• As the most comprehensive resource available for those involved in technology-based economic development, SSTI offers the services that are needed to help build tech-based economies.  Learn more about membership...

SSTI Digest

Virginia Energy Plan Calls for Increased R&D, Consistent Funding

Virginia could capitalize on its strong energy R&D foundation of universities, federal laboratories and businesses through coordination among research activities and by creating a consistent funding stream for federal R&D funding and technology commercialization, finds a new state energy plan released last week.   Mandated by SB 262 from the 2006 General Assembly, the Virginia Energy Plan outlines specific goals and recommendations that set forth energy policy for the Commonwealth over the next 10 years. Under the plan, the state will reduce the rate of growth in energy use by 40 percent, reduce greenhouse gas emissions by 30 percent and seek to increase in-state energy production by 20 percent. The plan also calls for expanding consumer energy education and increased R&D within the areas of nuclear technologies, alternate transportation fuels, coastal energy production, and carbon capture and storage. Economic development opportunities are found within the state’s institutes of higher education, federal laboratories and businesses. However, the challenge is coordinating the varied R&D activities in ways…

Assessing Incubator Performance: NBIA Releases Toolkit to Aid Impact Measurement

As with every public policy or program to promote economic development, TBED initiatives can fall victim to critics’ concerns regarding the value of these approaches if performance measurement is not an integral component of your efforts. Fair assessment of impact, though, remains a thorny issue for many TBED strategies because of the early stage of investment (e.g. support for university research, entrepreneurship education or even seed capital).   Even when one does measure the impact of a specific program or policy, additional potentially legitimate concerns can be raised for how well your performance compares to similar efforts in other parts of the state or country. Or, the lack of any sense of a control group of companies or entrepreneurs who did not participate in the initiative to use to benchmark the difference made by the effort can lead to unwarranted criticism from skeptics.   This last criticism recently was levied against Washington's state network of incubators in a report issued by the state’s Joint Legislative Audit and Review Committee (JLARC) at the request of the Washington State Legislature. JLARC…

Southern Growth Seeks Nominations for 2008 Innovator Awards

Each year, Southern Growth Policies Board honors Southern initiatives that are improving the quality of life in the region through its Innovator Awards. The Awards are presented annually to one organization in each of Southern Growth’s member states ­ Alabama, Arkansas, Georgia, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, Oklahoma, South Carolina, Tennessee, Virginia and West Virginia. In 2008, the Awards will be chosen from initiatives that promote youth engagement and leadership in the region. Each nominated initiative must fulfill these and other criteria: Target youth, ages 14-24 Be truly unique or highly unusual Provide a proven track record or other reliable measures of future success Exhibit one or more of 10 specifically targeted characteristics An independent evaluation panel will choose one innovator from each Southern Growth member state for an award. Southern Growth will present the awards at the opening session of its annual conference scheduled for June 1-3, 2008, in Little Rock, Ark. The deadline for nominations is Oct. 22, 2007. To view the complete award…

SSTI Job Corner

Complete descriptions of these opportunities and others are available at http://www.ssti.org/posting.htm. The Office of Extension, Engagement and Economic Development at North Carolina State University (NCSU) is seeking someone for the position of director of the NC Economic Development Partnership. This position will have primary responsibility for building alliances for economic development and connecting the unique strengths of NCSU to appropriate agencies and industry clusters. These alliances include a significant partnership the North Carolina Department of Commerce. An M.A.or M.S. degree in an appropriate discipline and three years of experience in economic development program delivery in extension, outreach or public service, or a combination of suitable educational background and professional certification in economic development are required. Penn State's Office of Economic and Workforce Development seeks a motivated, self-directed individual with a proven track record for the role of senior new initiatives specialist. This position will assist with the expansion and diversification of the Pennsylvania Technical…

Seven States Share $92M from National Math and Science Initiative

Nonprofit entities in Alabama, Arkansas, Connecticut, Kentucky, Massachusetts, Virginia, and Washington will receive $13.2 million over six years for training and incentive programs for Advanced Placement (AP) and Pre-Advanced Placement Programs. The grants will be used for extensive training of teachers, identification of lead teachers, additional "time on task" for students, and financial incentives based on academic results. The funding is coming from the National Math and Science Initiative (NMSI), which was launched in March 2007 in response to the National Academies Rising Above the Gathering Storm report that calls for improving American students' performance in math and science to increase global competitiveness. In addition to the AP grants, NMSI is expected to award funds to up to 10 universities for UTeach programs, which encourage math and science majors to pursue teaching credentials during their undergraduate course study. Among NMSI's funders are Exxon Mobil Corporation, with a $125 million contribution, and the Michael and Susan Dell Foundation and the Bill and Melinda Gates…

Colorado Project Assembles Suite of Space-Tech Business Services

While dozens of states have instituted clean-tech strategies in order to cash in on the high-tech wave of the future, some are looking even further ahead. In several western states, private space travel and companies are drawing the attention of political leaders, researchers and investors eager to pioneer an industry that may still be many years away from creating dividends. California has long been involved in promoting space technology companies through the California Space Authority, which offers workforce training and business support opportunities. In New Mexico, Virgin Galactic plans to begin construction on Spaceport America next year with $67 million in state funds once the project is approved by the Federal Aviation Administration (see the Dec. 19, 2005 issue of the Digest).   Colorado also has entered the arena with the launch of the Eighth Continent Project, hosted at the Colorado School of Mines Center for Space Resources. The project has assembled an array of services, including a trade association, a planned incubator and venture fund, and a collaborative research program for private space enterprises. Project Director Burke Forke…

Collection of National Laboratories Sign Intellectual Property Bundling Agreement

One of the many challenges for tech-based economic development organizations and private firms is to access and take advantage of the wealth of knowledge produced throughout the nation’s federal laboratory system. With the hope of making their intellectual property more accessible for commercialization, four research facilities within the Department of Energy’s National Nuclear Security Administration (NNSA) recently signed a cooperative agreement to pool together their patents.   The Innovation Bundling Initiative aligns the intellectual property of Los Alamos National Laboratory, Sandia National Laboratory, the Nevada Test Site, and Lawrence Livermore National Laboratory. Under the initiative, patents originating from these facilities will be sorted into groups by subject matter and similarity of technologies, which can then be marketed in this organized manner to the private sector. Additionally, the bundling will enable collaborators to negotiate with a single entity for patent access, as opposed to dealing with the individual facilities that own each particular patent.   The initiative was jointly developed by the…

Baltimore: Shifting from an Industrial Region to a Creative Region

What factors will enable regions with a historical strong industrial heritage to become attractive to creative individuals? According to Richard Florida in his 2002 book, The Rise of the Creative Class, creative people are most drawn to places that have an abundance of existing creative talent, a tolerance for diversity, and the ability to produce technology. Florida uses various measures to quantify a region’s talent, tolerance and technology - also known as the 3Ts - and combines them to produce a creativity index that allows comparison between locations.   Using this framework, Zoltan Acs from George Mason University and Monika Megyesi from the University of Baltimore compare the metro Baltimore region to seven other similar regions with a strong industrial heritage. In Creativity and Industrial Cities: A Case Study of Baltimore, the authors rank the Baltimore metropolitan statistical area first among Chicago, Cleveland, Detroit, Milwaukee, Philadelphia, Pittsburgh and St. Louis in an overall creativity index. Of all metropolitan areas in the U.S. with populations greater than one million, Baltimore placed 17th with its creative index score, and…

Canada Considers Privatizing Management of Some Federal Labs

Canada’s Treasury Board recently announced the creation of an independent panel of experts to provide advice on transferring management of federal non-regulatory laboratories into private or other non-government hands. The four individuals comprising the panel, each with extensive experience and leadership in Canada's science and technology community, will consider different management options for the Canadian systems of federal research labs. Many of the largest nonregulatory and non-life science-related federal laboratories in the U.S. are managed by private companies through competitive selection processes. Others are co-located and run by academic institutions. The panel may consider privatization or quasi-privatization of life science-related labs that, in the case of the National Institutes of Health and U.S. Department of Agriculture, remain government-operated. The Canadian panel will focus on four key objectives: Increasing the impact of federal investments in research Fostering research excellence Enhancing learning and transfer of knowledge Leveraging the strengths of government, university…

Research Park RoundUp

Over the past few months, several new research park announcements have been made, including a $2.5 billion public-private investment in Kentucky. Gov. Ernie Fletcher last month announced plans for the expansion of the Louisville Health Sciences Campus. The project will encompass the 30-block radius that houses the Louisville health sciences campus. A current U of L parking lot, known as the Haymarket property, will be converted into a 700,000-square-foot state-of-the-art laboratory and office space.   The project is being financed through a proposed tax increment finance (TIF) in which a portion of the tax revenue generated by the 20-year capital investment – about $300 million – is captured for reinvestment in the development. The TIF increment is expected to be enough to complete construction of the research park and many components of the U of L Health Sciences Master Plan, according to the governor’s office. Officials hope to begin initial investment and construction soon after the anticipated approval by the state’s TIF Commission.   New Mexico State University’s (NMSU) Arrowhead Center recently struck a deal with a…

Early Bird Rates for SSTI's 11th Annual Conference Expire in 13 Days!

Register today to be sure you receive this special rate. On Wednesday, Sept. 26, registration fees will increase by $100. Hosted by the Maryland Department of Business and Economic Development, the Maryland Technology Development Corporation, and the University System of Maryland, the 2007 SSTI Annual Conference will be held at the Renaissance Baltimore Harborplace Hotel Oct. 18-19. In a word, the SSTI Annual conference promises quality. With more than 20 carefully planned sessions, conference participants are ensured access to the latest thinking and best practices in tech-based economic development. Limited attendance further affords one the opportunity to engage in open, creative dialogue, and registration fees are kept reasonable so you can send your entire leadership team. All added up, SSTI's annual conference is the field's most stimulating and rewarding professional development investment of the year. For many, the networking breaks are what the conference is all about. It's where the latest TBED thinking and technology come alive. You won't want to miss being a part of the this year's most dynamic and influential…

SSTI Job Corner

Complete descriptions of these opportunities and others are available at http://www.ssti.org/posting.htm. Oak Ridge National Laboratory (ORNL) seeks an additional senior member to join its technology transfer team as a senior commercialization manager or possibly as deputy director. This key individual is needed to identify, evaluate and commercialize technologies created at a major U.S. Department of Energy laboratory and to serve as liaison between some of the laboratory's most significant research divisions and the business community. He or she should have a high level of technical expertise in a physical science, as well as significant experience in sales or business development. The University of Memphis (U of M) and the FedEx Institute of Technology (FIT) are seeking a director of tech transfer and research development to act as the Technology Transfer officer and clearinghouse for the university. This newly created position reports to the FIT executive director. The director will act as liaison between FIT, business and other research institutions to accelerate the transfer and commercialization of U of M technologies…