• SSTI's 2017 Annual Conference - Register today!

    Join your innovation economy peers in building bridges for a better future in Washington, DC on Sept. 13-15 while showcasing your impacts for federal officials and legislators.
  • SSTI's 2017 Annual Conference Program

    Looking for conference information? Download the program for SSTI's conference or visit ssticonference.org
  • Become an SSTI Member

    As the most comprehensive resource available for those involved in technology-based economic development, SSTI offers the services that are needed to help build tech-based economies. Learn more about membership...
  • Subscribe to the SSTI Weekly Digest

    Each week, the SSTI Weekly Digest delivers the latest breaking news and expert analysis of critical issues affecting the tech-based economic development community. Subscribe today!

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.


Panel Members Sought

Nominations of individuals to serve on the Sea Grant Review panel are being solicited. The panel advises the National Sea Grant College Program on the operations of the program, including review of applications or proposals for grants and contracts and the designation and operation of sea grant colleges and sea grant regional consortia.

Prabhakar to Leave NIST

Arati Prabhakar, director of the Commerce Department's National Institute of Standards and Technology (NIST), announced this week that she will be leaving NIST to become senior vice president and chief technology officer of the Raychem Corporation, Menlo Park, Calif.

Surveys Find Venture Capital Financing Increased in 1996

Two recent reports indicate the amount of venture capital financing increased in 1996, although the two reports differ on the amount of financing and the most active investors. Both surveys agreed that California and Massachusetts were the lead states in attracting venture capital.

Price Waterhouse Study

Price Waterhouse, in conjunction with the National Venture Capital Association, recently published the results of the 1996 National Venture Capital Survey. Venture capitalists reported investing $9.5 billion in 1996, a 25% increase over 1995.

Coopers & Lybrand Survey

In its annual Money Tree Survey of venture firms, Coopers & Lybrand, which also tracks venture capital activity, reported greater growth in 1996 than Price Waterhouse did. According to this survey, venture capital investment reached $10.1 billion in 1996. Surveyed venture firms participated in 2,163 deals during 1996. The average size of each financing rose in 1996 to $4.7 million, up from the $4.3 million average investment reported in 1995.

Rhode Island Plan Calls for Action

The Rhode Island Economic Policy Council has concluded a year-long examination of the state's economy with a call for nine recommendations to be implemented.

Entrepreneur Of The Year Nominations Accepted

Nominations are being accepted through April 4 for the annual Entrepreneur Of The Year awards. Nominees must be owners/managers primarily responsible for the recent performance of a company that is at least two years old. Founders of public companies are also eligible provided the founder is still active in upper management.

Pollution Prevention Information Centers Being Established

The U.S. Environmental Protection Agency (EPA) is soliciting grant proposals to establish a national network of pollution prevention information centers. Currently there are limited mechanisms to coordinate the development, review, and dissemination of pollution prevention information among those promoting source reduction technologies, according to the EPA.

Baldrige Winners Outperform S&P 500 Again

The "Baldrige Index" for 1996 outperformed the Standard & Poor's 500 for the third year in a row, according to a study prepared by the National Institute of Standards and Technology (NIST). The fictitious index is made up of winners of the Malcolm Baldrige National Quality Award.

DOC Report Says U.S. Steel Industry Competitive

The steel industry has experienced painful changes over the past 10 to 15 years, but has now emerged in much better financial and operating condition, according to a new report by the U.S. Department of Commerce's Office of Technology Policy (OTP).

Senate Creates Manufacturing and Competitiveness Subcommittee

The U.S. Senate's Committee on Commerce, Science, and Transportation has established a new subcommittee to focus on manufacturing and competitiveness issues. Spencer Abraham (R-MI) will chair the Manufacturing and Competitiveness Subcommittee.

Internet Has Had Little Impact, Manufacturers Say

Only 13 percent of midsize manufacturers reported that the growth of the Internet has had "a great deal of" or "some" impact on their companies over the past two years, according to a survey conducted for Grant Thornton LLP. However, the manufacturers expect that to change in the next two years. The survey found that 50 percent of the manufacturers expected the growth of the Internet to have "a great deal of" or "some" impact on their companies.

Pages