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Displaying 76 - 100 of 192
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People on the Move & TBED Organization Updates

Friday, February 14, 2014

Patrick Gallagher has been named the 18th chancellor and chief executive officer of the University of Pittsburgh. Gallagher currently serves as acting deputy secretary of the U.S. Department of Commerce and director of the National Institute of Standards and Technology.

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Highly Educated Workers Gravitate To, Between New York, Los Angeles and Chicago

Thursday, February 20, 2014

Los Angeles County (CA), New York County (NY) and Cook County (IL) topped the list of places where people older than 25 with graduate or professional degrees moved to between 2007 and 2011, according to the latest data from the U.S. Census Bureau’s County-to-County Migration Flows Tables. Middlesex County (MA) and Fairfax County (VA) also ranked among the top destinations for highly educated transplants. The Census report provides data on domestic migration at the county level, including data on income and educational attainment.

  • Read more about Highly Educated Workers Gravitate To, Between New York, Los Angeles and Chicago

Community Colleges Announce Free Tuition Plans; TN Promise Remains Under Microscope in State, Nation

Thursday, September 17, 2015

Since the establishment of the Tennessee Promise in 2014, the first statewide free community college effort, community college systems and states are outlining their own strategies to make a two-year education free for students in their region in attempt to create an educated, qualified workforce that addresses the needs of industry and promotes economic prosperity. While it may remain too early to judge the benefits and the costs of these programs – lawmakers and educational professionals remain divided on the issue. 

  • Read more about Community Colleges Announce Free Tuition Plans; TN Promise Remains Under Microscope in State, Nation

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

MI and VA see increases in TBED budget, while MA Gov vetoes some line items

Thursday, July 20, 2017

Funding for TBED programs took a hit under Massachusetts Gov. Charles Baker, who vetoed millions of dollars in programs that the legislature had approved in the FY 2018 state budget. Michigan programs fared better with funding maintained to diversify the state’s economy and funding for entrepreneurship ecosystems getting a boost. And in Virginia, after a messy budget process addressing an addendum to its biennial budget, many innovation programs saw increases.

Massachusetts

Funding for TBED programs took a hit under Massachusetts Gov. Charles Baker, who vetoed millions of dollars in programs that the legislature had approved in the FY 2018 state budget. Michigan programs fared better with funding maintained to diversify the state’s economy and funding for entrepreneurship ecosystems getting a boost. And in Virginia, after a messy budget process addressing an addendum to its biennial budget, many innovation programs saw increases.

  • Read more about MI and VA see increases in TBED budget, while MA Gov vetoes some line items

MA Gov proposes $500M for life sciences

Thursday, June 29, 2017

Massachusetts Gov. Charlie Baker announced a legislative proposal that would provide $500 million over five years for the life sciences sector, extending the state’s commitment to the biotech and medical technology industry. The money would be used for strategic investments in public infrastructure, research and development, workforce training and education.

  • Read more about MA Gov proposes $500M for life sciences

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

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

Classified Research at MIT Should Be Off Campus, Panel Recommends

Friday, October 18, 2002

A Massachusetts Institute of Technology faculty committee has suggested that the university provide off-campus facilities to help faculty perform classified public service or research involving the nation’s security. In the Public Interest, a report of the Ad Hoc Faculty Committee on Access To and Disclosure of Scientific Information of MIT, presents recommendations for the university in handling classified work in the wake of the September 11 attacks.

  • Read more about Classified Research at MIT Should Be Off Campus, Panel Recommends

Regional Councils in Massachusetts to Spur Job Growth

Friday, February 21, 2003

Massachusetts Governor Mitt Romney recently announced a plan to spur job growth in the state by tapping the expertise of area business, community and education leaders through Regional Competitiveness Councils. Six such councils will represent the Berkshires, Cape and Islands, Central, Northeast, Pioneer Valley and the Southeast regions of the state.

  • Read more about Regional Councils in Massachusetts to Spur Job Growth

IT, Biotech Positioning in Massachusetts

Friday, January 24, 2003

Many states and communities are focusing their limited technology-based economic development funds toward cluster development, concentrating on those sectors in which some assemblage already exists within the jurisdiction. Proponents of the approach suggest the public sector is able to maximize its investments in those areas already showing some strength.

  • Read more about IT, Biotech Positioning in Massachusetts

Institute for Government Innovation Launches 17th Annual Awards

Friday, April 4, 2003

The Institute for Government Innovations has announced it is accepting applications for the 17th Annual Innovations in American Government Awards, ultimately to identify outstanding examples of creative problem solving in the public sector.

  • Read more about Institute for Government Innovation Launches 17th Annual Awards

Boston's Blessing: A Cluster of University-based Research Activity

Friday, March 28, 2003

Most practitioners who have been in the tech-based economic development field long enough know the presence of a strong research university can make the job much easier. New innovations and technologies to commercialize through licensing and spinoff companies, research facilities and experts to partner with local companies, and a constant supply of fresh graduates for the workforce are just a few of the benefits a research institution can offer the local and regional economy.

  • Read more about Boston's Blessing: A Cluster of University-based Research Activity

People

Monday, February 20, 2006

Harvard University President Lawrence Summers announced his resignation this afternoon. Former Harvard president Derek Bok is to serve as interim president for the university.

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TBED People News

Friday, August 9, 2002

The Massachusetts Technology Council named Carol Meier as its new Executive Director, succeeding Katherine Raphaelson who is relocating to Washington D.C.

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TBED RoundUp

Friday, August 2, 2002

Columbus Tech Councils Merge

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TBED People

Friday, July 26, 2002

Louis Soares, project manager for workforce development at the Rhode Island Technology Council (RITEC), is leaving to accept a fellowship at the JFK School of Government at Harvard University.

  • Read more about TBED People

People

Monday, February 27, 2006

Douglas Foy, Secretary for Commonwealth Development for Massachusetts, announced his resignation effective in March.

  • Read more about People

Harvard Awards Program Seeks Innovators for 2002 Competition

Friday, April 5, 2002

The Institute for Government Innovation at Harvard University's John F. Kennedy School of Government recently announced open competition for its 2002 annual awards program.



  • Read more about Harvard Awards Program Seeks Innovators for 2002 Competition

Harvard Institute Publishes Profiles on State Economies

Friday, March 22, 2002

As a means of highlighting the performance and composition of state economies, Harvard's Institute for Strategy and Competitiveness, led by Dr. Michael Porter, has published profiles on all 50 states and the District of Columbia.



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Massachusetts House Announces $110M Plan to Encourage TBED

Friday, July 11, 2003

Details on a $110 million initiative to create more jobs and stimulate the Massachusetts economy were released yesterday by Massachusetts House Speaker Tom Finneran and other state leaders. The initiative, Mass Jobs: Investment and Opportunity, is an innovation-friendly plan to streamline government functions and encourage growth in emerging technology through capital formation, regional development, and stability in regulation and taxation.

  • Read more about Massachusetts House Announces $110M Plan to Encourage TBED

Universities Seek External Funds for Big Data R&D Centers

Thursday, August 25, 2016

The big data technology and services market is expected to grow at a compound annual rate of 23.1 percent over the 2014-2019 forecast period, with annual spending projected to reach$48.6 billion in 2019, according to a 2015 study from IDC – a market research firm. Hoping to leverage this exponential growth into research and economic development opportunity, several universities are fund raising to establish new big data R&D Centers in the communities they serve.

  • Read more about Universities Seek External Funds for Big Data R&D Centers

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.
 

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Recent news from SSTI Weekly Digest

What the proposed redefinition of “professional degrees” might mean for institutions, sectors, and workforce pipelines

Monday, November 24, 2025

The federal student loan landscape is undergoing its most sweeping restructuring in decades. Under the One Big Beautiful Bill Act (OBBBA) of 2025 and the U.S. Department of Education’s (ED's) proposed regulations, the definition of “professional degree” is being reinterpreted, sharply reducing the number of students eligible for the higher federal loan caps reserved for professional training.

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Recent Research: Do mergers and acquisitions spur more or less innovation?

Monday, November 24, 2025

With fewer than 1,000 Initial Public Offerings in any year, the most common exit strategy for investors in early-stage innovation firms is to find an acquisition opportunity. For the broader economic goal of encouraging innovation because it drives growth and societal progress, when large firms acquire smaller, innovative companies, does it promote innovation, or does it primarily help dominant players thwart possible competition and consolidate market power?

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TBED Works: TBED organization supports the creation of entrepreneurship ecosystems throughout Indiana

Monday, November 24, 2025

Technology-based economic development organizations work with economic development professionals throughout the U.S. to help build their local innovation and entrepreneurship ecosystems. Sometimes, bringing in outside expertise with established networks to R&D and finance can accelerate the local capacity to support innovation-driven startups. gener8tor, a venture capital and startup accelerator founded in Wisconsin, is one such example of external partners supporting TBED capacity building anywhere.

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