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Funding Higher Ed in the Post Recession Era: CO, TX and VA Offer Recommendations

Wednesday, November 10, 2010

With the end of federal stimulus funding for higher education on the horizon, states are considering proposals to retool current funding formulas for colleges and universities and looking to alternative funding sources to sustain their programs and services in the coming years. Ahead of the 2011 legislative session, groups commissioned by governors in Colorado and Virginia recommended a voter-approved tax and more stable funding streams from the state, respectively.

  • Read more about Funding Higher Ed in the Post Recession Era: CO, TX and VA Offer Recommendations

Seed Stage Angel Capital Becoming Scarce

Wednesday, November 10, 2010

Angel investors continue to move their focus from seed stage startups to later stage deals, according to recent analysis by the University of New Hampshire's Center for Venture Research. During the first half of 2010, 26 percent of angel capital was invested in seed and startup stage companies, down from 35 percent in 2009 and 45 percent in 2008. Meanwhile, overall angel funding fell to $8.5 billion, a 6.5 percent decrease from the first half of 2009.

  • Read more about Seed Stage Angel Capital Becoming Scarce

Solar Jobs Could Grow by 26 Percent, Solar Census Shows

Wednesday, November 10, 2010

U.S. jobs in solar energy could increase by 26 percent by this time next year, according to the first nationwide solar census from The Solar Foundation. The census estimates that there are currently 93, 000 solar workers in the U.S., and 50 percent of solar firms plan to add jobs in the next 12 months. Solar workers are defined as employees who spend more than 50 percent of their time supporting solar activities. Read the census at: http://www.thesolarfoundation.org.

  • Read more about Solar Jobs Could Grow by 26 Percent, Solar Census Shows

Useful Stats: Qualifying Therapeutic Discovery Project Grants and Credits by State, FY 2009-10

Wednesday, November 10, 2010

The Internal Revenue Service (IRS) has released the list of projects approved for Qualifying Therapeutic Discover Project grants and credits. Introduced in the Patient Protection and Affordable Care Act passed earlier this year, the program supports projects that show a reasonable potential to create new therapies, lower health care costs or advance the cause of curing cancer within the next 30 years. The credit or grant covers up to 50 percent of the cost of qualifying biomedical research at firms with no more than 250 employees.

  • Read more about Useful Stats: Qualifying Therapeutic Discovery Project Grants and Credits by State, FY 2009-10

TBED People

Wednesday, November 10, 2010

The Tennessee Biotechnology Association has changed their name to Life Science Tennessee.

Ann Arbor SPARK recently added Bill Mayer as director of their business accelerator team.

  • Read more about TBED People

Tech Talkin' Govs, Part I

Wednesday, January 7, 2009

SSTI's ninth annual Tech Talkin' Govs series highlights new and expanded TBED proposals from governors' state of the state, budget and inaugural addresses. The first installment of the series includes excerpts from New York and North Dakota.

  • Read more about Tech Talkin' Govs, Part I

Governor's Budget Continues Washington's Efforts in STEM Education

Wednesday, January 7, 2009

Many of Washington's programs aimed at enhancing the skills of educators in science, technology, education, and mathematics (STEM) fields will continue to receive state support in the coming biennium under Gov. Christine Gregoire's budget proposal - while other TBED initiatives did not fare as well.

  • Read more about Governor's Budget Continues Washington's Efforts in STEM Education

North Carolina Charts a New Innovation Framework

Wednesday, January 7, 2009

North Carolina is a nationally-recognized center for basic research due to its sustained investment in higher education and TBED-related projects.

  • Read more about North Carolina Charts a New Innovation Framework

Recent Research: Nanotech Safety, Risk and Accountability Issues Raised by National Academies

Wednesday, January 7, 2009

A recent assessment by the National Research Council (NRC) of  the National Nanotechnology Initiative's (NNI) Strategy for Nanotechnology-Related Environmental, Health, and Safety Research concluded the NNI's research plan does not provide a clear picture of the potential risks of nanotechnology, nor does the plan include adequate research goals and comprehensive research needs regarding nanotechnology-specific health and safety issues.The NRC's assessment finds the NNI's stra

  • Read more about Recent Research: Nanotech Safety, Risk and Accountability Issues Raised by National Academies

Useful Stats: Department of Energy R&D Obligations per State 2001-2005

Wednesday, January 7, 2009

Energy issues are anticipated to be a central focus of the Obama Administration. Its first budget request, expected in late February for FY 2010, will show if money for R&D will follow that focus. Which states stand to gain most from an increased emphasis on energy research?

  • Read more about Useful Stats: Department of Energy R&D Obligations per State 2001-2005

Tax Proposals Fail to Garner Much Support in Statewide Proposals

Wednesday, November 3, 2010

Voters disapproved of several tax-cutting measures appearing on statewide ballots across the nation — a good sign for states facing huge budget deficits. A proposal to roll back the sales tax from 6.25 percent to 3 percent failed to garner support in Massachusetts, saving the state's projected deficit from doubling in the next year, according to Stateline.org. Colorado voters also rejected tax-cutting measures, including an amendment to prohibit the state from borrowing.

  • Read more about Tax Proposals Fail to Garner Much Support in Statewide Proposals

Job Corner

Wednesday, November 3, 2010

The Board of Directors of the Oklahoma Manufacturing Alliance is seeking a new president who will play a leading role in developing strategy for modernizing Oklahoma's industrial base. The successful candidate will possess strong leadership skills, demonstrated administrative ability, entrepreneurial management skills, organizational awareness, political sensitivity, and the ability to establish rapport with numerous constituencies.

  • Read more about Job Corner

Six Themes That Make Next Week's SSTI Conference a "Can't Miss"

Wednesday, September 8, 2010

What are the steps in building a successful regional alliance?
How can my region benefit from the Obama administration's vision for innovation?
Where should I look for funding now with state budgets so tight?

  • Read more about Six Themes That Make Next Week's SSTI Conference a "Can't Miss"

North Dakota Surplus Prompts Additional Spending for TBED Initiatives

Wednesday, December 10, 2008
As governor of one of only a handful of states to project a surplus for the upcoming fiscal year, Gov. John Hoeven outlined additional funding for several initiatives supporting North Dakota's TBED strategy in the FY 2009-11 biennium. Investments centered on diversifying the state's economy through agricultural and energy research, 21st century workforce training, and higher education support in Science, Technology, Engineering and Mathematics (STEM) fields are prominent in the governor's budget recommendations.
  • Read more about North Dakota Surplus Prompts Additional Spending for TBED Initiatives

Useful Stats: Job Churning at Businesses with Fewer than Ten Employees by State, 2005

Wednesday, December 10, 2008

The U.S. Census Bureau has released a new data series tracking employment changes at the establishment level. This data allows users to track the expansion and contraction of employment within existing businesses and creation and destruction of jobs through the birth and death of firms. In addition, the Census Bureau has broken down the data by firm size, age, sector and state.

  • Read more about Useful Stats: Job Churning at Businesses with Fewer than Ten Employees by State, 2005

Governor Proposes $20.5M in Lottery Funds for Continuing Oregon Innovation Efforts

Wednesday, December 3, 2008

Gov. Ted Kulongoski unveiled his fiscal year 2009-11 recommended budget this week, highlighting the need for targeted investments in nanoscience, manufacturing, and renewable energy research based on recommendations developed by the Oregon Innovation Council.

  • Read more about Governor Proposes $20.5M in Lottery Funds for Continuing Oregon Innovation Efforts

SSTI's TBED Hall of Success goes LIVE!

Wednesday, December 3, 2008

Due to overwhelming interest, SSTI's first poster session, held at SSTI's 12th Annual Conference in Cleveland mid October, is now available online 24 hours a day - 7 days a week. You can view more than 35 posters celebrating why states, regions, universities and related organizations engage in technology-based economic development (TBED).

  • Read more about SSTI's TBED Hall of Success goes LIVE!

Annual Economic Impact of Biotechnology Exceeds $45 Billion in North Carolina

Wednesday, December 3, 2008

North Carolina's $1.2 billion dollar investment in bioscience over the past decade has helped to build a $45 billion dollar a year industry in the state, according to a new study released by the North Carolina Biotechnology Center. The report finds that North Carolina's bioscience employment numbers have grown 18.5 percent since 2001, the fastest in the nation.

  • Read more about Annual Economic Impact of Biotechnology Exceeds $45 Billion in North Carolina

Winners of i6 Challenge and Cluster Mapping Project Announced

Wednesday, September 29, 2010

Six teams were selected as winners of the i6 Challenge, a new innovation competition led by the U.S. Department of Commerce's Economic Development Administration (EDA), in partnership with the National Institutes of Health (NIH) and the National Science Foundation (NSF). The i6 Challenge seeks to identify and support the nation's best ideas for technology commercialization and entrepreneurship in six different regions of the country. The winning team from each region will receive $1 million from EDA to support their project and may be eligible for additional awards from NIH and NSF.

  • Read more about Winners of i6 Challenge and Cluster Mapping Project Announced

SBA Selects 10 Regional Efforts for Cluster

Wednesday, September 29, 2010

The Small Business Administration (SBA) announced the selection of 10 regional economic development and job creation efforts through a new pilot program, Innovative Economies, that supports small business participation in regional economic clusters. SBA's funding is designed to expand the opportunities and the role small businesses play in these regional collaborations. The awardees were selected from among 173 applicants. Awards went to organizations in: Alabama, California, Connecticut, Illinois, Michigan, Minnesota, Mississippi, North Carolina, Ohio and South Carolina.

  • Read more about SBA Selects 10 Regional Efforts for Cluster

SSTI Special Election Series: Governors Races 2010

Wednesday, September 29, 2010

With 37 governorships up for election in 2010, one thing is certain: Transitions in state and local economies are on the horizon. In a special series leading up to the November elections, SSTI is tracking news, reports, and analysis from the gubernatorial candidates to report on the most pressing issues for the tech-based economic development community. Over the next several weeks, we'll highlight announcements and campaign platforms from select states across the U.S. The first installment includes competing jobs plans in Iowa unveiled by incumbent Gov.

  • Read more about SSTI Special Election Series: Governors Races 2010

Michigan's Programs Having Significant Impact

Wednesday, September 29, 2010

Since 2006, Michigan's economic development programs designed to transition its economy from the traditional manufacturing-based economy to an economy driven by clusters of innovative manufacturers and service providershave led to more than 24,407 direct and indirect jobs created or retained, the creation of approximately 1,500 new companies and almost 900 patents.

  • Read more about Michigan's Programs Having Significant Impact

U.S. Entrepreneurial Performance Remains Strong

Wednesday, September 29, 2010

The United States finished third out of 71 countries in entrepreneurship on the Global Entrepreneurship and Development Index (GEDI) according to a report commissioned by the SBA's Office of Advocacy. Denmark and Canada, respectively, were first and second due to strong scores across the three sub-indexes (i.e., Attitude, Activities, Aspirations). ). The U.S. finished first in the entrepreneurial aspiration sub-index but lagged behind in entrepreneurial attitude (6th) and activities (8th). The authors —Zoltan J.

  • Read more about U.S. Entrepreneurial Performance Remains Strong

White House Challenges to Entrepreneurs, Innovators and Citizen Solvers to tackle Nation's Tough Issues

Wednesday, September 29, 2010

In an attempt to solve the nation's challenges, the Obama administration recently launched challenge.gov. Challenge.gov — a prize platform that cultivates social problem solving — provides Americans with the opportunity to participate in federal government challenges. For their efforts, entrepreneurs, innovators and citizen solvers will be rewarded with prizes and recognition for solving tough problems. In the future, the site will promote and publish challenges from all the federal agencies.

  • Read more about White House Challenges to Entrepreneurs, Innovators and Citizen Solvers to tackle Nation's Tough Issues

Job Corner

Wednesday, September 29, 2010

The Baton Rouge Area Chamber seeks an executive director for its Regional Innovation Organization (RIO). The desired candidate will be a dynamic, visionary, and entrepreneurial leader who will launch a new regional acceleration entity that will lead entrepreneurial development in the Baton Rouge area. The individual will have direct responsibility for developing programming and capacity to support best-in-class business acceleration services that prepare companies for rapid growth in the region.

  • Read more about Job Corner

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Recent news from the SSTI Digest

The state of US venture capital investment in four charts. How might your innovation startups fare if investment trends hold?

Thursday, January 15, 2026

With 2025 behind us, and some time for the data to stabilize, we can look back at VC activity and try to understand what it means for TBED efforts going forward. The VC storyline of 2025 should be familiar to anyone who has been following investment news. Record funding rounds, huge amounts of capital deployed, questions of an AI bubble. Where amongst the big flashy lights of AI mega-deals do we find the subtlety and nuance that informs TBED investor activity and policy?

venture capital
startups

FSGG appropriations language favors innovation programs

Thursday, January 15, 2026

The Financial Services and General Government appropriations bill for FY 2026 passed the House of Representatives yesterday and now moves to the Senate where passage is also expected. The bill sets spending levels for several agencies supporting regional innovation, economic development, and investment. Foremost are the Treasury and Small Business Administration; selected highlights are provided below.

fy26budget
sba
cdfi
higher ed

New benchmarking tool illuminates how AI is accelerating job market changes

Thursday, January 15, 2026

All too often, jobseekers and employers seem to exist in non-compatible realities. While jobseekers flood the job market with descriptions of their generalized skills in communication, leadership, and problem-solving to fill various roles in different sectors, employers are looking for the more specific skills that will get the job done, say the authors of a report from the Wharton School and Accenture. And they propose that AI is accelerating this shift from a role-based economy to a skills-based economy.

AI
jobs
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