Study Finds Maryland Incubators Have Big Impact
The Maryland Technology Development Corp. (TEDCO), RESI (a regional economic studies institute at Towson University), and the Maryland Business Incubation Association (MBIA) presented on Thursday the results of the Maryland Incubator Impact Study — a first-of-its-kind study for the state by measuring the economic impact of Maryland's six public- and university-related high-tech business incubators on the state's economy.
Indices Provide Insight into State Economies
Innovation indices or S&T report cards can be useful tools for assessing the health and direction of a region or state's economy. The results can be helpful for determining appropriate policies and programs to affect change and measuring progress. Evolving over the past five years, many states, localities and national organizations have prepared indices.
O'Keefe and Wu Tagged for NASA, TA Posts
The President has nominated Sean O'Keefe to be Administrator of the National Aeronautics and Space Administration. O'Keefe replaces Daniel Goldin, who resigned last month.
State and Local Tech-based ED RoundUp
Fresno, California
Useful Stats: 3rd Quarter VC Stats by State
PricewaterhouseCoopers has released the detailed data for the third quarter results of its Moneytree™ survey. The survey found a total of $6.5 billion was invested in 601 financing rounds — a 23 percent decline in dollars and a 16 percent decline in rounds compared to last quarter. SSTI has prepared a table presenting the state-by-state results.
Dems Take NJ, VA Governorships
Democrats took the year’s only two races for governor, electing Jim McGreevey in New Jersey and Mark Warner in Virginia.
Maine Voters Pass $5M R&D Bond
Voters in Maine passed a bond issue authorizing the state to borrow $5 million for biomedical and marine research and development by Maine-based nonprofit and state research institutions.
Tech, VC Rule in 15th Annual Report Card of the States
States that support a vibrant technology sector are attentive to the quality of their economic development efforts and continue toattract venture capital will outperform those that do not, according to the 2001 Development Report Card for the States.
Advocacy Group En'Visions' New Economy for Duluth, Minn.
A group of community leaders bent on revitalizing the Duluth, Minn., economy and ensuring economic opportunities for the city recently moved one step closer toward accomplishing its goals.
The Bridge Syndicate, a non-profit with more than 300 members, recently made public its plan for economic growth, issuing A Positive Vision for Duluth's Economy.
Wisconsin Legislature Considers VC Bills
The Wisconsin Legislature presently faces two bills which could greatly boost venture capital funds in the state.
Useful Stats: Science & Engineering Doctorate Awards by State
The National Science Foundation Division of Science Resource Statistics has e-published early release tables for the Science & Engineering Doctorate Awards: 2000 report. The data show trends in science and engineering (S&E) doctorate awards by S&E field and recipient characteristics, institutions awarding doctorates, and postgraduation plans of recipients.
State and Local Tech-based ED RoundUp
Atlanta, Georgia
NYC, Tech-based ED and September 11
With disaster comes opportunity for dramatic changes to occur through the healing and rebuilding processes. Floods, hurricanes and tornados have helped to energize devastated areas into becoming more vibrant communities. The deep recession of the late 80s and restructuring of many key industrial sectors ushered in many state tech-based economic development programs, the benefits of which are being felt more than a decade later.
New Guide to Federal Tech Funding Available
larta has issued its 2002 Federal Technology Funding Guide, a survey of federal funding sources for technology firms. The sixth edition of the guide provides information on more than 90 regularly scheduled programs, hundreds of links to resources on the Web, and a special section funding for technologies to fight terrorism. An index identifies program by technology area or funding emphasis.
New Reports Gauge State Fiscal Outlook, National Economy
Two reports released during this past week examine state fiscal conditions for FY 2002 and a slowing national economy following the terrorist attacks on Sept. 11.
State Fiscal Outlook for FY 2002: October Update
Foundations as Partners in TBED Strategies
Philanthropic individuals and foundations are increasingly vital contributors for tech-based economic development, particularly for "big-ticket" initiatives. Most gifts, such as that covered in the second item below, are tied to a specific relationship with a university or field of research, working independently of the strategies or programs developed by state or local tech-based economic development organizations.
Maine Studying Impact of Public R&D Investment
Nearly every state legislature annually appropriates some level of funding to support research and development activities in the state's nonprofit, university, and industrial research communities. Few, though, have developed long-term, systematic attempts to measure the impact of those investments.
House Stimulus Package Could Prove Costly to States
With almost every state seeing declining revenues in light of the recession and Sept. 11 attacks, projections from the Center for Budget and Policy Priorities that the economic stimulus package passed by the House on Wednesday could further reduce states’ revenues by as much as $5 billion for each of the next three years may further exacerbate the problem.
Technology Sector is Strong, Pittsburgh Tech Council Report Shows
The Pittsburgh Technology Council's State of the Industry Report shows the region's technology sector, while continuing its growth, has become a significant driver of southwestern Pennsylvania's overall economy.
Army to Create $125 Million Nano Center
The Army Research Office (ARO) recently created an initiative – a University Affiliated Research Center (UARC) to be known as the Institute for Soldier Nanotechnologies – to develop nanometer-scale science and technology solutions for soldiers.
14-Member Team Authors Projections for Oklahoma Economy
Meeting Challenges in the New Economy, recently released by the Oklahoma Center for the Advancement of Science and Technology (OCAST), presents a comprehensive look at Oklahoma's position in science and technology.
VC May be Down, But Past Impact Huge
Venture capital invested during the past three decades created 7.6 million U.S. jobs and more than $1.3 trillion in revenue as of the end of 2000, according to an economic impact study released Monday by the National Venture Capital Association (NVCA).
RuralTeleCongress Becomes National Organization
A national conference since 1997, the RuralTeleCongress (RTC) has transformed into a national organization devoted to rural telecommunications. RTC, which held its inaugural session October 14-16 at the Aspen Institute in Colorado, has launched a redesigned website as part of its transformation.
State and Local Tech-based ED RoundUp
Jefferson County, Missouri
Report Finds Corporate R&D Nearly Doubled in 2000
Public corporations headquartered in the U.S. almost doubled the growth rate of their investment in R&D in 2000, according to new data from the advance estimates of annual U.S. corporate R&D released this week by the Commerce Department’s Office of Technology Policy.