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Two Digests This Week? Special Issue to Focus on TBED View of 2006 Federal Budget Request

Monday, February 7, 2005

By the end of the week, SSTI will be sending Digest subscribers our ninth annual review of the president's federal budget proposal. We will highlight dozens of science and technology programs and initiatives of interest to our readers. Early indications are the 2006 request, released this afternoon, if enacted would result in significant changes for nearly every program of importance for the tech-based economic development (TBED) community.

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Technology Assessment Service for Congress Explored

Friday, May 3, 2002

With technology's pervasiveness and important role in most aspects of the policy agenda before Congress, the need for accurate, nonpartisan information on technology may never have been greater. Two approaches to meeting the need were the topic of Technology Assessment: Identifying the Needs of Congress, a recent forum co-hosted by ASME International and the Institute of Electrical and Electronics Engineers (IEEE).



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Strong R&D Spending Supports U.S. Economic Growth, NSF Report Shows

Friday, May 3, 2002

Dramatic increases in research and development (R&D) investments during the past decade, largely from industry, have contributed to U.S. standing as a global economic power, according to Science and Engineering Indicators 2002, a biennial report of the National Science Board. The U.S. had $244.1 billion in R&D investments in 1999, an increase of nearly $33 billion from 1997, the report shows. In addition, the U.S.

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Defense Restores SBIR Funds...and other SBIR News

Friday, May 3, 2002

Defense Concedes: Will Honor 2.5% Set Aside

  • Read more about Defense Restores SBIR Funds...and other SBIR News

Comprehensive Internet Studies Issued in Maryland, Maine

Friday, May 3, 2002

Two recent studies on Internet usage in Maryland and Maine offer detailed maps of broadband infrastructure. The studies offer some insights on how businesses and, in the case of Maryland, private citizens are accessing the Internet. Specific findings are not presented below; however, each of the studies are available in their entirety via the links that follow the respective summaries.



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Doctorates in Physics and Engineering Plummet during Late 1990s

Friday, May 3, 2002

The National Science Foundation reports the number of doctorate awards from U.S. universities in physics, after hitting a record high in 1994, fell 22 percent by the year 2000. Doctorates in engineering declined 15 percent by the year 2000 from the 1996 peak.



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California's Best TBED Programs Identified

Friday, May 3, 2002

With a large land mass and a population surpassing the 21 least populated states and the District of Columbia combined, California has scores of public programs and nonprofit organizations dedicated to encouraging technology-based economic development on the state, regional, local and sub-local levels. Best practices in the field, then, could have applications in a number of other states and communities.



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State and Local Tech-based ED RoundUp

Friday, May 3, 2002

Alaska

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Useful Stats: Industrial R&D Per Capita: 1997-1999

Friday, May 3, 2002

Industrial R&D intensity, or measuring industrial research and development expenditures as a proportion of Gross State Product, is just one method to standardize the data for comparison across states (see the April 12, 2002 edition of the SSTI Weekly Digest). Reviewing a state's expenditures on the basis of its population is another technique.



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People

Friday, May 3, 2002

The U.S. Small Business Administration has named Heath Copp as the Young Entrepreneur of the Year. Mr. Copp, 24, is a resident of Grand Forks, North Dakota.



Gary Neil Drummond has been elected chairmain of the board for the Economic Development Partnership of Alabama.



Joseph Hammang is leaving his position as director of science and technology at the Rhode Island Economic Policy Council to join the pharmaceutical giant, Pfizer, Inc.

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People

Friday, May 3, 2002

The U.S. Small Business Administration has named Heath Copp as the Young Entrepreneur of the Year. Mr. Copp, 24, is a resident of Grand Forks, North Dakota.

  • Read more about People

People

Friday, May 3, 2002

Gary Neil Drummond has been elected chairmain of the board for the Economic Development Partnership of Alabama.

  • Read more about People

People

Friday, May 3, 2002

Joseph Hammang is leaving his position as director of science and technology at the Rhode Island Economic Policy Council to join the pharmaceutical giant, Pfizer, Inc.

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People

Friday, May 3, 2002

John S. Maxson has been named as the new president of The Illinois Coalition. Mr. Maxson fills the position vacated by Shaye Mandle earlier this spring.

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People

Friday, May 3, 2002

The Illinois Innovation Initiative has named Jerry Mitchell to serve as commercialization manager. Mr. Mitchell is also president of the Midwest Entrepreneurs Forum.

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People

Friday, May 3, 2002

Sacramento's economic development director, Andy Plescia, is moving on to become a private development consultant.

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People

Friday, May 3, 2002

Marguerite Wilbur has been named president and CEO of Joint Venture: Silicon Valley.

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People

Friday, May 3, 2002

David Winder, currently executive director of the Utah Department of Community and Economic Development, has been appointed to a newly created post as Governor Mike Leavitt's special assistant for post-Olympic projects. According to the Salt Lake Tribune, Mr. Winder will serve both positions until a replacement is named for the DCED position.

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Organizational Updates

Friday, May 3, 2002

The State of Colorado is creating an office to recruit and assist space technology businesses, the Associated Press reported. Approximately $240,000 has been raised for the office, which will be led by a yet-to-be-named "Colorado space advocate." One fourth of the funds are provided by the state, with the balance received from the private sector.

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Organizational Updates

Friday, May 3, 2002

The Lehigh Valley Technology Network was launched mid-April in Bethlehem, Pennsylvania. Organizing efforts were led by the Lehigh Valley Chamber of Commerce, the Ben Franklin Technology Partners of Northeastern Pennsylvania and the Lehigh Valley Economic Development Corp. One of the Network's potential roles, according to The Morning Call, may be to serve as a liaison between high-tech entrepreneurs and a new angel capital group, the Northeast Pennsylvania Angel Network.

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Organizational Updates

Friday, May 3, 2002

The New York New Media Association has been acquired by the Washington D.C.-based Software and Information Industry Association. At this time, the groups plan to maintain separate offices, staffs, boards, and memberships.

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Tech Talkin' Govs 2005, Part Four

Monday, January 31, 2005

The first three 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

Hawaii

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Independent MTI Assessment Reveals Economic Impact

Monday, January 31, 2005

If the success of its funded companies is revealing, the Maine Technology Institute (MTI) has done well to spur innovative activity in Maine, suggests an independent analysis recently released in the state.

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Pennyslvania Outlines Role and Function of Its TBED Portfolio

Monday, January 31, 2005

Is Pennsylvania getting enough bang -- or the right bang -- from its investments in promoting a tech-based economy? The state has been one of the nation's leading public investors in technology-based economic development (TBED) for more than 20 years. Programs have evolved and been added over the years as factors affecting innovation and private sector growth changed. The result is now Pennsylvania's researchers and entrepreneurs have a complex portfolio of public-private resources available to them.

  • Read more about Pennyslvania Outlines Role and Function of Its TBED Portfolio

New Agency Spun Out of Illinois Coalition

Monday, January 31, 2005

Goal is improved service delivery, advocacy for tech community

To produce a more focused and effective effort in the areas of commercialization and advocacy, the Illinois Coalition has divided into two separate public-private organizations.

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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.
regionalism
innovation

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.
tbed

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. 
investing
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