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Displaying 151 - 175 of 264
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U.S. Metro Entrepreneurship Has Not Yet Recovered from Recession, Finds Kauffman

Thursday, November 21, 2013

In conjunction with its annual Global Entrepreneurship Week, the Kauffman Foundation has released a report tracking per capita startup rates in 40 select U.S. metropolitan areas since 2006. The analysis reveals that startup rates have improved in metro areas, but remain well below pre-recession levels. Data also indicates that larger metros, those with populations greater than one million, have both endured and recovered from the recession slightly better than their less populous counterparts.

  • Read more about U.S. Metro Entrepreneurship Has Not Yet Recovered from Recession, Finds Kauffman

Federal Agencies Adopt Open Data Model to Spur Innovation, Entrepreneurship

Thursday, November 14, 2013

This week, the White House Office of Science and Technology Policy (OSTP) released a wide-ranging roundup of new and ongoing efforts to leverage availability of large, accessible data sets to spur innovation. While many of these efforts were focused on supporting research on the potential of big data, several agency efforts are using the model of open data app competitions to fuel private-sector business creation.

  • Read more about Federal Agencies Adopt Open Data Model to Spur Innovation, Entrepreneurship

Being Entrepreneurial in Your Storytelling

Thursday, November 7, 2013

People often remember stories, and telling stories can be an effective way to communicate success. But, as researchers have found, there is a craft to organizational storytelling whereby the story must work in conjunction with both logical-rational elements and the emotive and motivational features of the people involved. This lesson is an important one for small businesses and startups seeking to gain traction and staying power with their audience or customer. It also resonates for TBED practitioners who often struggle with clear and concise messaging in promoting economic growth.

  • Read more about Being Entrepreneurial in Your Storytelling

Creative University Entrepreneurship Initiatives Highlighted in Report

Thursday, November 7, 2013

A recent report from the U.S. Department of Commerce highlights university programs across the country working to facilitate student and faculty entrepreneurship as part of a larger federal effort to improve tech transfer activities and external partnerships. Information was collected from the leaders of 131 research universities to understand what universities are doing programmatically and strategically to nurture innovation, commercialization and entrepreneurship.

  • Read more about Creative University Entrepreneurship Initiatives Highlighted in Report

Report Points to Success Rates of Companies Spun from Federally Funded Research Universities

Thursday, October 31, 2013

Hoping to draw attention to declining federal funding for basic research, a nonprofit group of public and private research universities unveiled a report highlighting the success of 100 companies that trace their roots to a federally funded research university. Of the companies highlighted, 89 remain in business today, which is far better than the U.S. average new business survival rate of 50 percent after five years, the report notes. Moreover, 16 of the 20 youngest companies (less than five years old) also remain in business.

  • Read more about Report Points to Success Rates of Companies Spun from Federally Funded Research Universities

Michigan Orgs Awarded $25M to Support Entrepreneurs

Thursday, August 11, 2011

The Michigan Economic Development Corporation (MEDC) recently announced the recipients of $25 million in awards from Michigan's 21st Century Jobs Fund. Each of the eight organizations receiving the awards will use the funding to support Michigan entrepreneurs and technology commercialization. The largest single allotment, $10.8 million, will benefit Ann Arbor SPARK, which plans to replenish its Michigan Pre-Seed Capital Fund with the award. Other recipient organizations will be offering capital and business assistance around the state.

  • Read more about Michigan Orgs Awarded $25M to Support Entrepreneurs

Incubator Round Up

Thursday, August 11, 2011

Spending time at a technology or business incubator may be the key to learning about entrepreneurship. Some universities, seeking to ramp up entrepreneurship programs, are turning to incubators as real-world teachers.

  • Read more about Incubator Round Up

White House Taps Foundations to Aid in Detroit Revitalization

Thursday, October 3, 2013

In the days before the federal government shutdown, the White House released details of a $300 million cross-agency strategy to revive the Detroit economy following the city government’s bankruptcy filing. Most of the funding comes from existing programs that will either continue to support efforts in Detroit or will now allocate a portion of their grants, loans or services to Detroit-based recipients. However, while innovation and entrepreneurship is a major plank of the strategy, little of the $300 million will directly benefit technology-based economic development programs.

  • Read more about White House Taps Foundations to Aid in Detroit Revitalization

Obama Administration Launches Initiative to Promote Startup Cooperation with Latin America

Wednesday, September 11, 2013

The Obama administration is seeking closer economic cooperation with Latin America to enhance opportunities for startups and SMEs in the U.S. and across the hemisphere. This week, the U.S. State Department is launching the Small Business Network of the Americas to promote international cooperation between TBED institutions in the Americas.

  • Read more about Obama Administration Launches Initiative to Promote Startup Cooperation with Latin America

Governments Benefiting from Tech Entrepreneurs: The Tables Have Turned

Wednesday, September 11, 2013

The field of technology-based economic development strives to provide opportunities and support for budding entrepreneurs and technology-based startups in hopes of strengthening our economies. But, policymakers and governments have much to gain directly from the pool of talented tech entrepreneurs. Technology startups are tapping into the $142 billion public sector market and are helping governments reduce costs and improve their services through innovative web applications and, in some cases, total system overhauls.

  • Read more about Governments Benefiting from Tech Entrepreneurs: The Tables Have Turned

Foundations Commit Funding for Entrepreneurial Development Programs at Nonprofits, Universities

Wednesday, September 4, 2013

Foundations increasingly are tapping into the unique skills of institutions of higher education by partnering with them to support entrepreneurial growth within their surrounding communities. These foundations view institutions of higher education as the ideal partners to provide education and business services necessary for entrepreneurs to reach their potential. Several foundations recently have announced funding to support entrepreneurship development activities at universities including the Ratcliffe Foundation and the Allstate Foundation.

  • Read more about Foundations Commit Funding for Entrepreneurial Development Programs at Nonprofits, Universities

CA Legislature Approves Expansion of iHub Program

Wednesday, September 4, 2013

New legislation passed by the California legislature would expand the state’s Innovation Hub (iHub) program, which supports commercialization and entrepreneurship at a regional level. The program initially was launched in March 2010 through the state’s Business, Transportation and Housing Agency.

  • Read more about CA Legislature Approves Expansion of iHub Program

Universities Turn Focus on Entrepreneurship to Boost Regional Economies

Wednesday, August 21, 2013

Recognizing startup businesses as a powerful force in building stronger local economies, a number of universities across the country have announced significant expansions in their entrepreneurship offerings over the last few weeks. Universities in Missouri and Virginia have announced new and expanded entrepreneurship programs for students, while a nationwide network of top business schools, including Babson College, Stanford University and the University of California, San Francisco, plans to launch an online entrepreneurship program that can be licensed to other schools. The U.S.

  • Read more about Universities Turn Focus on Entrepreneurship to Boost Regional Economies

U.S. Research Universities Launch New Initiatives for Tech-Based International Development in Africa

Wednesday, August 7, 2013

U.S. research universities have launched several new initiatives to impact international development across Africa by leveraging their institutional knowledge to support tech-based economic growth on the continent. The African Development Bank, a regional multilateral development bank, also announced that it will commit $45 million for the creation of a Pan African University consisting of five thematic institutes focused primarily on science, technology and innovation.

  • Read more about U.S. Research Universities Launch New Initiatives for Tech-Based International Development in Africa

Startup Colorado Launches $200K Fund to Support Entrepreneurship Events

Wednesday, August 7, 2013

Startup Colorado recently announced the launch of a new $200,000 fund to support events that strengthen the entrepreneurial communities across Colorado. The organization will issue grants to Colorado organizations planning events, seminars and contests that bring together startup communities, particularly those in the Denver-Boulder region, Colorado Springs and Fort Collins, according to the Denver Business Journal.

  • Read more about Startup Colorado Launches $200K Fund to Support Entrepreneurship Events

Useful Stats: New Firm Creation by State, 2011

Wednesday, July 31, 2013

New business creation in the U.S. increased in 2011 for the first time since the 2007-09 economic crisis, according to data released by the U.S. Census Bureau. Census data indicates that 8.2 percent of all businesses were less than one year old in 2011, the first increase since 2006 and the largest increase in a decade. A pair of briefs from the Census Bureau and the Kauffman Foundation link the decline and rebound of American startups to fluctuations in housing prices during the economic downturn.

  • Read more about Useful Stats: New Firm Creation by State, 2011

Pennsylvania To Invest $100M in Tech Startups

Wednesday, July 10, 2013

According to the Philadelphia Business Journal, Pennsylvania Gov. Tom Corbett has signed off on the creation of a new program, InnovatePA, which will auction off $100 million in tax credits to generate state revenue that will be invested in the funding of tech and biotech startups.

  • Read more about Pennsylvania To Invest $100M in Tech Startups

Is National Public Support for Accelerators on the Rise?

Wednesday, July 10, 2013

The rapid proliferation of accelerators world-wide has raised questions about whether this model is viable and sustainable. Though many accelerators have been founded and funded by private investors, accelerators are now getting a public boost on both sides of the Atlantic. The European Commission and the U.S. Small Business Administration are both becoming involved in the accelerator phenomenon, perhaps representing an expanded role for national (and quasi-national) public support for accelerators.

  • Read more about Is National Public Support for Accelerators on the Rise?

Indiana Governor Launches Office of Small Business and Entrepreneurship

Wednesday, June 26, 2013

Indiana Gov. Mike Pence has announced details of a realignment of the state's services for small business owners and entrepreneurs through the establishment of a new Office of Small Business and Entrepreneurship (OSBE). The office will incorporate the Indiana Small Business Development Center, the Procurement Technical Assistance Centers and several small business specialty programs. OSBE will offer business consulting, as well as bringing together universities, private sector businesses and government stakeholders.

  • Read more about Indiana Governor Launches Office of Small Business and Entrepreneurship

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

AZ, NJ, WI Increase Capital for Entrepreneurship, MN's Angel Tax Credit Closed for 2013

Wednesday, June 19, 2013

Over the last week, several states have announced/passed new programs focused on increasing the capital available to spur small business growth and innovation. Officials from New Jersey announced the state's new angel tax credit will take effect July 1. In Arizona and Wisconsin two bills await gubernatorial approval that would rework the Arizona R&D tax credit program and establish a $75 million venture capital fund in Wisconsin. Meanwhile, the Minnesota state legislature did not approve an additional $5 million for its popular Small Business Investment Tax Credit.

  • Read more about AZ, NJ, WI Increase Capital for Entrepreneurship, MN's Angel Tax Credit Closed for 2013

Small Business Administration Announces a Startup America Entrepreneurial Mentor Corps

Wednesday, March 2, 2011

The Small Business Administration (SBA) announced a new pilot program that will to support more than 1,000 startup and earlystage firms across the country. The goal of the Entrepreneurial Mentor Corps' (EMC) is to mobilize members of the current generation of successful business owners to mentor and support startups and entrepreneurs to help them become the next generation of great American companies. In February, SBA Administrator Karen Mills announced one of the EMC's first initiatives to match approximately 100 clean energy startups with mentors.

  • Read more about Small Business Administration Announces a Startup America Entrepreneurial Mentor Corps

American Entrepreneurship on the Rise

Wednesday, May 29, 2013

The 2012 Global Entrepreneurship Monitor (GEM) U.S. Report by Babson College and Baruch College shows that the total early stage entrepreneurial activity in the country increased 13 percent, the highest rate since 1999 when GEM first began tracking entrepreneurship. Among the findings, GEM found that a diverse population of age, gender, and immigrant status exists in the entrepreneurship community.

  • Read more about American Entrepreneurship on the Rise

MI Research University Alumni 50 Percent More Likely to Become Successful Entrepreneurs, Report Shows

Wednesday, May 29, 2013

Graduates of Michigan State University, the University of Michigan and Wayne State University have started or acquired businesses at double the national average rate among college graduates since 1996, according to a report released by the Michigan University Research Corridor (URC). About 19 percent of all graduates have started their own business, and these businesses were 1.5 times more likely than the national average to remain open over the past five years. URC attributes their success to the comprehensive entrepreneurial curriculum available at the corridor's institutions.

  • Read more about MI Research University Alumni 50 Percent More Likely to Become Successful Entrepreneurs, Report Shows

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

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