6 things you need to know about President Biden’s budget
The White House released President Joe Biden’s full budget proposal last week. As previewed in the “skinny” budget, the administration is supporting substantial increases for R&D, workforce and broadband. Support for federal programs that support entrepreneurship and the transformation of research, however, are more mixed.
Useful Stats: Performers of federally-funded R&D by state, 2019
Federally funded R&D is a pillar of the U.S. innovation economy, and understanding how that funding is disbursed among the various performers within a state can help regional innovation leaders in developing, designing and implementing investment strategies, programs, and policies.
Report: Better outcomes for students at Tribal Colleges and Universities with entrepreneurship courses
A new report from the Minority Business Development Agency (MBDA) highlights the impact of business and entrepreneurship courses at Tribal Colleges and Universities (TCUs), which have long served as bastions of cultural identity at many American Indian and Alaskan Native reservations and important economic drivers in these prominently rural areas.
Semiconductor shortages dragged down April employment, other takeaways from a dive into the jobs data
The April jobs report, released by the Bureau of Labor Statistics on May 7, generated considerable attention due to the 266,000 jobs added being far less than anticipated. Contributing to this topline number are quite a few trends moving in different directions, including a severe decline in automotive manufacturing employment — likely driven by the global semiconductor shortage — increasing restaurant and R&D employment, and declines in part-time work.
Input Sought for 'Next Generation' Manufacturing Programs
The U.S. Department of Commerce and the National Academy of Public Administration (NAPA) recently released reports making recommendations to address the challenges faced by the manufacturing industry. One of the recommendations in the NAPA report suggests creating a strategic plan that articulates the "next generation" of the Commerce Department's National Institute of Standards and Technology (NIST) Manufacturing Extension Partnership (MEP).
Southern Growth Investigating Drivers for Industrial R&D
Wanted: all managers in private-sector research and development (R&D) facilities. The Southern Growth Policies Board is conducting a nationwide survey to gain insight into drivers and policies of industrial R&D. The survey attempts to illuminate university-company relationships.
People
Connecticut Lt. Gov. M. Jodi Rell was sworn in as the state’s 87th governor on July 1, taking over from former Gov. John Rowland, who resigned amid a federal corruption investigation and a threatened impeachment for allegedly accepting gifts from employees and state contractors. Senate President Pro Tem Kevin Sullivan was sworn in as Lieutenant Governor. Rell is a Republican, while Sullivan is a Democrat.
People
Connecticut Lt. Gov. M. Jodi Rell was sworn in as the state’s 87th governor on July 1, taking over from former Gov. John Rowland, who resigned amid a federal corruption investigation and a threatened impeachment for allegedly accepting gifts from employees and state contractors. Senate President Pro Tem Kevin Sullivan was sworn in as Lieutenant Governor. Rell is a Republican, while Sullivan is a Democrat.
People
Indiana Gov. Joe Kernan has named David Dorff as the state's first director for the new Office of Small Business Advocacy.
People
Angie Dvorak, vice president of research and economic development for the University of Southern Mississippi, is becoming president of the university's research foundation.
People
Frank Horrigan is leaving Innovation Works in Pittsburgh to become director of the Governors Action Team SW Regional Office.
People
Louisiana Gov. Kathleen Blanco has appointed Michael Olivier to serve as Secretary of Louisiana Economic Development. Olivier was president and CEO of the Harrison County Development Commission in Gulfport, Miss., for 17 years.
People
Jim Petell is the first director of technology transfer and commercialization for the University of North Dakota.
People
The Fayetteville Economic Development Council named Steven Rust as its new executive director, beginning Aug. 15.
Report Credits Improved Economy for Boosting State Tax Revenues
Growth in personal income tax has led to a revival of state tax revenues, the same source that led to the previous decline, according to a report released by the Nelson A. Rockefeller Institute of Government. The report indicates sustained growth in states' economies over the past three quarters, with increases in revenue from personal, sales and corporate taxes, creating optimism for the future of state budgets.
Vermont Prepares for Wi-Fi with New Broadband Initiative
The city of Montpelier, Vt., will soon join the ranks of other high-tech cities as it prepares to implement its first Wi-Fi “hotzone” in the central downtown area. With support from Senator Patrick Leahy (D-Vt), city officials and local businesses, the Vermont Broadband Council recently launched MontpelierNet, a high-speed Internet network that will bring wireless broadband Internet access to the city.
Louisiana Tech Fund Gets $2.3M for Startups
Two years following its creation, the Louisiana Technology Fund has $2.3 million to help the early-stage technology companies for which it was intended, the Baton Rouge-based Advocate reported earlier this month. The fund stems from 2002 legislation that revived Louisiana's Certified Capital Companies (CAPCOs) program.
Senate Passes Legislation to Protect Research Collaborations
A bill designed to encourage collaborative research among universities and between universities and industry passed the Senate last Friday. The Cooperative Research and Technology Enhancement (CREATE) Act of 2004 will allow researchers and inventors who work for different organizations to share information without losing the ability to file a patent.
Wyoming Project Engages Community Support for Entrepreneurship
A pilot program meant to spur entrepreneurship with community involvement is set to begin in Torrington, Wy., in the next two months. A joint venture between the Goshen County School District, Eastern Wyoming College, and Goshen County Economic Development, the project, Planned Approach to Community Entrepreneurship (PACE), is designed to facilitate small businesses and help them achieve higher success rates.
WGA Takes Aim at Clean, Diversified Energy for the West
Led by Govs. Bill Richardson and Arnold Schwarzenegger, the Western Governors' Association (WGA) announced last week it would support opportunities to develop a clean, secure and diversified energy system for the West and to capitalize on the region's energy resources. The New Mexico and California governors, respectively, are among those represented by the nonprofit WGA.
Maryland, NSA Join Forces
A new agreement between the State of Maryland and the National Security Agency (NSA) is expected to lead to new technologies for both. The two formalized a partnership earlier this month, signing a memorandum of understanding at the Maryland State House.
TBED's Role in a Free Market Economy
As the U.S. approaches the July Fourth weekend, during which time we celebrate all the good that is America, columnists and politicians across the country will sing the praises of free-market capitalism. And with our material abundance and relative wealth compared to the vast majority of the world's population, examples of success for our chosen economic system are numerous.
Missouri Enterprise Seeks President and CEO
Missouri Enterprise Business Assistance Center, a Rolla-based, multi-office nonprofit organization that provides business and technical assistance to manufacturers, agricultural producers and startups, is seeking candidates for the position of President and Chief Executive Officer. The full description and application instructions can be found at http://www.missourienterprise.org/Ceo.asp
NSF launches map showcasing scale and impact of TIP awards
The National Science Foundation’s (NSF) Directorate for Technology, Innovation, and Partnerships (TIP) has released a new pilot map with data on over 3,300 awards nationwide managed by TIP starting from fiscal year 2023.
SSTI updates key technology area investment data tool
The Economic Development Administration’s (EDA) Regional Technology and Innovation Hubs (Tech Hubs) and National Science Foundation’s (NSF) Regional Innovation Engines (Engines) programs require regions to advance a critical technology area that already has traction in their region.