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Innovation, broadband, higher education initiatives get state support

Thursday, April 4, 2019

Innovation initiatives are seeing increased funding in some states as legislatures across the country begin to finalize budget bills and other legislation. SSTI continues to monitor these developments and this week we cover budget bills in Idaho that saw small increases to the Manufacturing Extension Partnership (MEP) program, as well as increases in the Small Business Development Center (SBDC) and STEM Action Center, and new funding for a computer science initiative. South Dakota will see an increase in funding for the Governor’s Office of Economic Development and West Virginia passed bills creating an SBIR/STTR matching grant program, support for community and technical college tuition assistance, expansion of broadband service, and other innovation-related initiatives in its budget that passed earlier in March.

  • Read more about Innovation, broadband, higher education initiatives get state support

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

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

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Recent news from the SSTI Digest

Reauthorization of EDA’s popular Build to Scale program introduced

Thursday, May 21, 2026
The bipartisan Build to Scale Reauthorization Act of 2026 was introduced on May 15 by Congresswoman Haley Stevens (MI-11) and Rep. Jim Baird (R-IN), along with several co-sponsors. Additionally, more than sixty organizations and associations in 25 states endorsed the bill, which is designed to help Americans move new products, technologies, and medical inventions to market faster.
b2s

Nonprofit Venture Development Organizations: what they are and why the approach matters

Thursday, May 21, 2026
Over the past 25 years, SSTI has seen a successful model emerge for supporting regional innovation-driven economies that deserves more attention from the TBED community. Successful Venture Development Organizations (VDOs) bring the entrepreneurial mindset of an innovation startup to regional economic growth strategies. VDOs simultaneously deliver multiple value propositions to their target service areas.
venture dev orgs

Connecting companies to research assets faster: the Tennessee Innovation Exchange model

Thursday, May 21, 2026
The Tennessee Innovation Exchange (TNIX) is a statewide initiative designed to make it easier for companies, entrepreneurs, and investors to connect with university research expertise across Tennessee. In this recent TBED Community of Practice webinar, speakers Chuck Layne of LaunchTN and Tom Kissane of Halo Sciences explained how they partnered with six research universities to build a shared digital platform that supports university-industry collaboration and commercialization.
tbed
innovation
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