• SSTI's 2017 Annual Conference - Register today!

    Join your innovation economy peers in building bridges for a better future in Washington, DC on Sept. 13-15 while showcasing your impacts for federal officials and legislators.
  • SSTI's 2017 Annual Conference Program

    Looking for conference information? Download the program for SSTI's conference or visit ssticonference.org
  • Become an SSTI Member

    As the most comprehensive resource available for those involved in technology-based economic development, SSTI offers the services that are needed to help build tech-based economies. Learn more about membership...
  • Subscribe to the SSTI Weekly Digest

    Each week, the SSTI Weekly Digest delivers the latest breaking news and expert analysis of critical issues affecting the tech-based economic development community. Subscribe today!

SSTI recognizes outstanding initiatives driving regional prosperity

Washington, D.C. – From teaching high school students in rural western Kentucky how to become entrepreneurs to connecting entrepreneurs with a worldwide network of partners in a virtual hub, organizations are finding innovative ways to build regional prosperity. Four outstanding examples were recognized today by SSTI, a national organization working to strengthen initiatives to create a better future through science, technology, innovation and entrepreneurship. SSTI’s Creating a Better Future Awards celebrates outstanding economic development initiatives from across the country in a variety of categories.

“It’s important that we recognize the good work that is being done throughout the country and showcase the successful programs that others can emulate,” said SSTI’s president and CEO, Dan Berglund. “These initiatives are creating the environments that make it possible for innovation and entrepreneurship to thrive.”

Administration R&D memo emphasizes basic science

The White House Office of Management and Budget released a memorandum on R&D priorities that directs agencies to prioritize basic science and lower costs in their FY 2019 budget requests. R&D investments should be made in military superiority, security, prosperity, energy dominance and health. The memo repeatedly encourages officials to identify, and divest of, research areas where industry is ready to make their own investments toward commercial development.

Future digital workforce needs outlined

Recognizing the growing need for a skilled workforce in the increasingly digital manufacturing sector, a new report from the public-private effort of DMDII and ManpowerGroup aims to capture the changing technology and business interactions, and the job roles that are having an impact on the sector. The year-long body of work attempts to answer, among other questions, how workforce roles and job structures flex to accelerate the succession of a transforming global economy.

Making the case for manufacturing

In a recent report from The Century Foundation, assumptions about the value of a renewed commitment to manufacturing are examined and its importance to the nation’s economic future are reviewed. In Why Manufacturing Jobs Are Worth Saving, the authors review the current status of manufacturing activity, dive into regional data on the role of manufacturing in the economic recovery of communities, and take a look at the quality of the jobs and workforce challenges facing the industry. 

Creating tomorrow’s STEM leaders in AZ schools

Arizona schools are taking a different approach to developing the next generation of STEM workers and leaders with the Chief Science Officer position, now in 120 schools across the state. The students, from grades six to 12, are elected by their peers and participate in training events where they learn about STEM activities and careers and can advocate for STEM education in their schools.

While U.S. Startups Barometer remains bullish on VC market, concerns exist about startup pipeline

Bloomberg’s U.S. Startups Barometer for August 21, 2017 highlights an environment ripe for startups to attract venture capital (VC). The weekly index tracks the overall health of the business environment for private technology companies based in the U.S. Driven by the number of VC financing deals, the barometer set a new record high for the second consecutive week with a nearly 65 percent increase from last year’s index score.

SBA FAST Awardees to support technology-based businesses

The U.S. Small Business Administration has granted 16 organizations up to $125,000 each and five organizations up to $200,000 in FY 2017 as part of the Federal and State Technology (FAST) Partnership Program.