• SSTI’s 2015 Conference Registration is Now Open

    Register before June 30 and take advantage of the lowest registration fees of the year. Mark your calendars to join us in Oklahoma City, October 26-28, 2015.
  • Learn More about Funding Opportunities for Regional Innovation Initiatives

    SSTI recently hosted a webinar with EDA and JPMorgan Chase featuring information for past, present and future applicants of EDA's Regional Innovation Strategies program and the Small Business Forward initiative. Full recording available.
  • 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.

Venture Investors Flock to Silicon Valley Biotech

June 25, 2015

Biotech is in the midst of an investment boom, at least in Silicon Valley. In the first quarter of this year, biotech firms in the region raised $574 million, the third highest quarter on record, according to data from PricewaterhouseCoopers (PwC) and the National Venture Capital Association (NVCA) and reporting by the San Jose Mercury News. This peak represents a 103 percent increase over the same quarter the previous year.

‘Joiners’ Share Similar Traits With Startup Founders, Increase Likelihood of Success

June 25, 2015

In recent years, academic researchers have focused on trying to identify the characteristics that could make someone a potentially successful founder of a startup. However, there has been limited research on the characteristic of the individuals who join these founders as early employees to help them develop and commercialize innovative new products and services.

Hoping to Boost State’s Tech Sectors, New Mexico Gov Signs Incentive Package

June 25, 2015

Last week, New Mexico Gov. Susana Martinez signed House Bill 2 into law, new tax incentive legislation that, according to the governor, expands the state’s economic development toolkit. The bill received bipartisan support, in the GOP-controlled House, where it passed 60-2, and the majority-Democrat Senate, where it was approved 31-11.

Growth Dashboard Highlights Startup Growth in UK Regions

June 25, 2015

The Growth Dashboard, an annual report released by the Enterprise Research Centre, a policy advisory group with researchers from five United Kingdom business schools, and the government’s Business Growth Service, serves as a source of evidence to inform discussions on the country’s business support priorities.

Budget Update: FL Gov Vetoes $461M, RI Approves $100M for Economic Development

June 25, 2015

Over the past few months, SSTI has followed proposals issued by governors in their budget requests, State of the State Addresses, Inaugural Speeches and other events. Now that many governors have signed spending bills, the SSTI Digest will check on the status of these proposals, and examine the state of technology-based economic development funding in the states. This week, we review actions in Florida and Rhode Island.

White House, Partners Announce $4B Commitment to Spur Clean Energy Impact Investments

June 25, 2015

During a Clean Energy Investment Summit, the White House announced a $4 billion commitment by major foundations, institutional investors, and others to fund innovative solutions to help fight climate change, including technologies with breakthrough potential to reduce carbon pollution. The commitment of $4 billion doubled the initial $2 billion goal set at the launch of the administration’s Clean Energy Investment Initiative last February.

Budget Update: Entrepreneurship Programs Survive Contentious Budget Negotiations in MN, MI, KS

June 18, 2015

Over the past few months, SSTI has followed proposals issued by governors in their budget requests, State of the State Addresses, Inaugural Speeches and other events. Now that many governors have signed spending bills, the SSTI Digest will check on the status of these proposals, and examine the state of technology-based economic development funding in the states. This week, we review actions in Kansas, Michigan and Minnesota.