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Award Winners Demonstrate TBED Success Stories

Wednesday, September 28, 2011

Now in its fifth year, SSTI's Excellence in TBED awards program has recognized 20 of the most effective, innovative and transferable initiatives for growing tech-based economies from across the country.

This year, six new programs will be crowned winners of this prestigious award, held as models of best practice worthy of emulation. Join your friends and colleagues for a special ceremony celebrating this outstanding achievement following our keynote speaker on Nov. 8. Our first ever recipient of the "Most Promising TBED Initiative" also will be announced.

  • Read more about Award Winners Demonstrate TBED Success Stories

Have You RSVP'd for the Conference?

Wednesday, September 28, 2011

You've registered for the conference; booked your travel and hotel; made sure your iPod is charged... but have you told your friends and colleagues you'll be attending SSTI's biggest event of the year?

Don't forget to RSVP and look for updates on our social media sites.

  • Read more about Have You RSVP'd for the Conference?

Don't Miss the Ohio Early Stage Summit VIII, Immediately Following the Conference

Wednesday, September 28, 2011

This year SSTI is linking with the Ohio Early Stage Summit to offer the unique opportunity for attendees to maximize their time by attending two conferences, three receptions and endless networking opportunities in just three short days and all in the same location.

  • Read more about Don't Miss the Ohio Early Stage Summit VIII, Immediately Following the Conference

Renée Winsky Elected to SSTI Board of Trustees

Wednesday, September 28, 2011

Renée Winsky, chief executive officer of the Technology Council of Maryland (TCM), has been elected to the board of trustees of SSTI. Prior to joining TCM in 2009, Winsky served as the president and executive director of the Maryland Technology Development Corporation. An SSTI member since 1999, Winsky has been a speaker at SSTI conferences and accepted the 2008 Excellence in TBED award for Commercializing Research Category on behalf of the Maryland Technology Transfer Fund.

  • Read more about Renée Winsky Elected to SSTI Board of Trustees

Obama Administration Outlines Design of National Network for Manufacturing Innovation

Wednesday, January 16, 2013

This week, the National Science and Technology Council (NSTC) released its plan to implement the national network of manufacturing institutes announced by President Obama last March (see the March 14, 2012 issue of the Digest). The institutes would serve as regional hubs of innovation and help to accelerate the development and adoption of new manufacturing technologies. Under the newly released plan, each of the institutes would be led by U.S.

  • Read more about Obama Administration Outlines Design of National Network for Manufacturing Innovation

EDA Announces Winners of $37M Clusters Initiative

Wednesday, September 21, 2011

The U.S. Economic Development Administration (EDA) announced the 20 winners of the $37 million Jobs and Innovation Accelerator Challenge. The multi-agency competition will support cluster-based, regional initiatives to spur job creation and economic growth. Descriptions of all 20 winning projects are available on the EDA site. Read the announcement...

  • Read more about EDA Announces Winners of $37M Clusters Initiative

New Milwaukee Initiative Intends to Connect Design Talent with Manufactures

Wednesday, September 21, 2011

The Greater Milwaukee Committee (GMC) announced Innovation in Milwaukee (MiKE) — a new $500,000 initiative designed to align southeastern Wisconsin's global and advanced manufacturers with the region's design, technology and innovation companies. MiKE will be built around three core elements:

  • Read more about New Milwaukee Initiative Intends to Connect Design Talent with Manufactures

New ITIF Report Benchmarks National Policies and Programs Supporting Manufacturers

Wednesday, September 21, 2011

The Information Technology & Innovation Foundation (ITIF) released International Benchmarking of Countries' Policies and Programs Supporting SME Manufacturers — a new report that identifies and analyzes manufacturing support programs and practices for small- and medium-sized enterprises (SMEs) that have been implemented in ten foreign countries (i.e., Argentina, Australia, Austria, Canada, China, Germany, Japan, Korea, Spain and the United Kingdom), in addition to those of the United States. The authors, Stephen Ezell and Robert D.

  • Read more about New ITIF Report Benchmarks National Policies and Programs Supporting Manufacturers

TBED People and Job Opportunities: Job Corner

Wednesday, September 7, 2011

The University of Kansas' Center for Technology Commercialization is seeking a director that will be responsible for effectively managing faculty-generated intellectual property across all the University of Kansas campuses and deploying it for the greater social good.

  • Read more about TBED People and Job Opportunities: Job Corner

Senate Approves Patent Overhaul

Wednesday, September 14, 2011

This week, the U.S. Senate passed the Leahy-Smith America Invest Act, representing a major overhaul of the U.S. patent system. The legislation would make a number of changes to the current patent regime, including the shift to a "first-to-file" system. Under this system, the right to a patent would be granted to the first party to file a patent application for the protection of their invention. In addition, the legislation would adjust the fee structure for the evaluation process and create a new fee category for low-income applicants.

  • Read more about Senate Approves Patent Overhaul

White House and SBA Release Startup America "Progress Reports"

Wednesday, September 14, 2011

The White House released a "progress report" for Startup America—a White House and interagency initiative to "celebrate, inspire and accelerate high-growth entrepreneurship throughout the nation." The report looks at public and private sector commitments in several key areas that will improve the environment for high-growth entrepreneurship. The report also provides status updates for current and future Startup America related initiatives.

  • Read more about White House and SBA Release Startup America "Progress Reports"

Two Reports Identify Barriers to U.S. Competitiveness

Wednesday, September 14, 2011

Last week, the World Economic Forum released its annual Global Competitiveness Report, and once again, the U.S. fell in the rankings one more position to fifth place, representing a four-year decline from fourth place in 2010-11, second place in 2009-2010 and first place in 2008-2009. Switzerland held the number one spot for the second year in a row. The report indicates that while many structural features continue to make the U.S.

  • Read more about Two Reports Identify Barriers to U.S. Competitiveness

Despite Economic Troubles, Public Remains Committed to Manufacturing Sector

Wednesday, September 14, 2011

Most American (86 percent of survey respondents) believe manufacturing is "either important" or "very important" to our national economy, according to a new survey from the Manufacturing Institute and Deloitte. Topped only by the energy industry, manufacturing finished as the second most important industry to the national economy.

  • Read more about Despite Economic Troubles, Public Remains Committed to Manufacturing Sector

U.S. Manufacturing at a "Moment of Truth," According to New Booz & Co. Study

Wednesday, August 24, 2011

The U.S. stands at "moment of truth" regarding its manufacturing sector, according to a new study by Booz & Co. and the University of Michigan's Tauber Institute for Global Operations, Manufacturing's Wake-up Call. If neglected, the sector's output could fall by half in the coming years. If "a series of identifiable smart actions and choices" are made, U.S. manufacturing could produce 95 percent of all product consumed by the nation. The study points out three significant findings regarding the current and future state of U.S.

  • Read more about U.S. Manufacturing at a "Moment of Truth," According to New Booz & Co. Study

President Announces Capital Initiatives for Rural Small Businesses

Wednesday, August 17, 2011

Speaking during a Rural Economic Forum at Northeast Iowa Community College in Peosta, IA, President Obama announced several new initiatives to promote economic growth in rural areas, including two new capital programs. The Small Business Administration (SBA) will partner with USDA to double its current rate of investment in rural small businesses to $350 million over the next five years. This will be accomplished through SBA's Impact Investment Fund.

  • Read more about President Announces Capital Initiatives for Rural Small Businesses

Treasury Approves $360M for State Small Business Lending

Wednesday, August 17, 2011

The U.S. Department of Treasury has released details on its latest funding approvals from the State Small Business Credit Initiative (SSBCI). Eleven states, and Washington, D.C., are slated to receive a portion of the $360 million that will be used to expand state small business lending and capital programs. In order to qualify, states must demonstrate that their relevant programs will generate at least $10 in new private lending for every $1 in federal funding.

  • Read more about Treasury Approves $360M for State Small Business Lending

TBED People

Wednesday, August 17, 2011

E. William (Bill) Colglazier, recently retired executive officer of the National Academy of Sciences and the National Research Council, has been selected the Science and Technology Advisor to Secretary of State Hilary Clinton.

  • Read more about TBED People

SSTI's Interview with Randy Berridge of the Florida High Tech Corridor Council

Wednesday, August 17, 2011
 
“You've got to have a commitment to and a track record of willingness to be an aggressive partner with companies in your region.”
  • Read more about SSTI's Interview with Randy Berridge of the Florida High Tech Corridor Council

NJ Commits $450,000 to New Technology Accelerator Program

Thursday, August 11, 2011

The New Jersey Economic Development Agency currently is accepting comments from the state's science and technology (S&T) community on the development and implementation of a new "technology accelerator program." The mentor-based program is intended to create a competitive environment for S&T companies and entrepreneurs to showcase their products, ideas and business acumen for an opportunity to receive funding.

  • Read more about NJ Commits $450,000 to New Technology Accelerator Program

NSF Awards $27.5M for Social-Environmental Research Center

Thursday, August 11, 2011

The National Science Foundation (NSF) has announced a $27.5 million, five-year grant to the University of Maryland for a multi-disciplinary research center focused on the interplay of human activity and healthy ecosystems. The grant is the largest ever received by the university and will provide funds for research in environmental sciences, public policy, engineering, computer science and economics.

  • Read more about NSF Awards $27.5M for Social-Environmental Research Center

Women Still Make Up Small Portion of STEM Workforce A Decade Later

Thursday, August 11, 2011

Women are still vastly underrepresented in science, technology, engineering and mathematics (STEM) jobs and have been for the past decade, even as their share of the college-educated workforce has increased, finds a new report from the Commerce Department's Economic and Statistics Administration. Women occupy only 24 percent of STEM jobs today, compared to 48 percent of all jobs, and although the gender wage gap is smaller (14 percent in STEM fields compared to 21 percent in non-STEM occupations), a clear gender disparity exists nonetheless.

  • Read more about Women Still Make Up Small Portion of STEM Workforce A Decade Later

Kiva's New Initiative brings Microloans to U.S. Small Business in Cities of "Need"

Thursday, August 11, 2011

The Kiva City program will extend small business access to microloans in U.S. cities facing the greatest small business stress. Kiva, a nonprofit organization, offers personal microlending services. Building upon Kiva's Internet-based lending model, the goal of the Kiva City program is to spur job growth and economic recovery through microfinance by building connections between Kiva's global network of 592,000 individual lenders and small business owners across the country.

  • Read more about Kiva's New Initiative brings Microloans to U.S. Small Business in Cities of "Need"

Rhode Island Improves Economic Strength in Second Annual Benchmark Study

Wednesday, November 14, 2012

Rhode Island has released its 2012 Benchmarking the Rhode Island Knowledge Economy, a follow-up to the inaugural report published last year. Produced by the Greater Providence Chamber of Commerce and Rhode Island Science & Technology Advisory Council, Benchmarking is a comprehensive report of the state's innovation capacity and a method of measuring over time Rhode Island's innovation economy in comparison to the region and the country.

  • Read more about Rhode Island Improves Economic Strength in Second Annual Benchmark Study

No Farm Bill Means Less Ag Innovation, Rural Development

Wednesday, November 28, 2012

Based on scant column inches on the topic in blog posts and newsletters, few within the general economic development and innovation circles seem to have noted what expiration of the Farm Bill could mean for agricultural research, energy innovation and rural economic development. Programs supporting regional innovation strategies and R&D grants are caught in the debate over cuts to food stamps, crop subsidies and farmers' safety net after disasters like the nearly nationwide drought of this past summer.

  • Read more about No Farm Bill Means Less Ag Innovation, Rural Development

Details Emerge on How New York's Regional Councils will Operate

Wednesday, August 3, 2011

The 10 regional councils established earlier this year to stimulate economic development and improve the business climate statewide are tasked with five primary responsibilities, and can compete for funding from a pool of $1 billion to support projects they determine to be a part of their regional strategy. Gov. Andrew Cuomo recently unveiled a blueprint for how the councils will operate with information regarding resource allocation, structure and leadership, and performance measurement.

  • Read more about Details Emerge on How New York's Regional Councils will Operate

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Recent news from the SSTI Digest

Recent Research: National industrial policy to reshore US manufacturing can yield positive local effects

Thursday, March 12, 2026
Three academic researchers estimate that the localized job creation impacts resulting from the CHIPS and Science Act already have had a net gain of 12% in the affected counties. The direct jobs in the semiconductor sector alone are 15,000-16,000 short-term positions. With the high-paying nature of jobs in the field, researchers Bilge Erten, Joseph E. Stiglitz, and Eric Verhoogen estimate that, as a spillover effect, 15,000 to 30,000 additional indirect jobs have been created in related sectors.
manufacturing
CHIPS and Science Act

Useful Stats: Sectoral contributions to county GDP

Wednesday, March 11, 2026
Policymakers should be interested in which sectors are present in their region to ensure TBED investments and workforce priorities can have the greatest impact. Exploring gross domestic product (GDP) at the county level offers a detailed look at the economic output of sectors and how they shape local economies. At the county level, data for smaller or more rural counties may reveal nuances invisible when looking broadly at entire MSAs or states, particularly for those areas with lower populations.
useful stats
gdp
manufacturing

National VC trends and which states are bucking them

Wednesday, March 11, 2026
National VC investment over the past five years has seen significant swings, first driven by pandemic impacts and rebounds, then by the rocket ride of AI. According to PitchBook data, national VC activity below $100 million declined from nearly 10,500 deals in 2020 to just under 8,200 in 2025, a 22% drop. Over the same period, the total capital invested increased by just over $5 billion (6%). The trend of more funding into fewer deals is highlighted by the median deal size more than doubling to over $4 million (Fig 1). These macro trends are important as they set the stage for what is happening at the state level. 
venture capital
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