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National Bioeconomy Blueprint Calls for More Research Prizes, Collaborations

Wednesday, May 2, 2012

Last week, the White House released a comprehensive national strategy to guide federal investments and collaborations with the private sector in the life sciences. The National Bioeconomy Blueprint identifies five strategic objectives that will inform administration efforts to boost the bioeconomy. Key among these objectives is the expansion of foundational, cross-disciplinary research, which will require improved funding mechanisms that are flexible enough to support many kinds of collaborations and that encourage high-risk/high-reward research.

  • Read more about National Bioeconomy Blueprint Calls for More Research Prizes, Collaborations

NSF Analyzes Federal Funding for R&D from 2008 to 2010

Wednesday, April 18, 2012

The National Science Foundation (NSF) released a report on federal research and development (R&D) spending — Federal Funds for Research and Development: Fiscal Years 2008–10. It percents data collected from NSF surveys sent to all 27 federal agencies that were conducting R&D programs in early 2008. Total R&D spending is reported as both outlays and obligations for those three fiscal years (FY). In this report, the basis for reporting is determined by fiscal year:

  • Read more about NSF Analyzes Federal Funding for R&D from 2008 to 2010

Report Examines Economic Impact of IP in the U.S. Economy, USTPO Releases IP Assessment Tool

Wednesday, April 18, 2012

Intellectual property-intensive industries contribute approximately $5 Trillion to U.S. Economy and at least 40 million jobs, according to a new U.S. Patent and Trademark Office (USPTO) report — Intellectual Property and the U.S. Economy: Industries in Focus. The report highlights 75 industries that use several forms of intellectual property (IP) protections (i.e., patents, copyrights and trademarks) most extensively. Using several economic impact indicators, the authors found that these industries were key drivers of the U.S. economy in 2010 including:

  • Read more about Report Examines Economic Impact of IP in the U.S. Economy, USTPO Releases IP Assessment Tool

State Tax Revenues Rise to Pre-Recession Levels, but Local Governments See Decline

Wednesday, April 25, 2012

A steady increase in personal income and sales taxes has helped state tax revenue in most states to surpass previous peak levels seen at the start of the recession. All regions of the country saw gains in the fourth quarter of 2011, with the exception of the Far West. The Plains had the largest gain, at 12.5 percent, followed by the Great Lakes states at 8.9 percent. However, tax collections for local governments are not faring as well mostly due to the lagged impact of falling housing prices on property tax collections. Findings are from a recent Nelson A.

  • Read more about State Tax Revenues Rise to Pre-Recession Levels, but Local Governments See Decline

Talent Will Define Future of Manufacturing, Study Finds

Wednesday, April 25, 2012

Talented human capital is singled out as the most critical resource differentiating the prosperity of countries and companies in the manufacturing sector, according to a new report from the World Economic Forum. Even as unemployment remains high across the globe, an average 10 million jobs cannot be filled because of a growing skills gap. Experts say the problem is likely to worsen as more skilled workers retire. The report highlights key trends that will define manufacturing competition over the next 20 years.

  • Read more about Talent Will Define Future of Manufacturing, Study Finds

Around the World in TBED

Wednesday, April 25, 2012

Innovation quickly is becoming the key phrase for the world’s economies. Increasingly nations are turning their economic development efforts towards building 21st century economies that are cleaner, more efficient and built on collaboration, both domestically and internationally. The European Union, New Zealand, South Korea and the United Kingdom have announced new initiatives that target increasing their overall competiveness not simply in the short-term, but long-term. 

United Kingdom

  • Read more about Around the World in TBED

Recent Research: Can Women Entrepreneurs Help Overcome Decline in U.S. Business Creation?

Thursday, December 4, 2014

The U.S.s entrepreneurial culture, long celebrated as a key element in the country’s economic success, is being threatened by several long-term trends, according to a paper from the Brookings Institution’s Robert Litan and Ian Hathaway. Over the past 30 years, U.S. business starts have slid downward, with many experts and policymakers offering their own explanations for the trend. Litan and Hathaway examine the data and note two possible causes: regional population decline and business consolidation.

  • Read more about Recent Research: Can Women Entrepreneurs Help Overcome Decline in U.S. Business Creation?

Around the World in TBED

Thursday, December 4, 2014

Around the world, national governments are working to cultivate their innovation economies and increase their global competiveness by creating and increasing support for government-led initiatives. Leaders of advanced economies recognize that their positions as global leaders face a murky future due to the emergence of new economies. In turn, officials from emerging economies realize that supporting innovation is necessary for their economies to continue their rapid growth.

  • Read more about Around the World in TBED

VA Gov Launches Initiative to Boost Bioscience Innovation and Entrepreneurship

Thursday, December 11, 2014

Gov. Terry McAuliffe hopes to increase the commonwealth’s profile in the global life sciences industry through his recently launched Virginia Bioscience Initiative. The initiative will develop cross-agency linkages, as well as public-private partnerships, to support entrepreneurs, use big data to drive new discoveries and speed the commercialization of new technologies. Gov.

  • Read more about VA Gov Launches Initiative to Boost Bioscience Innovation and Entrepreneurship

Join More Than 60 Organizations in Supporting the Regional Innovation Program

Thursday, August 7, 2014

More than 60 organizations have signed on to an SSTI-initiated letter urging Congressional leaders to fund the Regional Innovation program at $20 million for FY2015. The Regional Innovation Program was authorized under the American COMPETES Act and is designed to provide funding to support regional innovation activities. The program received its first funding of $10 million in FY2014, and the solicitation for that funding is expected to be issued any day. The Senate has approved $20 million for the program for FY2015, while the House did not provide any funding for the program.

  • Read more about Join More Than 60 Organizations in Supporting the Regional Innovation Program

White House Announces Commitments to Computer Science Education

Thursday, December 11, 2014

This week marks 2014 Computer Science Education Week, the Obama administration’s call to the education, business, foundational, and nonprofit communities to help support and expand access to computer science education in American schools. On Monday, the administration announced several commitments aimed at providing millions of additional students with computer since education, including:

  • Read more about White House Announces Commitments to Computer Science Education

President Obama Announces Competitions for Two Manufacturing Innovation Hubs

Thursday, December 11, 2014

President Obama has announced two new competitions for manufacturing innovation hubs as Congress debates whether or not to fund a national network of innovation institutes (see related article). The first hub would foster research and commercialization collaborations around smart manufacturing for the Department of Energy. The second would develop flexible hybrid electronics technology at the Department of Defense.

  • Read more about President Obama Announces Competitions for Two Manufacturing Innovation Hubs

Labor Department to Award $100M to Expand High-Tech, High-Demand Industry Apprenticeships

Thursday, December 11, 2014

Labor Secretary Thomas Perez announced details of a new $100 million grant competition to expand apprenticeship opportunities in high-growth industries. The program will specifically target industries that are using H-1B visas to hire foreign workers.  By investing in collaborative efforts around the country, officials hope the program will help develop clear career pathways through apprenticeship, particularly for underrepresented populations.

  • Read more about Labor Department to Award $100M to Expand High-Tech, High-Demand Industry Apprenticeships

Regional Innovation Included in FY15 Bill; 254 Applications Received for FY14 Competition

Thursday, December 11, 2014

Included in the continuing resolution/omnibus spending bill for FY15 is $10 million for the Regional Innovation program. The Regional Innovation Program was authorized under the American COMPETES Act and is designed to provide funding to support regional innovation activities. The program received its first funding of $10 million in FY14 after extensive work on the Hill by SSTI, its members and others.

  • Read more about Regional Innovation Included in FY15 Bill; 254 Applications Received for FY14 Competition

Mid-Session Update on State TBED Proposals

Wednesday, March 7, 2012

As many states near the mid-point of their 2012 legislative sessions, we thought it would be a good time to take a look at some of the bills advancing in statehouses that could impact states' efforts to improve economic conditions. Several states are seeking to advance access to capital initiatives as they continue to struggle with declining revenue and tight credit restrictions. The following overview provides a sampling of TBED bills supporting access to capital, R&D enhancements and higher education standards.

Providing Access to Capital

  • Read more about Mid-Session Update on State TBED Proposals

MaRS Launches Canada's First Early Stage Clean Tech Venture Fund

Wednesday, March 28, 2012

MaRS Discovery District, Toronto's innovation and entrepreneurship center, has launched a $30 million early stage clean tech fund, the first of its kind in Canada. This week, the group announced that it had raised its fundraising goal entirely from private sources, and that released information about its first two investments. The MaRS Cleantech Fund LP portfolio companies will be encouraged to seek maximum support from MaRS. Read the announcement... Interested in how U.S. states and regions are catalyzing clean tech innovation?

  • Read more about MaRS Launches Canada's First Early Stage Clean Tech Venture Fund

Chicago Economic Plan Emphasizes Advanced Manufacturing

Wednesday, February 29, 2012

his week Chicago mayor Rahm Emanuel released the first draft of a long-term plan for the city's economic growth and job creation. The plan provides ten over-arching strategies to guide Chicago's economic development efforts, the first of which is a focus on advanced manufacturing. The plan also calls on the city to support entrepreneurship and innovation in emerging technology sectors.

  • Read more about Chicago Economic Plan Emphasizes Advanced Manufacturing

Pair of Reports Outline Actions for States to Accelerate Entrepreneurship

Wednesday, February 29, 2012

By reducing legal and regulatory barriers to startups, states can harness the power to encourage the formation and growth of new companies, find two recent reports from the Kauffman Foundation. The reports were issued in conjunction with Kaufmann's third annual State of the Entrepreneurship address and call for state level initiatives and policy recommendations that have shown preliminary success but have yet to be widely adopted.

  • Read more about Pair of Reports Outline Actions for States to Accelerate Entrepreneurship

SBA Seeks Input on Phase III SBIR/STTR Awards; GAO Reviews VC-Backed SBIR Awardees

Wednesday, December 3, 2014

The Small Business Administration (SBA) released a request for information (RFI) on revisions to two key areas of the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) policy directives: SBIR/STTR Phase III policy; and, SBIR/STTR data rights.

  • Read more about SBA Seeks Input on Phase III SBIR/STTR Awards; GAO Reviews VC-Backed SBIR Awardees

Useful Stats: Canadian Patent Applications per Capita, by Province

Thursday, December 4, 2014

With the hopes of better understanding which policy environments encourage and support innovation, new research  from the C.D. Howe Institute, a Canadian public policy thinktank, examines which sectors and provinces drive Canadian patent intensity.

  • Read more about Useful Stats: Canadian Patent Applications per Capita, by Province

Federal Lab Consortium Launches Interactive Tool for Businesses

Thursday, December 4, 2014

Last week, the Federal Laboratory Consortium for Technology Transfer (FLC) announced the launch of FLCBusiness, an all-inclusive search database that shares information about funding, equipment, know-how, and resources available from the federal lab network for private and public utilization.

  • Read more about Federal Lab Consortium Launches Interactive Tool for Businesses

DHS Details Immigration Policy Changes for Foreign Students, Researchers, Entrepreneurs

Thursday, December 4, 2014

As part of President Obama’s recent executive order on immigration, the Department of Homeland Security (DHS) recently issued a number of new policies and regulations intended to capitalize on the skills of foreign workers, researchers and students. The White House Office of Science and Technology Policy published an explanation of how the new rules will also be used to attract immigrant entrepreneurs through two new pathways to legal residency.

  • Read more about DHS Details Immigration Policy Changes for Foreign Students, Researchers, Entrepreneurs

Oregon, North Dakota Budgets Include Funds for TBED

Thursday, December 4, 2014

This week, governors in Oregon and North Dakota released their budget proposals for the upcoming budget cycle. Although the budgets differ in both size and scope, education, workforce development, and other programs related to technology-based economic development are set to receive considerable amounts of state funding.

  • Read more about Oregon, North Dakota Budgets Include Funds for TBED

SEC Small Business Forum Focuses on Secondary Market Liquidity, Accredited Investor Definition

Wednesday, December 3, 2014

On November 20, the Securities Exchange Commission (SEC) held its annual Government-Business Forum on Small Business Capital Formation. During the daylong event, panelists focused on two important issues – secondary market liquidity for securities of small businesses and the potential revision of accredited investor definition.

  • Read more about SEC Small Business Forum Focuses on Secondary Market Liquidity, Accredited Investor Definition

TBED People and Job Opportunities

Wednesday, August 4, 2010

Job Corner
i2E has three new career opportunities available in their Oklahoma City office. These positions are designed to work directly with entrepreneurs and grow the support infrastructure of early stage companies in the region.

The positions include:

  • Read more about TBED People and Job Opportunities

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Recent news from the SSTI Digest

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?

recent research
r&d tax credits

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

Thursday, January 8, 2026

Higher Education R&D expenditures jumped 8%, or nearly $9 billion, from fiscal year (FY) 2023 to 2024, reaching an all-time high of over $117 billion, reveals new Higher Education R&D (HERD) survey data. The funding sources of HERD expenditures remain proportionally unchanged from the prior year, with all sources increasing, and the federal government ($5 billion) and institution funds ($2.5 billion) accounting for the largest dollar increases.

useful stats
higher ed
r&d

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. 

entrepreneurship
economic impact
tbed
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