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Washington Gov Prioritizes Five Sectors in $120M Economic Growth Plan

Wednesday, February 20, 2013

Gov. Jay Inslee's vision for creating a more prosperous state economy through investments in key industry sectors came full circle with the announcement of his Working Washington Agenda, which prioritizes a similar set of proposals touted last year during his run for governor. The plan includes legislation, government reforms and new state investments totaling nearly $120 million focused around five areas.

  • Read more about Washington Gov Prioritizes Five Sectors in $120M Economic Growth Plan

USPTO Publishes First-to-File Rules

Wednesday, February 20, 2013

The Patent and Trademark Office of the U.S. Department of Commerce published final rules of practice for implementing the first-inventor-to-file provision of the Leahy-Smith America Invents Act (AIA) that will take effect on March 16. The AIA is a major step towards harmonizing the patent systems of the U.S. and its major trading partners. The legislation will aid the U.S.

  • Read more about USPTO Publishes First-to-File Rules

Report Examines North Carolina's Biotechnology Industry

Wednesday, February 20, 2013

Commissioned by the North Carolina Biotechnology Center, a study found North Carolina's biotech industry employees almost 58,000 residents at an average annual wage of $78,000. From 2001 to 2010, employment in the state's biotech industry grew by 23.5 percent (approximately 12,000 new jobs) — 3.5 times faster than the national biotech workforce. In comparison, North Carolina's private-sector workforce declined by 2.8 percent in the same period.

  • Read more about Report Examines North Carolina's Biotechnology Industry

University of Maryland Announces New Initiative for Innovation and Entrepreneurship

Wednesday, February 20, 2013

The University of Maryland announced the Academy for Innovation and Entrepreneurship, an initiative to infuse a culture of innovation and entrepreneurship across its campus through a series of classes, workshops and outside-the-classroom experiences. By providing the necessary encouragement and resources, the university administration hopes to empower students and faculty to translate their passions and creative ideas into real-world solutions to economic, societal, technological and cultural problems. Launching in fall 2013, the academy will be led by Dr.

  • Read more about University of Maryland Announces New Initiative for Innovation and Entrepreneurship

Details Emerge in $1.5B Plan to Create Connecticut's Next Generation Workforce

Wednesday, February 13, 2013

Revolutionizing STEM facilities, hiring new faculty, increasing undergraduate enrollment and even planning new dorms to house the anticipated influx of new students are part of Gov. Dan Malloy's proposed $1.5 billion expansion and investment in the University of Connecticut (UConn).

  • Read more about Details Emerge in $1.5B Plan to Create Connecticut's Next Generation Workforce

MI Program to Provide Experience in Advanced Manufacturing for High School Seniors

Wednesday, February 13, 2013

In partnership with local manufacturing firms, the Michigan Economic Development Corporation (MEDC) announced that it is accepting applications for the Michigan Advanced Technician Training (MAT2) program — a pilot program for high school seniors that will combine paid work experience with an associate's degree in the field of mechatronics.

  • Read more about MI Program to Provide Experience in Advanced Manufacturing for High School Seniors

ITIF Report Calls for Honest Assessment of American Broadband

Wednesday, February 13, 2013

A new ITIF report authored by Richard Bennett, Robert Atkinson, and Luke Stewart argues that the current negative perception of America's broadband network is inaccurate and that our national position is strong relative to other developed countries. In, “The Whole Picture: Where America's Broadband Networks Really Stand,” the authors argue that negative critics of U.S.

  • Read more about ITIF Report Calls for Honest Assessment of American Broadband

Canada Rolls Out Start-Up Visa Program

Wednesday, February 13, 2013

Following up on an announcement made in September, the Citizen and Immigration Ministry of Canada will launch a new visa program on April 1 to recruit innovators and entrepreneurs to the country. The Start-Up Visa Program will connect immigrant entrepreneurs with organizations who will be able to provide services and expertise to these entrepreneurs to help create startup businesses.

  • Read more about Canada Rolls Out Start-Up Visa Program

SSTI Awards Program Kicks off in April

Wednesday, February 13, 2013

Capture national attention. Tell us your story, win an award, attend SSTI's Annual Conference for free, and share on a national platform all of your enviable accomplishments. Those are the simple steps that make up SSTI's 2013 Excellence in TBED awards program. Now in its seventh year, the awards are dedicated to recognizing and showcasing innovative approaches and impressive outcomes from tech-based groups working to improve their state or region's competitiveness. We'll begin accepting applications on April 16 with applications due June 11.

  • Read more about SSTI Awards Program Kicks off in April

OMB Proposes Better Process for Applying for, Awarding Federal Grants

Wednesday, February 13, 2013

The Office of Budget and Management published a set of proposed reforms to streamline the federal grant process by consolidating the multiple federal regulations with duplicative requirements into a single, comprehensive uniform policy guide. The office hopes to augment efficiency and effectiveness, strengthen oversight and reduce fraud and waste, which is a growing concern.

  • Read more about OMB Proposes Better Process for Applying for, Awarding Federal Grants

TBED People and Orgs

Wednesday, February 13, 2013

Karen Mills, head of the Small Business Administration since 2009, has announced her departure. She will stay on until her successor is confirmed.

New Hampshire Gov. Maggie Hassan has nominated Jeffrey Rose to be the state's commissioner of Resources and Economic Development.

  • Read more about TBED People and Orgs

Share of U.S. Venture Capital Dollars, Deals by State, 2007-2012

Wednesday, February 6, 2013

After dipping just under 50 percent in 2011, California reclaimed its spot as the site of a majority of U.S. venture capital investment last year, according to the National Venture Capital Association/PricewaterhouseCoopers Moneytree Survey. About 53 percent of all U.S. venture capital dollars were invested in California companies in 2012, the largest share captured by the state since the annual survey began in 1995.

  • Read more about Share of U.S. Venture Capital Dollars, Deals by State, 2007-2012

Tech Talkin' Govs: Part IV

Wednesday, January 30, 2013

The fourth installment of SSTI's Tech Talkin' Govs series includes excerpts from speeches delivered in Maryland, Missouri, Montana, Tennessee and Texas. Our first three installments were in the Jan. 9, Jan. 16 and Jan. 23 issues of the Digest.

  • Read more about Tech Talkin' Govs: Part IV

Advanced Manufacturing Seen as Key to Capturing New Opportunities for States

Wednesday, January 30, 2013

Following a year-long policy academy intended to help states prepare new strategies for economic growth by fostering collaboration and shared experiences, eight states have agreed to bring a renewed focus to advanced manufacturing. State leaders concur that the manufacturing sector is too important to lose and is rapidly evolving. With change, however, comes a unique opportunity to capture new leadership roles and address global issues that threaten public health and safety.

  • Read more about Advanced Manufacturing Seen as Key to Capturing New Opportunities for States

NSF Made Changes to New Grant-Submission Rules

Wednesday, January 30, 2013

On January 14, 2013, the National Science Foundation (NSF) instituted several key changes in the NSF's Proposal and Award Policies and Procedures Guide. The new rule changes will affect several areas of the proposal process, especially for those applying online via FastLane, including a revised project summary process and review criteria.

  • Read more about NSF Made Changes to New Grant-Submission Rules

North Carolina Moving to Tie Higher Ed Closer to the Job Market

Wednesday, January 30, 2013

North Carolina Gov. Pat McCrory is pushing for state funding of higher education to be based on the success that community colleges and universities have at placing their students in the job market. “I don't want to subsidize (a course) if that's not going to get someone a job ... it's the tech jobs we need right now,” stated McCrory on the nationally syndicated “Morning In America” radio broadcast.

  • Read more about North Carolina Moving to Tie Higher Ed Closer to the Job Market

Federal Government Looks to the Crowd for Next Generation Technologies

Wednesday, January 30, 2013

Are we on the threshold of a new federal acquisitions process? Instead of the traditional Request for Proposal (RFP) process, federal agencies have been turning slowly to crowdsourcing as a model to address some of the most pressing problems for both federal agencies and the nation. Through crowdsourcing, a collaborative method of design, government entities like the Department of Defense's Defense Advanced Research Projects Agency (DARPA) and NASA hope to create a more innovative, streamlined design-to-production process at a fraction of the cost.

  • Read more about Federal Government Looks to the Crowd for Next Generation Technologies

The Gigabit Community: Broadband and the Future of the U.S. Innovation Economy

Wednesday, January 30, 2013

FCC Chairman Julius Genachowski called for all 50 states to be outfitted with at least one gigabit-speed community by 2015 in an op ed piece run by Forbes earlier this month. Approximately 42 communities in 14 different states already fit the bill and more are joining the effort in what Genachowski termed the “Gigabit City Challenge.”

  • Read more about The Gigabit Community: Broadband and the Future of the U.S. Innovation Economy

NIST Designates New MEP Centers in SD, KY

Wednesday, January 30, 2013

The National Institute of Standards and Technology (NIST) has awarded cooperative agreements to organizations in South Dakota and Kentucky to fill absences of the Hollings Manufacturing Extension Partnership (MEP) program. After 10 years, South Dakota will again have an MEP center — the South Dakota Manufacturing and Technology Solutions, housed at the University of South Dakota in Vermillion.

  • Read more about NIST Designates New MEP Centers in SD, KY

TBED People and Orgs

Wednesday, January 30, 2013

Leslie Guice officially was approved by the University of Louisiana System Board of Supervisors to become the 14th president of Louisiana Tech University. Guice will take office July 1, 2013.

Camille Saltman has joined MD Revolution as president. Saltman was previously president of CONNECT and continues to be a member of CONNECT's board of directors.

  • Read more about TBED People and Orgs

More Funding for Higher Ed Sought in FL, OH, PA and TX Tied to Performance

Wednesday, January 30, 2013

Upbeat revenue forecasts and shared economic principles have Republican governors in four states requesting more funds for higher education tied to performance metrics or workforce outcomes. Recent budget proposals introduced in Florida, Ohio, Pennsylvania and Texas focus on competing for talent and jobs through efforts to encourage STEM learning and teaching and incentivizing outcomes such as graduating more students in high-demand fields, conducting research and more. College affordability is addressed through measures that would freeze tuition or cap increases.

  • Read more about More Funding for Higher Ed Sought in FL, OH, PA and TX Tied to Performance

Tech Talkin' Govs: Part V

Wednesday, January 30, 2013

The fifth installment of SSTI's Tech Talkin' Govs series includes excerpts from speeches delivered in Connecticut, Illinois, Oklahoma, and Utah. Our first four installments were in the Jan. 9, Jan. 16, Jan. 23 and Jan. 30 issues of the Digest.

  • Read more about Tech Talkin' Govs: Part V

Treasury Releases Interim Rule for CDFI Bond Guarantee Program

Wednesday, January 30, 2013

Last week, the U.S. Treasury released interim rules for the new Community Development Financial Institutions (CDFIs) Bond Guarantee Program. Through the program, eligible CDFIs will issue bonds that are guaranteed by the federal government and use the bond proceeds to extend credit to the broader CDFI industry for community development. Unlike other CDFI Fund programs, the bond proceeds are debt instruments that must be repaid. The Treasury Department will guarantee up to 10 bonds per year, each at a minimum of $100 million, up to a total of $1 billion per year.

  • Read more about Treasury Releases Interim Rule for CDFI Bond Guarantee Program

To Spur Regional Economic Growth, Community Colleges Look Beyond National Graduation Goals

Wednesday, January 30, 2013

In July 2009, President Obama challenged community colleges to graduate an additional five million students by 2020. According to the president's speech, community colleges uniquely are positioned to fuel the future of U.S. competiveness by developing an educated, skilled workforce to address the needs of a 21st century workplace.

  • Read more about To Spur Regional Economic Growth, Community Colleges Look Beyond National Graduation Goals

Former Secretary Clinton Announces $86.5M in Public-Private Initiatives

Wednesday, January 30, 2013

On her last day, Secretary of State Hillary Rodham Clinton announced several State Department initiatives that aim to have a global impact. A number of those that will be funded focus on technology-based development. The program wPower seeks to advance women's clean energy entrepreneurship around the world by supporting 7,000 women to launch small businesses around energytechnologies that might increase energy access in their area.

  • Read more about Former Secretary Clinton Announces $86.5M in Public-Private Initiatives

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Recent news from the SSTI Digest

Recent Research: National industrial policy to reshore US manufacturing can yield positive local effects

Thursday, March 12, 2026
Three academic researchers estimate that the localized job creation impacts resulting from the CHIPS and Science Act already have had a net gain of 12% in the affected counties. The direct jobs in the semiconductor sector alone are 15,000-16,000 short-term positions. With the high-paying nature of jobs in the field, researchers Bilge Erten, Joseph E. Stiglitz, and Eric Verhoogen estimate that, as a spillover effect, 15,000 to 30,000 additional indirect jobs have been created in related sectors.
manufacturing
CHIPS and Science Act

Useful Stats: Sectoral contributions to county GDP

Wednesday, March 11, 2026
Policymakers should be interested in which sectors are present in their region to ensure TBED investments and workforce priorities can have the greatest impact. Exploring gross domestic product (GDP) at the county level offers a detailed look at the economic output of sectors and how they shape local economies. At the county level, data for smaller or more rural counties may reveal nuances invisible when looking broadly at entire MSAs or states, particularly for those areas with lower populations.
useful stats
gdp
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National VC trends and which states are bucking them

Wednesday, March 11, 2026
National VC investment over the past five years has seen significant swings, first driven by pandemic impacts and rebounds, then by the rocket ride of AI. According to PitchBook data, national VC activity below $100 million declined from nearly 10,500 deals in 2020 to just under 8,200 in 2025, a 22% drop. Over the same period, the total capital invested increased by just over $5 billion (6%). The trend of more funding into fewer deals is highlighted by the median deal size more than doubling to over $4 million (Fig 1). These macro trends are important as they set the stage for what is happening at the state level. 
venture capital
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