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Governors Convene Special Sessions on Jobs

Wednesday, September 7, 2011

Governors in several states are bringing lawmakers back into session this fall with a more focused agenda on job creation. During a one-day special session on Friday, lawmakers in Mississippi approved a $175 million incentive package to bring two high-tech manufacturing facilities to the state. Meanwhile, Missouri Gov. Jay Nixon will try again to enact the Missouri Science and Innovation Reinvestment Act (MOSIRA) to support science and tech companies and the Compete Missouri Initiative, both which failed to pass during the regular session.

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Join us at COSI for the Opening Reception Celebrating SSTI's 15th Annual Conference

Wednesday, September 14, 2011

This year's opening reception will be unlike any other. COSI is designed to enlighten, entertain, and amaze you. Attendees will experience science, technology and innovation at work through more than 300 interactive exhibitions and more than 100,000 square feet of exhibit space, including the country's only high-wire unicycle. One of the newest exhibits is the Labs in Life, a state-of-the-art laboratory where researchers from The Ohio State University conduct studies on physical activity, nutrition, and body composition using cutting-edge equipment.

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Federal Initiative Will Expand Broadband Collaboration

Wednesday, September 14, 2011

The Office of Science and Technology Policy (OSTP) and the National Science Foundation (NSF) have announced a new initiative to develop new technologies and applications for high-speed broadband networks. The agencies have posted a request for white papers for the initiative, dubbed US Ignite, to identify potential companies, nonprofits, agencies and individuals that can provide resources and infrastructure to facilitate collaboration. Participating organizations will help develop next-generation applications for high-speed networks that cannot yet run on today's Internet infrastructure.

  • Read more about Federal Initiative Will Expand Broadband Collaboration

Job Corner

Wednesday, September 14, 2011

The five-campus University of Massachusetts System is seeking a dynamic and entrepreneurial professional to become the associate vice president for economic development to help develop the university's role in generating innovation and talent to support the Innovation Economy of Massachusetts. The position will report to the vice president for economic development and be housed at the president's office in Boston, MA.

  • Read more about Job Corner

TBED People

Wednesday, September 14, 2011

Jill Kline has been named the State director of the Wyoming Small Business Development Center.

Daniel Hasler has been named the Indiana Secretary of Commerce, effective Sept. 16. He will replace Mitch Roob who is leaving the post to accept a position in the private sector.

The National Governors Association named David Moore as the director of its NGA Center for Best Practices.

  • Read more about TBED People

Obama Administration Proposes New National Network to Support Manufacturing

Wednesday, March 14, 2012
President Obama announced the National Network for Manufacturing Innovation, a propped $1 billion initiative to build a network comprised of up to fifteen Institutes for manufacturing innovation across the country. The proposed fifteen member institutes will serve as regional hubs of manufacturing excellence that will help make U.S. manufacturers more competitive and encourage investment.
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U.S. House Overwhelmingly Passes Jobs ACT

Wednesday, March 14, 2012
The House of Representatives passed the Jumpstart Our Business Startups (JOBS) Act by a vote of 390-23.
  • Read more about U.S. House Overwhelmingly Passes Jobs ACT

U.S. Angel Investment More Diffuse than Venture Capital, According to Report

Wednesday, March 14, 2012
Though California remains the leading state for U.S. angel investment, 79 percent of angel deals and 70 percent of angel dollars were invested outside of the state in 2011, according to the first edition of the new Halo Report. The report, produced by the Angel Resource Institute, Silicon Valley Bank and CB Insights, also found that the median size of angel and angel group syndicate rounds increased by 40 percent between 2010 and 2011, from $500,000 to $700,000. Read the full report...
  • Read more about U.S. Angel Investment More Diffuse than Venture Capital, According to Report

Report Assesses Innovation Capacity of 55 Countries

Wednesday, March 14, 2012
A new report assessing the innovation capacity of 55 countries ranks the U.S. in the highest tier possible for five of the seven core policy areas identified by the authors. The U.S. rankings fall slightly in the areas of science and R&D policies and high-skill immigration. Only Canada and Singapore placed in the upper tier on all seven indicators.
  • Read more about Report Assesses Innovation Capacity of 55 Countries

GAO Report Catalogues Renewable Energy Initiatives

Wednesday, March 14, 2012
To help target federal spending activities that will most effectively meet national renewable energy needs and identify duplicative programs, the Government Accountability Office (GAO) published a detailed inventory of all federal renewable energy initiatives implemented by 23 departments and independent agencies in 2010. An accompanying report also examines the federal roles supported by agencies' renewable energy initiatives, including R&D and commercialization and deployment.
  • Read more about GAO Report Catalogues Renewable Energy Initiatives

Export-Supported Jobs Increased by Almost Six Percent in 2010, Brookings Report Finds

Wednesday, March 14, 2012
The U.S. economy rapidly has been becoming more export intensive over the last couple of years, according to a new report from the Brookings Institute — Export Nation 2012: How U.S. Metropolitan Areas Are Driving National Growth. According to the report, U.S.
  • Read more about Export-Supported Jobs Increased by Almost Six Percent in 2010, Brookings Report Finds

SSTI's 16th Annual Conference Set for October 29-30, 2012

Wednesday, March 14, 2012
Save the date! Hosted by the Georgia Research Alliance and the Georgia Institute of Technology, SSTI's 16th Annual Conference will be held at the Georgia Tech Hotel & Conference Center in Atlanta, Georgia on October 29-30, 2012. Atlanta provides an excellent backdrop for SSTI's 16th Annual Conference. Georgia has a vibrant technology community that is using innovative approaches to bring together state and local partnerships to positively impact the economy. The Georgia Tech Hotel and Conference Center is offering SSTI conference participants the exceptional room rate of $159 plus tax.
  • Read more about SSTI's 16th Annual Conference Set for October 29-30, 2012

U.S. Manufacturing Suffered Its Worse Decade Since the Great Depression, According to ITIF Report

Wednesday, March 14, 2012
"In the 2000s, U.S. manufacturing suffered its worst performance in American history in terms of jobs. Not only did America lose 5.7 million manufacturing jobs, but the decline as a share of total manufacturing jobs (33 percent) exceeded the rate of loss in the Great Depression," according to a new report from the Information Technology & Innovation Foundation (ITIF). In Worse Than the Great Depression: What the Experts Are Missing About American Manufacturing Decline, ITIF contends that there is a fundamental flaw in the conventional wisdom regarding U.S. manufacturing job loss.
  • Read more about U.S. Manufacturing Suffered Its Worse Decade Since the Great Depression, According to ITIF Report

Tech Talkin' Govs, Part III

Wednesday, January 27, 2010

The third installment of SSTI’s Tech Talkin’ Govs’ series includes excerpts from speeches delivered in Delaware, Maine, Missouri, New Hampshire, Ohio, Rhode Island, South Dakota, Utah and Wisconsin. The first and second installments are available in the Jan 13 Digest and Jan. 20 Digest, respectively.

  • Read more about Tech Talkin' Govs, Part III

$101M NYSTAR Increase Among Gov’s Proposals

Wednesday, January 27, 2010

The New York State Foundation for Science, Technology and Innovation (NYSTAR), the state’s lead tech-based economic development agency, would see a significant boost in funding under a proposal unveiled by Gov. David Paterson to distribute $100 million in new Innovation Economy Matching Grants.

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Minnesota S&T Leaders Blast State’s Long Hiatus from TBED

Wednesday, January 27, 2010

“Minnesota faces a crisis of competitiveness.” It didn’t take Minnesota’s leaders long to recognize the state’s precipitous fall in the standings for many major indicators over the past two decades paralleled the state’s prolonged diinvestment from a proactive TBED strategy.

  • Read more about Minnesota S&T Leaders Blast State’s Long Hiatus from TBED

U.S. Venture Investment Falls to Lowest Level in a Decade

Wednesday, January 27, 2010

Last year venture investment decreased to its lowest level since 1997, according to the latest Moneytree Report from PricewaterhouseCoopers and the National Venture Capital Association (NVCA).  A weak environment for exits and increasing caution on the part of investors contributed to a 37 percent decrease in investment dollars and a 30 percent decline in venture deals from 2008 levels. This marks the second consecutive year of declining venture dollars and deals.

  • Read more about U.S. Venture Investment Falls to Lowest Level in a Decade

EDA Chief Confirmed for SSTI Conference

Wednesday, September 7, 2011

SSTI is pleased to announce that John Fernandez, Assistant Secretary for Economic Development at the U.S. Department of Commerce, will participate in a plenary session on the changing role of the federal government in TBED at this year's Annual Conference. SSTI's Annual Conference is the only economic development conference this fall with the senior leaders of the Economic Development Administration (EDA), National Institute of Standards and Technology (NIST) and the U.S. Small Business Administration (SBA) speaking.

  • Read more about EDA Chief Confirmed for SSTI Conference

NGA Seeks State Teams for Policy Academy

Wednesday, September 7, 2011

The National Governors Association Center for Best Practices invites applications from U.S. states to participate in a Policy Academy on "Making" our Future: Encouraging Growth Opportunities in Manufacturing through Innovation, Entrepreneurship and Investment to Assist States in Developing and Implementing Economic Development Strategies aimed at spurring innovation and entrepreneurship in ways that encourage the growth of advanced manufacturing industries.

  • Read more about NGA Seeks State Teams for Policy Academy

Canada, the European Union and India Commit to Building the Next Economy

Wednesday, September 7, 2011

Even through the enduring global economic downturn, nations across the world have targeted technology-based economic development initiatives to build their respective country's science and technology (S&T) sectors. The governments contend that building their respective country's Next Economy is necessary to compete in a globalizing world and increase quality of living for their citizens. Canada, India and the European Union have announced initiatives that could help grow their respective countries S&T sectors.

  • Read more about Canada, the European Union and India Commit to Building the Next Economy

Tech Talkin' Govs, Part II

Wednesday, January 20, 2010

The second installment of SSTI’s Tech Talkin’ Govs’ series includes excerpts from speeches delivered in Colorado, Virginia and West Virginia. Our first installment was in the Jan 13 Digest.

  • Read more about Tech Talkin' Govs, Part II

Governor’s Budget Includes $5.9M for KTEC

Wednesday, January 20, 2010

Gov. Mark Parkinson last week unveiled his FY11 budget proposal, which includes $5.9 million from the Economic Development Initiatives Fund (EDIF) for the Kansas Technology Enterprise Corporation (KTEC), down $1.8 million from the FY10 governor’s estimate of $7.75 million. Many of the governor’s budget recommendations, including funding for KTEC and university research initiatives, may hinge on a tax increase proposal, however.

  • Read more about Governor’s Budget Includes $5.9M for KTEC

Commerce Taking Up Need to Commercialize More Federal R&D

Wednesday, January 20, 2010

Describing the nation’s innovation system as broken, U.S. Secretary of Commerce Gary Locke yesterday said the Department of Commerce will be “working hard to find solutions” that move more federally funded R&D into the commercial market.

“Even in areas where we are allocating enough funding for R&D, we’re not doing a good enough job getting these ideas into the marketplace, particularly through entrepreneurs.

  • Read more about Commerce Taking Up Need to Commercialize More Federal R&D

University-based Research Initiatives Slated for Reduction in Georgia Budget

Wednesday, January 20, 2010

Gov. Sonny Perdue last week outlined an $18.2 billion budget for FY11 that reduces spending across several state agencies, including a $9.6 million reduction for R&D activities through the Research Consortium. The governor’s budget also would eliminate two science, technology, engineering and mathematics (STEM) programs within the Department of Education.

  • Read more about University-based Research Initiatives Slated for Reduction in Georgia Budget

Florida 5-Year Plan Advocates STEM, Clusters & Tech Commercialization

Wednesday, January 20, 2010

Enterprise Florida released its latest five-year strategic plan for the state, calling for increased investment in STEM education, university research, commercialization assistance and early-stage capital access programs. Florida must diversify its economy and strengthen its high-tech industries in order to reduce the state’s reliance on population-based growth, according to the report. Enterprise Florida also endorses a cluster-based strategy to promote high-tech industries based on their relative levels of development in the state.

  • Read more about Florida 5-Year Plan Advocates STEM, Clusters & Tech Commercialization

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