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‘Economic Development’ Most Mentioned Topic in Mayoral State of City Speeches

Thursday, July 21, 2016

A recently released analysis of mayoral State of the City addresses finds that economic development was the most frequently mentioned topic in such speeches for the third straight year. The National League of Cities’ (NLC) State of the Cities 2016 report reviews speeches from 100 mayors across the United States and in cities with populations ranging from 50,000 to more than 300,000. Economic development was mentioned in 75 percent of mayoral speeches, making it the biggest issue on mayors’ agenda – ahead of public safety (70 percent) and city budgeting (52 percent) – according to a NLC press release.

  • Read more about ‘Economic Development’ Most Mentioned Topic in Mayoral State of City Speeches

VA Expands Registered Apprenticeships to Cybersecurity Careers

Wednesday, July 13, 2016

In June, Virginia Gov. Terry McAuliffe announced that Virginia businesses can offer registered apprenticeships to individuals in three cybersecurity occupations – Information Security Analyst; Cyber Security Analyst; and, Incident Response Analyst. The Virginia Apprenticeship Council approved the three new registered apprenticeships as well as the criteria that registered apprentices in cybersecurity must learn and demonstrate through the program for the necessary proficiency in the cybersecurity field.

  • Read more about VA Expands Registered Apprenticeships to Cybersecurity Careers

Growth in Global Accelerator Industry Prompts Characterization, Evaluation

Thursday, July 14, 2016

Around the world, accelerator programs continue to multiply, prompting the need for continued research on what they are, how they operate, and how they can be evaluated. The Global Accelerator Report 2015, recently released by Gust and Fundacity, highlights the global development of the accelerator industry and includes details on how accelerators are funded and insights into the industry’s future.

  • Read more about Growth in Global Accelerator Industry Prompts Characterization, Evaluation

Beyond Unicorns: First Six Months of 2016 Raise Concerns About Availability of VC Funding

Thursday, July 14, 2016

At the end of 2015, there were concerns that the Venture Capital (VC) industry had peaked and there would be a quick return to 2013 VC investment levels.

  • Read more about Beyond Unicorns: First Six Months of 2016 Raise Concerns About Availability of VC Funding

Indiana Governor Announces Plan to Advance Innovation, Entrepreneurship

Thursday, July 14, 2016

Indiana Gov. Mike Pence announced plans to invest $1 billion over the next 10 years to advance innovation and entrepreneurship in the state, and to ensure the Hoosier State plays a leading role in solving 21st century challenges, while supporting Indiana’s long-term economic growth, job creation and talent attraction.

  • Read more about Indiana Governor Announces Plan to Advance Innovation, Entrepreneurship

Tech Workers Increasingly Attracted to Affordable Markets With Growing Tech Presence

Thursday, July 14, 2016

Skilled technology workers are gravitating toward cities where the cost of living is lower and more jobs are available, according to real estate research firm CBRE's annual Scoring Tech Talent report, a ranking of 50 U.S. and Canadian markets based on their perceived ability to attract and grow tech talent.

  • Read more about Tech Workers Increasingly Attracted to Affordable Markets With Growing Tech Presence

NSF Releases Five-Year Investment Framework for Graduate Education

Wednesday, July 13, 2016

The National Science Foundation (NSF) released its Strategic Framework for Investments in Graduate Education for FY 2016-FY 2020 that addresses NSF’s goals in supporting graduate education and formulates a set of strategic objectives to meet those goals by 2020. The three goals outlined by NSF include:

  • Read more about NSF Releases Five-Year Investment Framework for Graduate Education

NSF Announces $10M to Support Commercialization of NSF-Funded Research

Wednesday, July 13, 2016

The National Science Foundation (NSF) announced approximately $10 million in new funding through its Partnerships for Innovation (PFI) program. The PFI program offers NSF-funded researchers at institutions of higher education opportunities to connect new knowledge to societal benefit through translational research efforts and/or partnerships that encourage, enhance, and accelerate innovation and entrepreneurship.

  • Read more about NSF Announces $10M to Support Commercialization of NSF-Funded Research

Manufacturing Org Launches National Effort Targeted at High School Students

Thursday, July 7, 2016

With the U.S. facing an anticipated skills gap of two million manufacturing jobs by 2025, SME – a national manufacturing workforce development organization – launched the SME High School Membership program – a free online platform to “educate the next generation on the value of manufacturing and encourage careers in the field.” The new platform is the expansion of a pilot program that engaged more than 600 high school students via memberships, which included SME’s 16 PRIME (Partnership Response In Manufacturing Education) schools. Utilizing STEM Premier’s online platform, students can create a digital profile to showcase their skills and abilities; receive customized academic and career guidance; match up with $20 billion in scholarship opportunities; and, directly connect with colleges and companies looking to recruit.

  • Read more about Manufacturing Org Launches National Effort Targeted at High School Students

Angel Investors Were Selective in 2015’s Robust Angel Market, CVR Report Finds

Thursday, July 7, 2016

The angel investor market in 2015 had a slight increase in investment dollars and in the deal size according to a new report from the Center for Venture Research (CVR) at the University of New Hampshire.

  • Read more about Angel Investors Were Selective in 2015’s Robust Angel Market, CVR Report Finds

Senate Seeks Declining Startups’ Causes, Solutions

Thursday, July 7, 2016

The Senate Committee on Small Business and Entrepreneurship held America Without Entrepreneurs: The Consequences of Dwindling Startup Activity last week. Citing the decades-long decline in new business creation as a motivating factor, senators’ remarks and questions identified regulation and student debt as contributing factors to this decline and to supporting basic research and immigration policy as potential solutions. The majority of the discussion focused on geographic disparities in innovation and how to better share the promise of economic prosperity going forward.

  • Read more about Senate Seeks Declining Startups’ Causes, Solutions

Join Exclusive Group of Economic Development Organizations, Applications Due Next Week!

Thursday, July 7, 2016

You talk about your program often, tout its successes (?) and share with stakeholders your program’s impact. Why not let the entire country in on your good work? The SSTI Excellence in TBED awards program can provide your organization with that national audience of your peers!

  • Read more about Join Exclusive Group of Economic Development Organizations, Applications Due Next Week!

Cities Launch Investment Funds to Become Hotbeds for Tech Activity, Improve Resident’s Quality of Life

Thursday, July 7, 2016

As the potential nexus of tech-based economic development and community development, cities play an important role in not only making their cities attractive to startups that help drive economic prosperity, but also in bringing together community members to take collective action and generate solutions to common problems. In an attempt to address both of these important issues, several metros have announced new city-backed investment funds that support both startup growth and impact the lives of city residents.

  • Read more about Cities Launch Investment Funds to Become Hotbeds for Tech Activity, Improve Resident’s Quality of Life

Report Examines Regional Differences in Post-Recession Income Inequality

Thursday, July 7, 2016

More than 85 percent of the nation’s total income growth between 2009 and 2013 went to the top 1 percent of earners, according to a recently released report from the Economic Policy Institute (EPI). Furthermore, the top 1 percent captured at least half of all income growth in 24 states between 2009 and 2013, and the entirety of income growth in 15 of those states during the same timeline.

  • Read more about Report Examines Regional Differences in Post-Recession Income Inequality

ARC, EDA Announce Nearly $65M in POWER Funds for Coal-Impacted Communities

Thursday, July 7, 2016

This week, the Appalachian Regional Commission (ARC) and the Department of Commerce’s Economic Development Administration (EDA) announced that FY 2016 funds for the Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) program are now available. Now in its second year, POWER is a multi-agency effort to invest federal economic and workforce development resources in communities and regions negatively impacted by changes in the coal economy.

  • Read more about ARC, EDA Announce Nearly $65M in POWER Funds for Coal-Impacted Communities

Clinton Innovation Agenda Addresses TBED Priorities

Thursday, June 30, 2016

The Clinton campaign released on Tuesday, Hillary Clinton’s Initiative on Technology & Innovation, a wide-ranging platform with a heavy emphasis on technology-based economic development.

  • Read more about Clinton Innovation Agenda Addresses TBED Priorities

Senate Commerce Committee Votes to Increase Regional Innovation Authorization

Thursday, June 30, 2016

The Senate Commerce Committee approved Wednesday the American Innovation and Competitiveness Act (AICA), a reauthorization of the America COMPETES Act. SSTI thanks Sen. Jerry Moran (R-KS) for his leadership in successfully offering an amendment to increase the authorization level for the Regional Innovation (RI) program to $30 million, which provides support for local innovation, entrepreneurship and economic growth. SSTI also recognizes Sen. Roy Blunt (R-MO) and Sen.

  • Read more about Senate Commerce Committee Votes to Increase Regional Innovation Authorization

Columbus – Home of SSTI’s 2016 Annual Conference – Designated ‘Smart City’ by USDOT

Thursday, June 30, 2016

Last week, the U.S. Department of Transportation announced that Columbus, home to SSTI’s 2016 Annual Conference, has won a $40 million grant from the agency, beating out five other cities in the Smart City Challenge.

  • Read more about Columbus – Home of SSTI’s 2016 Annual Conference – Designated ‘Smart City’ by USDOT

Federal Reserve: Latest Manufacturing Activity Varies by Region

Thursday, June 30, 2016

Each month, several Federal Reserve Banks post survey results for manufacturing activity within their districts. The June results for those released to date vary sharply by region.

  • Read more about Federal Reserve: Latest Manufacturing Activity Varies by Region

MEP Announces Competition for Operation of 11 MEP State Centers

Thursday, June 30, 2016

The National Institute of Standards and Technology’s Hollings Manufacturing Extension Partnership (NIST-MEP) released a federal funding opportunity (FFO) for the operation of MEP state centers in 11 states – Delaware, Hawaii, Iowa, Kansas, Maine, Mississippi, New Mexico, Nevada, North Dakota, South Carolina, and Wyoming.  The objective of the MEP Center program is to provide business and technical servi

  • Read more about MEP Announces Competition for Operation of 11 MEP State Centers

SSTI Excellence in TBED Awards Application Deadline Extended Until July 15, 2016!

Thursday, June 30, 2016

Deadline Extended Until July 15, 2016!

SSTI has extended the due date for SSTI Excellence in TBED Awards applications to July 15, 2016. We hope the extended time will help you perfect an organizational narrative that is worthy of national recognition. The application process is as simple as one, two, three:

  • Read more about SSTI Excellence in TBED Awards Application Deadline Extended Until July 15, 2016!

Recent Research: Hands-On STEM Research Experiences Game Changers for Freshmen

Thursday, June 30, 2016

In 2012, the President’s Council of Advisors on Science and Technology (PCAST) released Engage to Excel – a five point strategy to increase the STEM pipeline by an additional one million workers. To achieve this goal of one million additional STEM workers, PCAST highlighted the importance of freshman research experiences for STEM students.

  • Read more about Recent Research: Hands-On STEM Research Experiences Game Changers for Freshmen

University System of Maryland Announces New $25 Million Venture Capital Fund

Thursday, June 30, 2016

The University System of Maryland (USM) recently announced a $25 million fund to invest in USM-affiliated companies or startups created by students, faculty and recent graduates.  Companies already based in USM research parks or university incubators are also eligible for funding.

  • Read more about University System of Maryland Announces New $25 Million Venture Capital Fund

Winner of New Smart Manufacturing Innovation Institute, New MII Competitions Announced

Thursday, June 23, 2016

President Obama announced  the creation of the new Smart Manufacturing Innovation Institute (Smart MII) – a $140 million public-private partnership to develop smart sensors for use in advanced manufacturing. Headquartered in Los Angeles, CA, the Smart Manufacturing Leadership Coalition (SMLC) – a consortium of nearly 200 partners from academia and industry as well as nonprofit organizations – will lead the Smart MII.

  • Read more about Winner of New Smart Manufacturing Innovation Institute, New MII Competitions Announced

White House, Civic Partnerships Celebrate National Week of Making

Thursday, June 23, 2016

This week, the White House is celebrating its third National Week of Making – an important part of its Nation of Makers initiative that seeks to expand opportunities for students and adults to engage with the maker movement. In addition to numerous commitments and announcements made at federal agencies, several other projects rooted in strong partnerships were announced.

  • Read more about White House, Civic Partnerships Celebrate National Week of Making

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