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New Jersey Launches $40 Million VC Partnership

Friday, December 15, 2000

After discovering that only 10 percent of the venture capital raised in New Jersey is invested in New Jersey companies, a new venture fund has been established combining private, state, and federal resources. The seed investment fund will be used to assist New Jersey start-up technology businesses get off the ground.



  • Read more about New Jersey Launches $40 Million VC Partnership

Technology/Economic Summits Yielding Results

Friday, December 15, 2000

What can policymakers and practitioners do if the statistics and other metrics indicate a state, region or locality is not well positioned for the technology-based economy, but the elected leaders and economic development professionals are plodding along with traditional approaches to job creation and development?

  • Read more about Technology/Economic Summits Yielding Results

Group Recommends Measure to Improve Minnesota Economy

Friday, December 15, 2000

Following on the Summit on Minnesota’s Economy, a 21-member group appointed by the president of the University of Minnesota has unveiled its recommendations to strengthen the state’s economy. The recommendations in Report to the People of Minnesota: Building a Knowledge Economy for Minnesota’s 21st Century are divided among five strategies:



Recommendations in the new report are divided among five strategies:

  • Read more about Group Recommends Measure to Improve Minnesota Economy

Western Virginia Explores Its Future

Friday, December 15, 2000

Western Virginia’s economy is stagnant due to a variety of factors and must get in line with the “New Economy” according to a report commissioned by the Center for Innovative Leadership in Roanoke. A second study by the Center revealed the area's residents appear willing to support activities designed to bring new business and employment to the region.



  • Read more about Western Virginia Explores Its Future

Northeast-Midwest Institute Reports on Federal Spending by State

Friday, December 15, 2000

Despite small improvements, Northeast and Midwest regions lag behind the South and West in terms of dollars returned to states from taxes sent to Washington, according to a report issued by the Northeast-Midwest Institute.

  • Read more about Northeast-Midwest Institute Reports on Federal Spending by State

USDA, NIH Inventions Offered for License

Friday, December 15, 2000

The U.S. Department of Agrciulture and the National Institutes of Health released information on 24 inventions that are available for license. Descriptions and contact information for each invention/patent are presented on the accompanying SSTI webpage

  • Read more about USDA, NIH Inventions Offered for License

Florida Budget Requests $60M for TBED Initiatives

Friday, January 30, 2004

The 2005 budget request submitted this week by Florida Governor Jeb Bush includes $20 million to establish two more Centers of Excellence at Florida universities.

  • Read more about Florida Budget Requests $60M for TBED Initiatives

North Carolina Innovation Economy Strong, BST Index Finds

Friday, January 30, 2004

Despite a sluggish national economy, North Carolina held its own over the last three years, according to a measure of 25 broad indicators of innovation, technology and economic growth released earlier this week. In all, Tracking Innovation: North Carolina Innovation Index 2003 considers more than 50 performance measures across five general categories, highlighting the state’s strengths and weaknesses.

  • Read more about North Carolina Innovation Economy Strong, BST Index Finds

USASBE Cites HBS as National Model for Encouraging Entrepreneurship

Friday, January 30, 2004

It's one thing to call your entrepreneurship education efforts the best, but it's another when more than 950 of your peers from around the country do. The entrepreneurship program at Harvard Business School (HBS) recently won the top award for MBA programs nationwide from the United States Association for Small Business and Entrepreneurship (USASBE), an organization devoted to entrepreneurship education and development.

  • Read more about USASBE Cites HBS as National Model for Encouraging Entrepreneurship

Tech Talkin' Govs III

Friday, January 30, 2004

This is the third in a series of articles as SSTI continues its look at the prominence of tech-based economic development in the Inaugural, State of the State and Budget Addresses given by the nation's governors. Highlights from this week's speeches are provided below.

  • Read more about Tech Talkin' Govs III

Correction for the Jan. 23 Issue

Friday, January 30, 2004

In last week's Tech Talkin' Govs II article, we inadvertently listed Mark Warner as the Governor of South Carolina. Gov. Warner leads the Commonwealth of Virginia. Mark Sanford is Governor of South Carolina. SSTI regrets the error.

  • Read more about Correction for the Jan. 23 Issue

Kansas Legislature Wants $500M for TBED Strategy

Friday, January 30, 2004

Flanked by the Kansas Senate President and House Speaker, Republican legislators unveiled on Tuesday a two-pronged agenda to encourage entrepreneurship and biotechnology across the state. The plan calls for the state to invest at least $500 million over the next 10 years through a variety of new programs to encourage research, innovation and technology commercialization.

  • Read more about Kansas Legislature Wants $500M for TBED Strategy

Not to Be Denied: Veto Overrides Kickstart MA Tech Initiatives

Friday, January 30, 2004

A quick scan of most state innovation indices and report cards will reveal Massachusetts is on the short list for comparison of what others states would like to achieve. But a leadership spot in the innovation economy is not being taken for granted in the Commonwealth.

  • Read more about Not to Be Denied: Veto Overrides Kickstart MA Tech Initiatives

Rochester Gains $15M VC Fund as Kodak Slashes Workforce

Friday, January 30, 2004

Nearly every region engaged in building a tech-based economy wants more access to seed and venture capital money. It's particularly useful when your largest employer announces it will lay off up to 23 percent of its workforce – as many as 5,000 people in your community and 15,000 across the globe – during the next three years.

  • Read more about Rochester Gains $15M VC Fund as Kodak Slashes Workforce

States Graded on Higher Education

Friday, December 8, 2000

A new comprehensive study of the state of higher education in the United States says that as a whole, the nation has made large improvements in the percentage of high school students taking upper-level math and science courses.

  • Read more about States Graded on Higher Education

Nanotechnology Takes Center Stage

Friday, December 8, 2000

Solicitations totaling more than $101 million have been released by the Department of Defense, Department of Energy, and the National Science Foundation (see the National Nanotechnology Initiative webpage at http://www.nano.gov for more details on each opportunity). The amount of funding available is one more indication of the importance that nanotechnology is expected to play in the future.

  • Read more about Nanotechnology Takes Center Stage

Washington DC Passes Tech Incentives

Friday, December 8, 2000

New legislation to help revitalize technology development in Washington, D.C. received unanimous approval from the Council of the District of Columbia and is expected to be signed by Mayor Anthony Williams.

  • Read more about Washington DC Passes Tech Incentives

CyberCities Report Released

Friday, December 8, 2000

All but one of the metro areas evaluated saw their high-tech industry employment grow during the last five years according to a 135-page report, Cybercities: A City By City Overview of the High-Technology Industry.

  • Read more about CyberCities Report Released

Biotech Gleanings from San Diego

Friday, January 23, 2004

On Jan. 18, the San Diego Union-Tribune ran a series of three interesting articles examining the biotech sector. One story considers, now that a number of local biotech firms are completing clinical trials, where will they develop their multimillion manufacturing facilities. The other two articles look at selected state and local efforts around the country to support the biotech industry, including Washington, D.C., St. Louis, and Marshfield, WI.

  • Read more about Biotech Gleanings from San Diego

An SSTI Analysis: Administration's Manufacturing Strategy Indicates Changes Ahead for MEP

Friday, January 23, 2004

Following 41 straight months of job losses in the manufacturing sector, the Bush Administration released its long-awaited strategy to help revive manufacturing. Manufacturing in America: A Comprehensive Strategy to Address the Challenges to U.S. Manufacturers makes 31 recommendations designed to address challenges identified through 23 roundtable discussions that were held across the country.

  • Read more about An SSTI Analysis: Administration's Manufacturing Strategy Indicates Changes Ahead for MEP

Oklahoma Marks Progress, Looks to Future

Friday, January 23, 2004

The satisfying flavor of success in tech-based economic development is whetting Oklahoma's appetite for more. Lots more.

  • Read more about Oklahoma Marks Progress, Looks to Future

Analysis Finds Massachusetts R&D Leadership Threatened

Friday, January 23, 2004

A new report from the Massachusetts Technology Collaborative (MTC) finds the federal government’s expanding investment in Homeland Security-related research is already proving a major boon to the high tech economy in Massachusetts, but the state’s overall leadership in federally-funded research and development (R&D) is under intensifying pressure from states throughout the country.

  • Read more about Analysis Finds Massachusetts R&D Leadership Threatened

Maryland Outlines New TBED Road Map

Friday, January 23, 2004

Three I's neatly sum up the 22 recommendations recently released by Maryland Governor Robert Erlich's Commission on Development of Advanced Technology Business — Investment, Innovation, and Image. The year-long study looked at the state's existing physical, financial and intellectual infrastructures to support the state's research and technology sectors, making specific recommendations in three groupings to foster continued growth.

  • Read more about Maryland Outlines New TBED Road Map

Study Finds Room for Improvement in State ED Program Auditing

Friday, December 1, 2000

An analysis of 122 audits of economic development programs in 44 states revealed many areas for improvement, according to Good Jobs First, a project of the Washington, D.C.-based Institute on Taxation and Economic Policy. Minding the Candy Store: State Audits of Economic Development, released online in September, issues harsh criticism of many public economic development efforts.

  • Read more about Study Finds Room for Improvement in State ED Program Auditing

ASTF Releases First S&T Innovation Index

Friday, December 1, 2000

"High paying jobs in growth areas are critically needed to offset the decline in wealth and employment from Alaska's North Slope. These new jobs require technical innovation, capital, management, and trained workers."

  • Read more about ASTF Releases First S&T Innovation Index

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