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Type

  • weekly_digest (400)
Displaying 326 - 350 of 400
Authored on

New Initiative Intended to Support the Growth of Startup Capital in Kansas City Region

Thursday, June 4, 2015

Kansas City is leaving millions of dollars on the table, funding that could fuel early-stage startups that are the key to creating jobs and economic growth, according to a new report from KCSourceLink and its partners. The report will serve as a roadmap to a new capital initiative led by the Kauffman Foundation; several regional economic and community development organizations; and, other stakeholders in the Kansas City metro region.

  • Read more about New Initiative Intended to Support the Growth of Startup Capital in Kansas City Region

New Programs in St. Louis, Twin Cities Connect Startups With Corporations

Thursday, August 27, 2015

Recently announced programs in the St. Louis and Minneapolis-St. Paul regions offer startups and major corporations new chances to connect and work together. Pioneered by Illinois’ Corporate Startup Challenge, these types of programs seek to build bridges between important components of the innovation ecosystem: revolutionary new products and services and established market leaders.

  • Read more about New Programs in St. Louis, Twin Cities Connect Startups With Corporations

Maryland Fund Aims for 40 New Discoveries a Year

Wednesday, April 18, 2012

A new fund established to capitalize on Maryland's leadership in R&D seeks to move 40 new discoveries and innovations out of the lab and into the marketplace each year through a partnership between the state and five universities. The Innovate Maryland initiative is seeded with $5 million in the FY13 budget with additional funds from the participating universities to provide grants to researchers. The Maryland Technology Development Corporation (TEDCO) will administer the fund.

  • Read more about Maryland Fund Aims for 40 New Discoveries a Year

TBED People & Orgs

Wednesday, June 13, 2012

Richard Bendis has been named the first president and CEO of BioHealth Innovation, Inc. a regional private-public partnership focusing on commercializing market-relevant biohealth innovations and increasing access to early stage funding in Central Maryland.

  • Read more about TBED People & Orgs

Kansas City Collaboration To Help Region Compete in Healthcare Contract Research

Wednesday, June 6, 2012

The Kansas Bioscience Authority (KBA) has launched a collaborative partnership of more than 90 contract research organizations (CROs) to help the region compete in the pharmaceutical and medical device industries. BioResearch Central will help promote the Greater Kansas City region as a destination for pharmaceutical R&D at a time when drug companies are increasingly looking overseas for their contract research needs.

  • Read more about Kansas City Collaboration To Help Region Compete in Healthcare Contract Research

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

Missouri Gov Launches Five-Year Cluster Plan

Wednesday, April 13, 2011

Governor Jay Nixon has released the final report from a year-long effort to design a five-year economic strategy for Missouri. The report identifies seven target clusters for development, including advanced manufacturing, energy solutions, biosciences, health sciences and services, information technology, financial and professional services, and transportation and logistics. Recommendations include a new science and technology/innovation fund, an R&D tax credit, an angel investment tax credit and cluster-based career training.

  • Read more about Missouri Gov Launches Five-Year Cluster Plan

Maryland Passes Venture Capital Bill and Releases Innovation-Oriented Five-Year Plan

Wednesday, April 20, 2011

Last week, Maryland Gov. Martin O'Malley released the results of 18 months of work by the Maryland Economic Development Commission (MEDC), laying out the state's strategy for economic growth over the next five years. MEDC's five-year plan provides many economic development policy recommendations, but lists innovation, commercialization and entrepreneurship as the first three foundations for growth. Part of this strategy includes the implementation of InvestMaryland, a recently passed initiative that would generate more than $70 million for seed and growth stage companies.

  • Read more about Maryland Passes Venture Capital Bill and Releases Innovation-Oriented Five-Year Plan

Maryland Budget Supports Tech and Biotech Industries

Wednesday, May 4, 2011

In support of Gov. Martin O'Malley's Bio 2020 Initiative, lawmakers increased funding for stem cell research and provided $8 million in tax credits for biotechnology investments in the FY12 budget approved last month. Lawmakers also passed a bill providing a two-year eligibility extension for companies using the biotech tax credit and allocated $2.4 million to fund nanobiotechnology projects.

  • Read more about Maryland Budget Supports Tech and Biotech Industries

More Funding for Higher Ed, STEM in State Budget Plans

Friday, December 20, 2013

As the outlook for general revenue funds improves in many states, governors are looking to boost investment in higher education and STEM as a means for growing the economy and enhancing the workforce. Universities' economic return to states can be quite impactful.

  • Read more about More Funding for Higher Ed, STEM in State Budget Plans

Missouri Technology Corp to Administer New Grants, Gets $5M Boost for Core Programs

Thursday, June 12, 2014

With nearly $10 million in additional funding for the upcoming year, the public-private Missouri Technology Corporation (MTC) will receive a boost in support for core programs and new resources to administer early stage business grants. MTC invests in emerging high-tech companies with a focus on bioscience industries.

  • Read more about Missouri Technology Corp to Administer New Grants, Gets $5M Boost for Core Programs

Study Examines the Impact of Policy Dynamics on University Innovation in Three Southern States

Thursday, June 12, 2014

In a recent comparative study of state S&T policy dynamics in Georgia, Missouri and Texas, authors Jarrett Warshaw and James Hearn examine the nature of state efforts intended to bring together government, universities and industry to support innovation at publically funded universities and spur economic development.

  • Read more about Study Examines the Impact of Policy Dynamics on University Innovation in Three Southern States

TBED People On The Move

Thursday, June 19, 2014

Spencer Eccles, executive director of the Utah Governor's Office of Economic Development, is departing state government to form a private investment company.

Travis Sheridan, currently the assistant vice president for innovation and entrepreneurship for the St. Louis Economic Development Partnership, will become the new executive director of the Venture Café Foundation.

  • Read more about TBED People On The Move

Manufacturing Resurgence Attracts Attention of State Legislatures

Thursday, June 26, 2014

The recent uptick in U.S. manufacturing activity, along with the attention generated by additive manufacturing and the Makers movement, has led to an increase in state initiatives to help cash in on this growth. In recent months, New York, Connecticut, Maryland, and Arizona have all taken steps to build stronger manufacturing sectors through research collaborations, grants and tax credits. Leaders in Colorado and New Jersey have pursued their own cluster-specific efforts to build stronger high-tech industries.

  • Read more about Manufacturing Resurgence Attracts Attention of State Legislatures

Lab Space, Commercialization Support Backed by State Governments

Thursday, June 26, 2014

State legislators in many parts of the country took action this year to fund the construction of research infrastructure and provide financial support for commercialization. In Kansas, New York, Georgia, Maine and Wyoming, legislators funded the construction of laboratories and other innovative spaces at public universities to boost the high-tech economy. In Colorado, Maryland and a number of universities, new initiatives were rolled out to support public-private research collaborations and the commercialization of cutting-edge technology.

  • Read more about Lab Space, Commercialization Support Backed by State Governments

Lawmakers Tackle Workforce, STEM and Higher Ed Policy

Thursday, June 26, 2014

Addressing accessibility, affordability and ensuring workforce preparedness topped legislators’ agendas in many states during the 2014 sessions. States and regions are increasingly competing for talent as the trend toward growing and nurturing innovation ecosystems continues.

  • Read more about Lawmakers Tackle Workforce, STEM and Higher Ed Policy

States Shift Priorities Toward Long-Term Research Capacity Building

Thursday, June 26, 2014

With an eye toward long-term payoffs associated with investments in research, lawmakers dedicated funds and strengthened ties with industry partners. Some states made significant investments in facilities and R&D to grow cancer research capabilities, while others looked to universities to establish new avenues for discovery or attract star researchers. In Washington, the life sciences community banded together to save a nine year-old grant fund that invests in R&D and helps the state remain competitive.

  • Read more about States Shift Priorities Toward Long-Term Research Capacity Building

Award Winning TBED Groups Garner Praise, Support to Expand Reach

Wednesday, April 2, 2014

SSTI Excellence in TBED award winners produce real results that are changing the landscape of their communities, expanding infrastructure to grow high-tech sectors and improving the competitiveness of their regions. Their efforts haven’t gone unnoticed in the broader innovation community. Over the past couple of months, award winners have grabbed headlines – and funding – for their impressive work. U.S. Secretary of Commerce Penny Pritzker stopped by Clemson University’s Center for Automotive Research to tout its success in workforce development. In St. Louis, Monsanto recently awarded $2.5 million to BioSTL to support bioscience startups and, in Arizona, a $1 million grant will help fund ASU accelerator programs.

Help us spread the news about the program! SSTI’s open call for applications for the 2014 Excellence in TBED awards is April 16.

  • Read more about Award Winning TBED Groups Garner Praise, Support to Expand Reach

MD Session Ends on High Note for Tech Sector, University-based Economic Development

Wednesday, April 16, 2014

The FY15 budget bill passed by Maryland lawmakers increases funding for three of the state’s high-tech tax credits and provides level funding for continued innovation-focused investments. Lawmakers also passed bills to fund endowed chairs, create zones to incentivize businesses, and establish a statewide internship program connecting students to small, technology businesses.

  • Read more about MD Session Ends on High Note for Tech Sector, University-based Economic Development

St Louis Targets Entrepreneurs, Foreign-Born Residents for Economic Growth

Thursday, May 29, 2014

The St. Louis Economic Development Partnership, a group created when the St. Louis County Economic Council and the city’s St. Louis Development Corp. merged last year, has released an ambitious economic strategy for the region. Planners are calling for collaboration between the region’s economic development organizations and startup initiatives, such as Accelerate St.

  • Read more about St Louis Targets Entrepreneurs, Foreign-Born Residents for Economic Growth

States scramble to negotiate final budgets; DE, LA, ME, MO, NH, VT and WA reviewed for innovation funding

Thursday, July 6, 2017

With a July 1 start to the fiscal year in most states, several states that were at an impasse over their budget faced at least partial shutdowns. Last minute negotiations restarted services in both Maine and New Jersey, while Illinois, which has been operating without a budget since 2015, faces threats of a downgrade in their credit rating if a deal cannot be reached. This week we present our findings of innovation funding from seven states, including $2 million in funding for a new public-private economic development organization in Delaware, an increase in funding in Louisiana for the state’s scholarship program for higher ed, and cuts to higher ed funding in Missouri, which also saw a severe drop in its funding to the Missouri Technology Corporation. Efforts in Maine, New Hampshire, Vermont and Washington are also detailed below.

  • Read more about States scramble to negotiate final budgets; DE, LA, ME, MO, NH, VT and WA reviewed for innovation funding

2014 Bills Tackle Crowdfunding, Tax Credits, Startup Capital and More

Tuesday, February 18, 2014

Several bills aimed at supporting startups, advancing research and improving the workforce have been introduced with the start of the 2014 sessions. Some of the proposed legislation offers a glimpse into the investment priorities of governors and lawmakers in the wake of economic recovery. Providing innovative companies with access to startup funds is a continued theme from previous years. Some states are seeking to expand tax credits for angel investors or offer new tax credits to encourage emerging industries. Other bills focus on generating more skilled workers quickly and positioning universities to enhance regional economic competitiveness.

  • Read more about 2014 Bills Tackle Crowdfunding, Tax Credits, Startup Capital and More

TBED People and Orgs

Wednesday, June 12, 2013

Yuka Nagashima, executive director of the High Technology Development Corp. and center director for the Innovate Hawaii program, has resigned from both posts and will leave the state agency in August. Nagashima will be leaving for Denmark to support her husband's research career. Len Higashi, current senior economic development manager, was selected to become the acting executive director.

  • Read more about TBED People and Orgs

St. Louis Launches $100M Initiative to Strengthen Innovation Ecosystem

Wednesday, June 19, 2013

Business, civic, and political leaders in St. Louis are coming together to raise $100 million in private funds over the next five years to support the Regional Entrepreneurial Initiative, a new effort aimed at helping emerging regional businesses grow and thrive. The project was launched with funding from the federal government and will draw on several ongoing fundraising initiatives in the community.

  • Read more about St. Louis Launches $100M Initiative to Strengthen Innovation Ecosystem

R&D Tax Credits in Many States Seek to Help Business Development, Innovation

Wednesday, July 17, 2013

A number of states recently have taken action to expand R&D tax credits and other legislation that would support innovation, commercialization and manufacturing. Hawaii, California, Maryland, Texas, and Florida have signed into law tax incentives and R&D tax credits and an R&D tax credit in New Hampshire went into effect.  The Maine legislature also passed a capital tax credit that will begin in 2014.

  • Read more about R&D Tax Credits in Many States Seek to Help Business Development, Innovation

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