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Northwest Technology Investor Network Established

Friday, September 27, 2002

A regional partnership of economic development organizations, led by the Department of Energy's Pacific Northwest National Laboratory (PNNL), announced the launch of the Northwest Technology Investor Network last week. The network is an online forum that links investors and entrepreneurs in the high-tech sector.

  • Read more about Northwest Technology Investor Network Established

Stronger TBED Efforts Would Benefit Orange County, Larta Asserts

Friday, September 27, 2002

True technology growth for Orange County hinges on a broader, more supportive infrastructure, argues the latest research report by the Los Angeles Regional Technology Alliance (Larta).

  • Read more about Stronger TBED Efforts Would Benefit Orange County, Larta Asserts

116 Resources for Building Tech-based Economies

Friday, September 27, 2002

From angel capital to university technology commercialization, there are myriad facets to technology-based economic development (TBED). The key to success lies in a solid understanding of your respective element of the field — from grasping the policy issues to developing effective programs and practices to implementing sound evaluation techniques.

  • Read more about 116 Resources for Building Tech-based Economies

No Digest Next Week; SSTI Offices Closed to Attend Annual Conference

Friday, September 27, 2002

The SSTI Weekly Digest and Funding Supplement will not be published next week as the office will be closed during SSTI's 6th Annual Conference, Building Tech-based Economies: From Policies to Practice on October 1-3.

The next issue of the SSTI Weekly Digest will be released on October 11.

  • Read more about No Digest Next Week; SSTI Offices Closed to Attend Annual Conference

Bush Administration Opposes Doubling NSF, Broadening EPSCoR

Friday, September 27, 2002

The Association of American Universities has posted the text of a September 17 letter written by Rita Colwell, Director of the National Science Foundation (NSF), that outlines the Bush Administration's opposition to S. 2817, a bill to double the size of the NSF budget over a five-year period.

  • Read more about Bush Administration Opposes Doubling NSF, Broadening EPSCoR

Virginia Governor's Tech Plan Defines CIT Roles

Friday, September 27, 2002

The future of Virginia's Center for Innovative Technology (CIT) became clearer on Wednesday with Governor Mark Warner's release of Commonwealth of Virginia Strategic Plan for Technology for 2002-2006. CIT has a lead position for half of the eight initiatives outlined in the 129-page document.

Highlights of "One Virginia," CIT's portion of the plan, call for:

  • Read more about Virginia Governor's Tech Plan Defines CIT Roles

TA Outlines Critical Issues for Broadband

Friday, September 27, 2002

Following President Bush's call for the nation to "be aggressive about the deployment of broadband," the Technology Administration within the U.S. Department of Commerce recently issued Understanding Broadband Demand — a 25-page paper examining the state of broadband demand and usage in the U.S. and identifying successes, challenges and actions to promote more aggressive uptake.

  • Read more about TA Outlines Critical Issues for Broadband

California Promotes Stem Cell Research With New Law

Friday, September 27, 2002

Joined by actor Christopher Reeve and several of California's leading biotech researchers, Governor Gray Davis Sunday signed legislation designed to promote stem cell research in California.

  • Read more about California Promotes Stem Cell Research With New Law

Illinois Quadruples Number of Technology Enterprise Corporations

Friday, September 27, 2002

On Thursday, Illinois Governor George Ryan announced nearly $3 million in state grants for eight Illinois Technology Enterprise Corporation (ITEC) centers, quadrupling the number of ITECs. Funded by the Illinois Department of Commerce and Community Affairs (DCCA), the centers assist technology-based start-up businesses and serve as incubators for the new ventures.

  • Read more about Illinois Quadruples Number of Technology Enterprise Corporations

South Dakota Governor Awards $500K for Center to Help Technology Businesses

Friday, September 27, 2002

A $500,000 state grant approved Thursday by South Dakota Governor Bill Janklow will help create a center in Sioux Falls for fledgling technology businesses.

  • Read more about South Dakota Governor Awards $500K for Center to Help Technology Businesses

Washington Creates $350M Life Science Fund

Monday, May 16, 2005

Washington Gov. Christine Gregoire last week signed a bill creating the Life Sciences Discovery Fund (see the Feb. 7 issue of the Digest).

  • Read more about Washington Creates $350M Life Science Fund

The Up and Down of CAPCO Programs

Monday, May 16, 2005

One starts up. Another bites the dust. The Certified Capital Company (CAPCO) Program, a complicated and controversial tool used by some states to encourage venture capital investments, finds its beginnings in one region while seeing its demise in yet another.

  • Read more about The Up and Down of CAPCO Programs

Arizona Angel Capital Tax Credit Passes

Monday, May 16, 2005

Arizona's investment and technology communities are the anticipated winners from the state legislature's recent passage of a tax credit encouraging angel capital investments in start-up Arizona tech firms.

  • Read more about Arizona Angel Capital Tax Credit Passes

Massachusetts Gov. Returns Stem Cell Bill to Legislature

Monday, May 16, 2005

As expected, Massachusetts Gov. Mitt Romney rejected last week Senate Bill 2039, the bill supporting stem cell research. Exercising a power not enjoyed by all governors, Gov. Romney sent the measure back to the legislature with four amendments for consideration, rather than vetoing the measure.

  • Read more about Massachusetts Gov. Returns Stem Cell Bill to Legislature

ConnectKentucky Unveils Maps to Identify Gaps in Broadband Service

Monday, May 16, 2005

Moving forward with the governor's statewide broadband initiative, the ConnectKentucky Steering Committee and Gov. Ernie Fletcher recently unveiled Phase I Maps to illustrate service gaps and to serve as an economic development resource for communities.

  • Read more about ConnectKentucky Unveils Maps to Identify Gaps in Broadband Service

Rhode Island Going Wireless?

Monday, May 16, 2005

While many states are striving to increase broadband availability (see the Kentucky story above, for example), a Providence-based nonprofit released a study this month promoting the feasibility of making Rhode Island the first entirely networked state for broadband wireless.

  • Read more about Rhode Island Going Wireless?

Task Force Created to Attract VC to Southern Region

Monday, May 16, 2005

The South represents 20 percent of the nation's economic activity but attracts only 9 percent of the total U.S. venture capital invested. In an effort to bring those numbers closer together, the Southern Growth Policies Board recently announced the creation of a multi-state task force dubbed VentureSouth. Virginia Gov.

  • Read more about Task Force Created to Attract VC to Southern Region

Parents' Attitudes Toward Higher Ed May Present Barrier to TBED

Monday, May 16, 2005

Sometimes when people are surrounded by others who share backgrounds, beliefs or opinions, they assume everyone thinks that way -- or should. It is one of the negative side effects or symptoms of the phenomenon known as "group think."

  • Read more about Parents' Attitudes Toward Higher Ed May Present Barrier to TBED

Three for Rural America

Monday, May 16, 2005

Encouraging economic growth in rural America is the topic of a recent report, a new $500 million economic development investment program, and an upcoming conference worth further investigation.

  • Read more about Three for Rural America

Useful Stats: State Population Projections Through 2030

Monday, May 16, 2005

A child born in the U.S. today who obtains a master's degree directly after college and high school will have been in the job market for only 1-2 years in 2030. Many people in the tech-based economic development community want that girl or boy to study math, science or engineering. A more basic question, though, is where will that child live as a young adult?

  • Read more about Useful Stats: State Population Projections Through 2030

SSTI 2005 Conference Update

Monday, May 16, 2005

The first conference mailer went to the post office yesterday, but we're too excited to delay announcing that the website for SSTI's 9th Annual Conference is now available to accept registrations and provide preliminary information for the tech-based economic development (TBED) community's premier professional development event of the year. The conference will be held on Oct.

  • Read more about SSTI 2005 Conference Update

Milken Releases California Tech & Science Index

Friday, September 20, 2002

"California must continue to increase funding for science and technology in its university systems or risk losing one of its most important comparative advantages," warns the Milken Institute in the State Technology & Science Index: Comparing and Contrasting California.

  • Read more about Milken Releases California Tech & Science Index

High-Tech Growth In Low Wage Countries: Size and Effect

Friday, September 20, 2002

The relaxation of international trade barriers and increased emphasis on globalization have had significant effects on the world's high-tech manufacturing industry. Two recent papers look at the phenomenon. An Infobrief from the National Science Foundation focuses on the growth of high-tech manufacturing in Latin America and a working paper released by the National Bureau of Economic Research considers the changes in the composition and character of the U.S.

  • Read more about High-Tech Growth In Low Wage Countries: Size and Effect

Biology Majors Need More Than Biology to Succeed

Friday, September 20, 2002

Many states and communities are working to be leading participants in the rapidly growing biotech industries. Investments in academic research facilities and college scholarships to encourage more students to pursue biology and science degrees are among the strategies states are pursuing.

  • Read more about Biology Majors Need More Than Biology to Succeed

Useful Stats: Employed Doctoral Scientists & Engineers by State: 1997-1999

Friday, September 20, 2002

The National Science Foundation recently released the latest edition of Characteristics of Doctoral Scientists and Engineers in the United States, which reports characteristics for 1999. Valuable data is presented in the report on the demographic and employment characteristics of doctoral scientists and engineers in the US.

  • Read more about Useful Stats: Employed Doctoral Scientists & Engineers by State: 1997-1999

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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.
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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.” 
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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
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