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Tech-based ED Prominent in Illinois Governor's '07 Budget Request

Monday, February 20, 2006

Stem cell research, an expanded tax zone redevelopment initiative and faculty/researcher recruitment are all beneficiaries in the fiscal year 2007 budget proposal submitted by Illinois Gov. Rod Blagojevich last week. In addition, while overall funding for the state Department of Commerce and Economic Opportunity (DCEO) is down 16 percent from the FY 2006 appropriation, the governor's request includes several new programs to assist technology entrepreneurship.

  • Read more about Tech-based ED Prominent in Illinois Governor's '07 Budget Request

Connecticut Governor Announces Plans to Reorganize ED Efforts

Monday, February 20, 2006

Connecticut Gov. M. Jodi Rell is using the midterm budget request as the vehicle to substantially overhaul how the state supports the entire economic development process. Connecticut Innovations, one of the nation's oldest state-created equity finance programs for tech businesses, would be consolidated with departments that cover focus areas ranging from health education and housing to traditional economic development financing.

  • Read more about Connecticut Governor Announces Plans to Reorganize ED Efforts

Recent Research: Most States Lack Measurable Goals for Higher Ed

Monday, February 20, 2006

Improving higher education is a top priority in almost every state, but fewer than half of states have set specific, measurable goals to track their progress in enrolling, retaining and graduating students, according to a new report from Jobs for the Future (JFF), By the Numbers: State Goals for Increasing Postsecondary Attainment.

  • Read more about Recent Research: Most States Lack Measurable Goals for Higher Ed

Useful Stats: Top 100 Cities for 2004 NIH Funding

Monday, February 20, 2006

Despite a decrease of $44.6 million in National Institutes of Health (NIH) funding from fiscal year 2003,  Boston held the top spot in total NIH funding for FY 2004, maintaining its lead over New York. The two cities had $1.57 billion and $1.25 billion, respectively.

  • Read more about Useful Stats: Top 100 Cities for 2004 NIH Funding

President Wants Point Person on Manufacturing

Friday, September 5, 2003

President Bush announced on Monday that he has told Commerce Secretary Don Evans that he wants him to appoint an assistant secretary “to focus on the needs of manufacturers, to make sure our manufacturing job base is strong and vibrant.”  The President made the announcement saying, “I understand for a full recovery, to make sure people can find work, that manufacturing must do better...We’ve lost thousands of jobs in manufacturing, some of it because of productivity gains...but some of i

  • Read more about President Wants Point Person on Manufacturing

Senate Committee Restores Funding for MEP

Friday, September 5, 2003

On Thursday, the Senate Appropriations Committee approved $106.6 million for the Manufacturing Extension Partnership (MEP) for FY 2004, according to the Modernization Forum. The Bush Administration had proposed funding MEP at $12.6 million, effectively eliminating the national program.

  • Read more about Senate Committee Restores Funding for MEP

Sneak Peek at SSTI's Annual Conference: The Future of U.S. Manufacturing and What We Do About It

Friday, September 5, 2003

Manufacturers continue to shed thousands of American jobs — at a rate of 80,000 per month over the past three years, according to the New York Times. The realities of globalization are settling in as small and mid-sized manufacturers are hit hard with competition from around the world.

  • Read more about Sneak Peek at SSTI's Annual Conference: The Future of U.S. Manufacturing and What We Do About It

States Cut $2.3B in Aid to Cities, NLC Says

Friday, September 5, 2003

States cut aid to cities and towns by a total of $2.3 billion in the current fiscal year, according to a new report from the National League of Cities (NLC). Comparing 2004 to 2003 figures, the $2.3 billion in state cuts represents a 9.2 percent decline in state revenues for cities.

  • Read more about States Cut $2.3B in Aid to Cities, NLC Says

New Hampshire to Furnish 7th-grade Classrooms with Laptops

Friday, September 5, 2003

In a move to integrate technology and traditional learning, New Hampshire Governor Craig Benson introduced on Tuesday a four-year pilot program to bring laptop computers into classrooms. The program, Technology Promoting Student Excellence, is intended to provide wireless connectivity to all 7th-grade students and teachers from selected schools.

  • Read more about New Hampshire to Furnish 7th-grade Classrooms with Laptops

De-privatization?: Reno-area Tech Council Affiliates with Nevada ED Office

Friday, September 5, 2003

Citing the goals of expanding its impact and stabilizing funding, the member-based TechAlliance has given up its political independence to become a nonprofit agency under the auspices of the Nevada Commission on Economic Development.

  • Read more about De-privatization?: Reno-area Tech Council Affiliates with Nevada ED Office

Encouraging Grads to Pursue Biotech Careers

Friday, September 5, 2003

Biotechnology is one of the few tech-sectors in which jobs still seem to be in strong demand despite the weak economy, according to local news reports from around the country. As a result, many states, communities and universities have directed a portion of their economic development efforts toward encouraging life sciences research and biotech commercialization.

  • Read more about Encouraging Grads to Pursue Biotech Careers

Useful Stats: SBIR Awards, Proposals by State for FY 2002

Friday, September 5, 2003

During the course of each year, SSTI collects Small Business Innovation Research (SBIR) award and proposal data as it becomes publicly available. For FY 2002, SSTI has aggregated Phase I award, proposal and award-to-proposal conversion percentages for all 50 states and the District of Columbia for eight of the 10 participating agencies. (The Department of Education and the Environmental Protection Agency were unable to provide proposal statistics.)

  • Read more about Useful Stats: SBIR Awards, Proposals by State for FY 2002

People

Friday, September 5, 2003

Merideth Andreucci has succeeded Michael Wilton as president of the USA Niagara Development Corp. Wilton was nominated by Governor George Pataki to serve as President of the New York State Higher Education Services Corp.

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People

Friday, September 5, 2003

Merideth Andreucci has succeeded Michael Wilton as president of the USA Niagara Development Corp. Wilton was nominated by Governor George Pataki to serve as President of the New York State Higher Education Services Corp.

  • Read more about People

People

Friday, September 5, 2003

Richard Baier has been appointed director of the Nebraska Department of Economic Development.

  • Read more about People

People

Friday, September 5, 2003

The Bullitt County Economic Development Authority of Kentucky has named Bob Fouts as interim director.

  • Read more about People

People

Friday, September 5, 2003

The Connecticut Technology Council has named Matthew Nemerson as its new President and CEO, replacing Michael Theodore.

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People

Friday, September 5, 2003

Gwyn Riddick recently was named director of the new Piedmont Triad office of the North Carolina Biotechnology Center.

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People

Friday, September 5, 2003

Gary Schneider is the new chairman of the Greater Columbia Chamber of Commerce (S.C.).

  • Read more about People

West Virginia Development Office Plans $47.5M for TBED Awards

Friday, August 29, 2003

In its second attempt to distribute $225 million across the state to local economic development projects, after a lawsuit successfully challenged the initial selection process, the West Virginia Development office is poised to award nearly $47.5 million to directly benefit several technology-specific initiatives.

  • Read more about West Virginia Development Office Plans $47.5M for TBED Awards

North Carolina Renews Commitment to Statewide Connectivity

Friday, August 29, 2003

North Carolina took another step toward improving technology-based economic opportunity for its citizens when Gov. Michael Easley signed into law House Bill 1194 earlier this month. The bill creates the e-NC Authority, which will continue the work of the existing Rural Internet Access Authority for three more years, beginning January 2004.

  • Read more about North Carolina Renews Commitment to Statewide Connectivity

KTEC Unveils New Seed Fund for Technology Companies

Friday, August 29, 2003

The Kansas Technology Enterprise Corporation (KTEC), the state's lead corporation to promote advanced technology economic development, has developed a new investment program to help early-stage technology companies get the capital boost they need.

  • Read more about KTEC Unveils New Seed Fund for Technology Companies

Michigan Governor: States Urged to Address Manufacturing Crisis

Friday, August 29, 2003

Michigan Governor Jennifer Granholm has vowed to enlist her fellow governors in the fight to maintain the nation’s vital manufacturing industry. At a recent meeting of automotive industry executives and experts in Traverse City, Mich., Granholm used her keynote speech to call for actions that will stave off the loss of manufacturing jobs in the U.S.

  • Read more about Michigan Governor: States Urged to Address Manufacturing Crisis

Southwest Virginia Receives $4.76M for Broadband Infrastructure

Friday, August 29, 2003

Seven grants totaling nearly $4.76 million will help Southwest Virginia achieve greater high-speed bandwidth access by enabling deployment of fiber optic cable throughout much of the region. The Tobacco Indemnification and Community Revitalization Commission awarded the grants, including $2.03 million via five grants to Bristol Virginia Utilities (BVU). The balance of the funds was distributed between the Cumberland Plateau and Lenowisco planning district commissions.

  • Read more about Southwest Virginia Receives $4.76M for Broadband Infrastructure

Useful Stats: States' Shares of 2001 Federal R&D, by Agency

Friday, August 29, 2003

California, with a 13.4 percent share of the U.S. total, led the nation in receiving federal obligations for science and engineering (S&E) to colleges and universities in FY 2001, according to a new National Science Foundation (NSF) report. More than $22 billion was provided to all institutions in FY 2001, with the Department of Health and Human Services leading the way at almost $13 billion and NSF second at $3.3 billion.

  • Read more about Useful Stats: States' Shares of 2001 Federal R&D, by Agency

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Recent news from the SSTI Digest

Differences in industry concentrations of VDO and VC investments

Wednesday, August 26, 2026
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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SSTI’s recent TBED Community of Practice webinar took up a practical question raised by the White House Office of Science and Technology Policy report, Science: A New Golden Age: if federal science policy shifts, what changes will universities, commercialization, and regional innovation organizations need to make? The presentation outlined a research system that could look considerably different from the one that has developed since Vannevar Bush’s Science, the Endless Frontier.
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