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HHS Seeks Input to Encourage Medical Technology Innovation

Monday, May 24, 2004

To encourage innovation in health care and speed the development of new medical technologies, the Department of Health and Human Services (HHS) announced last week it is forming an internal task force to weigh new ideas and promote new solutions.

  • Read more about HHS Seeks Input to Encourage Medical Technology Innovation

Kentucky Strives to Increase Rural Broadband Access

Monday, May 24, 2004

Advocates for deregulating Kentucky's broadband industry argued doing so would result in increased rural access to high speed Internet services. They'll have the chance to prove it with Gov. Ernie Fletcher's signature this week on deregulation legislation, HB 627.

  • Read more about Kentucky Strives to Increase Rural Broadband Access

Mentoring, Financing Linked for Pittsburgh Biotech Firms

Monday, May 24, 2004

Financial success for any start-up tech firm more often depends on adequate financing and proper management than the specific technology, experts say. Two tech-based economic development organizations in Pittsburgh have formed a new alliance to offer entrepreneurial life science firms with an eye toward greater sustainability and profitability.

  • Read more about Mentoring, Financing Linked for Pittsburgh Biotech Firms

State Legislatures Warming to Ag Biotech, Analysis Finds

Monday, May 24, 2004

Concerns for wheat and organic markets remain, however

While state governments across the country are overwhelmingly in favor of health-related biotechnology, agricultural biotechnology has received a somewhat less enthusiastic reception. That may be changing - however slowly - according to new information released last week by the Pew Initiative on Food and Biotechnology.

  • Read more about State Legislatures Warming to Ag Biotech, Analysis Finds

Useful Stats: More SBIR Award Data

Monday, May 24, 2004

Defense 2003 SBIR Phase II Awards

The Department of Defense (DoD) distributed $766.9 million in awards under fiscal year 2003 Phase II Small Business Innovation Research (SBIR) Program competition. A total of 1,080 awards averaging more than $710,000 were made.

  • Read more about Useful Stats: More SBIR Award Data

Pennsylvania Works Toward $90 Million Life Sciences Initiative

Friday, May 11, 2001

Governor Tom Ridge’s $90 million plan to create a series of life science research/commercialization centers would be the largest, single technology initiative ever proposed in Pennsylvania, according to a recent press release from the Governor's office. The Life Sciences Greenhouse Initiative would be a network of innovation centers in Philadelphia, Pittsburgh and Harrisburg closely connected to university research activities.

  • Read more about Pennsylvania Works Toward $90 Million Life Sciences Initiative

Senate Says Community Tech Centers Should Stay in Education

Friday, May 11, 2001

The National Journal’s Technology Daily reported Wednesday that the Senate has approved an amendment to the Elementary and Secondary Education Act reauthorization bill (S.1) that would authorize up to $100 million for the Community Technology Centers program. The amendment, introduced by Senator Barbara Miluski of Maryland and passed by a 50-49 vote, also keeps the popular program within the Department of Education.



  • Read more about Senate Says Community Tech Centers Should Stay in Education

Are State Coffers in Jeopardy from Fed Tax Cut?

Friday, May 11, 2001

With the National Conference of State Legislatures saying 23 states already feel the pinch of a slowing economy and large state tax cuts made during the late 1990s, at least one group says the situation will only worsen with the pending federal tax cut. Basing its analysis of the President's original tax cut proposal, Citizens for Tax Justice estimates states stand to lose potentially $35 billion dollars a year in revenues by 2012.



  • Read more about Are State Coffers in Jeopardy from Fed Tax Cut?

Useful Stats: Federal Investment in Academic Science & Engineering

Friday, May 11, 2001

The National Science Foundation (NSF) has released Federal Science and Engineering Support to Universities, Colleges, and Nonprofit Institutions: Fiscal Year 1999 (NSF 01-323). The data presented in the 33 tables cover all categories of direct federal science and engineering (S&E) support to institutions of higher education in the United States. The 18 agencies listed in these tables provide virtually all of the Federal funding for S&E research and development (R&D) at U.S.

  • Read more about Useful Stats: Federal Investment in Academic Science & Engineering

State & Local Tech-Based ED Round Up

Friday, May 11, 2001

Arkansas

  • Read more about State & Local Tech-Based ED Round Up

$24 Million Available for Materials Research Centers

Friday, May 11, 2001

Between 10 and 15 Materials Research Science and Engineering Centers (MRSEC) will be funded by the National Science Foundation (NSF) in early 2002. In a recently released request for proposals, NSF indicates that it has $24 million available for the centers.

  • Read more about $24 Million Available for Materials Research Centers

People

Friday, May 11, 2001

Lewis Branscomb, one of the leading voices in science and technology policy, and Harold E. Varmus, former director of the National Institutes of Health and a Nobel prize holder for contributions to understanding the mechanisms of cancer, will receive the Vannevar Bush Award for lifetime achievement in science and public service from the National Science Board (NSB) on May 23.



  • Read more about People

People

Friday, May 11, 2001

Lewis Branscomb, one of the leading voices in science and technology policy, and Harold E. Varmus, former director of the National Institutes of Health and a Nobel prize holder for contributions to understanding the mechanisms of cancer, will receive the Vannevar Bush Award for lifetime achievement in science and public service from the National Science Board (NSB) on May 23.

  • Read more about People

People

Friday, May 11, 2001

Joseph Hammang, currently vice president for science, technology and business development at the Rhode Island Economic Development Corp., has accepted a position with the Rhode Island Economic Policy Council to run the Samuel Slater Technology Fund and six Slater Centers. Mr. Hammang will remain the Governor's Advisor for Science and Technology.

  • Read more about People

People

Friday, May 11, 2001

In March, the North Dakota Department of Economic Development and Finance (ED&F) named Jim Hirsch director of workforce development.

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People

Friday, May 11, 2001

Ann Rydalch has been elected to serve as chair of the Federal Laboratory Consortium for Technology Transfer. Ms. Rydalch works for at the Idaho National Engineering & Environmental Lab. Outgoing chair C. Dan Brand will be retiring this summer.

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People

Friday, May 11, 2001

Christopher Anderson has been promoted to become president of the Massachusetts High Technology Council. Prior to his appointment, Mr. Anderson served as vice president and general counsel to the organization.

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People

Friday, May 11, 2001

SSTI welcomes Mark Kish to the staff as our new Writer/PR Assistant. Mark will assist with the SSTI Weekly Digest, updating and expanding our website, and planning for our September 19-21 annual conference.

  • Read more about People

$3.5B Round of New Markets Awards Announced

Monday, May 17, 2004

Sixty-two organizations in 44 states and the District of Columbia will receive a total of $3.5 billion in tax credit allocations through the second competitive round of the New Markets Tax Credit (NMTC) Program, the Treasury Department recently announced. Several of the selected organizations have a national market perspective.

  • Read more about $3.5B Round of New Markets Awards Announced

SC Council Formed to Reshape the State's Economy

Monday, May 17, 2004

A new economic development council formed in South Carolina has been charged with two objectives: help reshape the state’s economy and raise its per-capita income. Members of the South Carolina Council on Competitiveness, a group of business, academia, government and economic development leaders, were announced earlier this month.

  • Read more about SC Council Formed to Reshape the State's Economy

Report Focuses on Evaluating R&D

Monday, May 17, 2004

A new report from the Advanced Technology Program (ATP), A Toolkit for Evaluating Public R&D Investment, provides useful information to anyone interested in evaluating publicly-sponsored research and development (R&D) programs. While the report focuses on more than 40 evaluations that have been performed for ATP, it offers one of the most comprehensive and understandable overviews of evaluation methods and applying those approaches.

  • Read more about Report Focuses on Evaluating R&D

Changing Role of Community Colleges Redefining the S&T Workforce

Monday, May 17, 2004

Community colleges can play an important part in shaping the workforce in the science and technology (S&T) sector. For example, with the growth in biotech, there is an increasing need for technicians in the biotech field and workers are finding that they can prepare for these jobs rather quickly in community colleges. Technicians in biotech manufacturing facilities generally have two-year specialized training or an associate degree from a technical or community college, according to the U.S.

  • Read more about Changing Role of Community Colleges Redefining the S&T Workforce

Useful Stats: 2003 DoD Phase I SBIR Proposals and Awards

Monday, May 17, 2004

The Department of Defense (DoD) distributed $152.9 million in awards under its fiscal year 2003 Phase I Small Business Innovation Research (SBIR) Program competitions. A total of 1,882 awards were selected from a pool of more than 15,000 proposals across all states and the District of Columbia.

  • Read more about Useful Stats: 2003 DoD Phase I SBIR Proposals and Awards

Bipartisan Efforts Deliver New Tech Programs, Acts for Arkansas

Friday, May 4, 2001

A wide range of research and tech-based economic development bills were approved by the Arkansas legislature, which ended its legislative session in mid-April. With proposals and support coming both from Republican Governor Huckabee and the heavily Democratic legislature, Arkansas is the latest state to demonstrate broad bipartisan support for investing in science and technology.



  • Read more about Bipartisan Efforts Deliver New Tech Programs, Acts for Arkansas

NVCA Looks at Venture Capital's Economic Impact

Friday, May 4, 2001

U.S. companies originally backed by venture capital created 4.3 million new jobs last year according to a new economic impact study released this week by the National Venture Capital Association (NVCA). Those companies generated $736 billion in revenues in the year 2000 and, according to the study, venture capital-backed businesses represented 3.3% of the nation's total jobs and 7.4% of Gross Domestic Product in 2000.



  • Read more about NVCA Looks at Venture Capital's Economic Impact

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Recent news from the SSTI Digest

Recent Research: National industrial policy to reshore US manufacturing can yield positive local effects

Thursday, March 12, 2026
Three academic researchers estimate that the localized job creation impacts resulting from the CHIPS and Science Act already have had a net gain of 12% in the affected counties. The direct jobs in the semiconductor sector alone are 15,000-16,000 short-term positions. With the high-paying nature of jobs in the field, researchers Bilge Erten, Joseph E. Stiglitz, and Eric Verhoogen estimate that, as a spillover effect, 15,000 to 30,000 additional indirect jobs have been created in related sectors.
manufacturing
CHIPS and Science Act

Useful Stats: Sectoral contributions to county GDP

Wednesday, March 11, 2026
Policymakers should be interested in which sectors are present in their region to ensure TBED investments and workforce priorities can have the greatest impact. Exploring gross domestic product (GDP) at the county level offers a detailed look at the economic output of sectors and how they shape local economies. At the county level, data for smaller or more rural counties may reveal nuances invisible when looking broadly at entire MSAs or states, particularly for those areas with lower populations.
useful stats
gdp
manufacturing

National VC trends and which states are bucking them

Wednesday, March 11, 2026
National VC investment over the past five years has seen significant swings, first driven by pandemic impacts and rebounds, then by the rocket ride of AI. According to PitchBook data, national VC activity below $100 million declined from nearly 10,500 deals in 2020 to just under 8,200 in 2025, a 22% drop. Over the same period, the total capital invested increased by just over $5 billion (6%). The trend of more funding into fewer deals is highlighted by the median deal size more than doubling to over $4 million (Fig 1). These macro trends are important as they set the stage for what is happening at the state level. 
venture capital
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