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Type

  • weekly_digest (355)
Displaying 251 - 275 of 355
Authored on

Branding Innovation Takes off in Cities, States

Wednesday, September 4, 2013

Typically, marketing efforts for cities and states encompass the promotion of a variety of desirable qualities to attract businesses and creative talent. Lately, it seems the title of Chief Innovation Officer has picked up steam in localities and across states as leaders seek to brand their region as “the” place for innovation. Take Colorado, for example, where last week Gov.

  • Read more about Branding Innovation Takes off in Cities, States

TBED People and Orgs

Thursday, September 26, 2013

Oklahoma Gov. Mary Fallin announced that Jonna Kirschner, executive director of the Oklahoma Commerce Department, will serve on a transition team to establish a new workers’ compensation system. Vaughn Clark , the Commerce Department’s director of community development, was named as interim executive director.

  • Read more about TBED People and Orgs

White House Taps Foundations to Aid in Detroit Revitalization

Thursday, October 3, 2013

In the days before the federal government shutdown, the White House released details of a $300 million cross-agency strategy to revive the Detroit economy following the city government’s bankruptcy filing. Most of the funding comes from existing programs that will either continue to support efforts in Detroit or will now allocate a portion of their grants, loans or services to Detroit-based recipients. However, while innovation and entrepreneurship is a major plank of the strategy, little of the $300 million will directly benefit technology-based economic development programs.

  • Read more about White House Taps Foundations to Aid in Detroit Revitalization

TBED People and Orgs

Thursday, October 17, 2013

President Obama launched the Advanced Manufacturing Partnership Steering Committee “2.0.” Former SSTI board member Luis Proenza, president of The University of Akron is part of the steering committee chaired by Andrew Liveris, president, chairman, and CEO of the Dow Chemical Company, and Rafael Reif, president of the Massachusetts Institute of Technology.

  • Read more about TBED People and Orgs

MI, NH, TX Universities Redesign Commercialization, Economic Development Programs

Thursday, October 31, 2013

Because universities are increasingly seen as hubs for regional economic development, many institutions are reorganizing their business engagement efforts to eliminate the barriers between universities and the innovation community. Recently, the University of New Hampshire, the University of Michigan Medical School and the University of Texas at Arlington all announced plans to streamline and redesign their innovation services, aiming to increase their contribution to regional job and business creation.

  • Read more about MI, NH, TX Universities Redesign Commercialization, Economic Development Programs

Colorado Launches First CO Community Development VC Fund

Thursday, November 21, 2013

Innosphere and the Colorado Enterprise Fund are joining forces to launch the Colorado Catalyst Fund, a $20 million community development venture capital fund. The model for the fund was drawn from existing community development venture funds established predominately on the East and West Coast, and will be the first of its kind in the state. The fund will be managed by the Community Development Venture Capital Alliance, which has formed or advised more than 40 of the 70 existing funds across the country.

  • Read more about Colorado Launches First CO Community Development VC Fund

Michigan’s University Research Corridor Generates $17.5B in Economic Impact

Thursday, January 28, 2016

Although universities are often pitted against each other in athletic events or competitions for state funding, one area in which they have increasingly been able to collaborate is in research and development. Modeled after the hugely successful Research Triangle in North Carolina, the University Research Corridor (URC), an alliance of Michigan’s three largest higher education institutions – Michigan State University, the University of Michigan, and Wayne State University – was established by the state in 2007 with the goal of accelerating statewide economic development.

  • Read more about Michigan’s University Research Corridor Generates $17.5B in Economic Impact

Huntington Bank Commits $25M for Comprehensive Economic Development Programming in Flint

Thursday, April 7, 2016

As the water crisis in Flint, MI, continues to capture headlines, details on potential relief efforts are beginning to emerge. In January, President Obama granted $5 million in emergency funding to address the crisis, while the state has approved $67 million in funding since October.

  • Read more about Huntington Bank Commits $25M for Comprehensive Economic Development Programming in Flint

IL, MI Report Significant Uptick in University Economic Impact

Thursday, March 24, 2016

Illinois and Michigan are among the few states that support regular comprehensive examinations of the role higher education plays in the overall innovation economy. Organizations in both states recently completed studies on university-generated entrepreneurship, licensing, investment and employment, finding a steady rise in university economic impact over the past five years.  In both cases, the increase in university impact was linked to an expanding university role in supporting entrepreneurs and researchers.

  • Read more about IL, MI Report Significant Uptick in University Economic Impact

Ballot Preview: Voters to Decide on Taxes, GMOs, Higher Ed

Thursday, October 30, 2014

On November 4, 42 states will vote on 146 ballot issues across a wide array of issues. In addition to initiatives on gun control, bear baiting, and the minimum wage, several initiatives relevant to the TBED community are also up for decision. SSTI has gathered information on many of these and will discuss their results after next week’s elections.

  • Read more about Ballot Preview: Voters to Decide on Taxes, GMOs, Higher Ed

MI Gov Snyder Signs Law to Create Secondary Markets for Crowdfunded Securities

Thursday, October 30, 2014

Michigan Gov. Rick Snyder recently signed a new law (HB 5273) that will allow for the creation of secondary markets through which intrastate crowdfunded securities can be listed, sold and resold. Under the new securities exemption, broker-dealers interested in establishing an exchange (online or in person) must apply and be registered with the state as well as follow rules of operation laid out in the legislation.

  • Read more about MI Gov Snyder Signs Law to Create Secondary Markets for Crowdfunded Securities

TBED Ballot Issues, Bond Proposals Fare Well in Midterm Elections

Thursday, November 6, 2014

In case you missed it, the midterm elections were on Tuesday, resulting in Republicans taking control of Congress, several new governors, and five states endorsing minimum wage increases.

  • Read more about TBED Ballot Issues, Bond Proposals Fare Well in Midterm Elections

CO Gov Proposes Higher Ed Reductions in FY 2017 Budget; Groups Advocate Stronger Talent Pipelines

Thursday, November 5, 2015

Colorado Gov. John Hickenlooper released his administration’s $27 billion budget request for fiscal year 2017, which includes significant refunds for taxpayers and reductions for higher education, hospitals and state buildings.

  • Read more about CO Gov Proposes Higher Ed Reductions in FY 2017 Budget; Groups Advocate Stronger Talent Pipelines

Budget Update: Entrepreneurship Programs Survive Contentious Budget Negotiations in MN, MI, KS

Thursday, June 18, 2015

Over the past few months, SSTI has followed proposals issued by governors in their budget requests, State of the State Addresses, Inaugural Speeches and other events. Now that many governors have signed spending bills, the SSTI Digest will check on the status of these proposals, and examine the state of technology-based economic development funding in the states. This week, we review actions in Kansas, Michigan and Minnesota.

  • Read more about Budget Update: Entrepreneurship Programs Survive Contentious Budget Negotiations in MN, MI, KS

MI, IA, VA, Others Target Future Demand for Autonomous, Connected Vehicles

Thursday, June 4, 2015

Uber and the City of London are among the growing number of backers of a nearly driver-free world. Proponents of autonomous vehicles contend that they will lead to large cost savings for both consumers and transportation organizations while delivering a faster, more efficient transportation experience. However, there are still major strides to be made before the technology can be safely deployed in real world settings. Several U.S.

  • Read more about MI, IA, VA, Others Target Future Demand for Autonomous, Connected Vehicles

Biden Announces New Institute for Advanced Composites Manufacturing Innovation in Detroit

Thursday, September 24, 2015

While speaking in Detroit last week, Vice President Joe Biden announced the creation of an Institute for Advanced Composites Manufacturing Innovation (IAMCI)  location in Detroit, aimed at creating better composite materials for wind turbines, compressed gas storage, and in particular, the automotive industry. Funded by the U.S.

  • Read more about Biden Announces New Institute for Advanced Composites Manufacturing Innovation in Detroit

Michigan Program Puts Professors in Charge to Encourage Bold Research

Wednesday, May 9, 2012

A new $15 million pilot program at the University of Michigan (UM) hopes to make a big impact in the research world by letting professors follow their instincts and allow breakthroughs to happen more naturally. Under the MCubed initiative, three researchers from different disciplines agree to work together or "cube" on a high-risk, high-reward idea. They also receive funding to hire students or a postdoctoral researcher. The university expects to fund research in the exploratory phase that could eventually lead to larger traditional grants.

  • Read more about Michigan Program Puts Professors in Charge to Encourage Bold Research

TBED People & Orgs

Wednesday, May 16, 2012

Tom Walker is departing i2E to join TechColumbus as CEO. Walker, a founding member of i2E, has served the private nonprofit for 14 years. Walker replaces Tim Haynes, who has been serving as interim CEO.

Mark Herzog will step down as executive director of the Virginia Biotechnology Association on June 1. Herzog will serve as senior vice president for corporate and government affairs at Health Diagnostic Laboratory, a Richmond-based company that conducts clinical tests.

  • Read more about TBED People & Orgs

Michigan State Launches Spartan Innovation to Support University Startups

Wednesday, May 30, 2012

Michigan State University (MSU) launched Spartan Innovations, a newly formed subsidiary of the MSU Foundation, to help its faculty and students form spin-off companies based on technology developed at the university. To achieve this goal, it will provide five key resources to increase the MSU startups including:

  • Read more about Michigan State Launches Spartan Innovation to Support University Startups

More than $20M Dedicated to Michigan's New Economic Gardening Programs

Wednesday, June 6, 2012

The Michigan Economic Development Corporation (MEDC) announced last week five new programs under the Pure Michigan Business Connect initiative established last year to provide small businesses in emerging industry sectors with economic development incentives, startup capital and support services (see the June 8, 2011 issue of the Digest).

The new programs focus mostly on providing access to capital and making connections. They include:

  • Read more about More than $20M Dedicated to Michigan's New Economic Gardening Programs

TBED People

Wednesday, April 20, 2011

Tom Thornton, president and CEO of the Kansas Bioscience Authority, submitted his letter of resignation to the board effective immediately. David Vranicar, president of the authority's Heartland BioVentures division, was named interim president and CEO.

  • Read more about TBED People

Legislation Expands Michigan's Jobs Program to Include More Advanced Technology Industries

Wednesday, April 27, 2011

Gov. Rick Snyder signed into law a measure expanding the scope of the state's 21st Century Jobs Fund allowing more industries involved in research and advanced technology to compete for funds through the program. Although many tech-focused industries such as life sciences and alternative energy companies can already apply for funding under the program, the new legislation expands eligibility to include an even wider range of companies — information technology and agricultural processing.

  • Read more about Legislation Expands Michigan's Jobs Program to Include More Advanced Technology Industries

Legislature Adds $50M for Michigan's Business Attraction Efforts

Wednesday, June 1, 2011

The Michigan Economic Development Corporation (MEDC) will be armed with $100 million for efforts to attract new businesses and help existing businesses grow in the coming year — an additional $50 million above Gov. Rick Snyder's request. Another $25 million was approved for a new innovation and entrepreneurship program.

  • Read more about Legislature Adds $50M for Michigan's Business Attraction Efforts

Colorado Expands Angel Tax Credit Program

Wednesday, June 1, 2011

Gov John Hickenlooper recently signed legislation expanding eligibility for Colorado's Innovation Investment Tax Credit (CIITC). The program provides angel investors with an income tax credit equal to 15 percent of their investment in Colorado small businesses that are less than five years old and are involved in research and development. Originally, the program allowed investors to claim the credits for investments made during the 2010 tax year.

  • Read more about Colorado Expands Angel Tax Credit Program

Lawmakers Extend CO Bioscience Program, Approve New Funding Source

Wednesday, May 11, 2011

Lawmakers added another five years to the life of a bioscience program established in 2008 to encourage bioscience research and speed technology commercialization (see the May 14, 2008 issue of the Digest). Gov. John Hickenlooper this week signed into law HB 1283 extending the state's Bioscience Discovery Evaluation Grant program through July 2018.

  • Read more about Lawmakers Extend CO Bioscience Program, Approve New Funding Source

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