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Governor Proposes $20.5M in Lottery Funds for Continuing Oregon Innovation Efforts

Wednesday, December 3, 2008

Gov. Ted Kulongoski unveiled his fiscal year 2009-11 recommended budget this week, highlighting the need for targeted investments in nanoscience, manufacturing, and renewable energy research based on recommendations developed by the Oregon Innovation Council.

  • Read more about Governor Proposes $20.5M in Lottery Funds for Continuing Oregon Innovation Efforts

SSTI's TBED Hall of Success goes LIVE!

Wednesday, December 3, 2008

Due to overwhelming interest, SSTI's first poster session, held at SSTI's 12th Annual Conference in Cleveland mid October, is now available online 24 hours a day - 7 days a week. You can view more than 35 posters celebrating why states, regions, universities and related organizations engage in technology-based economic development (TBED).

  • Read more about SSTI's TBED Hall of Success goes LIVE!

Maryland Plan Calls for $72M Investment in STEM Workforce, R&D Infrastructure

Wednesday, August 26, 2009

To establish Maryland as a global leader in science, technology, engineering and mathematics (STEM) workforce and STEM-based R&D infrastructure, a task force convened last year by Gov. Martin O'Malley urges the state to adopt a set of initiatives to reach higher performance standards in teaching and learning in addition to greater productivity in transforming the state's high volume of R&D activity into economic growth and job creation.

  • Read more about Maryland Plan Calls for $72M Investment in STEM Workforce, R&D Infrastructure

Colorado Jobs Plan Engages Employers to Improve Workforce Quality

Wednesday, September 2, 2009

Outlining his Colorado Promise three years ago as a newly-elected governor, Gov. Bill Ritter envisioned an economy that supports high-wage jobs and offers an environment for businesses to expand and thrive. Educational programs would be synched with industry needs to produce a skilled workforce, workers would be trained in the high-demand fields relevant to each of the state's diverse regions, and enough businesses would be operating to employ them.

  • Read more about Colorado Jobs Plan Engages Employers to Improve Workforce Quality

New Crop of Governors Plan Changes for TBED

Wednesday, November 3, 2010

This week 37 states held gubernatorial elections. In many states, technology-based economic development took on a central role in the campaign as candidates put forth their ideas on how to create jobs in a difficult economy. SSTI has collected some highlights from proposals put forth by new governors-elect that address topics related to TBED.California

  • Read more about New Crop of Governors Plan Changes for TBED

Main Street Calls for Technology-based Economic Development, Report Indicates

Wednesday, November 10, 2010

Southerners voiced that focusing on innovation and technology-based business operations, supporting entrepreneurship, identifying community asset, developing skilled workforce and increasing community involvement in economic development strategies are vital for the South to recover from the current economic downtown according to a recent report — The Road to Recovery is Named Main Street — from the Southern Growth Policies Board. The report was assembled using comments of over 2,300 citizens from communities across the south.

  • Read more about Main Street Calls for Technology-based Economic Development, Report Indicates

States Predicting Only Slight Improvement in 2011 Fiscal Conditions

Wednesday, December 8, 2010

Although fiscal year 2011 will present a slight improvement in state fiscal conditions, spending and revenue is unlikely to return to pre-recession levels for several years, according to the Fall 2010 Fiscal Survey of States. The loss of federal stimulus funds in 2012 will compound the problem and is anticipated to create significant gaps between current spending levels and total available funds in many states.

  • Read more about States Predicting Only Slight Improvement in 2011 Fiscal Conditions

TBED People

Wednesday, December 8, 2010

TBED People
Walter Bumphus has been named the next president and CEO of the American Association of Community Colleges. Bumphus currently serves as a professor in the Community College Leadership Program and chair of the Educational Administration Department at the University of Texas at Austin. Bumphus will begin his tenure with AACC in January.

  • Read more about TBED People

Budgets Unveiled in Southern and Western States Maintain, Invest in TBED

Wednesday, December 1, 2010

Governors in Arkansas, Mississippi and Wyoming recently unveiled spending plans for the upcoming year or biennium. Funding for many tech-based investments would be maintained or increased under the governors' proposals. New proposals range from additional funds for energy research at the University of Wyoming to new funding mechanisms for colleges and universities in Mississippi. Funding for S&T efforts in Arkansas would remain level.

Arkansas

  • Read more about Budgets Unveiled in Southern and Western States Maintain, Invest in TBED

TBED People

Wednesday, December 1, 2010

TBED People
Anne Barth has been named the executive director of TechConnect West Virginia.

Joann Rockwell MacMaster has been appointed site director for the Arizona Center for Innovation at the UA Tech Park.

Catherine Renault resigned from her position as director of the Maine Office of Innovation effective December 3.

  • Read more about TBED People

NIH Proposes New Therapeutic Development Center

Wednesday, December 15, 2010

The National Institutes of Health (NIH) is seeking input from the public and NIH staff on the proposed creation of a new center that would support translational science and consolidate several existing translational research programs. The National Center for Advancing Translations Sciences (NCATS) would support the development of therapeutics and clinical care from basic research discoveries.

  • Read more about NIH Proposes New Therapeutic Development Center

TX Governor's Budget Adds $15M for Tech Fund, Retains Enterprise Fund

Wednesday, February 9, 2011

Citing the need to ensure a competitive edge in the weak economic climate, Texas Gov. Rick Perry is asking lawmakers to continue investing in the state's economic development tools by providing an additional $15 million for the Texas Emerging Technology Fund (ETF) and retaining funding for the Texas Enterprise Fund in the coming biennium. The governor also is proposing $50 million for science, technology, engineering and mathematics (STEM) scholarships and $32 million to increase STEM academies.

  • Read more about TX Governor's Budget Adds $15M for Tech Fund, Retains Enterprise Fund

TBED People and Job Opportunities: People and Organizations

Tuesday, February 22, 2011

Alabama then-Governor-elect Robert Bentley on January 3 named former House Speaker Seth Hammett as director of the Alabama Development Office, replacing Interim Director Linda Swann. He also appointed the president of the Birmingham-based Economic Development Partnership of Alabama, Bill Taylor, to lead efforts to grow and retain existing Alabama industries, while at the same time recruiting new businesses to the state.

  • Read more about TBED People and Job Opportunities: People and Organizations

Oregon Budget Would Boost Funds for Innovation Efforts by 19%

Wednesday, February 23, 2011

Gov. John Kitzhaber recently unveiled a two-year spending plan that includes an additional $3 million for the Oregon Innovation Council's (Oregon InC) efforts to facilitate research and technology transfer. The governor's budget also recommends enhancements to the Strategic Reserve Fund used to expand and retain businesses and attract new companies and additional funding for the Industry Competitiveness Fund, a resource for industry clusters, statewide and regional economic development groups, and international trade-oriented businesses.

  • Read more about Oregon Budget Would Boost Funds for Innovation Efforts by 19%

New SBA Leader on Entrepreneurial Equality and Making Small Business ‘A Big Deal’

Wednesday, June 11, 2014

Tasked with taking the Small Business Administration (SBA) to the next level, Maria Contreras Sweet, the new head of the agency, envisions a modern SBA with a greater focus on inclusion. Contreras Sweet outlined steps to achieve her vision earlier this week in a speech at the Center for American Progress.

  • Read more about New SBA Leader on Entrepreneurial Equality and Making Small Business ‘A Big Deal’

MA Continues to Lead U.S. in Progress Toward ‘New Economy,’ According to ITIF

Wednesday, June 11, 2014

Massachusetts continues to reign as the U.S. state best prepared to meet the challenges of the current and future global economy, according to the sixth edition of the Information Technology and Innovation Foundation’s (ITIF) State New Economy Index.

  • Read more about MA Continues to Lead U.S. in Progress Toward ‘New Economy,’ According to ITIF

Missouri Technology Corp to Administer New Grants, Gets $5M Boost for Core Programs

Thursday, June 12, 2014

With nearly $10 million in additional funding for the upcoming year, the public-private Missouri Technology Corporation (MTC) will receive a boost in support for core programs and new resources to administer early stage business grants. MTC invests in emerging high-tech companies with a focus on bioscience industries.

  • Read more about Missouri Technology Corp to Administer New Grants, Gets $5M Boost for Core Programs

Manufacturing Back on the Rise, According to Commerce Department

Thursday, June 12, 2014

Between December 2007 and February 2010, the manufacturing sector loss 2.3 million jobs, according to the Department of Commerce. This drastic decline accounted for about one-quarter of the negative shock experienced during those 26 months and the loss in manufacturing represented one-half the decline in U.S. GDP. In the aftermath of this decline, both public and private sector leaders began to search desperately for ways to stop the bleeding. A new Commerce report, Manufacturing Since the Great Recession, indicates that we may have found some success in halting the hemorrhage.

  • Read more about Manufacturing Back on the Rise, According to Commerce Department

EDA Launches Online Tool to Examine Regional Economic Clusters

Thursday, June 12, 2014

The U.S. Economic Development Administration and Harvard Business School have unveiled a new website that provides easy-to-navigate, granular data on U.S. economic clusters. The project aims to strengthen regional and national competitiveness by providing up-to-date, high-quality data on the economic performance of regions across the U.S. Users can browse a cluster dashboard, which maps out the strength of specific industries by region, or receive in-depth economic data on a particular region.

  • Read more about EDA Launches Online Tool to Examine Regional Economic Clusters

Brookings Examines Emerging Model of Metro Innovation Districts

Thursday, June 12, 2014

A growing number of metropolitan areas are incorporating urban density and connectedness into their innovation strategies by fostering innovation districts devoted to research commercialization, entrepreneurship and housing for highly skilled workers, according to a new report from the Brookings Institution.  The districts combine the concentrated research activities of science parks with the accessibility and economic ties of city neighborhoods.

  • Read more about Brookings Examines Emerging Model of Metro Innovation Districts

Study Examines the Impact of Policy Dynamics on University Innovation in Three Southern States

Thursday, June 12, 2014

In a recent comparative study of state S&T policy dynamics in Georgia, Missouri and Texas, authors Jarrett Warshaw and James Hearn examine the nature of state efforts intended to bring together government, universities and industry to support innovation at publically funded universities and spur economic development.

  • Read more about Study Examines the Impact of Policy Dynamics on University Innovation in Three Southern States

NSF-NIH Pilot to Offer Boot Camp for Biomedical Innovators

Wednesday, June 18, 2014

A pilot collaboration between the National Science Foundation (NSF) Innovation Corps (I-Corps™) and the National Institutes of Health (NIH) will offer a nine-week boot camp to help biomedical researchers bring their discoveries to market. Academic researchers and entrepreneurs who have received SBIR/STTR Phase One awards from participating NIH institutes may apply to the I-Corps at NIH™ for training in building scalable business models around their technologies.

  • Read more about NSF-NIH Pilot to Offer Boot Camp for Biomedical Innovators

Commerce Calls for New Members on Innovation and Entrepreneurship Council

Thursday, June 19, 2014

Department of Commerce Secretary Penny Pritzker announced this week that the department would be accepting applications for new members to serve on the National Advisory Council on Innovation and Entrepreneurship (NACIE). The council advises the secretary on issues related to innovation, entrepreneurship and job skills training.  The secretary uses the council as a vehicle to facilitate dialogue between the agency and the innovation community. Members will be drawn from a mix of geographic locations, as well as from the private, government, academic and nonprofit sectors.

  • Read more about Commerce Calls for New Members on Innovation and Entrepreneurship Council

White House Enlists Makers, Cities to Spur National Manufacturing Economy

Thursday, June 19, 2014

This week, the White House hosted its first Maker Faire where President Obama announced a number of new public-private collaborative efforts to spur U.S. manufacturing entrepreneurship. In order to capitalize on the recent spike in manufacturing entrepreneurship, the administration is enlisting more than 90 mayors and local leaders to make new spaces available for manufacturing and prototyping.

  • Read more about White House Enlists Makers, Cities to Spur National Manufacturing Economy

TBED People On The Move

Thursday, June 19, 2014

Spencer Eccles, executive director of the Utah Governor's Office of Economic Development, is departing state government to form a private investment company.

Travis Sheridan, currently the assistant vice president for innovation and entrepreneurship for the St. Louis Economic Development Partnership, will become the new executive director of the Venture Café Foundation.

  • Read more about TBED People On The Move

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Recent news from the SSTI Digest

Recent Research: How can states ensure effectiveness of R&D incentives?

Thursday, January 8, 2026

State R&D incentive programs such as tax credits are widely used to stimulate innovation, attract investment, and support long-term economic growth. But how do we know which programs truly increase R&D activity rather than simply subsidizing what companies would have done anyway?

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Useful Stats: Higher education R&D expenditures reach $117 billion in FY 2024

Thursday, January 8, 2026

Higher Education R&D expenditures jumped 8%, or nearly $9 billion, from fiscal year (FY) 2023 to 2024, reaching an all-time high of over $117 billion, reveals new Higher Education R&D (HERD) survey data. The funding sources of HERD expenditures remain proportionally unchanged from the prior year, with all sources increasing, and the federal government ($5 billion) and institution funds ($2.5 billion) accounting for the largest dollar increases.

useful stats
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TBED Works: MTI delivers on economic growth by supporting early-stage companies in targeted sectors

Thursday, January 8, 2026

The Maine Technology Institute’s core mission is to use innovation to spur the development of new products, processes, and companies that strengthen the state’s economy. Finishing its 25th year of operations, MTI solidly illustrates how a sustained, focused yet flexible and creative strategy can deliver this mission. MTI has disbursed $387 million across 4,350 distinct projects throughout Maine since its founding, and that funding has leveraged over $2.2 billion in private sector matching investment. 

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