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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

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)

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

NGA Report Gives Action Plan for Building a Technical Workforce

Wednesday, July 28, 2010

A recent report from the National Governors Association Center for Best Practices provides states with a blueprint to create a skilled workforce based on the success of the Automotive Manufacturing Technical Education Collaborative (AMTEC). AMTEC is a partnership of 30 community colleges and 34 auto-related plants in 12 states that worked to identify and implement improvements in technical education for workers in advanced automotive manufacturing.

  • Read more about NGA Report Gives Action Plan for Building a Technical Workforce

Building the Foundation for Recovery

Wednesday, August 4, 2010

In last week's edition of the the Digest, we highlighted the three most pressing needs for state and local TBED organizations: Federal, Commercialization & Entrepreneurship and Universities. This special section of the Digest will focus on the Capital, "How To" and Strategy & Alliance Building tracks and how they can navigate your region towards prosperity.

  • Read more about Building the Foundation for Recovery

Strategy & Alliance Building: Reports Offer Two Visions for Wisconsin's Economy

Wednesday, August 4, 2010

Two recent reports from Wisconsin economic development organizations suggest different paths for the state's economic initiatives. A white paper from the Wisconsin Technology Council (WTC) lays out a plan to increase access to capital for Wisconsin entrepreneurs, create new workforce development strategies, improve the state's infrastructure and business climate, and implement technology development and transfer strategies. Another report calls for greater coordination and streamlining of Wisconsin's existing programs through the creation of two new entities with a statewide reach.

  • Read more about Strategy & Alliance Building: Reports Offer Two Visions for Wisconsin's Economy

Missouri Group Working on Plan to Transform State's Economy

Wednesday, August 18, 2010

With input from industry leaders in life sciences and tech-based organizations, a group convened by Gov. Jay Nixon is tasked with identifying a vision and mission to transform the state's economy within five years targeting high-growth industries. By the end of the year, the group hopes to identify six to eight key initiatives most likely to impact the economy. Tech-based components will be critical to the plan, with details forthcoming.

  • Read more about Missouri Group Working on Plan to Transform State's Economy

Four Organizations Achieving Impressive Economic Results Win National Award, Serving As Models Of Best Practice For States And Regions

Wednesday, September 22, 2010

Four organizations were named winners of SSTI's 2010 Excellence in TBED Award, serving as national models for states and regions investing in science, technology and innovation to grow and sustain their economies and create high-paying jobs.

  • Read more about Four Organizations Achieving Impressive Economic Results Win National Award, Serving As Models Of Best Practice For States And Regions

Election Results: 2009 Are Changes in Store for TBED in NJ, VA?

Wednesday, November 4, 2009

Tuesday’s Republican victories in the gubernatorial races for New Jersey and Virginia mean a shift in political power for both states. With current fiscal conditions continuing to press state revenues lower and unemployment rolls higher, much of the new governors’ attentions could pass over tech-based economic development policies. Alternately, increased investments in TBED may be exactly what are needed right now to help create high-wage jobs in both states.

  • Read more about Election Results: 2009 Are Changes in Store for TBED in NJ, VA?

SSTI Job Corner

Wednesday, November 4, 2009

Complete descriptions of this opportunity and others are available at http://www.ssti.org/posting.htm.

  • Read more about SSTI Job Corner

2009 Excellence in TBED Award Winners Honored at National Conference

Wednesday, October 21, 2009

Capturing national attention for initiating successful programs to sustain the nation’s position as a global leader for innovation and competitiveness, six organizations were named recipients of SSTI’s 2009 Excellence in TBED Award. The third annual awards follow a nationwide competition recognizing outstanding achievements in tech-based economic development (TBED) emphasizing impact, strategic value and replicability.

  • Read more about 2009 Excellence in TBED Award Winners Honored at National Conference

Authors Use Metrics to Identify NYC's Challenges in TBED

Wednesday, October 14, 2009

While New York City's universities and research centers are among the country's top institutions for performing scientific research, the city’s institutions have not become the drivers of entrepreneurship and economic development witnessed in other regions of the U.S, according to a new report from the Center for an Urban Future. Additionally, the high cost of real estate and lack of affordable laboratory space inhibits local entrepreneurs from succeeding and deters high-tech investment.

  • Read more about Authors Use Metrics to Identify NYC's Challenges in TBED

Headlining Speakers Will Address the Past and Future of TBED Initiatives

Wednesday, October 7, 2009

If we have no map, does that mean we’re lost? Hardly. But given the economic turmoil affecting every crossroad of the country, some folks may be having a hard time seeing which road leads in the right direction. This year’s conference will feature two speakers at the forefront of TBED research who will share their insight on how states and regions can prepare themselves for the challenges ahead.

  • Read more about Headlining Speakers Will Address the Past and Future of TBED Initiatives

TBED Works: Stories of Success Celebrated During SSTI Conference

Wednesday, October 7, 2009

Developing and implementing a successful TBED initiative that generates substantial economic gain for a state or region is no easy feat. SSTI’s third annual Excellence in TBED awards recognize outstanding achievements in tech-based economic development from innovative programs across the nation, emphasizing impact, strategic value and replicability.

  • Read more about TBED Works: Stories of Success Celebrated During SSTI Conference

What to Expect at an SSTI Annual Conference

Wednesday, October 7, 2009

SSTI’s Annual Conference offers a rich and rewarding slate of professional development opportunities for seasoned conference veterans and first-timers alike. Each year, SSTI helps connect TBED professionals to the ideas and perspectives making a difference in the regional innovation. The conference also provides a vibrant atmosphere where attendees can connect to the leading thinkers and practitioners in the field. You can expect:

    • Read more about What to Expect at an SSTI Annual Conference

    Partnerships: The Key to Success

    Wednesday, October 7, 2009

    SSTI’s 13th Annual Conference is made possible by the support of our host sponsor, the Kansas Technology Enterprise Corporation (KTEC), and the generous support of our national conference sponsors. SSTI extends its appreciation and thanks to the following exemplary organizations serving as our national sponsors:

    • Pennsylvania Department of Community and Economic Development
    • Greater Oklahoma City Chamber
    • Battelle
    • National Centers of Excellence (NCOE)
    • GSP Consulting
    • Monster Public Sector & Education
    • Read more about Partnerships: The Key to Success

    SSTI Job Corner

    Wednesday, October 7, 2009

    Missouri Small Business Technology Development Center invites applications for an associate state specialist (counselor). This position serves as a statewide specialist to provide leadership, expertise, and training to University faculty and staff, and private sector clients with SBIR/STTR.

    • Read more about SSTI Job Corner

    SSTI Job Corner

    Wednesday, September 30, 2009

    Complete descriptions of these opportunities and others are available at http://www.ssti.org/posting.htm.

    • Read more about SSTI Job Corner

    Proposal to Attract S&T Companies, Researchers Slated for Missouri Legislative Session

    Wednesday, January 6, 2010

    During the upcoming legislative session in Missouri, lawmakers will consider a proposal by Gov. Jay Nixon to create a funding source aimed at attracting top scientists, commercializing research, recruiting and building science infrastructure, and creating capital programs for early-stage technology companies. The Missouri Science and Reinvestment Act (MOSIRA) would dedicate an annual portion of new tax revenues generated by biotechnology companies to a newly-created state fund administered by the Missouri Technology Corporation.

    • Read more about Proposal to Attract S&T Companies, Researchers Slated for Missouri Legislative Session

    Utah Governor's FY11 Budget Includes $30M for USTAR

    Wednesday, January 6, 2010

    Gov. Gary Herbert unveiled last month an $11.3 billion spending plan for FY11 that maintains level funding for higher education and slightly reduces funding for the Utah Science Technology and Research initiative (USTAR). The governor's FY11 budget plan addresses a $693 million shortfall, which is spread across FY10-11 and anticipates $34 million in state revenue growth during the next year.  Read more ...

    • Read more about Utah Governor's FY11 Budget Includes $30M for USTAR

    Report Assesses Arizona's Strengths and Weaknesses in TBED

    Wednesday, January 6, 2010

    Arizona's state, regional and university leaders already have made efforts to stimulate elements of a high-tech economy; however, missing are key fundamentals necessary for the state to compete on a national level, finds a report on Arizona's tech economy.

    • Read more about Report Assesses Arizona's Strengths and Weaknesses in TBED

    Tech Talkin' Govs, Part III

    Wednesday, January 27, 2010

    The third installment of SSTI’s Tech Talkin’ Govs’ series includes excerpts from speeches delivered in Delaware, Maine, Missouri, New Hampshire, Ohio, Rhode Island, South Dakota, Utah and Wisconsin. The first and second installments are available in the Jan 13 Digest and Jan. 20 Digest, respectively.

    • Read more about Tech Talkin' Govs, Part III

    $101M NYSTAR Increase Among Gov’s Proposals

    Wednesday, January 27, 2010

    The New York State Foundation for Science, Technology and Innovation (NYSTAR), the state’s lead tech-based economic development agency, would see a significant boost in funding under a proposal unveiled by Gov. David Paterson to distribute $100 million in new Innovation Economy Matching Grants.

    • Read more about $101M NYSTAR Increase Among Gov’s Proposals

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    Recent Research: How can states ensure effectiveness of R&D incentives?

    Thursday, January 8, 2026

    State R&D incentive programs such as tax credits are widely used to stimulate innovation, attract investment, and support long-term economic growth. But how do we know which programs truly increase R&D activity rather than simply subsidizing what companies would have done anyway?

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    Useful Stats: Higher education R&D expenditures reach $117 billion in FY 2024

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    TBED Works: MTI delivers on economic growth by supporting early-stage companies in targeted sectors

    Thursday, January 8, 2026

    The Maine Technology Institute’s core mission is to use innovation to spur the development of new products, processes, and companies that strengthen the state’s economy. Finishing its 25th year of operations, MTI solidly illustrates how a sustained, focused yet flexible and creative strategy can deliver this mission. MTI has disbursed $387 million across 4,350 distinct projects throughout Maine since its founding, and that funding has leveraged over $2.2 billion in private sector matching investment. 

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