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.
Gov. Jay Inslee's vision for creating a more prosperous state economy through investments in key industry sectors came full circle with the announcement of his Working Washington Agenda, which prioritizes a similar set of proposals touted last year during his run for governor. The plan includes legislation, government reforms and new state investments totaling nearly $120 million focused around five areas.
The Patent and Trademark Office of the U.S. Department of Commerce published final rules of practice for implementing the first-inventor-to-file provision of the Leahy-Smith America Invents Act (AIA) that will take effect on March 16. The AIA is a major step towards harmonizing the patent systems of the U.S. and its major trading partners. The legislation will aid the U.S.
Commissioned by the North Carolina Biotechnology Center, a study found North Carolina's biotech industry employees almost 58,000 residents at an average annual wage of $78,000. From 2001 to 2010, employment in the state's biotech industry grew by 23.5 percent (approximately 12,000 new jobs) — 3.5 times faster than the national biotech workforce. In comparison, North Carolina's private-sector workforce declined by 2.8 percent in the same period.
The University of Maryland announced the Academy for Innovation and Entrepreneurship, an initiative to infuse a culture of innovation and entrepreneurship across its campus through a series of classes, workshops and outside-the-classroom experiences. By providing the necessary encouragement and resources, the university administration hopes to empower students and faculty to translate their passions and creative ideas into real-world solutions to economic, societal, technological and cultural problems. Launching in fall 2013, the academy will be led by Dr.
A recent Office of Science and Technology Policy (OSTP) memorandum instructs major federal research agencies to provide open access to federally funded research and digital scientific data. All federal agencies with an extramural research budget that exceeds $100 million will participate, following the example of the National Institutes of Health (NIH), which implemented a similar policy in 2008. Over the next six months, these agencies will draft plans to ensure that any results of federal research published in peer-reviewed scholarly publications are available to the public.
In his State of the State address, Gov. Neil Abercrombie stressed the importance of investing in innovation to diversify the state's economy and grow Hawaii's economic base, traditionally rooted in military and tourism. To this end, the governor wants to back startup companies with $20 million over two years for what he considers the critical building blocks of an innovation ecosystem: research commercialization, entrepreneur mentoring and the mobilization of startup investment capital.
Americans need to rethink their view of manufacturing and the role it plays in regional economies across the country, according to a new report issued by a special Massachusetts Institute of Technology (MIT) commission on innovation. The MIT commission found that many U.S. policymakers and citizens still view manufacturing as a small group of traditional, shrinking industries.
As the additive manufacturing (3D printing) industry rapidly matures across the country, city governments and civil society leaders are advocating for the creation of makers spaces in their communities that offer open access to 3D printing technologies. This minimal investment in community infrastructure has the potential to generate diversified sources of locally-based economic growth.
Pramod Khargonekar has been selected to serve as the National Science Foundation's assistant director for the Directorate of Engineering.
Dan Blake will join the Wisconsin Technology Council as the director of its Wisconsin Angel Network in mid-March. Blake succeeds Zach Brandon, who recently became president of the Greater Madison Chamber of Commerce.
Investing money from the state's pension fund, Colorado will partner with local CEOs and technology companies to create a $150 million VC fund to help get local tech startups off the ground, according to multiple news sources. The fund, expected to launch by summer, would be run by a consortium of business leaders who would contribute around $10 million each, while the state would be the largest LP, contributing money from pension funds, according to an article in TechCrunch. Colorado's fund would focus purely on tech and span all stages of funding, the article states.
In the January 2011 edition of the Harvard Business Review, Michael Porter and Mark Kramer called for a redesign of the existing business model and their role within society. Instead of simply embracing corporate responsibility and corporate giving, businesses should work to create shared value within their community by helping to support local clusters and institutions to address societal needs and issues.
Recent research on the evolving role of universities finds the emergence of an entrepreneurial society has contributed to a broader and more fundamental role for universities — that is to provide thinking, leadership and activity to enhance entrepreneurship capital. University-based entrepreneurship programs and initiatives seem to have gained steam following the recession with federal support for programs to enhance entrepreneurial efforts in states and regions and increased interest from students and out-of-work individuals.
Sharp decreases in the price of domestic natural gas have challenged growth in the U.S. renewable energy industry. In response, the White House, with support from national business leaders, has re-focused public-private investment toward smart grid technology — efforts focused on developing the infrastructure for decentralized power networks that communicate and coordinate information between energy producers and consumers.
The Federal Laboratory Consortium for Technology Transfer (FLC) announced that it is accepting submissions of success stories for its 2013 edition of Federal Laboratories & State and Local Governments: Partners for Technology Transfer Success — a publication highlighting outstanding partnerships between federal research laboratories and city, state or regional government entities across the country to support tech-based economic development. All content must be submitted by June 3 to be eligible for the 2013 edition.
President Obama nominated Ernest Moniz as the next secretary of Energy, Gina McCarthy as administrator of the Environmental Protection Agency, and Sylvia Mathews Burwell as director of the Office of Management and Budget. The nominations require confirmation by the Senate.
Draper Triangle Ventures is opening a Columbus, OH, office. Will Indest, formerly of TechColumbus, has been named managing director.
Measuring impact is critical to the success and sustainability of any economic development initiative, and as the national debate over fiscal austerity and taxpayer spending continues, TBED organizations can expect increased scrutiny and accountability for their investments.
Over the past thirty years, state research and development (R&D) tax credits have become one of the most common state tools to boost their local technology economy. Few studies, however, have attempted to provide a comprehensive evaluation of their effectiveness. In this article, SSTI provides an overview of the literature on state R&D credits, examining why states introduce these incentives and whether or not tax credits are an effective policy tool to promote high-tech businesses and jobs.