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U.S. Leads World in Nanotech - For Now

Monday, May 30, 2005

The U.S. is currently the global leader in nanotechnology R&D, number of nanotechnology start-up companies, and research output as measured by patents and publications. However, that role is under increasing competitive pressure from other nations, according to an assessment of the multi-agency National Nanotechnology Initiative (NNI), which organizes federal nanotechnology research.

  • Read more about U.S. Leads World in Nanotech - For Now

States Commit to Worker Training Programs for Economic Growth

Monday, May 30, 2005

Recognizing the benefits of a skilled workforce to match the new manufacturing and high-tech jobs of the 21st Century, states are turning to worker training and retraining programs in order to remain economically competitive. During the past month, Tennessee, Nebraska and Connecticut committed a combined total of $37 million for worker training initiatives.

  • Read more about States Commit to Worker Training Programs for Economic Growth

Ship Out to Shape Up: Pakistan Sending 15,000 Students Abroad

Monday, May 30, 2005

While many regions, states and countries are lamenting a drain of talent from their area, the Pakistan Higher Education Commission is taking an opposite strategy to strengthen the nation's science and research capacity: sending up to 15,000 of its brightest students to study selected disciplines abroad through its Foreign Ph.D. Scholarship Program.

  • Read more about Ship Out to Shape Up: Pakistan Sending 15,000 Students Abroad

China's Goal: Quadruple GDP by 2020

Monday, May 30, 2005

In the opening ceremony of the 2005 FORTUNE Global Forum, held in Beijing on May 16, Chinese President Hu Jintao broadly outlined the course his country is taking to reach a goal of quadrupling its 2000 Gross Domestic Product (GDP) by the year 2020. Science, technology and innovation figure prominently in the strategy.

  • Read more about China's Goal: Quadruple GDP by 2020

Bush Administration Opposes Doubling NSF, Broadening EPSCoR

Friday, September 27, 2002

The Association of American Universities has posted the text of a September 17 letter written by Rita Colwell, Director of the National Science Foundation (NSF), that outlines the Bush Administration's opposition to S. 2817, a bill to double the size of the NSF budget over a five-year period.

  • Read more about Bush Administration Opposes Doubling NSF, Broadening EPSCoR

Virginia Governor's Tech Plan Defines CIT Roles

Friday, September 27, 2002

The future of Virginia's Center for Innovative Technology (CIT) became clearer on Wednesday with Governor Mark Warner's release of Commonwealth of Virginia Strategic Plan for Technology for 2002-2006. CIT has a lead position for half of the eight initiatives outlined in the 129-page document.

Highlights of "One Virginia," CIT's portion of the plan, call for:

  • Read more about Virginia Governor's Tech Plan Defines CIT Roles

TA Outlines Critical Issues for Broadband

Friday, September 27, 2002

Following President Bush's call for the nation to "be aggressive about the deployment of broadband," the Technology Administration within the U.S. Department of Commerce recently issued Understanding Broadband Demand — a 25-page paper examining the state of broadband demand and usage in the U.S. and identifying successes, challenges and actions to promote more aggressive uptake.

  • Read more about TA Outlines Critical Issues for Broadband

California Promotes Stem Cell Research With New Law

Friday, September 27, 2002

Joined by actor Christopher Reeve and several of California's leading biotech researchers, Governor Gray Davis Sunday signed legislation designed to promote stem cell research in California.

  • Read more about California Promotes Stem Cell Research With New Law

Illinois Quadruples Number of Technology Enterprise Corporations

Friday, September 27, 2002

On Thursday, Illinois Governor George Ryan announced nearly $3 million in state grants for eight Illinois Technology Enterprise Corporation (ITEC) centers, quadrupling the number of ITECs. Funded by the Illinois Department of Commerce and Community Affairs (DCCA), the centers assist technology-based start-up businesses and serve as incubators for the new ventures.

  • Read more about Illinois Quadruples Number of Technology Enterprise Corporations

South Dakota Governor Awards $500K for Center to Help Technology Businesses

Friday, September 27, 2002

A $500,000 state grant approved Thursday by South Dakota Governor Bill Janklow will help create a center in Sioux Falls for fledgling technology businesses.

  • Read more about South Dakota Governor Awards $500K for Center to Help Technology Businesses

To Cluster or Not to Cluster? Three Views on Cluster-based ED

Friday, September 27, 2002

Cluster-based economic development policy has gained wide acclaim in recent years as interest has grown in utilizing “cluster theory” in economic development. Some have found this idea to be appealing while others have been a bit less receptive of its ideas. Three recently released papers address cluster-based economic development from different angles. The first article explores options for utilizing cluster-based economic development in less advantaged regions.

  • Read more about To Cluster or Not to Cluster? Three Views on Cluster-based ED

Northwest Technology Investor Network Established

Friday, September 27, 2002

A regional partnership of economic development organizations, led by the Department of Energy's Pacific Northwest National Laboratory (PNNL), announced the launch of the Northwest Technology Investor Network last week. The network is an online forum that links investors and entrepreneurs in the high-tech sector.

  • Read more about Northwest Technology Investor Network Established

Stronger TBED Efforts Would Benefit Orange County, Larta Asserts

Friday, September 27, 2002

True technology growth for Orange County hinges on a broader, more supportive infrastructure, argues the latest research report by the Los Angeles Regional Technology Alliance (Larta).

  • Read more about Stronger TBED Efforts Would Benefit Orange County, Larta Asserts

116 Resources for Building Tech-based Economies

Friday, September 27, 2002

From angel capital to university technology commercialization, there are myriad facets to technology-based economic development (TBED). The key to success lies in a solid understanding of your respective element of the field — from grasping the policy issues to developing effective programs and practices to implementing sound evaluation techniques.

  • Read more about 116 Resources for Building Tech-based Economies

No Digest Next Week; SSTI Offices Closed to Attend Annual Conference

Friday, September 27, 2002

The SSTI Weekly Digest and Funding Supplement will not be published next week as the office will be closed during SSTI's 6th Annual Conference, Building Tech-based Economies: From Policies to Practice on October 1-3.

The next issue of the SSTI Weekly Digest will be released on October 11.

  • Read more about No Digest Next Week; SSTI Offices Closed to Attend Annual Conference

Milken Releases California Tech & Science Index

Friday, September 20, 2002

"California must continue to increase funding for science and technology in its university systems or risk losing one of its most important comparative advantages," warns the Milken Institute in the State Technology & Science Index: Comparing and Contrasting California.

  • Read more about Milken Releases California Tech & Science Index

High-Tech Growth In Low Wage Countries: Size and Effect

Friday, September 20, 2002

The relaxation of international trade barriers and increased emphasis on globalization have had significant effects on the world's high-tech manufacturing industry. Two recent papers look at the phenomenon. An Infobrief from the National Science Foundation focuses on the growth of high-tech manufacturing in Latin America and a working paper released by the National Bureau of Economic Research considers the changes in the composition and character of the U.S.

  • Read more about High-Tech Growth In Low Wage Countries: Size and Effect

Biology Majors Need More Than Biology to Succeed

Friday, September 20, 2002

Many states and communities are working to be leading participants in the rapidly growing biotech industries. Investments in academic research facilities and college scholarships to encourage more students to pursue biology and science degrees are among the strategies states are pursuing.

  • Read more about Biology Majors Need More Than Biology to Succeed

Useful Stats: Employed Doctoral Scientists & Engineers by State: 1997-1999

Friday, September 20, 2002

The National Science Foundation recently released the latest edition of Characteristics of Doctoral Scientists and Engineers in the United States, which reports characteristics for 1999. Valuable data is presented in the report on the demographic and employment characteristics of doctoral scientists and engineers in the US.

  • Read more about Useful Stats: Employed Doctoral Scientists & Engineers by State: 1997-1999

SSTI Conference Sponsor Profile: The Advanced Technology Program

Friday, September 20, 2002

Are you looking for funding for high-risk research? The Advanced Technology Program (ATP), part of the National Institute of Standards and Technology, bridges the gap between the research lab and the marketplace stimulating prosperity through innovation. ATP’s mission is to accelerate the development of innovative technologies through partnerships with the private sector.

  • Read more about SSTI Conference Sponsor Profile: The Advanced Technology Program

SSTI Conference Sponsor Profile: Office of Energy Efficiency and Renewable Energy (EERE)

Friday, September 20, 2002

Do you have a great idea for a new industrial product or process that can help save energy, reduce emissions, and/or provide clean manufacturing? If so, then you will want to look to the Department of Energy's Office of Energy Efficiency and Renewable Energy for possible financing. Several programs provide finance solutions through grants and seed money to help companies get energy ideas off the ground.

  • Read more about SSTI Conference Sponsor Profile: Office of Energy Efficiency and Renewable Energy (EERE)

Washington Tech Center Seeks Manager, Statewide Programs

Friday, September 20, 2002

The Washington Technology Center (WTC), based in Seattle, WA, is searching for a person to fill the newly created position of Manager of Statewide Programs. This person will design and develop a statewide network of programs, services and connections to serve companies and entrepreneurs across Washington State.

  • Read more about Washington Tech Center Seeks Manager, Statewide Programs

Washington Creates $350M Life Science Fund

Monday, May 16, 2005

Washington Gov. Christine Gregoire last week signed a bill creating the Life Sciences Discovery Fund (see the Feb. 7 issue of the Digest).

  • Read more about Washington Creates $350M Life Science Fund

The Up and Down of CAPCO Programs

Monday, May 16, 2005

One starts up. Another bites the dust. The Certified Capital Company (CAPCO) Program, a complicated and controversial tool used by some states to encourage venture capital investments, finds its beginnings in one region while seeing its demise in yet another.

  • Read more about The Up and Down of CAPCO Programs

Arizona Angel Capital Tax Credit Passes

Monday, May 16, 2005

Arizona's investment and technology communities are the anticipated winners from the state legislature's recent passage of a tax credit encouraging angel capital investments in start-up Arizona tech firms.

  • Read more about Arizona Angel Capital Tax Credit Passes

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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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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. 
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