People
Lizabeth Ardisana was elected Chairperson of the Michigan Hispanic Chamber of Commerce, becoming the first woman to hold the position in the state.
People
Sonya Buckner has resigned her position as director of the small business incubator for the Montgomery Area Chamber of Commerce to become vice president of special projects for the Oklahoma Chamber of Commerce. Douglas Jones will assume leadership of the Montgomery Incubator.
People
The Chicago based Committee of 200, an organization of leading women in business, has named Diane Graham as its new chair.
TBED Community of Practice webinar highlights practical advice for SBA’s Growth Accelerator Fund Competition applicants
The most recent TBED Community of Practice webinar, “SBA’s Growth Accelerator Fund Competition in Action,” featured two previous winners of the GAFC who provided tips on how to prepare for and what to expect from the competition. A representative from SBA was also on hand to give the agency’s perspective.
Future of Jobs Report 2025 points to shifting worker training, economic development priorities
The Future of Jobs Report 2025 by the World Economic Forum (WEF) explores how labor markets are being shaped by emerging technologies, demographic shifts, and environmental pressures. The report analyzes the evolving trends in employment, identifying both the risks of job displacement and the opportunities for job creation in a rapidly changing global economy.
Tech Talkin’ Govs 2025: Innovation emphasized in governors’ State of the State addresses
With the start of the new year, most governors deliver State of the State addresses or Budget addresses laying out their priorities for the coming year. With revenues for many states relatively consistent with forecasters expectations, lawmakers, with a few exceptions, continue to maintain cautious or constrained views of their funding priorities and proposed initiatives. As a result, many governors in SSTI’s analysis of addresses delivered so far this season, are speaking more about previously implemented programs and their continued successes rather than rolling out many new programs.
Useful Stats: The state of US venture capital in 2024
Fewer of the youngest and later stage innovation-driven companies are receiving private venture capital at a time when the country needs more of both to retain our global economic leadership, according to data released in the latest report from PitchBook and NVCA. Across 2024, United States VC has seen an increase in overall deal value (+$47 billion) despite a decrease in deal count (-936) since the prior year, reveals the Q4 2024 Venture Monitor report.
Several states getting early jump on emerging blockchain, cryptocurrency acceptance
Recent headlines have been full of discussion on cryptocurrencies and speculation on significant changes in federal policy related to the technology. Anticipating federal action, leaders of several states are exploring ways to get their own jurisdictions involved in the space. Here are some recent examples, drawing from proposed legislation to implemented policies and structures for acceptance of the financial innovation:
States Considering Bitcoin Reserves
People
The University of Minnesota Duluth Center for Economic Development has named Elaine Hansen as its new permanent director.
Empire Zones Reform, High Tech Items Take Center Stage in New York
New York Governor George Pataki, in his 10th State of the State Address last week, outlined a variety of initiatives designed to further promote tech-based economic development (TBED) in the state. From refining the state's Empire Zones program and strengthening the manufacturing sector to making New York a leader in renewable energy and academic research, the governor's agenda is not short on TBED items.
Lean Budget Doesn't Stop Idaho's TBED Agenda
Idaho Governor Dirk Kempthorne dedicated a portion of Monday's State of the State and Budget Address to describing how tight the 2005 fiscal environment would be for his state. The temporary sales tax will lapse, costing the state $170 million in foregone revenue. The one-time $83 million in federal bailout funds are depleted. State employees will get a 27th biweekly paycheck this calendar year, resulting in an additional budgetary burden of approximately $20 million.
Former South Dakota Gold Mine Still Worth Millions
"If our children are to have the kind of jobs we want them to, this type of facility is one of the finest advantages we can give them for many generations," said South Dakota Governor Mike Rounds in his 2004 State of the State Address on Tuesday.
The governor is urging legislators to approve plans to help transform an exhausted 8,000-foot-deep gold mine into a one-of-a-kind national laboratory to study subatomic particles.
Tech Talkin' Govs: The Inaugural, Budget and State-of-the-State Addresses
Arizona
Gov. Janet Napolitano, State of the State Address, Jan. 12, 2004
Bush Admin Plan for Mfg to be Released Today
Commerce Secretary Don Evans is expected to release today the Bush Administration's plan for economic growth in the manufacturing sector. According to today's Washington Post, the report will "throw President Bush's support to the Manufacturing Extension Partnership... Evans said he will support the program but will demand that the centers coordinate with other programs so they are more efficient."
People
Kristin Jones recently was hired as senior manager for life sciences under the Indy Partnership, an economic development organization for the Indianapolis region.
Kentucky Governor Ernie Fletcher has named Derrick Ramsey as deputy secretary of the Commerce Cabinet.
People
Kristin Jones recently was hired as senior manager for life sciences under the Indy Partnership, an economic development organization for the Indianapolis region.
People
Kentucky Governor Ernie Fletcher has named Derrick Ramsey as deputy secretary of the Commerce Cabinet.
People
Dr. Catherine Renault is the new program manager for the Center for Technology Applications at RTI International, Inc.
People
Leland Speed has been named the new executive director of the Mississippi Development Authority.
People
Janice St. Onge has resigned from the Vermont Department of Economic Development to pursue career opportunities at the University of Vermont. St. Onge, whose resignation is effective Jan. 30, served for four years as the state's technology business development director.
People
Ann Quinn was recently named managing director of the Maryland Department of Business and Economic Development Venture Capital Fund.
People
Andy Taggart has been appointed president and chief executive officer of the Mississippi Technology Alliance.
Dread: Minnesota manufacturing report finds overall anxiety and concerns with the state’s business climate, the economy, and manufacturing sector
Enterprise Minnesota, the official Manufacturing Extension Partnership (MEP) Center for the state, recently released its annual State of Manufacturing survey.
Massachusetts voters approved unionization efforts for ride-hailing drivers
In last November’s general election, Massachusetts voters approved Question 3: the Unionization and Collective Bargaining for Transportation Network Drivers Initiative, allowing the state’s more than 80,000 Uber and Lyft drivers to unionize and collectively bargain for better wages and working conditions.
House AI report makes recommendations supporting R&D, workforce, and AI small business integration
The federal government spending on non-defense AI R&D has increased from $560 million in fiscal year 2018 to $2.1 billion in 2023, according to the bipartisan House Task Force on Artificial Intelligence report released in the closing month of the 118th session.