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Broadband Adoption Slows in 2010

Wednesday, August 18, 2010

Years of double digit growth in broadband adoption have come to a halt, according to a report from the Pew Internet and American Life Project. Two-thirds of Americans currently use a high-speed Internet connection at home, about the same as in 2009. Among African-Americans, however, usage continued to surge, jumping from 46 percent in 2009 to 56 percent in 2010. A majority of respondents said that increasing broadband adoption should not be a priority of the federal government.

  • Read more about Broadband Adoption Slows in 2010

Join the Southern Advanced Materials in Transportation Alliance (SAMTA)

Wednesday, August 18, 2010

Want to participate in a new concept in innovation clusters? The Southern Advanced Materials in Transportation Alliance (SAMTA) is a regional innovation cluster that promotes the research, commercialization, and production of new and specialized materials important to the automotive and aerospace industries. Although traditional clusters are based on geographic concentration, SAMTA will use telecommunications networks to minimize geographic distance and facilitate the industry network. The Economic Development Administration has provided seed funding for this project.

  • Read more about Join the Southern Advanced Materials in Transportation Alliance (SAMTA)

PA Team Awarded Funds to Establish DOE's Third Energy Innovation Hub

Wednesday, August 25, 2010

A research consortium led by Pennsylvania State University will receive up to $122 million over the next five years to develop an Energy Innovation Hub focused on developing technologies for making buildings more energy efficient. The team will pursue a research, development and demonstration program targeting technologies for single buildings and district-wide systems, according to a news release. This is the third innovation hub announced by DOE this year to receive FY10 funding.

  • Read more about PA Team Awarded Funds to Establish DOE's Third Energy Innovation Hub

Space Coast Task Force Recommends Competitive Grant Program for Transition Plan

Wednesday, August 25, 2010

Nearly 90 percent of government funds available for transition assistance in the Space Coast region would be used for a fast-track competitive grant process through the Economic Development Administration (EDA), according to recommendations from a task force convened by President Barack Obama. Under the plan, $35 million in grants would be awarded to the most promising job creation and economic development programs aimed at creating a strong economic base in the region as the Space Shuttle program winds down.

  • Read more about Space Coast Task Force Recommends Competitive Grant Program for Transition Plan

HHS Review Calls for Support of Early Stage Research, Manufacturing Centers

Wednesday, August 25, 2010

Establishing manufacturing centers to provide resources for small biotech companies to bring products to market and creating teams at the National Institutes of Health to identify promising research are among a list of recommendations resulting from a comprehensive review of the federal government's system to produce medical countermeasures against bioterrorism threats.

  • Read more about HHS Review Calls for Support of Early Stage Research, Manufacturing Centers

Regional Clustering and Innovation Strengthens Exports Report Finds

Wednesday, August 25, 2010

"Strong Manufacturing and patent producing metropolitan areas generate the highest shares of exports from their output," according to a recent Brookings report. Researchers at the Brookings Institute found that the top exporting U.S. metros also were significantly more innovative. In this study, innovation was defined by the rate of patent production. Metros with regional clusters also were more likely to export than those without strong regional clusters. The report recommends that U.S.

  • Read more about Regional Clustering and Innovation Strengthens Exports Report Finds

Around the World: Australia and Ireland Invest in Innovation

Wednesday, August 25, 2010

As the world's economies rebound, governments are investing heavily in innovation and research infrastructure. Australia and Ireland, for example, will fund significant investment in national innovation strategies. Australia will commit $1.1 billion to develop national clusters in targeted sectors, and Ireland will attempt to become the "innovation hub" of Europe.

Australia
Under the Super Science Initiative, Australia's government will provide approximately $1.1 billion for three targeted research areas:

  • Read more about Around the World: Australia and Ireland Invest in Innovation

Useful Stats: U.S. Science and Engineering Graduate Enrollment, 2001-07

Wednesday, August 25, 2010

U.S. graduate enrollment in science and engineering (S&E) increased by 3.3 percent in 2007 over comparable data from the previous year, according to the latest data from the National Science Foundation (NSF). This marks the largest increase since 2002 and follows several years of stagnant enrollment numbers. Female enrollment grew by 3.4 percent, slightly more than the 3.2 percent growth for men. Growth in Asian, Black, Hispanic, American Indian and "other"/multiracial enrollment outpaced growth among whites.

  • Read more about Useful Stats: U.S. Science and Engineering Graduate Enrollment, 2001-07

TBED People

Wednesday, August 25, 2010

Ray Gilley resigned as chief executive of the Metro Orlando Economic Development Commission after nine years on the job. Gilley was responsible for helping lure the Sanford-Burnham Medical Research Institute to Central Florida.

Peter Ginsberg joined the North Carolina Biotechnology Center as vice president of Business & Technology Development.

  • Read more about TBED People

MS Special Session Produces Incentives for Biofuels Development

Wednesday, September 1, 2010

Lawmakers called into special session on Friday approved a $75 million incentive package for a Texas-based energy company to build five biofuel facilities in the state expected to generate 1,000 new jobs through a total $500 million investment. The package approved by lawmakers also includes $4 million for a workforce training fund through the state's institutions of higher education and up to $2 million for biomass research at Alcorn State University and Mississippi State University.

  • Read more about MS Special Session Produces Incentives for Biofuels Development

When it Comes to Energy Policy the Challenge is "Striking the Right Balance," Shows Report

Wednesday, September 1, 2010

By 2035, nearly 40% of all new energy capacity will come from renewable energies according to a report from the National Conference of State Legislatures (NCSL). However, one resource or technology will not meet the energy needs of the future. It is necessary to develop a comprehensive plan that includes a combination of many technologies and resources. This plan may include energy efficiency, natural gas, cleaner coal technologies, nuclear energy, smart grid technologies and renewable energy.

  • Read more about When it Comes to Energy Policy the Challenge is "Striking the Right Balance," Shows Report

Get the Answers You Need at SSTI's Power Roundtable

Wednesday, September 1, 2010

SSTI is proud to premier a new type of event at our 14th Annual Conference. The Power Roundtable is equal parts best tips of the trade, informational interviews, and speed dating. We'll start with nationally recognized experts in six critical areas for TBED providing a rapid-fire roundtable of their top four insider tips for success — so you are guaranteed to leave with two dozen of the most important lessons for better TBED practices.

  • Read more about Get the Answers You Need at SSTI's Power Roundtable

Metro's face "New Realities," According to Brookings Institute Report

Wednesday, September 1, 2010

The "New Realities" will have a dramatic effect on the future of metros and the metro's effect on U.S. economic growth and prosperity, according to a recent Brookings Institute study. Metropolitan areas have changed from their traditional groupings (e.g., Sun Belt vs. Rust Belt and Southwest vs. North East) into a new demographic seven-category typology of metropolitan cities. Metros that have diversified successfully were among the "demographic winners" of the 2000s. However, metros still face similar issues regarding an educated and skilled workforce.

  • Read more about Metro's face "New Realities," According to Brookings Institute Report

Recent Research: Who Creates More Jobs, Small or Young Businesses?

Wednesday, September 1, 2010

It is often taken for granted that small businesses are the primary vehicle of employment growth in the private sector. While this is debated, academics have struggled to demonstrate a strong inverse relationship between firm size and job creation. A recent paper by John Haltiwanger of the University of Maryland and Ron S. Jarmin and Javier Miranda of the U.S. Census Bureau shows that once the data is adjusted to account for firm age, there appears to be no systematic relationship between firm size and growth.

  • Read more about Recent Research: Who Creates More Jobs, Small or Young Businesses?

TBED People

Wednesday, September 1, 2010

Kevin Carr was named CEO of Kansas Technology Enterprise Corp., after serving as interim leader since June 2009. KTEC is a public-private partnership charged with promoting tech-based economic development throughout the state.

  • Read more about TBED People

Federal Officials, Governors, State Policymakers Share TBED Insight at SSTI Conference

Wednesday, September 8, 2010

SSTI's 14th Annual Conference agenda features some of the most relevant topics designed to help your efforts to support regional innovation, and this year we're going straight to the top to find out what federal officials, governors, and state policymakers envision on the road ahead for tech-based economic development. Brian McGowan, a senior Economic Development Administration official, will kick off the conference on Tuesday, Sept.

  • Read more about Federal Officials, Governors, State Policymakers Share TBED Insight at SSTI Conference

Cultivate an "Innovation Champion" at your State Capitol

Wednesday, September 8, 2010

Pressure on state budgets is at a historic high, and, ultimately, it's going to be state legislators that will make the decisions on how limited resources are allocated. The Road Ahead: The View from Legislators will provide you the opportunity to get a candid assessment from two legislators on what is needed to build support for tech-based economic development in this tough environment and what they see as the road ahead.

  • Read more about Cultivate an "Innovation Champion" at your State Capitol

Interested in Entrepreneurial Mentoring and Guidance?

Wednesday, September 8, 2010

Everyday more organizations are realizing the potential of mentoring programs to help assist high-tech entrepreneurs and to build stronger tech industries. In recognition of this growing trend, SSTI will feature two sessions on entrepreneurial mentoring at this year's Annual Conference. The first, Sustaining Entrepreneur-in-Residence & Mentoring Programs, will examine how these programs recruit, retain and support experieinced mentors.

  • Read more about Interested in Entrepreneurial Mentoring and Guidance?

Job Corner

Wednesday, September 1, 2010

TechConnect WV, a nonprofit advancing technology-based economic development, is seeking an executive director and solicits interest from individuals and entities able to provide services on a contractual basis.

  • Read more about Job Corner

Winners of i6 Challenge and Cluster Mapping Project Announced

Wednesday, September 29, 2010

Six teams were selected as winners of the i6 Challenge, a new innovation competition led by the U.S. Department of Commerce's Economic Development Administration (EDA), in partnership with the National Institutes of Health (NIH) and the National Science Foundation (NSF). The i6 Challenge seeks to identify and support the nation's best ideas for technology commercialization and entrepreneurship in six different regions of the country. The winning team from each region will receive $1 million from EDA to support their project and may be eligible for additional awards from NIH and NSF.

  • Read more about Winners of i6 Challenge and Cluster Mapping Project Announced

SBA Selects 10 Regional Efforts for Cluster

Wednesday, September 29, 2010

The Small Business Administration (SBA) announced the selection of 10 regional economic development and job creation efforts through a new pilot program, Innovative Economies, that supports small business participation in regional economic clusters. SBA's funding is designed to expand the opportunities and the role small businesses play in these regional collaborations. The awardees were selected from among 173 applicants. Awards went to organizations in: Alabama, California, Connecticut, Illinois, Michigan, Minnesota, Mississippi, North Carolina, Ohio and South Carolina.

  • Read more about SBA Selects 10 Regional Efforts for Cluster

SSTI Special Election Series: Governors Races 2010

Wednesday, September 29, 2010

With 37 governorships up for election in 2010, one thing is certain: Transitions in state and local economies are on the horizon. In a special series leading up to the November elections, SSTI is tracking news, reports, and analysis from the gubernatorial candidates to report on the most pressing issues for the tech-based economic development community. Over the next several weeks, we'll highlight announcements and campaign platforms from select states across the U.S. The first installment includes competing jobs plans in Iowa unveiled by incumbent Gov.

  • Read more about SSTI Special Election Series: Governors Races 2010

Michigan's Programs Having Significant Impact

Wednesday, September 29, 2010

Since 2006, Michigan's economic development programs designed to transition its economy from the traditional manufacturing-based economy to an economy driven by clusters of innovative manufacturers and service providershave led to more than 24,407 direct and indirect jobs created or retained, the creation of approximately 1,500 new companies and almost 900 patents.

  • Read more about Michigan's Programs Having Significant Impact

U.S. Entrepreneurial Performance Remains Strong

Wednesday, September 29, 2010

The United States finished third out of 71 countries in entrepreneurship on the Global Entrepreneurship and Development Index (GEDI) according to a report commissioned by the SBA's Office of Advocacy. Denmark and Canada, respectively, were first and second due to strong scores across the three sub-indexes (i.e., Attitude, Activities, Aspirations). ). The U.S. finished first in the entrepreneurial aspiration sub-index but lagged behind in entrepreneurial attitude (6th) and activities (8th). The authors —Zoltan J.

  • Read more about U.S. Entrepreneurial Performance Remains Strong

White House Challenges to Entrepreneurs, Innovators and Citizen Solvers to tackle Nation's Tough Issues

Wednesday, September 29, 2010

In an attempt to solve the nation's challenges, the Obama administration recently launched challenge.gov. Challenge.gov — a prize platform that cultivates social problem solving — provides Americans with the opportunity to participate in federal government challenges. For their efforts, entrepreneurs, innovators and citizen solvers will be rewarded with prizes and recognition for solving tough problems. In the future, the site will promote and publish challenges from all the federal agencies.

  • Read more about White House Challenges to Entrepreneurs, Innovators and Citizen Solvers to tackle Nation's Tough Issues

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Recent news from the SSTI Digest

The state of US venture capital investment in four charts. How might your innovation startups fare if investment trends hold?

Thursday, January 15, 2026

With 2025 behind us, and some time for the data to stabilize, we can look back at VC activity and try to understand what it means for TBED efforts going forward. The VC storyline of 2025 should be familiar to anyone who has been following investment news. Record funding rounds, huge amounts of capital deployed, questions of an AI bubble. Where amongst the big flashy lights of AI mega-deals do we find the subtlety and nuance that informs TBED investor activity and policy?

venture capital
startups

FSGG appropriations language favors innovation programs

Thursday, January 15, 2026

The Financial Services and General Government appropriations bill for FY 2026 passed the House of Representatives yesterday and now moves to the Senate where passage is also expected. The bill sets spending levels for several agencies supporting regional innovation, economic development, and investment. Foremost are the Treasury and Small Business Administration; selected highlights are provided below.

fy26budget
sba
cdfi
higher ed

New benchmarking tool illuminates how AI is accelerating job market changes

Thursday, January 15, 2026

All too often, jobseekers and employers seem to exist in non-compatible realities. While jobseekers flood the job market with descriptions of their generalized skills in communication, leadership, and problem-solving to fill various roles in different sectors, employers are looking for the more specific skills that will get the job done, say the authors of a report from the Wharton School and Accenture. And they propose that AI is accelerating this shift from a role-based economy to a skills-based economy.

AI
jobs
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