SSTI Digest

With ten firms, Chicago leaders win bragging rights for being called home by the greatest number of Inc. magazine's "Inner City 100," the fastest growing urban businesses. In fact, six of the top 50 companies were from the Windy City. Five businesses from Buffalo won inclusion in the magazine's list, earning the New York city the unofficial title as the second most popular home. Pittsburgh, Cleveland, and Oakland, CA each had four companies on the list. The "Inner City 100" is compiled by Inc. and the Initiative for a Competitive Inner City, a nonprofit organization founded by Harvard professor Michael Porter. The list of 100 firms, selected based on five-year sales growth, was narrowed from more than 2,300 nominations. Profitability and number of employees are not considered in making the award, although to be eligible for consideration, a company must have had at least 10 employees and $1 million in sales in 1999.

The e-newsletter of the National Association of Seed and Venture Funds, NASVF Net News, reports Sallie Traxler has become the Executive Director for the Council of Development Finance Agencies. Also, the e-newsletter reports Dan Loague has been promoted to the position of NASVF Executive Director.

Advanced Technology Program The Advanced Technology Program (ATP) within the National Institute of Standards and Technology is accepting applications for three leadership positions: the Deputy Director for ATP, the Director of the Economic Assessment Office, and Director of Information Technology and Applications. Starting pay for all three positions is $115,811 - $130,200. Position descriptions and application procedures are available at the following webpages:

Less than two years into his first term, Illinois Governor George Ryan has made tech-based economic development a leading priority. The cornerstone of the state's new commitment to science and technology is the $1.9 billion five-year Illinois VentureTech initiative, which was profiled in the February 18, 2000 edition of the SSTI Weekly Digest (see http://www.ssti.org/Digest/2000/021800.htm)

Under the leadership of Director Pam McDonough, the Illinois Department of Commerce & Community Affairs (DCCA) is playing a crucial role in carrying out the Governor's S&T agenda. Several DCCA tech initiatives have been launched or expanded over the past 18 months:

Thank you! The overwhelming response to Beyond the Hype: Tools for Building Tech-based Economies has resulted in the conference being sold out. With attendees from 42 states, the District of Columbia, and Puerto Rico, SSTI's fourth annual conference promises to be a great one. Please note, there will be no walk-in registration possible at the conference doors.

After many years with the variously named New York offices for science & technology, Bruce Layton is moving to Illinois to become the Director of Government Relations for Northwestern University. In addition to working for the New York State Science and Technology Foundation and the New York State Office of Science, Technology, and Academic Research (NYSTAR), Bruce served in a variety of positions with the Science and Technology Council of the States (STCS), most recently as Secretary and keeper of institutional memory. 

As sponsors of Beyond the Hype: Tools for Building Tech-based Economies, the Great Lakes Industrial Technology Center, the NASA Glenn Garrett Morgan Commercialization Initiative and the NASA Illinois Commercialization Center will share space in the conference exhibitor’s area. Brief profiles of each organization are provided below:

Great Lakes Industrial Technology Center -- One of six NASA Regional Technology Transfer Centers (RTTCs), GLITeC provides technology and business solutions to industry in the Great Lakes region (Illinois, Indiana, Michigan, Minnesota, Ohio, Wisconsin). GLITeC also works to commercialize NASA Glenn Research Center technologies throughout all 50 states. Its services include matching needs with specific expertise, providing business and technology planning and evaluations, and helping companies acquire and adapt technology.

Registrations for SSTI’s fourth annual conference, Beyond the Hype: Tools for Building Tech-based Economies, have been brisk. As a result, the Regal Knickerbocker Hotel has no more vacancies at our special conference discount rate -- if any rooms are available at all by the time of this release. The hotel was kind enough to extend our room block by 50 percent before the discount deadline this past weekend. To help those of you planning to attend Beyond the Hype but are without accommodations, we have posted on our web site the phone numbers for several hotels within easy walking distance to the conference site that had rooms available as of Wednesday, Sept. 6.

Reservations for Beyond the Hype: Tools for Building Tech-based Economies and limited-seating, pre-conference workshops started coming in only hours after we posted the date (October 3-4), price (extremely reasonable) and location (Chicago) on our web site. We’re glad to see so many of you are as excited about this year’s conference as we are. 

Sticking to this year’s theme, Beyond the Hype, we’ve identified great people from across the country to lead us in our exploration of 14 topics handpicked by SSTI’s state sponsors. The conference speakers will provide a good balance between discussion of the burning policy issues and practical techniques for tech-based economic development. The conference agenda and many of the speaker bios are now available on our conference web center at: http://www.ssti.org/Conf00/conf--00.htm 

Two venture capital associations and the Southern Technology Council are offering free electronic newsletters to the general public that may be of interest to SSTI Weekly Digest readers. Occasionally stories offered in these publications overlap with Digest articles, however, each provides additional information and perspectives for the S&T community.

The Community Development Venture Capital Alliance (CDVCA) distributed the first issue of its periodic e-mail newsletter this week, which includes updates on the organization and a discussion of the status of the Clinton Administration’ New Markets initiative and the Republican’s Renewal Communities proposal.

The National Governors' Association has released its third paper in the New Economy Series. Nurturing Entrepreneurial Growth in the New Economy, written by Thom Rubel and Scott Palladino, outlines eleven different approaches states have implemented to encourage entrepreneurship:

Mark Your Calendars! Book your Flights! Make your Reservations! Pack Your Bags!

Planning is underway for SSTI's fourth and largest annual gathering of S&T policymakers and practitioners. The event will be held October 3-4, 2000 in Chicago, Illinois. As in the past, two limited-seating in-depth workshops will precede the conference on Monday, October 2.