SSTI Digest

Over the past few months, several new research park announcements have been made, including a $2.5 billion public-private investment in Kentucky. Gov. Ernie Fletcher last month announced plans for the expansion of the Louisville Health Sciences Campus. The project will encompass the 30-block radius that houses the Louisville health sciences campus. A current U of L parking lot, known as the Haymarket property, will be converted into a 700,000-square-foot state-of-the-art laboratory and office space.  

Arizona Technology Enterprises, the organization responsible for overseeing licensing and commercialization activities at Arizona State University, has selected Augustine Cheng as its new managing director.

With less than two weeks to go before the new fiscal year, Arizona and New Jersey lawmakers approved funding for cutting-edge research at the close of their 2007 legislative sessions last week. Following is a synopsis of the TBED initiatives slated to receive funding under the respective budget agreements.   Arizona Following several months of debate, Arizona lawmakers reached a budget agreement last week that is on target with many of Gov. Janet Napolitano’s priorities, including investments in innovation and education (see the Jan. 22, 2007 issue of the Digest).  

Augustine Cheng was appointed managing director of Arizona Technology Enterprises.

Alternate financing schemes increasing to pay for popular TBED tool State and local strategies to assist new technology business formation often focus on three elements: helping firms secure much needed funding or capital (either private or public), lower their operating costs, or gain access to the intellectual and knowledge resources necessary to succeed. Since successful technology business incubators or accelerators usually address all three elements, the nation’s newspapers are continually reporting on the planning, construction or expansion of these useful TBED tools. A few recent announcements are highlighted below.   Arizona

The Greater Phoenix Economic Council has named Robert Hooley as vice president of emerging technology.

While the Tucson area is growing rapidly, surpassing one million residents last fall, regional economic development officials are concerned about personal income levels keeping pace with the growth. They argue that a highly-skilled and educated workforce within existing and emerging clusters is imperative to raise per capita personal income and to improve the region’s economic growth along with its burgeoning population.   Tucson Regional Economic Opportunities (TREO) recently released an Economic Blueprint that identifies five major focus areas and outlines an action plan utilizing a cluster development strategy for sustained growth and a competitive state economy. These areas include:

Donna Kent resigned as president and CEO of the Arizona Technology Council to accept a position with Televerde, a marketing service solutions provider based in Tempe.

Dick Munson is stepping down as executive director of the Northeast Midwest Institute to help start Recycled Energy Development, LLC.

Earlier this month, Gov. Janet Napolitano presented Arizonans with a three-part plan to prepare for the 21st century economy in her annual State of the State Address. The One Arizona Plan would support state economic growth by investing in education, physical infrastructure and innovation. During her address, Gov. Napolitano emphasized the need to increase Arizona’s innovation capacity and to build a technologically-savvy workforce. The One Arizona Plan would approach these goals by increasing curriculum requirements for K-12 students, creating incentives to attract and retain high-quality educators, build new academic research facilities, and offer financial support for high-tech researchers and entrepreneurs.   The governor’s Executive Budget Proposal for fiscal year 2008 provides more details about the plan and its implications for state TBED. Under the governor’s plan, the state would dedicate over $75 million in new funding to science and technology initiatives, according to the Arizona Republic.  

SSTI annually scans the inaugural, budget and state of the state addresses given by the nation's governors to see how TBED priorities fare as the state leaders present their legislative priorities for the year. If the addresses are right, more than a handful of states will be "the" leader for alternative or renewable energy within a variety of time spans. Highlights of speeches available at press time include: Arizona Gov. Janet Napolitano, State of the State Address, Jan. 8, 2007 "I want to focus on where we go from here, where we will take Arizona in the 21st century. There are three components to this One Arizona Plan – the keys to making our state stronger than it has ever been: The first key is Education … to guarantee that every young person who graduates from Arizona’s schools is truly prepared for a world of competition and innovation...The third key is Innovation.

The University of Arizona's Office of Economic and Policy Analysis seeks a highly qualified and motivated individual to conduct and advance a nationally recognized applied research program in regional economics. Focus areas include regional economic integration, cross border trade and linkages, economic impact analyses, and evaluation of economic development policies. A full description of this opportunity and others is available through the SSTI Job Corner at http://www.ssti.org/posting.htm.