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Type

  • weekly_digest (289)
Displaying 151 - 175 of 289
Authored on

Tech Agenda, Billion Dollar Green Bank Top NY Gov's Economic Growth Plan

Wednesday, January 9, 2013

Innovation was a key term used in Gov. Andrew Cuomo's State of the State address and is referenced heavily throughout his economic development agenda for the upcoming year. The governor proposed creating innovation hot spots, an innovation network and innovation venture capital fund. Efforts would be focused on accelerating technology transfer and providing funds to attract startup companies. Cleantech investments and support for competitive university-based projects that emphasize economic impact also are a priority for the governor.

  • Read more about Tech Agenda, Billion Dollar Green Bank Top NY Gov's Economic Growth Plan

New York Commits $15M to Establish Clean Energy Proof-of-Concept Centers

Wednesday, January 9, 2013

The New York State Energy Research and Development Authority (NYSERDA) announced that it will commit a total of $15 million to Columbia University, the Polytechnic Institute of New York University (NYU-Poly) and High Tech Rochester to create three proof-of-concept centers focused on turning university-developed, clean energy ideas into successful businesses. Each regional center will receive $5 million in seed money over the next five years, cost-sharing required, with the expectation of being self-sustaining once NYSERDA funding ends.

  • Read more about New York Commits $15M to Establish Clean Energy Proof-of-Concept Centers

Government Info Fuels Open Data Entrepreneurship

Wednesday, January 16, 2013

A new article from Governing magazine is promoting free digital access to public information, or “Open Data,” as a pathway for promoting entrepreneurship and government cost-savings. When governments release free digital public records entrepreneurs can use the information to create apps that provide valuable and profitable services to consumers.

  • Read more about Government Info Fuels Open Data Entrepreneurship

Regional High-Tech Incubators, $50M VC Fund Win Support from NY Lawmakers

Wednesday, April 3, 2013

With a continued push toward regionalism to better support the state's high-tech platform, lawmakers approved in the FY14 budget startup funding for a new statewide incubator program that provides grants for the incubators and tax incentives for client companies. The initiative is part of Gov. Andrew Cuomo's planned expansion for the state's 10 regional councils.

  • Read more about Regional High-Tech Incubators, $50M VC Fund Win Support from NY Lawmakers

NY Gov Unveils Tax-Free Zones at SUNY Campuses

Wednesday, May 22, 2013

Businesses on SUNY campuses outside of New York City, and on certain designated private campuses, will be exempt from sales, property and corporate state taxes under a new initiative unveiled this week by New York Gov Andrew Cuomo. In addition, employees of these businesses will be exempt from income taxes. Eligible businesses must have a relationship with the host university related to its academic mission. The state will offer an additional 3 million square free of tax-free commercial space at New York private universities as part of the Tax-Free NY initiative.

  • Read more about NY Gov Unveils Tax-Free Zones at SUNY Campuses

New York Launches $25 Million Grant Program to Spur Broadband Development

Wednesday, August 29, 2012

New York Governor Andrew Cuomo announced that the state has started accepting applications for the $25 million "Connect NY" program to promote and expand broadband Internet access. The grants will be awarded to public-private partnerships comprised of internet service providers, local governments and economic-development organizations.

  • Read more about New York Launches $25 Million Grant Program to Spur Broadband Development

States, Universities Seek Support for Research Infrastructure

Wednesday, September 26, 2012

Whether to attract federal grants, keep up with demand to graduate more highly skilled students, or advance the capabilities for research and exploration, universities are pushing for state funding to invest in science buildings and other infrastructure needed to expand research capacity and improve competitiveness. In New Jersey, a measure to approve $750 million in higher education borrowing to build and renovate campus facilities will go to the voters in November.

  • Read more about States, Universities Seek Support for Research Infrastructure

TBED and the 2012 Ballots

Wednesday, October 3, 2012

Voters in 37 states will decide on more than 170 ballot measures this year, many of which are related to tech-based economic development (TBED). Tax measures seem to be dominating ballots this year, with questions relating to both decreases and increases for sales, property and income taxes. Several states are counting on voters to agree to temporary increases to help fill budget deficits and ensure steady funding for education.

  • Read more about TBED and the 2012 Ballots

$20M Awarded to 10 Public-Private Regional Partnerships Geared towards Advanced Manufacturing Initiatives

Wednesday, October 10, 2012

The Obama administration announced winners of the Advanced Manufacturing Jobs and Innovation Accelerator Challenge on Tuesday. The challenge — publicized earlier this year — is one of the key initiatives of the interagency Taskforce for the Advancement of Regional Innovation Clusters and is sponsored by a partnership between the U.S. Department of Commerce, the National Institute of Standards and Technology, the Departments of Energy and Labor, and the Small Business Administration.

  • Read more about $20M Awarded to 10 Public-Private Regional Partnerships Geared towards Advanced Manufacturing Initiatives

Voters Reject Tax Increases, Back Bonds for Higher Ed

Wednesday, October 24, 2012

While election night's main focus was on the presidential race, the importance of ballot measures for states and metros is growing as public services and budgets are being severely trimmed. A recent article in The New Republic reports on a new trend where states are embracing ballot measures as a potential source of dedicated funds for targeted investments in regional economic growth and development.

  • Read more about Voters Reject Tax Increases, Back Bonds for Higher Ed

Oregon Innovation Efforts to get 56% Boost in Gov's Budget

Wednesday, December 5, 2012

Encouraged by promising commercialization efforts, new companies created and an impressive leverage of outside funding, Gov. John Kitzhaber has proposed a more than 50 percent increase in Oregon innovation efforts through the state's signature research centers. The governor's budget proposal for 2013-15 also includes funding to address small business capital needs and to better align workforce programs with employer needs. Calling his two-year spending plan an “education investment budget,” Gov.

  • Read more about Oregon Innovation Efforts to get 56% Boost in Gov's Budget

Seven States Selected to Identify, Implement Strategies for Enhancing Manufacturing

Wednesday, October 12, 2011

A newly established policy academy providing guidance and technical assistance will help seven states improve their environment for innovation and align state R&D investments, workforce development and education systems with current and future needs of advanced manufacturing industries. The policy academy will help each state develop a plan or overcome barriers for putting a plan into action through a highly interactive team-based process that includes input from NGA, MEP, EDA, SSTI, private sector consultants, and research organizations.

  • Read more about Seven States Selected to Identify, Implement Strategies for Enhancing Manufacturing

NY Leaders Award $200M for Regional Job Creation Strategies

Wednesday, December 7, 2011

On Thursday, New York Governor Andrew Cuomo's administration announced the winners of a six-month competition to secure funding for regional job creation projects. Over the summer, ten regional economic councils were created by executive order to develop plans that would improve local economies using grants, tax breaks and other state resources. The councils then pitched their plan to state government leaders (presentations and applications are available online).

  • Read more about NY Leaders Award $200M for Regional Job Creation Strategies

Incubator RoundUp

Wednesday, December 21, 2011

Finding new and creative ways for high-tech companies to succeed is an important component in business incubation. A recent study examining best practices for supporting new company formation finds it is the synergy among multiple practices, policies and services that produces optimal outcomes. At the same time, collecting standardized measures, reporting on progress annually, conducting external independent evaluations, tracking programs, and continuing to enhance practices are singled out as important policy implications.

  • Read more about Incubator RoundUp

Tech Talkin' Govs: Part I

Wednesday, January 11, 2012

SSTI's Tech Talkin' Govs series has returned for its 12th annual edition. The series highlights new and expanded TBED proposals from governors' State of the State, Budget and Inaugural addresses across the nation. The first installment includes excerpts from speeches delivered in Georgia, Iowa, New York, Kentucky, South Dakota, Vermont, and Virginia. Georgia Gov. Nathan Deal, State of the State Address, Jan. 10, 2012 "... I want to announce two ambitious goals.

  • Read more about Tech Talkin' Govs: Part I

NY Gov Unveils $1B Broadband Initiative, Report Highlights Success of Federal Investments in Broadband PPPs

Wednesday, January 21, 2015

New York Gov. Cuomo unveiled a $1 billion public-private broadband program to ensure every New Yorker has access to high-speed Internet by 2019. Utilizing capital funds from bank settlements, the state will commit $500 million to the New NY Broadband Program with the intent of incentivizing the private sector to invest the additional $500 million to expand high-speed broadband access in underserved and unserved areas. To receive funding, the proposed plan must meet three qualifications:

  • Read more about NY Gov Unveils $1B Broadband Initiative, Report Highlights Success of Federal Investments in Broadband PPPs

NY Gov. Proposes $1.5B for Upstate Revitalization, Statewide Economic Initiatives

Thursday, January 22, 2015

This week, New York Gov. Andrew Cuomo released his proposed 2015-16 budget, including an extensive slate of economic development and innovation initiatives for the state. The governor unveiled his plans in a press conference outlining his 2015 Opportunity Agenda in lieu of this year’s State of the State address. Gov.

  • Read more about NY Gov. Proposes $1.5B for Upstate Revitalization, Statewide Economic Initiatives

Have State Stem Cell Programs Been Effective in Boosting Research?

Thursday, February 19, 2015

Over the past decade stem cell research has been touted as a game-changer in the life sciences and a potential fount of new biomedical innovations. As a result, several states have launched targeted programs to support stem cell research, despite the controversy that tends to surround the field. New research suggests that these programs have been effective at increasing the output of researchers in their respective states.

  • Read more about Have State Stem Cell Programs Been Effective in Boosting Research?

Useful Stats: Share of U.S. Venture Capital Investment by State, 2009-2014

Thursday, February 26, 2015

California-based companies received about 56 percent of all U.S. venture capital dollars in 2014, the state's highest share of venture activity since the dot com boom of the early 2000s. Over the past 15 years, investment activity has steadily become more concentrated in California and a few other states. In 2009, about 67 percent of all deals and 74 percent of venture capital dollars flowed to the top five states. By 2014, those states' share of venture dollars grew to 80 percent, according to NVCA/Pricewaterhouse Coopers data.

  • Read more about Useful Stats: Share of U.S. Venture Capital Investment by State, 2009-2014

AR, NY Legislatures Approve Economic Development Spending

Thursday, April 2, 2015

Over the past few months, SSTI has followed proposals issued by governors in their budget requests, State of the State Addresses, Inaugural Speeches and other events. Now that many state legislatures have begun approving budgets, the Digest will check on the status of these proposals, and examine the state of technology-based economic development funding in the states. This week, we review actions in Arkansas, Mississippi and New York.

  • Read more about AR, NY Legislatures Approve Economic Development Spending

Oregon lets R&D tax credit expire – will others follow?

Thursday, October 26, 2017

At least three dozen states offer reductions in tax obligations to companies for some portion of the costs of the businesses conducting research and development within their particular state. During the 2017 session, one fewer could be included among the ranks. With little documented opposition, the Oregon legislature decided to get out of the R&D tax credit business altogether (p. 41, source).  Why? Are there lessons for other states’ advocates for innovation?

  • Read more about Oregon lets R&D tax credit expire – will others follow?

States of Innovation 2017: Free tuition moving into more state toolboxes

Thursday, October 12, 2017

This week we continue our series on state legislation pertaining to the innovation economy that has been enacted this year around the country. This second installment of the States of Innovation 2017 series deals with free tuition.

This week we continue our series on state legislation pertaining to the innovation economy that has been enacted this year around the country. This second installment of the States of Innovation 2017 series deals with free tuition.

A number of states took action to increase the education and skills of their workforce by implementing free or greatly reduced tuition programs at either community colleges or state colleges. The move to increase access to higher education while not new, took up increased urgency this year. With Arkansas, Florida, Kentucky, New York, North Carolina, Rhode Island and Tennessee all taking action this past year, Maine and North Carolina were among others considering other options but as of today’s publication not moving the proposals forward.

  • Read more about States of Innovation 2017: Free tuition moving into more state toolboxes

TBED Issues Considered in State Budgets

Thursday, December 8, 2016

As new and supplemental state budgets are being proposed, SSTI is monitoring the proposals and will report on developments impacting prosperity through science, technology, innovation and entrepreneurship. The first budgets released – from Colorado, Mississippi, Oregon and Wyoming – represent a mixed bag with new initiatives proposed in three states and program elimination in the fourth.

  • Read more about TBED Issues Considered in State Budgets

New York Investing $550 Million in Life Sciences Through 10-year Initiative

Wednesday, December 14, 2016

Gov. Andrew Cuomo proposed a new initiative this week to grow the life science research cluster throughout the state, pledging $550 million through a variety of programs including tax incentives, state capital grants, and investment capital with an expected match of $100 million from private sector partnerships for operating support.

  • Read more about New York Investing $550 Million in Life Sciences Through 10-year Initiative

New manufacturing hubs awarded in NY, NH

Thursday, January 5, 2017

Two new hubs have been announced in the Manufacturing USA network, one focusing on sustainable manufacturing innovation and the other on tissue biofabrication, bringing the total network of institutes to 13 since its inception four years ago.

  • Read more about New manufacturing hubs awarded in NY, NH

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