TBED Works: Rev1’s eye for potential and support helps launch biotech company
TBED 101: Technology readiness and market funding gaps point to need for TBED support
Note: Every profession has jargon. Practitioners of technology-based economic development know the field may have more than its fair share of confusing words and acronyms as it bridges numerous scientific and engineering disciplines, business and financial acumen, and public-private initiatives at all levels of government supporting regional innovation. This occasional series from the SSTI team provides introductions or reminders of some of the key concepts used across the practice. ~ Mark Skinner, SSTI President & CEO
TBED Works: "Sticky" student innovators provide opportunity for longer relationships, larger outcomes
Campus entrepreneurship programs can lead to decades-long collaborations between academia and industry. Students may learn how to do their very first pitch deck. Or make a poster presentation. Or stand in front of a group of investors. And then go on to found a successful company (or two, or three) and create jobs for people in the area.
Taking TBED on the Road: Launch Tennessee's experience at Austin’s SXSW
A handful of showcase events across the country are known widely by mere nicknames, gather lots of media attention, and attract tens of thousands of people or more each year. Can a state’s lead technology-based economic development stand out in this kind of crowd? Is it worth the investment to try?
TBED Works: NCBiotech supports early-stage startups that ultimately shine
TBED CoP Webinar: Optimizing Tech Transfer Offices to deliver success for inventors, universities, and founders
April 16, 2025, 2:00pm EDT
Free, registration required
TBED Community of Practice webinar: Strategies to drive regional technology-based entrepreneurship and economic development
Wednesday, March 19, 3:00 pm EDT | Zoom
No charge; registration required.
TBED service portfolio approach builds private innovation financing market
The launch of a new private equity firm in central Ohio is a reminder of the continuing ripple effects of a decades-long strategy of cultivating an innovation system. If the State of Ohio hadn’t created and provided sustained funding over decades for its integrated array of technology-based economic development programs, the founders of a newly launched private equity firm wouldn’t be in the position now to commit to helping more mid-market companies succeed in central Ohio.
TBED Community of Practice webinar: SBA’s Growth Accelerator Fund Competition in action
January 22, 2025, at 2:00 PM ET | Zoom
TBED Community of Practice webinar: SBA’s Growth Accelerator Fund Competition in action
January 22, 2025, at 2:00 PM ET | Zoom
Maximizing visibility: leveraging impact reports for TBED success
Are you tired of your organization's impact going unnoticed? Join our webinar to discover how to use compelling, attention-grabbing impact reports to tell your success stories in a way that resonates with funders, media, and the public. You’ll hear from three types of organizations with three very different funding models.
Our expert panel will share real-world examples of TBED organizations using impact reports to
- secure funding,
- boost media coverage,
- strengthen partnerships, and
- elevate their reputation.
Learn how to
Tech Equity in Action report provides insights for TBED practitioners incorporating inclusion into economic programs
Despite recent attacks on affirmative action and diversity, equity, and inclusion, the TBED community continues to work toward broadening participation in innovation driven growth.
TBED COP Webinar: Immigration pathways for TBED
July 25 at 3pm ET | Free
Immigrant talent is a key driver of innovation in technology and entrepreneurship. However, navigating and understanding the many legal options available can be challenging. Join this TBED Community of Practice webinar to learn about pathways for TBED immigration, including lesser-known tools and under-utilized features of common immigration paths.
Speakers:
Sophie Alcorn, Founder & CEO of Alcorn Law
Doug Rand, Senior Advisor to the Director of USCIS
New Resource: Video provides insight into EDA’s Economic Adjustment Assistance Funds
SSTI has released a new video in our Federal Funding Video Library featuring Trent Thompson, economic development representative with the Economic Development Administration’s Denver Regional Office. In this interview, we discuss how EDA’s Economic Adjustment Assistance (EAA) funds can be leveraged to support technology-based economic development (TBED) activities.
TBED COP Webinar: How ecosystem mapping can aid your region
May 21, 2024, 3:00 p.m. ET
Ecosystem mapping facilitates clear communication about the resources, support programs, and key players available to entrepreneurs and innovators in a region. For TBED organizations, it is also a valuable tool for identifying potential partners, facilitating referral networks, and uncovering new strategic opportunities. However, keeping these maps current and reflective of a region’s growing and evolving economic landscape can be a challenge.
An Earth Day item on TBED financial investment strategies
Which should be more valuable for an economic development minded investment program?
Which should be more valuable for an economic development minded investment program?
- Company A, which yields a 2x return on investment and has a technology that reduces carbon emissions and energy use,
- Company B, which returns 12x to investors through an impressive IPO but contributes more to climate change, or
- Company C, which returns 3x and the climate impacts of its technology and production process aren’t as easily measured so remain unknown.
New Resource: A primer of Appalachian Regional Commission’s funding opportunities
Many federal funding programs have the potential to support technology-based economic development (TBED) initiatives, even when technology and innovation aren’t their explicit focus. This is the case with the Appalachian Regional Commission (ARC). SSTI recently sat down with Christy Johnson, ARC program analyst, to learn how three of ARC’s funding opportunities can support TBED activities in the Appalachian region.
Funding for tech-based economic development in the federal FY 2024 budget
Editor’s note (April 4, 2024): This article has been updated to reflect relevant programs included in the second of two FY 2024 omnibus appropriations bills.
TBED Community of Practice looks at methods to measure the success of state lab-to-market initiatives
Two senior leaders of state programs designed to help commercialize new intellectual property joined a TBED CoP webinar last week to discuss how they determine whether those initiatives are successful. John Hardin, executive director of the Office of Science, Technology & Innovation at the NC Department of Commerce, described the One NC Small Business Program and the evaluation process the office performs each year. They use surveys of award recipients and econometric analysis to demonstrate the program’s effectiveness.
TBED community shares benefits, challenges of using Salesforce for grant management and reporting
In a webinar last week, staff from BioSTL and SSTI shared their organizations’ use of Salesforce for grant management and reporting. It facilitated a lively discussion among the more than 100 attendees about technical and practical challenges and solutions for the platform. The presentation and recording are now available here.
NYC Launches Green Energy Action Plan
Leaders within the largest city in the United States, and one of the most influential in the world, recognize the daunting challenges resulting from New York City’s vulnerability to climate change—evidenced already in violent storms, flooding, and rising sea levels—as well as the economic opportunity that comes in combating the negative impacts of that change and reducing the city’s contributions to further temperature rise.
Partnership for Inclusive Innovation uses a community-based approach to pursue equity
Editor’s note: SSTI is committed to helping its members create economies that are equitable and inclusive. The following article is part of a series highlighting how different organizations ensure all people within their communities can benefit from today’s economy and lessons learned in their work.
The TBED Community of Practice webinar is coming up next week!
Reminder!
The TBED Community of Practice webinar is coming up next week!
Interactive Webinar: Lessons Learned in TBED Grant Management—December 5, 2023, at 3:00 p.m. ET.
Congratulations on winning federal funding! Are you ready to manage it? A first federal award can be a significant challenge for organizations. Even experienced groups can hit snags when working with new agencies that may use different rules or definitions.
SSTI releases new data tool that summarizes investment activity by state and tech area
SSTI has released a new data tool that defines investment activity, one indicator of the vibrancy of a region’s innovation economy, in each of 18 technology areas.
EDA awards $53 million in Build to Scale awards to strengthen regional innovation economies
The Economic Development Administration (EDA) announced 60 organizations receiving $53 million from the Build to Scale program today. This is the program’s 10th and largest award cycle, following years of consistent appropriations growth from Congress.