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Displaying 1 - 21 of 21
Authored on

Tech Talkin' Govs, Part V

Wednesday, February 9, 2011

The fifth installment of SSTI's Tech Talkin' Govs series includes excerpts from speeches delivered in Maryland, Montana, Oklahoma, Texas, and Utah. The first four installments are available in the Jan. 5, Jan. 12, Jan. 19 and Jan. 26 issues of the Digest.

  • Read more about Tech Talkin' Govs, Part V

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

Tech Talkin' Govs, Part IV

Wednesday, January 26, 2011

The fourth installment of SSTI's Tech Talkin' Govs series includes excerpts from speeches delivered in Alaska, Delaware, Hawaii, Michigan, Missouri, Nevada, and Vermont. The first three installments are available in the Jan. 5, Jan. 12 and Jan. 19 issues of the Digest.

  • Read more about Tech Talkin' Govs, Part IV

MD Gov Proposes $100M Venture Fund; Recommends 19% Increase for Stem Cell Research

Wednesday, January 26, 2011

Gov. Martin O'Malley last week unveiled details of his proposed $100 million venture fund announced last year during his re-election campaign as an initiative to grow the state's knowledge-based industries, particularly within the life sciences sector (see the June 9, 2010 issue of the Digest).

  • Read more about MD Gov Proposes $100M Venture Fund; Recommends 19% Increase for Stem Cell Research

Investments in University Research, TBED Consolidation Sought in Kansas

Wednesday, January 26, 2011

While seeking to spur economic growth through new investments in university-based research, Gov. Sam Brownback also proposes to consolidate the efforts of a longstanding program recognized for creating high-wage jobs and diversifying the state's economy. Under the governor's FY12 budget proposal, many of the programs currently managed by the Kansas Technology Enterprise Corporation (KTEC), which provides dedicated support for researchers, entrepreneurs and technology companies, would be transferred to the Department of Commerce.

  • Read more about Investments in University Research, TBED Consolidation Sought in Kansas

Tech Talkin' Govs, Part VI

Wednesday, February 23, 2011

The sixth installment of SSTI's Tech Talkin' Govs series includes excerpts from speeches delivered in Connecticut, Illinois, New Hampshire, New Jersey and North Carolina. The first five installments are available in the Jan. 5, Jan. 12, Jan. 19, Jan.

  • Read more about Tech Talkin' Govs, Part VI

Reductions to Current, Funding for New Programs Outlined in PA Budget

Wednesday, March 16, 2011

Gov. Tom Corbett's budget proposal for the upcoming fiscal year funds many of Pennsylvania's longstanding efforts to grow a technology-based economy, but at a reduced level. At the same time, the governor outlined new initiatives and investments centered on a restructured Department of Community and Economic Development (DCED) that he says will eliminate duplicative programs and better position the state to attract businesses for job creation.

  • Read more about Reductions to Current, Funding for New Programs Outlined in PA Budget

UT Budget Provides $25.7M for USTAR in FY12; $750,000 for Economic Clusters

Wednesday, March 23, 2011

The FY12 Business, Economic Development and Labor budget approved by lawmakers includes $25.7 million for USTAR, the state-funded initiative to grow a knowledge-based economy. This is the same amount recommended by Gov. Gary Herbert, but down from FY11 projected spending of $35.4 million. That amount included some ARRA funding from previous years, however. Research Teams will receive $23 million and $1.9 million is slated for Technology Outreach.

  • Read more about UT Budget Provides $25.7M for USTAR in FY12; $750,000 for Economic Clusters

Virginia Lawmakers Dedicate Additional Funding for TBED, Higher Ed

Wednesday, March 9, 2011

Lawmakers approved many of Gov. Bob McDonnell's proposals aimed at growing Virginia's technology and life sciences industries by dedicating about half of the funding requested by the governor to support R&D, commercialization, SBIR matching grants, and funding for early stage equity investments.

  • Read more about Virginia Lawmakers Dedicate Additional Funding for TBED, Higher Ed

Iowa Bioscience Report Urges More State Support for University Researchers, Facilities

Wednesday, April 6, 2011

Recruiting bioscience faculty to universities and investing in R&D infrastructure tops the list of strategies recommended for Iowa to capitalize on a growing bioscience economy. A report commissioned by Innovate Iowa also finds that while significant progress has been made in growing the state's bioscience industry over the last 10 years, declining state funds to build research capacity and provide seed and venture capital remains a challenge for bioscience companies and entrepreneurs to compete regionally and globally.

  • Read more about Iowa Bioscience Report Urges More State Support for University Researchers, Facilities

Grant Fund for Biotech Companies on Wisconsin's Legislative Agenda

Wednesday, October 5, 2011

Wisconsin Gov. Scott Walker is the latest governor to call a special session focused on economic development proposals he says will create jobs (see the Sept. 7, 2011 issue of the Digest). Gov. Walker issued the executive order last week, calling it a "Back to Work Wisconsin" special session.

  • Read more about Grant Fund for Biotech Companies on Wisconsin's Legislative Agenda

NYC Announces $100M Biotech Venture Fund, Creation of Medical Technology Institute

Thursday, December 12, 2013

New York City Deputy Mayor Robert Steel announced that it will establish a new $100 million venture fund for life sciences research according to Crain's New York. The city will invest an initial $10 million to establish the new biotech venture fund. The city already has an additional $40 million pledged from private-sector partners — Celgene, GE Ventures and Eli Lilly & Co. The city currently is seeking to partner with a venture-capital firm to manage the fund and invest at least $50 million to the fund.

  • Read more about NYC Announces $100M Biotech Venture Fund, Creation of Medical Technology Institute

Advocates Say New Law Will Encourage Research Partnerships in Arizona

Wednesday, April 4, 2012

Life sciences advocates in Arizona are celebrating the passage of HB 2272, a measure to tighten open records laws that require details of intellectual property be disclosed. Passage of the legislation will protect against the loss of current research contracts or the possibility of missed opportunities due to concerns over the state's previous law, according to a statement by the Arizona Bioscience Industry Association (AZBio).

  • Read more about Advocates Say New Law Will Encourage Research Partnerships in Arizona

Virginia Gov's Amendments Would Restore Funding for Research, Life Sciences

Wednesday, May 9, 2012

While touting broad support from lawmakers for his 2012 legislative agenda during the regular session, Gov. Bob McDonnell also expressed concern about several economic development and education initiatives left out of the 2012-14 biennial budget passed by lawmakers during a special session that ended last month. Just in time for the deadline, Gov. McDonnell submitted $43.9 million in budget amendments, which include restoring funds for research, life sciences and teacher recruitment.

  • Read more about Virginia Gov's Amendments Would Restore Funding for Research, Life Sciences

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

WA Legislature Dismantles Longstanding TBED Initiative, Reduces Funds for Research

Thursday, March 20, 2014

Just three years ago, lawmakers in Washington put into place a research and commercialization initiative designed as a public-private model to build on the work of two longstanding agencies and better serve the state’s innovation community. The program, Innovate Washington, was eliminated in the legislature during the 2014 session with the passage of HB 2029 and its responsibilities transferred to the state’s Department of Commerce. Funding to support research grants under the Life Sciences Discovery Fund is reduced in the supplemental budget agreement passed by lawmakers. Gov. Jay Inslee has until April 5 to act on the legislation.

  • Read more about WA Legislature Dismantles Longstanding TBED Initiative, Reduces Funds for Research

Legislative Wrap-Up: Lawmakers Dedicate Funds for TBED in CO, CT, VA

Wednesday, June 20, 2012

Unlike last year when a wave of new governors pushed sweeping proposals to re-organize economic development activities and grow the economy, the 2012 legislative sessions brought mostly modest changes for tech-based initiatives. While many programs were level funded or received smaller increases than in previous years, a handful of states increased funds or introduced new initiatives to support economic development efforts.

  • Read more about Legislative Wrap-Up: Lawmakers Dedicate Funds for TBED in CO, CT, VA

Tech Talkin’ Govs: Part I

Thursday, January 9, 2014

Now in its 14th year, SSTI's Tech Talkin' Govs series has returned as governors across the country formally convene the 2014 legislative sessions. The series highlights new and expanded TBED proposals from governors' State of the State, Budget and Inaugural addresses. The first edition includes excerpts from speeches delivered in Idaho, Kentucky, New York, Virginia, and West Virginia.

  • Read more about Tech Talkin’ Govs: Part I

Higher Education in the New Economy

Wednesday, August 17, 2011

As state and federal funding for higher education dwindles and the workforce needs of the new economy continue to shift, state and university officials are reevaluating how higher education is funded, its return on investment for the state, and how universities can better drive economic growth. Recent examples in New York, Ohio and Texas demonstrate how states are implementing new policies to adapt to the changing times.

  • Read more about Higher Education in the New Economy

Budget Round Up: States Address Higher Ed Affordability, Research Capacity, Workforce

Thursday, January 23, 2014

Several common themes surrounding higher education have emerged as governors across the country unveil investment priorities for the upcoming fiscal year or biennium. In many states, governors have proposed more funding to increase affordability by freezing tuition or creating new scholarship funds. Support for expanding research capacity, technology-related infrastructure and job training in high-demand industries are some of the proposed measures aimed at competitiveness.

  • Read more about Budget Round Up: States Address Higher Ed Affordability, Research Capacity, Workforce

NY Budget Proposes New Genomic Medicine Network, STEM Scholarship

Tuesday, January 28, 2014

The FY15 budget proposal outlined last week by Gov. Andrew Cuomo would provide funding to continue many of New York’s innovation-focused efforts while investing in new initiatives, including a genomic medicine network and STEM scholarship program.

  • Read more about NY Budget Proposes New Genomic Medicine Network, STEM Scholarship

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