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People

Connecticut Lt. Gov. M. Jodi Rell was sworn in as the state’s 87th governor on July 1, taking over from former Gov. John Rowland, who resigned amid a federal corruption investigation and a threatened impeachment for allegedly accepting gifts from employees and state contractors. Senate President Pro Tem Kevin Sullivan was sworn in as Lieutenant Governor. Rell is a Republican, while Sullivan is a Democrat.

People

Indiana Gov. Joe Kernan has named David Dorff as the state's first director for the new Office of Small Business Advocacy.

People

Angie Dvorak, vice president of research and economic development for the University of Southern Mississippi, is becoming president of the university's research foundation.

People

Frank Horrigan is leaving Innovation Works in Pittsburgh to become director of the Governors Action Team SW Regional Office.

People

Louisiana Gov. Kathleen Blanco has appointed Michael Olivier to serve as Secretary of Louisiana Economic Development. Olivier was president and CEO of the Harrison County Development Commission in Gulfport, Miss., for 17 years.

People

Jim Petell is the first director of technology transfer and commercialization for the University of North Dakota.

People

The Fayetteville Economic Development Council named Steven Rust as its new executive director, beginning Aug. 15.

Report Credits Improved Economy for Boosting State Tax Revenues

Growth in personal income tax has led to a revival of state tax revenues, the same source that led to the previous decline, according to a report released by the Nelson A. Rockefeller Institute of Government. The report indicates sustained growth in states' economies over the past three quarters, with increases in revenue from personal, sales and corporate taxes, creating optimism for the future of state budgets.

State tax revenue grew by 8.1 percent in the January-March quarter compared to the same period in 2003, a continuous growth since the last period of decline in July 2001 through June 2002, according to State Tax Revenue Recovery Gathering Steam. Legislated tax increases enacted in several of the states over the last three years have contributed to the revenue growth, the report indicates, although the January-March quarter growth was still strong after tax hikes were factored out.

Vermont Prepares for Wi-Fi with New Broadband Initiative

The city of Montpelier, Vt., will soon join the ranks of other high-tech cities as it prepares to implement its first Wi-Fi “hotzone” in the central downtown area. With support from Senator Patrick Leahy (D-Vt), city officials and local businesses, the Vermont Broadband Council recently launched MontpelierNet, a high-speed Internet network that will bring wireless broadband Internet access to the city.

The network is designed to expand and improve high-speed telecommunications services, reduce costs for the city, and provide faster transmission at a lower cost to businesses in the area. MontpelierNet is comprised of three phases, which include:

Louisiana Tech Fund Gets $2.3M for Startups

Two years following its creation, the Louisiana Technology Fund has $2.3 million to help the early-stage technology companies for which it was intended, the Baton Rouge-based Advocate reported earlier this month. The fund stems from 2002 legislation that revived Louisiana's Certified Capital Companies (CAPCOs) program.

With the initial pool of money, the fund could support up to 12 Louisiana technology startup companies. The money is derived from the state's CAPCOs, which are required to invest 10 percent of their earnings into such startups. The state's four research parks, located in Baton Rouge, Lafayette, New Orleans and Shreveport, will oversee the fund, according to the Advocate.

Senate Passes Legislation to Protect Research Collaborations

A bill designed to encourage collaborative research among universities and between universities and industry passed the Senate last Friday. The Cooperative Research and Technology Enhancement (CREATE) Act of 2004 will allow researchers and inventors who work for different organizations to share information without losing the ability to file a patent.

Passage of the bill has been supported by the Association of American Universities (AAU), the American Council on Education and the National Association of State Universities and Land-Grant Colleges. These proponents argue the need for the amendment to federal patent and trademark law stems from a 1997 court decision (OddzOn Products Inc. v. Just Toys) that deemed information shared among collaborators may be deemed a prior art, which could invalidate a patent unless there is a single owner of the invention.

Wyoming Project Engages Community Support for Entrepreneurship

A pilot program meant to spur entrepreneurship with community involvement is set to begin in Torrington, Wy., in the next two months. A joint venture between the Goshen County School District, Eastern Wyoming College, and Goshen County Economic Development, the project, Planned Approach to Community Entrepreneurship (PACE), is designed to facilitate small businesses and help them achieve higher success rates.

The Torrington economy is largely driven by entrepreneurship; however, the county has the fifth highest business failure rate after one year of operation and second highest after three years, according to a recent article in the Torrington Telegram. Starting and maintaining a business in the city has been a major source of frustration for local business owners, and community leaders are hoping PACE will help alleviate some of the frustration by actively involving residents in the project.