• Join us in Chicago for SSTI's 2014 Annual Conference

    SSTI’s Annual Conference will be held in Chicago, September 14-16, 2014. SSTI's conference offers the right balance of activities to achieve better connections, closer collaboration, and a stronger community. Registration is now open!
  • Access the SSTI Webinar Library

    SSTI’s monthly webinar series, Inspiring Thought, is an affordable way to stay on top of new ideas in encouraging economic growth. Miss a webinar? No problem. Past webinars are now available for purchase.
  • Download SSTI's 2013 TBED Trends Report

    In 2013, a slow yet stable national economic recovery gave rise to many new initiatives across states and regions with a shift toward targeted and refined investments in the high-tech economy for quicker returns.
  • J.B. Pritzker is an entrepreneur, investor and philanthropist. He is Managing Partner of Pritzker Group, a private investment firm that comprises three professional investment teams: middle-market acquisitions, technology venture capital and asset management.

Publicly Supported Partnerships Commit to Supporting Genomic Medicine for Economic Prosperity

July 31, 2014

Driven by large-scale efforts like the U.S. government-funded Human Genome Project, genomic medicine has gone from an aspirational term only 10 years ago to a rapidly growing, cutting-edge industry that is starting to produce economic benefits for regions, both domestically and abroad. To benefit from this rapidly growing trend, policymakers in New York and Canada recently announced significant funding to support genomic medicine initiatives.

NIST Announces New Round of Competition for Advanced Manufacturing Technology Consortia Program

July 31, 2014

The National Institute of Standards and Technology (NIST) announced a new round of competition for the Advanced Manufacturing Technology Consortia (AMTech) program — a competition that will award two-year planning grants to establish new and strengthen existing industry-driven consortia to solve high-priority technology challenges and accelerate the growth of advanced manufacturing in the United States.

U.S. Business R&D Spending Reached Nearly $30B in 2011, NSF InfoBrief

July 31, 2014

In 2011, U.S.-located companies spent $29.6 billion for extramural (purchased and collaborative) research and development performed by mostly domestic organizations, according to a National Science Foundation (NSF) InfoBrief. Approximately $24 billion in R&D spending was purchased R&D. The additional $5.6 billion was payments to R&D collaborators.

Useful Stats: Six-Year Survival Rates, Entrepreneurship, and the Great Recession

July 31, 2014

As the Great Recession wanes, an increasing amount of research has been conducted to assess its impact on entrepreneurship in the United States. Authors with the Kauffman Foundation found that firm formation in the United States is remarkably constant over time, although the death rate of companies rises during recessions.

International Accelerators Operating in the U.S.

July 31, 2014

In an increasingly globalized marketplace, the ability to penetrate the ultra-valuable U.S. market is still an end goal for companies throughout the world. Since the early 2000s, foreign governments have opened accelerators as one mechanism to provide funding, mentorship, and additional support for young firms hoping to enter the U.S. market. Although many of these accelerators feature common characteristics, each has its own strategy for best reaching the needs of its young and promising companies.

White House Announces $10 Billion Fund for Rural Development

July 31, 2014

The White House Rural Council has launched a $10 billion rural economic development fund. This launch was announced last Thursday at the Rural Opportunity Investment Conference held in Washington D.C. CoBank, a Denver-based national cooperative bank, serves as the anchor investor of the fund that will be managed by Capitol Peak Asset Management. Capitol will also recruit additional institutional investors to the fund including pension funds, endowments, and foundations that are interested in investing in rural areas.