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U.S. Cities in Bad Shape Now, But 80% Say Next Year Likely to be Even Worse

Wednesday, November 11, 2009

Mayors from across the nation anticipate their cities will be in worse financial shape next year as sales tax revenue, revenue from service fees, and property tax revenues all are expected to decline. Findings from the U.S. Conference of Mayors survey indicate that while two out of three mayors expect budget shortfalls this year, four out of five are projecting shortfalls in their next fiscal year and those shortfalls are expected to be the same or larger than this year’s experiences.

Signed Legislation Begins to Define Federal R&D and TBED Appropriations for FY10

Wednesday, November 11, 2009

Exactly six weeks into the federal government's fiscal year which commenced on Oct 1, five of the 12 appropriations bills for FY10 have been signed into law by President Obama. The remaining seven bills are at various places in the appropriations process, none of which have emerged from conference committee for a final vote by each chamber.

Angel Investors Supported Smaller Deals in the First Half of 2009

Wednesday, November 4, 2009

Angel investors are reducing the average size of their investments, according to the latest report from the University of New Hampshire Center for Venture Research. In the first half of this year, total angel investment dollars fell by 27 percent from the same period in 2008, but the number of angel deals increased by six percent. As a result, the average deal size has fallen by 31 percent since early 2008.

People & TBED Organizations

Wednesday, February 27, 2008

A number of regional economic development organizations in Tennessee have formed a partnership called Innovation Valley Inc. Partners in Innovation Valley Inc. include the Blount County Chamber of Commerce, Knoxville Area Chamber Partnership, Loudon County Economic Development Agency, Oak Ridge Economic Partnership, The Roane Alliance and Tellico Reservoir Development Agency.

Pittsburgh’s Green Economy Could Create 12,000 Jobs over Next Six Years

Wednesday, October 14, 2009

Southwestern Pennsylvania is on course to add 11,640 green jobs to its economy by 2015, according to a new report commissioned by two local organizations, the Green Building Alliance and Growing Technology through Energy and Community Health (GTECH) . The region’s green services sector is on the verge of a major boom and will be the driving force in the growth of the green economy, according to the report.

Useful Stats: Federal S&E Obligations to Academia, FY 2003–2007

Wednesday, October 14, 2009

Federal R&D obligations to U.S. universities and colleges between FY 2003 and 2007 did not keep pace with inflation, according to the latest federal data from the National Science Foundation. Obligations were $25.3 billion in FY 2007, an increase of 11.1 percent from FY 2003 totals. The aggregate annual inflation rate for the country was nearly 12.7 percent, according to the Bureau of Labor Statistics.

Great Value for Insightful Pre-Conference Sessions

Wednesday, October 7, 2009

SSTI’s pre-conference workshops have received high praise from past participants because of their personalized nature, their dedication to sharing knowledge, and their opportunities to forge worthwhile relationships with other participants. The two pre-conference sessions scheduled on Wednesday, October 21 are no different and will provide plenty of value for those in attendance.