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.
The SSTI Weekly Digest and Funding Supplement will not be published next week as the office will be closed during SSTI's 6th Annual Conference, Building Tech-based Economies: From Policies to Practice on October 1-3.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.
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.
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:
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.
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.
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.
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.
Washington Gov. Christine Gregoire last week signed a bill creating the Life Sciences Discovery Fund (see the Feb. 7 issue of the Digest).
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.
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.
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.
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.
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.
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.
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."
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.
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?
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.
"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.
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.
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.
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.
Are you looking for funding for high-risk research? The Advanced Technology Program (ATP), part of the National Institute of Standards and Technology, bridges the gap between the research lab and the marketplace stimulating prosperity through innovation. ATP’s mission is to accelerate the development of innovative technologies through partnerships with the private sector.
Do you have a great idea for a new industrial product or process that can help save energy, reduce emissions, and/or provide clean manufacturing? If so, then you will want to look to the Department of Energy's Office of Energy Efficiency and Renewable Energy for possible financing. Several programs provide finance solutions through grants and seed money to help companies get energy ideas off the ground.