland+ is home to major research institutions and healthcare organizations; major league sports teams; world-class cultural institutions; and great museums and entertainment attractions.

SSTI conference “regulars” know that this event is the field’s most stimulating and rewarding professional development investment one can make. Each year’s agenda provides new perspectives and approaches to dealing with common problems, new issues and the latest trends and challenges facing your efforts to encourage regional innovation. You can expect:

• In-depth examinations of some of the best state and regional approaches to cultivate a bright economic future.

SSTI’s 12th Annual Conference is made possible by the support of our lead host sponsor, NorTech, a team of Ohio co-hosts, and the generous support of our national conference sponsors. SSTI extends its appreciation and thanks to the following exemplary organizations serving as our national sponsors:

• Kansas Technology Enterprise Corporation
• Greater Oklahoma City Chamber

Against the backdrop of Northeast Ohio, a region transitioning to a high-tech economy through focused efforts in industry growth and R&D activity, three state economic development directors championing economic growth will provide SSTI conference attendees with answers to the all important question, Where do we go from here? in a highly interactive and future-looking session.
 

An upcoming report finds that Hawaiian high-tech industries contributed $3 billion to the state's economy in 2007.

One of the exciting half-day pre-conference sessions at this years SSTI Annual Conference in Cleveland, Oct. 14-16, is tailored to organizations looking to get in on the action of partnering with federal laboratories across the country. Some of the brightest brains from the leadership of the federal laboratory system and state TBED organizations with successful fed lab experience will be at the session to provide specialized help for those in attendance.

SSTI will be holding its first poster session dedicated entirely to celebrating why states, regions, universities and related organizations engage in TBED. 

With an increased need to compete globally, the need for a highly educated workforce has taken center stage in a number of states. But with the continuing issue of college affordability, states are looking at new ways to increase the number of college graduates within their borders.

Register today to be sure you receive this special rate. On Wednesday, Sept. 24, registration fees will increase by $100. Hosted by NorTech, the 2008 SSTI Annual Conference will be held at the beautiful InterContinental Hotel & Conference Center Cleveland, October 14-16.

This year, SSTI is providing conference attendees with the unique opportunity to take part in plenary and semi-plenary conference sessions through direct involvement and interaction with leaders in the TBED community – industry leaders, economic development directors, and university presidents to name a few.

With a blockbuster agenda, the first block of hotel rooms already sold out and a second block in the nearby Intercontinental Suites filling rapidly, SSTI's 12th Annual Conference in Cleveland, Oct. 14-16, is on pace to be a very special event for those TBED practitioners and policymakers who wisely register soon!

We've been keeping you focused on SSTI's 12th annual conference, coming up Oct 14-16 at the Intercontinental Hotel Cleveland, but believe it or not, we're already working to ensure the 2009 and 2010 are as good or even better!

On Feb. 13, we announced the 2009 conference will be hosted by KTEC, one of the oldest and most successful TBED models in the country. The event will be held in Overland Park, KS on Oct. 20-22, 2009.

States are increasingly seeking new approaches to maintaining a pipeline of skilled workers, qualified to fill the gaps left by baby boomers retiring in the coming years and college graduates pursuing career options elsewhere.