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With Focus on Job Creation, Ohio Prioritizes Development Efforts

Wednesday, August 24, 2011

JobsOhio, the private, nonprofit corporation authorized to replace Ohio's economic development system, would administer state funded programs and services that have a direct, high-impact on job creation such as business loans, infrastructure grants and deal-closing funds, according to a report to the Ohio General Assembly. At the same time, a newly named Ohio Development Services Agency (ODSA) would focus on programs with a more indirect impact on job creation, including federally funded programs and services geared toward communities and individuals.

  • Read more about With Focus on Job Creation, Ohio Prioritizes Development Efforts

Tennessee Announces New Program to Support Nine Regional Business Accelerators

Wednesday, August 24, 2011

Commissioner of the Tennessee Department of Economic and Community Development, Bill Hagerty announced the state will commit up to $2.25 million for the Jobs4TN Regional Entrepreneurial Accelerators program. The grants will award up to $250,000 to a regional entrepreneurial accelerator in each of the state's nine economic development regions.

  • Read more about Tennessee Announces New Program to Support Nine Regional Business Accelerators

White House Extends Deadline for Comments on SC2 Program

Wednesday, August 24, 2011

The Obama Administration has announced that it is extending the comment period for public input on the Economic Development Administration's (EDA) Strong Cities, Strong Communities Visioning Challenge (see the July 13, 2011 and

  • Read more about White House Extends Deadline for Comments on SC2 Program

Report on Middle Skill Jobs Gap Presented to Southern Governors

Wednesday, August 24, 2011

Governors in the Southern states were presented with findings from a new report on the growing gap in middle-skill jobs and urged to adopt a three-part policy framework for reversing the trend during the Southern Governors' Association annual meeting last week in Asheville, NC. The report found that middle-skill jobs account for 51 percent of the region's jobs today, but only about 43 percent of the region's workers are currently trained at this level.

  • Read more about Report on Middle Skill Jobs Gap Presented to Southern Governors

Useful Stats: Educational Attainment of Residents More Than 25 Years Old, 2003-2008

Wednesday, August 24, 2011

Educational attainment rates in the U.S. rose in both 2007 and 2008, after falling in 2005 and 2006, according to data from the U.S. Census Bureau's American Community Survey. Despite the mid-decade dip, the overall trend over the past few decades has been toward higher rates of attainment at the high school, Bachelor's and advanced degree levels. As of 2008, about 85 percent of the U.S. population had completed high school, up from 80.4 percent in 2000 and 75.2 in 1990. About 27.7 percent of U.S.

  • Read more about Useful Stats: Educational Attainment of Residents More Than 25 Years Old, 2003-2008

Job Opportunities

Wednesday, August 24, 2011

The Rhode Island Science and Technology Advisory Council seeks to hire a program manager to oversee activities of the RI Research Alliance.

  • Read more about Job Opportunities

Federal Agencies will Partner to Commit $510 Million to Spur Biofuels Industry

Wednesday, August 17, 2011

The Department of Agriculture, the Department of Energy and the Navy will invest up to $510 million during the next three years to produce advanced drop-in biofuels to power military and commercial transportation. To accelerate the production of these advanced bio-based jet and diesel fuels, the federal agencies in partnership with the private sector will work to jointly construct or retrofit several drop-in biofuel plants and refineries.

  • Read more about Federal Agencies will Partner to Commit $510 Million to Spur Biofuels Industry

Mayors Unveil Initiatives to Improve Cities' Competitiveness

Thursday, August 11, 2011

From undertaking a joint regional initiative to improve two cities' competitiveness in advanced manufacturing to launching an effort for engaging venture capital companies and bringing in top university students to showcase area opportunities, mayors in Lexington and Louisville, Boston and Chicago recognize the value in promoting their cities as top destinations for growing tech-based economies. While each of the three recent announcements detailed below target different sectors of the innovation economy, they share the same mission of making their region more desirable for startups.

  • Read more about Mayors Unveil Initiatives to Improve Cities' Competitiveness

EDA Appropriations up $20 Million for FY10

Wednesday, December 16, 2009

Congressional conferees on the FY10 Consolidated Appropriations Act picked the higher funding level between the House and Senate versions of the FY10 budget on many line items of interest to the TBED community. Despite its high-wage job potential, direct support for innovation-based regional growth strategies is not as easy to come by in the federal budget as is money for conventional economic development/infrastructure projects.

  • Read more about EDA Appropriations up $20 Million for FY10

Nearly $200 Million Appropriated for MEP and TIP

Wednesday, December 16, 2009

The FY10 Consolidated Appropriations Act that passed Congress during the past week includes $124.7 million for the Manufacturing Extension Partnership (MEP) and $69.9 million for the Technology Innovation Partnership (TIP). Both initiatives are within the National Institute of Standards & Technology. MEP is a nationwide network of centers that strives to make U.S. manufacturers leaner, more competitive and more innovative.

  • Read more about Nearly $200 Million Appropriated for MEP and TIP

AK Gov’s Capital Budget Includes $109.5M for Life Sciences Facility

Wednesday, December 16, 2009

To help train future scientists and support cutting-edge research in health and environmental issues, Alaska Gov. Sean Parnell is recommending $109.5 million in the FY11 capital budget for the University of Alaska Life Sciences Facility in Fairbanks. The multi-purpose teaching and research facility would house the Department of Biology and Wildlife and accommodate a wide-range of research programs, reports Fairbanks Daily News-Miner.

  • Read more about AK Gov’s Capital Budget Includes $109.5M for Life Sciences Facility

SD Gov Asks Lawmakers to Fund Research Priorities in FY11

Wednesday, December 16, 2009

To keep alive the underground deep science laboratory, a National Science Foundation (NSF) research priority for scientific discovery in geophysics, Gov. Mike Rounds is asking lawmakers to approve $5.4 million in special appropriations for bridge funding through May 2011. During his budget presentation to the legislature last week, Gov. Rounds told lawmakers the $35 million allocated toward the effort in 2004 and 2005 would run out this month and $250 million in anticipated NSF funding would not be available until 2011.

  • Read more about SD Gov Asks Lawmakers to Fund Research Priorities in FY11

Job Corner

Wednesday, December 16, 2009

The Kansas Bioscience Authority - Heartland Bio Ventures, and the Kansas Technology Enterprise Corporation are jointly recruiting for a federal research funding specialist.

  • Read more about Job Corner

Patent Office Pilot Program to Speed Reviews of Green Tech Patents

Wednesday, December 16, 2009

In an effort to spur greentech innovation, the U.S. Patent and Trademark Office has announced that the next 3,000 green technology patent filings will be eligible for an accelerated review process. About 25,000 pending applications will also be eligible for the pilot program, which could shave as much as a year off the process. Read more at: http://www.uspto.gov/news/pr/2009/09_33.jsp.

  • Read more about Patent Office Pilot Program to Speed Reviews of Green Tech Patents

Statewide Strategic Plan Outlines California's Shift to a "Production Economy"

Wednesday, August 3, 2011

Lt. Gov. Gavin Newsom hopes that by the fall, lawmakers will enact a comprehensive legislative reform of state economic development entities in order to begin implementing a plan for growth and competitiveness that builds on the diverse strengths of California's regional economies. The lieutenant governor last week presented the first statewide economic plan in more than 10 years, outlining steps to develop a new economic model that "embraces the shift from a consumption-based economy to a production economy focused on global trade."

  • Read more about Statewide Strategic Plan Outlines California's Shift to a "Production Economy"

Wyoming Governor Details Proposed Use of AML Funds for Research over Next Biennium

Wednesday, December 9, 2009

Outlining his budget recommendations for the 2011-12 biennium last week, Gov. Dave Freudenthal asked lawmakers to continue support for research projects funded by the state’s share of federal Abandoned Mine Land (AML) funds. Using $116.1 million available for appropriation in the coming year, the governor recommends $45 million for continuation of carbon sequestration research, $17.4 million to continue operating the University of Wyoming School of Energy Resources, and $14 million for the Clean Coal Technology matching grant program.

  • Read more about Wyoming Governor Details Proposed Use of AML Funds for Research over Next Biennium

Job Corner

Wednesday, December 9, 2009

The Information Technology and Innovation Foundation, a Washington, DC think tank, is accepting applications for two positions described below:

  • Communications Director: This is a permanent, full-time position reporting to the president of ITIF. It is an exciting opportunity for someone who would like to not only deepen their policy expertise, but also influence the public debate on critical innovation policy issues. Read more…
  • Read more about Job Corner

Useful Stats: State R&D Expenditures, Intensity per State: FY 2006 & 2007

Wednesday, December 9, 2009

In FY2007, the states in aggregate expended $1.23 billion in funds for research and development, according to recent data released by the National Science Foundation. This is the second year consecutive annual data from the NSF's State Agency Research and Development Expenditures series has been produced. SSTI has prepared a table that shows for both FY07 and FY06 each state's expenditures for R&D from the state government, the state's GDP, and the spending intensity as measured by R&D expenditures per million dollars of GDP.

  • Read more about Useful Stats: State R&D Expenditures, Intensity per State: FY 2006 & 2007

Virginia Governor Announces $25 Million in Possible Funding for Medical Research Institute

Wednesday, December 2, 2009

Virginia Governor Tim Kaine announced the creation of The Ignite Institute, a nonprofit medical research institute to be housed initially at the Center for Innovative Technology. The state will provide $3 million from the Governor's Opportunity Fund and $22 million in incentive grants, subject to General Assembly approval. The institute expects to draw $200 million in initial financing and create 415 jobs. Read more at: http://www.ignitehealth.org/.

  • Read more about Virginia Governor Announces $25 Million in Possible Funding for Medical Research Institute

Biomedical Initiatives Face Cuts As Governors Seek to Erase Deficits

Wednesday, December 2, 2009

Governors across the nation are trying to find ways to prevent their state finances from falling further in the red as revenues continue to fall while costs for Medicare and unemployment remain high. Deficit-reduction plans announced in two states seek to delay payments and cut funding to biomedical research initiatives that were established to expand the states’ research capacity and generate wealth.

Connecticut

  • Read more about Biomedical Initiatives Face Cuts As Governors Seek to Erase Deficits

Funding for TBED Programs Cut in Mississippi Governor’s Budget Proposal

Wednesday, December 2, 2009

Calling for shared sacrifice among all state agencies, Gov. Haley Barbour outlined his FY11 budget recommendations reducing most agencies by 12 percent below the FY10 appropriation, excluding the Mississippi Development Authority, which would be cut only 5 percent because of its role in job creation. Tech-based economic development programs funded by the Authority are zeroed out in the governor’s proposal, however.

  • Read more about Funding for TBED Programs Cut in Mississippi Governor’s Budget Proposal

Job Corner

Wednesday, December 2, 2009

NorTech, the Northeast Ohio Technology Coalition, seeks applications for a Vice President. Reporting to the president and CEO, and serving as an integral member of the senior management team, the VP will be responsible for the development of several NorTech initiatives including technology commercialization, flexible electronics cluster building, and support on government engagement.

  • Read more about Job Corner

WIPO Expands Searchable Patent Application Database

Wednesday, December 2, 2009

The United Nation’s World Intellectual Property Organization (WIPO) in Geneva recently announced an expansion of its online free searchable patent application database. In addition to containing an existing 1.65 million international patents filed for protection under the Patent Cooperation Treaty (PCT) from 30 countries, the database now includes digital information for 1.49 million additional records from the Republic of Korea, Mexico, Israel, South Africa, Singapore, Vietnam, the African Regional Intellectual Property Organization (ARIPO), and Cuba.

  • Read more about WIPO Expands Searchable Patent Application Database

DOE Announced $2M in Funding for University-Based Clean Energy Business Competitions

Wednesday, July 27, 2011

Steven Chu, Secretary of the Department of Energy, announced $2 million in available funding for the National University Clean Energy Business Challenge — a nationwide network of regional university-based clean energy business creation competitions.

  • Read more about DOE Announced $2M in Funding for University-Based Clean Energy Business Competitions

Pair of IL Bills Boost Investment in Tech-based Firms, Support Student Entrepreneurs

Wednesday, July 27, 2011

Gov. Pat Quinn this week signed into law two bills in support of tech-based companies and student entrepreneurs. SB 107 builds on the state's Technology Development Account, which allows the state to invest up to 1 percent of its investment portfolio in venture capital firms that in turn invest in technology-based businesses. The new law increases the amount to 2 percent. Companies may use the funding for R&D, marketing new products and workforce expansion. Another bill signed by Gov.

  • Read more about Pair of IL Bills Boost Investment in Tech-based Firms, Support Student Entrepreneurs

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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?

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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.

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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.

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