SSTI Digest

South Dakota Governor Mike Rounds announced Friday that John Calvin has been named Secretary for the Department of Tourism and State Development. The newly formed department combines the Governor’s Office of Economic Development, Department of Tourism, Office of Tribal Relations, Division of Cultural Affairs, and the South Dakota Housing Development Authority.

Bill Duncan is the first president of the Kansas City Area Life Sciences Institute, which held its inaugural event at the end of March.

Christopher Foster has been named technology coordinator for the Maryland Department of Business and Economic Development.

John Murray has been named executive director of the Maryland Economic Development Commission.

William Rosenberg has resigned from his position as CEO of the Michigan Broadband Authority. which approved its first loan at the end of March for wireless broadband service in several small towns.

William Seelbach has been named Interim President of the Ohio Aerospace Institute.

Elizabeth Sellars is the new manager of Idaho Operations for the Department of Energy.

Michael Witt has been appointed Executive Director of MichBio, the state's bioscience industry association.

A recent $10 billion judgment against Philip Morris may have the tobacco giant filing bankruptcy. Philip Morris has claimed it cannot post a $12 billion bond to appeal a lawsuit in Illinois or even meet the $2.6 billion payment due mid-April for the 1998 settlement with the states.

The tobacco company's actions are expected to have repercussions for several states counting on the funds to finance TBED initiatives. Among those threatened are Michigan's well known $1 billion life science investment over 20 years. One-fifth of Pennsylvania's future tobacco settlement payments are targeted toward life science technologies. And, the Missouri legislature is considering a bill that would commit one-quarter of the state's settlement money to the life sciences, beginning in 2006.

Pennsylvania Governor Edward Rendell recently unveiled an economic stimulus program that will invest nearly $2 billion in bonds and loan guarantees. The stimulus program is intended to leverage at least $5 billion in private investment in economic development projects, creating jobs in Pennsylvania's small and mid-size cities and towns.

Key provisions of Plan for a New Pennsylvania include:

The past week has marked the beginning of two public initiatives in Washington State to increase the availability of financing for technology firms.

Rural Technology Loan Fund

The Washington Technology Center, in partnership with the Evergreen Community Development Association, has established a Rural Technology Loan Fund to assist in the creation of family wage sustainable technology jobs that help alleviate poverty in rural communities in the state. The program is designed to provide gap financing or late-stage product development loans for implementation of value-added production processes and/or technology development.

The American Association for the Advancement of Science (AAAS) has posted an online version of its 304-page analysis of the research and development portion of the President's FY04 budget request. After a five-chapter overview, which includes a brief look at declining industrial R&D expenditures, the report breaks down the $122.5 billion request for R&D for seven federal agencies.

The report also provides cross-agency looks for numerous disciplines: physics; astronomy; atmospheric sciences and climate change; ocean sciences; earth sciences; biological and ecological sciences; chemical sciences; behavioral and social sciences; federal statistics; mathematical sciences; computing research; nanotechnology; electrotechnology related; and mechanical engineering.

Each of the book's 27 chapters, as well as the appendices and tables, is separately downloadable.