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Useful Stats: State R&D Expenditures, Intensity per State: FY 2006 & 2007

Wednesday, December 9, 2009

In FY2007, the states in aggregate expended $1.23 billion in funds for research and development, according to recent data released by the National Science Foundation. This is the second year consecutive annual data from the NSF's State Agency Research and Development Expenditures series has been produced. SSTI has prepared a table that shows for both FY07 and FY06 each state's expenditures for R&D from the state government, the state's GDP, and the spending intensity as measured by R&D expenditures per million dollars of GDP.

  • Read more about Useful Stats: State R&D Expenditures, Intensity per State: FY 2006 & 2007

Job Corner

Wednesday, December 9, 2009

The Information Technology and Innovation Foundation, a Washington, DC think tank, is accepting applications for two positions described below:

  • Communications Director: This is a permanent, full-time position reporting to the president of ITIF. It is an exciting opportunity for someone who would like to not only deepen their policy expertise, but also influence the public debate on critical innovation policy issues. Read more…
  • Read more about Job Corner

President Obama Announces Startup America Legislative Agenda

Wednesday, February 1, 2012
On the one-year anniversary of the entrepreneur-focused Startup America Initiative, President Obama issued a new legislative agenda to boost the creation and growth of startup companies. The proposals include tax breaks for small business payrolls and expenses, an expansion of the Small Business Investment Company (SBIC) program and the elimination of country-specific caps on immigrant visas.
  • Read more about President Obama Announces Startup America Legislative Agenda

Three Elements Needed for Small Business Success, Report Shows

Wednesday, February 1, 2012
The U.S. must increase the access to three elements help small businesses thrive and restore U.S. competiveness, according to a new report from the Center for Public Policy Innovation (CPPI) — Restoring U.S. Competitiveness: Creating Jobs and Unleashing the Potential of Small Businesses through Technology and Innovation. The key elements include: Access to Capital — Gaining access to capital is an obstacle for all small businesses. However, the U.S.
  • Read more about Three Elements Needed for Small Business Success, Report Shows

TBED People & Orgs

Wednesday, February 1, 2012
John Morris, who has led Tech 20/20's Center for Entrepreneurial Growth, has become the president and CEO. He succeeds Mike Cuddy who retired. The Tech Council of Maryland named Art Jacoby as its interim CEO.
  • Read more about TBED People & Orgs

DOE Announced $2M in Funding for University-Based Clean Energy Business Competitions

Wednesday, July 27, 2011

Steven Chu, Secretary of the Department of Energy, announced $2 million in available funding for the National University Clean Energy Business Challenge — a nationwide network of regional university-based clean energy business creation competitions.

  • Read more about DOE Announced $2M in Funding for University-Based Clean Energy Business Competitions

Pair of IL Bills Boost Investment in Tech-based Firms, Support Student Entrepreneurs

Wednesday, July 27, 2011

Gov. Pat Quinn this week signed into law two bills in support of tech-based companies and student entrepreneurs. SB 107 builds on the state's Technology Development Account, which allows the state to invest up to 1 percent of its investment portfolio in venture capital firms that in turn invest in technology-based businesses. The new law increases the amount to 2 percent. Companies may use the funding for R&D, marketing new products and workforce expansion. Another bill signed by Gov.

  • Read more about Pair of IL Bills Boost Investment in Tech-based Firms, Support Student Entrepreneurs

SBA Licenses First Impact Fund In Michigan

Wednesday, July 27, 2011

Michigan's InvestMichigan! Mezzanine Fund is slated to become the Small Business Administration's (SBA) first licensed Impact Investment Fund through the agency's new Impact Investment Initiative. The SBA initiative, which is part of the White House's Startup America initiative, uses the existing infrastructure of the Small Business Investment Company (SBIC) program to encourage small business growth. Participating funds must make place-based investments in small businesses in underserved areas, or investments in the clean energy and education sectors.

  • Read more about SBA Licenses First Impact Fund In Michigan

NSF Awards $10M for Stanford Engineering Entrepreneurship Center

Wednesday, July 27, 2011

The National Science Foundation (NSF) recently awarded a five-year, $10 million grant to the Stanford Technology Ventures Program (STVP) to create a national center for entrepreneurship engineering. STVP will partner with the National Collegiate Inventors and Innovators Alliance (NCIIA) to develop resources for undergraduate entrepreneurship programs at engineering schools across the country. Read the announcement...

  • Read more about NSF Awards $10M for Stanford Engineering Entrepreneurship Center

Colorado Blueprint Focuses State Economic Development Efforts on Innovation

Wednesday, July 27, 2011

Colorado Gov. John Hickenlooper unveiled the Colorado Blueprint: A Bottom-up Approach to Economic Development, "a document that responds to outlines the steps that will be taken by the Hickenlooper Administration over the next few years to support and promote economic development across Colorado. "The plan consists of six focus areas and 24 action items to spur the state's economic development. The six areas are:

  • Making Colorado more business friendly;
  • Recruiting and retaining businesses;
  • Read more about Colorado Blueprint Focuses State Economic Development Efforts on Innovation

Study Identifies Barriers, Strategies for Tech Transfer from Federal Labs to Industry

Wednesday, July 27, 2011

The diversity and scope of a federal laboratory's mission, congressional support and oversight, and the centralization/decentralization of technology transfer functions at the agency and laboratory levels are among the factors that affect technology transfer and commercialization at federal laboratories, according to a recent report sponsored by the Department of Commerce. Findings are based on literature review and discussions with technology transfer personnel at federal agencies and laboratories.

  • Read more about Study Identifies Barriers, Strategies for Tech Transfer from Federal Labs to Industry

Job Corner

Wednesday, July 27, 2011

The High Technology Development Corporation, an agency of the State of Hawaii, is responsible for promoting and advancing technology-based economic development in Hawaii. They are currently seeking applicants for two positions:

  • Read more about Job Corner

Biomedical Initiatives Face Cuts As Governors Seek to Erase Deficits

Wednesday, December 2, 2009

Governors across the nation are trying to find ways to prevent their state finances from falling further in the red as revenues continue to fall while costs for Medicare and unemployment remain high. Deficit-reduction plans announced in two states seek to delay payments and cut funding to biomedical research initiatives that were established to expand the states’ research capacity and generate wealth.

Connecticut

  • Read more about Biomedical Initiatives Face Cuts As Governors Seek to Erase Deficits

Funding for TBED Programs Cut in Mississippi Governor’s Budget Proposal

Wednesday, December 2, 2009

Calling for shared sacrifice among all state agencies, Gov. Haley Barbour outlined his FY11 budget recommendations reducing most agencies by 12 percent below the FY10 appropriation, excluding the Mississippi Development Authority, which would be cut only 5 percent because of its role in job creation. Tech-based economic development programs funded by the Authority are zeroed out in the governor’s proposal, however.

  • Read more about Funding for TBED Programs Cut in Mississippi Governor’s Budget Proposal

Virginia Governor Announces $25 Million in Possible Funding for Medical Research Institute

Wednesday, December 2, 2009

Virginia Governor Tim Kaine announced the creation of The Ignite Institute, a nonprofit medical research institute to be housed initially at the Center for Innovative Technology. The state will provide $3 million from the Governor's Opportunity Fund and $22 million in incentive grants, subject to General Assembly approval. The institute expects to draw $200 million in initial financing and create 415 jobs. Read more at: http://www.ignitehealth.org/.

  • Read more about Virginia Governor Announces $25 Million in Possible Funding for Medical Research Institute

WIPO Expands Searchable Patent Application Database

Wednesday, December 2, 2009

The United Nation’s World Intellectual Property Organization (WIPO) in Geneva recently announced an expansion of its online free searchable patent application database. In addition to containing an existing 1.65 million international patents filed for protection under the Patent Cooperation Treaty (PCT) from 30 countries, the database now includes digital information for 1.49 million additional records from the Republic of Korea, Mexico, Israel, South Africa, Singapore, Vietnam, the African Regional Intellectual Property Organization (ARIPO), and Cuba.

  • Read more about WIPO Expands Searchable Patent Application Database

Job Corner

Wednesday, December 2, 2009

NorTech, the Northeast Ohio Technology Coalition, seeks applications for a Vice President. Reporting to the president and CEO, and serving as an integral member of the senior management team, the VP will be responsible for the development of several NorTech initiatives including technology commercialization, flexible electronics cluster building, and support on government engagement.

  • Read more about Job Corner

TBED Community Represented During State of the Union Address

Wednesday, January 25, 2012
A recent invitation from the White House to a high-tech entrepreneur who grew his company with help from TBED programs signifies the important role of high-growth companies for improving our nation's competitiveness. Hiroyuki "Hiro" Fujita, founder and CEO of Quality Electrodynamics, a medical device company founded in 2006, was invited to attend the State of the Union address as a guest of the First Lady upon recommendation from Cleveland Clinic Innovations, an SSTI member.
  • Read more about TBED Community Represented During State of the Union Address

EDA Seeks Public Comments On New Competition

Wednesday, July 20, 2011

The Economic Development Administration (EDA) has issued a request for public comments on the structure of Economic Visioning Challenge, part of the recently announced Strong Cities, Strong Communities (SC2) initiative (see the

  • Read more about EDA Seeks Public Comments On New Competition

ITIF Ranks U.S. Fourth in Global Index of Innovative Economies

Wednesday, July 20, 2011

In an update of their 2009 The Atlantic Century report, the Information Technology and Innovation Foundation reports that the U.S. continues to rank fourth in innovation-based competitiveness and second-to-last in innovative progress. Among the 43 nations included in the study, only Italy ranked lower than the U.S. in improving their innovative competitiveness. Certain U.S. regions performed much better than the country as a whole. For example, Massachusetts, if taken as an independent economy, would rank as the most innovative economy in the world.

  • Read more about ITIF Ranks U.S. Fourth in Global Index of Innovative Economies

Changes to RIEDC Board, Leadership Signed into Law

Wednesday, November 18, 2009

Gov. Donald Carcieri signed legislation last week expanding the Rhode Island Economic Development Corporation (EDC) board and allowing the state to offer the incoming EDC director a three-year contract that extends past the governor’s term, which ends next January. The changes are expected to boost the agency’s effectiveness and attract better candidates for the state’s top economic development position.

  • Read more about Changes to RIEDC Board, Leadership Signed into Law

Maine S&T Action Plan Outlines Goals for Capitalizing on Research

Wednesday, November 18, 2009

Since the 1990s, Maine has done an excellent job investing in R&D to establish a robust research capacity, but little has been done in terms of building a capacity for innovation and entrepreneurship, according to the 2010 Science and Technology Action Plan. The report identifies three main strategies to position the state as a global competitor and create high-paying jobs and economic prosperity.

  • Read more about Maine S&T Action Plan Outlines Goals for Capitalizing on Research

Vermont Gov Proposes $8M Investment in University Programs

Wednesday, January 18, 2012
Gov. Peter Shumlin introduced a plan to invest $8 million in university programs designed to address a shortage of skilled workers. Under the plan, the University of Vermont and Vermont State Colleges each would receive $4 million in one-time funding to implement university-industry partnerships, facilitate re-entry of science and engineering professionals, and expand dual enrollment for high school seniors. In his Budget address to lawmakers last week, Gov.
  • Read more about Vermont Gov Proposes $8M Investment in University Programs

NSF 2012 Science & Engineering Indicators Are Now Available

Wednesday, January 18, 2012
The National Science Foundation's National Science Board has released the 2012 edition of its biennial compilation of U.S. science and engineering indicators and trends. This year's release includes an interactive tool to view state S&E data and a separate digest with 30 key data points for evaluating U.S. progress. While the U.S. still leads the world in many of these key metrics, developing countries appear to have made significant strides in S&E competitiveness, according to the report. Additional data will be available after February 15.
  • Read more about NSF 2012 Science & Engineering Indicators Are Now Available

New Firms and SMEs fuel the European Union's Job Growth, According to New Report

Wednesday, January 18, 2012
Between 2002 and 2010, small- and medium-sized enterprises (SMEs) created 85 percent of new jobs in the European Union (EU), according to "Do SMEs Create More and Better Jobs?" — a new report from the European Commission. During this period, SMEs' annual employment growth (1 percent) grew at twice the rate of large enterprise (0.5 percent). Fueled mostly by the birth of new SMEs, net employment in the EU rose by an average of 1.1 million new jobs each year. In 2010, SMEs employ 67 percent of all workers in Europe.
  • Read more about New Firms and SMEs fuel the European Union's Job Growth, According to New Report

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Recent news from the SSTI Digest

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Wednesday, February 25, 2026

It has been five long, dark months for the nation’s small innovation-focused businesses and the regional innovation systems that rely on them for their strongest startups and future leaders, but a ray of light appeared Wednesday afternoon as a compromise was announced on the stalled reauthorization of the federal SBIR/STTR programs. And, if passed as written, we won’t have to go through this again until September 2031, which shifts future debate until an off-election year.

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