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Type

  • weekly_digest (332)
Displaying 301 - 325 of 332
Authored on

States dealt blow with pandemic

Thursday, April 2, 2020

In general, the effect of the pandemic on states’ budgets due to the wave of business, retail, and commerce shutdowns, as well as other reduced economic activity across the nation, is not entirely known, or too early to forecast; however, a number of states are beginning to experience the initial impacts of a substantial downturn. With several states having already enacted their 2020-21 budgets, special sessions are expected later this year to deal with declining revenues. Others ended sessions early without a new fiscal year spending plan in place.

  • Read more about States dealt blow with pandemic

States launching innovation initiatives across the country

Thursday, February 27, 2020

Proving that innovation is appealing to states regardless of their size or political leanings, new initiatives in both Democratic and Republican states, as well as large states like California and small states like Vermont, are driving innovation agendas into action in areas ranging from clean energy and aid for students and colleges, to new venture capital investments and bond financing to support business collaborations with higher education to help translate cutting-edge research into products and companies.

  • Read more about States launching innovation initiatives across the country

Tech Talkin’ Govs 2019, part 1: Governors unveil broadband, workforce, and research proposals to build economies

Thursday, January 10, 2019

With 36 governors being sworn in following the November elections, 20 of those being new faces and 16 who were re-elected, this year’s inaugural and state of the state addresses promise new ideas along with proposed resolutions to existing challenges. As the governors present their plans to constituents, SSTI revisits our Tech Talkin’ Govs series.

  • Read more about Tech Talkin’ Govs 2019, part 1: Governors unveil broadband, workforce, and research proposals to build economies

Ten states selected for manufacturing-focused Policy Academy

Thursday, July 25, 2019

Ten states from across the country have been selected as part of a unique program designed to grow and strengthen their manufacturers. Over the course of the next year, interdisciplinary state teams will meet together in Washington, D.C., and separately in their home states, to develop and refine strategies impacting manufacturing industries.

  • Read more about Ten states selected for manufacturing-focused Policy Academy

New seed fund launched to expand early-stage funding opportunities outside Boston metro area

Thursday, June 13, 2019

The Massachusetts Life Sciences Center (MLSC) plans to launch a seed fund to support the development of life sciences startups outside of the Greater Boston area. These areas, many already rich in major research university and medical center anchor institutions, should be bolstered by this early-stage funding currently concentrated in Boston.

  • Read more about New seed fund launched to expand early-stage funding opportunities outside Boston metro area

Tech Talkin’ Govs 2020: DE, HI, ME, MA, NE, NM, SD, WI trying to build economies

Thursday, January 30, 2020

The economy, workforce and climate change continue to surface in governors' state of the state addresses. While today’s strong economy allows most governors to reflect on how the states have grown, preparing for the next downturn continues to be a point of concern.

  • Read more about Tech Talkin’ Govs 2020: DE, HI, ME, MA, NE, NM, SD, WI trying to build economies

Tech Talkin’ Govs 2020: Innovation, education and budgets weigh on governors in latest round of addresses

Thursday, February 6, 2020

Education, infrastructure and budgets are all on the minds of the governors in this latest review of state of the state addresses. With more than half the governors having completed their outlooks by the end of January, this week we review the speeches through the end of month and find repeated attention to education, energy and budgeting issues, with a statewide lottery being introduced in Alaska, new energy legislation in Illinois, and South Carolina also proposed a funding increase for state universities that do not raise in-state tuition rates.

  • Read more about Tech Talkin’ Govs 2020: Innovation, education and budgets weigh on governors in latest round of addresses

Illinois’ New Web Site Links to Mfr Directory

Friday, March 29, 1996

The State of Illinois recently announced a new World Wide Web site that provides Illinois firms with a means to quickly locate the technical and business assistance available in Illinois.

  • Read more about Illinois’ New Web Site Links to Mfr Directory

MA authorizes more than $1 billion in new economic development activities

Thursday, August 30, 2018

The Massachusetts legislature ended its 2018 session with a slate of bills related to tech-based economic development. Legislation for general economic development, life sciences industry, and green communities created new authorizations and provided for more than $1 billion in bond funding authority, with a substantial portion allocation to innovation-related activities. From broadband access to SBIR support to workforce development, the bills created a host of new opportunities for TBED in the Bay State.

  • Read more about MA authorizes more than $1 billion in new economic development activities

States’ fiscal picture improves with growing economy

Thursday, August 16, 2018

The ability of states to deliver the services promised to its residents relies on their fiscal soundness. With most states beginning their fiscal year in July, SSTI has reviewed the current fiscal standing for each state and here presents a snapshot of our findings.

The ability of states to deliver the services promised to its residents relies on their fiscal soundness. With most states beginning their fiscal year in July, SSTI has reviewed the current fiscal standing for each state and here presents a snapshot of our findings.

Most states ended their fiscal year with a surplus and continue to recover from the Great Recession, with a growing economy and job gains. However, they face continuing demands on their budgets, with expanded Medicaid payments and the growing opioid crisis confronting nearly every state. Such decisions affect the state’s ability to fund innovation efforts, from the amount of support available for higher education and STEM programs, to funding for entrepreneurship, and forging public private partnerships to strengthen innovation programming that the private sector cannot fully support.

Our analysis found that some states that rely on the energy sector to fund their spending priorities continue to struggle, while others are already factoring in anticipated revenues as a result of new Supreme Court rulings involving gaming and online sales tax collections.

  • Read more about States’ fiscal picture improves with growing economy

Massachusetts advances new manufacturing, apprenticeship funding in last state budget of FY 2019

Thursday, July 26, 2018

Nearly a month after the start of the new fiscal year, Massachusetts legislators have approved an FY 2019 budget. Science and innovation stakeholders may find it worth the wait. Included in the $42 billion budget are new funding for a precision manufacturing initiative that will fund multiple, local activities ($2.7 million) and $500,000 for registered apprenticeships.

  • Read more about Massachusetts advances new manufacturing, apprenticeship funding in last state budget of FY 2019

Innovative manufacturing studied in Illinois, lessons for all

Thursday, September 30, 2021

Implementing innovative policies is necessary for driving the manufacturing industry forward in Illinois, according to a recent report from the Illinois Manufacturing Excellence Center (IMEC). Nearly 600,000 Illinoisans are employed directly in manufacturing, and the manufacturing industry accounts for 12 percent of Illinois’s annual GDP. The findings of the state report, however, are adaptable and can be utilized across the United States in regions that seek to encourage innovation in manufacturing and promote job growth in an increasingly competitive globalized economy.

  • Read more about Innovative manufacturing studied in Illinois, lessons for all

Innovation Index reveals record high startup creation

Thursday, May 21, 2020

SSTI Note: Benchmarking innovation-driven entrepreneurship and the impacts of other science, technology and venture development activity in your state or region is more important than ever in the post-pandemic economy. Understanding the gains made prior to the onset of the coronavirus – and the inevitable setbacks resulting from its economic shocks – will be important for helping to build support and momentum for your initiatives going forward.

  • Read more about Innovation Index reveals record high startup creation

States address workforce issues pushed to forefront by pandemic

Wednesday, July 15, 2020

Faced with the sudden, unprecedented fallout from the COVID-19 pandemic, Gov. Ned Lamont last month launched a new resource to provide workers and businesses in Connecticut with career tools, including partnering with Indeed and workforce training providers.

  • Read more about States address workforce issues pushed to forefront by pandemic

Tech seeking to address diversity, gender challenge

Thursday, August 6, 2020

A leading technology association has stepped up to positively impact tech diversity and inclusion through a new challenge that aims to double the percentage of the state’s Black and Latinx tech workers — currently at 5 and 7 percent respectively — by the end of the decade.

  • Read more about Tech seeking to address diversity, gender challenge

Broadband, clean energy, workforce and diversifying economies featured in governors State-of-the-State addresses

Thursday, February 4, 2021

More than half of the nation’s governors have given their State-of-the-State addresses, and in this week’s coverage of the addresses, we complete our review of those that addressed their constituencies through January. As the COVID-19 crisis highlighted the need for greater broadband connectivity and affordability, we again see the state leaders focusing more attention on building out those capabilities. Diversifying state economies also plays a role in Alaska, Hawaii and New Mexico, while opportunities for development through renewables features in addresses from Nevada and New York.

  • Read more about Broadband, clean energy, workforce and diversifying economies featured in governors State-of-the-State addresses

Workforce, broadband, rural investments at play in governors’ plans for economic development

Thursday, February 25, 2021

As governors continue to roll out their State-of-the State addresses in the month of February, we continue to see a heavy focus on recovering from the pandemic. Given most state’s fiscal condition, governors have been generally hesitant to roll out new initiatives during this time, although broadband continues to receive attention, especially with the renewed attention surrounding its importance during the pandemic.

  • Read more about Workforce, broadband, rural investments at play in governors’ plans for economic development

Examining what work could look like after the pandemic and its implications for economic development

Thursday, July 29, 2021

Falling demand for office real estate and public transit, greater need for flexible child care and requirements for reskilling are some of the insights gained into the future of Massachusetts’ workforce.

  • Read more about Examining what work could look like after the pandemic and its implications for economic development

Massachusetts governor proposes $3.5B economic development package, including $750M for clean energy

Thursday, May 19, 2022

Massachusetts Gov. Charlie Baker and Lt. Gov.

Massachusetts Gov. Charlie Baker and Lt. Gov. Karyn Polito are urging Massachusetts legislators to act on their proposed  legislation  that includes $3.5 billion in clean energy and economic development initiatives. The bill includes $2.3 billion in funding from the federal American Rescue Plan Act (ARPA) and over $1.256 billion in capital bond authorizations to support projects to strengthen state infrastructure, create jobs and invest in all 351 cities and towns in the state. The legislation, called An Act Investing in Future Opportunities for Resiliency, Workforce, and Revitalized Downtowns (FORWARD), includes $1.2 billion in ARPA funds for climate resiliency and preservation efforts, with more than half of that designated for the commonwealth’s clean energy industry.

  • Read more about Massachusetts governor proposes $3.5B economic development package, including $750M for clean energy

11 additional states approved for federal funding through SSBCI

Thursday, October 13, 2022

The U.S. Department of the Treasury announced 11 additional states whose SSBCI plans have been approved: Alaska, Idaho, Iowa, Massachusetts, Minnesota, Missouri, Nebraska, Nevada, New Mexico, Ohio, and Utah.

  • Read more about 11 additional states approved for federal funding through SSBCI

More than $1B in new state and local initiatives for clean energy announced

Thursday, October 21, 2021

New York City and the state of Illinois have both made moves recently to shift more of their economies to clean energy.

New York City and the state of Illinois have both made moves recently to shift more of their economies to clean energy. Mayor Bill de Blasio and the New York City Economic Development Corporation (NYCEDC) announced a 15-year, $191 million Offshore Wind Vision (OSW) plan to make New York City a leading destination for the offshore wind industry.  Last month, Illinois Gov. J.B. Pritzker signed sweeping legislation offering new incentives for the adoption of clean energy and aim to move it to 100 percent clean energy by 2050. And Massachusetts Gov. Charlie Baker is looking to use American Rescue Plan Act (ARPA) money to establish a clean energy investment fund.

  • Read more about More than $1B in new state and local initiatives for clean energy announced

New report examines impact of tech in Chicago economy

Tuesday, June 28, 2022

Chicago has seen 18 percent growth in its technology ecosystem (i.e. technology occupations in technology industries, non-technology occupations in technology industries, and technology occupations in non-technology industries) in the last decade compared to a 1 percent growth in the overall economy, according to the Chicago Tech Effect report from Chicagoland Chamber of Congress and HR&A Advisors. The report might serve as a model for other areas examining the importance of technology in their region’s economy.

  • Read more about New report examines impact of tech in Chicago economy

Tech Talkin’ Govs 2023: Governors’ innovation vision from their annual addresses

Thursday, February 9, 2023

After a busy election season that saw gubernatorial elections in 36 states, newly elected and re-elected governors delivered their annual State of the State addresses, kicking off new programs and reviewing the conditions of their states. SSTI reviews the speeches every year and covers news of new developments and initiatives the governors have highlighted as they relate to the innovation economy. New programs are laid out here in the governors own words as excerpts from their State of the State or budget addresses.

  • Read more about Tech Talkin’ Govs 2023: Governors’ innovation vision from their annual addresses

New broadband mapping tool announced in Illinois

Wednesday, November 10, 2021

Gov. J.B Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO) have announced a new project for interactive broadband mapping and speed test tools that is intended to help expand access to high-speed internet in communities across Illinois. The project entails the creation of the interactive Connect Illinois Broadband Map and the Illinois Broadband Lab.

  • Read more about New broadband mapping tool announced in Illinois

IL and IN create innovation voucher programs to increase small business prospects

Wednesday, October 27, 2021

Indiana and Illinois are two of the most recent states to implement innovation voucher programs, adding another tool to their efforts to increase economic activity among innovators and entrepreneurs.

  • Read more about IL and IN create innovation voucher programs to increase small business prospects

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