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Displaying 3401 - 3425 of 9253
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Report Assesses Arizona's Strengths and Weaknesses in TBED

Wednesday, January 6, 2010

Arizona's state, regional and university leaders already have made efforts to stimulate elements of a high-tech economy; however, missing are key fundamentals necessary for the state to compete on a national level, finds a report on Arizona's tech economy.

  • Read more about Report Assesses Arizona's Strengths and Weaknesses in TBED

Ohio's Third Frontier Program Yielding 22% Annual Return, Heads to May Ballot for Renewal

Wednesday, January 6, 2010

The Ohio Business Roundtable's independent assessment of the outcomes and impacts from the first $473 million invested from Ohio's Third Frontier (OTF) Program since its creation in 2003 shows the program providing an annualized return of 22 percent - and climbing. Presented to the Ohio Department of Development Dec. 8, the report reveals product sales of OTF-funded projects already equal $440 million alone, nearly matching the state's investment. An additional $3.2 billion of follow-on funding has been secured for OTF projects as well.

  • Read more about Ohio's Third Frontier Program Yielding 22% Annual Return, Heads to May Ballot for Renewal

People

Wednesday, January 6, 2010
People

 

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Tech Talkin' Govs, Part III

Wednesday, January 27, 2010

The third installment of SSTI’s Tech Talkin’ Govs’ series includes excerpts from speeches delivered in Delaware, Maine, Missouri, New Hampshire, Ohio, Rhode Island, South Dakota, Utah and Wisconsin. The first and second installments are available in the Jan 13 Digest and Jan. 20 Digest, respectively.

  • Read more about Tech Talkin' Govs, Part III

$101M NYSTAR Increase Among Gov’s Proposals

Wednesday, January 27, 2010

The New York State Foundation for Science, Technology and Innovation (NYSTAR), the state’s lead tech-based economic development agency, would see a significant boost in funding under a proposal unveiled by Gov. David Paterson to distribute $100 million in new Innovation Economy Matching Grants.

  • Read more about $101M NYSTAR Increase Among Gov’s Proposals

Maryland Budget Request Includes $43M for BIO 2020 Initiative

Wednesday, January 27, 2010

In his budget presentation to the legislature last week, Gov. Martin O’Malley called for continued support of his 10-year, $1 billion plan to build Maryland's reputation as a global leader in biosciences. To this end, the governor recommends $43 million in FY11 for stem cell research, tax credits for biotech companies, and support for biotechnology commercialization and translational research.

  • Read more about Maryland Budget Request Includes $43M for BIO 2020 Initiative

Connecticut Innovations Doubling Return to State Coffers

Wednesday, January 27, 2010

Most impact models look at broad measures, sometimes including multiplier estimates for indirect effects. Connecticut Innovations (CI) takes a different approach, but one that might be expected from the venerable equity investment program – the direct capital return to its initial stakeholder, the state.

Bottom line: the program pays for itself, according to recent impact study performed by Connecticut’s Department of Economic and Community Development.. In fact, it has paid nearly $2 for every dollar invested between 1995 and 2008.

  • Read more about Connecticut Innovations Doubling Return to State Coffers

Vermont Jobs Plan Tags $8.7M of Federal Stimulus Funds

Wednesday, January 27, 2010

Earlier this month, Gov. Jim Douglas announced a plan to use $8.7 million in federal stimulus funds for job creation programs, including broadband infrastructure, low-interest loans and workforce training. Many of the proposals mirror last year’s SmartVermont plan, a proposal rejected by lawmakers that would have leveraged federal funds to provide $17.2 million for statewide economic development. (see the June 3, 2009 issue of the Digest).

  • Read more about Vermont Jobs Plan Tags $8.7M of Federal Stimulus Funds

Minnesota S&T Leaders Blast State’s Long Hiatus from TBED

Wednesday, January 27, 2010

“Minnesota faces a crisis of competitiveness.” It didn’t take Minnesota’s leaders long to recognize the state’s precipitous fall in the standings for many major indicators over the past two decades paralleled the state’s prolonged diinvestment from a proactive TBED strategy.

  • Read more about Minnesota S&T Leaders Blast State’s Long Hiatus from TBED

U.S. Venture Investment Falls to Lowest Level in a Decade

Wednesday, January 27, 2010

Last year venture investment decreased to its lowest level since 1997, according to the latest Moneytree Report from PricewaterhouseCoopers and the National Venture Capital Association (NVCA).  A weak environment for exits and increasing caution on the part of investors contributed to a 37 percent decrease in investment dollars and a 30 percent decline in venture deals from 2008 levels. This marks the second consecutive year of declining venture dollars and deals.

  • Read more about U.S. Venture Investment Falls to Lowest Level in a Decade

TBED People

Wednesday, January 27, 2010

Virginia Governor Bob McDonnell dropped his previous nomination, Robert Sledd, as his secretary for Commerce and Trade and instead nominated businessman James Cheng. Cheng, whose nomination needs to be confirmed by the Democratic-controlled Senate, was sworn in on January 17.

  • Read more about TBED People

Job Corner

Wednesday, January 27, 2010

The National Science Foundation is seeking a Senior Analyst in its Science & Engineering Indicators Program, Division of Science Resources Statistics’ (SRS) Directorate for Social and Behavioral Sciences, Arlington, VA. The appointment is under the Intergovernmental Personnel Act (IPA) for a two-year renewable period

  • Read more about Job Corner

Tech Talkin' Govs, Part II

Wednesday, January 20, 2010

The second installment of SSTI’s Tech Talkin’ Govs’ series includes excerpts from speeches delivered in Colorado, Virginia and West Virginia. Our first installment was in the Jan 13 Digest.

  • Read more about Tech Talkin' Govs, Part II

EDA Offers $37 Million for Trade Adjusted Communities

Wednesday, January 20, 2010

The Economic Development Administration invites proposals to distribute $37 million through the Community Trade Adjustment Assistance Program. Funds are available for communities that have experienced, or are threatened by, job loss resulting from international trade impacts. Communities must be certified as eligible for trade adjusted assistance. Funding can be used for planning, technical or infrastructure projects that could involve innovation and entrepreneurship. Proposals are due April 20. Funds will be disbursed through EDA’s six regional offices.

  • Read more about EDA Offers $37 Million for Trade Adjusted Communities

Commerce Taking Up Need to Commercialize More Federal R&D

Wednesday, January 20, 2010

Describing the nation’s innovation system as broken, U.S. Secretary of Commerce Gary Locke yesterday said the Department of Commerce will be “working hard to find solutions” that move more federally funded R&D into the commercial market.

“Even in areas where we are allocating enough funding for R&D, we’re not doing a good enough job getting these ideas into the marketplace, particularly through entrepreneurs.

  • Read more about Commerce Taking Up Need to Commercialize More Federal R&D

University-based Research Initiatives Slated for Reduction in Georgia Budget

Wednesday, January 20, 2010

Gov. Sonny Perdue last week outlined an $18.2 billion budget for FY11 that reduces spending across several state agencies, including a $9.6 million reduction for R&D activities through the Research Consortium. The governor’s budget also would eliminate two science, technology, engineering and mathematics (STEM) programs within the Department of Education.

  • Read more about University-based Research Initiatives Slated for Reduction in Georgia Budget

Governor’s Budget Includes $5.9M for KTEC

Wednesday, January 20, 2010

Gov. Mark Parkinson last week unveiled his FY11 budget proposal, which includes $5.9 million from the Economic Development Initiatives Fund (EDIF) for the Kansas Technology Enterprise Corporation (KTEC), down $1.8 million from the FY10 governor’s estimate of $7.75 million. Many of the governor’s budget recommendations, including funding for KTEC and university research initiatives, may hinge on a tax increase proposal, however.

  • Read more about Governor’s Budget Includes $5.9M for KTEC

Florida 5-Year Plan Advocates STEM, Clusters & Tech Commercialization

Wednesday, January 20, 2010

Enterprise Florida released its latest five-year strategic plan for the state, calling for increased investment in STEM education, university research, commercialization assistance and early-stage capital access programs. Florida must diversify its economy and strengthen its high-tech industries in order to reduce the state’s reliance on population-based growth, according to the report. Enterprise Florida also endorses a cluster-based strategy to promote high-tech industries based on their relative levels of development in the state.

  • Read more about Florida 5-Year Plan Advocates STEM, Clusters & Tech Commercialization

Useful Stats: “Eroding Dominance” Theme of S&E Indicators 2010

Wednesday, January 20, 2010

Current trends presented in the 2010 edition of the National Science Board’s biennial Science & Engineering Indicators suggest as early as the 2012 edition, the U.S. will no longer leads the world for a key indicator: total R&D expenditures – unless corrective action is taken.

 

  • Read more about Useful Stats: “Eroding Dominance” Theme of S&E Indicators 2010

Tech Talkin' Govs, Part I

Wednesday, January 13, 2010

Entering its tenth year covering governors’ State of the State, Budget and Inaugural Addresses, SSTI’s Tech Talkin’ Govs series highlights new and expanded TBED proposals from across the nation. The first edition includes excerpts from speeches delivered in the following states:

Arizona
Gov. Janice Brewer, State of the State Address, Jan. 11, 2010

  • Read more about Tech Talkin' Govs, Part I

Philadelphia to Encourage College Attendance

Wednesday, January 13, 2010

In an effort to improve the percentage of city residents with college degrees, Philadelphia Mayor Michael Nutter announced his administration will be opening an office within City Hall to help potential students considering higher education. The “PhillyGoes2College” office will direct residents to assistance with filling out financial aid forms and applications, preparing for standardized admission tests, and writing college essays.

  • Read more about Philadelphia to Encourage College Attendance

Baton Rouge Area Chamber: Statewide TBED Organization Needed

Wednesday, January 13, 2010

The Baton Rouge Area Chamber (BRAC) has released the second and final component of its strategy advocating the need to advance a tech-based economy throughout Louisiana. The white paper focuses on the topics of entrepreneurship, workforce development, risk capital, and coordinating TBED efforts at the state level. For example, BRAC calls for all returns from state funds invested in venture capital firms to be reinvested, for regional angel networks to be supported, and for the state’s angel investor tax credit to be reinstated.

  • Read more about Baton Rouge Area Chamber: Statewide TBED Organization Needed

Los Angeles County Adopts New Strategy for Job Creation

Wednesday, January 13, 2010

The Los Angeles County Economic Development Corporation has approved what is being called the region's first consensus strategic plan for economic development. The plan includes support for local research and commercialization activities, sector-based worker training and placement programs and provides assistance to entrepreneurs. Read more at: http://www.lacountystrategicplan.com.

  • Read more about Los Angeles County Adopts New Strategy for Job Creation

Feds, Private Companies to Invest $250 Million in STEM Teacher Training Programs

Wednesday, January 13, 2010

President Obama announced five new public-private partnerships to train more than 10,000 new math and science teachers over the next decade. The partnerships, part of the White House's "Educate to Innovate", represent a $250 million investment in STEM education.

  • Read more about Feds, Private Companies to Invest $250 Million in STEM Teacher Training Programs

North Dakota Centers of Excellence: $16.56 Impact for Each State Dollar spent So Far

Wednesday, January 13, 2010

Providing strong evidence for how public investments in research and TBED pay off even on a short time horizon, a recent impact analysis calculated the total impact from the first $19.9 million North Dakota spent over the past four years for the establishment of 20 Centers of Excellence across the state. The analysts from North Dakota State University reported a combined cumulative impact of $329.5 million for the 30 months ending June 2009. The total includes both direct reported results and estimates for indirect impacts.

  • Read more about North Dakota Centers of Excellence: $16.56 Impact for Each State Dollar spent So Far

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