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People

Friday, May 16, 2003

Bill Madia is leaving his position as director of Oak Ridge National Laboratory to oversee all Department of Energy business for Battelle Memorial Institute.

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Editor's Note: 2005 Elections Review; 2006 Preview

Monday, November 14, 2005

As off-year elections go, the Nov. 8, 2005, election was pretty quiet across the country if you weren't running for mayor in one of 300-plus municipalities up for grabs or governor of New Jersey or Virginia.

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New Jersey, Virginia Promote Political Veterans to Governorships

Monday, November 14, 2005

New Jersey and Virginia were the only two states to choose governors in November 2005, with both states having open races. Below is a description of each governor-elect's position on TBED.

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TBED Ballot Issues and Bond Proposals Fare Well in '05 Election

Monday, November 14, 2005

Last Tuesday's election included a major bond package in Maine, a constitutional amendment in Ohio to complete the Third Frontier initiative, budget reform in New York, and additional TBED items in Iowa and Texas. Following are the results from some of the major ballot and bond issues within the states.

  • Read more about TBED Ballot Issues and Bond Proposals Fare Well in '05 Election

TABOR-Like Spending Limits Considered by States

Monday, November 14, 2005

As states have wrestled with budget constraints in recent years, many have adopted or are contemplating spending-limit measures, such as Colorado's Taypayer's Bill of Rights (TABOR), or similar fiscal limitations that restrain growth of government spending. In the recent November elections, California voters rejected a spending-limit proposal and Colorado voters suspended their state's restrictive TABOR amendment, allowing the state to keep funds for the next five years.

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Southern Growth Seeks Nominations for Innovative Programs in South

Monday, November 14, 2005

Southern Growth Policies Board, a regional public policy think tank, is accepting nominations for its Innovator Awards.

  • Read more about Southern Growth Seeks Nominations for Innovative Programs in South

ITAA Studies Show IT Job Outlook Still Gloomy

Friday, May 9, 2003

Research released this week by the Information Technology Association of America (ITAA) suggests that, failing a dramatic turnaround in the national economy, a recovery in the IT sector in 2003 will most likely continue to be a “jobless” one.

  • Read more about ITAA Studies Show IT Job Outlook Still Gloomy

North Dakota Legislature Clears Path for TBED

Friday, May 9, 2003

In the final week of its 2003 Legislative Session, the North Dakota State Legislature passed sweeping legislation that favors tech-based economic development in the state. The Greater North Dakota Association (GNDA), serving as the state's Chamber of Commerce, subsequently issued a summary of those bills targeted toward job growth. Some highlights of GNDA's summary are presented below:

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Maryland's TEDCO and NSA Team to Promote Tech Transfer

Friday, May 9, 2003

To spur technology development in the state, the Maryland Technology Development Corporation (TEDCO) has entered a collaborative agreement with the nation's cryptologic organization, the National Security Agency (NSA). TEDCO’s mission is to help foster a technology economy that will create and sustain businesses throughout Maryland. NSA coordinates, directs and performs highly specialized activities to protect U.S.

  • Read more about Maryland's TEDCO and NSA Team to Promote Tech Transfer

R&D Caps May Jeopardize Effectiveness of Transportation Spending

Friday, May 9, 2003

Given the proportionately small amount of money invested in transportation research and development (R&D), significant gaps exist in ensuring that the more than $120 billion in annual transportation funding is being spent wisely, witnesses have told a House Science Subcommittee. The testimony came at a hearing in April exploring the needs of transportation R&D as Congress considers the renewal of a massive transportation bill.

  • Read more about R&D Caps May Jeopardize Effectiveness of Transportation Spending

New Mexico Looks to Build Hydrogen-based Economy

Friday, May 9, 2003

As states and communities consider how to build a tech-based economy, the prospects of centering efforts around hydrogen fuel cell technology has become an increasingly appealing option. Fuel cells may have huge implications for the future, and the technology already is the focus of some states' multi-billion economic development strategies.

  • Read more about New Mexico Looks to Build Hydrogen-based Economy

TechSoup, Gifts In Kind Are Useful Resources for Nonprofits

Friday, May 9, 2003

Nonprofits looking for financial assistance, technology assistance or assistance in general may not need to look much further than one browser window. Two online resources, TechSoup and Gifts In Kind, offer a wide variety of tools that can help nonprofit organizations stretch tight budgets.

  • Read more about TechSoup, Gifts In Kind Are Useful Resources for Nonprofits

Maine to Increase R&D Activity to $1B by 2010

Monday, November 7, 2005

A plan to increase Maine's R&D activity to $1 billion by 2010 was revealed last week by the Department of Economic and Community Development's (DECD) Office of Innovation and the Maine Science and Technology Council (MSTAC). The level of R&D activity in Maine currently stands at $430 million.

  • Read more about Maine to Increase R&D Activity to $1B by 2010

Federal Reserve Papers Focus on TBED

Monday, November 7, 2005

Four recently published papers from the Federal Reserve Banks of Philadelphia, San Francisco and Chicago center around TBED issues including the role of cities in the 21st Century, the biotechnology industry in the Midwest, state R&D tax credits, and R&D spending during recessions. Links to these papers and more than 1,000 additional TBED-related research reports, strategic plans and o

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Wisconsin Manufacturers Face Opportunities, Challenges

Monday, November 7, 2005

Wisconsin manufacturers must adapt to a fast-changing world in order to grow and succeed in the 21st century. That is the thrust of a recent study of the state’s industrial economy recently released by the Wisconsin Manufacturing Extension Partnership (WMEP).

  • Read more about Wisconsin Manufacturers Face Opportunities, Challenges

Indiana Governor Signs Budget Bill to Energize State's Economy

Friday, May 2, 2003

During a legislative season that was marked by heated discussions in most statehouses on what to cut or save, Indiana is one of a handful of states so far that focused considerable debate on planting the seeds for a stronger future through technology-based economic development.

  • Read more about Indiana Governor Signs Budget Bill to Energize State's Economy

Maine Voters to Consider $60M Bond, Most Targeting TBED

Friday, May 2, 2003

Maine Governor John Baldacci got nearly everything he wanted in a bond proposal to encourage technology-based economic development (TBED). The Maine legislature shaved $10 million from the Governor's original request before passing the bond on to Maine voters for consideration at a special referendum June 10. The bond proposal includes:

  • Read more about Maine Voters to Consider $60M Bond, Most Targeting TBED

HUD 'SuperNOFA' Offers Funding for TBED

Friday, May 2, 2003

The Department of Housing and Urban Development (HUD) has notified its partners more than $2.3 billion is available in the FY 2003 SuperNOFA (Notification of Funding Availability), including 43 separate funding opportunities for local units of government and nonprofit faith-based and community organizations.

  • Read more about HUD 'SuperNOFA' Offers Funding for TBED

Venture-backed Women-led Enterprises Perform Well, Springboard Survey Shows

Friday, May 2, 2003

Venture-backed women-led enterprises are moving well beyond start-up stages of corporate formation to revenue generation, and almost 20 percent report profitability, according to Springboard Enterprises, whose program for women entrepreneurs has helped raise $1.76 billion in equity capital for women-led companies.

  • Read more about Venture-backed Women-led Enterprises Perform Well, Springboard Survey Shows

Virginia Alliance Sees First Fruits of 2002 Strategic Plan

Friday, May 2, 2003

A strategic plan issued in 2002 by the Fifth Planning District Regional Alliance in Virginia may officially have completed the first phase when the Alliance recently awarded $273,342 in grants and earmarked funds.

  • Read more about Virginia Alliance Sees First Fruits of 2002 Strategic Plan

People

Friday, May 2, 2003

Gov. Bill Richardson has appointed his chief of staff, David Harris, to serve as executive director of the New Mexico Finance Authority.

Idaho Falls businessman LaMoyne Hyde was appointed by Gov. Dirk Kempthorne to serve as Director of the Idaho Department of Commerce.

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People

Friday, May 2, 2003

Gov. Bill Richardson has appointed his chief of staff, David Harris, to serve as executive director of the New Mexico Finance Authority.

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People

Friday, May 2, 2003

Idaho Falls businessman LaMoyne Hyde was appointed by Gov. Dirk Kempthorne to serve as Director of the Idaho Department of Commerce.

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People

Friday, May 2, 2003

Gov. James McGreevey recently appointed Alfred Koeppe as the new Chairman of the Economic Development Authority of New Jersey.

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People

Friday, May 2, 2003

Frank Shafroth has left his position as lobbyist for the National Governors' Association.

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Recent news from the SSTI Digest

Recent Research: What makes place-based economic development policies work?

Wednesday, September 9, 2026
Place-based economic development is back near the center of federal policy, from Opportunity Zones to the CHIPS and Science Act. That renewed attention comes with a familiar problem: decades of enterprise zones, tax incentives, infrastructure investments, and other geographically targeted programs have produced results that are hard to summarize cleanly. In a new NBER working paper, Matthew Freedman and David Neumark ask the better question: not simply whether or not these policies work, but under what conditions they might work, for whom, and why. Their review points to a practical conclusion: policy design matters and targeting a distressed community with development-focused financial incentives is rarely enough on its own.
economic development

A BBBRC grant builds momentum for a highly trained semiconductor workforce

Wednesday, September 9, 2026
For the civic leaders of Osceola County, the Great Recession of 2008 made clear that they could not base their economy so heavily on travel and tourism. By the time COVID-19 hit in 2020, they knew the steps they had taken to diversify their economy were the right ones. When the Build Back Better Regional Challenge (BBBRC) opportunity arose in 2021, the county and its partners were well-positioned to operationalize the benefits the grant presented to the region and create a trained workforce for a recently attracted semiconductor industry. How did Osceola County get here? There are potential approaches to emulate by more areas of the county dependent on low-wage sectors like tourism or, for that matter, extraction-focused regions subject to “boom and bust.” 
semiconductors
workforce

The impact of tax incentives on early-stage company investment varies

Wednesday, September 9, 2026
One persistent question in economic development policy is how incentives impact private sector investment decisions. Recent and ongoing research from Murillo Campello and Guilherme Junqueira of the University of Florida, published in the National Bureau of Economic Research working paper series, explores the impact of the Qualified Small Business Stock (QSBS) program on venture capital risk-taking. The researchers found that the availability of QSBS tax benefits strongly influences venture capital investment behavior, specifically in traditionally structured venture capital funds. They also found no similar behavior among angel or corporate investors, an insight that may hold important program design and policy lessons for the TBED community. 
tax incentives
investing
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