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Highest Recommendation: OREDI Newsletter

Friday, February 22, 2002

We read a lot of e-mail for the Digest. A lot of e-mail. We know that e-mail boxes are getting fuller all the time, so even thinking of recommending that you increase your reading load takes a lot of nerve, or a very good reason. This one is the latter.



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Congress Gives MEP $109M for FY 2005

Monday, November 22, 2004

The omnibus appropriations bill approved by Congress over the weekend provides $109 million in fiscal year 2005 funds to the Manufacturing Extension Partnership (MEP) program, according to the American Small Manufacturers Coalition (ASMC). Of the total, $3 million is directed to help small and rural states advance outreach to manufacturers, ASMC states in its most recent legislative update.

  • Read more about Congress Gives MEP $109M for FY 2005

Wisconsin Responds to California Stem Cell Commitment

Monday, November 22, 2004

Just as SSTI and other post-election analysts predicted, California’s recent passage of a $3 billion commitment to stem cell research is triggering responses from across the country. Wisconsin is the first to outline a specific, strategic reaction to the California referendum in an effort to retain or regain momentum in the race to encourage bio-based economic growth.

  • Read more about Wisconsin Responds to California Stem Cell Commitment

West Virginia Accelerates Health Sciences Research Plan

Monday, November 22, 2004

West Virginia University’s plan to develop strong research capabilities in a number of focused areas, creating hundreds of new jobs, may be completed in half the time originally anticipated. Gov. Bob Wise announced last week a $24.4 million funding package to jump-start the implementation of new research facilities and laboratories on the WVU campus.

  • Read more about West Virginia Accelerates Health Sciences Research Plan

Report Could Have Implications for Connecticut Job Growth, Education

Monday, November 22, 2004

Gov. Jodi Rell recently announced the results of a study of the strengths and weaknesses of Connecticut’s infrastructure for innovation, technology transfer and development of new businesses. A report prepared for the Connecticut Technology Transfer and Commercialization Advisory Board of the governor's Competitiveness Council presents the results.

  • Read more about Report Could Have Implications for Connecticut Job Growth, Education

Want more Entrepreneurship from the Ivory Towers? Try a Culture Change

Monday, November 22, 2004

Study Suggests Cultural Changes in Universities Could Be Key to Promoting Greater Tech Transfer

  • Read more about Want more Entrepreneurship from the Ivory Towers? Try a Culture Change

Texas STEM Program Finds Improved S&E Attitudes, Perceptions

Monday, November 22, 2004

Many minority population groups are historically underrepresented in science, technology, engineering, and math (STEM) fields. This is particularly true of the country's Latino population, one of the fastest growing segments of the U.S workforce. As a result, several state and regional tech-based economic development programs are looking for ways to broaden participation in STEM fields. A recent evaluation of a Texas program finds encouraging results, perhaps suggesting a model for others to replicate.

  • Read more about Texas STEM Program Finds Improved S&E Attitudes, Perceptions

Florida Lands Seven of Top 15 Cities in Milken Index

Monday, November 22, 2004

Led by the Fort Myers-Cape Coral metro area, a burgeoning retirement and tourist destination on the state’s southwest coast, Florida landed seven of the top 15 metros in Milken Institute’s 2004 Best Performing Cities Index released last week. The others are West Palm Beach-Boca Raton (4th), Daytona Beach (5th), Sarasota-Bradenton (6th), Fort Lauderdale (9th), Tampa-St. Petersburg-Clearwater (12th) and Naples (15th).

  • Read more about Florida Lands Seven of Top 15 Cities in Milken Index

Useful Stats: 2003 High Tech GDP Location Quotient

Monday, November 22, 2004

Using data from its 2004 Best Performing Cities Index, Milken has generated a comprehensive table ranking cities by one- and five-year measurements of job growth, wages and salaries, and relative high tech gross domestic product (GDP) growth, and other measurements.

  • Read more about Useful Stats: 2003 High Tech GDP Location Quotient

State Fiscal Conditions Continue Downward Spiral, Survey Says

Friday, February 15, 2002

The number of states reporting cost overruns, budget cuts and use of their fiscal reserves has grown significantly over the last three months, according to a report released last week by the National Conference of State Legislatures (NCSL).



  • Read more about State Fiscal Conditions Continue Downward Spiral, Survey Says

Changes Proposed to Improve ATP

Friday, February 15, 2002

Royalty payback requirements and expanding roles for universities are among the changes outlined by the U.S. Department of Commerce in The Advanced Technology Program: Reform with a Purpose. With goals of improving the Advanced Technology Program (ATP) and providing "stability" — making the program more palatable to its perennial Congressional detractors — the Department of Commerce has identified six structural changes within ATP.



  • Read more about Changes Proposed to Improve ATP

Tennessee Unveils New Economy Strategy

Friday, February 15, 2002

Earlier this week, Governor Don Sundquist and the Tennessee Technology Development Corp. (TTDC) released the New Economy Strategy, a broad plan to improve the state's economic viability through science and technology. The strategy encompasses many new initiatives to complement TTDC's existing portfolio of tech-based economic development efforts.



  • Read more about Tennessee Unveils New Economy Strategy

Strategic Plans Target Workforce in San Diego Region

Friday, February 15, 2002

The San Diego Work Force Partnership recently released four strategic plans as a blueprint to prepare San Diego's workforce to compete in the changing global economy. Initiated as part of a broader Regional Workforce Development Strategic Planning Initiative, the plans reflect the concerns of area businesses for developing and maintaining skilled workers.



  • Read more about Strategic Plans Target Workforce in San Diego Region

TEDCO, DBED Study Shows Origins of Maryland Entrepreneurs

Friday, February 15, 2002

The Maryland Technology Development Corp. (TEDCO) and the Department of Business and Economic Development (DBED) recently presented the first part of a two-phase study by the Johns Hopkins Institute for Policy Studies entitled The Genealogy of Maryland Entrepreneurs.



  • Read more about TEDCO, DBED Study Shows Origins of Maryland Entrepreneurs

Initiative to Strengthen Presence of Life Sciences in Central Indiana

Friday, February 15, 2002

Leaders of Central Indiana's top research, academic and economic development organizations announced on Wednesday an effort to develop the region as a world-class center for the life sciences industry.



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Tech-talkin' Govs: State of the State and Budget Addresses

Friday, February 15, 2002

This is the fifth installment in the "Tech-talkin' Govs" series which provides highlights of programs, policies, and issues included in the Governors' addresses related to tech-based economic development.



Connecticut

John G. Rowland, Budget Address, February 6, 2002

  • Read more about Tech-talkin' Govs: State of the State and Budget Addresses

Useful Stats: 4th Quarter VC Data by State

Friday, February 15, 2002

Two independent surveys of venture capital investments made during the fourth quarter of FY 2001 suggest an end to downward trends in the flow of money and number of VC placements.



MoneyTree™ Survey

  • Read more about Useful Stats: 4th Quarter VC Data by State

GAO Report Could Help U.S. Assess its Progress

Monday, November 15, 2004

A new U.S. Government Accountability Office (GAO) report sets forth options for Congress to consider in establishing a system of key national indicators.

  • Read more about GAO Report Could Help U.S. Assess its Progress

Seattle Tops Visa’s List of Most Innovative Cities

Monday, November 15, 2004

A Visa analysis of innovation and creativity among the nation’s top 50 metro areas has Seattle ranked first in combined scoring, followed by Austin, Nashville, Minneapolis and Washington, D.C. Visa’s Innovation Index measures entrepreneurialism, community support and creativity on a per capita basis throughout the major Metropolitan Statistical Areas.

  • Read more about Seattle Tops Visa’s List of Most Innovative Cities

Canada Launches $125M Facilities to Advance Tech Commercialization

Monday, November 15, 2004

To increase the commercial value and economic benefits of federal investments in scientific research, the National Research Council of Canada (NRC) is launching six new research and innovation facilities valued at over $125 million.

  • Read more about Canada Launches $125M Facilities to Advance Tech Commercialization

Georgia Tech’s $5M Tennenbaum Institute to Focus on Enterprise Transformation

Monday, November 15, 2004

For most people in the business sector and economic development field, perhaps, the word "innovation" is quickly associated with tech start-ups and entrepreneurial businesses. The new Tennebaum Institute at Georgia Tech, opened last month with a $5 million donation from school alumnus Michael Tennebaum, is hoping to change that.

  • Read more about Georgia Tech’s $5M Tennenbaum Institute to Focus on Enterprise Transformation

SBA Report Outlines State of Small Business

Monday, November 15, 2004

The Office of Advocacy of the U.S. Small Business Administration recently unveiled a new federal government report outlining the state of small business and its contributions to the economy. The Small Business Economy, 2004, the latest in an annual series, analyzes 2003 data.

  • Read more about SBA Report Outlines State of Small Business

Useful Stats: State Business Establishments, 1998 and 2003

Monday, November 15, 2004

The number of business establishments in the U.S. grew by 17.4 percent between 1998 and the end of 2003, although a slight net decline occurred in 2003 for the first time in six years, according to data recently released by infoUSA.

  • Read more about Useful Stats: State Business Establishments, 1998 and 2003

Kerry-Bond Letter Reminds Defense of its SBIR Obligation

Friday, February 1, 2002

The Missile Defense Agency (MDA), formerly known as the Ballistic Missile Defense Organization, may have cut the amount of research funding it is required to award small tech companies, but the Department of Defense still must meet its full 2.5 percent set-aside obligations, points out Senators John Kerry of Massachusetts and Christopher "Kit" Bond of Missouri in a strongly worded, bipartisan letter to Defense Secretary Donald Rumsfeld.

  • Read more about Kerry-Bond Letter Reminds Defense of its SBIR Obligation

NSF Releases $160M Math & Science Partnership RFP

Friday, February 1, 2002

With the goal of supporting partnerships that unite the efforts of local school districts with science, mathematics, engineering and education faculties of colleges and universities, the National Science Foundation (NSF) has released the first request for proposals (RFP) for the $160 million Math & Science Partnerships (MSP) initiative. Involvement of additional stakeholders, especially states, is highly encouraged, according to the RFP.



  • Read more about NSF Releases $160M Math & Science Partnership RFP

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Recent news from the SSTI Digest

Differences in industry concentrations of VDO and VC investments

Wednesday, August 26, 2026
Data reveal that policymakers should not equate strong Venture Development Organizations (VDOs) with private venture capital companies; the purpose of creating public policy to increase the availability of innovation-centered risk capital can be lost if one presumes VCs and VDOs are the same. While there are many similarities between individual VDOs and VC funds, important differences in industry concentration emerge when the two groups are compared in aggregate, which may result in different long-term economic impacts.  Effective VDOs are important drivers of regional innovation and of pushing emerging tech businesses forward. VC, on the other hand, can play an extractive role, particularly in markets with scarce equity finance options.
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SSTI’s recent TBED Community of Practice webinar took up a practical question raised by the White House Office of Science and Technology Policy report, Science: A New Golden Age: if federal science policy shifts, what changes will universities, commercialization, and regional innovation organizations need to make? The presentation outlined a research system that could look considerably different from the one that has developed since Vannevar Bush’s Science, the Endless Frontier.
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