SSTI Digest

The Global Venture Forum is a business development event sponsored by the Osaka Chamber of Commerce to help Japanese and foreign firms find Japanese partners for investment, trade, distribution, and global business.

Since the Global Venture Forum started in 1995, 44 percent of the participants have found business partners.

Approximately 35 firms will be selected to join 15 Japanese businesses as presenters. Selected firms pay a registration fee of $950 which covers meals, one-night hotel accommodations, all AV equipment, a professional interpreter for two days, simultaneous translation, and translated summaries distributed to Japanese organizations, media and businesses.

There is no cost to submit an application to present. Two-page applications are due by June 15.

The State Science and Technology Institute (SSTI) is seeking a Policy Analyst. The Institute serves as a resource center for initiatives in all 50 states that encourage technology-based economic development.

The Analyst's responsibilities include: conducting research on policy issues; interacting with state and federal practitioners and policy makers; writing and producing issue papers and project reports; contributing to a weekly newsletter; responding to requests for information; and working with staff, board members, and sponsors on a variety of projects.

Candidates should have excellent written and verbal skills; strong research and organization capability; the ability to work independently and as part of a team; and, a dedication to creating a quality product.

As Wall Street waited for the Dow to top 10,000, venture capital investments were also reaching a new high, according to the latest PricewaterhouseCoopers Money Tree Survey. Venture-backed investments rose to a record $4.286 billion during the first quarter of 1999, a 41 percent increase over the first quarter of 1998. The survey's previous record of $3.77 billion was set during the third quarter of last year.

Washington's technology boom hasn't been enjoyed equally by most communities outside of the Seattle or Spokane urban areas. Two laws recently passed by the Washington legislature are intended to provide tax credits, infrastructure financing, and other incentives to spread the economic benefits of technology into the state's most rural counties.

House Bill 2260 grants 100 percent, seven-year Business & Occupation (B&O) tax credits to businesses in rural counties engaged in providing "help desk" technologies to other businesses. After the seventh year, the credit is reduced to 68 percent.

The bill also gives a $1,000 B&O credit for each new software manufacturing or software develop-ment job created by any business in rural counties. The credit may be applied each year for up to six years provided the job is maintained.

The Department of Energy has announced 16 awards under the 1999 solicitation for the Small Business Technology Transfer (STTR) Program. The following table presents states with companies and academic institutions or federal labs selected in the competition. Only five of the awards were made to projects in which the company and university are located in the same state. Award information is posted at http://sttr.er.doe.gov/sttr/ 

Virginia's Center for Innovative Technology is seeking a new President and Chief Executive Officer. The CIT president's primary responsibility will be to assist the Secretary of Technology in implementing the Commonwealth's technology strategy by developing and directing CIT's key role in the strategy. Applications are due by June 22, 1999.

The Maine Science and Technology Foundation is seeking a Director of Policy Analysis to manage the development and implementation of the state's science and technology policy and the measurement of the impact of science and technology on the state's economy. Applications are due by June 15, 1999.

Full position descriptions for both can be found on the SSTI home page at www.ssti.org