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SSTI Digest
SBA Develops ACE-Net
The Small Business Administration (SBA) has developed the Angel Capital Electronic Network (ACE-Net) to link small companies and investors through the Internet. Entrepreneurs will be able to put their prospectus on a secure database that can be searched by approved individual or "angel" investors. The goal of the network is to improve access to equity capital for small companies that need capital in the $250,000 to $5 million range.
Incumbent Governors Re-elected
All incumbent governors that ran for re-election on Tuesday were re-elected. Only four gubernatorial races were for open seats (Indiana, New Hampshire, Washington, and West Virginia) and those elections resulted in no net gains for either the Democrats or Republicans. In New Hampshire, a Democrat was elected governor succeeding Republican Steve Merrill, while in West Virginia, a Republican will replace Democrat Gaston Caperton.
Governors elected on Tuesday:
Democrats Make Slight Gain in State Legislatures
As with other races this year, there was little overall change in the control of state legislatures, although the Democrats did make some progress, based on figures compiled by the National Council of State Legislatures.
Prior to the election:
- Republicans controlled both houses in 18 states
- Democrats controlled both houses in 16 states
- Control was split in 15 states
After Tuesday's voting:
ATP Application Rate Holds Steady
Advanced Technology Program (ATP) officials announced that they have received 309 proposals in the 1996 ATP general competition, which closed in mid-September. Preliminary analysis of the proposals shows strong concentrations in a wide variety of technology areas, including biotechnology, electronics, chemical processing, computer hardware and software, energy and manufacturing.
Competitions in each of the last three years have received an average of 300 applications. Between $20-25 million in funding is expected to be distributed to winners. The announcement of projects selected for funding is expected in early 1997.
Nominees Sought for Small Business Person of the Year
The U.S. Small Business Administration (SBA) is seeking nominees for Small Business Person of the Year. The deadline for nominations is November 15.
A Small Business Person of the Year is selected from every state, the District of Columbia, Puerto Rico, the Virgin Islands, and Guam. From this pool, one individual is selected as the national Small Business Person of the Year.
Each state's Small Business Person of the Year must meet criteria which include staying power, growth in employment, increase in sales/unit volume, innovation, response to adversity, and evidence of contributions to their community.
People
President Clinton recently announced his intention to nominate Dr. Jane Lubchenco, Distinguished Professor of Zoology at Oregon State University, to the National Science Board, an advisory body to the National Science Foundation. The National Science Board recommends overall national policies for promoting basic research and education in the sciences.
Lionel "Skip" Johns, associate director for technology at the White House's Office of Science and Technology (OSTP), announced he would be leaving his position in October.
Sigfried Hecker, the director of Los Alamos National Laboratory, announced that he is stepping aside in order to participate more closely in scientific collaboration between US and Russian researchers. Hecker has headed Los Alamos since 1986.
People
President Clinton recently announced his intention to nominate Dr. Jane Lubchenco, Distinguished Professor of Zoology at Oregon State University, to the National Science Board, an advisory body to the National Science Foundation. The National Science Board recommends overall national policies for promoting basic research and education in the sciences.
People
Lionel "Skip" Johns, associate director for technology at the White House's Office of Science and Technology (OSTP), announced he would be leaving his position in October.
People
Sigfried Hecker, the director of Los Alamos National Laboratory, announced that he is stepping aside in order to participate more closely in scientific collaboration between US and Russian researchers. Hecker has headed Los Alamos since 1986.
People
Jay F. Honeycutt, the director of NASA's Kennedy Space Center (KSC), has announced his plans to retire from NASA in early 1997. He became director in 1995.
People
Dr. Robert Schrieffer (Physics, Florida State University and University of Florida), Dr. Kenneth J. Arrow (Economics, Stanford University), Dr. Elsa Garmire (Engineering, Dartmouth College) and Dr. Joan Argetsinger Steitz (Life Sciences, Yale University) were chosen by President Clinton to serve on the President's Committee on the National Medal of Science. The National Medal of Science was created by federal law to recognize individuals who have made outstanding contributions to science and engineering.
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