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People

Monday, September 18, 2006

Indiana Economic Development Corp. President Mickey Maurer will resign at the end of 2006, fulfilling his pledge to Gov. Mitch Daniels to serve two years.

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People

Monday, September 18, 2006

Michael Relyea has been named executive director of New York State Foundation for Science, Technology and Innovation, the public benefit authority that oversees the New York State Office of Science, Technology and Academic Research (NYSTAR). Dr. Russell Bessette, executive director of NYSTAR, will serve as chief science advisor for the foundation and its board.

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People

Monday, September 18, 2006

Dr. Raymond Taylor has joined the Southern Growth Policies Board leadership team as senior fellow and director of the organization's Council on the New Economy Workforce.

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People

Monday, September 18, 2006

The Kansas Bioscience Authority named Thomas Thornton as its first president and CEO.

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People

Monday, September 18, 2006

Dr. Janet Yancey-Wrona left her post as director of the Maine Department of Economic and Community Development's Office of Innovation to join a new University of New England biotech start-up.

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SSTI Job Corner

Thursday, August 14, 2008

Complete descriptions of these opportunities and others are available at http://www.ssti.org/posting.htm.

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Transforming Regional Economies: The Essence of Tech-Based Economic Development

Monday, September 11, 2006

Incubators and accelerators. Angel, seed and venture capital. Research parks. University and industry research. Technology licensing and commercialization. Entrepreneurship assistance. R&D tax credits. Technology workforce development. Regional technology councils. Manufacturing extension. Science and technology advisers.



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Oklahoma City Offers Perfect Fit for SSTI's 10th Annual Conference

Monday, September 11, 2006

If there is ever an example of a city-region that can demonstrate the benefits of working as a team to transform its economy through all aspects of tech-based economic development, it would have to be the Oklahoma City area. And fortunately, the vibrant community is based in a state that both understands what is needed for transforming an economy from being natural resource-based to knowledge-driven and is matching talk with real money.



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Opening Night Reception to Showcase Generosity, Spirit of Our Oklahoma Sponsors

Monday, September 11, 2006

On the evening of Oct. 31, SSTI's conference participants will be treated to a fun-filled evening of dinner, drinks, art, culture and entertainment thanks to the overwhelming generosity of the conference's 22 local hosts.The event will be held at the National Cowboy & Western Heritage Museum, a stunning 100 percent non-publicly funded cultural art museum and research center.



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Texas Council Recommends Reorganizing Economic Development Efforts

Wednesday, August 13, 2008

Texas Gov. Rick Perry's Competitiveness Council has released its recommendations following a year-long study of the state challenges in the global economy. The study found that Texas lacks the institutional organization to execute transformational economic programs and will require greater collaboration between state agencies to remain competitive in high-tech industries.

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David Wilhelm to Keynote SSTI's 12th Annual Conference

Wednesday, August 13, 2008

Most Digest readers know access to equity capital serves a critical role in encouraging regional innovation. But the stats on venture capital (VC) deals demonstrates all too well that money isn't flowing freely everywhere. The economy also is presenting challenges for equity deals, making exits more scarce. How can underserved areas attract early-, seed and late-stage capital?

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Arkansas Two-year Colleges Offering Entrepreneurship Degrees

Wednesday, August 13, 2008

Entrepreneurship education courses continue to appear across the country. A large-scale commitment was announced recently, as eight Arkansas two-year colleges will offer degrees and certificates in entrepreneurship this fall. The broad availability is expected to help create a culture of entrepreneurship that extends from regions capitalizing in the emerging fields of bioscience and nanotechnology research to the rural pockets of the state in need of high-paying jobs.
 

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Recent Research: Older Firms Necessary for Job Growth

Wednesday, August 13, 2008

Gazelles, a small subset of firms that grow rapidly over a period of years, are believed by many to have a disproportionate impact on the U.S. economy. Though the precise definition of gazelle firms differs between studies, these businesses are recognized as a dominant force in economic and employment growth.

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Useful Stats: Five-year Change in Per Capita Income by U.S. Metro Area

Wednesday, August 13, 2008

According to statistics released last week by the Bureau of Economic Analysis (BEA), per capita personal income in the U.S. was $38,632 in 2007, a 22.6 percent increase since 2003. Over this same five-year period, 118 of the country’s 363 metropolitan statistical areas experienced an increase in per capita income greater than the U.S. rate of growth. SSTI has prepared a table for all 363 U.S. metro areas, showing the change in per capita income from 2003 to 2007.

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Research Park RoundUp

Wednesday, August 13, 2008

The following overview is a synopsis of select recent announcements from research parks across the world, including groundbreakings and development plans to support vibrant regional economies based on science, technology and innovation. 
 

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SSTI Appoints Four Distinguished Leaders to Board

Wednesday, August 13, 2008

Four leading members of the technology-based economic development community were elected to the State Science and Technology Institute (SSTI) board of trustees today, each bringing fresh perspective and unique insight on issues affecting SSTI’s nationwide network of policymakers and practitioners working to improve state and regional economies through science, technology and innovation.
 

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Job Corner: Griffin Seeks Director of Laboratory Operations and Applications Development

Monday, September 4, 2006

Griffin Analytical Technologies, LLC, a producer of premium chemical detection systems, is seeking a director of laboratory operations and applications development. Griffin serves U.S. Departments of Defense and Homeland Security applications, environmental health and safety monitoring, and research and teaching laboratories. The director will manage the workflow of Griffins labs, manage a staff of five, support research programs, and support sales and marketing efforts. A Ph.D. degree is preferred.

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New TBED Proposals Win Support in Michigan Legislature

Wednesday, August 6, 2008

Last month, Gov. Jennifer Granholm announced legislative approval of two TBED priorities unveiled during her State of the State Address, a program supporting in-state entrepreneurs and continued investment in an initiative to train displaced workers. 

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Governors Challenge Youth to Solve Real-world Industry Problem

Wednesday, August 6, 2008

Armed with professional advice from mentors in scientific fields and free access to sophisticated design and engineering software, teachers and students from Hawaii, Kansas, Minnesota, Oklahoma, Vermont and Virginia will participate in a national competition to solve a real-world engineering challenge defined by the aviation industry.
 

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Recent Research: Studies Offer Varied Approaches to Estimate Impact of Offshoring and Global Trade

Wednesday, August 6, 2008

Opportunities to secure jobs requiring specialized training and more educated workers - the same types of higher wage positions coveted by U.S. tech-based economic development practitioners - increasingly are appearing in other countries as companies look to enter new markets and reduce costs. As a result, offshoring and its effects on an ever-changing U.S. labor force are topics receiving a lot of play during this election cycle.

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SSTI Job Corner

Wednesday, August 6, 2008

A complete description of this opportunity and others is available at http://www.ssti.org/posting.htm.

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People

Monday, August 21, 2006

Mary Lawyer is leaving the Iowa Department of Economic Development to be the president and CEO of Des Moines' Downtown Community Alliance, effective Sept. 14.



Maneesh Sagar has been named director of investments at Connecticut Innovations.



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People

Monday, August 21, 2006

Mary Lawyer is leaving the Iowa Department of Economic Development to be the president and CEO of Des Moines' Downtown Community Alliance, effective Sept. 14.

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People

Monday, August 21, 2006

Maneesh Sagar has been named director of investments at Connecticut Innovations.

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People

Monday, August 21, 2006

Purdue University has hired Mark Smith as its new Workforce Innovations in Regional Economic Development project administrator.

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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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