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Special Federal Budget Issue: NASA

Monday, February 14, 2005

The Administration's $16.47 billion FY 2005 budget request for NASA represents a 2.4 percent increase over the FY 2005 appropriation. Among highlights, the budget proposal maintains investments in next-generation Earth-observing satellites to support climate research efforts.

  • Read more about Special Federal Budget Issue: NASA

Fuel Cells Increasingly on States' Radar

Friday, May 17, 2002

Ohio Proposes to Join Race With the growing need to identify cleaner sources of power, coupled with recent advances in alternative energy technologies, many states are targeting science and technology investments toward fuel cells. California, Connecticut, Massachusetts and New York all have made investments in fuel cell research demonstration or commercialization projects through energy related research funds.

  • Read more about Fuel Cells Increasingly on States' Radar

Canadians Look at Policy Implications of the New Economy

Friday, May 17, 2002

The Spring 2002 edition of the Isuma, the quarterly Canadian Journal of Policy Research, is dedicated to issues surrounding the New Economy. Many of the 16 papers in the free, online issue will be of interest to readers of SSTI's Weekly Digest, including:

  • Read more about Canadians Look at Policy Implications of the New Economy

Louisiana Legislature Passes Tax Credits to Promote R&D

Friday, May 17, 2002

The 2002 Special Session of the Louisiana State Legislature has yielded a series of tax credits that aim to benefit biotechnology companies in Louisiana, promote commercialization of technology, encourage R&D investments, and make the state more competitive in information technology. The tax credits are as follows:

  • Read more about Louisiana Legislature Passes Tax Credits to Promote R&D

State & Local Tech-based ED News

Friday, May 17, 2002

Buffalo

The Buffalo News reports InfoNiagara, a technology council serving 230 IT companies, has signed a reciprocal membership with the Amherst Chamber of Commerce to increase the benefits offered to both organizations' members. The chamber's 2,300 members gain access to InfoNiagara's training and professional development programs, according to the paper, while the tech council is able to offer its members a variety of insurance programs the chamber has in place.

  • Read more about State & Local Tech-based ED News

Useful Stats: 1st Quarter VC Data by State

Friday, May 17, 2002

After holding steady in late 2001, the amount of venture capital investment continued its two-year decline in the first quarter of 2002, according to the PricewaterhouseCoopers/Venture Economics/National Venture Capital Association MoneyTree™ Survey. Total investments fell to $6.2 billion — a 24 percent decrease from the fourth quarter of 2001. A total of 787 companies received venture backing, or 207 fewer than the prior quarter.

  • Read more about Useful Stats: 1st Quarter VC Data by State

People

Friday, May 17, 2002

The president of the Buffalo Economic Renaissance Corp, Alan DeLisle, is leaving to become director of the Office of Economic and Employment Development in Durham, N.C.

Larry Kline has resigned as president of the Wisconsin Technology Council to take a position as chief financial officer and vice president for business development with a biotech firm.

  • Read more about People

People

Friday, May 17, 2002

The president of the Buffalo Economic Renaissance Corp, Alan DeLisle, is leaving to become director of the Office of Economic and Employment Development in Durham, N.C.

  • Read more about People

People

Friday, May 17, 2002

Larry Kline has resigned as president of the Wisconsin Technology Council to take a position as chief financial officer and vice president for business development with a biotech firm.

  • Read more about People

People

Friday, May 17, 2002

Jeffrey Skolnick has been named executive director of the new Center of Excellence in Bioinformatics based at the University of Buffalo. In introducing Skolnick, Governor Pataki confirmed the new state budget includes $50 million for the center, according to the May 10 issue of the Buffalo News.

  • Read more about People

Bill Introduced Toward Doubling NSF Budget

Friday, May 10, 2002

Members of the House Science Committee introduced legislation this week that would place the National Science Foundation (NSF) on a track to double the agency's budget in five years. The bill, H.R. 4664, authorizes a 15 percent increase for NSF for each of the next three years.

  • Read more about Bill Introduced Toward Doubling NSF Budget

Michigan Evaluates Its Competitiveness

Friday, May 10, 2002

Earlier this week, the Michigan Economic Development Corporation (MEDC) and the Michigan Business Roundtable released a benchmarking study that used 140 indicators across seven areas to compare the state's competitiveness with 17 other states.

  • Read more about Michigan Evaluates Its Competitiveness

Program Manager Sought for Northwest Energy Technology Collaborative

Friday, May 10, 2002

Washington Technology Center is seeking someone to become the first full-time program manager for the Northwest Energy Technology Collaborative. The Collaborative is a public-private partnership committed to accelerating the emergence of the Pacific Northwest's energy technology industry. The Collaborative seeks to build market-based programs that support businesses, entrepreneurs, investors, researchers and policymakers to address challenges facing this emerging industry.

  • Read more about Program Manager Sought for Northwest Energy Technology Collaborative

Useful Stats: 2001 SBIR Phase I Figures by State

Friday, May 10, 2002

SSTI has compiled the 2001 statistics from the ten federal agencies participating in the Small Business Innovation Research (SBIR) Program to help states gear up for the next round of competition for the Federal and State Technology Partnership and Rural Outreach Programs (FAST and ROP, respectively). SBIR statistics are also used by several states as one measure or indicator for innovation indices and S&T report cards.

  • Read more about Useful Stats: 2001 SBIR Phase I Figures by State

State and Local Tech-based ED RoundUp

Friday, May 10, 2002

Savannah, Georgia

  • Read more about State and Local Tech-based ED RoundUp

People

Friday, May 10, 2002

Marv Clement, former manager of Entrepreneurial Programs at Pacific Northwest National Laboratory in Richland, Washington, retired in April 2002.

Bob Filka, vice president of strategic initiatives for the Michigan Economic Development Corporation, is leaving to become chief operating officer of the Michigan Broadband Authority Board. William Rosenberg will become the new board's first director.

  • Read more about People

People

Friday, May 10, 2002

Marv Clement, former manager of Entrepreneurial Programs at Pacific Northwest National Laboratory in Richland, Washington, retired in April 2002.

  • Read more about People

People

Friday, May 10, 2002

Bob Filka, vice president of strategic initiatives for the Michigan Economic Development Corporation, is leaving to become chief operating officer of the Michigan Broadband Authority Board. William Rosenberg will become the new board's first director.

  • Read more about People

People

Friday, May 10, 2002

Alex Fisher, chief of staff for Tennessee Governor Don Sundquist, is leaving to become the director of technology transfer and economic development at Oak Ridge National Laboratory.

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People

Friday, May 10, 2002

Molly Lambert, secretary of the Vermont Agency of Commerce and Community Development since 1998, is resigning July 1 to become head of the Vermont Captive Insurance Association. The Agency is comprised of the Departments of Economic Development, Tourism and Marketing, and Housing and Community Affairs.

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Tech Talkin' Govs 2005, Part Five

Monday, February 7, 2005

The first four installments of SSTI's annual look at how TBED will play in the 2005 legislative priorities of the governors can be found in the Digest archives on our website: http://www.ssti.org/Digest/digest.htm

Kentucky

  • Read more about Tech Talkin' Govs 2005, Part Five

Washington Gov. Proposes $350M Life Science Fund

Monday, February 7, 2005

Gov. Christine Gregoire announced the first stages of her economic development program last Wednesday, highlighted by a proposal to inject $35 million annually starting in 2008 for the next 10 years into life sciences research at the state's universities. Gov. Gregoire also requested legislation be introduced this week that would facilitate the transfer of technology from research institutions to the private sector.

  • Read more about Washington Gov. Proposes $350M Life Science Fund

NIH Changes Ground Rules for Biotech

Monday, February 7, 2005

The nation's most significant source of funding for life science research, the National Institutes of Health, announced two sweeping changes last week that could dramatically alter biotechnology commercialization. The first policy change addresses known and potential conflicts of interest by NIH employees, while the second encourages all NIH-funded research to be released publicly within 12 months of final publication.

  • Read more about NIH Changes Ground Rules for Biotech

Latest TBED Policy Research

Monday, February 7, 2005

The latest email from the Reseau Innovation Network's Innovation Newsletter out of Canada and the D.C.-based Public Forum Institute's National Dialogue on Entrepreneurship called to SSTI's attention two websites with online access to more than 60 academic research papers of potential interest and importance to those interested in encouraging economic growth through

  • Read more about Latest TBED Policy Research

TBED Mergers, IPOs and Foreclosures

Monday, February 7, 2005

In January, Rhode Island's Tech Collective announced the creation of BioGroup, a subsidiary to focus on the needs of the state's life science industry. The new organization will serve as the state affiliate to the Biotechnology Industry Organization (BIO).

  • Read more about TBED Mergers, IPOs and Foreclosures

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Wednesday, July 8, 2026
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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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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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