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NY State Assembly Announces $11.5M for Incubators in Brooklyn, Queens

Friday, October 25, 2002

More than $11 million in two New York State Assembly grants will support several new incubators for Brooklyn and Queens. The investments were recently announced by Assembly Speaker Sheldon Silver and Assembly members representing the two boroughs.

  • Read more about NY State Assembly Announces $11.5M for Incubators in Brooklyn, Queens

Wayne State University to House Michigan's NextEnergy Center

Friday, October 25, 2002

Michigan's NextEnergy Center, the central component of Gov. John Engler's $50 million fuel cell initiative, will be located within Wayne State University’s Research and Technology Park in Detroit, the Michigan Economic Development Corporation (MEDC) recently announced. Wayne State is situated in the Woodward Technology Corridor, one of 11 SmartZones located across Michigan.

  • Read more about Wayne State University to House Michigan's NextEnergy Center

Innovation Index Assesses Philadelphia's Position in Innovation Economy

Friday, October 25, 2002

Innovation Philadelphia, the public-private partnership dedicated to enhancing the global innovation economy of Philadelphia, has unveiled the first Innovation and Entrepreneurial Index, a comprehensive study examining where Philadelphia stands in relation to key competitors in the Innovation Economy.

  • Read more about Innovation Index Assesses Philadelphia's Position in Innovation Economy

Communities Team with Federal Labs to Promote Tech-based ED

Friday, October 25, 2002

With more than 700 facilities around the country, federal laboratories and research centers can provide many resources for communities to tap as they strive to develop tech-based economies: technologies available for transfer and commercialization; facilities and technical staff available to partner with companies and universities for research; and, connections to funding and procurement opportunities.

  • Read more about Communities Team with Federal Labs to Promote Tech-based ED

NCEC Presents NASDAQ Entrepreneurial Excellence Awards

Friday, October 25, 2002

The National Consortium of Entrepreneurship Centers (NCEC) presented on Tuesday the 2002 NASDAQ Entrepreneurial Excellence Awards to entrepreneurship centers at Babson College, Indiana University-Bloomington, and Saint Louis University.

  • Read more about NCEC Presents NASDAQ Entrepreneurial Excellence Awards

Useful Stats: Academic Pork 1990-2002

Friday, October 25, 2002

The use of Congressional earmarks on federal agency budgets to support projects and programs in academic institutions has exploded since 1996, according to statistics compiled by and reported in the September 27, 2002 issue of the Chronicle of Higher Education.

  • Read more about Useful Stats: Academic Pork 1990-2002

Guide to Useful Stats: EconData.Net

Friday, October 25, 2002

With more than 1,000 links to socio-economic data sources, EconData.Net provides a convenient and valuable starting point for gathering information to understand regional economies. Funded by the Economic Development Administration, EconData.Net is a 100 percent free website offering easy access to state and sub-state socio-economic data for practitioners, researchers, students and data users in general.

  • Read more about Guide to Useful Stats: EconData.Net

MTI Seeks Tech Transfer Specialist

Friday, October 25, 2002

Minnesota Technology, Inc. (MTI), the state's leading tech-based economic development corporation, currently is searching for a dynamic individual with top-notch skills to help bring federal technology transfer activities to Minnesota companies.

  • Read more about MTI Seeks Tech Transfer Specialist

People

Friday, October 25, 2002

Anthony Armstrong returns to the Indiana 21st Century Research and Technology Fund as its new director.

Bay Area Regional Technology Alliance (BARTA) has been renamed the TechVentures Network as the Bay Area's leading source of access to financing, business data and services for emerging technology.

  • Read more about People

People

Friday, October 25, 2002

Anthony Armstrong returns to the Indiana 21st Century Research and Technology Fund as its new director.

  • Read more about People

People

Friday, October 25, 2002

Bay Area Regional Technology Alliance (BARTA) has been renamed the TechVentures Network as the Bay Area's leading source of access to financing, business data and services for emerging technology.

  • Read more about People

People

Friday, October 25, 2002

John Bradley is the Tennessee Valley Authority's as its first chief of economic development. Bradley had been senior vice president of economic development at the Memphis Regional Chamber of Commerce.

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People

Friday, October 25, 2002

Randy Goldsmith resigned as President & CEO of the Oklahoma Technology Development Corp to assume the role of President and CEO of the San Antonio Technology Accelerator Initiative.

  • Read more about People

People

Friday, October 25, 2002

J.A. Hans Roeterink, chief technical officer and vice president of network operations for T-Systems in New York, is the new executive director of the Alaska Science & Technology Foundation. Roeterink begins Nov. 1, succeeding Jamie Kenworthy.

  • Read more about People

People

Friday, October 25, 2002

Dennis Yablonsky, who has been serving as CEO for both the Pittsburgh Digital Greenhouse and the Pittsburgh Life Sciences Greenhouse for most of the past year, has decided to focus exclusively on the biotech initiative. His replacement as president and CEO at the Pittsburgh Digital Greenhouse is David Ruppersberger.

  • Read more about People

Iowa Recommits $500M for Values Fund

Monday, June 13, 2005

After being struck down by the Iowa Supreme Court in 2004, the state legislature recently passed legislation re-creating a $500 million version of its Grow Iowa Values Fund. The bills commit $500 million over 10 years to support tech-based economic development and other economic development initiatives. Gov. Tom Vilsack signed the measures on June 10.

  • Read more about Iowa Recommits $500M for Values Fund

Texas Legislature Approves Funding for Emerging Technology Fund

Monday, June 13, 2005

The Texas Legislature recently approved $100 million of the original $300 million requested by Gov. Rick Perry for the Emerging Technologies Fund (ETF). Another $100 million is expected to be available from the state's rainy day fund if revenues exceed forecasts.

  • Read more about Texas Legislature Approves Funding for Emerging Technology Fund

Regional Partnership to Boost University Tech Commercialization in Michigan

Monday, June 13, 2005

Catering to high-tech companies built on innovation, the nonprofit regional collaboration dubbed SPARK, hopes to transform Ann Arbor, Mich., into more of an entrepreneurial hub and triple the number of technology jobs within five years.

  • Read more about Regional Partnership to Boost University Tech Commercialization in Michigan

Nanotech Aim of New Mid-Atlantic Collaboration

Monday, June 13, 2005

While the U.S. wrests its way to remain the global leader in nanotechnology (see the May 30 issue of the Digest), some states and regions are wasting no time to secure their own world-class cluster in the field.

  • Read more about Nanotech Aim of New Mid-Atlantic Collaboration

Recent Research: Can California Keep Its BioTech Edge?

Monday, June 13, 2005

California leads the world in biotech research today and likely will continue to dominate in the years to come according to The Dynamics of California's Biotechnology Industry, a new report from the Public Policy Institute of California. The report concludes that California retains a sharp biotech edge, despite reports of firms leaving the state or establishing plants elsewhere.

  • Read more about Recent Research: Can California Keep Its BioTech Edge?

Recent Research: Did Policies Alter French BioTech Landscape?

Monday, June 13, 2005

A study suggests policies enacted in 1999 to encourage cooperative research, establish tech transfer structures and provide venture capital contributed to a dramatic shift in the biotech topography in France.

  • Read more about Recent Research: Did Policies Alter French BioTech Landscape?

ARC Conference to Focus on Incubation, Innovation and Entrepreneurship

Monday, June 13, 2005

As rural America undergoes economic restructuring and communities strive to make the transition from traditional to knowledge-based economies, nurturing innovation is an important strategy that is helping rural areas create an environment for business growth and job creation.

  • Read more about ARC Conference to Focus on Incubation, Innovation and Entrepreneurship

Publisher's Note: Kevin Carr to Leave MEP

Monday, June 13, 2005

Last week, Kevin Carr, the director of the Manufacturing Extension Partnership, announced that he would be leaving his position and NIST effective June 30. Kevin has led the program since 1994, and under his leadership, MEP became the exemplary federal program for working in partnership with the states.

  • Read more about Publisher's Note: Kevin Carr to Leave MEP

ITDA Seeks Venture Development Director

Monday, June 13, 2005

The Illinois Technology Development Alliance (ITDA) is looking for a Venture Development Director for its Chicago office. Duties include management/operations consulting; client’s screening/selection; coordination entrepreneurship mentoring; consulting/technical assistance; technical review of commercial potential of technologies. Qualified applicants must posses an MBA/B.S. in Engineering with at least five years of experience in the fields of business development/consulting.

  • Read more about ITDA Seeks Venture Development Director

Michigan Life Science Initiative Threatened at Ballot Box

Friday, October 18, 2002

A ballot proposal being put forth by Citizens for a Healthy Michigan would reduce funding for Michigan Life Sciences Corridor sponsored projects by nearly $50 million annually, estimates a report released by the Michigan Economic Development Corporation (MEDC).  The annual reduction includes both the cut in direct funding and required matching funds for Corridor funded projects.

  • Read more about Michigan Life Science Initiative Threatened at Ballot Box

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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.
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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.
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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. 
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