• 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.

As Federal Legislation Stalls, States Pass Bills to Curb Patent Trolling

June 26, 2014

While the promise of federal legislative reform for 2014 dims, as many as 21 states may have patent troll laws on the books before the end of the year. Although most of the power to curb patent trolling is held by the federal government, these state laws provide mechanisms to allow for action to be taken against any person that makes a bad faith assertion of patent infringement and other abusive patent litigations.

Crowdfunding Exemptions, Tax Credits Among Capital Programs Passed by State Policymakers

June 26, 2014

Several states announced new or expansions to existing capital programs during the 2014 legislative session. The proposals targeted increasing the availability of venture/risk capital for job creation and establishing or expanding angel tax credits to spur investment in targeted sectors. Nebraska lawmakers allocated $50,000 to support and increase venture capital in the state. In Minnesota, Gov. Mark Dayton extended the state’s Angel Tax credit for two more years and added additional funds.

To continue the growing trend of intrastate crowdfunding, six states passed exemptions including Alabama, Indiana, Maine, Maryland, Tennessee, and Washington.

States Shift Priorities Toward Long-Term Research Capacity Building

June 26, 2014

With an eye toward long-term payoffs associated with investments in research, lawmakers dedicated funds and strengthened ties with industry partners. Some states made significant investments in facilities and R&D to grow cancer research capabilities, while others looked to universities to establish new avenues for discovery or attract star researchers. In Washington, the life sciences community banded together to save a nine year-old grant fund that invests in R&D and helps the state remain competitive.

Lawmakers Tackle Workforce, STEM and Higher Ed Policy

June 26, 2014

Addressing accessibility, affordability and ensuring workforce preparedness topped legislators’ agendas in many states during the 2014 sessions. States and regions are increasingly competing for talent as the trend toward growing and nurturing innovation ecosystems continues.

Lab Space, Commercialization Support Backed by State Governments

June 26, 2014

State legislators in many parts of the country took action this year to fund the construction of research infrastructure and provide financial support for commercialization. In Kansas, New York, Georgia, Maine and Wyoming, legislators funded the construction of laboratories and other innovative spaces at public universities to boost the high-tech economy. In Colorado, Maryland and a number of universities, new initiatives were rolled out to support public-private research collaborations and the commercialization of cutting-edge technology.

Manufacturing Resurgence Attracts Attention of State Legislatures

June 26, 2014

The recent uptick in U.S. manufacturing activity, along with the attention generated by additive manufacturing and the Makers movement, has led to an increase in state initiatives to help cash in on this growth. In recent months, New York, Connecticut, Maryland, and Arizona have all taken steps to build stronger manufacturing sectors through research collaborations, grants and tax credits. Leaders in Colorado and New Jersey have pursued their own cluster-specific efforts to build stronger high-tech industries.