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NIH Proposes New Therapeutic Development Center

Wednesday, December 15, 2010

The National Institutes of Health (NIH) is seeking input from the public and NIH staff on the proposed creation of a new center that would support translational science and consolidate several existing translational research programs. The National Center for Advancing Translations Sciences (NCATS) would support the development of therapeutics and clinical care from basic research discoveries.

  • Read more about NIH Proposes New Therapeutic Development Center

States Predicting Only Slight Improvement in 2011 Fiscal Conditions

Wednesday, December 8, 2010

Although fiscal year 2011 will present a slight improvement in state fiscal conditions, spending and revenue is unlikely to return to pre-recession levels for several years, according to the Fall 2010 Fiscal Survey of States. The loss of federal stimulus funds in 2012 will compound the problem and is anticipated to create significant gaps between current spending levels and total available funds in many states.

  • Read more about States Predicting Only Slight Improvement in 2011 Fiscal Conditions

TBED People

Wednesday, December 8, 2010

TBED People
Walter Bumphus has been named the next president and CEO of the American Association of Community Colleges. Bumphus currently serves as a professor in the Community College Leadership Program and chair of the Educational Administration Department at the University of Texas at Austin. Bumphus will begin his tenure with AACC in January.

  • Read more about TBED People

WA Legislature Dedicates Funds to Prepare Workers for Aerospace Jobs

Wednesday, April 18, 2012

The 2012 supplemental budget approved by Washington lawmakers includes funding for initiatives aimed at establishing a skilled workforce, enhancing competitiveness of existing industries and supporting university research to grow a strong aerospace cluster. The funding is part of a $9.8 million plan proposed by Gov. Chris Gregoire last year to enhance the state's education system in anticipation of new jobs in the aerospace sector (see the issue of the Nov. 16, 2011 issue of the Digest).

  • Read more about WA Legislature Dedicates Funds to Prepare Workers for Aerospace Jobs

Budgets Unveiled in Southern and Western States Maintain, Invest in TBED

Wednesday, December 1, 2010

Governors in Arkansas, Mississippi and Wyoming recently unveiled spending plans for the upcoming year or biennium. Funding for many tech-based investments would be maintained or increased under the governors' proposals. New proposals range from additional funds for energy research at the University of Wyoming to new funding mechanisms for colleges and universities in Mississippi. Funding for S&T efforts in Arkansas would remain level.

Arkansas

  • Read more about Budgets Unveiled in Southern and Western States Maintain, Invest in TBED

TBED People

Wednesday, December 1, 2010

TBED People
Anne Barth has been named the executive director of TechConnect West Virginia.

Joann Rockwell MacMaster has been appointed site director for the Arizona Center for Innovation at the UA Tech Park.

Catherine Renault resigned from her position as director of the Maine Office of Innovation effective December 3.

  • Read more about TBED People

Ohio State, Ohio University Establish $35 Million Venture Capital Fund

Wednesday, April 11, 2012

The Ohio State University and Ohio University announced a new $35 million venture capital fund to address the lack of critical, early stage funding for innovative technology ventures in the state. Ohio State will contribute $20 million and Ohio University will provide the remaining $15 million. The universities also committed to leveraging their resources and assets to support entrepreneurial activity and venture creation in Ohio. Read the press release...

  • Read more about Ohio State, Ohio University Establish $35 Million Venture Capital Fund

Maryland Fund Aims for 40 New Discoveries a Year

Wednesday, April 18, 2012

A new fund established to capitalize on Maryland's leadership in R&D seeks to move 40 new discoveries and innovations out of the lab and into the marketplace each year through a partnership between the state and five universities. The Innovate Maryland initiative is seeded with $5 million in the FY13 budget with additional funds from the participating universities to provide grants to researchers. The Maryland Technology Development Corporation (TEDCO) will administer the fund.

  • Read more about Maryland Fund Aims for 40 New Discoveries a Year

American Society of Artificial Internal Organs and the New Ventures Forum

Wednesday, November 17, 2010

ASAIO, the oldest society in the world focusing on medical devices, is seeking device developers who are early in development (pre-seed/seed stage funding) to submit abstracts to the New Ventures Forum (NVF). The NVF is based on a partnership between ASAIO and students from MIT Sloan School of Business that seeks to provide a forum for the presentation of next generation medical devices and a robust discussion of the commercialization challenges these technologies may encounter.

  • Read more about American Society of Artificial Internal Organs and the New Ventures Forum

Main Street Calls for Technology-based Economic Development, Report Indicates

Wednesday, November 10, 2010

Southerners voiced that focusing on innovation and technology-based business operations, supporting entrepreneurship, identifying community asset, developing skilled workforce and increasing community involvement in economic development strategies are vital for the South to recover from the current economic downtown according to a recent report — The Road to Recovery is Named Main Street — from the Southern Growth Policies Board. The report was assembled using comments of over 2,300 citizens from communities across the south.

  • Read more about Main Street Calls for Technology-based Economic Development, Report Indicates

National Broadband Adoption Stagnant, TechNet Finds

Wednesday, March 21, 2012

A new report from TechNet finds that on the two-year anniversary of the National Broadband Plan aimed at getting more Americans to use broadband at home, the adoption rate remains about the same. The study identifies several reasons behind the plateau and calls for better coordination among policymakers and private stakeholders to improve adoption rates. Meanwhile, some states have big plans in the works to improve their broadband networks, including governors in Hawaii and New York pushing for funding to expand Internet access to underserved areas.

  • Read more about National Broadband Adoption Stagnant, TechNet Finds

New Crop of Governors Plan Changes for TBED

Wednesday, November 3, 2010

This week 37 states held gubernatorial elections. In many states, technology-based economic development took on a central role in the campaign as candidates put forth their ideas on how to create jobs in a difficult economy. SSTI has collected some highlights from proposals put forth by new governors-elect that address topics related to TBED.California

  • Read more about New Crop of Governors Plan Changes for TBED

Research Parks RoundUp

Wednesday, November 3, 2010

Often credited with contributing significant revenue to states' economies, research parks also house facilities for workforce training and provide resources for tech-based industries, which is especially important as the nation's employment begins to pick up steam. In West Virginia, officials are building a $15 million advanced technology-training center at the state-owned research and technology park, and in Utah, officials recently broke ground on a building that will house engineers and analysts working on the nation's Intercontinental Ballistic Missile program.

  • Read more about Research Parks RoundUp

Illinois, Massachusetts, Maine Release Innovation Indices

Wednesday, March 21, 2012

While many state programs provide periodic reports on their activities and impacts, a few states provide regular data on their innovation economy as a whole. These reports can be useful in assessing a state's overall approach to TBED and in finding new areas for strategic intervention. Recently, groups in Massachusetts, Maine and Illinois separately released innovation indices that provide quantitative guides to their state's progress in fostering innovation.

  • Read more about Illinois, Massachusetts, Maine Release Innovation Indices

New Efforts in AZ, TX Take Different Approaches for Increasing STEM Grads

Wednesday, February 29, 2012

With the goal of integrating STEM learning into schools and strengthening teacher effectiveness in STEM areas, Science Foundation Arizona (SFAz) is launching the Arizona STEM Network, which will be implemented over the next five years in school districts throughout the state. In Texas, officials are counting on a new $30 million fund to produce more STEM graduates by recruiting top-notch research faculty to the University of Houston (UH). The Arizona STEM Network builds on Gov. Jan Brewer's plan for STEM education announced in 2010.

  • Read more about New Efforts in AZ, TX Take Different Approaches for Increasing STEM Grads

University-Industry Research Partnership Wins Approval in Idaho

Wednesday, March 14, 2012

With overwhelming support from the Idaho legislature, Gov. Butch Otter signed into law HB 546, a measure to establish the Idaho Global Entrepreneurial Mission (IGEM), an industry-university research partnership to facilitate and accelerate tech transfer. The governor proposed $5 million for the initiative within the FY13 Higher Education and Commerce budgets, which are pending approval in the legislature.

  • Read more about University-Industry Research Partnership Wins Approval in Idaho

Governors Ramp up Skilled Workforce Initiatives

Wednesday, February 22, 2012

Lawmakers in several states will consider legislation this year aimed at solving the workforce disconnect as states continue to struggle with unemployment and look for ways to attract industries in emerging fields. Many of the recent proposals, including those in Connecticut and Massachusetts, focus on revamping oversight of higher education and workforce training to offer better tools and a quicker path to a degree and skills matched with the needs of businesses.

  • Read more about Governors Ramp up Skilled Workforce Initiatives

Abell Foundation, TEDCO Launch $3.3 Million Angel Fund Targeted at Baltimore's Startups

Wednesday, March 7, 2012

The Abell Foundation and Maryland Technology Development Company (TEDCO) announced the Propel Baltimore Fund — a $3.3 million angel investment fund targeted at startups and entrepreneurs in Baltimore. The fund will invest in technology companies with innovation-focused business plans that are located in Baltimore or are willing to relocate to the city. Initial investments will be between $50,000 and $100,000 (maximum investment of $220,000 per company). Propel investments will require a 50 percent match from outside investors. Read the press release.

  • Read more about Abell Foundation, TEDCO Launch $3.3 Million Angel Fund Targeted at Baltimore's Startups

Four Organizations Achieving Impressive Economic Results Win National Award, Serving As Models Of Best Practice For States And Regions

Wednesday, September 22, 2010

Four organizations were named winners of SSTI's 2010 Excellence in TBED Award, serving as national models for states and regions investing in science, technology and innovation to grow and sustain their economies and create high-paying jobs.

  • Read more about Four Organizations Achieving Impressive Economic Results Win National Award, Serving As Models Of Best Practice For States And Regions

State of Michigan Establishes New Tech Transfer Network Led by University of Michigan

Wednesday, February 29, 2012

The Michigan Economic Development Corporation announced the Tech Transfer Talent Network — a new $2.6 million initiative to increase the supply of seasoned entrepreneurs and innovators who can lend their expertise to member universities' tech transfer offices. The University of Michigan's (U-M) tech transfer office will lead the seven-university network and share its tech transfer resources with member institutions.

  • Read more about State of Michigan Establishes New Tech Transfer Network Led by University of Michigan

Tech Talkin' Govs: Part V

Wednesday, February 8, 2012

The fifth installment of SSTI's Tech Talkin' Govs' series includes excerpts from speeches delivered in Ohio, Oklahoma and Pennsylvania. The first four installments are available in the Jan. 11, Jan. 18, Jan. 25, and Feb. 1 editions of the Digest. Ohio Gov. John Kasich, State of the State Address, Feb. 7, 2012 "And today I want to tell you about the best technology resource that you've never heard of. It's buried underground in Ohio. This will set us apart from every other state in America. "It's beyond high speed Internet.

  • Read more about Tech Talkin' Govs: Part V

Michigan Budget Boosts Funding for Economic Development, Higher Ed

Wednesday, February 22, 2012

With a greater focus on jobs training and arts and cultural programs, Michigan's budget for economic development would increase by more than 10 percent in FY13 under Gov. Rick Snyder's proposal. Universities and community colleges would receive a 3 percent boost under a new performance formula based on degree completion — particularly in critical skills areas such as science, technology, engineering, mathematics, and health care. The Michigan Economic Development Corp (MEDC) is slated to receive $195 million in FY13, up from $175 approved for the current year.

  • Read more about Michigan Budget Boosts Funding for Economic Development, Higher Ed

FY13 Federal Budget Request Overview

Wednesday, February 15, 2012

Each year, SSTI provides Digest readers with a comprehensive review of technology-based economic development spending in the the president's federal budget request. The year's edition includes proposed FY13 spending on R&D, STEM education, manufacturing, broadband, small business support, technology transfer, entrepreneurship, innovation workforce initiatives and more. The full report is available for download in pdf format (561 kb).

  • Read more about FY13 Federal Budget Request Overview

Tech Talkin' Govs: Part IV

Wednesday, February 1, 2012

The fourth installment of SSTI's Tech Talkin' Govs' series includes excerpts from speeches delivered in Illinois, New Hampshire, Tennessee, and Rhode Island. The first three installments are available in the Jan. 11, Jan. 18 and Jan. 25 editions of the Digest. Illinois Gov. Pat Quinn, State of the State Address, Feb. 1, 2012 "Today, I'm announcing a $2.3 million dollar investment in '1871,' a new technology center at the Merchandise Mart in Chicago to foster and launch digital start-ups.

  • Read more about Tech Talkin' Govs: Part IV

Tech Talkin' Govs: Part III

Wednesday, January 25, 2012

The third installment of SSTI's Tech Talkin' Govs' series includes excerpts from speeches delivered in Delaware, Hawaii, Massachusetts, Mississippi, and Utah. The first and second installments are available in the Jan. 11 and Jan. 18 editions of the Digest. Delaware Gov. Jack Markell, State of the State Address, Jan. 19, 2012 "Following up on the recent "Imagine Delaware' forum sponsored by the News Journal, we are finding new ways to support entrepreneurs. Over the last months, we studied best practices at entrepreneurial support centers around the country...

  • Read more about Tech Talkin' Govs: Part III

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