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SSTI Digest

People

Tom Shea with the Office of Economic Adjustment in the Department of Defense has announced his retirement, effective September 30, 2003.

People

U.S. Department of Commerce Assistant Secretary Nancy Victory has announced her resignation effective mid-August. Victory led the National Telecommunications and Information Administration, which manages the $15.4 million Technology Opportunities Program.

House Slashes MEP Funding While Manufacturers Face Uncertain Future

As the economy struggles, unemployment rates rise to a nine-year high, and manufacturing continues to shed jobs, the Modernization Forum reports the House Commerce, Justice, State and Judiciary (CJS) Appropriations Subcommittee appropriated just $39.6 million for the Manufacturing Extension Partnership (MEP). The FY 2004 funding would slash the program's funding from the FY2003 level of $106.6 million, a 63 percent cut.

MEP, a public-private program, provides small manufacturers with support to bolster domestic production and keep manufacturing jobs in the U.S. The House CJS Subcommittee chose to restore some but not all funds for MEP. The Administration had proposed funding MEP at $12.6 million, effectively eliminating the national program.

Massachusetts House Announces $110M Plan to Encourage TBED

Details on a $110 million initiative to create more jobs and stimulate the Massachusetts economy were released yesterday by Massachusetts House Speaker Tom Finneran and other state leaders. The initiative, Mass Jobs: Investment and Opportunity, is an innovation-friendly plan to streamline government functions and encourage growth in emerging technology through capital formation, regional development, and stability in regulation and taxation. The House proposes to recapitalize these funds from the Health Care Security Trust Fund.

The proposal includes:

Ohio Enacts TBED Components of Third Frontier Project

Ohio Governor Bob Taft today signed into law Am. Sub. House Bill 1, putting into place the newest components of his Third Frontier Project to foster tech-based economic development (TBED) and growth in Ohio.

The law creates incentives for businesses to invest in Ohio companies as they commercialize research coming out of private, public and university labs. Among its key provisions, the act:

Editor's Note: Here Today, Gone Tomorrow: Quebec S&T Demise Offers Lessons to All

The previous issue of the SSTI Weekly Digest (June 27, 2003) included a story with the headline "Québec Investing More Than $500M for Biotech." It was the kind of big initiative with a hefty price tag that a few states have launched and most others salivate to replicate. A perfect item for the Digest.

The problem is that big initiative never actually happened.

Had the story run before June 12 – the day the first budget of recently elected Québec Premier Jean Charest was released – it would have been accurate. However, the new Liberal government cancelled all of the biotech initiatives mentioned in that Digest article, and the budget eliminated or reduced several other government programs and tax incentives promoting science and technology (S&T):

Labor Department Offers Technical Skills Training Grants Program Assistance

Business-led partnerships looking to train workers in high-skill, high-tech occupations may get a boost from a series of instructional conferences to be held later this month and in August. The U.S. Labor Department’s Employment and Training Administration (ETA) will hold three conferences in 2003 to assist prospective applicants for its H-1B Technical Skills Training Grants competition, under which approximately $50 million is available for new awards.

Among other purposes, the conferences will serve to instruct prospective applicants on the goals and principles of the training grants program, with an overview of the Department of Labor's policies and emphases. Participants also can expect to gain an understanding of the required elements of a grant package, the grants review process, and the experiences of successful H-1B grantees.

Providence, R.I., Undertakes Initiative to Jumpstart Economy

Providence was listed among the top 50 cities in the U.S. in which to do business in a June issue of Forbes Magazine. Now, a new initiative to jumpstart economic development in the Rhode Island capital is aimed at solidifying the ranking.

Providence Mayor David Cicilline announced on July 1 the creation of the initiative in an effort to position Providence among the nation's best cities in terms of economic development. Under the initiative, the Providence Economic Development Partnership (PEDP) will be established as a public-private partnership to provide services ranging from logistical support for start-ups to loans for new and existing businesses.

Kauffman Foundation Challenges Universities to Institutionalize Entrepreneurship

The Kauffman Foundation of Kansas City announced on Monday it will award grants of up to $5 million to 5-7 U.S. universities to make entrepreneurship education a common and accessible campus-wide opportunity. The Foundation works with partners to encourage entrepreneurship across America.

In June, the Foundation chose 15 universities out of 30 schools invited to demonstrate interest by developing a preliminary concept to compete in the Kauffman Campuses initiative. Each of the 15 universities selected was awarded a $50,000 planning grant to assist with the development of a comprehensive proposal to be presented this December. At that time, 5-7 universities will be awarded grants of up to $5 million, each based on their creativity and commitment to make entrepreneurship training and experiences available across college departments and to students of diverse disciplines. Universities also must demonstrate their ability to raise matching funds.

Innovations Guide Offers Keys to Long-term Growth for Rural Regions

A new book released by the Sierra Business Council (SBC), Investing for Prosperity, suggests new ways for rural regions to achieve long-term prosperity. The 148-page guide brings together many of the latest innovations rural communities across North America are using to grow their economies, improve their towns and build their social capital.

SBC, a nonprofit organization that promotes the Sierra Nevada region, finds that communities in the Sierra Nevada can diversify and expand their economies in ways that were not possible over the last 150 years, thanks to new technologies and the market premium put on the Sierra's natural assets and livable communities. The same finding applies to many other fast-growing rural regions in America, including New England and the Pacific Northwest.

Useful Stats: NIH Awards by State 1998-2002

In response to recent requests from SSTI sponsors and affiliates, SSTI has compiled a table summarizing total funding distributed within states in the form of grants and awards by the National Institutes of Health (NIH). The table <http://www.ssti.org/Digest/Tables/071103t.htm> includes total amounts and state rankings for NIH awards for each of the years 1998-2002.

People and Organizational News

The first director of the new Automation Alley Technology Center will be Thomas Anderson.

Nebraska Governor Mike Johanns has appointed Richard Baier as the state's first rural development director. Baier will work closely with the new Nebraska Rural Development Commission.

Colorado State Representative Tim Fritz is resigning his seat to become director of Colorado's Office of Aerospace and Aeronautics.

John Hansen is the new Secretary of Technology for the State of Colorado. Hansen retains his position as Chief Technology Officer as well.