SSTI Digest

The House Appropriations Committee passed on June 9 its version of the fiscal year 2005 Homeland Security bill, approving $70 million for university programs in the Department of Homeland Security (DHS). The funding level is $40 million above the President's FY 2005 request. The additional $40 million is allocated specifically for university-based centers of excellence.

A new report assessing 2002 federal research and development (R&D) funding in U.S. universities and colleges finds 45 percent of all federal R&D funds went directly to the nation’s 126 medical schools. This striking discovery, the authors contend, raises the question of whether other areas having substantial R&D funding needs such as environment, energy, homeland security and education are receiving the attention they require.

Although a significant gap still exists between women-led companies and their male counterparts, in terms of venture funding, some promising news may suggest a change in fortune for the former, a study released today by Growthink Research of Los Angeles and Chicago-based re:invention Inc. shows.

The 400-page study, Venture Funding for Women Entrepreneurs, provides a detailed profile of women-led, venture capital (VC)-funded, privately-held business enterprises and companies with women executives. The report is based on a comprehensive analysis of 1,860 companies that raised more than $19 billion of venture capital in 2003.

Most states recognize the importance university research plays in building a strong knowledge economy; it is a prominent component of the strongest regional technology clusters. Many states are increasingly focused on expanding their university research capacity and increasing the number of students in key science and engineering fields.

To help policymakers assess their relative position regarding university R&D, SSTI has through its Useful Stats column in the SSTI Weekly Digest produced or reproduced several tables standardizing relevant data across states using other commonly available data. An example includes federal research obligations or industrial R&D expenditures at institutions of higher education.

Joe James, director of the South Carolina Council on Competitiveness, has resigned his position with the S.C. Department of Commerce.

The new deputy undersecretary for the Technology Administration in the U.S. Department of Commerce is Michelle O'Neill. O'Neill formerly served as deputy assistant secretary for the International Trade Agency.

SSTI congratulates Tom Persons, president and CEO of the South Carolina Technology Alliance, for receiving the Individual Achievement Award from the Greater Columbia Chamber of Commerce.

Joe James, director of the South Carolina Council on Competitiveness, has resigned his position with the S.C. Department of Commerce.

The new deputy undersecretary for the Technology Administration in the U.S. Department of Commerce is Michelle O'Neill. O'Neill formerly served as deputy assistant secretary for the International Trade Agency.

SSTI congratulates Tom Persons, president and CEO of the South Carolina Technology Alliance, for receiving the Individual Achievement Award from the Greater Columbia Chamber of Commerce.

Former NASA Administrator Richard Truly, now head of the National Renewable Energy Laboratory, announced his plans to retire in November.

Janet Yancey-Wrona, director of the Maine Technology Institute (MTI), has been named the Governor's Science and Technology Advisor and the first Director of Innovation for the Maine Department of Economic and Community Development. In her new position, Dr. Yancey-Wrona will oversee the state's research and TBED activities, including MTI, the business incubator program and Maine EPSCoR initiative.

California voters will be at the forefront of a highly controversial issue this November when they are asked to decide on a $3 billion bond issue to fund stem cell research.

The initiative, if passed, would provide $295 million annually to California researchers over the next 10 years. Under the proposal, priority for funding would be given to stem cell research that does not qualify for federal funding, and up to 10 percent could be used to build research facilities for nonprofit research organizations.

The importance states are placing on the biosciences to fuel future economic growth is clearly evident in a monumental study released today at the annual international convention of the Biotechnology Industry Organization (BIO). Laboratories of Innovation: State Bioscience Initiatives 2004 is the most comprehensive analysis ever done to quantify the scope and impact of bioscience employment in all 50 states.

Prepared for BIO by Battelle Memorial Institute and SSTI, the 450-page study examines programs and policies in each state to promote the development of bioscience companies. The state-by-state analysis, which expands on a 2001 study that looked at activities in 42 states, reveals states are learning that success means specializing in specific sub-sectors.

Other key findings include: