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$42.5 Million Technology Opportunities Program RFP Opens

Friday, January 12, 2001

The National Telecommunications and Information Administration is now accepting applications for funding through the Technology Opportunities Program (TOP). The purpose of the matching grants is to extend the benefits of advanced telecommunications technologies to all Americans, especially those in inaccessible, rural, and under-served urban communities. Entities eligible to apply include state, local, and tribal governments, colleges and universities, and non-profit entities.

  • Read more about $42.5 Million Technology Opportunities Program RFP Opens

ICT Leaders Issue Call for Action

Friday, January 9, 2004

The Computer Systems Policy Project (CSPP), an information and communications technology (ICT) advocacy organization comprised of the industry's top chief executive officers, issued a report this week calling for a more activist federal government for encouraging innovation, entrepreneurship and education in the sciences and math.

  • Read more about ICT Leaders Issue Call for Action

CCF Innovations Receives $5 Million for Tech Transfer

Friday, January 9, 2004

In what may be the first gift of its kind, a $5 million cash donation has been made to a technology transfer office to endow the commercialization of new health technologies. The Cleveland Clinic announced receipt of the donation from John Ferchill, a Northeast Ohio real estate developer, in mid-December.

  • Read more about CCF Innovations Receives $5 Million for Tech Transfer

Arizona Governor Receives Tech-based ED Recommendations

Friday, January 9, 2004

In 2003, Arizona Governor Janet Napolitano charged the Governor's Council on Innovation and Technology with developing specific recommendations to help diversify the state's economy. With recommendations including new and expanded tax credits, public-private venture capital, angel capital funds, workforce development and internship programs, and lobbying Washington for more funding, the governor now must find a way to finance the plan in a tight fiscal environment.

  • Read more about Arizona Governor Receives Tech-based ED Recommendations

NCSC Profiles Leaders for Rural Entrepreneurship

Friday, January 9, 2004

The impacts of globalization and free trade can make the task of building a vibrant local economy daunting. Given the transformation of agriculture from family farms to mega-corps and factory animal facilities, the cards seem doubly stacked against America's smallest communities — those rural towns and counties with fewer than 10,000 residents.

  • Read more about NCSC Profiles Leaders for Rural Entrepreneurship

An SSTI Editorial: For the New Year, Something Has to Change. Perhaps You.

Friday, January 9, 2004

Diffusion of effort can be a great thing in fostering local or regional economic development because there are so many fronts on which the battle must be fought: workforce; business retention and recruitment; entrepreneurship; infrastructure; investing; and, science and technology addressing the needs of different sectors such as manufacturing, retail, service, financial or information technology.

  • Read more about An SSTI Editorial: For the New Year, Something Has to Change. Perhaps You.

University R&D, Tech Big Winners in Competing NY Proposals

Friday, January 5, 2001

Whether it is proposal A, proposal B, or some combination of A and B, university research and development efforts in New York stand to gain an additional $40-50 million per year for the next five years. The new funding would be in addition to the $135 million injection of state funding directed toward university research excellence through the New York State Office of Science, Technology and Academic Research (NYSTAR).

  • Read more about University R&D, Tech Big Winners in Competing NY Proposals

South Dakota Creates Technology Council; Proposes Scholarships

Friday, January 5, 2001

In December, Governor Bill Janklow created the South Dakota Math, Science and Technology Council to encourage more interest in math, science, and technology at all levels of education. The council's duties include: identifying major opportunities for coordinating math, science, technology and research efforts; promoting coordination of public and private initiatives in those areas; pursuing federal and private funding; and, identifying ways to create jobs in South Dakota in those areas.

  • Read more about South Dakota Creates Technology Council; Proposes Scholarships

NASA Announces SBIR Selections for 2000

Friday, January 5, 2001

NASA has selected 280 research proposals across 37 states for negotiation of Phase I contract awards for its 2000 Small Business Innovation Research (SBIR) Program. The total value of the awards is expected to be more than $19 million, $1 million less than a year ago. The space agency made 290 awards in the 1999 solicitation cycle.



  • Read more about NASA Announces SBIR Selections for 2000

Erie Receives $30 Million for ED Center

Friday, January 5, 2001

An increasingly recognized and critical component of building a tech-based economy is the integration of university or college research and training capabilities into the local economic development strategy. While considerable attention is paid to the regional impact of large research institutions, not every community is home to an MIT, University of Texas, or Stanford.



  • Read more about Erie Receives $30 Million for ED Center

Tech-Talkin’ Governors: The State of the State and Budget Addresses

Friday, January 5, 2001

Editor’s Note: During the next few weeks, nearly every Governor will present a State of the State and/or budget address outlining new initiatives or priorities for the upcoming year. In the past, SSTI has compiled excerpts relevant to tech-based economic development for publication. This year we will highlight significant proposals in the SSTI Weekly Digest and provide links to the actual speech, related background, press releases, etc.

  • Read more about Tech-Talkin’ Governors: The State of the State and Budget Addresses

Recent NSF Reports and Statistics

Friday, January 5, 2001

During the past few weeks, the National Science Foundation has released more than a dozen reports, issue briefs, and early release statistical tables of potential interest to the S&T community. Due to limited space in this week's Digest, we are offering brief descriptions and links for more information.



Federal Funds for Research and Development: Detailed Historical Tables: Fiscal Years 1951-2000 [nsf01308]

  • Read more about Recent NSF Reports and Statistics

People

Friday, January 5, 2001

Jane Patterson leaves the North Carolina Governor's Office this week to become the Director of the Rural Internet Access Authority, a new state authority.



The NASVF Net News reports Alexa Heffernan has been named Executive Director of the Iowa Business Council. Myrt Levin retired in December.

  • Read more about People

People

Friday, January 5, 2001

Jane Patterson leaves the North Carolina Governor's Office this week to become the Director of the Rural Internet Access Authority, a new state authority.

  • Read more about People

People

Friday, January 5, 2001

The NASVF Net News reports Alexa Heffernan has been named Executive Director of the Iowa Business Council. Myrt Levin retired in December.

  • Read more about People

2001 S&T Calendar Filling Up

Friday, January 5, 2001

On the SSTI Calendar of Events webpage, we present brief descriptions and contact links for more than 100 regional or national conferences, meetings, and workshops planned for the coming year. The list ranges from workshops on how to secure federal technology funding for programs such as the Advanced Technology Program to venture capital forums to annual meetings for most of the associations involved with tech-based economic development.

  • Read more about 2001 S&T Calendar Filling Up

New Markets Initiatives Pass

Friday, December 22, 2000

On its final day of work, the 106th Congress passed two new programs to encourage community development and reinvestment: the New Markets Tax Credit and the New Markets Venture Capital Program.



  • Read more about New Markets Initiatives Pass

States Prepare for Tighter Budgets

Friday, December 22, 2000

Several years of record growth in tax revenues are apparently over for many states, according to Fiscal Survey of the States, released jointly by the National Governors’ Association and the National Association of State Budget Officers on Monday.



  • Read more about States Prepare for Tighter Budgets

Colorado Exploring Incentives for Math and Science Teachers

Friday, December 22, 2000

Colorado leaders want to encourage more college students to go into science and teaching and two recent proposals, coming from Governor Bill Owens and the state's Commission on Higher Education, are designed to do just that.

  • Read more about Colorado Exploring Incentives for Math and Science Teachers

USDA Offers $18 Million for Rural ED

Friday, December 22, 2000

Funding totaling $18 million is available during FY2001 through the U.S. Department of Agriculture to assist in economic development projects in rural areas. The Rural Economic Development Grants program has $3 million available, while the Rural Economic Development Loans program has $15 million.

  • Read more about USDA Offers $18 Million for Rural ED

DOEd Previews SBIR Topics

Friday, December 22, 2000

The Department of Education has announced its FY 2001 Small Business Innovation Research (SBIR) program solicitation topics. The Phase I solicitation release date is Jan. 26, 2001 with a closing date of April 19, 2001. The agency also will be increasing Phase I award levels this year to $60,000.

  • Read more about DOEd Previews SBIR Topics

New Jersey Launches $40 Million VC Partnership

Friday, December 15, 2000

After discovering that only 10 percent of the venture capital raised in New Jersey is invested in New Jersey companies, a new venture fund has been established combining private, state, and federal resources. The seed investment fund will be used to assist New Jersey start-up technology businesses get off the ground.



  • Read more about New Jersey Launches $40 Million VC Partnership

Technology/Economic Summits Yielding Results

Friday, December 15, 2000

What can policymakers and practitioners do if the statistics and other metrics indicate a state, region or locality is not well positioned for the technology-based economy, but the elected leaders and economic development professionals are plodding along with traditional approaches to job creation and development?

  • Read more about Technology/Economic Summits Yielding Results

Group Recommends Measure to Improve Minnesota Economy

Friday, December 15, 2000

Following on the Summit on Minnesota’s Economy, a 21-member group appointed by the president of the University of Minnesota has unveiled its recommendations to strengthen the state’s economy. The recommendations in Report to the People of Minnesota: Building a Knowledge Economy for Minnesota’s 21st Century are divided among five strategies:



Recommendations in the new report are divided among five strategies:

  • Read more about Group Recommends Measure to Improve Minnesota Economy

Western Virginia Explores Its Future

Friday, December 15, 2000

Western Virginia’s economy is stagnant due to a variety of factors and must get in line with the “New Economy” according to a report commissioned by the Center for Innovative Leadership in Roanoke. A second study by the Center revealed the area's residents appear willing to support activities designed to bring new business and employment to the region.



  • Read more about Western Virginia Explores Its Future

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Recent news from the SSTI Digest

Differences in industry concentrations of VDO and VC investments

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Data reveal that policymakers should not equate strong Venture Development Organizations (VDOs) with private venture capital companies; the purpose of creating public policy to increase the availability of innovation-centered risk capital can be lost if one presumes VCs and VDOs are the same. While there are many similarities between individual VDOs and VC funds, important differences in industry concentration emerge when the two groups are compared in aggregate, which may result in different long-term economic impacts.  Effective VDOs are important drivers of regional innovation and of pushing emerging tech businesses forward. VC, on the other hand, can play an extractive role, particularly in markets with scarce equity finance options.
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