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People

Monday, January 29, 2007

Tucker Fagan announced he is retiring as CEO of the Wyoming Business Council to join his sons in starting a Wyoming high-tech company.

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People

Monday, January 29, 2007

Gov. Eliot Spitzer has named Daniel Gundersen co-chairman of the Empire State Development Corp. in New York.

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People

Monday, January 29, 2007

Gov. John Baldacci has sworn in John Richardson as the new commissioner of the Maine Department of Economic and Community Development.

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People

Monday, January 29, 2007

Chris Roybal announced he is stepping down as senior economic development advisor of the Utah Governor's Office to become president and chief operating officer of the Northwest Research Corp., effective Feb. 2.

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U.S. Cap-and-Trade Legislation Could Bankroll Economic Development Initiatives

Wednesday, December 3, 2008

Throughout the presidential campaign President-elect Barack Obama continually emphasized the need for new policies to spur the development of clean and renewable energy technologies. Despite the economic downturn, President-elect Obama has maintained that these new programs will remain a priority for his administration.

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Are States Measuring Up? The National Report Card on Higher Ed

Wednesday, December 3, 2008

If the fifth biennial assessment of U.S. higher education prepared by the National Center for Public Policy and Higher Education had to fit on an early elementary school report card, it might very well read "Shows effort, but not keeping pace with the rest of the students."

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Incubator Round Up: Emphasis Grows Toward Creating Clusters within Walls

Wednesday, December 3, 2008

Incubators may take on magnified importance in regional innovation strategies for the coming years given the continued decline in seed and venture capital available to early-stage companies, the need for startups to reduce costs, and the increased opportunities presented for innovation through collaboration and sharing of knowledge.

So it isn't too surprising to see the wave of incubator launches increase during this financial slowdown.

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SSTI Job Corner

Monday, January 22, 2007

Complete descriptions of the position openings described below are available at http://www.ssti.org/posting.htm.



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Job Corner: Penn State Seeks Director of Economic and Workforce Development

Monday, January 15, 2007

Penn State University is seeking an entrepreneurial leader for its Office of Economic and Workforce Development. This office serves to advance the economic well-being of Pennsylvania, ultimately by helping to create and retain jobs and enhance the skills of the workforce in the Commonwealth. The director of economic and workforce development reports to the vice president for outreach at Penn State's campus in University Park, Pa. A master’s degree or equivalent knowledge and at least seven years of related experience are required.

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SSTI Analysis: 2008 State New Economy Index Paints New Path for TBED Policies

Wednesday, November 19, 2008

While which states top the list in the 2008 edition of the State New Economy Index will capture the attention of the media and therefore the majority of decision makers, the most important contribution of the 2008 Index in the current fiscal environment is its overview and final chapter. The Index, released Nov.

  • Read more about SSTI Analysis: 2008 State New Economy Index Paints New Path for TBED Policies

Communities Around the World Celebrate First Global Entrepreneurship Week

Wednesday, November 19, 2008

This week an estimated five million people will celebrate the first annual Global Entrepreneurship Week by taking part in one of the 13,000 events planned worldwide.

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Supercomputing Centers Take Steps to Expand National Research Capacity

Wednesday, November 19, 2008

Earlier this year, the Council on Competitiveness released a report on the nature and extent of high-performance computing in the private sector.

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TIP-MEP Host Regional Meeting on Dec 9 in Atlanta

Wednesday, November 19, 2008

On December 9, two NIST programs will be hosting a meeting to explain how businesses can better take advantage of them. Officials from the Technology Innovation Program (TIP) and the Manufacturing Extension Partnership (MEP) will provide an overview and discuss future directions for the programs. SSTI is co-hosting the meeting because we see it as an excellent opportunity for TBED organizations and their clients to learn more about and provide input on programs that could see dramatic increases in funding in an Obama administration.

  • Read more about TIP-MEP Host Regional Meeting on Dec 9 in Atlanta

Governor Outlines $12M Economic Stimulus Plan for Colorado

Wednesday, November 19, 2008

Gov. Bill Ritter announced his administration's plan to inject $12 million into initiatives that promote job training, provide small businesses with access to capital, and invest in the state's New Energy Economy and bioscience sectors.

  • Read more about Governor Outlines $12M Economic Stimulus Plan for Colorado

States Explore Policy Options in Promoting Clean and Efficient Energy

Wednesday, November 12, 2008

Oregon

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USTAR Investments Taking Shape at University of Utah

Wednesday, November 12, 2008

The University of Utah (U of U) announced last month two significant investments in TBED supported by USTAR, the state-funded initiative to grow Utah's knowledge economy.

  • Read more about USTAR Investments Taking Shape at University of Utah

111th Congress Further Shifts to Dems; 110th May Consider Stimulus Package

Wednesday, November 5, 2008

Tuesday's elections will allow the Democrats in Congress to expand their majorities in both the House and the Senate. With several races still to be decided, the exact composition of the House is undetermined, although Democrats picked up at least 18 seats, according to the Washington Post.

  • Read more about 111th Congress Further Shifts to Dems; 110th May Consider Stimulus Package

People

Monday, December 18, 2006

Tiffany McVeety stepped down from her post as director of the Northwest Women's Business Center to become a business banker for Shoreline Bank. Rebecca Villareal replaces McVeety.


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People

Monday, December 18, 2006

Marvin Strong, Jr. announced he will resign as secretary of the Kentucky Cabinet for Economic Development, effective Jan. 31.


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Commission Says U.S. K-12 Education Needs Sweeping Changes to Maintain National Competitiveness

Monday, December 18, 2006

The New Commission on the Skills of the American Workforce, a bipartisan group of academic, industry and government leaders, is calling for a massive overhaul of the U.S. education system. In its new report, Tough Choices, Tough Times, the panel of business leaders, scholars, education officials, and former governors and cabinet secretaries argue that the country’s current system of K-12 education is outdated and must be restructured to enable American students to thrive in the global economy.

 

  • Read more about Commission Says U.S. K-12 Education Needs Sweeping Changes to Maintain National Competitiveness

Job Corner: University of Arizona Seeks Regional Economist

Monday, December 18, 2006

The University of Arizona's Office of Economic and Policy Analysis seeks a highly qualified and motivated individual to conduct and advance a nationally recognized applied research program in regional economics. Focus areas include regional economic integration, cross border trade and linkages, economic impact analyses, and evaluation of economic development policies.

  • Read more about Job Corner: University of Arizona Seeks Regional Economist

People

Monday, December 18, 2006

The Hershey Center for Applied Research announced that Laura Butcher will serve as its first executive director, effective Jan. 3.



Gov. Tim Pawlenty shifted Ward Einess from his position as acting director of the Minnesota Department of Employment and Economic Development to commissioner of the state Department of Revenue. No replacement has been named for Einess.

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People

Monday, December 18, 2006

The Hershey Center for Applied Research announced that Laura Butcher will serve as its first executive director, effective Jan. 3.

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People

Monday, December 18, 2006

Gov. Tim Pawlenty shifted Ward Einess from his position as acting director of the Minnesota Department of Employment and Economic Development to commissioner of the state Department of Revenue. No replacement has been named for Einess.

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People

Monday, December 18, 2006

Al Frink resigned as the U.S. Department of Commerce's assistant secretary for manufacturing and services. Frink will serve through January 2007.


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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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