SSTI Digest

The Arlington Technology Incubator (Texas) has selected Geoffrey Grant to serve as the new director beginning July 1.

The Charleston Gazette reports Ron Hatfield, director of jobs development for the West Virginia University Institute of Technology's Technology Research and Development Corp., will also serve as the new executive director of the Upper Kanawha Economic Development Corp.

Joseph James has announced his resignation as head of the Prince George's Economic Development Corporation (Maryland).

The new executive director of the Virginia Piedmont Technology Council is Gail Milligan.

Tucked in the fine print of Illinois' budget bills was language to merge seven financing agencies, according to the June 11 edition of The Bond Buyer. Among the agencies included in the merger are the Illinois Development Finance Authority, the Illinois Research Park Authority (inactive), the Illinois Community Development Authority and the Illinois Rural Bond Bank.

Package Isn't All Governor Expected; Veto Possible Changing mindsets within a state to embrace making significant public investments toward building an innovation economy can be a daunting task, particularly with the fiscal environment all state goverments are currently facing. With an aggressive series of town meetings and web forums, and strong vision and top-level leadership, Iowa succeeded to make its first big steps toward that goal with late-night votes by the State Legislature this week during a special session.

Breaking new technologies into traditional markets can be challenging, particularly in the energy field it seems. To help overcome that hurdle, the State of Pennsylvania has undertaken a $5 million initiative to help finance the implementation of clean and renewable energy technologies such as biomass and wind power. The initiative, Pennsylvania Energy Harvest, will help improve air quality, preserve land and protect local watersheds while providing economic opportunities for the state’s agricultural community.

Since her inauguration in January, Arizona Governor Janet Napolitano has pushed legislation intended to increase university tech transfer and commercialization (see related item in this issue). But will it work? Do economic incentives really encourage university researchers to pursue commercialization goals? Or are academics "pure" scientists, truly beyond monetary motives as many would argue?

With a combined annual research budget totaling $4.8 billion, New Mexico's 12 largest research facilities signed a Memorandum of Agreement on May 30 to help turn intellectual property into jobs for New Mexicans. Members of the newly formed New Mexico Technology Research Corridor (TRC) include:

While the nation’s manufacturing sector continues to face major challenges, the National Coalition for Advanced Manufacturing (NACFAM) suggests in a new white paper that the U.S. can compete successfully with low-wage countries if industry and government rally around two basic goals — increase labor productivity by greatly accelerating the use of advanced technologies and leverage national resources through a major expansion of public-private partnerships.

Arizona Legislation to Encourage Tech Transfer Awaits Voters' Approval House Bill 2403, a measure that ultimately would encourage technology transfer, has been signed by Arizona Governor Janet Napolitano and now awaits approval by voters. Passing the Arizona State Legislature in late May, the legislation provides that Arizona's universities may partner with private companies in business ventures. State agencies and organizations would be able to take equity investments in firms wanting to market products developed at the universities. Arizona voters will decide at the next general election whether to approve the change in the state's Constitution. The complete text of HB 2403 is available at: http://www.azleg.state.az.us/

On Wednesday, President Bush signed the Jobs and Growth Tax Reconciliation Act of 2003, providing $20 billion in fiscal relief to state governments. Half of the $20 billion will come through an increase in the federal share of Medicaid.

The Federal Funds Information for States (FFIS), a joint subscription service of the National Governors' Association and the National Conference of State Legislatures, has published a table showing how the State Fiscal Relief Fund will be divided over fiscal years 2003-2004. The state-by-state table, available at http://www.ffis.org/ff/sfr052303.pdf, estimates fiscal relief allocations.