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New dashboard may help us understand regional clusters

Thursday, June 4, 2026
To support data-driven economic and workforce development, the Purdue Center for Regional Development (PCRD), in partnership with the EDA, has released a new Regional Clusters website with compiled data presented across interactive dashboards with maps, tables, and other tools and resources. The dashboards cover industry-based, skills, and knowledge clusters. PCRD’s definitions of each cluster type can be found here or within their respective dashboard.
  • Read more about New dashboard may help us understand regional clusters

Commentary: Making the most of federal funds for regional innovation

Thursday, August 16, 2018

At the end of this month, applications are due for two of the federal government’s most notable programs for funding clusters and regional innovation initiatives: the SBA’s Regional Innovation Clusters (RIC) program and the EDA’s Regional Innovation Strategies (RIS) program. As practitioners develop their proposals for these programs, it is worth considering potential lessons learned from the successes of previous awardees and the major challenges they have faced.

At the end of this month, applications are due for two of the federal government’s most notable programs for funding clusters and regional innovation initiatives: the SBA’s Regional Innovation Clusters (RIC) program and the EDA’s Regional Innovation Strategies (RIS) program. As practitioners develop their proposals for these programs, it is worth considering potential lessons learned from the successes of previous awardees and the major challenges they have faced.

  • Read more about Commentary: Making the most of federal funds for regional innovation

Massachusetts Makes $1B Investment in Community Development, Workforce Training, Innovation

Thursday, August 11, 2016

On August 10, Massachusetts Gov. Charlie Baker signed an extensive economic development bill (HB 4569) into law.

  • Read more about Massachusetts Makes $1B Investment in Community Development, Workforce Training, Innovation

Commerce Dept Names 26 Recipients of Regional Innovation Strategies Grants

Thursday, April 2, 2015

U.S. Secretary of Commerce Penny Pritzker announced the first 26 recipients of the 2014 Regional Innovation Strategies program grants. Managed by the Economic Development Administration, the Regional Innovation Strategies (RIS) program is designed to advance innovation and capacity-building activities in regions across the country through three different types of grants:

  • Read more about Commerce Dept Names 26 Recipients of Regional Innovation Strategies Grants

Tech Talkin' Govs: Part I

Wednesday, January 5, 2011

The 11th Annual Tech Talkin' Govs series highlights new and expanded TBED proposals from governors' State of the State, Budget and Inaugural Addresses across the nation. The first edition includes excerpts from speeches delivered in the following states:

  • Read more about Tech Talkin' Govs: Part I

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Recent news from the SSTI Digest

Universities as architects of regional innovation ecosystems

Wednesday, July 8, 2026
Ask most university leaders how their institution contributes to the regional economy and the answer is likely to include research expenditures, patents, startups, and jobs. Those measures remain important, but they overlook one of the university's most valuable contributions. In today’s economy, where innovation, talent, and technology shape how regions grow, universities are helping communities adapt, connect, and compete.
regionalism
innovation

TBED programs succeed by engaging with local communities

Wednesday, July 8, 2026
When a new TBED project comes to town, the TBED practitioners inside know the long-term benefits of technology-based economic development: they can see and understand their progress in building a strong economic foundation for their host region. But for community-based and workforce development organizations and K-12 education systems in the surrounding area, the TBED project might appear to be an opaque operation that operates independently of its neighbors.
tbed

What to expect when you’re expecting (investment returns)

Wednesday, July 8, 2026
Following SSTI’s recent look at the timing and type of exits, we continue our look at investment activity to characterize returns on investments so that TBED investors can more accurately project and adjust program parameters to support long-term sustainability. Accurate data on venture capital investment returns and fund performance on private investment vehicles is not readily or consistently available. Anecdotal stories  and the occasional press release on a major transaction exist, but VC exits are often done quietly. As such, parties interested in understanding performance outcomes must rely on focused reports and other aggregate data. 
investing
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