From federal, state and local governments to nonprofit organizations and private industry, nearly every sector has a stake in recruiting youth to the high-tech manufacturing jobs of the future in order to maintain a competitive advantage.
Every year, the National Science Foundation releases its Academic R&D Expenditures report, filled with statistics concerning the characteristics of research and development at U.S. colleges and universities. Using these reports, SSTI has prepared two tables detailing the funds provided by industry from 2001 to 2005 for institutions of higher education in each state and the District of Columbia.
A bill designed to keep new Maine graduates living and working in the state after college became law last week with Gov. John Baldacci’s signature. The Opportunity Maine bill, LD 1856, creates a tax credit to assist graduates with their student loan payments and enables employers of graduates to pay off the student loans.
Gov. Mike Rounds recently announced that South Dakota will join a national partnership, led by many of the country's leading information and communication technology (ICT) companies, to improve science and technology education and the skill set of the state's high-tech workforce. The Partnership for 21st Century Skills, an ICT advocacy organization, will advise the state on designing curriculum that meets the needs of software, electronics, networking, telecommunications and Internet-based companies.
A new initiative to target and promote Indiana's manufacturing and logistics sector will do so in a similar manner to the 2002 BioCrossroads initiative that aided in transforming the region’s life sciences industry, the Central Indiana Corporate Partnership (CICP) recently announced.
For an industry that takes in more than $10 billion per year, video games receive relatively little dedicated support for economic development initiatives. When video game creators do attract the attention of federal and state politicians, it is often because of allegations of violent content and for encouraging sedentary lifestyles amongst consumers. A handful of states, however, have launched programs and credits that actively encourage the growth of the industry.
The Advanced Technology Development Center (ATDC) within the Georgia Institute of Technology announced its affiliated companies have received more than $1 billion in venture capital funding since 1999. Amassed from 160 separate deals, the amount represents 15 percent of the total venture capital in Georgia, about one out of its every five deals in the state.
In keeping with the July 1 fiscal year deadlines, several states passed their budgets last month. The following states passed budgets that include funding for alternative energy, R&D tax credits, and science, technology, engineering and math (STEM) initiatives.
Connecticut
Vermont, Connecticut and California lead the nation in the race to adopt energy efficiency policies, programs and technologies, according to the 2006 State Energy Efficiency Scorecard.
With the deadline less than two weeks away, we hope you are putting the finishing touches on your Excellence in TBED Award application.
Phil Bond, Under Secretary for Technology in the U.S. Department of Commerce, announced his resignation, effective May 13. A strong supporter of NIST and tech-based economic development, Bond will be missed as he becomes Senior Vice President for Government Affairs at Monster Worldwide.
Phil Bond, Under Secretary for Technology in the U.S. Department of Commerce, announced his resignation, effective May 13. A strong supporter of NIST and tech-based economic development, Bond will be missed as he becomes Senior Vice President for Government Affairs at Monster Worldwide.
Diane Duff, former director of economic development and commerce for the National Governors Association, is the new executive director of the Southern Governors' Association.
Gov. Bill Richardson appointed William Enloe, CEO of Los Alamos National Bank, to serve as chairman of the New Mexico Economic Development Partnership.
Randa Hayes is the new director of the business development and trade division of the Missouri Department of Economic Development.
The new Vice President for Business Ventures at the Mississippi Technology Alliance is Jim Lowery.
TechNet named Lezlee Westine, White House Director of Public Liaison, to serve as its new director.
The U.S. Department of Energy (DOE) announced this week it will invest up to $375 million over five years in three new Bioenergy Research Centers to be located in Oak Ridge, Tenn., and Madison, Wisc., and near Berkeley, Calif. The winning sites were selected through a competitive, peer-review process that began last year and included more than a dozen applicants from across the country.
The U.S. Department of Labor (DOL) recently named 13 more regions to receive grants through the third round of the Workforce Innovation in Regional Economic Development (WIRED) program. As with the previous round of awards (see the Jan. 22, 2007 issue of the Digest), the recipients will each receive $5 million over the course of three years to integrate workforce training initiatives into a regional technology-based economic development strategy.
With less than two weeks to go before the new fiscal year, Arizona and New Jersey lawmakers approved funding for cutting-edge research at the close of their 2007 legislative sessions last week. Following is a synopsis of the TBED initiatives slated to receive funding under the respective budget agreements.
Arizona
Last week, Texas Gov. Rick Perry signed off on the state’s budget, but not before making substantial use of his line-item veto. Overall, the approved $151 billion FY 2008-2009 budget increases general revenue spending by $7.7 billion (11.8 percent) over the current biennium. Much of that new spending will support education in the state; however, a number of programs, particularly those connected to higher education, failed to receive the governor’s approval.
The national economy is a dynamic system, and the techniques to measure the system must be updated in order to understand its complexity, according to a recent report published by the National Academy of Sciences (NAS). In Understanding Business Dynamics: An Integrated Data System for America’s Future, NAS outlines steps that could be taken to properly capture pertinent information about firms, especially the young and small ones that are driving the emerging sectors of the economy.
Every year, the National Science Foundation releases Graduate Students and Postdoctorates in S&E, a report filled with detailed statistics about the characteristics of science and engineering graduates enrolled at U.S. institutions. Using the annual report, SSTI has prepared a table showing the total number of graduate students for each year from 2001 to 2005 in each state, the District of Columbia, and Puerto Rico.
The field of tech-based economic development has changed dramatically since the creation of SSTI in 1996 and continues to change almost daily. With these changes in mind, SSTI is releasing a new mission statement that better defines the organization's current direction.
SSTI's new mission is to lead, support, and strengthen efforts to improve state and regional economies through science, technology, and innovation.
Over the past few months, Congress has been at work on a package of measures to address the competitiveness of the U.S. economy. Two similar, yet distinct, competitiveness bills are currently being reconciled in conference between the House and the Senate. President Bush has voiced several objections to both the Senate and House bills and may even be prepared to veto the legislation if a compromise cannot be reached.