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Type

  • weekly_digest (298)
Displaying 126 - 150 of 298
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TX Governor's Budget Adds $15M for Tech Fund, Retains Enterprise Fund

Wednesday, February 9, 2011

Citing the need to ensure a competitive edge in the weak economic climate, Texas Gov. Rick Perry is asking lawmakers to continue investing in the state's economic development tools by providing an additional $15 million for the Texas Emerging Technology Fund (ETF) and retaining funding for the Texas Enterprise Fund in the coming biennium. The governor also is proposing $50 million for science, technology, engineering and mathematics (STEM) scholarships and $32 million to increase STEM academies.

  • Read more about TX Governor's Budget Adds $15M for Tech Fund, Retains Enterprise Fund

Spending Plans in IA and MA Seek to Balance Cuts with Job Creation Efforts

Wednesday, February 2, 2011

Deep cuts to higher education and reorganizing economic development efforts are common themes in executive budget proposals across most of the country as governors seek to both reduce spending and create jobs. Iowa Gov. Terry Branstad recently introduced legislation to replace the state's existing economic development agency with a public-private partnership. Meanwhile, his budget eliminates the Iowa Power Fund, established by the legislature in 2007 to invest in private sector renewable and alternative energy industries. In Massachusetts, Gov.

  • Read more about Spending Plans in IA and MA Seek to Balance Cuts with Job Creation Efforts

National Institute of Standards and Technology Announces New $20 Million Grant Program

Wednesday, February 2, 2011

The National Institute of Standards and Technology (NIST) intends to award $20 million in grants to support the construction of new or expanded scientific research facilities. The NIST Construction Grant Program (NCGP) provides competitively awarded, cost-shared grants (non-federal cost sharing of at least 20%) to support construction and expansion projects including laboratories, test facilities, measurement facilities, research computing facilities and observatories.

  • Read more about National Institute of Standards and Technology Announces New $20 Million Grant Program

TIP Outlines R&D Grant Funding Priority Areas in New Three-Year Plan

Wednesday, February 2, 2011

The Technology Innovation Program (TIP), a program within the National Institute of Standards and Technology (NIST), released its Three-Year Plan covering proposed grant competition topics through FY 2014. Future TIP grant competitions may target specific research topics within eight areas of critical national need: civil infrastructure, manufacturing, energy, health care, water resources, complex networks and sustainability.

  • Read more about TIP Outlines R&D Grant Funding Priority Areas in New Three-Year Plan

TBED People

Wednesday, March 2, 2011

Bob Crowley, president of the Massachusetts Technology Development Corp., will step down June 30. Crowley has held the position since 2002 and has been with the quasi-public agency since its beginning in 1978.

Mitch Adams, executive director of the Massachusetts Technology Collaborative is resigning after leading the agency for nearly a decade.

  • Read more about TBED People

Incubator Round Up

Wednesday, March 30, 2011

Recent announcements of new and emerging technology incubators range from Google's selection of Cape Town, South Africa to launch a pilot incubator supporting technology entrepreneurs that it hopes to replicate globally to Alabama Gov. Robert Bentley's plan to create a statewide business incubator focusing on workforce training. Select announcements from across the globe are highlighted below.

  • Read more about Incubator Round Up

Competing Massachusetts Bills Have Similar Goals: Consolidating TBED, Econ. Dev.

Wednesday, February 17, 2010

Two bills aiming to consolidate state agencies and establish incentives for job creation were introduced last week by Gov. Deval Patrick and Senate President Therese Murray. Gov. Patrick's bill would merge the Massachusetts Technology Development Corporation with the Massachusetts Community Development Finance Corporation and the Economic Stabilization Trust to form a new Massachusetts Growth Capital Corporation funded by a $25 million capital bond authorization and $15 million from the Emerging Technology Fund.

  • Read more about Competing Massachusetts Bills Have Similar Goals: Consolidating TBED, Econ. Dev.

University of Texas Launches Campus-wide Commercialization Effort

Wednesday, March 3, 2010

The University of Texas at Austin recently announced the formation of a university-wide initative to support technology commercialization, entrepreneurship and innovation. Venture Labs Texas will assist new ventures at the university and broker deals with sources of capital, including venture funds, angel investors and Texas' Emerging Technology Fund. Read more about Venture Labs at the University of Texas at Austin at: http://texasventurelabs.net/

  • Read more about University of Texas Launches Campus-wide Commercialization Effort

Job Corner

Wednesday, July 28, 2010

UMass Donahue Institute is seeking a director for the economic and public policy research unit (EPPR) that consists of an outstanding team of twelve research and professional staff. Along with a commitment to public service, the ideal candidate will be a knowledge leader, outstanding communicator, program developer, collaborator and experienced manager and researcher. Familiarity with relevant research areas and potential clients in Massachusetts and New England, including industry, government, professional associations, and nonprofit organizations is preferred.

  • Read more about Job Corner

MA Economic Development Bill Aims to Increase Access to Capital, Streamline Agencies

Wednesday, August 11, 2010

Gov. Deval Patrick signed into law last week an economic development bill that includes the creation of the Massachusetts Growth Capital Corporation to provide access to capital and mentoring for small businesses capitalized with $35 million, and a $5 million recapitalization of the Massachusetts Technology Development Corporation to provide funds for early stage technology startups. The bill also reorganizes and consolidates economic development agencies focused on regionally based efforts to grow and attract businesses to the state, according to a press release.

  • Read more about MA Economic Development Bill Aims to Increase Access to Capital, Streamline Agencies

Incubator RoundUp

Wednesday, August 11, 2010

Specialized and high-tech incubators provide crucial services and resources to promote and enhance Commercialization & Entrepreneurship, one of the six thematic tracks of this year's annual conference. Three sessions tied to this theme will be explored during SSTI's annual conference, focusing on direct lessons from successful and proven TBED programs, regional innovation clustering, and more. They include:

  • Distributed, Non-University Models for Commercializing New Technologies
  • Read more about Incubator RoundUp

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

Funding Higher Ed in the Post Recession Era: CO, TX and VA Offer Recommendations

Wednesday, November 10, 2010

With the end of federal stimulus funding for higher education on the horizon, states are considering proposals to retool current funding formulas for colleges and universities and looking to alternative funding sources to sustain their programs and services in the coming years. Ahead of the 2011 legislative session, groups commissioned by governors in Colorado and Virginia recommended a voter-approved tax and more stable funding streams from the state, respectively.

  • Read more about Funding Higher Ed in the Post Recession Era: CO, TX and VA Offer Recommendations

Election Results: Texas Prop 4 Commits $500 Million toward University Research

Wednesday, November 4, 2009

Texas leaders have fully embraced the importance that strongly supported top-tier research universities can serve for attracting and retaining high-wage technology companies and as drivers for future economic growth. With Tuesday’s passage of Proposition 4 by a solid 56.7 percent majority, it is evident the voting population of the Lone Star State gets it as well.

  • Read more about Election Results: Texas Prop 4 Commits $500 Million toward University Research

People

Wednesday, December 12, 2007

Mark Robinson resigned as chief operating officer of the Massachusetts Biotechnology Council to join the American Academy of Arts and Sciences.

  • Read more about People

People & TBED Organizations

Wednesday, February 27, 2008

David Rooney will replace Tyler Fairbank as president of the Berkshire Economic Development Corp., effective next month. Rooney leaves the Empire State Development Corp. as its regional director.

  • Read more about People & TBED Organizations

Planning Well Underway for SSTI's 11th Annual Conference

Monday, April 16, 2007

Please plan on joining us in Baltimore on October 18-19. You can learn firsthand how the Maryland Stem Cell Research Fund successfully secured the increase in funding and how the initiatives are progressing, all while enjoying the view of the gorgeous Inner Harbor (see related story in this Digest).



  • Read more about Planning Well Underway for SSTI's 11th Annual Conference

When Should a State Take Equity in Life Science Firms? Issue Debated in Massachusetts

Wednesday, April 30, 2008

As Massachusetts legislators are in the process of crafting a compromise bill for the statewide Life Sciences Initiative, one new issue to emerge would have the state taking an equity position in the life sciences companies in which the state provides financial support.

  • Read more about When Should a State Take Equity in Life Science Firms? Issue Debated in Massachusetts

$1B Investment in Massachusetts Life Sciences Now a Reality

Wednesday, June 18, 2008

A little more than a year after unveiling a comprehensive proposal to provide crucial funding for R&D, commercialization and infrastructure to position Massachusetts as a global leader in life sciences, Gov. Deval Patrick signed an historic 10-year, $1 billion life sciences investment package, transforming the ambitious idea into reality.
 

  • Read more about $1B Investment in Massachusetts Life Sciences Now a Reality

Texas Governor Vetoes $570M in Spending from Proposed Budget; Slashes University Funding

Wednesday, June 27, 2007

Last week, Texas Gov. Rick Perry signed off on the state’s budget, but not before making substantial use of his line-item veto. Overall, the approved $151 billion FY 2008-2009 budget increases general revenue spending by $7.7 billion (11.8 percent) over the current biennium. Much of that new spending will support education in the state; however, a number of programs, particularly those connected to higher education, failed to receive the governor’s approval.

 

  • Read more about Texas Governor Vetoes $570M in Spending from Proposed Budget; Slashes University Funding

Texas Hopes to Score Big with Video Game Tax Credit

Wednesday, July 11, 2007

For an industry that takes in more than $10 billion per year, video games receive relatively little dedicated support for economic development initiatives. When video game creators do attract the attention of federal and state politicians, it is often because of allegations of violent content and for encouraging sedentary lifestyles amongst consumers. A handful of states, however, have launched programs and credits that actively encourage the growth of the industry.

 

  • Read more about Texas Hopes to Score Big with Video Game Tax Credit

Incubator RoundUp: Building a Culture of Entrepreneurship

Wednesday, July 25, 2007

Business incubators, known for the business support services they provide entrepreneurs, have shown themselves through the years to be a valuable resource in the process of starting and growing companies. Office and laboratory space provided at a reduced cost to tenants is just one of the benefits. Many incubators also offer access to university research, mentoring and seed and venture capital in order to encourage entrepreneurship and ensure the success of new high-technology start-up companies.



  • Read more about Incubator RoundUp: Building a Culture of Entrepreneurship

Massachusetts, Ohio Announce Broadband Initiatives

Wednesday, August 8, 2007

While many parts of the country are looking for innovative means to increase the number of citizens and businesses connected to high-speed Internet in both urban and rural areas, two governors recently announced initiatives targeting the further extension of broadband services throughout their states.

  • Read more about Massachusetts, Ohio Announce Broadband Initiatives

Massachusetts Governor Wants to Borrow $1B for Life Science Strategy

Monday, May 7, 2007

Against the backdrop of BIO’s annual meeting, held this week in Boston, Gov. Deval Patrick unveiled a comprehensive, collaborative Massachusetts Life Science Strategy. The plan includes a 10-year, $1 billion investment package to support biomedical and stem cell research.



  • Read more about Massachusetts Governor Wants to Borrow $1B for Life Science Strategy

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