ITIF Provides Insight Into Stimulus' Potential Impact on High-Tech Employment
Tech Talkin' Govs, Part II
EU Promises $1.28 Billion for Hydrogen and Fuel Cell Initiative
Bank bailouts may be capturing all of the headlines, but a new initiative from the European Union (EU) promises to inject a considerable pool of money during the downturn to accelerate the development of hydrogen and fuel cell technologies. The European Commission, as well as participants from the European research community and industry will contribute nearly 1 billion Euros (U.S. $1.28 billion) to the public-private partnership over the next six years to fund research.
Election Preview: Voters to Decide on Statewide TBED Issues
While the Presidential election takes center stage on November 4, voters in several states also will cast their votes on statewide ballot issues affecting the TBED community. In addition to the 11 gubernatorial races and more than 5,800 state legislative seats up for grabs, voters across the nation will consider measures to provide funding for public education, expand investment in alternative and renewable energy, lift restrictions on stem-cell research, and eliminate income tax and state spending caps.
Federal TBED Funding and Programs Could Expand under Obama Administration
After two years of campaigning, President-elect Barack Obama has begun shaping the agenda for his coming administration. Though nothing is certain at this point, throughout his campaign, President-elect Obama reiterated his support for TBED-related initiatives and plans to increase funding for research and innovation.
Several Statewide TBED Issues Win Voter Approval
The outcome of Tuesday's election resulted in several wins and some defeats for TBED among the more than 150 ballot measures presented to voters across the nation. Outlined below are the unofficial election results of select ballot measures from each state's respective election office and local media reports as of Wednesday, Nov. 5.
Elected Governors Stress Importance of TBED and Economic Development
Dems Pick up Five State Legislative Chambers; GOP Picks up Four
Arkansas Task Force Recommends State Investments in Tech Companies, Co-locating Economic Development Agencies
SSTI's TBED Hall of Success goes LIVE!
Due to overwhelming interest, SSTI's first poster session, held at SSTI's 12th Annual Conference in Cleveland mid October, is now available online 24 hours a day - 7 days a week. You can view more than 35 posters celebrating why states, regions, universities and related organizations engage in technology-based economic development (TBED).
Massachusetts Makes $1B Investment in Community Development, Workforce Training, Innovation
Indiana Governor Announces Plan to Advance Innovation, Entrepreneurship
Indiana Gov. Mike Pence announced plans to invest $1 billion over the next 10 years to advance innovation and entrepreneurship in the state, and to ensure the Hoosier State plays a leading role in solving 21st century challenges, while supporting Indiana’s long-term economic growth, job creation and talent attraction.
Maine voters approve $50 million in tech: Why it matters to all of us
Maine voters approved a special referendum on June 13 that will issue $50 million in bonds to fund investment in research, development and commercialization in the state’s seven targeted technology sectors. The Maine Technology Institute will distribute $45 million of the funds for infrastructure, equipment and technology upgrades. The remaining $5 million will be used to recapitalize the Small Enterprise Growth Fund to create jobs and economic growth by lending to or investing in qualifying small businesses.
Listen to SSTI's Interview with Martha Connolly of the Maryland Industrial Partnerships Program
SSTI has an effective new learning tool for TBED policymakers and practitioners seeking guidance in approaches to building and sustaining tech-based economies.
Live Chat! Get the Answers to Your Questions About the Excellence in TBED Awards
SSTI is hosting an informal phone call on Wednesday, May 13 at 2:00 PM EDT to answer your questions about the 2009 Excellence in TBED Awards.
Who should join the call?
Anyone considering submitting an application for the 2009 awards cycle or anyone who wants to learn more about the program will find the call useful.
Listen to SSTI's Interview with Tom Rogers and Shawn Carson of Technology 2020
SSTI has an effective new learning tool for TBED policymakers and practitioners seeking guidance in approaches to building and sustaining tech-based economies.
Tech Layoffs Reach Seven-year High in First Quarter of 2009
The need for state and local support for tech-based economic development grows more critical in the current recession, based on recent unemployment reports for key technology sectors. Layoffs at high-tech companies during the first quarter of 2009 were at their highest point since 2002, according to outplacement firm Challenger, Gray and Christmas. Reported job losses at tech companies totaled 84,217, up 27 percent over the fourth quarter of 2008 and up 485 percent over the first quarter last year.
Kauffman Analyzes the Ups and Outs of Startup Job Growth and Mortality
Growth is most noticeable in dogs, cats and humans when they are puppies, kittens and infants. A new analysis by the Kauffman Foundation looking at the Census Bureau's Business Dynamics Statistics reveals the same phenomenon in businesses: growth, as measured by net employment, is most significant for younger companies compared to their more mature counterparts. Infant mortality of young firms is very high, though - nearly 20 percent of all jobs at very young startups are lost due to the businesses failing within the first year.
NYSTAR Remains Stand-Alone Entity in Enacted Budget
Legislators in New York rejected Gov. David Paterson's proposal to consolidate the state's primary organization for supporting and enhancing technology-based economic development into the state's traditional economic development organization (see the Dec. 17, 2008 issue of the Digest).
Budget Woes Slow Momentum for New Jersey Stem Cell Program
Funding for the New Jersey Commission on Science and Technology, which administers the state's stem cell research program, would be cut nearly in half under Gov. Jon Corzine's FY10 budget recommendation. The commission is slated to receive $10.4 million, a decrease of $9.9 million from the FY09 adjusted appropriation, to administer grant programs focused on commercializing new technologies, develop early-stage growth companies and business incubators, and enhance New Jersey's stem cell research capability.
Breaking into the Market: End of the Green Pipeline
One of the biggest challenges for green technologies and products is breaking into the market. Achieving the critical mass that allows production volume to drive down prices is difficult, particularly when the commodity being sold is, at least initially, more expensive to make because more of the actual cost of production is captured in the green company's business model.
SSTI Invites Applications for the 2009 Excellence in TBED Awards
Seize the opportunity for recognition of outstanding achievement in tech-based economic development.
SSTI is pleased to invite applications for the 2009 awards cycle, a program recognizing exceptional achievements in approaches to improving state and regional economies through science, technology and innovation.
Evaluation Services Sought for Ohio Department of Development Tech Programs
The Ohio Department of Development invites bids for two Requests for Proposals (RFP) to provide evaluation services and other forms of technical assistance for the state's fiscal years 2010 and 2011. Proposals for either opportunity are due by May 29. Specifically, Development is seeking contractors for the following:
Election Results: 2009 Are Changes in Store for TBED in NJ, VA?
Tuesday’s Republican victories in the gubernatorial races for New Jersey and Virginia mean a shift in political power for both states. With current fiscal conditions continuing to press state revenues lower and unemployment rolls higher, much of the new governors’ attentions could pass over tech-based economic development policies. Alternately, increased investments in TBED may be exactly what are needed right now to help create high-wage jobs in both states.
2009 Excellence in TBED Award Winners Honored at National Conference
Capturing national attention for initiating successful programs to sustain the nation’s position as a global leader for innovation and competitiveness, six organizations were named recipients of SSTI’s 2009 Excellence in TBED Award. The third annual awards follow a nationwide competition recognizing outstanding achievements in tech-based economic development (TBED) emphasizing impact, strategic value and replicability.