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Research Park RoundUp: AURP and NRC Testify on Research Park Bill

Wednesday, December 9, 2009

A bill being debated in Congress would provide federal support for the development of research parks, a major contributor to scientific discovery, technology commercialization and new company formation. S. 583, entitled the Building A Stronger America Act and introduced earlier this year, would make available grants and loan guarantees for the development and construction of science parks to promote the clustering of innovation through high technology activities.

  • Read more about Research Park RoundUp: AURP and NRC Testify on Research Park Bill

TBED People

Wednesday, December 9, 2009

Robert Fritzinger has been named the director of the new SUNY Fredonia Business Technology Incubator.

Ioanna Morfessis, a consultant from Phoenix, was unanimously appointed as the executive director of the Rhode Island Economic Development Corporation by the board of directors. Morfessis is expected to start work in January, and will serve as acting director until the Senate confirms her appointment.

  • Read more about TBED People

President Obama Launches Four-Year, Nationwide STEM Initiative

Wednesday, December 2, 2009

President Barack Obama recently launched Educate to Innovate, a campaign to partner with nonprofits and private companies to encourage K-12 students to pursue careers in science and technology. Initial partners include the MacArthur Foundation, the Bill and Melinda Gates Foundation, Time Warner Cable, Xerox, Kodak and Discovery Communications. The campaign will focus on involving students in STEM education opportunities outside of school.

  • Read more about President Obama Launches Four-Year, Nationwide STEM Initiative

North Carolina Governor Establishes Innovation Council

Wednesday, December 2, 2009

To foster strategic investments and policies in the knowledge and innovation economy, Gov. Bev Perdue recently signed an executive order establishing the North Carolina Innovation Council. The council is responsible for advising the governor on public and private investments and polices to promote innovation, move innovative ideas from the lab to the marketplace more efficiently, and strengthen collaboration among business, academia, and local government.

  • Read more about North Carolina Governor Establishes Innovation Council

U.S. Entrepreneurs See Opportunities Despite Troubled Economy, Says Report

Wednesday, December 2, 2009

Entrepreneurial activity in the U.S. increased from 9.6 percent in 2007 to 10.8 percent in 2008, according to the Global Entrepreneurship Monitor 2008 U.S. Entrepreneurial Assessment. Though the report found that fear of failure was on the rise among potential entrepreneurs, survey respondents indicated that they still believe there were ample opportunities for new businesses. Read the full report at: http://www.gemconsortium.org/article.aspx?id=131

  • Read more about U.S. Entrepreneurs See Opportunities Despite Troubled Economy, Says Report

Funds to Public Universities in Danger as State Revenues Sour

Wednesday, December 2, 2009

The current downswing in the economy is impacting appropriation levels to public institutes of higher education, requiring universities and colleges to pursue both short-term and long-term solutions to improve their revenues. In a recent survey to its membership, the Association of Public and Land-grant Universities (APLU) found 85 percent of schools experienced a reduction this year in state appropriations compared to the previous year. For almost half of responding public universities, the cut exceeded 10 percent.

  • Read more about Funds to Public Universities in Danger as State Revenues Sour

TBED People

Wednesday, December 2, 2009

TBED People
Eric Abelquist has been named executive vice president of Oak Ridge Associated Universities and deputy director of the Oak Ridge Institute for Science and Education.

Arn Boezaart, who has been interim executive director of the Michigan Alternative and Renewable Energy Center the past six months, will take over the position permanently.

  • Read more about TBED People

New Look for the Digest

Wednesday, November 18, 2009

This issue of the Digest unveils a new format and look for the Digest. Shorter but containing more material at the same time, we think this new format will permit you to get the most important news of the week for the TBED community in a format that works best for you. We consider literally hundreds of items each week for the Digest, so we’re particularly excited to introduce the Staff Picks section that will provide you with links to stories, videos, blog posts, etc. that we think you should be aware of.

  • Read more about New Look for the Digest

Feds Streamline Funding Process for Broadband Grant and Loan Programs

Wednesday, November 18, 2009

The Department of Agriculture’s Rural Utilities Service (RUS) and the Department of Commerce’s National Telecommunications and Information Administration (NTIA) recently announced that they are restructuring the funding process for the broadband programs introduced in the Recovery Act earlier this year.

  • Read more about Feds Streamline Funding Process for Broadband Grant and Loan Programs

Michigan Legislature Authorizes $30M for Centers of Energy Excellence

Wednesday, November 18, 2009

To attract additional federal funds and boost job creation, Michigan legislators passed a bill authorizing the state to spend another $30 million on a program to create alternative energy clusters and support technology commercialization.

  • Read more about Michigan Legislature Authorizes $30M for Centers of Energy Excellence

3 out of 4 Americans: Innovation More Important for Future than in Past; U.S. Education is Lagging

Wednesday, November 18, 2009

A recent survey found 78 percent of Americans believe innovation will be more important to the U.S. economy in the next thirty years than the previous thirty years. While the importance of innovation is recognized, 81 percent of Americans believe the quality of K-12 math and science education lags behind other countries. The survey of 1,200 U.S. respondents, commissioned by the Intel Corporation and Newsweek magazine, found that 33 percent of Americans said the U.S.

  • Read more about 3 out of 4 Americans: Innovation More Important for Future than in Past; U.S. Education is Lagging

Minorities Receiving S&E Bachelor’s, Master’s, and PhDs Reach All-Time Highs in 2006

Wednesday, November 18, 2009

Underrepresented minorities were awarded 79,097 bachelor’s degrees in science and engineering related fields in 2006, an 18 percent increase from 2002, according to data released this month by the National Science Foundation. In 2006, 14,099 S&E master’s degrees and 1,661 S&E doctoral degrees were awarded to underrepresented minorities, a 32 percent and 12 percent increase, respectively, compared to five years earlier.

  • Read more about Minorities Receiving S&E Bachelor’s, Master’s, and PhDs Reach All-Time Highs in 2006

International Students in U.S. Up by 8 Percent in 2008/09 to Highest Levels Ever

Wednesday, November 18, 2009

The total number of international students at colleges and universities in the U.S. reached an all-time high of 671,616 in the 2008/09 school year, rising 8 percent from the previous year and representing the largest percentage increase in 28 years. The Institute of International Education (IIE) reports in its annual Open Doors report that 15.4 percent of international students in the U.S. came from India, 14.6 percent from China, and 11.2 percent from South Korea. A record number of U.S.

  • Read more about International Students in U.S. Up by 8 Percent in 2008/09 to Highest Levels Ever

Global Entrepreneurship Week 2009 Underway: 87 Countries Participating

Wednesday, November 18, 2009

Nov 16-22 marks the second annual Global Entrepreneurship Week, a celebration of fostering innovation and ambition in people under 30 years of age and encouraging them to start new businesses. Founded by the U.S.-based Ewing Marion Kauffman Foundation and the UK-based Make Your Mark campaign, the Global Entrepreneur Week website maintains an interactive calendar of entrepreneur-focused events in 87 countries and all 50 states. According to the site, Tennessee leads the U.S.

  • Read more about Global Entrepreneurship Week 2009 Underway: 87 Countries Participating

SSTI Job Corner

Wednesday, November 18, 2009

NorTech, the Northeast Ohio Technology Coalition, seeks applications for a Vice President of Strategic Outreach. Reporting to the president and CEO, and serving as an integral member of the senior management team, the VP of Strategic Outreach will be responsible for the development of NorTech’s overall communication strategy and building relationships with key stakeholders.

  • Read more about SSTI Job Corner

U.S. Cities in Bad Shape Now, But 80% Say Next Year Likely to be Even Worse

Wednesday, November 11, 2009

Mayors from across the nation anticipate their cities will be in worse financial shape next year as sales tax revenue, revenue from service fees, and property tax revenues all are expected to decline. Findings from the U.S. Conference of Mayors survey indicate that while two out of three mayors expect budget shortfalls this year, four out of five are projecting shortfalls in their next fiscal year and those shortfalls are expected to be the same or larger than this year’s experiences.

  • Read more about U.S. Cities in Bad Shape Now, But 80% Say Next Year Likely to be Even Worse

Signed Legislation Begins to Define Federal R&D and TBED Appropriations for FY10

Wednesday, November 11, 2009

Exactly six weeks into the federal government's fiscal year which commenced on Oct 1, five of the 12 appropriations bills for FY10 have been signed into law by President Obama. The remaining seven bills are at various places in the appropriations process, none of which have emerged from conference committee for a final vote by each chamber.

  • Read more about Signed Legislation Begins to Define Federal R&D and TBED Appropriations for FY10

SSTI Job Corner

Wednesday, March 12, 2008

More information on these opportunities and others is available at http://www.ssti.org/posting.htm.



  • Read more about SSTI Job Corner

Angel Investors Supported Smaller Deals in the First Half of 2009

Wednesday, November 4, 2009

Angel investors are reducing the average size of their investments, according to the latest report from the University of New Hampshire Center for Venture Research. In the first half of this year, total angel investment dollars fell by 27 percent from the same period in 2008, but the number of angel deals increased by six percent. As a result, the average deal size has fallen by 31 percent since early 2008.

  • Read more about Angel Investors Supported Smaller Deals in the First Half of 2009

People & TBED Organizations

Wednesday, February 27, 2008

BioConnect of Greater Charlotte, a new networking group for Charlotte, N.C.-area workers in life-science-related fields, held its inaugural meeting earlier this month.



The North Carolina Biotechnology Center has hired Yonnie Butler as business development director of its business and technology development unit.



  • Read more about People & TBED Organizations

People & TBED Organizations

Wednesday, February 27, 2008

BioConnect of Greater Charlotte, a new networking group for Charlotte, N.C.-area workers in life-science-related fields, held its inaugural meeting earlier this month.

  • Read more about People & TBED Organizations

People & TBED Organizations

Wednesday, February 27, 2008

The North Carolina Biotechnology Center has hired Yonnie Butler as business development director of its business and technology development unit.

  • Read more about People & TBED Organizations

People & TBED Organizations

Wednesday, February 27, 2008

Bob Calcaterra announced he is resigning as president of the Nidus Center for Scientific Enterprise, effective this spring, to help form a venture capital fund.

  • Read more about People & TBED Organizations

People & TBED Organizations

Wednesday, February 27, 2008

James Ellick is taking a leave of absence as director of the Idaho Department of Commerce for personal reasons.

  • Read more about People & TBED Organizations

People & TBED Organizations

Wednesday, February 27, 2008

Bo Fishback is the new vice president of entrepreneurship for the Kauffman Foundation.

  • Read more about People & TBED Organizations

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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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