SSTI Digest

The latest reporting and analysis on breakthroughs in technology-based economic development research and issues that matter most to you. To receive the SSTI Weekly Digest via email, sign up here.

Indices Examine Conditions, Top Places for High-Potential Female Entrepreneurship

July 21, 2016

Two recently released indices assess countries and cities on the characteristics that enable female entrepreneurship. The 2015 Female Entrepreneurship Index finds the U.S., Australia, the U.K., Denmark and the Netherlands offer the world’s most attractive environments for high-potential female entrepreneurship. Meanwhile, the Dell Women Entrepreneur Cities Index ranks New York City, California’s Bay Area, London, Stockholm and Singapore as the top cities for female entrepreneurship.

‘Economic Development’ Most Mentioned Topic in Mayoral State of City Speeches

July 21, 2016

A recently released analysis of mayoral State of the City addresses finds that economic development was the most frequently mentioned topic in such speeches for the third straight year. The National League of Cities’ (NLC) State of the Cities 2016 report reviews speeches from 100 mayors across the United States and in cities with populations ranging from 50,000 to more than 300,000. Economic development was mentioned in 75 percent of mayoral speeches, making it the biggest issue on mayors’ agenda – ahead of public safety (70 percent) and city budgeting (52 percent) – according to a NLC press release.

Importance of International STEM Student Attraction, Retention

July 21, 2016

Attracting and retaining talented workers is a critical element in a technology-based economy.  In the U.S., a major source of this talent comes from international students, many of whom stay in the United States to work after graduation – especially in STEM industries. New research from economists at the University of California at Santa Barbara examines why international students may choose to study in the U.S., as well as what compels them to either remain in the country or go elsewhere after earning their degrees.

States Commit to Improve Economic Prosperity Through Increased Broadband Access

July 21, 2016

A month after a federal court ruled that high-speed Internet service can be defined as a utility, four states have announced commitments to expand high quality, reliable broadband services to rural areas and other underrepresented groups. Two Midwest states, Wisconsin and Minnesota, will provide funding to help support projects that improve access to broadband and spur economic prosperity.

SBA Announces $2M for Technology-Businesses Outreach, Assistance

July 21, 2016

As part of the Federal and State Technology (FAST) Partnership Program, the U.S. Small Business Administration has awarded up to $200,000 to organizations in 21 states to provide outreach and technical assistance to science and technology-driven small businesses. With an emphasis on socially and economically disadvantaged firms, the FAST program provides funds to organizations helping businesses better prepare to compete for Small Business Innovation Research (SBIR) and the Small Business Technology Transfer (STTR) funding.

KY, NH Launch New Workforce Programs to Address Industry Needs

July 21, 2016

Kentucky and New Hampshire recently have announced job training initiatives to address the needs of key industries at both the local and state levels. The Kentucky Work Ready Skills Initiative, a $100 million statewide bond program, is intended to meet “the needs of employers and promote sustainable incomes for Kentuckians.” Meanwhile, the launch of New Hampshire’s Manufacturing Sector Partnership, a statewide collaboration for industries to address their workforce needs, was announced.

NSF Announces Community College Innovation Challenge Winners

July 21, 2016

The National Science Foundation (NSF), in partnership with the American Association of Community Colleges (AACC), announced the winners of the Community College Innovation Challenge – a competition that challenged teams of community college students to propose innovative science, technology, engineering and mathematics (STEM)-based solutions to real-world problems. A team from Forsyth Technical Community College in North Carolina placed first in the challenge with its Energy Efficient Nanotech Solar Greenhouse idea.

Beyond Unicorns: First Six Months of 2016 Raise Concerns About Availability of VC Funding

July 14, 2016

At the end of 2015, there were concerns that the Venture Capital (VC) industry had peaked and there would be a quick return to 2013 VC investment levels.

Growth in Global Accelerator Industry Prompts Characterization, Evaluation

July 14, 2016

Around the world, accelerator programs continue to multiply, prompting the need for continued research on what they are, how they operate, and how they can be evaluated. The Global Accelerator Report 2015, recently released by Gust and Fundacity, highlights the global development of the accelerator industry and includes details on how accelerators are funded and insights into the industry’s future.

Tech Workers Increasingly Attracted to Affordable Markets With Growing Tech Presence

July 14, 2016

Skilled technology workers are gravitating toward cities where the cost of living is lower and more jobs are available, according to real estate research firm CBRE's annual Scoring Tech Talent report, a ranking of 50 U.S. and Canadian markets based on their perceived ability to attract and grow tech talent.

Indiana Governor Announces Plan to Advance Innovation, Entrepreneurship

July 14, 2016

Indiana Gov. Mike Pence announced plans to invest $1 billion over the next 10 years to advance innovation and entrepreneurship in the state, and to ensure the Hoosier State plays a leading role in solving 21st century challenges, while supporting Indiana’s long-term economic growth, job creation and talent attraction.

NSF Announces $10M to Support Commercialization of NSF-Funded Research

July 13, 2016

The National Science Foundation (NSF) announced approximately $10 million in new funding through its Partnerships for Innovation (PFI) program. The PFI program offers NSF-funded researchers at institutions of higher education opportunities to connect new knowledge to societal benefit through translational research efforts and/or partnerships that encourage, enhance, and accelerate innovation and entrepreneurship.