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Increasing Access to Broadband

Thursday, February 19, 2009

ARRA will provide $7.2 billion to upgrade the country's broadband infrastructure through the Department of Agriculture (USDA), the National Telecommunications and Information Administration (NTIA) and the Federal Communications Commission (FCC).

  • Read more about Increasing Access to Broadband

Funding for Health Information Technology

Thursday, February 19, 2009

  • Read more about Funding for Health Information Technology

Appropriations for R&D-funding Agencies

Thursday, February 19, 2009

The major federal R&D funding agencies all received significant funding through ARRA, including:

Department of Health and Human Services

A total of $10 billion will be provided to the National Institutes of Health (NIH), which will be distributed among the following entities:

  • Read more about Appropriations for R&D-funding Agencies

Trade Adjustment Assistance for Communities

Thursday, February 19, 2009

  • Read more about Trade Adjustment Assistance for Communities

Expanding Access to Capital

Thursday, February 19, 2009

Department of Treasury

  • Read more about Expanding Access to Capital

State Fiscal Relief

Thursday, February 19, 2009

ARRA contains a number of provisions to provide fiscal relief to the states at a time of record deficits. Most attention has focused on the $53.6 billion provided through the State Fiscal Stabilization Fund, but the act also contains other provisions to assist the states.

  • Read more about State Fiscal Relief

Funding for Energy-related Items

Thursday, February 19, 2009

Department of Energy

ARRA includes $39 billion in stimulus funding for the Department of Energy (DoE) as part of the package's support for upgrading the country's infrastructure and power grid. DoE allocations include funding for the department's science office, research grants, and energy efficiency programs.

  • Read more about Funding for Energy-related Items

SEMATECH, New York to Invest $600 million in Nanoelectronics

Monday, May 14, 2007

Deal’s Impact on Texas Operations Remains Unclear

If you follow college sports, you know all how strong rivalries can be between certain schools. Bragging rights after a football game spill over into competitions over everything. Those that cross neighboring state borders seem to have even more edge sometimes.

 

  • Read more about SEMATECH, New York to Invest $600 million in Nanoelectronics

Exciting Opportunities Available on SSTI's Job Corner

Monday, May 14, 2007

Are you thinking about making a career change? If so, visit the SSTI Job Corner at http://www.ssti.org/posting.htm.



In addition to the new opportunities described below, the SSTI Job Corner has openings for these positions:

  • Read more about Exciting Opportunities Available on SSTI's Job Corner

Federal R&D Shows Real Dollar Drop

Wednesday, February 11, 2009

Whichever version of the H.R. 1, the American Recovery and Reinvestment Act (ARRA), emerges from conference committee would provide a significant reversal to the direction spending has gone for the past four years for federal research and development, based on data released by the National Science Foundation during the past week.  From FY 2005 through FY 2008, federal R&D obligations decreased 7.8 percent in constant dollars.

  • Read more about Federal R&D Shows Real Dollar Drop

SSTI Co-Hosts TIP-MEP Regional Meeting on March 12

Wednesday, February 11, 2009

On March 12 from 1:00-5:00 p.m. in San Francisco, SSTI is co-hosting a meeting with officials from the Technology Innovation Program (TIP) and the Manufacturing Extension Partnership (MEP) that we would encourage you or one of your colleagues to attend. TIP and MEP are two of the most market-driven programs operated by the federal government. Both programs have launched new investments and innovative services in the last year. The meeting will give you a chance to learn about:

  • Read more about SSTI Co-Hosts TIP-MEP Regional Meeting on March 12

Wisconsin Governor Proposes Investor Tax Credit Expansion, Funds for Advanced Workforce Training

Wednesday, February 11, 2009

Gov. Jim Doyle unveiled today an economic stimulus plan for Wisconsin that includes a proposal to enhance tax credits for angel and venture investors in support of start-up technology companies. A coalition assembled to improve Wisconsin's existing investor tax credits law applauded the governor's announcement to refine the four-year-old program.

  • Read more about Wisconsin Governor Proposes Investor Tax Credit Expansion, Funds for Advanced Workforce Training

Connecticut Gov Latest to Propose Consolidating Economic Development Efforts

Wednesday, February 11, 2009

Adding to a growing number of governors proposing to consolidate state economic development agencies, Gov. Jodi Rell last week announced in her budget request her intention to overhaul Connecticut's job creation infrastructure by merging several state agencies into the Department of Economic and Community Development (DECD).

  • Read more about Connecticut Gov Latest to Propose Consolidating Economic Development Efforts

Useful Stats: Gross Domestic Product by Metro, Per Capita GDP by Metro 2002-2006

Wednesday, February 11, 2009

According to the most recent release of gross domestic product (GDP) by metro area, 23 of the nation's 363 metro areas experienced a decrease in inflation-adjusted GDP from 2002 to 2006. Benchmarking against the aggregate U.S. metro GDP growth rate over those five years - which increased 12.8 percent - 167 of the nation's metros grew at a faster rate.

  • Read more about Useful Stats: Gross Domestic Product by Metro, Per Capita GDP by Metro 2002-2006

SSTI Job Corner

Wednesday, February 11, 2009

The complete description of this opportunity and others are available at http://www.ssti.org/posting.htm.

  • Read more about SSTI Job Corner

People

Monday, May 7, 2007

A big week for big cheeses:

  • Read more about People

People

Monday, May 7, 2007

Idaho Gov. Butch Otter selected James Ellick to head the Idaho Department of Commerce. Ellick brings a tech perspective to the department, having run four venture capital backed tech companies in Silicon Valley in his past.

  • Read more about People

People

Monday, May 7, 2007

Kentucky Gov. Ernie Fletcher named John Hindman, retired former vice president of strategic communications and public affairs for UPS Airlines, to run the state's Economic Development Cabinet.

  • Read more about People

People

Monday, May 7, 2007

John Mengacci, CEO of Connecticut Innovations, announced his resignation.

  • Read more about People

People

Monday, May 7, 2007

New Mexico Gov. Bill Richardson appointed Fred Mondragon as the director of the state's economic development department. Mondragon had been economic development director for the city of Albuquerque.

  • Read more about People

People

Monday, May 7, 2007

New York Gov. Elliot Spitzer nominated Edward Reinfurt to serve as executive director of the New York State Foundation for Science, Technology and Innovation. Reinfurt has been vice president of the Business Council of New York State, a statewide 4,000-member chamber of commerce, since its founding in 1980.

  • Read more about People

Lake agrees to boost business incubator

Sunday, February 8, 2009

LEESBURG -- Lake County commissioners agreed to partner with the city and the University of Central Florida to beef up a business incubator in hopes of attracting more start-up companies.

The partnership includes $85,000 in county funds for the UCF Research Foundation to support the incubator's staffing. The incubator, which was created last year, is at the Leesburg Business & Technology Center on Market Street.

  • Read more about Lake agrees to boost business incubator

Status of major legislation

Friday, February 6, 2009

Status of some of the major legislation in the 2009 session of the 52nd Oklahoma Legislature as of Feb. 6:

SB 1 by Gumm NICK'S LAW: Would mandate coverage by private health insurers of the diagnosis and treatment of autism. Referred to Senate Retirement and Insurance Committee.

SB 59 by Rice VETERANS INSURANCE: Would make some uninsured veterans eligible for a state premium assistance insurance program. Passed by the Senate Appropriations Subcommittee on Health and Human Services, sent to full Senate.

  • Read more about Status of major legislation

GOV. GREGOIRE APPLAUDS ECONOMIC DEVELOPMENT COMMISSION STRATEGIC PLAN

Friday, February 6, 2009

DATELINE: OLYMPIA, Wash.

Gov. Christine Gregoire, D-Wash., issued the following press release:

Gov. Chris Gregoire today praised the state's Economic Development Commission, which just released its strategic plan to help guide Washington as it develops a stronger, 21st century economy.

  • Read more about GOV. GREGOIRE APPLAUDS ECONOMIC DEVELOPMENT COMMISSION STRATEGIC PLAN

NEW HAMPSHIRE MANUFACTURING EXTENSION PARTNERSHIP, STATE ECONOMIC DEVELOPMENT LAUNCH NEXT GENERATION MANUFACTURING STUDY

Thursday, February 5, 2009

DATELINE: CONCORD, N.H.


The New Hampshire Business Resource Center issued the following news release:

  • Read more about NEW HAMPSHIRE MANUFACTURING EXTENSION PARTNERSHIP, STATE ECONOMIC DEVELOPMENT LAUNCH NEXT GENERATION MANUFACTURING STUDY

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Recent news from the SSTI Digest

Recent Research: What makes place-based economic development policies work?

Wednesday, September 9, 2026
Place-based economic development is back near the center of federal policy, from Opportunity Zones to the CHIPS and Science Act. That renewed attention comes with a familiar problem: decades of enterprise zones, tax incentives, infrastructure investments, and other geographically targeted programs have produced results that are hard to summarize cleanly. In a new NBER working paper, Matthew Freedman and David Neumark ask the better question: not simply whether or not these policies work, but under what conditions they might work, for whom, and why. Their review points to a practical conclusion: policy design matters and targeting a distressed community with development-focused financial incentives is rarely enough on its own.
economic development

A BBBRC grant builds momentum for a highly trained semiconductor workforce

Wednesday, September 9, 2026
For the civic leaders of Osceola County, the Great Recession of 2008 made clear that they could not base their economy so heavily on travel and tourism. By the time COVID-19 hit in 2020, they knew the steps they had taken to diversify their economy were the right ones. When the Build Back Better Regional Challenge (BBBRC) opportunity arose in 2021, the county and its partners were well-positioned to operationalize the benefits the grant presented to the region and create a trained workforce for a recently attracted semiconductor industry. How did Osceola County get here? There are potential approaches to emulate by more areas of the county dependent on low-wage sectors like tourism or, for that matter, extraction-focused regions subject to “boom and bust.” 
semiconductors
workforce

The impact of tax incentives on early-stage company investment varies

Wednesday, September 9, 2026
One persistent question in economic development policy is how incentives impact private sector investment decisions. Recent and ongoing research from Murillo Campello and Guilherme Junqueira of the University of Florida, published in the National Bureau of Economic Research working paper series, explores the impact of the Qualified Small Business Stock (QSBS) program on venture capital risk-taking. The researchers found that the availability of QSBS tax benefits strongly influences venture capital investment behavior, specifically in traditionally structured venture capital funds. They also found no similar behavior among angel or corporate investors, an insight that may hold important program design and policy lessons for the TBED community. 
tax incentives
investing
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