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Displaying 8926 - 8950 of 9259
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Recent Impact Reports Offer Varied Approaches to TBED Assessment

Wednesday, February 13, 2008

One of the continuing challenges for TBED organizations is successfully documenting how their investments and activities influence the economic landscape of their states and regions. SSTI has selected a few recent state reports as examples of impact assessment, each identifying and utilizing certain measurements to help them tell their story. Their approaches may be of interest to other TBED organizations looking to gauge and share their impact with others.



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Increasing Local Investment of Public Pension Funds

Wednesday, February 13, 2008

State venture capital programs are an integral part of many state’s technology-based economic development portfolio. These programs can strategically target state investments towards promising high-tech companies at the critical early stages of business development and in areas where private capital is scarce. Venture programs, however, are not always easy to implement. By definition, they require a large fund of investment capital and sufficient manpower to assist and monitor their portfolio companies.

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Useful Stats: Ratio of Total R&D Expenditures to Gross State Product by State, 2000-2004

Wednesday, February 13, 2008

Included within the NSF’s National Patterns of R&D Resources series is data detailing the amount of each state’s total R&D expenditures and gross state product (GSP). Total R&D is calculated by combining a state’s R&D expenditures from federal sources, colleges and universities, federally funded research and development centers, industry and other nonprofit institutions.

 

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Save the Date!: KTEC to Host SSTI's 2009 Conference

Wednesday, February 13, 2008

It only seems natural that SSTI celebrate the premiere professional development event for the nation's tech-based economic development community in 2009 in a state that, for 20 years, has pioneered innovative approaches to transform regional economies -­ Kansas. SSTI's 13th annual conference and pre-conference workshops will be held at the Sheraton Overland Park Hotel on Oct. 20-22, 2009.



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Canada Invests $1B+ in S&T Initiatives over Next Two Years

Wednesday, March 12, 2008

The Canadian Government this week released its budget for the 2008-2009 fiscal year, which includes several new TBED-related initiatives and increases in funding for a few existing programs. The government plans to leverage its relatively strong fiscal position by providing tax relief and paying down the national debt, while providing $606 million for workforce development and $440 for research over the next two years. Major science and technology (S&T) initiatives in the 2008 budget include:

    • Read more about Canada Invests $1B+ in S&T Initiatives over Next Two Years

    Lawmakers Approve Funding for TBED Initiatives in State Budgets

    Wednesday, March 12, 2008

    Three states recently wrapped up their 2008 legislative sessions, resulting in the passage of operating and capital budgets for the upcoming fiscal year. State lawmakers approved funding for new and existing TBED initiatives aimed at diversifying the states' economies through increased investments in energy programs, higher education research initiatives and science, technology, engineering and mathematics (STEM) fields. 



    South Dakota

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    U.S. Universities to Assist Development of S&T University in Saudi Arabia

    Wednesday, March 12, 2008

    Earlier this month, three universities - Stanford University, the University of Texas at Austin and the University of California, Berkeley - announced partnerships with the King Abdullah University of Science and Technology (KAUST), a graduate-level research university set to open in Saudi Arabia by September 2009. Each of the U.S.-based universities will assist with the development of the following initiatives within specific academic fields of study at KAUST:

    • Read more about U.S. Universities to Assist Development of S&T University in Saudi Arabia

    Recent Research: How "Surrogate Universities" Impacted the High-Tech Growth of the Boise Metro

    Wednesday, March 12, 2008

    The presence of "surrogate universities" - that is, nonacademic institutions able to attract a skilled workforce, produce marketable innovations and cultivate local entrepreneurship - have greatly influenced the growth of the tech-based economy of Boise and Idaho's Treasure Valley. Furthermore, distinctions in these surrogates' culture, innovation model and marketable products may help to explain the development of new technology firms in the metro area.

    • Read more about Recent Research: How "Surrogate Universities" Impacted the High-Tech Growth of the Boise Metro

    12 Universities Join $15M Border Security and Technology Initiative

    Wednesday, March 12, 2008

    The U.S. Department of Homeland Security (DHS) recently announced the recipient universities to conduct security research through five new Centers of Excellence. These centers will develop new technologies to prevent natural and man-made disasters, improve government response to such crises and monitor the nation's shores and borders.

    • Read more about 12 Universities Join $15M Border Security and Technology Initiative

    Vermont EPSCoR, Public TV Offer Series on State's Scientific Discoveries

    Wednesday, March 12, 2008

    State universities and research programs depend on public support to develop and commercialize new technologies, but the actual science involved in these discoveries can seem intimidating and arcane to the layman. How then should a state go about engaging the public in scientific research?

     

    • Read more about Vermont EPSCoR, Public TV Offer Series on State's Scientific Discoveries

    Maine Considers Value, Impact of Public R&D Investments

    Monday, March 5, 2007

    Over the last 10 years, the State of Maine has invested more than $296 million into R&D – an impressive figure for a state with an average population over the decade of just over 1.3 million people. In approving a mid-decade injection of funds, the state’s legislature skeptically or wisely asked the executive branch to periodically conduct independent assessments of whether or not the investment is worthwhile.

    • Read more about Maine Considers Value, Impact of Public R&D Investments

    Useful Stats: 2005 AUTM Survey Results, by State

    Monday, March 5, 2007

    The Association of University Technology Managers (AUTM) recently released the results of its fiscal year 2005 licensing survey. The survey, conducted annually by the nonprofit AUTM, provides quantitative information about licensing activities at U.S. and Canada universities, hospitals and research institutions. This year's format is slightly different, however. The 15th annual survey presents data accompanied by success stories and allows respondents to remain anonymous.

    • Read more about Useful Stats: 2005 AUTM Survey Results, by State

    Fed Considers Connection between Universities, Economic Growth

    Monday, March 5, 2007

    It won’t come to any surprise to Digest readers that there’s a connection between universities and economic prosperity. In addition to educating students and advancing science and technological innovation, the localized economic impact of institutions, alone, provides a buffer to economic swings for many mid-sized and smaller cities and college towns. How best to incorporate universities into regional tech-based economic development strategies without compromising core missions is an art not every community has mastered.

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    Can Smaller Cities Compete with the Country’s Most Successful VC Markets?

    Monday, March 5, 2007

    According to the latest stats on venture capital investments, half of all U.S. VC investment during the last quarter of 2006 supported companies in two small areas of the country: Silicon Valley and New England (primarily the Boston metro area). With the exception of only a handful of other large metro areas and, since the origin of the modern venture capital industry some 25 years ago, most other cities have struggled to attract the attention of venture capitalists.

    • Read more about Can Smaller Cities Compete with the Country’s Most Successful VC Markets?

    Recommended Rules of Engagement for University Tech Transfer

    Monday, March 5, 2007

    It is the opening day of AUTM’s 2007 annual conference in San Francisco, the largest gathering ever of individuals from around the world interested in university technology transfer.

    • Read more about Recommended Rules of Engagement for University Tech Transfer

    Prizes Making Comeback to Spur Innovation

    Monday, March 5, 2007

    A gala held last weekend at Google headquarters in California officially kicked off a $50 million fundraising campaign for the X Prize Foundation, which provides funds for the development of new prizes. The prizes are designed to support breakthroughs for specific challenges in medicine, energy production and consumption, education, and transportation.

    • Read more about Prizes Making Comeback to Spur Innovation

    Illinois Governor Proposes $100M to Improve Capital Access

    Monday, March 12, 2007

    In his recent combined State of the State and budget address on March 7, Illinois Gov. Rod Blagojevich proposed the formation of the Illinois Community Assets Fund (ICAF), a $100 million venture designed to increase access to capital and financing to economically distressed communities and populations that have had inadequate access to mainstream capital markets within the state. The assets of ICAF would be contained within the State Treasury, and the Illinois Department of Commerce and Economic Opportunity (DCEO) would administer the fund.

    • Read more about Illinois Governor Proposes $100M to Improve Capital Access

    Tennessee Governor Requests Funding for TBED, Alternative Fuels in Next Budget

    Monday, March 12, 2007

    Gov. Phil Bredesen’s budget proposal for 2007-2008 includes more than $100 million in new funding for several new education and high-tech development initiatives and a strategy to spur the state’s alternative fuels industry.

     

    • Read more about Tennessee Governor Requests Funding for TBED, Alternative Fuels in Next Budget

    Study Calls for Critical Boost in U.S. Degree Attainment Levels

    Monday, March 12, 2007

    The U.S. needs to increase the number of people receiving a bachelor’s or associate degree by 37 percent over current attainment levels if it desires to have 55 percent of the adult population with a college degree by the year 2025, Jobs for the Future reports. In Hitting Home: Quality, Cost, and Access Challenges Confronting Higher Education Today, the nonprofit organization predicts 55 percent will be the level of degree attainment for some of the top performing OECD countries in 2025. To remain competitive, the U.S. must use this figure as a target.

     

    • Read more about Study Calls for Critical Boost in U.S. Degree Attainment Levels

    More Female Students Pursuing Science and Engineering Degrees, NSF Report Shows

    Monday, March 12, 2007

    The American science and technology workforce is undergoing a major demographic shift. A report issued last week by the National Science Foundation shows that more women are participating in university science and engineering (S&E) programs than ever before. The biannual NSF report, entitled Women, Minorities, and Persons With Disabilities in Science and Engineering, provides a broad overview of demographic trends within university S&E programs. In 2007, the report's overriding theme is that although U.S.

    • Read more about More Female Students Pursuing Science and Engineering Degrees, NSF Report Shows

    SSTI Welcomes Newest Members

    Monday, March 12, 2007

    The following recently became SSTI affiliates or supporters:

    • Read more about SSTI Welcomes Newest Members

    Ohio Governor Wants $1B for Energy Tech

    Monday, March 19, 2007

    Coming a little late in the year to be included among our Tech Talkin’ Govs series (see Digest issues for Jan. 8, 15 and 29 and Feb. 19), Ohio Gov. Ted Strickland delivered his first State of the State Address on Mar. 14. Below are excerpts from his address calling for a $1 billion investment in alternative and renewable energy technologies over four years.

     

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    Angel Investments Top $25B in 2006

    Monday, March 19, 2007

    More than 51,000 early-stage ventures took in $25.6 billion of angel investment in 2006, according to the 2006 Angel Market Analysis released Mar. 19 by the Center for Venture Research at the University of New Hampshire. The dollar figure reflects a 10.8 percent increase from the 2005 findings. The number of deals made in 2006 only rose 3 percent over the previous year. As a result, average deal size grew 7.5 percent.

     

    • Read more about Angel Investments Top $25B in 2006

    South Dakota Changes Tactics in the Battle for High-Tech Jobs

    Monday, March 19, 2007

    South Dakota recently announced it is reorganizing its programs to support entrepreneurs and high-tech start-ups. Instead of offering assistance to new firms through small, targeted programs, the state will reallocate the funding for these smaller programs into a larger fund with fewer restrictions on how that money can be spent. The change will allow the state greater leeway to assist expanding businesses, many of which were not eligible for the existing support programs.

    • Read more about South Dakota Changes Tactics in the Battle for High-Tech Jobs

    Recent Research: Framing the Problem of Student Out-migration from States

    Monday, March 19, 2007

    Every year, some graduating high school students make the transition to college, many of them choosing to move to another state in order to continue their education. In some states, the number of students leaving the state is greater than the number entering, resulting in a “brain drain.” This net out-migration of students, many of which never to return to the state of their high school graduation, may impact a state’s skilled and competitive workforce, tax revenues, productivity gains, and appreciation of diversity.



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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?

    venture capital
    startups

    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.

    fy26budget
    sba
    cdfi
    higher ed

    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.

    AI
    jobs
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