SSTI Digest

Tech Talkin' Govs, Part V The fifth installment of SSTI's Tech Talkin' Govs' series includes excerpts from speeches delivered in Minnesota, New Jersey, and Tennessee. The first four installments are available in the Jan. 13, Jan. 20, Jan. 27, and Feb. 10 Digests. Minnesota Gov. Tim Pawlenty, State of the State Address, Feb. 11, 2010 "So today, I urge the Legislature to pass my Jobs Creation Bill that has six vital parts: a 20 percent reduction in the corporate tax rate; a 20 percent exclusion from taxation for small businesses; an angel investment tax credit; a supercharged research and development tax credit; a capital gains exclusion for qualified investments; and, incentives for companies to invest in Minnesota small businesses. ... "... One thing we can, and should do now, is improve and renew the JOBZ program." New Jersey Gov. Chris Christie, Remarks to the Special Session of the New Jersey Legislature, Feb. 11, 2010 "The "InvestNJ" program has a large unspent balance and a failed record in actually creating new jobs. We can save taxpayers $50 million by terminating this program now…

The fifth installment of SSTI's Tech Talkin' Govs' series includes excerpts from speeches delivered in Minnesota, New Jersey, and Tennessee. The first four installments are available in the Jan. 13, Jan. 20, Jan. 27, and Feb. 10 Digests. Minnesota Gov. Tim Pawlenty, State of the State Address, Feb. 11, 2010 "So today, I urge the Legislature to pass my Jobs Creation Bill that has six vital parts: a 20 percent reduction in the corporate tax rate; a 20 percent exclusion from taxation for small businesses; an angel investment tax credit; a supercharged research and development tax credit; a capital gains exclusion for qualified investments; and, incentives for companies to invest in Minnesota small businesses. ... "... One thing we can, and should do now, is improve and renew the JOBZ program." New Jersey Gov. Chris Christie, Remarks to the Special Session of the New Jersey Legislature, Feb. 11, 2010 "The "InvestNJ" program has a large unspent balance and a failed record in actually creating new jobs. We can save taxpayers $50 million by terminating this program now. Instead, I believe we should…

“Minnesota faces a crisis of competitiveness.” It didn’t take Minnesota’s leaders long to recognize the state’s precipitous fall in the standings for many major indicators over the past two decades paralleled the state’s prolonged diinvestment from a proactive TBED strategy. The report from the Minnesota S&T Economic Development Project Committee, created by the state legislature just last fall and co-chaired by the commissioner of the Minnesota Department of Employment and Economic Development, holds little back in its condemnation of the state’s nearly 20-year abandonment of any significant investments or policies to promote science, technology and innovation. More available at: http://image.exct.net/lib/ff2c15797266/m/1/2010+Science+and+Technology+Initiative+Presentation.pdf.

As one of several states working to recruit and retain companies that create green jobs, Minnesota lawmakers passed a measure to create a multiagency authority to promote, market and coordinate state agency collaboration on green enterprise and green economy projects. At the same time, legislators rejected Gov. Tim Pawlenty's Green JOBZ proposal, creating a tax-free program for renewable and clean energy businesses modeled after the original JOBZ program and part of the governor's Jobs and Recovery Act (see the Feb. 4, 2009 issue of the Digest). The Ominbus Environment, Natural Resources, Energy and Commerce bill signed by the governor establishes the Green Enterprise Authority, a cooperative effort between the Department of Employment and Economic Development (DEED) and the Department of Commerce to design programs to attract green jobs to the state. The Green Enterprise Authority will receive the remaining balance of the FY09 special revenue fund appropriation for the Green Jobs Task Force. Establishment of the authority was a major priority of the task force, a bipartisan coalition of legislators, business leaders, policy experts and state agencies created by the…

W. Steven Burke is the new president of Biofuels Center of North Carolina. Bill Gimson has been named executive director of the Cancer Prevention and Research Institute of Texas. Gimson recently retired as the chief operating officer of the Centers for Disease Control and Prevention. Jeremy Hill has been named the director of the Center for Economic Development and Business Research at Wichita State University. Hill replaces Janet Harrah, who left the post for Northern Kentucky University. Jack Jewett, a former president of the Arizona Board of Regents and five-term member of the Arizona House of Representatives, was chosen as the president and chief executive officer of the Flinn Foundation. He succeeds retiring president and CEO John Murphy, who has led the foundation since 1981. Jewett will assume the position in June. Judith Krauthamer has been appointed executive director of the Mid-Atlantic Coastal Ocean Observing Regional Association. The Angel Capital Association (ACA) and Angel Capital Education Foundation (ACEF) has named William Payne, ACA founder and active participant in four angel groups, as the recipient of the 2009 Hans…

Though green jobs have become the focus of many TBED initiatives at the federal, state and local levels, it remains difficult to estimate the size of the green workforce. Green jobs are a relatively new focus for economic development, and there is no standard definition of the green economy and green occupations. Several recent reports have taken on the task of defining green jobs, including the industry sectors that should be folded into that definition. Green Jobs in Minnesota: Market Analysis, a report prepared for the Minnesota Green Jobs Task Force, takes a new approach to estimating the size of the green collar workforce by using market information that tracks levels of green activity in a variety of industries. The report identifies four industry sectors that make up the U.S. green energy economy: green products, renewable energy, green services and environmental conservation. The green products sector is particularly expansive and includes green building, transport, and consumer and industrial products. Green building is the largest part of this sector in Minnesota, and includes new LEED construction, as well as production, installation and use of energy…

As part of the 2010-11 biennial budget unveiled last week, Gov. Tim Pawlenty proposed a package of tax incentives directed toward small, emerging businesses and companies that create green jobs and services. The governor's proposed Minnesota Jobs Recovery Act calls for a sizable investment over the next biennium with even greater costs beginning in 2012. Within the Department of Employment and Economic Development, the governor is proposing investment tax credits totaling $50 million, deferred until 2012. Under the proposal, $38 million in tax incentives would be available to insurance companies for early-stage investments in certified capital companies. This proposal creates a 60 percent tax credit in the form of an insurance premium tax credit and is allowed only in the fifth calendar year after the investment is made at a rate not exceeding 20 percent of the earned credit in any taxable year, according to budget documents. Another $12 million is recommended for angel investments in regional investment funds, including a 25 percent tax credit for investments in funds that invest in qualified businesses meeting defined criteria. The credit would be allowed only…

The third installment of the Tech Talkin' Govs series includes highlights from state of the state, budget and inaugural addresses from governors in Minnesota, Missouri, Nevada, and New Mexico. Minnesota Gov. Tim Pawlenty, State of the State Address, Jan. 15, 2009 "...We should also grow jobs by enacting a green jobs initiative. New opportunities in energy from wind, solar, biomass, biogas, geothermal, biofuels and energy conservation are opening a whole new sector of our economy." Missouri Gov. Jay Nixon, Inaugural Address, Jan. 12, 2009 "We'll turn this economy around by making Missouri a magnet for next-generation jobs. We'll invest in new technology. We'll inspire cutting-edge innovation. And we'll embrace science, not fear it. "And not only will we lead with our ideas, we'll also lead with our greatest asset - our people. We must prepare our world-class workers with 21st-Century skills and connect them with the jobs of tomorrow that we will create." Nevada Gov. Jim Gibbons, State of the State Address, Jan. 15, 2009 "(M)y 2009 energy bill is designed to…

Southern Growth hired Ted Abernathy, Jr., former Executive Vice President & COO of the Research Triangle Regional Partnership, to serve as its Executive Director, filling the vacancy created by Jim Clinton's resignation in September. The Minnesota Center for Engineering & Manufacturing Excellence has hired Ronald Bennett as executive director. The City of Virginia Beach Economic Development Department has hired Scott Hall to fill their newly created position of Business Development Coordinator. Marquette University has named Keith Osterhage as executive director for its office of research and sponsored programs. Mary Jo Waits is the new Director for NGA Center for Best Practices' Social, Economic & Workforce Programs Division within the National Governors Association. Dennis Yablonsky, secretary of the Pennsylvania Dept. of Community & Economic Development resigned effective Oct. 23. New Jersey Gov. Jon Corzine named Jerold Zaro as Chief of the Governor's Office of Economic Growth. Michigan Gov. Jennifer Granholm has reorganized the Department of Labor and Economic Growth and changed the department's name…

Armed with professional advice from mentors in scientific fields and free access to sophisticated design and engineering software, teachers and students from Hawaii, Kansas, Minnesota, Oklahoma, Vermont and Virginia will participate in a national competition to solve a real-world engineering challenge defined by the aviation industry.   The idea behind the U.S. Department of Energy’s (DOE) Real World Design Challenge is to create a pipeline of highly qualified workers by preparing high school students for careers in science, technology, engineering and mathematics (STEM) fields based on issues facing high-tech and defense industries.   Ralph Coppola, director of Worldwide Education for Parametric Technology Corporation, said many aerospace and defense companies that work as contractors to national security agencies are concerned the U.S. is not producing enough qualified workers who must be able to work on both the defense and commercial side. A survey conducted with these companies in the Northeast found 54 percent of the workforce is 45 years or older and one-third are eligible for retirement today. At the same time, engineering…

California California Gov. Arnold Schwarzenegger has signed a bill authorizing community service districts to provide high-speed Internet services in areas in which no private company has done so. The districts, which provide basic infrastructure such as water, sewer and police services, will help extend broadband access into rural areas of the state that remain underserved. The bill reflects the recommendations of the California Broadband Task Force, which was created in 2006 by Gov. Schwarzenegger and presented its findings in January (see the Dec. 4, 2006 issue of the Digest). This action comes on the heels of a new report from the Public Policy Institute of California and the California Emerging Technology Fund, which finds that the digital divide in the state is growing between key demographics. Rural residents are marginally less likely to have access to a high-speed connection than urban dwellers, but some groups in both urban and rural areas are less likely to have access. Less than half of Hispanics in the state have home computers and only about a third have access to a broadband connection. About two-thirds of white, black and Asian residents have at-…

Minnesota legislators established the Office of Science and Technology (OST) to develop a collaborative partnership between industry, academia and government that will coordinate federal funding procurement efforts in S&T with Minnesota. OST's efforts will focus on developing the partnership to help small help businesses access federal grants for technology development and promote contractual relationships between Minnesota small, medium and large businesses according to the governor's press office.    The Department of Employment and Economic Development will receive $400,000 for the effort in fiscal year 2009 to expand current SBIR and STTR efforts and develop a process for technology partnering and commercialization to enhance the S&T funding pipeline.   Legislators also approved:  $9 million for bioscience business development infrastructure; $7.8 million for the Redevelopment Grant Program, which provides assistance in redeveloping commercial, industrial and residential sites; and, $7 million for Greater Minnesota Business Development Infrastructure. A bill to create a High-Speed Broadband Task Force to identify…