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SSTI Digest

People

President Bush has nominated Major General Charles F. Bolden, U.S. Marine Corps to serve as NASA's next Deputy Administrator. A former astronaut, Bolden currently serves as the Commanding General, 3rd Marine Aircraft Wing.

People

Last week, David Allen began his tenure as Assistant Vice President for Technology Transfer at the University of Colorado. Allen was the Assistant Vice President for Technology Partnerships at the Ohio State University.

People

On April 1, Jerry McGuire becomes the first director of technology transfer for the University of North Carolina, Greensboro. McGuire currently is the director of technology transfer and licensing for the University of Buffalo.

People

Telecommunications entrepreneur R. Chadwick Paul Jr. has been hired as chief executive officer of the Ben Franklin Technology Partners of Northeastern Pennsylvania.

Highest Recommendation: OREDI Newsletter

We read a lot of e-mail for the Digest. A lot of e-mail. We know that e-mail boxes are getting fuller all the time, so even thinking of recommending that you increase your reading load takes a lot of nerve, or a very good reason. This one is the latter. For anyone interested in cultivating the fullest understanding possible of the wide world of tech-based economic development, I believe one of the best newsletters/websites is Ontario's Regional Economic Development and Innovation (OREDI) Newsletter, a free biweekly e-publication of the Ontario Network on the Regional Innovation System (ONRIS) at the Centre for International Studies, University of Toronto. Jointly sponsored by the Ministry of Economic Development and Trade and the Ministry of Energy, Science and Technology, every issue of the OREDI Newsletter is packed with links to quality articles, academic research papers, reports, proceedings, and events. The content selection is a good balance between Canadian, U.S. and other international perspectives on this field. For…

State Fiscal Conditions Continue Downward Spiral, Survey Says

The number of states reporting cost overruns, budget cuts and use of their fiscal reserves has grown significantly over the last three months, according to a report released last week by the National Conference of State Legislatures (NCSL). State Fiscal Outlook for FY 2002 - January Update addresses budget problems in FY 2002 and looks at fiscal developments affecting FY 2003 budgets. Data collected from state legislative fiscal offices by NCSL indicate that more than three-quarter of the states have implemented budget cuts or holdbacks and more than half are tapping their rainy-day accounts. All but five of the 50 states report that revenues are below projections. The future offers little hope for a quick recovery, as 37 states already report budget gaps in next year's revenue forecasts. Tax proposals to help balance FY 2003 budgets are under consideration in 19 states. Fifteen states already have tapped reserve funds, the report says, with another 10 reporting that they may have to take such action to balance their budgets.…

Changes Proposed to Improve ATP

Royalty payback requirements and expanding roles for universities are among the changes outlined by the U.S. Department of Commerce in The Advanced Technology Program: Reform with a Purpose. With goals of improving the Advanced Technology Program (ATP) and providing "stability" — making the program more palatable to its perennial Congressional detractors — the Department of Commerce has identified six structural changes within ATP. Since its first competition in 1990, ATP has provided $1.8 billion in funding for more than 580 projects supporting early-stage, high-risk research. For much of its history and despite several independent evaluations, the program has seen protracted appropriations battles with the House of Representatives. Even the President's FY 2002 budget request, the first submitted by the Bush Administration, proposed a funding hiatus for ATP while the program was reviewed. (Congress appropriated $185 million for ATP in FY 2002.) While giving a nod to ATP critics, the high-profile release of Reform with a Purpose by Commerce Secretary Don…

Tennessee Unveils New Economy Strategy

Earlier this week, Governor Don Sundquist and the Tennessee Technology Development Corp. (TTDC) released the New Economy Strategy, a broad plan to improve the state's economic viability through science and technology. The strategy encompasses many new initiatives to complement TTDC's existing portfolio of tech-based economic development efforts. Using six focus groups across the state, the planning process drew input from more than 175 people involved in research, economic development, science, and technology. Specific recommendations are organized to address five objectives: Build an Entrepreneurial Culture in Tennessee — calls for entrepreneurial education, angel investment networks, angel investment tax credit, increased venture capital investment, and continuing the annual venture capital forum. Turn Ideas into More Tennessee Companies and Higher-Quality Jobs — streamline the university and lab tech transfer practices; increase tech licenses granted by universities and federal labs; develop more tech incubators and networking;…

Strategic Plans Target Workforce in San Diego Region

The San Diego Work Force Partnership recently released four strategic plans as a blueprint to prepare San Diego's workforce to compete in the changing global economy. Initiated as part of a broader Regional Workforce Development Strategic Planning Initiative, the plans reflect the concerns of area businesses for developing and maintaining skilled workers. San Diego Regional Technology Alliance, a nonprofit organization, and San Diego State University completed the plans, which evaluated workforce development trends in four local industry clusters — biosciences, computer and electronics, software and computer services, and visitor services. To study and formulate recommendations for the clusters, the plans' focus was to identify cluster employers' current training needs, data needs for educators and employers, and strategies to improve ongoing communication between educators and employers. Key findings suggest that regional workforce committees be created around each industry to improve communication between industry and education.…

TEDCO, DBED Study Shows Origins of Maryland Entrepreneurs

The Maryland Technology Development Corp. (TEDCO) and the Department of Business and Economic Development (DBED) recently presented the first part of a two-phase study by the Johns Hopkins Institute for Policy Studies entitled The Genealogy of Maryland Entrepreneurs. Phillip Singerman, executive director of TEDCO, and David S. Iannucci, Maryland Secretary of DBED, provided the information Feb. 4 during the fifth annual State of Technology in Maryland Summit in Annapolis. Highlights of the first phase of the study reveal the following about the history of Maryland businesses: Maryland pillar companies and entrepreneurs have produced and financed successive generations of new companies. The state's business cycle has seen inventors and founders evolve to management teams with the infusion of new capital. Research institutions, including universities and federal labs, have resolved intellectual property issues to move commercialization forward. Immigrants have made significant contributions throughout the state's history. The…

Initiative to Strengthen Presence of Life Sciences in Central Indiana

Leaders of Central Indiana's top research, academic and economic development organizations announced on Wednesday an effort to develop the region as a world-class center for the life sciences industry. The Central Indiana Life Sciences Initiative — led by the Central Indiana Corporate Partnership (CICP), the City of Indianapolis, Indiana University, Purdue University and the Indiana Health Industry Forum — will seek to increase the number of jobs, businesses, and research opportunities in the life sciences industry in Central Indiana through four goals: Leverage sufficient investment capital for life sciences projects. Retain and attract a critically skilled life sciences workforce. Strategically market the region as a world-class health and life sciences hub. Develop successful collaborations, including a downtown research community. CICP will head the Initiative with staff support provided by the Mayor's Office and IHIF. Initial funding of nearly $1 million comes from CICP and the City of Indianapolis. The city's contribution of $750,000 was negotiated…

Tech-talkin' Govs: State of the State and Budget Addresses

This is the fifth installment in the "Tech-talkin' Govs" series which provides highlights of programs, policies, and issues included in the Governors' addresses related to tech-based economic development. Connecticut John G. Rowland, Budget Address, February 6, 2002 http://www.state.ct.us/governor/news/budget2002.htm Announced "21st Century UCONN," a second ten-year $1 billion bond schedule of rebuilding and revitalizing the University of Connecticut. Ohio Bob Taft, State of the State Address, February 5, 2002 http://www.state.oh.us/gov/MajorSpeeches/sos2002.htm To address the brain drain, provide workforce investment money to help create 10 new graduate retention programs throughout Ohio by the end of the year. Third Frontier Project — invest $1.6 billion over the next ten years to provide better research facilities and create new centers of innovation. The Project includes: $500 million over the next 10 years for the Technology Action Fund and the Biomedical Research Fund. Derived from the state'…