SSTI Digest
People
  Lizabeth Ardisana      was elected Chairperson of the Michigan Hispanic      Chamber of Commerce, becoming the first woman to hold the position in      the state.
People
  Sonya Buckner has      resigned her position as director of the small business incubator for the      Montgomery Area Chamber of Commerce to become vice president of special projects      for the Oklahoma Chamber of Commerce.      Douglas Jones will assume leadership of the Montgomery      Incubator.
People
  The Chicago based Committee      of 200, an organization of leading women in business, has named Diane      Graham as its new chair.
People
  The University      of Minnesota Duluth Center for Economic Development has named Elaine      Hansen as its new permanent director.
People
  The winners of the Siemens      Westinghouse/AAAS Competition for the Best Teen Scientists and Mathematicians      of the Year were announced this week: 17-year-old Yin Li of New York      City was the individual grand prize winner for his project "Characterizing      the Prion Properties of a Translational Regulator Expressed in Mouse Brain."      Brothers Mark and Jeffrey Scheider, 18 and 16, respectively, of South      Windsor, Conn., won the grand prize in the team category for the "Simulation      of the West Nile Virus using STELLA 7.02." Each award comes with a $100,000      prize. More information, including a list of all national winners, is available      at: http://www.aaas.org/news/releases/2003/1208siemensIntro.shtml
People
  Ken Olsen will      become the new executive director of the Palouse      Economic Development Council in Washington State.
FY 2004 Funding Levels Set For Key TBED Programs
        Two months into the fiscal year and several federal offices of importance      to the state and local tech-based economic development community are finally      learning how much money they will have available in fiscal year 2004 — once      the consolidated appropriations bill is signed by the President in January.       
Economic Development      Administration (down $2 million from 2003) 
 Public Works and Economic        Development: $202.280 million
 Economic Adjustment        Assistance: $40.9 million
 Planning: $24 million
 Trade Adjustment Assistance:        $12 million
 Technical Assistance,        including university centers: $8.435 million
 Research: $500,000
 Administrative expenses:        $30.565 million
National Institute      of Standards and Technology (NIST)  
 Advanced Technology        Program: $179.175  million ($60.7 million available for new awards        — same as FY03)
 Manufacturing Extension        Partnership: $39.607 million (down $67 million from FY03)
Small Business Administration      – SBA is barred from extracting operating funds from the following programs'      appropriations:  
 SCORE: $5 million…
House Passes $3.7B Nanotech Bill
     Legislation that would authorize $3.7 billion over the next four years for the    National Nanotechnology Initiative awaits the President's signature, having    cleared Congress before the Thanksgiving Holiday recess. The 21st Century Nanotechnology    Research and Development Act (S. 189) was passed by the U.S. House of Representatives    on Nov. 20, following passage in the Senate two days earlier.     
S. 189 provides for the      creation of a National Nanotechnology Coordinating Office, research centers,      education and training efforts, and research into the societal and ethical      consequences of nanotech. It also supports efforts to spur technology transfer      and includes a series of coordination offices, advisory committees and regular      program reviews. 
The bill's $3.7 billion      authorization levels are spread over fiscal years 2005-08 to five federal      agencies — the National Science Foundation ($1.73 billion), Department of      Energy ($1.46 billion), National Institute of Standards and Technology ($307.2      million), NASA ($153.9 million) and the Environmental Protection Agency ($24.76      million). No appropriations were made…
USC Named First Homeland Security Center for Excellence
      The University of Southern California (USC) will serve as the first Homeland    Security Center of Excellence, the U.S. Department of Homeland Security (DHS)    announced last week. DHS anticipates providing USC with $12 million over the    course of the next three years for studying risk analysis related to the economic    consequences of terrorist threats and events.     
The first HS-Center is      designed to address both the targets and means of terrorism, with emphasis      on protecting critical infrastructure systems such as electrical power, transportation      and telecommunications. As part of the agreement, USC will offer its expertise      in natural disasters, system safety and nuclear threats. Two centers within      USC's School of Engineering, the Integrated Media Systems Center and the Information      Sciences Institute, also will contribute research in advanced computer modeling      and cybersecurity. 
DHS and outside advisors      reviewed more than 70 proposals to establish the first HS-Center. Other HS-Centers      are planned for research and development areas such as agro-terrorism countermeasures      and behavioral research on…
NSF Announces $30M Program in "Cyber Trust"
     The risks of identity theft, e-mail viruses, denial-of-service attacks, system    glitches and other online hazards can make the average person's reliance on    computer systems more of a leap of faith than a bond of trust. To promote research    into more dependable, accountable and secure computer and network systems, the    National Science Foundation (NSF) has issued a solicitation for the Cyber Trust    program, which expects to fund up to $30 million in awards.     
The Cyber Trust program      will support up to three research center-level efforts as well as single-investigator      and team awards, subject to NSF's merit-review process and the availability      of funds. NSF expects that Cyber Trust research centers will involve collaborations      among academic, industry and other partners. 
"Interconnected computer      systems are part of the nation's critical infrastructure as well as part of      people's homes, cars and offices," said computer security expert Eugene Spafford      of Purdue University, who recently joined NSF as a senior advisor. "The goal      for Cyber Trust research is to make these systems-and their successors-not      only…
Tobacco Settlement Board Commits Up to $20M for Life Sciences in Pa.
     Pennsylvania's Tobacco Settlement Investment Board (TSIB) recently approved    a commitment of up to $20 million to Birchmere Ventures III LP to invest in    life sciences companies based in Pennsylvania. Birchmere Ventures III, a new    fund jointly formed by Pittsburgh-based Birchmere    Ventures and San Francisco-based Bay    City Capital, will raise up to $150 million.     
The commitment      to Birchmere Ventures/Bay City Capital will leverage the Tobacco Settlement      money three-to-one by raising $30 million from other sources to match an initial      $10 million made available by the TSIB. The TSIB stipulated that the total      $40 million must close by March 31, 2004. 
Birchmere      Ventures/Bay City Capital must raise an additional $30 million from other      sources to leverage the total available $20 million in TSIB funds. The $30      million must be raised one year from the date of the first close. Following      the $20 million TSIB contribution, Birchmere Ventures/Bay City Capital would      then be expected to invest a minimum of 70 percent of $80 million, or $56      million, in Pennsylvania life sciences companies, raising another $70…


