U.S. Treasury Announces $3.6B in Awards for Distressed Communities The U.S. Department of Treasury recently announced the selection of 70 organizations from around the country to receive a total of $3.6 billion in New Markets Tax Credits awards. The awards may be used to provide individual and corporate taxpayers with a credit against federal income taxes for making equity investments in community development entities. Read the complete list of awardees…
U.S. Clean Tech Investment Held Steady in 2011 U.S. venture firms invested $4.9 billion in clean tech companies last year, nearly the same as in 2010, according to a year-end report from Ernst & Young. Approximately 57 percent of all clean tech investment was directed toward California companies. The overall cleantech market was bolstered by five IPOs and 79 M&As.Read the release…
States May Divert Some Mortgage Settlement Money for Other Priorities In addition to helping homeowners, some states are looking to offset steep cuts in programs and services made over the past few years with the money they will receive under the settlement. Read more …
Census Bureau Reports More Americans are College Grads than Ever Before More than 30 percent of adults age 25 or older have at least a bachelor’s degree and more than one-third hold a degree in a science or engineering field. Read more …
IBM Education Model Blends High School, College, Career The company outlines how Chicago and other cities successfully can implement six-year schools, allowing students to graduate with an associate’s degree. Read more …
Innovation Campuses Exploding in the Midwest Inside HigherEd finds many of the new campuses involving partnerships with public colleges and private corporations share the same goal of cohabitating academics and industry with hopes for increased tech commercialization and new jobs. Read more …
Attributed to: SSTI (State Science and Technology Institute)