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People On The Move

Thursday, May 8, 2014

Aimee Dobrzeniecki, NIST MEP deputy director, will be leaving the MEP system May 16. Dobrzeniecki is joining Cathy Renault at Innovation Policyworks and will expand the company by opening a DC office.

  • Read more about People On The Move

New Resources for Writing a Compelling Application Now Available!

Wednesday, May 7, 2014

An impactful program could be underrepresented and its message lost if not presented in a clear, concise manner. The goal of SSTI’s Exellence in TBED awards program is to highlight how successful innovation-focused efforts have transformed economies. Because your story has to be compelling to the reader, we have provided several resources to help your team write a better application – and bring home a win for your state or region!

  • Read more about New Resources for Writing a Compelling Application Now Available!

TBED People and Orgs

Thursday, September 26, 2013

Oklahoma Gov. Mary Fallin announced that Jonna Kirschner, executive director of the Oklahoma Commerce Department, will serve on a transition team to establish a new workers’ compensation system. Vaughn Clark , the Commerce Department’s director of community development, was named as interim executive director.

  • Read more about TBED People and Orgs

NSF Surveys Show Diversity of Relationships between University-Industry Partners

Thursday, September 26, 2013

According to the National Science Foundation’s (NSF) Higher Education Research and Development (HERD) Survey the percentage of university R&D funded by private sector investment has remained mostly stable since the late 1970s, hovering between 5 percent and 7 percent of total R&D expenditures. In FY 2011 the private sector invested $3.2 billion, or 4.9 percent of the total $65 billion university R&D expenditures.

  • Read more about NSF Surveys Show Diversity of Relationships between University-Industry Partners

AAM Releases Latest Volume on American Manufacturing

Thursday, September 26, 2013

The Alliance for American Manufacturing (AAM) released a five-year report highlighting the progress it has made since its creation in 2007. In that time it has hosted 40 town hall meetings, won a Campaign Excellence Award, released a number of research reports and publications, and has worked with federal, state and local governments to advocate for American Manufacturing.

  • Read more about AAM Releases Latest Volume on American Manufacturing

Battle Born VC Program Launches in Nevada with Assistance from U.S. Treasury

Thursday, September 26, 2013

The Nevada Office of Economic Development, with guidance and funding from the U.S. Treasury Department’s State Small Business Credit Initiative (SSBCI), has launched the Battle Born Venture Program. “Battle Born” is a state venture capital program that makes equity and equity-like investments in early stage, high-growth Nevada businesses.

  • Read more about Battle Born VC Program Launches in Nevada with Assistance from U.S. Treasury

Wisconsin’s $8.5M Workforce Development Agenda Targets Technical Colleges

Thursday, September 26, 2013

The agenda for the upcoming legislative session unveiled by Gov. Scott Walker promotes investment in technical schools to provide skill development and quickly fill critical needs of employers. The governor outlined a package of eight workforce development bills, which include funding for youth apprenticeships, tuition reimbursement for apprentices and employers, technical education incentive grants, and scholarships for students to attend technical schools. Much of the new investment would augment funding for existing programs.

  • Read more about Wisconsin’s $8.5M Workforce Development Agenda Targets Technical Colleges

MIT Commission Finds Manufacturing Collaboration Key to U.S. Innovation Future

Thursday, September 26, 2013

Last week, the Massachusetts Institute of Technology’s (MIT) Production in an Innovation Economy (PIE) Commission released its findings from two years of research on how to remove the barriers that prevent the U.S. from turning its strengths in science and research into jobs, businesses and products. In order to ensure that American innovations reach the marketplace, the U.S. must rebuild its manufacturing sector, with particular focus on improving the support ecosystem for smaller advanced manufacturing firms, according to the commission.

  • Read more about MIT Commission Finds Manufacturing Collaboration Key to U.S. Innovation Future

SEC Rules Regarding General Solicitation Go into Effect, Crowdfunding Community Responds

Thursday, September 26, 2013

Earlier this week, the Securities Exchange Commission’s (SEC) final rules allowing general solicitation went into effect. General solicitation broadly means the public advertisement that an entrepreneur or business is raising capital via the sale of securities (e.g., stock, loans, and bonds).

  • Read more about SEC Rules Regarding General Solicitation Go into Effect, Crowdfunding Community Responds

Economic Development Programs Consolidated in PA Budget

Wednesday, July 13, 2011

Lawmakers approved Gov. Tom Corbett's proposal to restructure the state's economic development efforts by consolidating several programs within the Department of Community and Economic Development (DCED). Total general fund spending for DCED in FY12 is $212.8 million, down from $327.5 million last year or a 35 percent reduction. Much of this is achieved through consolidating programs.

  • Read more about Economic Development Programs Consolidated in PA Budget

U.S. Reverses Four-Year Downward Trend in Competitiveness

Wednesday, September 11, 2013

While the conditions of the U.S. economy continue to hinder growth, stability and efficiency in the financial markets and a positive assessment of public institutions have helped improve the nation’s competitiveness and reverse a four-year downward trend. In World Economic Forum’s Global Competitiveness Index 2013-14, the U.S. moved into the number five spot, up from seventh last year, overtaking the Netherlands and Sweden. For the second year in a row, Switzerland, Singapore and Finland held onto their first, second and third rankings, respectively.

  • Read more about U.S. Reverses Four-Year Downward Trend in Competitiveness

Is Technology Innovation a Job Creator or Job Killer?

Wednesday, September 11, 2013

This week, the Information Technology & Innovation Foundation (ITIF) hosted a debate between ITIF’s President Robert Atkinson and Andrew McAfee, principal research scientist at the Center for Digital Business in the MIT Sloan School of Management and co-author of Race Against the Machine. The lively debate revolved around the impact of technology innovation on the U.S.

  • Read more about Is Technology Innovation a Job Creator or Job Killer?

Selecting Europe's Innovation Capital: A Good idea?

Wednesday, September 11, 2013

The European Commission is offering a €500,000 (US$655,700) prize to accompany designation of an "iCapital" — the single city in the Union, which is building the best "innovation ecosystem", connecting citizens, public organizations, academia, and business. Should the U.S. federal government follow suit? Probably not without modifications.

  • Read more about Selecting Europe's Innovation Capital: A Good idea?

Obama Administration Launches Initiative to Promote Startup Cooperation with Latin America

Wednesday, September 11, 2013

The Obama administration is seeking closer economic cooperation with Latin America to enhance opportunities for startups and SMEs in the U.S. and across the hemisphere. This week, the U.S. State Department is launching the Small Business Network of the Americas to promote international cooperation between TBED institutions in the Americas.

  • Read more about Obama Administration Launches Initiative to Promote Startup Cooperation with Latin America

U.S. Navy Invests $30M in HI Cleantech Accelerator

Wednesday, September 11, 2013

The U.S. Department of Defense Office of Naval Research has announced a $30 million investment in Energy Excelerator, an accelerator for cleantech companies within the Pacific International Center for High Technology Research (PICHTR). Energy Excelerator originally launched three years ago with $10 million in seed funding from the Department of Energy.

  • Read more about U.S. Navy Invests $30M in HI Cleantech Accelerator

Governments Benefiting from Tech Entrepreneurs: The Tables Have Turned

Wednesday, September 11, 2013

The field of technology-based economic development strives to provide opportunities and support for budding entrepreneurs and technology-based startups in hopes of strengthening our economies. But, policymakers and governments have much to gain directly from the pool of talented tech entrepreneurs. Technology startups are tapping into the $142 billion public sector market and are helping governments reduce costs and improve their services through innovative web applications and, in some cases, total system overhauls.

  • Read more about Governments Benefiting from Tech Entrepreneurs: The Tables Have Turned

U.S. Treasury Proposal Would Allow Research Tax Credits for Prototypes

Wednesday, September 11, 2013

Under a new set of proposed rules issued by the U.S. Department of the Treasury, companies will be able to claim the federal research and experimentation (R&E) tax credit on eligible expenditures regardless of any subsequent actions taken by businesses with the purchases. The change would allow businesses to claim the credit on research expenses used to create prototypes, pilot models and process improvements.

  • Read more about U.S. Treasury Proposal Would Allow Research Tax Credits for Prototypes

Universities Take Crowdfunding into Their Own Hands

Wednesday, September 11, 2013

Georgia Tech has launched a crowdfunding resource for university-based students and faculty. Originally announced in the spring, Georgia Tech joins several other universities that are using crowdfunding to finance commercialization and the development of startups based on university research. The field has become common and relevant enough that an online community has started tracking this growth.

  • Read more about Universities Take Crowdfunding into Their Own Hands

Are Metros the Saving Grace for the National Economy?

Wednesday, September 4, 2013

America is moving back to its cities. A majority of people on this planet live in metropolitan areas with one million people moving to cities and metros every five days. In the U.S., the nation’s top 100 metropolitan areas account for two-thirds of the nation’s population and generate 75 percent of national GDP. This is more than a trend, according to Bruce Katz and Jennifer Bradley of the Brookings Institution … this is a revolution.

  • Read more about Are Metros the Saving Grace for the National Economy?

Foundations Commit Funding for Entrepreneurial Development Programs at Nonprofits, Universities

Wednesday, September 4, 2013

Foundations increasingly are tapping into the unique skills of institutions of higher education by partnering with them to support entrepreneurial growth within their surrounding communities. These foundations view institutions of higher education as the ideal partners to provide education and business services necessary for entrepreneurs to reach their potential. Several foundations recently have announced funding to support entrepreneurship development activities at universities including the Ratcliffe Foundation and the Allstate Foundation.

  • Read more about Foundations Commit Funding for Entrepreneurial Development Programs at Nonprofits, Universities

CA Legislature Approves Expansion of iHub Program

Wednesday, September 4, 2013

New legislation passed by the California legislature would expand the state’s Innovation Hub (iHub) program, which supports commercialization and entrepreneurship at a regional level. The program initially was launched in March 2010 through the state’s Business, Transportation and Housing Agency.

  • Read more about CA Legislature Approves Expansion of iHub Program

TBED People On The Move

Thursday, April 24, 2014

Tyler Okerlund has been selected to serve as the state SBIR/STTR program director at the UND Center for Innovation.

Johnna Reeder has been named president and chief executive officer of REDI Cincinnati, LLC, the regional organization charged with business attraction and expansion.

  • Read more about TBED People On The Move

State Biotech Incentives Attract Jobs, But Do Less for Established Firms

Wednesday, August 28, 2013

States incentives for biotech research have proven to be an effective tool to attract star scientists, innovative firms and high-quality jobs, according to a recent academic article. Enrico Moretti and Daniel J. Wilson examined the performance of state biotech incentives in 11 states and found that these policies demonstrate an impressive ability to draw in firms and researchers from other states and create related jobs in construction and retail.

  • Read more about State Biotech Incentives Attract Jobs, But Do Less for Established Firms

Global Clinton Initiative Announces Pilot Manufacturing Supply Chain Network, Reports look at U.S. Manufacturing

Wednesday, August 28, 2013

The Global Clinton Initiative (GCI) and five partner organizations announced a regional pilot program that will create a manufacturing supply chain network to support small- and midsized-manufacturers in the Hudson Valley region of New York. The goal of the pilot program is to create a scalable model that will ultimately provide a framework for a nationwide supply chain network and grow the country’s manufacturing base.

  • Read more about Global Clinton Initiative Announces Pilot Manufacturing Supply Chain Network, Reports look at U.S. Manufacturing

Cities Fight to Address Lingering Digital Divide

Wednesday, August 28, 2013

A new report from the Pew Internet and American Life Project cites that 20 percent of Americans do not have broadband access, while an additional 10 percent of Americans have broadband access via smartphones. The report suggests that age, educational attainment, and household income continue to be the defining factors for home broadband adoption.

  • Read more about Cities Fight to Address Lingering Digital Divide

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