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Canada Releases Innovation Agenda Areas of Action, Website for Public Input

Thursday, June 23, 2016

When Canadian Prime Minister Justin Trudeau released his administration’s proposed 2016 budget in late March, SSTI covered the significant funds it would allocate for science, research, and technology-based economic development, as well as the country’s plan for a national innovation agenda.

  • Read more about Canada Releases Innovation Agenda Areas of Action, Website for Public Input

Research Institute Struggles Raise Questions About Big Dollar Recruitment Approaches

Thursday, June 23, 2016

Because a research base that generates new knowledge is a key pillar of a technology-based economy, an important strategy in technology-based economic development is the expansion of research capacity. While states may go about addressing this in a variety of ways (e.g., R&D tax-credits, university-industry partnerships, recruiting eminent scholars), Florida drew national attention when it took a different approach last decade, allocating more than $450 million to attract nine research institutes through its Innovation Incentive Program (IIP).

  • Read more about Research Institute Struggles Raise Questions About Big Dollar Recruitment Approaches

Free Wi-Fi, Inclusive Entrepreneurial Support Initiatives Announced for Baltimore’s Innovation Village

Thursday, June 23, 2016

Throughout the United States, innovation districts have been proposed with varying degrees of emphasis on inclusivity and opportunity.

  • Read more about Free Wi-Fi, Inclusive Entrepreneurial Support Initiatives Announced for Baltimore’s Innovation Village

Support for Federally Funded R&D Centers Stagnate After Recovery Act

Thursday, March 10, 2016

New National Science Foundation data indicates that the federal government’s support for national laboratories and research centers has continued to decline in constant dollars after peaking with the 2011 infusion of American Recovery and Reinvestment Act (ARRA) funding.  Six federally funded research and development centers (FFRDC’s) comprise about one-half of all FFRDC spending: NASA’s Jet Propulsion Lab (JPL) and five Department of Energy national labs.

  • Read more about Support for Federally Funded R&D Centers Stagnate After Recovery Act

Assessing Impact of Manufacturing Value Chain on U.S. Economy

Thursday, March 10, 2016

When factoring in the broader manufactured goods value chain – including activities such as research and development, corporate management, logistics operations, and advertising and branding – manufacturing’s footprint on the American economy is much larger than what is measured in most analyses, according to a new report from the Manufacturers Alliance for Productivity and Innovation (MAPI). In their report, The Manufacturing Value Chain Is Much Bigger Than Yo

  • Read more about Assessing Impact of Manufacturing Value Chain on U.S. Economy

NSF Launches New Inclusion Initiative to Broaden Participation in STEM

Thursday, March 10, 2016

The National Science Foundation (NSF) announced that it would commit up to $12.5 million in pilot grants to test novel ways of broadening participation in science, technology, engineering, and mathematics (STEM).

  • Read more about NSF Launches New Inclusion Initiative to Broaden Participation in STEM

Several Universities Look to Unify Startup Investment Efforts to Support Regional, State Economic Prosperity

Thursday, March 10, 2016

Over the last month, several universities have announced new initiatives that look to spur investments in university-related startups to support economic growth and prosperity within their region or state. These include efforts in Triangle Venture Alliance in North Carolina, Purdue Ventures in Indiana, and a partnership between Oregon State University and a local investment fund.

North Carolina

  • Read more about Several Universities Look to Unify Startup Investment Efforts to Support Regional, State Economic Prosperity

States, Feds See High-Speed Data Infrastructure Key to Economic Growth

Thursday, March 10, 2016

This week, the White House announced the ConnectAll Initiative, an effort to reform federal communications programs to focus on bringing more Americans online. The focus of this effort will be on lower-income families who often lack access to affordable service and the devices to make use of them. Under the proposed plan, low-income families could be eligible for a monthly broadband subsidy.

  • Read more about States, Feds See High-Speed Data Infrastructure Key to Economic Growth

States Explore Ways to Expand Computer Science Initiatives

Thursday, March 10, 2016

A computer science education is viewed as a valuable prerequisite for many technology jobs, and, as a result, policymakers are responding to make these programs more ubiquitous. In January, the Obama administration announced his $4 billion Computer Science For All proposal, a nationwide effort to help all students from kindergarten through high school learn computer science.

  • Read more about States Explore Ways to Expand Computer Science Initiatives

VA Gov Announces $20M in Workforce Funding Including Pay-For-Performance Workforce Initiative

Thursday, March 17, 2016

Virginia Gov. Terry McAuliffe announced the creation of a pay-for-performance workforce training program that will help Virginia workers acquire the industry certifications and occupational licenses that meet the needs of key businesses in each region of the state.

  • Read more about VA Gov Announces $20M in Workforce Funding Including Pay-For-Performance Workforce Initiative

DOE Awards First Round of Small Business Vouchers; Second Round Announced

Thursday, March 17, 2016

The U.S. Department of Energy (DOE) Office of Energy Efficiency and Renewable Energy (EERE) recently released the first round of 33 awardees from the Small Business Vouchers Pilot program.  A total of $6.7 million will be awarded in the form of vouchers for assistance from DOE national laboratories of up to $300,000 a piece. Small cleantech businesses may be able to apply in nine technical categories. A second round of awards also has been announced, with a third to follow later in the year.

  • Read more about DOE Awards First Round of Small Business Vouchers; Second Round Announced

Who is the American Angel?

Thursday, March 17, 2016

Angel investors are an essential component of the global economy, supporting ideas and innovators at their very earliest stages. In 2014, more than 200,000 American angels invested about $24 billion in 73,000 startups, according to the Angel Capital Association (ACA). Little data, however, exists on who these investors are and how they make their decisions. ACA, Wharton Entrepreneurship and the John Huston Fund for Angel Professionalism at Rev1 Ventures are launching a nationwide survey of angel investors to learn more.

  • Read more about Who is the American Angel?

Burgeoning Indiana Biosciences Research Institute Receives $100M in Grants

Thursday, March 17, 2016

The Indiana Biosciences Research Institute (IBRI), first unveiled in May 2013, is a statewide public-private partnership advanced by BioCrossroads that considers itself the first industry-led collaborative life sciences research institute in the country.

  • Read more about Burgeoning Indiana Biosciences Research Institute Receives $100M in Grants

Initiatives Announced to Help Young Women Overcome Roadblocks in STEM Education

Thursday, March 17, 2016

Several recent studies have identified the roadblocks that females face in Science, Technology, Engineering and Mathematics (STEM) fields. These two roadblocks include gender bias in the classroom and too few mentors in K-16 STEM fields. In an attempt to increase opportunities for females in STEM education, both federal and foundation funders have announced programs that will increase scholarship and internship opportunities for young women in STEM fields.

  • Read more about Initiatives Announced to Help Young Women Overcome Roadblocks in STEM Education

15 New Communities Selected for TechHire Initiative

Thursday, March 17, 2016

To celebrate the one year anniversary of the TechHire Initiative, the Obama administration announced an expansion of the program with the addition of 15 new communities. The administration also announced activities and commitments to help support career and technical education. 

  • Read more about 15 New Communities Selected for TechHire Initiative

Productivity Linked to Research Quality, University Funding

Thursday, March 17, 2016

Florida Higher Education – Is the Cheapest Fiscally Sound? provides evidence for the connection between state funding for universities and productivity. Florida Research Consortium and Florida Chamber Foundation combine a variety of data to advance three connections: 1) state funding for universities is exponentially related to total funding for universities; 2) total funding for universities is related to research quality; and 3) research quality is related to productivity within Metropolitan Statistical Areas.

  • Read more about Productivity Linked to Research Quality, University Funding

America Makes Launches Effort to Define Additive Manufacturing Standards and Specifications

Thursday, March 24, 2016

America Makes, the National Additive Manufacturing Innovation Institute, announced the creation of the Additive Manufacturing Standardization Collaborative (AMSC) – an effort to coordinate and accelerate development of industry-wide additive manufacturing (AM) standards and specifications.

  • Read more about America Makes Launches Effort to Define Additive Manufacturing Standards and Specifications

Obama Administration Announces $66M via POWER Initiative

Thursday, March 24, 2016

In partnership with the Appalachian Regional Commission (ARC), the Economic Development Administration (EDA) announced the availability of $65.8 million in new funding through the Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) initiative.

  • Read more about Obama Administration Announces $66M via POWER Initiative

UF, Philanthropies Announce $3M for Engineering Extension in Sarasota

Thursday, March 24, 2016

Despite its location more than 180 miles south of Gainesville, FL,  Sarasota County – which is far better known for its cultural and environmental amenities than industrial strength – will be home to the University of Florida’s first engineering extension office.

  • Read more about UF, Philanthropies Announce $3M for Engineering Extension in Sarasota

Majority of Startups Valued Over $1B Founded by Immigrants, Report Finds

Thursday, March 24, 2016

Earlier this month, SSTI highlighted recent research from the Information Technology and Innovation Foundation (ITIF) that detailed the critical role immigrants play in developing some of the most notable innovations in the U.S.

  • Read more about Majority of Startups Valued Over $1B Founded by Immigrants, Report Finds

Available Now! Making the Most of TBED IT Investments

Thursday, March 24, 2016

Last summer, SSTI and JumpStart Inc. conducted a survey of tech-based economic development (TBED) organizations on how groups use and invest in information technology tools. The goal of this survey was to gather a greater understanding of the basic challenges TBED organizations face with regard to information technology, as well as their self-identified strategic goals and whether they believe their IT spending priorities are helping them achieve these goals.

  • Read more about Available Now! Making the Most of TBED IT Investments

IL, MI Report Significant Uptick in University Economic Impact

Thursday, March 24, 2016

Illinois and Michigan are among the few states that support regular comprehensive examinations of the role higher education plays in the overall innovation economy. Organizations in both states recently completed studies on university-generated entrepreneurship, licensing, investment and employment, finding a steady rise in university economic impact over the past five years.  In both cases, the increase in university impact was linked to an expanding university role in supporting entrepreneurs and researchers.

  • Read more about IL, MI Report Significant Uptick in University Economic Impact

Alberta Shifts Economic Development Direction, Announces Investor Tax Credit

Thursday, April 21, 2016

Alberta’s provincial government has announced a significant shift in its approach to economic development, moving from a program it had created just last fall to provide $5,000 for each new job created to a broader range of initiatives supporting business incubators, investor tax credits, and industrial diversification.

  • Read more about Alberta Shifts Economic Development Direction, Announces Investor Tax Credit

Recent Research: Improving Recruitment/Retention Success with Elite Academic Life Scientists

Thursday, April 21, 2016

The National Science Foundation tells of a record number of doctorates awarded at the same time the American Association of University Professors (AAUP) reports opportunities to secure tenure-track positions continue to shrink, the State Higher Education Executive Officers Association points out state support for higher education remain

  • Read more about Recent Research: Improving Recruitment/Retention Success with Elite Academic Life Scientists

Do Benefits Outweigh Costs of the “Internet of Things”?

Thursday, April 21, 2016

The Internet of Things (IoT) is all the rage within the information and telecommunications sector and has both applications and implications for every aspect of your life.

  • Read more about Do Benefits Outweigh Costs of the “Internet of Things”?

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Recent news from SSTI Weekly Digest

Which states stand to benefit the most from the new Opportunity Zone criteria?

Thursday, November 6, 2025

Just 19% of the approximately 25,000 census tracts potentially eligible for Opportunity Zone (OZ) designation are “More likely to attract OZ investment, with larger impact,” per the Urban Institute’s new OZ Designation Tool.1 The majority (68%) of potentially eligible tracts were found to be “Less likely to attract OZ investment,” while the remaining 13% were determined likely to attract capital regardless of OZ designation.

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When disaster strikes, TBED initiatives are focusing on economic and social impacts 

Thursday, November 6, 2025

Disaster relief is not directly within the purview of technology-based economic development organizations. Nonetheless, disasters frequently impact the partners and constituents of TBED organizations and exacerbate the social determinants of economic growth. Therefore, teams of people from TBED organizations frequently choose to step up and step out of their economic development sphere and engage in societal recovery from disasters.

                                     

Roundup of 2025 off-year elections 

Thursday, November 6, 2025

This week’s 2025 off-year elections resulted in two new governors, solidified legislative Democratic majorities in New Jersey and Virginia, and the approval of significant ballot measures in California and Texas. While the gubernatorial campaigns centered on affordability and tapped into an electorate’s concerns about state and national economies, they also kick off speculation on the 2026 midterms.  

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