• 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.

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.

FCC Releases Broadband Report, Interactive Tool

July 31, 2014

The Federal Communications Commission (FCC) has released its latest broadband report. The report provides summarized data on Internet access connections in the U.S. (over 200 kilobits per second in at least one direction). Key findings include the number of broadband connections with downstream speeds of at least 10 Mbps increased by 118% in the U.S. between June 2012 and June 2013.

President Obama Signs Workforce Innovation and Opportunity Act

July 24, 2014

President Barack Obama signed the Workforce Innovation and Opportunity Act (WIOA) into law on July 22 – a federal-wide reform effort designed to help job seekers access employment, education, training, and support services to succeed in the labor market and to match employers with the skilled workers they need to compete in the global economy. WIOA is the first legislative reform in 15 years of the public workforce system.

JPMorgan Chase & Co. Awards $30M to Cluster Initiatives

July 24, 2014

JPMorgan Chase & Co. launched Small Business Forward℠ — a five-year, $30 million grant program to help industry cluster initiatives in cities across the country.  Through Small Business Forward, JPMorgan Chase will fund nonprofit organizations that work with small businesses concentrated in a single industry sector.