SSTI Digest

The latest reporting and analysis on breakthroughs in technology-based economic development research and issues that matter most to you. To receive the SSTI Weekly Digest via email, sign up here.


Geography: Oregon

State-Federal Lab Partnerships to be Highlighted May 5-8 in Portland

Many state and regional TBED organizations see federal laboratories as an integral partner in their efforts to promote technology development and commercialization. At least 22 of the leading state TBED organizations across the country have established partnerships with at least one federal laboratory to address a broad range of goals, according to a recent SSTI survey.

New Income Tax Credit Designed to Fund Oregon Public Universities

Earlier this month, Oregon’s University Venture Development Fund began operations, which will allow the state’s taxpayers to receive a 60 percent income tax credit on contributions that will be applied toward commercialization and entrepreneurial programs at Oregon’s eight public universities. Authorized by the state legislature, the fund will enable $14 million to be provided to the universities in aggregate, with each institution’s allocation formulated by its annual income from research grants and contracts.

 

People & TBED Organizations

Dr. J. Timothy Stout has been named to the newly created position of vice president for commercialization strategies at Oregon Heath and Science University.

People & TBED Organizations

The Four-County Economic Development Corp. in Portland, Ore., has changed its name to Greenlight Greater Portland.

Oregon Governor Signs $28.2M Innovation Plan

Oregon lawmakers haveagreed to fund nearly all of Gov. Ted Kulongoski’s innovation proposals, including investments in seven new industry initiatives and the creation of two new signature research centers. The innovation plan passed by lawmakers falls $10 million short of the original $38 million proposal introduced by the Oregon Innovation Council and included in Gov. Kulongoski’s fiscal year 2007-09 budget released in December 2006 (see the Dec.

Oregon Sets Sights on Innovation Plan

The Oregon Innovation Council (Oregon InC), which spent a year reviewing how best to expand the state’s economy by leveraging industry-supported initiatives with public investments, may get to see the toils of its labor come to fruition. Gov. Ted Kulongoski released earlier this month his 2007-09 budget, with full support for the innovation plan put out by Oregon InC.



People

John Tortorici is retiring as president of the Software Association of Oregon.

People

The Open Technology Business Center, a Beaverton, Ore.-based incubator, has named Steve Morris as its third executive director.

SSTI Job Corner

Complete descriptions of the position openings described below are available at http://www.ssti.org/posting.htm.



Oregon Governor Signs Bill to Create Innovation Council

Gov. Ted Kulongoski last month signed Senate Bill 838, creating the Oregon Innovation Council to provide him and the legislature with advice regarding business innovation in order to strengthen competitiveness in global markets. The council will include representatives from industry, education and government.

Oregon Legislature Passes University Venture Development Funds Bill

The Oregon Legislature overwhelmingly passed S.B. 853 last week, creating venture development funds to facilitate technology commercialization for students and faculty at the state's seven public universities.

Oregon Gov. Recommends $9M for Investments in Commercialized Research

Commercialized research and Oregon's first signature research center are among those initiatives slated for funding in the governor's 2005-07 proposed biennial budget for the Oregon Economic and Community Development Department (OECDD). Gov. Ted Kulongoski's recommended budget, the "Oregon Principles," is centered around six core principles for targeted investments to deliver a strong return on taxpayer dollars.

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