SSTI Digest
People & Organizations
Robin Schabes, Chicago Mayor Richard Daley's special assistant for technology, has announced her resignation. Schabes staffed the Mayor's Council on Technology Advisors.
People & Organizations
Mass Ecomm has changed its name to the New England Business & Technology Association to better reflect its regional nature and broader mission.
$105M Tech Tax and VC Legislation Passes in Vermont
Capital for start-up and early-stage business ventures should become more plentiful in Vermont based on legislation, S. 178, passed in late May. A spokesperson for Governor Jim Douglas appraised the act's total impact as representing a $105 million investment into the state's economy.
Injecting more higher risk investment capital into the state's economy had been one of the key economic development priorities for Gov. Douglas during his first legislative cycle. The cornerstone of the Douglas Plan for Prosperity was to recapitalize and expand the financing mechanisms offered by the Vermont Economic Development Authority, the state's commercial and agricultural low-interest lending agency. S. 178 raises the state's commitment to the fund from $25 million to $70 million.
Mainers Pass $60M TBED Bond
On Tuesday, voters in Maine approved Governor John Baldacci's request to issue $60 million in bonds to finance several research infrastructure, economic development and housing related projects. Packaged and marketed as the Jobs Bond, the measure won easily with 60 percent of the vote in this special election. The tech-based economic development portion of the bond will be allocated as follows:
USDA Awards $20.1M for Rural Business Development
The U.S. Department of Agriculture (USDA) recently announced the selection of 97 loan and grant recipients in 24 states that will receive $20.1 million in rural business development funds. The loans and grants are expected to assist in creating or saving nearly 10,000 rural jobs and supports 772 business ventures as part of the Bush Administration's efforts to spur economic development in rural areas.
Administered through USDA Rural Development, the grants and loans are awarded to local organizations which in turn use the funds for a variety of purposes, including revolving business loan funds, studies, technical assistance, community facilities, improving medical care and communications, and other projects to stimulate jobs and growth. Many of the awards are made in conjunction with assistance from other sources, leveraging USDA funds for greater effect.
France Boosts Support for R&D
Following extensive public consultation, the French Ministry for Industry and Research has announced a revamped national strategy to boost support for research and development (R&D) activities in France. The plan, to be implemented in 2004, aims to make financial resources for innovative companies more accessible and to increase France’s appeal to the international R&D community.
Some of the key measures include:
Mayors Report: Metro Areas Lose 1 million-plus Jobs in 2001-02
In 2003, the nation's 20 top metropolitan areas will generate $4 trillion in output, or 36 percent of the national economy, according to a new report by the U.S. Conference of Mayors and the Conference’s Council for Investment in the New American City. However, overall employment growth this year is predicted to be 0.1 percent in those same metro areas, with nine experiencing either no job growth or continued employment contraction.
The Role of Metro Areas in the US Economy: Employment Outlook reports the nation's 319 metro areas lost nearly 1.01 million jobs in 2001 and 2002, three times the job loss outlined in preliminary government estimates in January. The projected job growth rate of 0.1 percent for 2003 represents a significant downward revision from the January report, which predicted the rate to be 0.9 percent.
Useful Stats: 2000 Industrial R&D Intensity, Per Capita by State
U.S. businesses spent $180.4 billion in non-federal funds for research and development in 2000, according to the National Science Foundation's (NSF) annual Survey of Industrial Research and Development. The figure reflects 13 percent growth over 1999 findings and the 47th consecutive year of increases. Federal funding for industrial R&D, however, fell to $19.1 billion in 2000, a 15 percent drop from 1999.
Top R&D-performing manufacturing industries in 2000 were motor vehicles, trailers, and parts ($18.3 billion), pharmaceuticals and medicines ($12.8 billion), semiconductor and other electronic components, ($12.8 billion), communications equipment ($11.2 billion), and, navigational, measuring, electromedical and control instruments ($10.1 billion).
Draft NSF Strategic Plan Open for Comment
Meeting short-term budget demands are consuming more and more of state, local and academic tech-based economic development practitioners' time. However, keeping an eye on the long-range funding picture is critical for sustained success. One of the most important federal sources for supporting the research enterprise is the National Science Foundation (NSF). At NSF Director Rita Colwell's request, the public has the opportunity to participate in developing NSF's strategic vision and plan for the next six years.
"The views of the science and engineering community and the public are very important to us and will be reflected in the final draft of the updated plan," Dr. Colwell writes.
Review of MEP Underway
The National Academy of Public Administration (NAPA) has begun a review of the Manufacturing Extension Partnership (MEP) that will examine the program's mission and execution. MEP requested the independent analysis.
As part of the study, NAPA will consider whether there are barriers that prevent small firms from obtaining technical and business advice they need to improve innovation, productivity and competitiveness. NAPA will then identify business models for providing services.
The report is scheduled to be completed in February 2004. NIST is asking interested parties to comment on the study by going to http://www.napawash.org/pc_government_performance/ongoing_nist.html
TBED Comings and Goings
G. Michael Alder has been named executive director of the Biotechnology Association of Alabama.
Thomas Anderson is the new director of the Automation Alley Technology Center in Michigan.
Colorado Governor Bill Owens has appointed Tim Fritz as the director of the Office of Aerospace and Aeronautics.
Hempstead (New York) Mayor James Garner was elected to serve as the 61st president of the U.S. Conference of Mayors during its annual meeting this week.
TBED Comings and Goings
G. Michael Alder has been named executive director of the Biotechnology Association of Alabama.