North Carolina Gov. Pat McCrory is pushing for state funding of higher education to be based on the success that community colleges and universities have at placing their students in the job market. “I don't want to subsidize (a course) if that's not going to get someone a job ... it's the tech jobs we need right now,” stated McCrory on the nationally syndicated “Morning In America” radio broadcast.
Are we on the threshold of a new federal acquisitions process? Instead of the traditional Request for Proposal (RFP) process, federal agencies have been turning slowly to crowdsourcing as a model to address some of the most pressing problems for both federal agencies and the nation. Through crowdsourcing, a collaborative method of design, government entities like the Department of Defense's Defense Advanced Research Projects Agency (DARPA) and NASA hope to create a more innovative, streamlined design-to-production process at a fraction of the cost.
FCC Chairman Julius Genachowski called for all 50 states to be outfitted with at least one gigabit-speed community by 2015 in an op ed piece run by Forbes earlier this month. Approximately 42 communities in 14 different states already fit the bill and more are joining the effort in what Genachowski termed the “Gigabit City Challenge.”
The National Institute of Standards and Technology (NIST) has awarded cooperative agreements to organizations in South Dakota and Kentucky to fill absences of the Hollings Manufacturing Extension Partnership (MEP) program. After 10 years, South Dakota will again have an MEP center — the South Dakota Manufacturing and Technology Solutions, housed at the University of South Dakota in Vermillion.
Leslie Guice officially was approved by the University of Louisiana System Board of Supervisors to become the 14th president of Louisiana Tech University. Guice will take office July 1, 2013.
Camille Saltman has joined MD Revolution as president. Saltman was previously president of CONNECT and continues to be a member of CONNECT's board of directors.
Upbeat revenue forecasts and shared economic principles have Republican governors in four states requesting more funds for higher education tied to performance metrics or workforce outcomes. Recent budget proposals introduced in Florida, Ohio, Pennsylvania and Texas focus on competing for talent and jobs through efforts to encourage STEM learning and teaching and incentivizing outcomes such as graduating more students in high-demand fields, conducting research and more. College affordability is addressed through measures that would freeze tuition or cap increases.
Last week, the U.S. Treasury released interim rules for the new Community Development Financial Institutions (CDFIs) Bond Guarantee Program. Through the program, eligible CDFIs will issue bonds that are guaranteed by the federal government and use the bond proceeds to extend credit to the broader CDFI industry for community development. Unlike other CDFI Fund programs, the bond proceeds are debt instruments that must be repaid. The Treasury Department will guarantee up to 10 bonds per year, each at a minimum of $100 million, up to a total of $1 billion per year.
In July 2009, President Obama challenged community colleges to graduate an additional five million students by 2020. According to the president's speech, community colleges uniquely are positioned to fuel the future of U.S. competiveness by developing an educated, skilled workforce to address the needs of a 21st century workplace.
On her last day, Secretary of State Hillary Rodham Clinton announced several State Department initiatives that aim to have a global impact. A number of those that will be funded focus on technology-based development. The program wPower seeks to advance women's clean energy entrepreneurship around the world by supporting 7,000 women to launch small businesses around energytechnologies that might increase energy access in their area.
While Congress remains in deadlock over another looming budget crisis, there is bipartisan movement on national immigration reform. Last week, a bipartisan group of senators introduced the Immigration Innovation Act of 2013 that focuses on reforming immigration law for high-skilled workers and promoting U.S. global leadership in innovation.
Tom McDonnell, President and CEO of the Kauffman Foundation, on Tuesday presented the organization's outlook on the current level of entrepreneurial activity in the U.S.. He began with news that there was growing national consensus that entrepreneurs can help promote growth in the sluggish economy, but cited challenges in capital financing and regulations.
The Saudi Basic Industries Corporation (SABIC) will invest $500M in launching four new technology and innovation facilities this year. Two facilities will be based in Saudi Arabia, and the other two will be built in India and China. SABIC's expansion will bring the organization's number of research facilities around the world to 18.
After dipping just under 50 percent in 2011, California reclaimed its spot as the site of a majority of U.S. venture capital investment last year, according to the National Venture Capital Association/PricewaterhouseCoopers Moneytree Survey. About 53 percent of all U.S. venture capital dollars were invested in California companies in 2012, the largest share captured by the state since the annual survey began in 1995.
In his fifth State of the Union address, President Obama announced education and immigration reform as core issues for his second term and laid out a plan for innovation and job creation policies that would be fundamental drivers for broad-based, long-term economic growth. While acknowledging the need for entitlement reform and deficit reduction, President Obama held firm in his conviction that public investment is necessary to ensure that the United States remains an economic superpower in the 21st century.
Revolutionizing STEM facilities, hiring new faculty, increasing undergraduate enrollment and even planning new dorms to house the anticipated influx of new students are part of Gov. Dan Malloy's proposed $1.5 billion expansion and investment in the University of Connecticut (UConn).
In partnership with local manufacturing firms, the Michigan Economic Development Corporation (MEDC) announced that it is accepting applications for the Michigan Advanced Technician Training (MAT2) program — a pilot program for high school seniors that will combine paid work experience with an associate's degree in the field of mechatronics.
A new ITIF report authored by Richard Bennett, Robert Atkinson, and Luke Stewart argues that the current negative perception of America's broadband network is inaccurate and that our national position is strong relative to other developed countries. In, “The Whole Picture: Where America's Broadband Networks Really Stand,” the authors argue that negative critics of U.S.
Following up on an announcement made in September, the Citizen and Immigration Ministry of Canada will launch a new visa program on April 1 to recruit innovators and entrepreneurs to the country. The Start-Up Visa Program will connect immigrant entrepreneurs with organizations who will be able to provide services and expertise to these entrepreneurs to help create startup businesses.
Capture national attention. Tell us your story, win an award, attend SSTI's Annual Conference for free, and share on a national platform all of your enviable accomplishments. Those are the simple steps that make up SSTI's 2013 Excellence in TBED awards program. Now in its seventh year, the awards are dedicated to recognizing and showcasing innovative approaches and impressive outcomes from tech-based groups working to improve their state or region's competitiveness. We'll begin accepting applications on April 16 with applications due June 11.
The Office of Budget and Management published a set of proposed reforms to streamline the federal grant process by consolidating the multiple federal regulations with duplicative requirements into a single, comprehensive uniform policy guide. The office hopes to augment efficiency and effectiveness, strengthen oversight and reduce fraud and waste, which is a growing concern.
Karen Mills, head of the Small Business Administration since 2009, has announced her departure. She will stay on until her successor is confirmed.
New Hampshire Gov. Maggie Hassan has nominated Jeffrey Rose to be the state's commissioner of Resources and Economic Development.
Following up on President Obama's advocacy of American manufacturing in the State of the Union address, the White House has released a document detailing the administration's manufacturing strategy. The strategy includes the formation of a new national network of Manufacturing Technology Acceleration Centers (MTACs), which will focus on moving technology into the products and processes of small- and medium-sized manufacturers. The National Institute of Standards and Technology's Manufacturing Extension Partnership program would oversee the initiative.
Over the last month, Gov. Scott Walker has slowly rolled out a series of ambitious proposals ranging from $25 million for venture capital investment to $100 million for worker training and nearly $500 million in new state funds for public education. Together, these and other broad-ranging initiatives make up the $68 billion 2013-15 biennial budget unveiled in its entirety yesterday.