One starts up. Another bites the dust. The Certified Capital Company (CAPCO) Program, a complicated and controversial tool used by some states to encourage venture capital investments, finds its beginnings in one region while seeing its demise in yet another.
Arizona's investment and technology communities are the anticipated winners from the state legislature's recent passage of a tax credit encouraging angel capital investments in start-up Arizona tech firms.
As expected, Massachusetts Gov. Mitt Romney rejected last week Senate Bill 2039, the bill supporting stem cell research. Exercising a power not enjoyed by all governors, Gov. Romney sent the measure back to the legislature with four amendments for consideration, rather than vetoing the measure.
Moving forward with the governor's statewide broadband initiative, the ConnectKentucky Steering Committee and Gov. Ernie Fletcher recently unveiled Phase I Maps to illustrate service gaps and to serve as an economic development resource for communities.
While many states are striving to increase broadband availability (see the Kentucky story above, for example), a Providence-based nonprofit released a study this month promoting the feasibility of making Rhode Island the first entirely networked state for broadband wireless.
The South represents 20 percent of the nation's economic activity but attracts only 9 percent of the total U.S. venture capital invested. In an effort to bring those numbers closer together, the Southern Growth Policies Board recently announced the creation of a multi-state task force dubbed VentureSouth. Virginia Gov.
Sometimes when people are surrounded by others who share backgrounds, beliefs or opinions, they assume everyone thinks that way -- or should. It is one of the negative side effects or symptoms of the phenomenon known as "group think."
Encouraging economic growth in rural America is the topic of a recent report, a new $500 million economic development investment program, and an upcoming conference worth further investigation.
A child born in the U.S. today who obtains a master's degree directly after college and high school will have been in the job market for only 1-2 years in 2030. Many people in the tech-based economic development community want that girl or boy to study math, science or engineering. A more basic question, though, is where will that child live as a young adult?
The first conference mailer went to the post office yesterday, but we're too excited to delay announcing that the website for SSTI's 9th Annual Conference is now available to accept registrations and provide preliminary information for the tech-based economic development (TBED) community's premier professional development event of the year. The conference will be held on Oct.
While Congress and the Administration are looking for ways to flatten or even reduce spending for research, entrepreneurship and innovation, leaders on the other side of the pond are committing hard currency to strengthening Europe's position in the global, tech-based economy.
With the recent passage of the state's biennial budget, North Dakota's universities and colleges can now compete for a share of $20 million in matching funds to create Centers of Excellence. The money is the first installment of the state legislature's $50 million commitment to the Centers program, which is the centerpiece of Gov. John Hoeven's initiatives to transform the state's economy toward science and technology.
A ballot initiative designed to bolster the Ohio economy and create jobs by continuing the state’s public works infrastructure program and supporting the commercialization of science and technology-based research was announced last week by Gov. Bob Taft and other legislative leaders. The initiative, to appear on the Nov.
Gov. Donald Carcieri last month announced two new initiatives targeting Rhode Island's science and technology (S&T) and manufacturing industries. On April 12, Gov. Carcieri signed an Executive Order creating the Science & Technology Advisory Council.
Efforts to capitalize Hawaii's $120 million State Private Investment Fund (SPIF) collapsed Friday as a joint conference committee of the state legislature could not reconcile differences between House and Senate versions of the measure. Passage of Senate Bill 1695 was one of Gov. Linda Lingle's top economic development priorities for this legislative session.
States such as Oklahoma must leverage scarce resources if they hope to attract top scientists, stimulate development, and achieve measurable economic impact, says the latest impact report from the Oklahoma Center for the Advancement of Science and Technology (OCAST).
As low-skill, labor intensive jobs are increasingly replaced by technology or outsourced in the emerging knowledge-based economy, a two-tiered labor market has emerged, thus presenting a challenge for workers to either work cheaper or work smarter, says a new report from the Southern Growth Policies Board. Only one of those options is appealing for those trying to improve your standard of living.
During the months of May and June, the SSTI Weekly Digest and Funding Supplement will be published every other week. SSTI staff over the next two months will be completing work on two major projects that require focused concentration. We look forward to resuming the Digest and Funding Supplement on a weekly basis in July. The next issue of the Digest will be May 16.
While the topic of embryonic stem cell research has been at the forefront of S&T policy since 2001, attention has shifted to the states in the last six months. Last fall, California voters overwhelmingly approved a $3 billion bond issue to support embryonic stem cell research over the next decade.
Recognizing the economic benefits of engaging young people in science and technology, Ontario's McGuinty government recently launched the Youth Science and Technology Outreach Program. The new program links high school students with researchers to support in-depth mentorship experience and postsecondary career advice.
The Research and Innovative Technology Administration (RITA) of the U.S. Department of Transportation (DOT) recently released Research Activities of the Department of Transportation: A Report to Congress, identifying DOT’s current and projected research, development and technology priorities.
Glenwood Springs, Colo., is the nation’s most entrepreneurial region, according to a study recently released by the U.S. Small Business Administration's Office of Advocacy and the Edward Lowe Foundation. The region's ranking is based on the Regional Entrepreneurship Index, a measure intended to standardize assessment of entrepreneurship within and across regions.
Based on the two versions of the FY 2007 budget working their ways respectively through the House and Senate, the National Science Foundation (NSF) appears to be positioned to receive its first significant increase in funding in many years. Both chambers' versions of the NSF appropriations provide increases above the FY06 appropriations in excess of 7 percent, with the full House approving an increase of 7.9 percent in June.
Last week, North Carolina Gov. Mike Easley signed the budget agreement passed by the state's General Assembly for fiscal years 2006-07. The budget contains many adjustments favoring K-12 and higher education and several allocations for technology-based growth initiatives.
It caught the attention of quite a few people when it was first proposed in early 2001, but Maine's investment in 2002 to provide every seventh and eighth grader with a new laptop - approximately 32,000 students and 4,000 teachers - continues to provide a useful example of the size and type of commitment and risk that elected leaders have to be willing to make to transform the outlook for a state or regional economy. It took strong leadership and determination from then-Gov.