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Type

  • weekly_digest (307)
Displaying 126 - 150 of 307
Authored on

Advanced Manufacturing Initiative Unveiled in MA

Wednesday, May 26, 2010

Enlisting support from industry, policymakers and academics, Gov. Deval Patrick unveiled an initiative to help the state's manufacturers evolve with changing technology, adopt new innovations, and grow their operations through a new multi-tiered loan program. The Advanced Manufacturing Initiative is a public-private collaboration designed to maximize job creation within the manufacturing sector, which added more than 19,000 jobs last month, according to the governor's office.

  • Read more about Advanced Manufacturing Initiative Unveiled in MA

Legislative Wrap-Up: Louisiana, Massachusetts, Pennsylvania and Tennessee Pass Budgets

Wednesday, July 14, 2010

Several states recently enacted spending plans for the upcoming fiscal year, which started July 1 for most states. In Louisiana, Gov. Bobby Jindal signed into law the LA GRAD Act, granting universities more flexibility to raise tuition in return for meeting certain performance goals. Lawmakers in Massachusetts allocated $10 million to continue the state's investment in life sciences, Pennsylvania Gov.

  • Read more about Legislative Wrap-Up: Louisiana, Massachusetts, Pennsylvania and Tennessee Pass Budgets

Wisconsin Pension Fund Introduces $80 Million "Catalyst Fund"

Wednesday, January 12, 2011

The State of Wisconsin Investment Board (SWIB), on of the largest public pension funds in the country, plans to invest $80 million in a new "Catalyst Portfolio", intended to create profitable returns from venture investments and to attract the attention of coastal venture firms. SWIB intends to use to funds to invest in one or more venture funds, likely through a firm on the East or West coast. That investment would allow the board to act as a matchmaker between large investors in other states and Wisconsin's investor community.

  • Read more about Wisconsin Pension Fund Introduces $80 Million "Catalyst 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

AZ, OH and WI Govs Move to Privatize State Economic Development

Wednesday, February 23, 2011

Facing massive government deficits and stagnant regional economies, many states are exploring new options for their economic development activities. Three states recently have taken steps towards eliminating their primary economic development agencies, and replacing them with public-private partnerships, intended to reduce state spending and improve the responsiveness of state efforts.

  • Read more about AZ, OH and WI Govs Move to Privatize State Economic Development

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

Nearly $200M Proposed for New Economic Development Corp in WI Budget

Wednesday, March 9, 2011

Established to focus solely on job creation and replace the state's Department of Commerce, Wisconsin's new public-private partnership would receive nearly $200 million over the next two years for operating expenses and to administer economic development programs. Lawmakers also will consider measures to improve existing tax programs focused on enhancing angel investments and eliminating capital gains taxes during the upcoming legislative session. Gov.

  • Read more about Nearly $200M Proposed for New Economic Development Corp in WI Budget

TBED People and Organizations

Wednesday, September 30, 2009

Kathy Collins has been appointed as the Wisconsin Entrepreneurs’ Network (WEN) regional director in Madison. Previously, Collins worked as the technology and financial development manager in the Commerce Division of Business Development.

Ron Cox has been appointed as the assistant dean for economic development in the engineering college at Iowa State University. He retains his current position as director of CIRAS, the Center for Industrial Research and Service.

  • Read more about TBED People and Organizations

Tech Talkin' Govs, Part III

Wednesday, January 27, 2010

The third installment of SSTI’s Tech Talkin’ Govs’ series includes excerpts from speeches delivered in Delaware, Maine, Missouri, New Hampshire, Ohio, Rhode Island, South Dakota, Utah and Wisconsin. The first and second installments are available in the Jan 13 Digest and Jan. 20 Digest, respectively.

  • Read more about Tech Talkin' Govs, Part III

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.

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

Strategy & Alliance Building: Reports Offer Two Visions for Wisconsin's Economy

Wednesday, August 4, 2010

Two recent reports from Wisconsin economic development organizations suggest different paths for the state's economic initiatives. A white paper from the Wisconsin Technology Council (WTC) lays out a plan to increase access to capital for Wisconsin entrepreneurs, create new workforce development strategies, improve the state's infrastructure and business climate, and implement technology development and transfer strategies. Another report calls for greater coordination and streamlining of Wisconsin's existing programs through the creation of two new entities with a statewide reach.

  • Read more about Strategy & Alliance Building: Reports Offer Two Visions for Wisconsin's Economy

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

TBED People

Wednesday, September 29, 2010

Neal Wade will resign his position as director of the Alabama Development Office in November and has been named senior vice president of economic development for St. Joe, one of Florida's largest real estate development companies.

  • Read more about TBED People

Reorganizing Department of Commerce Top Priority for Wisconsin Candidates

Friday, August 27, 2010

Both candidates for Wisconsin governor want to reorganize and refocus the state's agency for job creation. Tom Barrett (D) has proposed moving the Department of Commerce's economic development staff into a new Office of Job Creation headed by a director who would report directly to the governor. Scott Walker (R) would hire an experienced economic development professional to head up a newly consolidated agency that replaces the department.

  • Read more about Reorganizing Department of Commerce Top Priority for Wisconsin Candidates

Recession Aftermath: States Unveil Long-Term Plans to Boost Economy

Wednesday, September 23, 2009

The national recession that began at the end of 2007 is "very likely over," according to Federal Reserve Chairman Ben Bernanke. Recovery, however, may be a long way off. Because states were affected differently by the economic downturn in both timing and impact, recovery for state and local economies is likely to occur at different times. Moody's Economy.com predicts, according to an MSNBC article, that job growth will return first in five states: Colorado, Idaho, Oregon, Texas, and Washington.

  • Read more about Recession Aftermath: States Unveil Long-Term Plans to Boost Economy

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

People & TBED Organizations

Wednesday, May 7, 2008

Lori Broyles was appointed coordinator of the Women's Business Center in Oklahoma City.

  • Read more about People & TBED Organizations

$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

Two New Initiatives Aim to ‘Innovate’ and ‘Accelerate’ Wisconsin

Wednesday, January 9, 2008

Gov. Jim Doyle announced two new initiatives focusing on investments in manufacturing R&D and increasing angel and venture capital investment to grow new businesses.

 

  • Read more about Two New Initiatives Aim to ‘Innovate’ and ‘Accelerate’ Wisconsin

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