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Type

  • weekly_digest (212)
Displaying 126 - 150 of 212
Authored on

Looming Revenue Shortfalls Latest Challenge for Many States

Wednesday, December 12, 2012

Amid the economic uncertainty surrounding fiscal cliff negotiations, and what it means for states, some governors are erring on the side of caution when it comes to funding recommendations for the upcoming year. At the same time, several state budget officers are projecting significant revenue shortfalls in the current fiscal year or biennium as a result of lower than expected tax collections.

  • Read more about Looming Revenue Shortfalls Latest Challenge for Many States

Seven States Selected to Identify, Implement Strategies for Enhancing Manufacturing

Wednesday, October 12, 2011

A newly established policy academy providing guidance and technical assistance will help seven states improve their environment for innovation and align state R&D investments, workforce development and education systems with current and future needs of advanced manufacturing industries. The policy academy will help each state develop a plan or overcome barriers for putting a plan into action through a highly interactive team-based process that includes input from NGA, MEP, EDA, SSTI, private sector consultants, and research organizations.

  • Read more about Seven States Selected to Identify, Implement Strategies for Enhancing Manufacturing

Three Universities Intend to Fuel Innovation and Grow Regional Economies with New Initiatives

Wednesday, October 12, 2011

Michigan State University, Rutgers University and the University of Michigan all have announced new initiatives that are intended to fuel innovation and grow regional economies. Michigan State established the University Center for Regional Economic Innovation — a university-based, economic development research center focused on generating businesses and jobs statewide. Rutgers University created a Disruptive Innovation Fund to provide up to $1 million to support the commercialization of innovative products.

  • Read more about Three Universities Intend to Fuel Innovation and Grow Regional Economies with New Initiatives

Research Park RoundUp

Wednesday, October 12, 2011

As budgets for economic development tighten across all sectors, measuring and reporting impact becomes even more crucial for sustaining support. The Association of University Research Parks points to three impressive impact reports released this year from Indiana's Purdue Research Park, Nebraska Technology Park and North Dakota State University Research and Technology Park.

  • Read more about Research Park RoundUp

Support for Entrepreneurs, Manufacturers Included in Connecticut Jobs Package

Wednesday, October 26, 2011

Building on several of the new programs enacted during the regular legislative session (see the June 15, 2011 issue of the Digest), Gov. Dan Malloy last week signed into law HB 6801, a comprehensive legislative package that authorizes $626 million in bonds to support efforts aimed at job creation. The bill has several components to support high-tech entrepreneurship, workforce development, and incentivize manufacturers and small businesses.

  • Read more about Support for Entrepreneurs, Manufacturers Included in Connecticut Jobs Package

Have State Stem Cell Programs Been Effective in Boosting Research?

Thursday, February 19, 2015

Over the past decade stem cell research has been touted as a game-changer in the life sciences and a potential fount of new biomedical innovations. As a result, several states have launched targeted programs to support stem cell research, despite the controversy that tends to surround the field. New research suggests that these programs have been effective at increasing the output of researchers in their respective states.

  • Read more about Have State Stem Cell Programs Been Effective in Boosting Research?

CT, IL, NH, TX Budget Proposals Support STEM, Workforce, Research

Thursday, February 19, 2015

This week, governors in Connecticut, Illinois, New Hampshire, and Texas revealed their budget proposals, with commonalities around STEM education, workforce development, and university research initiatives. Governors in two states, New Hampshire and Texas, made growth in the innovation economy a specific priority area of their proposed budgets.

  • Read more about CT, IL, NH, TX Budget Proposals Support STEM, Workforce, Research

CT, WI sign budgets following difficult negotiations

Thursday, November 2, 2017

Connecticut and Wisconsin both ended their protracted budget negotiations with the governors signing budgets in late September and late October. Faced with budget constraints and uncertainty about the spending plan, Connecticut’s funding for economic and community development is decreasing along with funding for the state’s MEP center and Manufacturing Supply Chain program, with no general funds provided for them in the second year of the biennium.

Connecticut and Wisconsin both ended their protracted budget negotiations with the governors signing budgets in late September and late October. Faced with budget constraints and uncertainty about the spending plan, Connecticut’s funding for economic and community development is decreasing along with funding for the state’s MEP center and Manufacturing Supply Chain program, with no general funds provided for them in the second year of the biennium. Wisconsin appears to be maintaining its status quo on TBED-related initiatives and has increased funding to universities that increase enrollments for “high-demand” degree programs, making $5 million available on a competitive basis.

  • Read more about CT, WI sign budgets following difficult negotiations

Newly elected governors support innovation strategies

Thursday, November 9, 2017

The innovation economy is a featured component of both newly elected governors’ agendas, with each showing support for TBED-related initiatives in their platforms. In New Jersey, Governor-elect Phil Murphy (D) has pledged to reclaim the state’s innovation economy while in Virginia Governor-elect Ralph Northam (D) proposed a new workforce development plan focused on “the new-collar jobs of the 21st century.”

  • Read more about Newly elected governors support innovation strategies

CT Budget Bill Would Create Independent TBED Organization, Programs

Thursday, June 2, 2016

Ten Connecticut startups competed in a $10,000 pitch competition at CTNext last week, but the five-year-old state initiative finds itself the winner of a much higher-stakes appraisal. Gov. Dannel Malloy approved the FY 2017 state budget bill on June 2, which will make CTNext an independent organization with $67 million in bonding support.

  • Read more about CT Budget Bill Would Create Independent TBED Organization, Programs

AL, CT, FL, MI, MO, OK, PA and WI budget proposals boost and cut TBED

Thursday, February 9, 2017

In the latest round of state budget proposals, TBED initiatives receive mixed reviews. Some governors are boosting funding while others in cash-strapped states are proposing cuts.

  • Read more about AL, CT, FL, MI, MO, OK, PA and WI budget proposals boost and cut TBED

Tech Talkin’ Govs, Part I: AR, AZ, CT, IA, ID, IN, KS, ND, SD, VT, WI - workforce, education top concerns

Thursday, January 12, 2017

SSTI again presents its latest round of Tech Talkin’ Govs, where governors’ comments about TBED issues are excerpted from their state of the state and inaugural addresses. Today’s roundup includes STEM spending and workforce development in Idaho, education in Arizona, manufacturing in Connecticut and a nod to technological change in North Dakota, inaugural addresses from new governors in Vermont and Indiana, and more reports from governors who gave their addresses on the 10th. Next week the Digest will continue with Part II of Tech Talkin’ Govs featuring news from the next round of addresses.

  • Read more about Tech Talkin’ Govs, Part I: AR, AZ, CT, IA, ID, IN, KS, ND, SD, VT, WI - workforce, education top concerns

State grants, partnerships focus on workforce needs in several states

Thursday, March 30, 2017

Noting a growing need for additional education to meet workforce needs, several states have announced programs focusing on education and workforce needs, channeling state funding to grants that will focus on aligning learning opportunities with business and industry needs, or creating new initiatives in the private sector. Reaching a higher educational attainment among a greater percentage of the workforce by 2025 is also a goal set by several of the states.

  • Read more about State grants, partnerships focus on workforce needs in several states

Nine states explore science policy fellowships

Thursday, February 23, 2017

After training nearly 80 PhD scientists and engineers in the craft of policy making, the California Council on Science and Technology (CCST) has awarded planning grants to nine other states to evaluate the potential to create a policy fellowship for scientists and engineers in their state capital. The new one-year grant, which is administered by CCST and funded by the Gordon and Betty Moore Foundation and the Simons Foundation, will support teams in Alaska, Colorado, Connecticut, Idaho, Massachusetts, Michigan, New Jersey, North Carolina, and Washington as they work on feasibility studies and other strategic steps toward creating science fellowships in their state policy arenas.

  • Read more about Nine states explore science policy fellowships

Candidates for NJ Governor Lack Specifics in Jobs Plans

Thursday, October 10, 2013

In contrast to last week's coverage of the Virginia gubernatorial candidates on issues that affect jobs and the economy, there are little specifics on the topic provided by either New Jersey candidate. Incumbent Gov.

  • Read more about Candidates for NJ Governor Lack Specifics in Jobs Plans

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

WI Lawmakers Embrace Crowdfunding; NJ May Be Next

Thursday, October 17, 2013

A measure to amend the state securities laws in order to permit equity crowdfunding won approval in the Wisconsin Legislature following swift and unanimous passage in the Senate this week. The bill, called the Wisconsin Crowdfunding and Securities Exemptions (CASE) for Jobs Act, is aimed at providing better access to small business capital by connecting Wisconsin-based investors with startups through crowdfunding websites. Wisconsin now joins three other states, Georgia, Kansas and North Carolina, that have enacted similar securities exemptions.

  • Read more about WI Lawmakers Embrace Crowdfunding; NJ May Be Next

SC, NJ, Others Announce Funding for Industry-Specific Workforce Development

Thursday, April 21, 2016

To build 21st century workforces in key S&T sectors, several new public-private initiatives have been launched in South Carolina, New Jersey, Utah, and Montana. These initiatives are intended to better align the educational training of students with the needs of industries that each respective state has identified as a key industry cluster. Target industries include advanced manufacturing, aerospace, biotechnology, chemistry and plastics, and cyber security.

South Carolina

  • Read more about SC, NJ, Others Announce Funding for Industry-Specific Workforce Development

New Branding Effort Reflects Entrepreneurial Focus in Connecticut

Thursday, December 12, 2013

With bright colors, interesting graphics, and intuitive navigation, the new look of Connecticut Innovations (CI) captures attention. The launch of CI's new brand identity, complete with an updated message platform and logo, hopes to better reflect the organization's mission and promote their resources to attract entrepreneurs. The new website highlights services offered by the three entities under CI's umbrella, including the merger with the Connecticut Development Authority in 2012 and the Small Business Innovation Group in 2009.

  • Read more about New Branding Effort Reflects Entrepreneurial Focus in Connecticut

Budget Update: Economic Development Remains Priority Despite Contentious Debates in Many States

Thursday, July 16, 2015

Now that many governors have signed spending bills and legislative sessions are drawing to a close, the SSTI Digest will check on the status of proposals related to the innovation economy, and examine the state of technology-based economic development funding in the states. This week, we review spending bills in Alaska, Connecticut, Louisiana, South Carolina and Vermont.

  • Read more about Budget Update: Economic Development Remains Priority Despite Contentious Debates in Many States

Budget Update: Education Spending Vetoed in IA, Stable in CA, OH

Thursday, July 23, 2015

Now that many governors have signed spending bills and legislative sessions are drawing to a close, the SSTI Digest will check on the status of proposals related to the innovation economy, and examine the state of technology-based economic development funding in the states. This week, we review spending bills in California, Iowa, Ohio and New Jersey.

  • Read more about Budget Update: Education Spending Vetoed in IA, Stable in CA, OH

Newark Venture Partners to Launch $50M Investment Fund, Accelerator for City’s Startups

Thursday, July 30, 2015

Located just a 20-minutes from New York City, Newark has long existed in the shadow of its much larger neighbor. Despite this, Newark’s downtown received an important boost to its innovation ecosystem this week with the announcement of Newark Venture Partners, a venture capital fund and accelerator.

  • Read more about Newark Venture Partners to Launch $50M Investment Fund, Accelerator for City’s Startups

CT Launches Apprenticeship Program to Capitalize on Advanced Manufacturing Opportunities

Thursday, August 27, 2015

Connecticut Gov. Dannel Malloy recently announced the launch of a manufacturing apprenticeship program that will provide wage subsidies and tuition reimbursement to participating students. The effort will begin as a two-year, $7.8 million initiative, focused on advanced manufacturing industries, including aerospace, medical devices, composite materials, digital manufacturing and others. Funding will derive from the state’s Manufacturing Innovation Fund.

  • Read more about CT Launches Apprenticeship Program to Capitalize on Advanced Manufacturing Opportunities

TBED-Focused Bills Capturing Attention in Several States

Wednesday, April 13, 2011

Proposals that promise job creation and economic growth have taken center stage in several state legislatures. Lawmakers who recognize the importance of R&D, tech commercialization, access to risk capital, and investment in higher education are fighting for passage of TBED-focused bills in the final months of their states' 2011 legislative sessions.

  • Read more about TBED-Focused Bills Capturing Attention in Several States

NJ Launches Green Technology Fund, Withdraws from Climate Initiative

Wednesday, June 1, 2011

New Jersey's Economic Development Authority announced the Edison Innovation Green Growth Fund (EIGGF), a new loan program with a performance grant component to grow the state's energy efficiency and Class 1 renewable energy technology companies. The fund offers five-year fixed term loans of up to $1 million to eligible companies that have begun generating commercial revenues and are seeking matching funds (1:1 by the time of loan closing).

  • Read more about NJ Launches Green Technology Fund, Withdraws from Climate Initiative

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