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NSF Awards $92.5M for Five New Engineering Research Centers

Wednesday, October 22, 2008

The National Science Foundation (NSF) announced earlier this month the establishment of five new university-based centers developing interdisciplinary research and education programs in partnership with industry in the areas of biorenewable chemicals, green energy systems, communications networks, medical implants and smart lighting.

  • Read more about NSF Awards $92.5M for Five New Engineering Research Centers

SSTI Job Corner

Wednesday, October 22, 2008

Complete descriptions of these opportunities and others are available at http://www.ssti.org/posting.htm.

  • Read more about SSTI Job Corner

Election Preview: Voters to Decide on Statewide TBED Issues

Wednesday, October 29, 2008

While the Presidential election takes center stage on November 4, voters in several states also will cast their votes on statewide ballot issues affecting the TBED community. In addition to the 11 gubernatorial races and more than 5,800 state legislative seats up for grabs, voters across the nation will consider measures to provide funding for public education, expand investment in alternative and renewable energy, lift restrictions on stem-cell research, and eliminate income tax and state spending caps.

  • Read more about Election Preview: Voters to Decide on Statewide TBED Issues

Useful Stats: Funding Provided by NIH Grants per State, 2002-2006

Wednesday, October 29, 2008

In the 2002 report Signs of Life: The Growth of Biotechnology Centers in the U.S., Joseph Cortright and Heike Mayer suggested it would take more than a decade for biotech investment strategies to yield fruit  - as measured by NIH funding and biocommercialization efforts.

  • Read more about Useful Stats: Funding Provided by NIH Grants per State, 2002-2006

TBED People

Wednesday, October 29, 2008

Southern Growth hired Ted Abernathy, Jr., former Executive Vice President & COO of the Research Triangle Regional Partnership, to serve as its Executive Director, filling the vacancy created by Jim Clinton's resignation in September.

  • Read more about TBED People

Federal TBED Funding and Programs Could Expand under Obama Administration

Wednesday, November 5, 2008

After two years of campaigning, President-elect Barack Obama has begun shaping the agenda for his coming administration. Though nothing is certain at this point, throughout his campaign, President-elect Obama reiterated his support for TBED-related initiatives and plans to increase funding for research and innovation.

  • Read more about Federal TBED Funding and Programs Could Expand under Obama Administration

Several Statewide TBED Issues Win Voter Approval

Wednesday, November 5, 2008

The outcome of Tuesday's election resulted in several wins and some defeats for TBED among the more than 150 ballot measures presented to voters across the nation. Outlined below are the unofficial election results of select ballot measures from each state's respective election office and local media reports as of Wednesday, Nov. 5.

  • Read more about Several Statewide TBED Issues Win Voter Approval

Elected Governors Stress Importance of TBED and Economic Development

Wednesday, November 5, 2008

Eleven gubernatorial elections were held across the U.S. on Tuesday, resulting in the selection of three new governors - with TBED initiatives spread throughout their campaigns' messages.

  • Read more about Elected Governors Stress Importance of TBED and Economic Development

Dems Pick up Five State Legislative Chambers; GOP Picks up Four

Wednesday, November 5, 2008

Democrats took control of five legislative chambers in Tuesday's elections: Delaware House, Nevada Senate, New York Senate, Ohio House, and Wisconsin Assembly.

  • Read more about Dems Pick up Five State Legislative Chambers; GOP Picks up Four

Venture Funding Remains Strong in Third Quarter Despite Ominous Signs

Wednesday, November 12, 2008

Venture capitalists invested $7.1 billion in companies during the third quarter of 2008, according to the latest Moneytree survey from PricewaterhouseCoopers and the National Venture Capital Association (NVCA). Though this figure represents a nine percent decline from the same period last year, investment levels still show little evidence of the current drought in venture-backed exits.

  • Read more about Venture Funding Remains Strong in Third Quarter Despite Ominous Signs

Universities Perform more than One-Third of Canadian R&D, Thirteen Percent of U.S. R&D

Wednesday, November 12, 2008

Universities in Canada are a major component of the country's science and technology ecosystem, and as gauged by funding, they performed 36 percent of Canada's R&D activities in 2007. In the U.S. comparatively, universities accounted for 13 percent of the R&D performed in the country.

  • Read more about Universities Perform more than One-Third of Canadian R&D, Thirteen Percent of U.S. R&D

Useful Stats: R&D Performed by Industry within U.S., Per State, 2002-2006

Wednesday, November 12, 2008

SSTI has prepared a table displaying the amount of funding companies spent on R&D in each state from 2002 to 2006, the state's rank in 2006, the percent change over this five-year period, and the rank of that percent change. For the U.S.

  • Read more about Useful Stats: R&D Performed by Industry within U.S., Per State, 2002-2006

Arkansas Task Force Recommends State Investments in Tech Companies, Co-locating Economic Development Agencies

Wednesday, November 19, 2008

To attract and grow high technology businesses and streamline its economic development efforts, a task force created in 2007 to study economic competitiveness in Arkansas recommends the state remove its constitutional prohibition on state equity investments in priva

  • Read more about Arkansas Task Force Recommends State Investments in Tech Companies, Co-locating Economic Development Agencies

Governor Proposes $20.5M in Lottery Funds for Continuing Oregon Innovation Efforts

Wednesday, December 3, 2008

Gov. Ted Kulongoski unveiled his fiscal year 2009-11 recommended budget this week, highlighting the need for targeted investments in nanoscience, manufacturing, and renewable energy research based on recommendations developed by the Oregon Innovation Council.

  • Read more about Governor Proposes $20.5M in Lottery Funds for Continuing Oregon Innovation Efforts

SSTI's TBED Hall of Success goes LIVE!

Wednesday, December 3, 2008

Due to overwhelming interest, SSTI's first poster session, held at SSTI's 12th Annual Conference in Cleveland mid October, is now available online 24 hours a day - 7 days a week. You can view more than 35 posters celebrating why states, regions, universities and related organizations engage in technology-based economic development (TBED).

  • Read more about SSTI's TBED Hall of Success goes LIVE!

Annual Economic Impact of Biotechnology Exceeds $45 Billion in North Carolina

Wednesday, December 3, 2008

North Carolina's $1.2 billion dollar investment in bioscience over the past decade has helped to build a $45 billion dollar a year industry in the state, according to a new study released by the North Carolina Biotechnology Center. The report finds that North Carolina's bioscience employment numbers have grown 18.5 percent since 2001, the fastest in the nation.

  • Read more about Annual Economic Impact of Biotechnology Exceeds $45 Billion in North Carolina

Maryland Plan Calls for $72M Investment in STEM Workforce, R&D Infrastructure

Wednesday, August 26, 2009

To establish Maryland as a global leader in science, technology, engineering and mathematics (STEM) workforce and STEM-based R&D infrastructure, a task force convened last year by Gov. Martin O'Malley urges the state to adopt a set of initiatives to reach higher performance standards in teaching and learning in addition to greater productivity in transforming the state's high volume of R&D activity into economic growth and job creation.

  • Read more about Maryland Plan Calls for $72M Investment in STEM Workforce, R&D Infrastructure

Montana Offers $2.5 Million to Enhance Bio-Medical Research Collaborations

Wednesday, September 2, 2009

The Montana Department of Commerce has announced that it will provide $2.5 million in grants to support bio-medical research. Montana-based, private nonprofit research institutions are eligible to apply for the funding, which may be used to expand, renovate and purchase equipment for biomedical research. The grants also may be used to expand infrastructure that will enhance scientific collaborations within the Montana University System.

  • Read more about Montana Offers $2.5 Million to Enhance Bio-Medical Research Collaborations

Aggressive R&D Tax Credits by Other Countries Put the U.S. Near Bottom of the Pack

Wednesday, September 2, 2009

In 2008, the U.S. ranked 17th in R&D tax generosity out of the 21 OECD countries that offered some form of R&D tax credits to businesses, according to a recent brief put out by the Information Technology & Innovation Foundation (ITIF). In U.S. Continues to Tread Water in Global R&D Tax Incentives, authors Rob Atkinson and Scott Andes state even though the U.S.

  • Read more about Aggressive R&D Tax Credits by Other Countries Put the U.S. Near Bottom of the Pack

Colorado Jobs Plan Engages Employers to Improve Workforce Quality

Wednesday, September 2, 2009

Outlining his Colorado Promise three years ago as a newly-elected governor, Gov. Bill Ritter envisioned an economy that supports high-wage jobs and offers an environment for businesses to expand and thrive. Educational programs would be synched with industry needs to produce a skilled workforce, workers would be trained in the high-demand fields relevant to each of the state's diverse regions, and enough businesses would be operating to employ them.

  • Read more about Colorado Jobs Plan Engages Employers to Improve Workforce Quality

Patents Issued per 100,000 Employees by State, FY 2004-2009

Friday, August 27, 2010

U.S. patent activity increased in 2009, after two years of reduced activity, according to statistics from the U.S. Patent and Trademark Office (USPTO). U.S. applicants were awarded 95,037 patents in 2009, up from 92,001 in 2008. Last year marked a return to the patenting levels of the early part of the decade, though in 2006 the country had hit an anomalous all-time high with 102,267 patents.

  • Read more about Patents Issued per 100,000 Employees by State, FY 2004-2009

New Crop of Governors Plan Changes for TBED

Wednesday, November 3, 2010

This week 37 states held gubernatorial elections. In many states, technology-based economic development took on a central role in the campaign as candidates put forth their ideas on how to create jobs in a difficult economy. SSTI has collected some highlights from proposals put forth by new governors-elect that address topics related to TBED.California

  • Read more about New Crop of Governors Plan Changes for TBED

Research Parks RoundUp

Wednesday, November 3, 2010

Often credited with contributing significant revenue to states' economies, research parks also house facilities for workforce training and provide resources for tech-based industries, which is especially important as the nation's employment begins to pick up steam. In West Virginia, officials are building a $15 million advanced technology-training center at the state-owned research and technology park, and in Utah, officials recently broke ground on a building that will house engineers and analysts working on the nation's Intercontinental Ballistic Missile program.

  • Read more about Research Parks RoundUp

Main Street Calls for Technology-based Economic Development, Report Indicates

Wednesday, November 10, 2010

Southerners voiced that focusing on innovation and technology-based business operations, supporting entrepreneurship, identifying community asset, developing skilled workforce and increasing community involvement in economic development strategies are vital for the South to recover from the current economic downtown according to a recent report — The Road to Recovery is Named Main Street — from the Southern Growth Policies Board. The report was assembled using comments of over 2,300 citizens from communities across the south.

  • Read more about Main Street Calls for Technology-based Economic Development, Report Indicates

American Society of Artificial Internal Organs and the New Ventures Forum

Wednesday, November 17, 2010

ASAIO, the oldest society in the world focusing on medical devices, is seeking device developers who are early in development (pre-seed/seed stage funding) to submit abstracts to the New Ventures Forum (NVF). The NVF is based on a partnership between ASAIO and students from MIT Sloan School of Business that seeks to provide a forum for the presentation of next generation medical devices and a robust discussion of the commercialization challenges these technologies may encounter.

  • Read more about American Society of Artificial Internal Organs and the New Ventures Forum

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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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