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People

Friday, January 9, 2004

Deborah Fleischaker has been appointed deputy secretary for the New Mexico Department of Economic Development.

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People

Friday, January 9, 2004

The Greater Baltimore Alliance, now renamed as the Economic Alliance of Greater Baltimore, has appointed David Gillece as chief executive officer and Christian Johansson as managing director.

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People

Friday, January 9, 2004

Maryland's Department of Business and Economic Development has reorganized into three geographically defined divisions. Robert Hannon has been named to run the regional program.

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People

Friday, January 9, 2004

During its annual meeting in December, members of the National League of Cities have elected Charlie Lyons, a selectman for Arlington, MA, to serve a one-year term as president.

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People

Friday, January 9, 2004

The Acting Director for the Idaho Department of Commerce is Roger Madsen. Madsen also is serving as director of the state Department of Labor.

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People

Friday, January 9, 2004

Joe May, president of Colorado's community college system, announced his retirement, effective in February.

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People

Friday, January 9, 2004

The Greater Antelope Valley Economic Alliance has appointed Tony Moon as its new president.

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People

Friday, January 9, 2004

Robert Olsen, the director of the Fitzsimons Redevelopment Authority, will become the head of the Economic Development Administration's regional office in Denver.

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People

Friday, January 9, 2004

Robert Pozen, secretary of economic development for Massachusetts Governor Mitt Romney, announced his resignation, effective at the end of 2003.

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People

Friday, January 9, 2004

The Michigan Economic Development Corporation has named Sandy Ring to the new position of vice president for economic development policy.

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People

Friday, January 9, 2004

Kelvin Simmons is the new director of the Missouri Department of Economic Development, replacing Joe Driskell who held the position for 10 years. Simmons had been serving as chairman of the state's Public Service Commission.

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People

Friday, January 9, 2004

Leroy Williams has been named as the new technology secretary for the state of Colorado. Williams, previously the state's chief information officer, will manage the Governor's Office of Innovation and Technology.

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Recent Research: Booz Allen Hamilton Examines Global R&D Networks

Monday, May 22, 2006

Much of the U.S. policy debate regarding the impact of globalization has focused on workforce preparedness and the need for American industry to sustain innovation. Bills before Congress urge increased spending on R&D, especially in the physical sciences and engineering. Much of the data that has helped fuel the competitiveness discussion has focused on indices and statistical reports presenting the U.S. in comparison to other nations. 



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South Carolina Program Strives to Make Start-ups Successful

Monday, May 22, 2006

Marketing tech-based economic development (TBED) programs can be challenging, particularly with the diverse nature of its target audiences of entrepreneurs, existing companies, financial sources, university researchers and, oftentimes, legislators. Sometimes, even the name of the program can cause misconceptions, particularly when a new initiative is outside the traditional services or roles offered by the TBED organization. A recent example of this comes from South Carolina.



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Iowa Students Head to West Lake Okoboji for Summer Entrepreneurship Studies

Monday, May 22, 2006

Summer classes, camps and special programs to stimulate and sustain K-12 students' interests in science and math will be found all across the country during the next few months. A less frequently occurring phenomenon will be taking place in the Great Lakes Region of Iowa, helping a select group of college students to combine entrepreneurship, rural economic development, and recreation.



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Recent Research: The Geographic Evolution of the U.S. Auto Industry

Monday, May 22, 2006

The U.S. automotive industry is one of the nation's oldest modern manufacturing sectors, and, similar to many other older populations, is increasingly making its home in the South. Despite this fact, the sector remains heavily centered in the Midwest, according to a new article from the Federal Reserve Bank of Chicago. The Geographic Evolution of the U.S. Auto Industry reveals 47 percent of the nation's motor vehicle employment still resides in three states: Michigan, Indiana and Ohio.



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Useful Stats: Science & Engineering State Profiles, 2003-2004

Monday, May 22, 2006

The National Science Foundation (NSF) has published its online statistical resource center for state-level statistics on various science and engineering (S&E) indicators. Drawing data from the most recent updates to seven annual NSF surveys and U.S. Census statistics, the profiles includes downloadable Excel or PDF versions of state statistics for:

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$25M in Kauffman Grants to Spur Entrepreneurship on Eight Campuses

Friday, December 19, 2003

The Ewing Marion Kauffman Foundation awarded on Monday $25 million in grants to eight U.S. universities that pledged to make entrepreneurship education available across campus. The selected universities, shown with their award amounts, are:

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AT&T, SURA Partnership Will Advance Grid Networking Infrastructure

Friday, December 19, 2003

A collaborative agreement formed Tuesday between AT&T and the Southeastern Universities Research Association (SURA) is expected to speed the creation of regional and national grid services. SURA, a nonprofit organization, is comprised of more than 60 leading research institutions in the southern U.S. and the District of Columbia.

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USDA Awards $28.5M in Rural Development Grants

Friday, December 19, 2003

New grants totaling more than $28.5 million will help foster the development of new products and markets for agriculturally based products, the U.S. Department of Agriculture (USDA) announced last week. In all, 184 value-added agricultural product market development grants were distributed across 40 states.

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West Virginia's Energy Village is Friendly to Small Start-up Companies

Friday, December 19, 2003

A new energy initiative in West Virginia, Energy Village, aims to help grow the state's small and start-up energy and environmental technology businesses. Gov. Bob Wise announced $125,000 in funding for the initiative on Monday.

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Biotech in the Future for Baton Rouge?

Friday, December 19, 2003

To promote biotech in Baton Rouge, a new study sponsored by Capital Region Competitive Strategy (CapStrategy) recommends constructing an "idea pipeline" to better commercialize the intellectual property and research generated in the region's universities, hospitals and research institutes. CapStrategy, a nonprofit, cluster-based economic development initiative, operates under the Chamber of Greater Baton Rouge and represents nine parishes in the region.

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Report Sheds Light on Role of Tech Transfer, Commercialization in ED

Friday, December 19, 2003

A new report prepared for the U.S. Economic Development Administration aims to provide public officials, development practitioners and researchers with a greater understanding of the relationship between the creation and commercialization of technologies and regional economic development. Technology Transfer and Commercialization: Their Role in Economic Development begins by outlining the causes and effects of the restructuring of the U.S. economy that necessitates technology-focused development strategies.

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Digest Takes a Break

Friday, December 19, 2003

The SSTI Weekly Digest will resume publication on January 9. We hope all our readers have a safe, prosperous, and happy 2004.

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Innovation Index Reveals Steady Growth in Washington

Monday, May 15, 2006

Although technology sector employment is down slightly from previous years, Washington firms received twice the aggregate amount of venture capital (VC) funding compared to last year, and the state remains above the national average in educational attainment, according to the sixth annual Washington State Index of Innovation and Technology.



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Recent news from the SSTI Digest

Universities as architects of regional innovation ecosystems

Wednesday, July 8, 2026
Ask most university leaders how their institution contributes to the regional economy and the answer is likely to include research expenditures, patents, startups, and jobs. Those measures remain important, but they overlook one of the university's most valuable contributions. In today’s economy, where innovation, talent, and technology shape how regions grow, universities are helping communities adapt, connect, and compete.
regionalism
innovation

TBED programs succeed by engaging with local communities

Wednesday, July 8, 2026
When a new TBED project comes to town, the TBED practitioners inside know the long-term benefits of technology-based economic development: they can see and understand their progress in building a strong economic foundation for their host region. But for community-based and workforce development organizations and K-12 education systems in the surrounding area, the TBED project might appear to be an opaque operation that operates independently of its neighbors.
tbed

What to expect when you’re expecting (investment returns)

Wednesday, July 8, 2026
Following SSTI’s recent look at the timing and type of exits, we continue our look at investment activity to characterize returns on investments so that TBED investors can more accurately project and adjust program parameters to support long-term sustainability. Accurate data on venture capital investment returns and fund performance on private investment vehicles is not readily or consistently available. Anecdotal stories  and the occasional press release on a major transaction exist, but VC exits are often done quietly. As such, parties interested in understanding performance outcomes must rely on focused reports and other aggregate data. 
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