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Lawmakers Approve Funding for TBED Initiatives in State Budgets

Wednesday, March 12, 2008

Three states recently wrapped up their 2008 legislative sessions, resulting in the passage of operating and capital budgets for the upcoming fiscal year. State lawmakers approved funding for new and existing TBED initiatives aimed at diversifying the states' economies through increased investments in energy programs, higher education research initiatives and science, technology, engineering and mathematics (STEM) fields. 



South Dakota

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U.S. Universities to Assist Development of S&T University in Saudi Arabia

Wednesday, March 12, 2008

Earlier this month, three universities - Stanford University, the University of Texas at Austin and the University of California, Berkeley - announced partnerships with the King Abdullah University of Science and Technology (KAUST), a graduate-level research university set to open in Saudi Arabia by September 2009. Each of the U.S.-based universities will assist with the development of the following initiatives within specific academic fields of study at KAUST:

  • Read more about U.S. Universities to Assist Development of S&T University in Saudi Arabia

Recent Research: How "Surrogate Universities" Impacted the High-Tech Growth of the Boise Metro

Wednesday, March 12, 2008

The presence of "surrogate universities" - that is, nonacademic institutions able to attract a skilled workforce, produce marketable innovations and cultivate local entrepreneurship - have greatly influenced the growth of the tech-based economy of Boise and Idaho's Treasure Valley. Furthermore, distinctions in these surrogates' culture, innovation model and marketable products may help to explain the development of new technology firms in the metro area.

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12 Universities Join $15M Border Security and Technology Initiative

Wednesday, March 12, 2008

The U.S. Department of Homeland Security (DHS) recently announced the recipient universities to conduct security research through five new Centers of Excellence. These centers will develop new technologies to prevent natural and man-made disasters, improve government response to such crises and monitor the nation's shores and borders.

  • Read more about 12 Universities Join $15M Border Security and Technology Initiative

Vermont EPSCoR, Public TV Offer Series on State's Scientific Discoveries

Wednesday, March 12, 2008

State universities and research programs depend on public support to develop and commercialize new technologies, but the actual science involved in these discoveries can seem intimidating and arcane to the layman. How then should a state go about engaging the public in scientific research?

 

  • Read more about Vermont EPSCoR, Public TV Offer Series on State's Scientific Discoveries

People

Monday, February 27, 2006

George Bald is returning to serve as Commissioner of the New Hampshire Department of Resources and Economic Development. Bald served in the position from 1998-2004.

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People

Monday, February 27, 2006

George Bald is returning to serve as Commissioner of the New Hampshire Department of Resources and Economic Development. Bald served in the position from 1998-2004.

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People

Monday, February 27, 2006

Dr. R. Kelly Dawe was named the inaugural Georgia Research Alliance (GRA) Distinguished Investigator, a new level of investment made by GRA.

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People

Monday, February 27, 2006

Douglas Foy, Secretary for Commonwealth Development for Massachusetts, announced his resignation effective in March.

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People

Monday, February 27, 2006

Aaron Greenfield will serve as the new director of the Anne Arundel County Economic Development Corp. in Maryland.

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People

Monday, February 27, 2006

The six-month-old Information Technology Association of Wisconsin selected Jim Rice to serve as the organization's first president and CEO.

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People

Monday, February 27, 2006

South Carolina Gov. Mark Sanford named Joe Taylor to serve as the new Secretary for the S.C. Department of Commerce. Taylor succeeds Bob Faith, who is taking Taylor's position as chairman of the S.C. Jobs-Economic Development Authority.

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Growth Capital for Targeted Industries at Center of Rhode Island Economic Plan

Wednesday, March 5, 2008

Using the state’s regional advantage, the Rhode Island Economic Development Corporation (RIEDC) wants to create high-wage jobs in targeted industry sectors and establish new equity and financing programs that provide growth capital to sustain the ventures, the agency announced last week.

 

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Research Park RoundUp

Wednesday, March 5, 2008

The following overview is a synopsis of selected recent announcements from research parks across the nation, including new tenants, groundbreakings and tools for financing start-up companies.

                       

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Timeline Announced for 2008 Excellence in TBED Awards

Wednesday, March 5, 2008

The 2008 Excellence in TBED Awards call for applications is right around the corner, and this year, your organization could be recognized as a national leader in the TBED community.

 

As an award winner, you:

  • Read more about Timeline Announced for 2008 Excellence in TBED Awards

Global Innovation Race Tightening, EU Finds

Wednesday, March 5, 2008

The innovation gap between Europe and the U.S. is shrinking by several measures, according to the latest benchmarking study from the European Union (EU). The size of the gap remains significant, however, due in part to factors such as an increasing public R&D intensity in the U.S. and a decreasing public R&D intensity in the EU.

 

  • Read more about Global Innovation Race Tightening, EU Finds

Chinese Venture Capital Investment Grows in 2007, But Not in High-Tech Industries

Wednesday, March 5, 2008

Venture capitalists invested almost $2.5 billion in China in 2007, according to a new report from Dow Jones VentureSource. That figure is a 5 percent increase over the 2006, and the highest since 2001, despite a decrease in the number of deals. Though investment is not growing quite as quickly as it is in the U.S., where venture investment rose by 8 percent last year, China is becoming a key global market for venture investment.

 

  • Read more about Chinese Venture Capital Investment Grows in 2007, But Not in High-Tech Industries

Three VC Firms Picked to Extract Green Tech from Federal Labs

Wednesday, March 5, 2008

Last week, three venture capital firms were chosen by the Department of Energy (DOE) to participate in its new Entrepreneurship in Residence (EIR) program, a pilot initiative designed to get advanced energy technologies out of the federal labs and into the marketplace. In the program’s design, an entrepreneur affiliated with each venture capital firm will work with the selected DOE laboratory staff in order to identify and evaluate marketable technologies.

 

  • Read more about Three VC Firms Picked to Extract Green Tech from Federal Labs

Funds to Improve Existing Industries Prominent in Louisiana Budget

Wednesday, March 5, 2008

Gov. Bobby Jindal unveiled his fiscal year 2008-09 budget to the legislature last week, focusing heavily on improving the existing workforce and creating a business climate that encourages entrepreneurship.

 

  • Read more about Funds to Improve Existing Industries Prominent in Louisiana Budget

Job Corner: Carolina Center for Competitive Economies Seeks Associate Director for Research

Monday, February 20, 2006

The Carolina Center for Competitive Economies (C3E) at the University of North Carolina, Chapel Hill, invites applications for the position of Associate Director for Research.

  • Read more about Job Corner: Carolina Center for Competitive Economies Seeks Associate Director for Research

People

Monday, February 20, 2006

Temi Bova is the new director of Union College's U-start technology business incubator in Schenectady, N.Y.

The Ben Franklin Technology PArtners of Central and Northern Pennsylvania promoted Stephen Brawley to serve as president and CEO.

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People

Monday, February 20, 2006

Temi Bova is the new director of Union College's U-start technology business incubator in Schenectady, N.Y.

  • Read more about People

People

Monday, February 20, 2006

The Ben Franklin Technology PArtners of Central and Northern Pennsylvania promoted Stephen Brawley to serve as president and CEO.

  • Read more about People

People

Monday, February 20, 2006

Alan Brown was named executive director of the Pennsylvania NanoMaterials Commercialization Center, a newly formed economic development initiative.

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People

Monday, February 20, 2006

The Wright Center of Innovation for Advanced Data Management and Analysis changed its name to daytaOhio and named Paul Cashen as its new president.

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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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