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Premier Conference on Building Tech-Based Economies Opens Registration

Friday, August 2, 2002

With more than 30 sessions and keynote addresses by Michigan Governor John Engler and U.S. Assistant Secretary of Commerce for Economic Development David Sampson, SSTI's Sixth Annual Conference promises to be the year's best and most comprehensive conference on tech-based economic development. Building Tech-Based Economies: From Policy to Practice will be held October 2-3, 2002 in Dearborn, Michigan, with pre-conference activities on October 1.

  • Read more about Premier Conference on Building Tech-Based Economies Opens Registration

NY Offers Grants To Recruit Retain Biotech Faculty

Friday, August 2, 2002

Earlier this week, New York Governor George E. Pataki and NY Senate Majority Leader Joseph L. Bruno unveiled a new funding program designed to recognize and support outstanding scientists and engineers who, early in their careers, show potential for leadership and scientific discovery in the field of biotechnology.

  • Read more about NY Offers Grants To Recruit Retain Biotech Faculty

Northwest Research Institute for Bioproducts, Bioenergy Formed

Friday, August 2, 2002

Two Department of Energy national laboratories and two land-grant universities announced on July 17 that they will work together to form a new research institute for the production of energy and industrial products from biomass resources. The new Northwest Bioproducts Research Institute will combine the talents of DOE's Pacific Northwest National Laboratory, DOE's Idaho National Engineering and Environmental Laboratory, Washington State University, and the University of Idaho.

  • Read more about Northwest Research Institute for Bioproducts, Bioenergy Formed

MBDA Launches Minority Entrepreneurship VC Initiative

Friday, August 2, 2002

On July 2, the U.S. Commerce Department’s Minority Business Development Agency (MBDA) and the Emerging Venture Network (EVN) launched the MBDA Equity Capital Access (MECA) Program to increase minority entrepreneurs access to capital.

MBDA hopes the initiative will help address the fact that minority firms receive only two percent of all private equity.

  • Read more about MBDA Launches Minority Entrepreneurship VC Initiative

Competition Best For Broadband?

Friday, August 2, 2002

“Failure to improve broadband performance could reduce U.S. productivity by 1 percent per year or more,” concludes Charles H. Ferguson in a recent Brookings Institution policy brief. The July brief addresses the pace of broadband deployment and development in the U.S. and makes several recommendations to further progress.

  • Read more about Competition Best For Broadband?

NCSC Offers TBED Resources

Friday, August 2, 2002

The National Center for Small Communities (NCSC) has two new free or low-cost resources for small town leaders and rural development practitioners. Based in Washington, D.C., NCSC conducts research, training and technical assistance to benefit the leaders of U.S. small communities.

  • Read more about NCSC Offers TBED Resources

TBED RoundUp

Friday, August 2, 2002

Columbus Tech Councils Merge

  • Read more about TBED RoundUp

European Commission Commits $5.4B (US) toward Innovation

Monday, May 2, 2005

While Congress and the Administration are looking for ways to flatten or even reduce spending for research, entrepreneurship and innovation, leaders on the other side of the pond are committing hard currency to strengthening Europe's position in the global, tech-based economy.

  • Read more about European Commission Commits $5.4B (US) toward Innovation

North Dakota Legislature Commits $50M for Centers of Excellence

Monday, May 2, 2005

With the recent passage of the state's biennial budget, North Dakota's universities and colleges can now compete for a share of $20 million in matching funds to create Centers of Excellence. The money is the first installment of the state legislature's $50 million commitment to the Centers program, which is the centerpiece of Gov. John Hoeven's initiatives to transform the state's economy toward science and technology.

  • Read more about North Dakota Legislature Commits $50M for Centers of Excellence

Ohio's Third Frontier to Make Second Pass on Quasi-Transportation/Economic Development Ballot Initiative

Monday, May 2, 2005

A ballot initiative designed to bolster the Ohio economy and create jobs by continuing the state’s public works infrastructure program and supporting the commercialization of science and technology-based research was announced last week by Gov. Bob Taft and other legislative leaders. The initiative, to appear on the Nov.

  • Read more about Ohio's Third Frontier to Make Second Pass on Quasi-Transportation/Economic Development Ballot Initiative

Rhode Island Gov. Establishes S&T Advisory Council and Manufacturing Partnership

Monday, May 2, 2005

Gov. Donald Carcieri last month announced two new initiatives targeting Rhode Island's science and technology (S&T) and manufacturing industries. On April 12, Gov. Carcieri signed an Executive Order creating the Science & Technology Advisory Council.

  • Read more about Rhode Island Gov. Establishes S&T Advisory Council and Manufacturing Partnership

$120M Investment Fund Fails in Hawaii Legislature

Monday, May 2, 2005

Efforts to capitalize Hawaii's $120 million State Private Investment Fund (SPIF) collapsed Friday as a joint conference committee of the state legislature could not reconcile differences between House and Senate versions of the measure. Passage of Senate Bill 1695 was one of Gov. Linda Lingle's top economic development priorities for this legislative session.

  • Read more about $120M Investment Fund Fails in Hawaii Legislature

OCAST Report Measures Success in TBED Efforts

Monday, May 2, 2005

States such as Oklahoma must leverage scarce resources if they hope to attract top scientists, stimulate development, and achieve measurable economic impact, says the latest impact report from the Oklahoma Center for the Advancement of Science and Technology (OCAST).

  • Read more about OCAST Report Measures Success in TBED Efforts

Index Reveals South Lags Overall U.S. Workforce

Monday, May 2, 2005

As low-skill, labor intensive jobs are increasingly replaced by technology or outsourced in the emerging knowledge-based economy, a two-tiered labor market has emerged, thus presenting a challenge for workers to either work cheaper or work smarter, says a new report from the Southern Growth Policies Board. Only one of those options is appealing for those trying to improve your standard of living.

  • Read more about Index Reveals South Lags Overall U.S. Workforce

Publisher's Note

Monday, May 2, 2005

During the months of May and June, the SSTI Weekly Digest and Funding Supplement will be published every other week. SSTI staff over the next two months will be completing work on two major projects that require focused concentration. We look forward to resuming the Digest and Funding Supplement on a weekly basis in July. The next issue of the Digest will be May 16.

  • Read more about Publisher's Note

States' Combined FY 2003 Budget Shortfall Forecast: $58 Billion

Friday, July 26, 2002

State fiscal conditions continue to deteriorate dramatically, according to a report released Wednesday at the 2002 Annual Meeting of the National Conference of State Legislatures (NCSL).

  • Read more about States' Combined FY 2003 Budget Shortfall Forecast: $58 Billion

Vermont Passes Tax Credits, Examines High Tech Impact

Friday, July 26, 2002

Vermont’s high-tech businesses now can take advantage of new tax credits with Governor Howard Dean, M.D.’s signature on H. 239. The bill creates a set of five incentives for high-tech businesses in industries including computer hardware or software, information and communications, microelectronics, semiconductors, digital communications, medical devices, energy technologies and electric vehicles.

  • Read more about Vermont Passes Tax Credits, Examines High Tech Impact

NSF Finds R&D Concentration Continues in Top States

Friday, July 26, 2002

The 20 states with the least total R&D expenditures increased their share of the total pot in 1999 to 5 percent, according to the National Science Foundation's (NSF) latest InfoBrief. In 1998, NSF found the lowest 20 states captured only 4 percent of the nation's R&D investment.

  • Read more about NSF Finds R&D Concentration Continues in Top States

A 30-year Look At Support for Academic R&D

Friday, July 26, 2002

The importance of strong academic R&D capabilities in building state and regional tech-based economies cannot be overstated. Subsequently most states, either independently or in partnership with federal EPSCoR programs, are making investments toward strengthening their academic research enterprises. Some also have invested in programs to attract, leverage or match federal R&D investments.

  • Read more about A 30-year Look At Support for Academic R&D

Upstate NY Coalition Promotes TBED

Friday, July 26, 2002

While Albany securing Sematech North has captured national attention in the TBED community for the past week, area leaders have been working for more than a year to forge a partnership toward regional technology-based economic development. That effort came to fruition in June when leaders of the Albany-Colonie Regional, Rensselaer County Regional and Schenectady County Chambers of Commerce announced the formation of the Tech Valley Chamber Coalition.

  • Read more about Upstate NY Coalition Promotes TBED

Useful Stats: USDA and DOD 02.1 SBIR Phase I Awards/Proposals

Friday, July 26, 2002

The Department of Agriculture (USDA) and the Department of Defense (DOD) recently posted the abstracts for award selections from the FY 2002 Small Business Innovation Research (SBIR) Phase I solicitations. For DOD, abstracts are for 02.1, the first solicitation of the fiscal year.

  • Read more about Useful Stats: USDA and DOD 02.1 SBIR Phase I Awards/Proposals

CATI Groundbreaking Held in Racine, WI

Friday, July 26, 2002

The Center for Advanced Technology and Innovation (CATI) Partnership Board and the Gateway Technical College Board of Directors recently held a groundbreaking to begin construction of the new 40,000-square-foot facility located in Sturtevant’s Renaissance Park.

  • Read more about CATI Groundbreaking Held in Racine, WI

Howard Hughes Medical Institute Distributes $80M for Bio Ed

Friday, July 26, 2002

Forty-four research universities in 28 states and the District of Columbia will receive $80 million from Howard Hughes Medical Institute (HHMI) to help address the challenges of the rapidly changing and increasingly interdisciplinary nature of undergraduate biology education. The grants will support programs that encourage graduate students and postdoctoral fellows to hone their teaching skills in undergraduate courses.

  • Read more about Howard Hughes Medical Institute Distributes $80M for Bio Ed

TBED People

Friday, July 26, 2002

Anne Armstrong, president of Virginia's Center for Innovative Technology since 1999, has resigned from the position effective the end of this month. Virginia Secretary of Technology George C. Newstrom will serve as Interim President during a search for a new president.

  • Read more about TBED People

TBED People

Friday, July 26, 2002

Anne Armstrong, president of Virginia's Center for Innovative Technology since 1999, has resigned from the position effective the end of this month. Virginia Secretary of Technology George C. Newstrom will serve as Interim President during a search for a new president.

  • Read more about TBED People

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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
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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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