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Displaying 1 - 21 of 21
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Nebraska Government Expands Tax Credit for R&D at Universities, Requests Biotech Plan

Wednesday, June 10, 2009

During the last week of the legislative session, Nebraska Gov. Dave Heineman signed two bills into law - one dealing with R&D tax credits and the other authorizing the development of a statewide biotechnology strategic plan.

  • Read more about Nebraska Government Expands Tax Credit for R&D at Universities, Requests Biotech Plan

Health Care Bill Includes 50 Percent Credit for Biotech Research

Wednesday, May 5, 2010

During the debates over the Patient Protection and Affordable Care Act, also known as the Health Care Reform Bill, there was much discussion of whether or not reform would hinder innovation in pharmaceuticals and medicine. As a result, the final legislation included some measures to support research and commercialization in the life science. One such measure, the Therapeutic Discovery Project Credit, offers a 50 percent tax credit or cash grant for qualifying research projects and small- and medium-sized companies.

  • Read more about Health Care Bill Includes 50 Percent Credit for Biotech Research

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

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

AK Gov’s Capital Budget Includes $109.5M for Life Sciences Facility

Wednesday, December 16, 2009

To help train future scientists and support cutting-edge research in health and environmental issues, Alaska Gov. Sean Parnell is recommending $109.5 million in the FY11 capital budget for the University of Alaska Life Sciences Facility in Fairbanks. The multi-purpose teaching and research facility would house the Department of Biology and Wildlife and accommodate a wide-range of research programs, reports Fairbanks Daily News-Miner.

  • Read more about AK Gov’s Capital Budget Includes $109.5M for Life Sciences Facility

Research Institute Struggles Raise Questions About Big Dollar Recruitment Approaches

Thursday, June 23, 2016

Because a research base that generates new knowledge is a key pillar of a technology-based economy, an important strategy in technology-based economic development is the expansion of research capacity. While states may go about addressing this in a variety of ways (e.g., R&D tax-credits, university-industry partnerships, recruiting eminent scholars), Florida drew national attention when it took a different approach last decade, allocating more than $450 million to attract nine research institutes through its Innovation Incentive Program (IIP).

  • Read more about Research Institute Struggles Raise Questions About Big Dollar Recruitment Approaches

Cures Act Provides Research Funding, Direction

Wednesday, December 14, 2016

The 21st Century Cures Act was signed by President Obama on Tuesday and is broadly intended to facilitate the research, development and transfer of medical discoveries in order to better-address diseases affecting American people. While the bill has received mainstream coverage for its bipartisanship – the core authors were two Democrats and two Republicans – and billions in new research spending – more than $5 billion in authorizations – the text also contains potentially significant changes for federally-supported medical research policy.

  • Read more about Cures Act Provides Research Funding, Direction

NIH Launches $96M Initiative for Big Data Centers of Excellence

Wednesday, August 7, 2013

The National Institutes of Health (NIH) has launched a new initiative to fund the exploration of using Big Data to improve national health care outcomes. NIH will provide $24 million per year for four years to establish six to eight Big Data Centers of Excellence. The centers will be used by researchers and students for training in data science and testing the use of large and complex datasets to create tools, methods, and software that can improve health care processes.

  • Read more about NIH Launches $96M Initiative for Big Data Centers of Excellence

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

Georgia Lawmakers Pass Measure to Enhance Tax Credits, Boost Research Funding

Wednesday, April 11, 2012

Lawmakers last month approved a $19.3 billion state budget for FY13, which includes funding for many of the recommendations from a task force convened by Gov. Nathan Deal to enhance the state's innovation economy. Specifically, the budget boosts funding for the Georgia Research Alliance (GRA) to recruit researchers and allocates $5 million for cancer-related research. The legislature also passed a measure expanding the Georgia Jobs tax credits and R&D tax credit.

  • Read more about Georgia Lawmakers Pass Measure to Enhance Tax Credits, Boost Research Funding

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

USDA and DOE Announce Partnerships to Support Biomass R&D

Wednesday, April 20, 2011

The Department of Agriculture (USDA) and the Department of Energy (DOE) announced the Biomass Research and Development Initiative (BRDI) — a $30 million initiative to support up to 10 research and development (R&D) projects focused on advanced biofuels, bioenergy and high-value biobased products. Projects should propose integrated science and engineering research in three technical areas of interest:

  • Read more about USDA and DOE Announce Partnerships to Support Biomass R&D

States Target Research, Commercialization for Economic Growth

Wednesday, July 17, 2013

A continued trend toward improved fiscal conditions gave rise to targeted and riskier investments in research for several states this legislative session. In particular, lawmakers dedicated funds for life sciences research and for initiatives aimed at commercialization through partnerships with higher education and the private sector. Other states dedicated additional funds to expand promising research and technology-focused initiatives already underway.

  • Read more about States Target Research, Commercialization for Economic Growth

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

Useful Stats: Academic R&D Expenditures for 2009 by State and Field of Study

Wednesday, July 27, 2011

About 60 percent of U.S. academic R&D spending support research in the life sciences, according to data released by the National Science Foundation (NSF). Engineering R&D, the second largest target of spending, accounted for 15.7 percent of total academic research expenditures. While California leads the country in total spending in every science and engineering field, the District of Columbia leads in per capita spending in life sciences, physical sciences, psychology and social sciences.

  • Read more about Useful Stats: Academic R&D Expenditures for 2009 by State and Field of Study

Three High-Tech Tax Credits Expanded in Maryland Gov’s Budget

Monday, January 20, 2014

Gov. Martin O’Malley’s FY15 budget includes increased funding for the state’s biotech tax credit, cyber tax credit and R&D tax credit, and provides level funds to continue longstanding tech-based and workforce initiatives.

  • Read more about Three High-Tech Tax Credits Expanded in Maryland Gov’s Budget

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