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EDA Gives $442.5K to Innovation Philadelphia for Economic Development

Friday, October 11, 2002

Innovation Philadelphia (IP), the public-private partnership dedicated to enhancing the global innovation economy of Philadelphia through technological leadership, received on Monday a $442,500 investment from the U.S. Department of Commerce's Economic Development Administration.

  • Read more about EDA Gives $442.5K to Innovation Philadelphia for Economic Development

State Fiscal Crises: Lessons For The Future

Friday, October 11, 2002

Leslie McGranahan, in Unprepared for Boom or Bust: Understanding the Current State Fiscal Crisis, highlights the problems that are inherent in state policy when dealing with the cyclical behavior of the economy.

  • Read more about State Fiscal Crises: Lessons For The Future

NASA Selects Corporation to Lead Innovative Research Institute

Friday, October 11, 2002

NASA has announced the Langley Research Center in Hampton, VA, will team with the National Institute of Aerospace Associates (NIAA), Reston, VA, to create the National Institute of Aerospace (NIA) to perform aerospace and atmospheric research, develop new technologies for the nation and help inspire the next generation of scientists and engineers.

  • Read more about NASA Selects Corporation to Lead Innovative Research Institute

Bush Administration Opposes Doubling NSF, Broadening EPSCoR

Friday, September 27, 2002

The Association of American Universities has posted the text of a September 17 letter written by Rita Colwell, Director of the National Science Foundation (NSF), that outlines the Bush Administration's opposition to S. 2817, a bill to double the size of the NSF budget over a five-year period.

  • Read more about Bush Administration Opposes Doubling NSF, Broadening EPSCoR

TA Outlines Critical Issues for Broadband

Friday, September 27, 2002

Following President Bush's call for the nation to "be aggressive about the deployment of broadband," the Technology Administration within the U.S. Department of Commerce recently issued Understanding Broadband Demand — a 25-page paper examining the state of broadband demand and usage in the U.S. and identifying successes, challenges and actions to promote more aggressive uptake.

  • Read more about TA Outlines Critical Issues for Broadband

California Promotes Stem Cell Research With New Law

Friday, September 27, 2002

Joined by actor Christopher Reeve and several of California's leading biotech researchers, Governor Gray Davis Sunday signed legislation designed to promote stem cell research in California.

  • Read more about California Promotes Stem Cell Research With New Law

Illinois Quadruples Number of Technology Enterprise Corporations

Friday, September 27, 2002

On Thursday, Illinois Governor George Ryan announced nearly $3 million in state grants for eight Illinois Technology Enterprise Corporation (ITEC) centers, quadrupling the number of ITECs. Funded by the Illinois Department of Commerce and Community Affairs (DCCA), the centers assist technology-based start-up businesses and serve as incubators for the new ventures.

  • Read more about Illinois Quadruples Number of Technology Enterprise Corporations

South Dakota Governor Awards $500K for Center to Help Technology Businesses

Friday, September 27, 2002

A $500,000 state grant approved Thursday by South Dakota Governor Bill Janklow will help create a center in Sioux Falls for fledgling technology businesses.

  • Read more about South Dakota Governor Awards $500K for Center to Help Technology Businesses

Northwest Technology Investor Network Established

Friday, September 27, 2002

A regional partnership of economic development organizations, led by the Department of Energy's Pacific Northwest National Laboratory (PNNL), announced the launch of the Northwest Technology Investor Network last week. The network is an online forum that links investors and entrepreneurs in the high-tech sector.

  • Read more about Northwest Technology Investor Network Established

Stronger TBED Efforts Would Benefit Orange County, Larta Asserts

Friday, September 27, 2002

True technology growth for Orange County hinges on a broader, more supportive infrastructure, argues the latest research report by the Los Angeles Regional Technology Alliance (Larta).

  • Read more about Stronger TBED Efforts Would Benefit Orange County, Larta Asserts

116 Resources for Building Tech-based Economies

Friday, September 27, 2002

From angel capital to university technology commercialization, there are myriad facets to technology-based economic development (TBED). The key to success lies in a solid understanding of your respective element of the field — from grasping the policy issues to developing effective programs and practices to implementing sound evaluation techniques.

  • Read more about 116 Resources for Building Tech-based Economies

No Digest Next Week; SSTI Offices Closed to Attend Annual Conference

Friday, September 27, 2002

The SSTI Weekly Digest and Funding Supplement will not be published next week as the office will be closed during SSTI's 6th Annual Conference, Building Tech-based Economies: From Policies to Practice on October 1-3.

The next issue of the SSTI Weekly Digest will be released on October 11.

  • Read more about No Digest Next Week; SSTI Offices Closed to Attend Annual Conference

Milken Releases California Tech & Science Index

Friday, September 20, 2002

"California must continue to increase funding for science and technology in its university systems or risk losing one of its most important comparative advantages," warns the Milken Institute in the State Technology & Science Index: Comparing and Contrasting California.

  • Read more about Milken Releases California Tech & Science Index

High-Tech Growth In Low Wage Countries: Size and Effect

Friday, September 20, 2002

The relaxation of international trade barriers and increased emphasis on globalization have had significant effects on the world's high-tech manufacturing industry. Two recent papers look at the phenomenon. An Infobrief from the National Science Foundation focuses on the growth of high-tech manufacturing in Latin America and a working paper released by the National Bureau of Economic Research considers the changes in the composition and character of the U.S.

  • Read more about High-Tech Growth In Low Wage Countries: Size and Effect

Biology Majors Need More Than Biology to Succeed

Friday, September 20, 2002

Many states and communities are working to be leading participants in the rapidly growing biotech industries. Investments in academic research facilities and college scholarships to encourage more students to pursue biology and science degrees are among the strategies states are pursuing.

  • Read more about Biology Majors Need More Than Biology to Succeed

European Commission Wants R&D at 3% of GDP by 2010

Friday, September 13, 2002

Earlier this week, the European Commission presented its strategy to respond to the March 2002 Barcelona European Council's call to raise research spending to 3 percent of the European Union's (EU) average Gross Domestic Product (GDP) by 2010. Today, Europe is at 1.9 percent on average across the member countries.

  • Read more about European Commission Wants R&D at 3% of GDP by 2010

TBED Projects Among USDA Opportunity Grants

Friday, September 13, 2002

Last week, Agriculture Secretary Ann M. Veneman announced the selection of 29 economic development projects to receive more than $3.1 million. Funding provided through USDA Rural Development's business opportunity grants and economic development loan and grant programs will assist over 455 businesses and create or save nearly 3,000 jobs, according to the grant proposals.

  • Read more about TBED Projects Among USDA Opportunity Grants

Arizona Technology Council Formed

Friday, September 13, 2002

The new Arizona Technology Council (ATC) has announced its vision and mission as a non-profit association committed to growing member companies and the technology industry in Central and Northern Arizona.

  • Read more about Arizona Technology Council Formed

Measuring TBED Impact and Evaluation

Friday, September 13, 2002

When budgets tighten for state and local governments, as they have in nearly every corner of the country, legislatures and political leaders look for areas to reduce spending. Having a strong documented record of the positive impact of your technology-based economic development efforts and investments can help protect vital programs from the axe.

  • Read more about Measuring TBED Impact and Evaluation

POWER to Stem Brain Drain in Northeastern PA

Friday, September 13, 2002

Many areas of the country are experiencing a brain drain, an outmigration of recent college graduates leading to a decline in the available labor pool of entry level workers, young entrepreneurs and future civic leaders. A new initiative, however, hopes to reverse that trend in Northeastern Pennsylvania by strengthening the social, networking and professional relationships among young skilled workers in the Wilkes-Barre region.

  • Read more about POWER to Stem Brain Drain in Northeastern PA

PCAST Calls for More Balance in Federal R&D Investments

Friday, September 6, 2002

At its August 28th meeting, the President's Council of Advisors on Science and Technology (PCAST) approved sending a letter to President Bush urging him to "improve funding levels for physical sciences and certain areas of engineering" as the Administration prepares the FY 2004 federal budget request. The letter also encourages the federal government to establish a graduate fellowship program to attract more students into critical fields of science and engineering.

  • Read more about PCAST Calls for More Balance in Federal R&D Investments

Maryland Biotech Origins Outlined in TEDCO, DBED Study

Friday, September 6, 2002

Maryland Lieutenant Governor Kathleen Townsend recently announced the release of Founders of Maryland Bioscience and Medical Instrument Companies, a report on the career pathways taken by founders of biotechnology companies in Maryland.

  • Read more about Maryland Biotech Origins Outlined in TEDCO, DBED Study

EDA Gives ACET $6.44M Grant

Friday, September 6, 2002

U.S. Commerce Secretary Don Evans has awarded a $6.44 million grant, the largest-ever economic development grant given by the Bush Administration, to Advancing California’s Emerging Technologies (ACET) to expand the Oakland Alameda Bio Tech Incubator to a 40,000-square-foot, state-of-the-art laboratory.

  • Read more about EDA Gives ACET $6.44M Grant

Milken Assesses Manufacturing's Impact for California

Friday, September 6, 2002

Manufacturing is a robust driver of California's economy according to a Manufacturing Matters: California's Performance and Prospects, a new report prepared by the Milken Institute. The analysis was prepared for the California Manufacturing and Technology Association.

  • Read more about Milken Assesses Manufacturing's Impact for California

Summer Opportunities Lure Students Toward Tech Careers

Friday, September 6, 2002

Many efforts to encourage young Americans to pursue careers in science, engineering and manufacturing took advantage of students having the summer off from regular classes. Programs range from one-week science camps to season-long internships and cooperative workstudies. To help other communities begin planning for the end of the 2003 school year, SSTI highlights a few examples from this past summer in this article.

  • Read more about Summer Opportunities Lure Students Toward Tech Careers

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Recent news from the SSTI Digest

The state of US venture capital investment in four charts. How might your innovation startups fare if investment trends hold?

Thursday, January 15, 2026

With 2025 behind us, and some time for the data to stabilize, we can look back at VC activity and try to understand what it means for TBED efforts going forward. The VC storyline of 2025 should be familiar to anyone who has been following investment news. Record funding rounds, huge amounts of capital deployed, questions of an AI bubble. Where amongst the big flashy lights of AI mega-deals do we find the subtlety and nuance that informs TBED investor activity and policy?

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FSGG appropriations language favors innovation programs

Thursday, January 15, 2026

The Financial Services and General Government appropriations bill for FY 2026 passed the House of Representatives yesterday and now moves to the Senate where passage is also expected. The bill sets spending levels for several agencies supporting regional innovation, economic development, and investment. Foremost are the Treasury and Small Business Administration; selected highlights are provided below.

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New benchmarking tool illuminates how AI is accelerating job market changes

Thursday, January 15, 2026

All too often, jobseekers and employers seem to exist in non-compatible realities. While jobseekers flood the job market with descriptions of their generalized skills in communication, leadership, and problem-solving to fill various roles in different sectors, employers are looking for the more specific skills that will get the job done, say the authors of a report from the Wharton School and Accenture. And they propose that AI is accelerating this shift from a role-based economy to a skills-based economy.

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