SSTI Digest
Geography: Vermont
NSF invests $40M to strengthen STEM research capacity and workforce development across five EPSCoR jurisdictions
The U.S. National Science Foundation announced awards totaling approximately $40 million to support research and STEM workforce development in Delaware, Guam, Kentucky, Louisiana, and Vermont, according to a January 22 NSF press release. These grants are part of the NSF Established Program to Stimulate Competitive Research (NSF EPSCoR).
“Strengthening Partnerships for Advancing Research Capacity in Delaware” is led by the University of Delaware and delivered in partnership with the Delaware EPSCoR State Committee, Delaware State University, Delaware Technical Community College, Goldey-Beacom College, and Wilmington University. The award abstract, notes that the project is expected to strengthen the data and intellectual property infrastructure among the participating institutions, boost interdisciplinary team-based research, improve communication and access to STEM programming, and support entrepreneurial training.
“Optimizing Research Infrastructure in Guam” is led by the University of Guam in collaboration with Guam Community College. The project’s award abstract states the funding enables “student research experiences to employ a near-peer mentoring…
Tech Talkin’ Govs 2023: Governors’ innovation vision from their annual addresses
After a busy election season that saw gubernatorial elections in 36 states, newly elected and re-elected governors delivered their annual State of the State addresses, kicking off new programs and reviewing the conditions of their states. SSTI reviews the speeches every year and covers news of new developments and initiatives the governors have highlighted as they relate to the innovation economy. New programs are laid out here in the governors own words as excerpts from their State of the State or budget addresses. Not all governors delivered a State of the State, and some that did may not have revealed new innovation-related initiatives and so are not included in our coverage. Common initiatives among the governors that touched on innovation included an emphasis on workforce, education and broadband; water issues for Western governors; and, clean energy.
Alabama Gov. Kay Ivey delivered her 2023 State of the State on March 7 and called on legislators to “look ahead and crate an economic development strategy for the 2030s.”
“… I am calling on you to get behind our playbook for economic success, what I am calling The Game Plan.”
“We will…
Nine additional SSBCI state plans approved
The U.S. Department of the Treasury announced nine additional states whose SSBCI plans have been approved: Arizona, Connecticut, Indiana, Maine, New Hampshire, Pennsylvania, South Carolina, South Dakota, and Vermont. This is in addition to the five states approved earlier this year: Hawaii, Kansas, Maryland, Michigan and West Virginia. The state plans for the awards will support underserved businesses, innovation programs, investing for startups and more, detailed below.
Arizona has been approved for $111 million across three different state programs. Two venture capital programs, Arizona Venture Co-Invest and Arizona Multi-Fund Venture, will split $87 million of the total approved funds. The rest of the allocated funds will go towards the Arizona Loan Guarantee Program. The three programs will all aim to support underserved businesses by creating greater access to capital.
Connecticut has been approved for $119 million, which will be allocated to CT Innovations Equity Fund, a venture capital program, and CT Works Fund, a loan participation program. The state will also be launching two new funds from Connecticut Innovations, The Connecticut Future Fund and…
Tech Talkin’ Govs 2022: Innovation agendas from the governors’ State of the State addresses
The last of the governors have delivered their State of the State addresses. With 36 gubernatorial elections this fall, many governors appeared to be more conservative in their addresses this year, speaking more about past accomplishments rather than rolling out new programs. This week features comments from California, Louisiana, Nevada and Ohio’s governors as their addresses related to the innovation economy.
California Gov. Gavin Newsom (March 8)
Gov. Gavin Newsom talked about transformation in the state’s public education system, including free community college.
“Infrastructure, research and development, investing in our conveyor belt for talent, the finest system of higher education anywhere in the world: our CSUs, UCs and community colleges. And ensuring society provides a hand up when people need help, maintaining, maintaining our pro-immigrant policies and welcoming refugees from around the world.”
Louisiana Gov. John Bel Edwards (March 14)
Noting that the state has “hundreds of millions in surplus, even more in current year excess, and billions in federal funding through the American Rescue Plan and the Infrastructure Investment…
Governors lay out plans for recovery, rebuilding in annual State of the State addresses
Across the country, the governors have begun delivering their State of the State addresses, an annual ritual where they have the opportunity to review where the state’s economy stands and preview their plans for the coming year. This year’s remarks reflect the dire conditions most states are experiencing with the pandemic, economic fallout, racial strife and national political upheaval. Despite the heavy focus on states’ efforts to respond to the pandemic, governors have struck a hopeful note and are focusing on recovery. Some governors have noted that the fallout in their state was not as severe as they originally anticipated and there are resources for new initiatives. Some, like Arizona and Virginia are considering gaming revenue to boost their budgets, while legalization of marijuana is being pursued in Connecticut, Kentucky (medical marijuana) and Virginia.
Each year, SSTI reviews each of the governors’ addresses for news about initiatives affecting the innovation economy in our Tech Talkin’ Govs series, and this week we bring you the first round of those addresses looking at Arizona, Arkansas, Connecticut, Georgia, Idaho, Iowa, Kansas, Kentucky, Nebraska, New…
Policy positions of gubernatorial candidates in 11 states discussed
Eleven states are holding gubernatorial elections this year with nine incumbents seeking reelection, two of which are facing off against their lieutenant governor. Only one governor, Steve Bullock in Montana, is term-limited and unable to seek reelection. In Utah, Gov. Gary Herbert is stepping down from the position he has held for 10 years. While many of the races this year will reflect referendums on the current governor’s response to the COVID-19 pandemic, many of the candidates have announced their innovation and economic development initiatives. In the final stretch of the gubernatorial race, here are some of the candidates’ innovation-related policies, positions and prior accomplishments.
Delaware
In Delaware, Republican Julianne Murray is running against incumbent Democrat John Carney. According to her campaign site, Murray will spur entrepreneurship by cutting taxes, streamlining regulations, and adopting a uniform permitting code to help reopen and grow small businesses. She created the “Small Business Bill of Rights”, a document that outlines the rights and privileges of small businesses in Delaware.
Carney, with help from his Division…
States dealt blow with pandemic
In general, the effect of the pandemic on states’ budgets due to the wave of business, retail, and commerce shutdowns, as well as other reduced economic activity across the nation, is not entirely known, or too early to forecast; however, a number of states are beginning to experience the initial impacts of a substantial downturn. With several states having already enacted their 2020-21 budgets, special sessions are expected later this year to deal with declining revenues. Others ended sessions early without a new fiscal year spending plan in place. Many are also acting quickly to help mitigate the effects of lost revenues and an increased demand for services. Some of the states’ impacts and actions are outlined below.
Alaska officials report that the drop in global oil prices will likely add $300 million to the state's current year (2020) budget deficit. The Alaska Journal of Commerce reports the state Legislative Finance Division told lawmakers that the state could experience a $600 million revenue reduction in the 2021 fiscal year, which starts July 1.
In Arkansas, lawmakers were called into special session to address an estimated $353 million hit to the state’s…
States launching innovation initiatives across the country
Proving that innovation is appealing to states regardless of their size or political leanings, new initiatives in both Democratic and Republican states, as well as large states like California and small states like Vermont, are driving innovation agendas into action in areas ranging from clean energy and aid for students and colleges, to new venture capital investments and bond financing to support business collaborations with higher education to help translate cutting-edge research into products and companies. It is important to note that these new initiatives are in addition to important work that is already occurring in many states. SSTI continues to bring you news of these actions as governors, legislatures, and economic development organizations capitalize on proven programs to build out their innovation economies, with several examples provided here.
In Arizona, Gov. Doug Ducey’s proposed budget includes $10 million in one-time General Fund support that would provide the state match portion for Arizona’s public universities to pursue major competitive national research grants. It is part of a larger $165 million plan put forward by the Arizona Board of Regents…
Tech Talkin’ Govs 2020: AZ, CO, NJ, NY, VT spotlight climate, higher ed, rural and workforce proposals
Governors are continuing to roll out their state of the state addresses and this week’s SSTI review highlights differences in the states economies: while Arizona is enjoying population growth Vermont is struggling to attract workers. More states are focusing proposals on climate change and clean energy initiatives, with New York proposing a $3 billion bond initiative to build resiliency, and Colorado, New Jersey and Vermont proposing clean energy and climate initiatives as well. Rural broadband, higher education and workforce initiatives also are throughout the state addresses. SSTI presents excerpts of the governors’ addresses as they relate to the innovation economy below.
Arizona
Gov. Doug Ducey delivered his sixth state of the state address on Jan. 13, and heralded the in-migration the state is experiencing, noting that Arizona is attracting 120,000 new residents a year and touted its diverse economy and growth:
“We’re also going to target more resources toward our trade programs with an eye toward Achieve60AZ. At our community colleges: a full restoration of STEM and workforce development funding. In our public schools: more dollars to CTE…
Vermont launches business accelerator focused on energy
While states across the country are focusing more on clean energy and climate change, SSTI is happy to share an opportunity from one of our members. The Vermont Sustainable Jobs Fund, a Vermont based entrepreneurial support organization, announced the launch of the Delta Clime VT Energy 2020 business accelerator. This business accelerator is focused specifically on startup and/or seed stage technology ventures who offer products or services, including smart home and building technologies, aimed at reducing fossil fuel use and greenhouse gas emissions in buildings; enable better integration of distributed resources and smart building technologies; increase resiliency and/or support demand management strategies that avoid peak time energy usage. This program will assist up to 10 innovative energy startups to grow their businesses, connect with mentors and advisors, and gain exposure to customers and investors. Applications are due by Feb. 16. Learn more at www.DeltaClimeVT.com.
Workforce programs receiving state attention
As the month of September marks national Workforce Development Month, states around the country continue to forge ahead with programs and initiatives to help train the workforce and attract more workers to open positions. This article highlights two new reports out that detail state efforts in various workforce programs, as well as calling out several new or proposed programs in Ohio, Vermont and Arizona that are designed to increase and develop the workforce in each of those states.
The National Association of State Workforce Agencies (NASWA) has released its first State of the Workforce Report, which reports on efforts in all 50 states, including key labor market information and workforce agency profile, along with workforce innovations the state may have chosen to highlight. Similarly, the Education Commission of the States (ECS) has released its first of three 50-state comparisons on state policy models for connecting education to work. The first report in the series explores workforce investment boards, career pathway systems and financial aid programs that are designed to help ensure students’ educational experience prepares them for success in the workplace…
Ten states selected for manufacturing-focused Policy Academy
Ten states from across the country have been selected as part of a unique program designed to grow and strengthen their manufacturers. Over the course of the next year, interdisciplinary state teams will meet together in Washington, D.C., and separately in their home states, to develop and refine strategies impacting manufacturing industries.
Based on their specific needs and goals, participating states developed working teams with representatives from areas such as the private sector, governor’s offices, state workforce and economic development departments, Manufacturing Extension Partnership centers, and manufacturing trade associations, among others. The participating states are: Arizona, Colorado, Illinois, Maine, Maryland, Missouri, North Carolina, Pennsylvania, Vermont, and Wisconsin.
“The Policy Academy process empowers states to make proactive decisions that can improve the competitiveness of their manufacturing industries,” said Dan Berglund, president and CEO of SSTI, which is helping to coordinate the academy. “Although each state is dealing with their own challenges and circumstances, there are a lot of opportunities for states…