• 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!
  • Brag About Your Success!

    Each year, SSTI recognizes initiatives that greatly impact regional economies through a national competition showcasing innovative approaches to building tech-based economies. SSTI's open call for applications for the 2014 Excellence in TBED awards begins April 16.
  • 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.
  • SSTI's FY15 Budget Request Special Issue

    Each year, SSTI provides Digest readers with a review of TBED spending in the the president's federal budget request. Throughout the week, we'll be offering an agency-by-agency look at proposed spending on research, business assistance and economic development...
  • 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.

For Earth Day: Toward a Better Understanding of Our Regional Innovation Systems

April 17, 2014

The strategic direction of good regional innovation investments, from research through commercialization and production, must be based on the best information regarding the current trends, assets and needs of the regional innovation system. Socio-economic data and asset mapping tools - available through sources like the three EDA-funded sites: Stats America and US Cluster Mapping and the Regional Innovation Acceleration Network (RIAN) – provide good starting points.

Useful Stats: Environmental Science Spending at U.S. Universities, FY2003-12

April 16, 2014

With Earth Day just around the corner, SSTI is taking a closer look at environmental science research spending in the states.  Even as climate change emerged as a key political topic during the first decade of the millennium, spending on environmental research at American colleges and universities declined as a percentage of all R&D, according to data from the National Science Foundation (NSF) Higher Education Research and Development (HERD) Survey. Between 2003-12, environmental science expenditures fell from 5.3 percent of all R&D expenditures to 4.8 percent.

Let Us Share Your Success Story

April 16, 2014

Telling your story helps generate buzz about the value of investing in science, technology and innovation to create vibrant regional economies and improve our nation's competitiveness. SSTI is accepting applications for the 2014 Excellence in TBED awards. This is a great opportunity to share with the country how your efforts to improve economic competitiveness are succeeding in your state or region. Eligibility includes: venture development organizations, tech transfer offices, tech councils, accelerators, venture funds, statewide tech-based initiatives, university-industry partnerships, and others. Applications due June 17.

MD Session Ends on High Note for Tech Sector, University-based Economic Development

April 16, 2014

The FY15 budget bill passed by Maryland lawmakers increases funding for three of the state’s high-tech tax credits and provides level funding for continued innovation-focused investments. Lawmakers also passed bills to fund endowed chairs, create zones to incentivize businesses, and establish a statewide internship program connecting students to small, technology businesses.

Brookings Examines State, Local Options in Financing Clean Energy Development

April 16, 2014

Inconsistent federal support for clean energy research and infrastructure projects in recent years has hampered the blossoming of an industry that has long been touted as a key part of the new American economy. As a result, states and local governments have stepped into the fray with clean energy funds, green banks and other tools to finance the development of the clean energy economy. A paper from the Brookings Institution explores another underutilized tool available to local governments, the bond market.

Vermont Gov Seeks $5M in Lending Support for Startups

April 16, 2014

Two proposals announced by Gov. Peter Shumlin would provide additional lending tools and incentives to attract and retain technology companies using revenue surpluses for the current fiscal year. The first proposal would establish the Vermont Enterprise Incentive Fund and authorize the governor to offer an incentive package not exceeding $4.5 million to businesses that have a substantial statewide or regional economic or employment impact. The second part adds $500,000 in state general funds to the $1 million in federal funds available to the Vermont Economic Development Authority’s Entrepreneurial Lending program.