• Join your peers at SSTI's 2024 Annual Conference!

    Join us December 10-12 in Arizona to connect with and learn from your peers working around the country to strengthen their regional innovation economies. Visit ssticonference.org for more information and to register today.

  • 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!

Legislative Wrap-Up: Support for TBED Initiatives in DE, ME, NV, NC, TX

July 20, 2011
  • Forward logo
  • LinkedIn logo

Lawmakers in several states wrapped up their 2011 sessions in time for the new fiscal year, which begins on July 1 for most states, allocating funds and passing bills in support of tech-based economic development. Read more...

Delaware lawmakers established a new Job Creation Tax Credit and extended the scope to include clean energy technologies. Read more...

Maine Gov. Paul LePage signed a bill expanding the state's Seed Capital Tax Credit. Read more...

Nevada legislators passed a bill reorganizing the state's economic development efforts. The bill also establishes a Catalyst Fund and creates a Knowledge Fund to encourage technology commercialization. Read more...

North Carolina's recently enacted budget continues to support the state's life sciences industry, but at a reduced level. Overall, appropriations for life science activities are reduced 3.9 percent in the coming year. Read more...

Texas Gov. Rick Perry signed the 2012-13 biennial budget, which includes funding for the state's two major economic development funds — the Emerging Technology Fund and the Texas Enterprise Fund. Another bill passed during the session establishes a scholarship program to increase STEM graduates. Read more...

Delaware, Maine, Nevada, North Carolina, Texasstate tbed, tax credits, capital, commercialization, bio, stem