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Delaware Gov. Wants $34M for Tech-based ED

As promised in her 2004 State of the State Address, Gov. Ruth Ann Minner released a New Economy Initiative last week that includes several new elements to encourage economic growth in Delaware. The $34 million package is expected to generate at least $16 million more in federal and private match. Many of the elements of the plan were recommended by the governor's Strategic Economic Council.

The largest component of Gov. Minner's proposal is a new $12.5 million Delaware Competitiveness Fund to make one-time investments in companies modernizing their production facilities. As presented in the governor's press materials, the uses for the fund could be quite broad: provided matching grants for implementing new manufacturing processes; bring in new product lines; abate taxes; find buyers for idled facilities; support employee training; and, bring R&D results into manufacturers' operations.

Other elements include:

U.S. International Patent Filings Down in 2003

Those arguing that the U.S. is slipping as the world's leader for innovation have another data point to add to their arsenal. The U.S. continues to dominate international patent filings, but America's lead over other countries shrunk 12 percent last year, according to data released this week by the World Intellectual Property Organization (WIPO).

The total of 39,250 international patent applications filed from the U.S. in 2003 was 12 percent less than the 44,609 applications filed a year earlier. The U.S. share of all international patent filings also fell — from 39.1 percent in 2002 to 35.7 percent in 2003. The nation's filings in 2000, for comparison, represented 42 percent of the world's total patent filings.

TBED Financing Included in Proposed Maine Bond Issue

Advanced research grants and equity financing are just two items slated for funding in Maine Gov. John Baldacci's $120 million revenue bond package, unveiled last week. The tech-based economic development (TBED) items would receive a combined $7 million in funding. The largest portion of the governor's package, $65 million, is dedicated to land conservation and parks. Other elements address housing, health and environmental issues.

For Maine's business and research community, highlights include:

NJ Gov. Wants Money For Stem Cell Research, Tax Credits

"We cannot be satisfied with simply passing stem cell research legislation."

So said New Jersey Gov. James McGreevey during his State of the Budget Address on Tuesday, proposing the state fund research specifically in the controversial area. Stem cell research holds promise for treating and curing a host of devastating diseases and disorders, including spinal cord injury, brain injury, Alzheimer's disease, stroke, Parkinson's disease, diabetes, amyotrophic lateral sclerosis (Lou Gehrig’s disease) and coronary heart disease. The best source for human stem cells are embryos, which raises ethical questions.

NC Biotech Plan Ambitious

A new plan to grow North Carolina's biotech industry to 48,000 jobs by 2013 and 125,000 by 2023 was released earlier this month by the North Carolina Biotechnology Center, a state-supported nonprofit organization. If implemented, the 108-page plan would cost up to $650 million over five years. That figure does not include the "to be determined" cost for 15 of the plan's 54 recommendations.

The 54 action steps span a variety of objectives:

People

Dr. Russell Bessette has been appointed to the Federal Homeland Security Science and Technology Committee. Dr. Bessette currently is the executive director of the New York Office of Science, Technology and Academic Research (NYSTAR).

Tony Brown, director of the Community Development Financial Institution (CDFI) Fund at the U.S. Treasury Department, announced his resignation effective Feb. 27, to become chief executive officer of the Uptown Consortium in Cincinnati.

The Wisconsin Department of Commerce named Pamela Christenson as the first director for the new Bureau of Entrepreneurship.

People

Dr. Russell Bessette has been appointed to the Federal Homeland Security Science and Technology Committee. Dr. Bessette currently is the executive director of the New York Office of Science, Technology and Academic Research (NYSTAR).

People

Tony Brown, director of the Community Development Financial Institution (CDFI) Fund at the U.S. Treasury Department, announced his resignation effective Feb. 27, to become chief executive officer of the Uptown Consortium in Cincinnati.

People

The Wisconsin Department of Commerce named Pamela Christenson as the first director for the new Bureau of Entrepreneurship.

People

Sherry Farwell has been named as the new head of the National Science Foundation's Experimental Program to Stimulate Competitive Research (EPSCoR). Dr. Farwell currently serves as dean of graduate education and research at the South Dakota School of Mines and Technology.

People

Teri Ooms is the first director of the new Joint Urban Studies Center in Wilkes Barre, Penn.

People

BioFlorida named Diana Robinson as its new president.