SSTI Digest

Geography: Massachusetts

Tech Talkin' Govs: Part III

The third installment of SSTI's Tech Talkin' Govs' series includes excerpts from speeches delivered in Delaware, Hawaii, Massachusetts, Mississippi, and Utah. The first and second installments are available in the Jan. 11 and Jan. 18 editions of the Digest. Delaware Gov. Jack Markell, State of the State Address, Jan. 19, 2012 "Following up on the recent "Imagine Delaware' forum sponsored by the News Journal, we are finding new ways to support entrepreneurs. Over the last months, we studied best practices at entrepreneurial support centers around the country... Working with Representatives Lavelle and Bryon Short and groups like First State Innovation, we will apply what we have learned to further support emerging start-ups and growing companies in Delaware." Hawaii Gov. Neil Abercrombie, State of the State Address, Jan. 23, 2012 "Not only is it important to emphasize brick and mortar, we must also build an infrastructure for technology to meet the demands of the 21st century. This is the intellectual and social infrastructure that we must have to provide opportunities and experience for our people to become an advanced workforce that can compete in the global marketplace. "We will move forward on our Hawai'i Broadband Initiative by requesting $2.9 million to enhance online services for eHawaii.gov, advance research for transpacific fiber landing stations statewide, and initiate a 'one-to-one' laptop program for Hawai'i's public schools, to provide laptops for every student." Massachusetts Gov. Deval Patrick, State of the Commonwealth Address, Jan. 23, 2012 "... We need a unified community college system in Massachusetts. In a unified system, students would find courses specifically tailored to meet local workforce needs alongside a core curriculum that emphasizes STEM subjects and with credits that are easily transferable to another community college or a four-year college. ... "... To support this mission, I will propose in my budget to streamline the funding and governance of community colleges, and to increase overall funding by $10 million. I challenge the business community to match that new funding with an additional $10 million. I also propose to channel more state workforce training dollars through the community colleges. With this sharper focus, simpler structure, increased funding and greater accountability, community colleges can help us better prepare people for the middle skills jobs of today and tomorrow." Mississippi Gov. Phil Bryant, State of the State Address, Jan. 25, 2012 "Also, I am transmitting to the legislature the Energy Sustainability and Development Act of 2012. This will create incentives for manufacturing and industrial employers to make energy efficiency upgrades that result in significant savings, allowing them to be more competitive, retain or hire more workers, and further invest in their operations. It will create the Biomass Center for Excellence, which will be a partnership of the public, private, and education sectors to coordinate and promote biomass research, development, and manufacturing." Utah Gov. Gary Herbert, State of the State Address, Jan. 25, 2012 "... [W]e must also innovate safer and cleaner ways to extract natural resources and utilize energy. As Governor, I am calling on the private sector and our major universities to lead out! Our goal is to create an 'energy research triangle' that launches Utah into a new era of energy technology innovation!"

Massachusetts Plan Identifies Action Steps for Economic Growth

An economic development policy and strategic plan presented to lawmakers last month identifies several steps for investing in the innovation community to improve the state's competitiveness. To create a robust and supportive environment for new company formation and tech commercialization, the report recommends increasing by 20 percent annually over the next five years state funding for capital and incubator and accelerator programs. The plan, put forth by Economic Development Planning Council under Gov. Deval Patrick, is the latest competitiveness report to promote investments in research, entrepreneurship and science, technology, engineering and mathematics (STEM) education for economic growth (see the Oct. 26, 2011 issue of the Digest). The report identifies five steps with corresponding action items outlined for each. Steps include advancing education and workforce development for middle-skill jobs; supporting innovation and entrepreneurship; supporting regional development through infrastructure investments; increasing the ease of doing business; and addressing competitiveness. Action steps to strengthen and support the innovation community include: Establish a consistent pattern of state support for collaborative R&D among universities and businesses; Under the leadership of the Massachusetts Technology Collaborative, identify three to five emerging areas of global innovation excellence in the Commonwealth and support public-private collaborations to accelerate the growth of such areas; and, Increase by 20 percent annually over the next five years state funding of capital, mentoring and advice, including incubator or accelerator programs for early stage businesses. Calling on the state to expand the culture of innovation, the council recommends identifying locally based accelerators in five of the state's Gateway Cities (a group of former industrial Massachusetts mill cities) over the next two years. The accelerators should be supported through a competitive process. The council also recognizes that many innovation companies start in Massachusetts but leave the state as they grow. Measures to support growth to scale include: Increasing by 20 percent annually over the next five years state funding of capital, mentoring and advice, including shared facilities for the making and testing of product prototypes, to support the growth of small and mid-sized businesses; and, Raising the profile of advanced manufacturing as an integral part of the innovation economy by encouraging young people to enter the sector and by facilitating the adopting of local innovation into small and mid-sized manufacturing businesses. The report, Choosing to Compete in the 21st Century: An Economic Development Policy and Strategic Plan for the Commonwealth of Massachusetts, is available at: http://www.mass.gov/hed/docs/eohed/economicdevpolicystrategy.pdf.

Universities Commit to Initiatives that Foster Innovation and Entrepreneurship

With increasing pressures from state and local policymakers to show a return on investment, universities and colleges across the country are stepping up their efforts to transform innovative ideas into ready-for-market products and develop a new generation of entrepreneurs that will spur regional and state economic growth. Recently, several universities announced new initiatives to foster innovation and build entrepreneurial capacity including: Auburn breaking ground on a new $28.8 million science center; Harvard's Innovation Lab opening its doors; and, The LaunchPad Ohio announcement at four universities in Northeast Ohio.

MA, RI Release State Innovation Benchmark Studies

TBED organizations in Massachusetts and Rhode Island recently published comprehensive reviews of their respective state innovation economies. Both studies employ metrics of the general economy, as well as indicators of STEM education, research, venture investment and technology industry activity. They also use data from other state economies to track their progress in creating a vibrant and sustainable innovation ecosystem. The reports provide a useful set of innovation metrics that can be applied in other regions.

Seven States Selected to Identify, Implement Strategies for Enhancing Manufacturing

A newly established policy academy providing guidance and technical assistance will help seven states improve their environment for innovation and align state R&D investments, workforce development and education systems with current and future needs of advanced manufacturing industries. The policy academy will help each state develop a plan or overcome barriers for putting a plan into action through a highly interactive team-based process that includes input from NGA, MEP, EDA, SSTI, private sector consultants, and research organizations. Participating states include Colorado, Connecticut, Illinois, Kansas, Massachusetts, New York, and Pennsylvania. Ideas and strategies resulting from the academy's work will serve as models for all states. NIST, MEP and EDA are providing funding, leadership and technical assistance to the National Governors Association Center for Best Practices. Learn more...

Job Corner

The five-campus University of Massachusetts System is seeking a dynamic and entrepreneurial professional to become the associate vice president for economic development to help develop the university's role in generating innovation and talent to support the Innovation Economy of Massachusetts. The position will report to the vice president for economic development and be housed at the president's office in Boston, MA.

Mayors Unveil Initiatives to Improve Cities' Competitiveness

From undertaking a joint regional initiative to improve two cities' competitiveness in advanced manufacturing to launching an effort for engaging venture capital companies and bringing in top university students to showcase area opportunities, mayors in Lexington and Louisville, Boston and Chicago recognize the value in promoting their cities as top destinations for growing tech-based economies. While each of the three recent announcements detailed below target different sectors of the innovation economy, they share the same mission of making their region more desirable for startups.

Legislative Wrap-Up II: MA, MN, NJ Dedicate Funds for S&T

Recent legislative actions supporting technology-based economic development include level funding for the Massachusetts Life Sciences Center, funding to support programs of the Minnesota Science and Technology Authority and the expansion of two state programs in support of technology and life sciences companies in New Jersey.

TBED People & Orgs

Pamela Goldberg has been appointed as the executive director of the Massachusetts Technology Collaborative. Currently, Goldberg serves as director of entrepreneurial leadership at Tufts University.

Research Park RoundUp

Included below are recent development plans and groundbreaking news for research parks announced by officials in Connecticut, Colorado, Kentucky, Massachusetts, Nebraska, North Carolina, Rhode Island and Wisconsin.

TBED People

TBED People
SSTI board members Rob Atkinson and Rebecca Bagley and SSTI member Stephen Tang were appointed to the U.S. Department of Commerce Innovation Advisory Board. The 15-member board will guide a study of U.S. economic competitiveness and innovation to help inform national policies.

TBED People

Bob Crowley, president of the Massachusetts Technology Development Corp., will step down June 30. Crowley has held the position since 2002 and has been with the quasi-public agency since its beginning in 1978.

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