• Oklahoma City Selected to Host SSTI 2015 Annual Conference

    SSTI is proud to announce that Oklahoma City has been selected to host the 2015 Annual Conference, October 26-28, 2015, at the Cox Convention Center.
  • 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.

As Tuition Rates Rise, State Funding for Public Colleges Decrease, According to GAO Report

December 18, 2014

Funding for public colleges decreased by 12 percent overall from FY03 to FY12, while tuition rates for all public colleges rose by 55 percent during the same time, according to a new report from the Government Accountability Office (GAO).  Driven in part by the impact of the recent recession on state budgets, the decline in state funding has had a significant impact on college affordability for students and their family.

Useful Stats: Federal Obligations for Science & Engineering to Universities and Colleges

December 18, 2014

A total of $30.8 billion for science and engineering (S&E) was given by federal agencies to 1,073 academic institutions across the United States in FY 2012, according to new research from the National Science Foundation. Although these obligations are 2 percent less than they were the year before, commitments to science and engineering increased more than 9 percent from 2007 to 2012. During that same time, per capita commitments to academic S&E decreased 7 percent.

NY Launches $50M Innovation Venture Capital Fund

December 18, 2014

Last week, New York Gov. Andrew Cuomo launched the New York State Innovation Venture Capital Fund (NYSIVC or The Fund), a $50 million fund that is expected to leverage at least $100 million in private capital to support early stage companies in high growth areas such as advanced materials, clean technology, life sciences/biotechnology, and information technology.

NY, IN Pursue Regional Strategies to Fuel High-Tech Economy

December 18, 2014

New York Gov. Andrew Cuomo recently announced the fourth round of regional economic development grants to support tailored approaches to job creation in different areas of the state. The $709.2 million in awards are part of the state’s ongoing Regional Economic Development Council (REDC) initiative begun in 2011. Regional strategies have long been a key component of state development policy, enabling policymakers to encourage institutional partnerships with a focus on the specific needs of local economies. New York’s approach supports individual projects proposed by regional councils.

President Obama Signs Spending Bill, Keeping S&T Funding Stable

December 18, 2014

This week, President Obama signed off on the continuing resolution omnibus spending package that will keep the federal government open for another nine months (see last week’s analysis).The spending bill provides stable funding for R&D and most research agencies, according to analysis by the American Association for the Advancement of Science (AAAS).

VA Gov Launches Initiative to Boost Bioscience Innovation and Entrepreneurship

December 11, 2014

Gov. Terry McAuliffe hopes to increase the commonwealth’s profile in the global life sciences industry through his recently launched Virginia Bioscience Initiative. The initiative will develop cross-agency linkages, as well as public-private partnerships, to support entrepreneurs, use big data to drive new discoveries and speed the commercialization of new technologies. Gov.