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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

European Commission Wants R&D at 3% of GDP by 2010

Friday, September 13, 2002

Earlier this week, the European Commission presented its strategy to respond to the March 2002 Barcelona European Council's call to raise research spending to 3 percent of the European Union's (EU) average Gross Domestic Product (GDP) by 2010. Today, Europe is at 1.9 percent on average across the member countries.

  • Read more about European Commission Wants R&D at 3% of GDP by 2010

TBED Projects Among USDA Opportunity Grants

Friday, September 13, 2002

Last week, Agriculture Secretary Ann M. Veneman announced the selection of 29 economic development projects to receive more than $3.1 million. Funding provided through USDA Rural Development's business opportunity grants and economic development loan and grant programs will assist over 455 businesses and create or save nearly 3,000 jobs, according to the grant proposals.

  • Read more about TBED Projects Among USDA Opportunity Grants

Arizona Technology Council Formed

Friday, September 13, 2002

The new Arizona Technology Council (ATC) has announced its vision and mission as a non-profit association committed to growing member companies and the technology industry in Central and Northern Arizona.

  • Read more about Arizona Technology Council Formed

Measuring TBED Impact and Evaluation

Friday, September 13, 2002

When budgets tighten for state and local governments, as they have in nearly every corner of the country, legislatures and political leaders look for areas to reduce spending. Having a strong documented record of the positive impact of your technology-based economic development efforts and investments can help protect vital programs from the axe.

  • Read more about Measuring TBED Impact and Evaluation

POWER to Stem Brain Drain in Northeastern PA

Friday, September 13, 2002

Many areas of the country are experiencing a brain drain, an outmigration of recent college graduates leading to a decline in the available labor pool of entry level workers, young entrepreneurs and future civic leaders. A new initiative, however, hopes to reverse that trend in Northeastern Pennsylvania by strengthening the social, networking and professional relationships among young skilled workers in the Wilkes-Barre region.

  • Read more about POWER to Stem Brain Drain in Northeastern PA

PCAST Calls for More Balance in Federal R&D Investments

Friday, September 6, 2002

At its August 28th meeting, the President's Council of Advisors on Science and Technology (PCAST) approved sending a letter to President Bush urging him to "improve funding levels for physical sciences and certain areas of engineering" as the Administration prepares the FY 2004 federal budget request. The letter also encourages the federal government to establish a graduate fellowship program to attract more students into critical fields of science and engineering.

  • Read more about PCAST Calls for More Balance in Federal R&D Investments

Maryland Biotech Origins Outlined in TEDCO, DBED Study

Friday, September 6, 2002

Maryland Lieutenant Governor Kathleen Townsend recently announced the release of Founders of Maryland Bioscience and Medical Instrument Companies, a report on the career pathways taken by founders of biotechnology companies in Maryland.

  • Read more about Maryland Biotech Origins Outlined in TEDCO, DBED Study

EDA Gives ACET $6.44M Grant

Friday, September 6, 2002

U.S. Commerce Secretary Don Evans has awarded a $6.44 million grant, the largest-ever economic development grant given by the Bush Administration, to Advancing California’s Emerging Technologies (ACET) to expand the Oakland Alameda Bio Tech Incubator to a 40,000-square-foot, state-of-the-art laboratory.

  • Read more about EDA Gives ACET $6.44M Grant

Milken Assesses Manufacturing's Impact for California

Friday, September 6, 2002

Manufacturing is a robust driver of California's economy according to a Manufacturing Matters: California's Performance and Prospects, a new report prepared by the Milken Institute. The analysis was prepared for the California Manufacturing and Technology Association.

  • Read more about Milken Assesses Manufacturing's Impact for California

Summer Opportunities Lure Students Toward Tech Careers

Friday, September 6, 2002

Many efforts to encourage young Americans to pursue careers in science, engineering and manufacturing took advantage of students having the summer off from regular classes. Programs range from one-week science camps to season-long internships and cooperative workstudies. To help other communities begin planning for the end of the 2003 school year, SSTI highlights a few examples from this past summer in this article.

  • Read more about Summer Opportunities Lure Students Toward Tech Careers

Southern Innovation Index Tracks Innovation, Entrepreneurship in South

Friday, August 30, 2002

The Southern Innovation Index, a strategic plan created with the governments of 13 Southern states and Puerto Rico to promote innovation, entrepreneurship and economic growth in the South, has been released by the Southern Growth Policies Board, a bipartisan public policy group based in Research Triangle Park, North Carolina.

  • Read more about Southern Innovation Index Tracks Innovation, Entrepreneurship in South

Biggest TBED Event Still Growing — Early Deadline Looms

Friday, August 30, 2002

The amount of time a technology-based economic development (TBED) professional can spend out of the office for professional development is limited. So are travel funds. That's why SSTI packs so much into its annual conference — already the largest event in the country dedicated to improving state, local and regional TBED efforts.

  • Read more about Biggest TBED Event Still Growing — Early Deadline Looms

Computer Science, Engineering Subject of CRA Survey

Friday, August 30, 2002

Enrollment in graduate-level computer science and computer engineering (CS&CE) programs continued to grow in 2000-01 as the number of new undergraduates majoring in CS&CE declined, according to a survey released earlier this year by the Computing Research Association (CRA).

  • Read more about Computer Science, Engineering Subject of CRA Survey

North Carolina Launches $85 Million Biotech Initiative

Friday, August 23, 2002

Golden LEAF, the statewide foundation established in 1999 to use one-half of the state's tobacco settlement for the long-term economic advancement of North Carolina, has announced an $85.4 million economic stimulus package it believes will significantly improve North Carolina's economy and make the state a leader in the biosciences industry. Foundation officials anticipate the public investment stimulating at least $350 million in new private and federal funding biotech activity in the state.

  • Read more about North Carolina Launches $85 Million Biotech Initiative

Majority of Cities Foresee Bleak Fiscal Future

Friday, August 23, 2002

Cities predict a stressful future for their budgets, which have been hurt by the economic downturn and the surge in local homeland security spending, according to the annual survey of city finance officers conducted by the National League of Cities (NLC).

  • Read more about Majority of Cities Foresee Bleak Fiscal Future

GPF, Science Center Team Up to Help Entrepreneurs

Friday, August 23, 2002

Greater Philadelphia First (GPF) and the Science Center, a consortium of 34 regional academic and scientific institutions, have established a major new joint initiative designed to make it easier for science and technology entrepreneurs to start, grow and expand their businesses. Modeled on UCSD CONNECT in San Diego, CONNECT Greater Philadelphia will assist entrepreneurs by linking them with needed business, academic and other resources.

  • Read more about GPF, Science Center Team Up to Help Entrepreneurs

NCOE Issues Guide for Creating Jobs, Stronger Local Economies

Friday, August 23, 2002

With heightened public interest in the state of the economy, the National Commission on Entrepreneurship (NCOE) has released Entrepreneurship: A Candidate’s Guide — Creating Good Jobs in Your Community, a first-of-its-kind publication on how policymakers can help stimulate the creation and growth of new businesses in their local areas.

  • Read more about NCOE Issues Guide for Creating Jobs, Stronger Local Economies

More Private R&D Crucial for Canada's Atlantic Region, Report Warns

Friday, August 23, 2002

Whether it's oil, gas, mining, lumber, fishing or farming, economies dominated by natural resource exploitation are subject to periods of boom and bust. In order for the four provinces of Canada's Atlantic region to shield themselves from such market swings and scarcity problems, it is necessary to build R&D partnerships and to collaborate more than ever, concludes a report released by Dr. Alan Cornford of GPT Management Ltd., Marin Consultants, Inc. and Gardner Pinfold Consultants Ltd.

  • Read more about More Private R&D Crucial for Canada's Atlantic Region, Report Warns

Report Shows Indiana Financial Aid Program Helps Low-Income Students Attend College

Friday, August 23, 2002

Most technology-based economic development programs recognize the need to have more people in their states or communities who have received bachelor degrees or higher. Bringing low-income populations into a knowledge-based economy is particularly difficult because of the two significant obstacles low-income students face for college access: insufficient financial aid and inadequate academic preparation.

  • Read more about Report Shows Indiana Financial Aid Program Helps Low-Income Students Attend College

H-1B Visas Halved So Far in 2002

Friday, August 16, 2002

The number of tech workers immigrating to the U.S. for jobs in the IT industry are down more than 50 percent compared to a year ago, according to figures released by the Immigration and Naturalization Service (INS) this week. With hundreds of dot-com closures and tens of thousands of layoffs in the information and communication technology industries, the drop was expected by many analysts.

  • Read more about H-1B Visas Halved So Far in 2002

Growing a Bio-based Economy

Friday, August 16, 2002

Recognizing the potential economic impact of biotech, nearly every state, most colleges and dozens of communities are developing programs to build bio-based economies. Everyone wants a piece of what may be the guiding field for industrial transformation over the next several decades. Is there enough bio for everyone? What strategies work for building bio-based economies? What approaches are states and localities taking, and what's working?

  • Read more about Growing a Bio-based Economy

Senate Small Business Committee Want FAST, ROP Funded

Friday, March 21, 2003

U.S. Senator Olympia J. Snowe (R-Maine), Chair of the Senate Committee on Small Business and Entrepreneurship, has called on the Senate’s top appropriators to help reverse budget elimination of two key programs designed to strengthen the technological competitiveness of small businesses.

  • Read more about Senate Small Business Committee Want FAST, ROP Funded

Senators Want $3B for Rural VC as Part of New Homestead Act

Friday, March 21, 2003

A bi-partisan group of Senators have cosponsored the "New Homestead Economic Opportunity Act" to help renew the promise of the original Homestead Act to attract new residents and businesses to rural areas suffering from high out-migration. Introduced by Senator Bryon Dorgan (D-ND) and Chuck Hagel (R-NE) this week, the bill provides incentive tools including a $3 billion venture capital fund.

  • Read more about Senators Want $3B for Rural VC as Part of New Homestead Act

Top 10 Universities for 2002 Patents Identified

Friday, March 21, 2003

The United States Patent and Trademark Office has posted a preliminary list of the 10 U.S. universities receiving the most patents for inventions during calendar year 2002. The University of California tops the list for the ninth consecutive year. The table below also presents the school's 2001 ranking and total. 

  • Read more about Top 10 Universities for 2002 Patents Identified

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Recent news from the SSTI Digest

Recent Research: How can states ensure effectiveness of R&D incentives?

Thursday, January 8, 2026

State R&D incentive programs such as tax credits are widely used to stimulate innovation, attract investment, and support long-term economic growth. But how do we know which programs truly increase R&D activity rather than simply subsidizing what companies would have done anyway?

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Useful Stats: Higher education R&D expenditures reach $117 billion in FY 2024

Thursday, January 8, 2026

Higher Education R&D expenditures jumped 8%, or nearly $9 billion, from fiscal year (FY) 2023 to 2024, reaching an all-time high of over $117 billion, reveals new Higher Education R&D (HERD) survey data. The funding sources of HERD expenditures remain proportionally unchanged from the prior year, with all sources increasing, and the federal government ($5 billion) and institution funds ($2.5 billion) accounting for the largest dollar increases.

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TBED Works: MTI delivers on economic growth by supporting early-stage companies in targeted sectors

Thursday, January 8, 2026

The Maine Technology Institute’s core mission is to use innovation to spur the development of new products, processes, and companies that strengthen the state’s economy. Finishing its 25th year of operations, MTI solidly illustrates how a sustained, focused yet flexible and creative strategy can deliver this mission. MTI has disbursed $387 million across 4,350 distinct projects throughout Maine since its founding, and that funding has leveraged over $2.2 billion in private sector matching investment. 

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