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People

Monday, February 26, 2007

Dick Munson is stepping down as executive director of the Northeast Midwest Institute to help start Recycled Energy Development, LLC.

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People

Monday, February 26, 2007

Sherrie Preische resigned as executive director of the New Jersey Commission on Science and Technology to accept a position in the private sector.

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People

Monday, February 26, 2007

Connecticut Innovations appointed Dr. David Reed to the position of executive in residence.

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People

Monday, February 26, 2007

The Maryland Technology Development Corp. has appointed Renée Winsky as its new executive director.

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People

Monday, February 26, 2007

The Maryland Technology Development Corp. has appointed Renée Winsky as its new executive director.

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$65M Available for Labor's WIRED Initiative

Monday, February 19, 2007

The U.S. Department of Labor (DOL) recently announced it will provide $65 million in new grants under the Workforce Innovation in Regional Economic Development (WIRED) Initiative.



  • Read more about $65M Available for Labor's WIRED Initiative

National Bio and Agro-Defense Facility Impact Report Released, Kansas Preferred Site

Wednesday, December 10, 2008

This week, the Department of Homeland Security released its environmental impact statement comparing several locations nationwide regarding the future site of the National Bio and Agro-Defense Facility (NBAF).  After considering factors such as environmenta

  • Read more about National Bio and Agro-Defense Facility Impact Report Released, Kansas Preferred Site

Budget Proposals Focus on States' Investment in Research, Workforce Training

Wednesday, December 10, 2008
Despite projected deficits in several Western and Great Plains states, governors in Montana, South Dakota, and Wyoming recently unveiled budget proposals for the upcoming fiscal year, providing level or increased funds for research priorities and workforce training central to each state's economic vitality.
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India Plans to Double Investment in Scientific Research

Wednesday, December 10, 2008

Last week, Indian Prime Minister Dr. Manmohan Singh announced that the country would form a quasi-independent panel modeled on the U.S.

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Novel Metrics Incorporated into 2008 Version of State New Economy Index

Wednesday, December 10, 2008

Two weeks ago, SSTI reviewed the TBED strategies states are advised to pursue as presented in the 2008 State New Economy Index released by the Information Technology and Innovation Foundation (ITIF) and the Kauffman Foundation (see the

  • Read more about Novel Metrics Incorporated into 2008 Version of State New Economy Index

TBED People and Organizations

Wednesday, December 10, 2008

Gov. Jim Douglas plans to merge the Vermont Departments of Economic Development and Housing and Community Affairs.

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SSTI Job Postings

Wednesday, December 10, 2008

The Complete description of this opportunity and others are available at http://www.ssti.org/posting.htm.

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SSTI Job Corner

Monday, February 12, 2007

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



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People

Monday, February 12, 2007

With new governors often come changes in the leadership of state economic development organizations. Arkansas, Colorado and Maryland recently announced their new development officers:

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People

Monday, February 12, 2007

With new governors often come changes in the leadership of state economic development organizations. Arkansas, Colorado and Maryland recently announced their new development officers:

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People

Monday, February 12, 2007

Catherine Renault is the new director for the Maine Office of Innovation within the state’s Department of Economic and Community Development.

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People

Monday, February 12, 2007

Jim Rice, with the Information Technology Association of Wisconsin, announced his departure as the organization’s first president.

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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.

  • Read more about Incubator Round Up: Emphasis Grows Toward Creating Clusters within Walls

Regional Commissions and Authorities

Monday, February 5, 2007

Four federally established regional commissions and authorities dedicated to improving the economic opportunities within specific geographic regions are included in the Administration’s FY 2008 budget request. No funding is requested for the Northern Great Plains Regional Authority, which was created in the 2002 Farm Bill.



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Small Business Administration

Monday, February 5, 2007

The Administration's proposal sets overall spending for FY 2008 at $814 million for the Small Business Administration (SBA), including $464 million in new budget authority, $329 million in carryover funds for disaster loans, and $21 million in reimbursable revenues.



Funding levels for selected technical assistance programs include:

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    SSTI Editorial: FY08 Budget Request: Research Up; Economic Development Down

    Monday, February 5, 2007

    When one looks beyond the first few pages of many sections of the agencies’ fiscal year 2008 budget request summaries, the mental concept of a television rerun appears. As SSTI staff pored through the budget this week, several found ourselves saying, “Didn’t we read the same thing last year?”

    • Read more about SSTI Editorial: FY08 Budget Request: Research Up; Economic Development Down

    Special Initiative: The American Competitiveness I

    Monday, February 5, 2007

    In fiscal year 2008, President Bush proposes $11.42 billion total to support the American Competitiveness Initiative (ACI) across the National Science Foundation (NSF), Department of Energy’s Office of Science (DOE SC), and the Department of Commerce’s National Institute of Standards and Technology laboratories (NIST).

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    Special Initiative: Climate Change

    Monday, February 5, 2007

    In this year’s State of the Union Address, President Bush announced that his FY 2008 budget request would contain funding to support research to eliminate the projected growth of automobile carbon dioxide emission within 10 years.

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    Recent news from the SSTI Digest

    Universities as architects of regional innovation ecosystems

    Wednesday, July 8, 2026
    Ask most university leaders how their institution contributes to the regional economy and the answer is likely to include research expenditures, patents, startups, and jobs. Those measures remain important, but they overlook one of the university's most valuable contributions. In today’s economy, where innovation, talent, and technology shape how regions grow, universities are helping communities adapt, connect, and compete.
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    TBED programs succeed by engaging with local communities

    Wednesday, July 8, 2026
    When a new TBED project comes to town, the TBED practitioners inside know the long-term benefits of technology-based economic development: they can see and understand their progress in building a strong economic foundation for their host region. But for community-based and workforce development organizations and K-12 education systems in the surrounding area, the TBED project might appear to be an opaque operation that operates independently of its neighbors.
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    What to expect when you’re expecting (investment returns)

    Wednesday, July 8, 2026
    Following SSTI’s recent look at the timing and type of exits, we continue our look at investment activity to characterize returns on investments so that TBED investors can more accurately project and adjust program parameters to support long-term sustainability. Accurate data on venture capital investment returns and fund performance on private investment vehicles is not readily or consistently available. Anecdotal stories  and the occasional press release on a major transaction exist, but VC exits are often done quietly. As such, parties interested in understanding performance outcomes must rely on focused reports and other aggregate data. 
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