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SSTI's 2009 Conference Website is LIVE - Register Today!

Wednesday, August 12, 2009

The circumstances leading to SSTI's 13th Annual Conference make this year's event critical. We encourage you to join us in Overland Park, Kansas October 21 - 23, 2009 to Seize the Moment. As you scan the conference website, you'll discover we're putting together our most complete and complex conference yet.

  • Read more about SSTI's 2009 Conference Website is LIVE - Register Today!

Hawaii Tightens Restrictions on High-Tech Investment Tax Credit

Wednesday, August 12, 2009

Hawaii Governor Linda Lingle recently allowed a significant revision to the state's High-Technology Investment Tax Credits program become law without her signature. The program, which has provided a 100 percent credit on high-tech investments since 2001, now will cap its credits at 80 percent. Investors also will no longer be able to transfer their credits to other investors. The revisions will apply through December 2010, when the tax credit program is scheduled to expire.

  • Read more about Hawaii Tightens Restrictions on High-Tech Investment Tax Credit

Legislative Wrap-up: Massachusetts, New Jersey, Oklahoma, and Rhode Island Pass FY10 Budgets

Wednesday, August 12, 2009

Over the past few months, several states have enacted spending plans for the upcoming fiscal year and passed legislation to support renewable energy initiatives and tax credits for R&D. While some TBED programs will face dramatic cuts in FY10, others are slated for slight decreases or will receive level funding. The following synopsis provides an overview of the 2009 legislative sessions across the following states:

  • Read more about Legislative Wrap-up: Massachusetts, New Jersey, Oklahoma, and Rhode Island Pass FY10 Budgets

Tapping Youth and Older Workers to Maintain a Competitive Workforce

Wednesday, August 12, 2009

The growing need for a skilled workforce in the U.S. has prompted policymakers, educators and industry leaders alike to explore a wide range of options for ensuring a pipeline of qualified workers with specialized skills to fill both new economy jobs and those that will be vacated by the aging population. Two recent examples include grants awarded to states to help re-train older generation workers for jobs in high-growth industries and legislation introduced in the U.S. Senate to provide resources for high-school students to secure high-wage careers in their regions.

  • Read more about Tapping Youth and Older Workers to Maintain a Competitive Workforce

The Personal History of High-Tech Entrepreneurs

Wednesday, August 12, 2009

As the U.S. has experienced rising unemployment rates during the recent economic downturn, larger numbers of individuals with technology-based skills are finding themselves out of work. One policy option to seize the moment is to engage the unemployed, assisting them on a path to starting their own business. But what are the characteristics and family backgrounds of the general population who have become successful tech-based entrepreneurs?

  • Read more about The Personal History of High-Tech Entrepreneurs

Research Park RoundUp: An Expanding Role in the Next Economy

Wednesday, August 12, 2009

Historically viewed as an important contributor to job creation in emerging fields and a revenue generator for cities and states, science and technology parks serve an essential role in driving high-tech economies.

  • Read more about Research Park RoundUp: An Expanding Role in the Next Economy

Useful Stats: Per Capita Income by U.S. Metro Area 2004-2008

Wednesday, August 12, 2009

Over the five-year period from 2004 to 2008, 124 of the 366 U.S. metropolitan statistical areas experienced a change in per capita income at a greater rate than the U.S. as a whole, according to statistics released last week by the Bureau of Economic Analysis (BEA). In 2008, per capita personal income in the U.S. was $39,582, a 19.4 percent increase since 2004. To further examine all 366 metro areas in the U.S., SSTI has prepared a table showing the amount and change in per capita income for each MSA from 2004 to 2008.

  • Read more about Useful Stats: Per Capita Income by U.S. Metro Area 2004-2008

SSTI Job Corner

Wednesday, June 17, 2009

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

  • Read more about SSTI Job Corner

Listen to SSTI's Interview with Wayne Sumple and Bob Torrani of the Connecticut Center for Advanced Technology (CCAT)

Thursday, June 18, 2009
Listen to SSTI's Interview with Wayne Sumple and Bob Torrani of the Connecticut Center for Advanced Technology (CCAT)
  • Read more about Listen to SSTI's Interview with Wayne Sumple and Bob Torrani of the Connecticut Center for Advanced Technology (CCAT)

New Model for Funding Support to Small Businesses Passes Tennessee Legislature

Wednesday, July 1, 2009

After near unanimous passing in both chambers of the state legislature, the "Tennessee Small Business Investment Company Credit Act" was sent this week to Gov. Phil Bredesen for his signature. The legislation, designed to create a pool of at least $84 million in capital, utilizes a competitive process to select several venture capital funds to make direct investments in small business headquartered in Tennessee.

  • Read more about New Model for Funding Support to Small Businesses Passes Tennessee Legislature

Maine Legislators Pave the Way for Renewable Energy Projects

Wednesday, July 1, 2009

Gov. John Baldacci signed two major bills this session supporting renewable energy R&D and creating a path for building private sector jobs in clean energy businesses. Lawmakers also passed a $150 million bond package, which includes funding for ocean and wind energy demonstration projects and support for Maine technology entrepreneurs. Voters will have the final say on the bond package in three separate ballot measures presented over the next two years.

  • Read more about Maine Legislators Pave the Way for Renewable Energy Projects

Tennessee to Develop Solar Institute With Federal Stimulus Funds

Wednesday, July 1, 2009

Using $62.5 million earmarked from the state energy program federal grant provided under the American Recovery and Reinvestment Act of 2009, Tennessee will create a solar institute, a solar farm five-megawatt power generation demonstration project, and implement additional renewable energy activities as part of the Volunteer State Solar Initiative approved last month by lawmakers.

  • Read more about Tennessee to Develop Solar Institute With Federal Stimulus Funds

Save the Date! SSTI's Annual Conference Set for October 21-23

Wednesday, July 1, 2009

Mark your calendar for Oct. 21-23 to attend SSTI's 13th annual conference Seize The Moment in Overland Park, Kansas! Past attendees know SSTI's conference is the premiere professional development event for the TBED community. And 2009 will be no exception.

  • Read more about Save the Date! SSTI's Annual Conference Set for October 21-23

Statewide Consortium Announces $100 Million Green Computing Center in Western Massachusetts

Wednesday, July 1, 2009

Massachusetts Governor Deval Patrick recently announced plans to develop a $100 million high-performance computing center powered by clean and renewable energy in the small city of Holyoke. The center will be managed by a consortium of state agencies, universities and technology companies including the Massachusetts Institute of Technology, the University of Massachusetts, Cisco Systems and EMC Corp..

  • Read more about Statewide Consortium Announces $100 Million Green Computing Center in Western Massachusetts

GAO Finds Inequality between Minority and Non-Minority Applicants for the New Markets Tax Credit

Wednesday, July 1, 2009

Minorities receive fewer approvals and lower cash awards through the Department of Treasury's New Markets Tax Credit (NMTC), according to a recent Government Accountability Office (GAO) report.

  • Read more about GAO Finds Inequality between Minority and Non-Minority Applicants for the New Markets Tax Credit

Useful Stats: Inventors per 1,000 Residents by MSA: 1980, 1990, 2000, 2005

Wednesday, July 1, 2009

The methods of measuring the "innovativeness" of a region take many forms, including metrics which gauge the concentration of those inventing new ideas though patents. From data made available through the Office of the University Economist at Arizona State University, one can track over time the number of patent inventors per capita by metro area.

  • Read more about Useful Stats: Inventors per 1,000 Residents by MSA: 1980, 1990, 2000, 2005

TBED People and Organizations

Wednesday, July 1, 2009

The Piedmont Triad Research Park laid off Bill Dean, director of the park, and Nancy Johnson, marketing director. Park officials said that the park's project manager and executive assistant also were laid off.

  • Read more about TBED People and Organizations

NTIA Releases Details of Federal Funding for State Broadband Maps and Planning

Wednesday, July 15, 2009

The National Telecommunications and Information Administration (NTIA) has released new information about its stimulus-funded grant program for state-based broadband mapping and planning initiatives. The State Broadband Data and Development Grant Program will provide approximately $240 million in grants to assist states or their designees to develop state-specific data on broadband deployment and adoption. The competitive, merit-based awards will require funding matches with applications due by August 14.

  • Read more about NTIA Releases Details of Federal Funding for State Broadband Maps and Planning

High-Tech Industry Wins Big in Wisconsin

Wednesday, July 15, 2009

Gov. Jim Doyle signed the 2009-11 biennial budget last month, providing funding for university-based research and enhancing tax credits for angel and venture investors supporting high-tech R&D.

  • Read more about High-Tech Industry Wins Big in Wisconsin

Reduced Funding Scales Back Indiana Life Sciences, Technology Development Initiatives

Wednesday, July 15, 2009

While maintaining a $1 billion reserve over the next biennium, the 2009-11 budget signed into law by Gov. Mitch Daniels reduces by half funding for the state's 21st Century Research and Technology Fund and appropriates only a fraction of the requested $70 million for the Indiana Innovation Alliance, an initiative to grow the state's life science industries.

  • Read more about Reduced Funding Scales Back Indiana Life Sciences, Technology Development Initiatives

VC Stays Course in First Quarter with $4.6B Invested

Monday, May 10, 2004

Venture capital (VC) kept up a steady pace in the first three months of 2004, according to the latest PricewaterhouseCoopers/Thomson Venture Economics/National Venture Capital Association MoneyTree™ Survey. Investments in the first quarter of 2004 totaled $4.6 billion going into 618 companies, the data show. The figure is below the $5.2 billion invested in the fourth quarter of 2003, but above the first quarter total of a year ago, $4.2 billion.

  • Read more about VC Stays Course in First Quarter with $4.6B Invested

High-Tech Tax Credit Bill Renewed with Minor Revisions

Monday, May 10, 2004

Amid criticism from taxpayers, legislators in Hawaii agreed to renew the widely debated bill that extends high-technology tax credit for another five years, without a provision requiring the disclosure of companies that receive the credits, the Honolulu Advertiser recently reported.

  • Read more about High-Tech Tax Credit Bill Renewed with Minor Revisions

New Zealand Switching to Performance-based Funding for University R&D

Monday, May 10, 2004

Competition for state, federal and industrial funding to support university research is increasingly fierce in the U.S. Growing interest in developing academic research capacity, eroding state support for higher education and federal R&D budgets barely keeping pace with inflation, let alone absorbing the growing percentage dedicated to Congressional earmarks, are some of the reasons.

  • Read more about New Zealand Switching to Performance-based Funding for University R&D

Technology Economy Still in Washington State's Future

Monday, May 10, 2004

Washington State remains poised to capture more benefits from its technology-driven economy, according to the Index of Innovation and Technology released last month by the Washington Technology Center (WTC). As the state's lead organization to support science and technology, WTC publishes the Index to provide the state's decision makers with annual benchmarks for setting policy and  public investments to promote technology-based economic development.

  • Read more about Technology Economy Still in Washington State's Future

NBIA Honors Top Incubation Programs

Monday, May 10, 2004

The National Business Incubation Association (NBIA) recently held its 18th International Conference in Atlanta, honoring excellence in business incubation programs, graduates and client companies. NBIA, a nonprofit organization, works to advance incubation and entrepreneurship. This year’s recipients include:

  • Read more about NBIA Honors Top Incubation Programs

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