SSTI Digest

Georgia Department of Industry, Trade and Tourism commissioner W. Glenn Cornell has announced his retirement, effective June 30. Craig Lesser is Gov. Sonny Perdue's recommendation as Cornell's successor.

Brian Mefford will assume the position of president and CEO of Kentucky's Center for Information Technology Enterprise.

The NanoBusiness Alliance has named Sean Murdock to serve as its new executive director.

Baiju Shah is the new president of the Cleveland's BioEnterprise Corp., succeeding Matt Jennings.

The Oklahoma Center for the Advancement of Science and Technology has named Sheri Stickley interim executive director, following the resignation of William Sibley.

Pete Tartline has resigned his position as president and CEO of the Technology Council of Central Pennsylvania.

Tina Van Camp has been named the director of the South Dakota Governor's Office of Economic Development.

Former president and CEO of the Columbus Technology Council William "Sandy" White is the new CEO of the University of Alabama at Birmingham Research Foundation.

The board of directors of Mid-America Manufacturing Technology Center (MAMTC) has appointed Lavon Winkler as its new president and CEO.

Includes $24M for Biomedical Research, $50M for Wright Centers Ohio has a biennial budget process so the fiscal year 2005 budget for technology-based economic development (TBED) activities could have been set in stone back in June 2003. With the passage of three bills this spring, however, the state legislature has committed an additional $103 million for its Third Frontier Project for the fiscal year beginning July 1, 2004. The new funds are a staple to the FY 2005 appropriations for other TBED programs such as Ohio's Thomas Edison Program, its SBIR efforts and coal research office.

The state's Third Frontier portfolio includes the Biomedical Research and Technology Transfer, the Wright Centers of Innovation, Wright Projects, and the Third Frontier Action Fund.

When Florida Gov. Jeb Bush surprised the world last October by announcing the state had landed an East Coast campus for the Scripps Research Institute, the draw from the public coffers cost was pegged at $510 million. The state was contributing $310 million and the county's share was up to $200 million for land acquisition and building construction.

Scripps promised to create 545 jobs within the first eight years on its new 100-acre campus. That works out to $935,780 of public investment per job. Pricey, yes, but civic leaders are counting on Scripps to serve as a strong magnet to attract even more high wage, high tech businesses at no or lower cost to the state. Gov. Bush projected an additional 50,000 jobs resulting from the research center's presence in the West Palm Beach area within 15 years.

Michigan small businesses receiving state and federal grants for research and development will be able to put more of those funds into their work, with legislation unanimously passing the state Senate last week.

A key component of the Senate Republicans' JOBS II action plan, Senate Bill 1116 now moves to Democratic Gov. Jennifer Granholm. A recent Associated Press article reports Gov. Granholm has not decided whether or not to sign the bill.

SB 1116 amends the Single Business Tax Act (SBT) to allow SBT payers to deduct state and federal research grants from their tax base income. The bill's proponents suggest the measure will be a lure to attract high tech businesses to the state and will aid emerging tech firms, many of whom receive much of their start up revenues through federal grants such as the Small Business Innovation Research program.