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Type

  • (-) weekly_digest (9171)
Displaying 5376 - 5400 of 9171
Authored on

Illinois Tech Index Launched

Wednesday, May 28, 2008

Last week, NASDAQ saw the debut of the Illinois Tech Index (symbol: ILTI), currently recognized as the only technology index in the U.S. tracking publicly traded technology companies within an individual state. Based on 61 firms with their headquarters in Illinois, the Illinois Tech Index is derived from the aggregate value of the firms’ total shares outstanding. When the index officially started on Monday, May 19, the base value of the ILTI was 1000.00. As of Wednesday’s close of markets, the Index finished at 969.20.
 

  • Read more about Illinois Tech Index Launched

Minnesota Legislature Creates New Office of Science and Technology

Wednesday, May 28, 2008

Minnesota legislators established the Office of Science and Technology (OST) to develop a collaborative partnership between industry, academia and government that will coordinate federal funding procurement efforts in S&T with Minnesota.

  • Read more about Minnesota Legislature Creates New Office of Science and Technology

Restructuring State Economic Development Organizations in Oregon, New York

Wednesday, May 28, 2008

Earlier this month, the governors of Oregon and New York both outlined changes to the structure of their states’ lead economic development organizations.
 
Before Gov. Ted Kulongoski signed Executive Order 08-11 to reorganize the Oregon Economic and Community Development Department (OECDD), it consisted of three components:

    • Read more about Restructuring State Economic Development Organizations in Oregon, New York

    Incubator RoundUp: Growing and Sustaining High Technology Companies

    Wednesday, May 28, 2008

    Offering customized workspace such as wet laboratories and specialized research equipment is one of the many benefits provided by technology-focused incubators. Access to university research, business mentoring and administrative support services often accompany the reduced rent facilities with the goal of growing technology companies into successful, self-sustaining enterprises. Following are select announcements of recently launched incubators and partnerships from across the nation. 
     

    • Read more about Incubator RoundUp: Growing and Sustaining High Technology Companies

    Florida Pension Fund to Invest $1.95B in 'Technology and Growth' Industries

    Wednesday, June 4, 2008

    Florida Gov. Charlie Crist paid a visit to Wall Street last week to celebrate the signing of a new law that will increase the state retirement fund's investment in high-tech industries. Under the new legislation, the Florida State Retirement System will dedicate up to 1.5 percent of the system's trust fund to technology and growth investments. The Miami Herald estimates that this could provide nearly $2 billion for high-tech industries in the state.
     

    • Read more about Florida Pension Fund to Invest $1.95B in 'Technology and Growth' Industries

    Southern States Advance Several TBED Initiatives into 2009

    Wednesday, June 4, 2008

    Legislators in Alabama, South Carolina and Tennessee recently approved spending plans for the upcoming fiscal year. Highlights of appropriations supporting TBED are included below.
     
    Alabama

    • Read more about Southern States Advance Several TBED Initiatives into 2009

    Foundation Commits $600M for ‘Ambitious and Risky’ Research

    Wednesday, June 4, 2008

    To encourage innovation in research, the Howard Hughes Medical Institute (HHMI) recently awarded $600 million to 56 biomedical scientists who will investigate and pursue scientific discoveries ranging from microbiology and immunology to bioengineering and synthetic biology.
     

    • Read more about Foundation Commits $600M for ‘Ambitious and Risky’ Research

    Raising Personal Income through Focused Efforts in Emerging Workforce Areas

    Wednesday, June 4, 2008

    In the midst of a national economic downturn, coupled with stagnant to little growth in wages for even college-educated individuals, state efforts to build a qualified workforce and attract industries in emerging fields that pay above-average wages are crucial to ensuring economic growth.
     

    • Read more about Raising Personal Income through Focused Efforts in Emerging Workforce Areas

    Two Reports Highlight Opportunities for State Broadband Policies

    Wednesday, June 4, 2008

    Although the U.S. broadband infrastructure has expanded rapidly over the past decade, 45 percent of rural areas still lack access to high-speed Internet services. A recent issue brief from the National Governors Association (NGA) Center for Best Practices provides a number of strategies that have proven effective in expanding broadband access, particularly in underserved rural areas.
     

    • Read more about Two Reports Highlight Opportunities for State Broadband Policies

    State Auditor General Assesses Tech Transfer Programs at Arizona’s Public Universities

    Wednesday, June 4, 2008

    To speed the commercialization of technologies developed within the state's three public research universities, the Arizona state auditor general has made several recommendations that also may be of value to tech transfer efforts and academic institutions across the country. 

    • Read more about State Auditor General Assesses Tech Transfer Programs at Arizona’s Public Universities

    Recent Research: Do State Merit-Based Scholarship Initiatives Decrease Enrollment in the STEM Fields?

    Wednesday, June 4, 2008

    Since the inception of the HOPE scholarship program in Georgia 15 years ago, the number of state-sponsored merit-based scholarship initiatives to increase the number of students attending in-state colleges and universities has increased throughout the country. One such statewide initiative, Florida’s Bright Futures Program, was established in 1997 and has since become the second largest merit-based scholarship program in the U.S. At the recent annual forum of the Association of Institutional Research held in Seattle, Dr.

    • Read more about Recent Research: Do State Merit-Based Scholarship Initiatives Decrease Enrollment in the STEM Fields?

    People & TBED Organizations

    Wednesday, June 4, 2008

    The U.S. Department of Commerce's Economic Development Administration (EDA) recently announced Ben Franklin Technology Partners (BFTP) as the winner of the "Excellence in Technology-led Economic Development" award, as part of EDA's Excellence in Economic Development Awards 2008. BFTP, created in 1983, has regional offices in Lehigh Valley, Philadelphia, Pittsburgh and State College.

    • Read more about People & TBED Organizations

    Senators Collins and Clinton Introduce Bill to Create National Innovation Council

    Wednesday, June 11, 2008

    The creation of a single organization to consolidate federal innovation investments, called for by the Brookings Institution and the Information Technology and Innovation Foundation (ITIF) (see the April 23, 2008 issue of the Digest), moved a small step closer to reality with the introduction of authorizing legislation in the U.S. Senate.
     

    • Read more about Senators Collins and Clinton Introduce Bill to Create National Innovation Council

    Luxembourg Partners with U.S. Firms for $200M Molecular Med Investment

    Wednesday, June 11, 2008

    On June 5, 2008, the government of the Grand Duchy of Luxembourg announced plans for a $200 million five-year molecular medicine initiative that draws on a strategic partnership involving three Luxembourg Public Research Centers (CRPs), the University of Luxembourg and three U.S. research institutes prominent in the field.
     
    The U.S. research institutions include:

    • Translational Genomics Research Institute (TGen) in Phoenix, led by Dr. Jeffrey Trent;
    • Read more about Luxembourg Partners with U.S. Firms for $200M Molecular Med Investment

    Recent Research: Business Churning Enhances U.S. Productivity and Employment Growth

    Wednesday, June 11, 2008

    New establishments are responsible for one-third of annual employment creation in the U.S. and have higher measures of productivity when compared to mature surviving establishments, according to a report released last week by the Kaufmann Foundation. Turmoil and Growth: Young Business, Economic Churning, and Productivity Gains, written by Steven Davis of the University of Chicago, John Haltiwanger of the University of Maryland, and Ron Jarmin of the U.S.

    • Read more about Recent Research: Business Churning Enhances U.S. Productivity and Employment Growth

    Useful Stats: GDP by State, Per Capita 2003-2007

    Wednesday, June 11, 2008

    The Bureau of Economic Analysis (BEA) recently published its estimate on the real gross domestic product (GDP) growth of each state for 2007, revising previously released figures for 2003-2006.
     
    SSTI has prepared a table showing real GDP per capita for every state and the District of Columbia from 2003 to 2007. The table includes:

    • Ranking for 2007 state GDP per capita;
    • Comparison of 2007 GDP per capita to the national average;
    • Read more about Useful Stats: GDP by State, Per Capita 2003-2007

    SSTI Welcomes Newest Members; Alaska Brings State Tally to 47

    Wednesday, June 11, 2008

    It's no wonder SSTI's Annual Conference presents such a broad range of perspectives and approaches to TBED each year, when our organization draws in active membership from organizations from all across the continent! For example, with the involvement of the Alaska Manufacturing Extension Partnership, SSTI now has active members in 47 states, the District of Columbia, and Canada.

    • Read more about SSTI Welcomes Newest Members; Alaska Brings State Tally to 47

    People & TBED Organizations

    Wednesday, June 11, 2008

    The Aerospace, Manufacturing and Information Technology (AMIT) Cluster of Southern Arizona has consolidated its operations with the Arizona Technology Council.

    • Read more about People & TBED Organizations

    $1B Investment in Massachusetts Life Sciences Now a Reality

    Wednesday, June 18, 2008

    A little more than a year after unveiling a comprehensive proposal to provide crucial funding for R&D, commercialization and infrastructure to position Massachusetts as a global leader in life sciences, Gov. Deval Patrick signed an historic 10-year, $1 billion life sciences investment package, transforming the ambitious idea into reality.
     

    • Read more about $1B Investment in Massachusetts Life Sciences Now a Reality

    Maryland Governor Outlines 9-Point Strategy for $1.1B Bioscience Initiative

    Wednesday, June 18, 2008

    Gov. Martin O’Malley announced this week a proposal to build Maryland's reputation as a global leader in biosciences with a $1.1 billion investment.
     

    • Read more about Maryland Governor Outlines 9-Point Strategy for $1.1B Bioscience Initiative

    BIO and Battelle Release Bioscience Analysis

    Wednesday, June 18, 2008

    In its latest bio-industry analyses, Ernst & Young reported that the global bioscience industry has yet to become profitable, but that doesn’t mean the field isn’t growing by many measures, particularly the number of jobs created. Technology, Talent and Capital: State Bioscience Initiatives 2008, prepared by Battelle for BIO, puts total U.S.

    • Read more about BIO and Battelle Release Bioscience Analysis

    Enacted Budget Allocates $79M to Promote Energy Diversity in Florida

    Wednesday, June 18, 2008

    Gov. Charlie Crist signed the fiscal year 2008-09 budget into law last week, allocating nearly $79 million for energy-related projects to increase research and stimulate development and commercialization of alternative and renewable energy sources throughout Florida.
     

    • Read more about Enacted Budget Allocates $79M to Promote Energy Diversity in Florida

    Alberta and Ontario Launch Tech and Venture Capital Initiatives

    Wednesday, June 18, 2008

    Last week, Premier Ed Stelmach of Alberta introduced a $170 million suite of initiatives to support high-tech economic development in the province. The government hopes that by providing support for commercialization from research to market it can attract high-tech entrepreneurs from other areas. Most of the province's investment will support the creation of the $100 million Alberta Enterprise Corporation to encourage venture capital investment.

    • Read more about Alberta and Ontario Launch Tech and Venture Capital Initiatives

    Iowa Venture Capital Tax Credit Not Extended to Next Fiscal Year

    Wednesday, June 18, 2008

    An initiative in Iowa to disperse tax credits worth 20 percent of equity investments into pre-qualified businesses or seed capital funds has reached its $10 million cap and will not be continued in the next fiscal year. The Iowa Venture Capital Credit – Qualified Business or Seed Capital Fund was started in 2002 with a cap of $10 million, and as monitored by the Iowa Department of Revenue, all credits have been issued.
     

    • Read more about Iowa Venture Capital Tax Credit Not Extended to Next Fiscal Year

    NIH Changes Peer Review, Commits $1B for Transformative Research

    Wednesday, June 18, 2008

    As annual appropriations for the National Institutes of Health (NIH) flattened – at the same time more and more states and universities are increasing their investments in academic bioscience research capacity – competition for NIH grants has heightened. Reports indicate investigators in the early stages of their careers and transformative research have been the victims of the squeeze.
     

    • Read more about NIH Changes Peer Review, Commits $1B for Transformative Research

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