Documents

Documents for SSTI Members

December 19, 2023

Finding the Funding for the “Glue” in Cluster Initiatives

SSTI's Dan Berglund and Mark Skinner cover regional cluster initiatives across the globe that are sustaining their efforts over time -- resulting in a more successful cluster and a stronger local economy, including actual examples of the widely varying funding models selected from the regional collaborative economic development efforts of SSTI members. 

Number of pages: 27

April 03, 2023

Benchmarking Ohio’s innovation economy

The Benchmarking Ohio’s innovation economy report examines the condition of science, technology,
innovation and entrepreneurship in Ohio—collectively, the state’s “innovation economy.” It is important
for states to assess their performance in these areas because innovation is a strong driver of economic
growth and resiliency, and public policy can greatly influence innovation-related activities.

The report was prepared by SSTI for InnovateOhio.

November 18, 2021

SSTI presentation on SSBCI

SSTI put together this presentation to help explain the U.S. Department of the Treasury's State Small Business Credit Initiative (SSBCI), and the program's first set of guidance, released in Nov. 2021. Topics covered include an overview of SSBCI, definitions of private financing and other key terms, conflict of interest provisions, and an explanation of the incentive funds.

Number of pages: 64

chemistry
March 18, 2021

An Introduction to Cluster Initiatives

Clusters are a geographic concentration of related companies and associated institutions in a particular field, linked by commonalities and complementarities. While this definition is among the more concise, there is little consensus in the precise definition of clusters. In general, cluster definitions include three dimensions: a focus on industry life cycle (e.g., existing, emerging, and potential), linkages between firms (e.g., buyer-supplier or labor pool), and geography (e.g., regional or statewide).

March 18, 2021

Sustaining Cluster Initiatives

In addition to asking participants for the U.S. Cluster Convening to consider whether sustainability was or could be achieved, they were also asked to consider the successes or failures of their business models. An overarching theme was determining the requirements of a sustainable business model for one’s cluster initiative.

March 18, 2021

Survey of Cluster Initiatives

In preparation for the first U.S. Cluster Initiative Convening organized by JPMorgan Chase, the U.S. Small Business Administration, Harvard Business School’s Institute for Strategy and Competitiveness and SSTI, approximately 100 organizations serving clusters to some capacity were surveyed to learn more about the cluster initiatives and to shape the agenda of the convening. The survey results described below represent the responses of 47 separate cluster initiative leaders.

January 23, 2020

Opportunity Zones final rules

The IRS has released the “final” rules for Opportunity Zones (OZs) — the rules are referred to as being finalized, but the guidance indicates at several points that the IRS is strongly considering additional guidance. At this point, funds, investors and businesses are able to access all of the incentive information that is likely to be available for the next few years.

February 07, 2019

SBIR State Matching Grants

This document prepared by SSTI includes a listing of active state programs providing a matching grant to the federal SBIR program.

September 14, 2018

Makerspaces & States: Notes on business models and structures

A member wants to know of any reports on best practices for running state run maker spaces or contracting out services for innovation centers. They are constructing an entrepreneurship center that has a maker space, co-work space and a digital media center. They are looking to see what the best model is for running the maker space and co-work space. Do they run it themselves or contract out the services?

Number of pages: 4

June 26, 2017

State R&D Tax Credit Programs

Over the past thirty years, state research and development (R&D) tax credits have become one of the most common state tools to boost their local technology economy with the first state R&D tax credits introduced in the early 1980s. Few studies, however, have attempted to provide a comprehensive evaluation of their effectiveness. In this report, SSTI provides an overview of the literature on state R&D credits, five case studies of state R&D tax credit programs, and a list of select R&D tax credits.

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