For three decades, the SSTI Digest has been the source for news, insights, and analysis about technology-based economic development. We bring together stories on federal and state policy, funding opportunities, program models, and research that matter to people working to strengthen regional innovation economies.

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People

Team Northeast Ohio has picked Texan Robert Farley for its first executive director.

People

Holmes Foster, chairman of the Iowa Values Fund, has announced his resignation.

People

Tony Jeff has been selected to serve as executive director of the Manufacturing Extension Partnership of Mississippi.

People

Massachusetts Governor Mitt Romney appointed Kathy Kottarodis to serve as the state’s first small business advocate. Kottarodis had been director of small business and entrepreneurship within the state’s office of business and technology.

People

Dan Lohymeyer has stepped down as president of Ohio's IT Alliance.

People

Virginia's Center for Innovative Technology has promoted Dan Mills to vice president for regional operations.

People

The new executive director of the Center for Regional Economic Issues is Edward Morrison.

People

Paul Ray has left his position as director of the Colorado Office of Life Sciences and Biotechnology.

Job Opportunity with the ModForum

The Modernization Forum seeks qualified candidates to serve as a project manager for a one-year position. The manager will plan, staff and facilitate research involving focus groups, phone and mail surveys, and secondary resources related to small manufacturing and the economy. The manager will work in collaboration with contracting organization as part of a highly qualified research team. The manager also will work with the president of the association to develop proposals for members to deliver specialized services to small manufacturing sectors. Reporting directly to the ModForum president, the manager will serve in this position for one year pending continuation of research projects and location of the ModForum office. The nonprofit organization is currently located in Livonia, MI.

A more complete description is available on the SSTI Job Corner: http://www.ssti.org/posting.htm

Next Digest Oct. 31; SSTI Offices Closed to Attend Annual Conference

The SSTI Weekly Digest and Funding Supplement will resume publicaton October 31 as the office will be closed to attend SSTI's 7th Annual Conference, Building Tech-based Economies: From Policies to Practice, on Oct. 20-22.

For those readers fearing withdrawal symptoms, you can still get more than your weekly fix by perusing the Digest and Funding Supplement archives on the SSTI website: http://www.ssti.org/Digest/digest.htm

USDA Awards $53.7M for Rural Tech-based Economic Development

Within the last week, the U.S. Department of Agriculture (USDA) announced a slew of awards – 128 in all – for rural tech-based economic development initiatives. Collectively, the awards total $53.7 million, including: 84 Distance Learning and Telemedicine grants for a total of $32.4 million, providing greater educational opportunities and medical service to rural citizens in 41 states. The education projects will help 556 schools provide students with educational tools to better equip them for the global digital economy. Additionally, rural residents will have access to better, faster and more modern health care through 190 medical service facilities.

New Jersey to Stimulate Biotech Business, Job Growth with $50M VC Fund

New Jersey is launching a new program to stimulate new investment, business growth and job creation in the biotechnology and life sciences industries through a special fund to be established through the Business Employment Incentive Program (BEIP).

The $10 million Biotech/Life Sciences Venture Fund, to be administered by the New Jersey Economic Development Authority (EDA), will be created out of proceeds generated from an estimated $50 million BEIP bond issue. The state plans to issue the remaining $40 million in November. EDA already manages the $10 million New Jersey Technology Council Venture Fund, which also supports start-up technology companies.