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Recent Research: Public College Support Per Student Sinks to 25-year Low

Monday, March 20, 2006

At the same time civic and corporate leaders around the country are calling for more high school students to pursue a college education, and specifically science, technology and math degrees, the student's share of the cost for higher education is climbing to record highs.

  • Read more about Recent Research: Public College Support Per Student Sinks to 25-year Low

Senate Restores, Expands SBA '07 Budget Resolution

Monday, March 20, 2006

SBDCs slated for $23 Million Increase; FAST Restored

  • Read more about Senate Restores, Expands SBA '07 Budget Resolution

SSTI Commentary: What Constitutes A Gift? TBED and Philanthropy

Monday, March 20, 2006

Probably everyone involved in tech-based economic development (TBED) can name at least one research building, innovation center or tech park named after a significant contributor to the project. And has become commonplace individual components of the structure have been named for individual donors: a wing, the auditorium, the foyer, the artwork, the chairs in the board room.

  • Read more about SSTI Commentary: What Constitutes A Gift? TBED and Philanthropy

NSF Partnerships for Innovation Offers Unique Funding for TBED Efforts

Monday, March 20, 2006

Universities play a central role in supporting regional technology-based economic development and only one small federal grant program focuses each funding cycle toward new models for improving university-centered collaborative innovation strategies. The Partnership for Innovations (PFI) Program within the National Science Foundation (NSF) opened a new round of competition last week, offering funding of up to $600,000 for 10-15 successful proposals.

  • Read more about NSF Partnerships for Innovation Offers Unique Funding for TBED Efforts

Useful Stats: Manufacturing Employment & Pay by State, 2001-2004

Monday, March 20, 2006

In SSTI's second look at the Geographic Area Statistics: 2004 from the U.S. Census Bureau’s Annual Survey of Manufactures, SSTI highlights more of the report's key findings, including data on employment, payroll, and average pay per employee.

  • Read more about Useful Stats: Manufacturing Employment & Pay by State, 2001-2004

SSTI Celebrates Hundredth Affiliate Joining

Monday, March 20, 2006

In December, SSTI invited those involved in and interested in tech-based economic development to consider becoming a member of SSTI. Membership is growing so fast  that we are proud to announce already reaching the 100th member milestone for our Affiliates and Supporters! Special Recognition goes to our 99th member Northwestern University, Office of the President; 100th member Asheville-Buncombe Technical Community College, BioBusiness Center; and our 101st member CincyTechUSA.

  • Read more about SSTI Celebrates Hundredth Affiliate Joining

USDA Awards $53.7M for Rural Tech-based Economic Development

Friday, October 3, 2003

Within the last week, the U.S. Department of Agriculture (USDA) announced a slew of awards – 128 in all – for rural tech-based economic development initiatives. Collectively, the awards total $53.7 million, including:

    • Read more about USDA Awards $53.7M for Rural Tech-based Economic Development

    New Jersey to Stimulate Biotech Business, Job Growth with $50M VC Fund

    Friday, October 3, 2003

    New Jersey is launching a new program to stimulate new investment, business growth and job creation in the biotechnology and life sciences industries through a special fund to be established through the Business Employment Incentive Program (BEIP).

    • Read more about New Jersey to Stimulate Biotech Business, Job Growth with $50M VC Fund

    NIH Announces Strategy to Accelerate Medical Research Progress

    Friday, October 3, 2003

    To transform the nation’s medical research capabilities and speed the movement of research discoveries from the bench to the bedside, the National Institutes of Health (NIH) laid out on Monday a series of initiatives collectively known as the NIH Roadmap for Medical Research.

    • Read more about NIH Announces Strategy to Accelerate Medical Research Progress

    Hawaii's HTDC Announces Statewide Incubation Services Program

    Friday, October 3, 2003

    Secures State as Pilot Site for FastTrac™

    Coming soon to an island near you — business development services. That could be the sales pitch for a new development within the High Technology Development Corporation (HTDC), Hawaii's lead tech-based economic development agency.

    • Read more about Hawaii's HTDC Announces Statewide Incubation Services Program

    Kansas Governor's Revitalization Plan Favors TBED

    Friday, October 3, 2003

    Gov. Kathleen Sebelius made public on Wednesday the details of a statewide economic revitalization plan designed to stimulate and strengthen the Kansas economy. Included in the plan are several items that could help boost tech-based economic development (TBED) in the state:

    • Read more about Kansas Governor's Revitalization Plan Favors TBED

    Cluster Stage Critical To Policy, Paper Shows

    Friday, October 3, 2003

    Policy measures aimed at the development of clusters must take into account which development stage the cluster is currently in. One of the central processes involved in cluster development is that of firm foundings, states Co-Development of Firm Foundings and Regional Clusters, a working paper written by Dirk Fornahl and Max-Peter Menzel.

    • Read more about Cluster Stage Critical To Policy, Paper Shows

    Useful Stats: State Rankings for Academic R&D Expenditures Per Student

    Friday, October 3, 2003

    The Chronicle of Higher Education annually provides in its Almanac an accessible state-by-state snapshot of a variety of statistics useful in measuring the magnitude and health of higher education. The 2002-2003 Almanac of Higher Education, released recently in print and online, is no exception.

    • Read more about Useful Stats: State Rankings for Academic R&D Expenditures Per Student

    And Then There Were 10...

    Friday, October 3, 2003

    Yes, only 10 open seats remain for SSTI’s 7th Annual Conference, Building Tech-based Economies: From Policy to Practice. With nearly three weeks remaining before the October 21-22 event in Seattle, SSTI anticipates it will have to close registration in the coming days based on the phenomenal response to this year’s great slate of 24 breakout sessions, great plenary sessions and wonderful location. If you are planning to attend, we encourage you to register as soon as possible.

    • Read more about And Then There Were 10...

    FY04 DHS Budget Moves Out of Conference

    Friday, September 26, 2003

    Appropriations for the Department of Homeland Security (DHS) have emerged out of the conference committee for consideration and final approval by Congress — one of three budget bills likely to be passed before the fiscal year ends next Tuesday.

    • Read more about FY04 DHS Budget Moves Out of Conference

    State Legislatures, Communities and Universities Take Economy Into Own Hands

    Friday, September 26, 2003

    The President wants $87 billion for the war in Iraq. Congress is looking at a month-long continuing resolution for the budget since final approval on most appropriation bills is at least that far in the future. Meanwhile, the persistence of the recession, the restructuring of U.S. manufacturing due in part to globalization, and the continued hemorrhaging of tax revenues has led several governors, state legislatures and community leaders to begin rethinking their economic development strategies.

    • Read more about State Legislatures, Communities and Universities Take Economy Into Own Hands

    Ties that Bind: Residual Spillovers When an Inventor Moves

    Friday, September 26, 2003

    Study Hints at Why TBED Is Good National Investment

    • Read more about Ties that Bind: Residual Spillovers When an Inventor Moves

    Chronicle Reports 2003 Academic Earmarks Surpass $2B

    Friday, September 26, 2003

    More than 700 of America's institutions of higher education couldn't claim to be vegetarian based on the record amount of pork they ate from the 2003 federal budget, according to the cover story of this week's Chronicle of Higher Education. The dollar value of college earmarks reached a record $2.013 billion in the current fiscal year's budget, 10 percent more than the previous high mark of $1.837 billion captured in FY 2002.

    • Read more about Chronicle Reports 2003 Academic Earmarks Surpass $2B

    Does the U.S. Face A Shortage of Scientists?

    Friday, September 26, 2003

    Sloan Foundation exec says no

    At several intervals during the past 50 years, various reports have argued that the U.S. was or would soon be confronted with a shortage of scientists and engineers in various fields. If a crisis did arise, it could play havoc on local and state technology-based economic development efforts dependent on a technologically skilled workforce for innovation and growth. But is there a real risk?

    • Read more about Does the U.S. Face A Shortage of Scientists?

    Saving Money: An SSTI Conference Update

    Friday, September 26, 2003

    SSTI's 7th Annual Conference, to be held in Seattle on Oct. 21-22, is now less than one month away. If you are planning to join 300 of your colleagues from more than 40 states at Building Tech-based Economies: From Policy to Practice, here are a few tips to save your organization a little money:

    • Read more about Saving Money: An SSTI Conference Update

    AAU Federal Relations Directorship Open

    Friday, September 26, 2003

    The Association of American Universities (AAU) seeks qualified candidates to fill the position of director of federal relations.

    • Read more about AAU Federal Relations Directorship Open

    People

    Friday, September 26, 2003

    Scott Doron has been promoted to director for the Southern Technology Council, the advisory council on innovation and technology policy issues for the Southern Growth Policies Board.

    Tony Jeff is the new executive director of the Manufacturing Extension Partnership of Mississippi.

    • Read more about People

    People

    Friday, September 26, 2003

    Scott Doron has been promoted to director for the Southern Technology Council, the advisory council on innovation and technology policy issues for the Southern Growth Policies Board.

    • Read more about People

    People

    Friday, September 26, 2003

    Tony Jeff is the new executive director of the Manufacturing Extension Partnership of Mississippi.

    • Read more about People

    People

    Friday, September 26, 2003

    Robert McMahan has been named North Carolina's Science Advisor. In addition to advising the Governor on science and technology matters, McMahan will oversee the support staff for the North Carolina Board of Science and Technology. The advisor position will report to the secretary of the Department of Commerce.

    • Read more about People

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    Recent news from the SSTI Digest

    Universities as architects of regional innovation ecosystems

    Wednesday, July 8, 2026
    Ask most university leaders how their institution contributes to the regional economy and the answer is likely to include research expenditures, patents, startups, and jobs. Those measures remain important, but they overlook one of the university's most valuable contributions. In today’s economy, where innovation, talent, and technology shape how regions grow, universities are helping communities adapt, connect, and compete.
    regionalism
    innovation

    TBED programs succeed by engaging with local communities

    Wednesday, July 8, 2026
    When a new TBED project comes to town, the TBED practitioners inside know the long-term benefits of technology-based economic development: they can see and understand their progress in building a strong economic foundation for their host region. But for community-based and workforce development organizations and K-12 education systems in the surrounding area, the TBED project might appear to be an opaque operation that operates independently of its neighbors.
    tbed

    What to expect when you’re expecting (investment returns)

    Wednesday, July 8, 2026
    Following SSTI’s recent look at the timing and type of exits, we continue our look at investment activity to characterize returns on investments so that TBED investors can more accurately project and adjust program parameters to support long-term sustainability. Accurate data on venture capital investment returns and fund performance on private investment vehicles is not readily or consistently available. Anecdotal stories  and the occasional press release on a major transaction exist, but VC exits are often done quietly. As such, parties interested in understanding performance outcomes must rely on focused reports and other aggregate data. 
    investing
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