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SSTI Digest

People

Lewis Attardo is the first director of the new Sacramento Regional Technology Alliance. Attardo formerly was a Florida-based private business and economic development consultant.

Joseph Hornett has been selected to serve as senior vice president and treasurer of the nonprofit Purdue Research Foundation (PRF). Hornett currently is COO for Sport Service, Inc. in Indianapolis. PRF holds more than 130 properties and 10,000 acres of Indiana farmland near Purdue University, including the Purdue Research Park.

Matthew McClorey is the new president and COO for Kansas Innovation Corp., beginning June 3. McClorey currently serves as the vice president of business development and portfolio management for the Kansas Technology Enterprise Corp (KTEC).

People

Lewis Attardo is the first director of the new Sacramento Regional Technology Alliance. Attardo formerly was a Florida-based private business and economic development consultant.

People

Joseph Hornett has been selected to serve as senior vice president and treasurer of the nonprofit Purdue Research Foundation (PRF). Hornett currently is COO for Sport Service, Inc. in Indianapolis. PRF holds more than 130 properties and 10,000 acres of Indiana farmland near Purdue University, including the Purdue Research Park.

People

Matthew McClorey is the new president and COO for Kansas Innovation Corp., beginning June 3. McClorey currently serves as the vice president of business development and portfolio management for the Kansas Technology Enterprise Corp (KTEC).

People

Marilyn Carlson Nelson, the chairman and chief executive officer of Carlson Cos. Inc., has been appointed by President Bush to chair the National Women's Business Council. The council serves as an independent source of advice and counsel to the president, Congress and the U.S. Small Business Administration.

U. of Florida seeks Coordinator of Research Programs

The University of Florida is seeking a creative and versatile individual to assist in partnership development and commercialization of technologies for UF and its sponsoring agencies. The primary responsibility for this position will be to serve as Deputy Director for the Environmental Systems Commercial Space Technology Center (ES CSTC), a NASA sponsored environmental research center. Additional responsibilities include assisting in new proposal development for UF, particularly those opportunities requiring cooperative multi-discipline research with commercial application. Applications are due before June 20, 2002. More information is available on SSTI's website at: http://www.ssti.org/posting.htm

Useful Stats: 1st Quarter VC Data by State

After holding steady in late 2001, the amount of venture capital investment continued its two-year decline in the first quarter of 2002, according to the PricewaterhouseCoopers/Venture Economics/National Venture Capital Association MoneyTree™ Survey. Total investments fell to $6.2 billion — a 24 percent decrease from the fourth quarter of 2001. A total of 787 companies received venture backing, or 207 fewer than the prior quarter.

All leading industries experienced declines, the survey shows. The software, networking and biotechnology industries received the most capital, respectively capturing $1.1 billion, $899 million and $752 million in first quarter investments.

Fuel Cells Increasingly on States' Radar

Ohio Proposes to Join Race With the growing need to identify cleaner sources of power, coupled with recent advances in alternative energy technologies, many states are targeting science and technology investments toward fuel cells. California, Connecticut, Massachusetts and New York all have made investments in fuel cell research demonstration or commercialization projects through energy related research funds. Michigan launched its fuel cell strategy in April (see the April 19, 2002 edition of the SSTI Weekly Digest).

Examples of specific fuel cell activities within the states include:

Canadians Look at Policy Implications of the New Economy

The Spring 2002 edition of the Isuma, the quarterly Canadian Journal of Policy Research, is dedicated to issues surrounding the New Economy. Many of the 16 papers in the free, online issue will be of interest to readers of SSTI's Weekly Digest, including:

Louisiana Legislature Passes Tax Credits to Promote R&D

The 2002 Special Session of the Louisiana State Legislature has yielded a series of tax credits that aim to benefit biotechnology companies in Louisiana, promote commercialization of technology, encourage R&D investments, and make the state more competitive in information technology. The tax credits are as follows:

State & Local Tech-based ED News

Buffalo

The Buffalo News reports InfoNiagara, a technology council serving 230 IT companies, has signed a reciprocal membership with the Amherst Chamber of Commerce to increase the benefits offered to both organizations' members. The chamber's 2,300 members gain access to InfoNiagara's training and professional development programs, according to the paper, while the tech council is able to offer its members a variety of insurance programs the chamber has in place.

Cleveland

A portion of a struggling three-story, upscale mall in downtown Cleveland may become part technology incubator, according to the May 6 issue of Crain's Cleveland Business. The article reports several alternate scenarios are being discussed by civic leaders to use sections or an entire floor of the 130,000 sq. ft. glass building to house nascent software development and other IT companies.

People

The president of the Buffalo Economic Renaissance Corp, Alan DeLisle, is leaving to become director of the Office of Economic and Employment Development in Durham, N.C.

Larry Kline has resigned as president of the Wisconsin Technology Council to take a position as chief financial officer and vice president for business development with a biotech firm.

Jeffrey Skolnick has been named executive director of the new Center of Excellence in Bioinformatics based at the University of Buffalo. In introducing Skolnick, Governor Pataki confirmed the new state budget includes $50 million for the center, according to the May 10 issue of the Buffalo News.

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