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Kansas Gov. Kathleen Sebelius named Howard Fricke to serve as secretary of the state's Commerce Department.

Don Hutchinson is the new director of the Mayor's Office of Economic Development for the city of New Orleans.

Connecticut Gov. Jodi Rell named Marie O'Brien to oversee the Connecticut Development Authority.

DC Tech, the Washington DC Technology Council, announced Penny Pickett will be the new president.

IEDC's legislative director, Toby Rittner, has been named executive director of the Council of Development Finance Agencies.

Jay Tieber is the new president of the National Association of Seed and Venture Funds.

New York City Launches Second Biotech Incubator Companies wanting to commercialize new technologies can now bring their companies to Brooklyn, with the June opening of a new technology incubator located near Downstate University's biochemistry department.

Travel and training dollars are limited for most tech-based economic development programs. For many states, these are the first budget items frozen in a cutback. As a result, you need to get the most bang for each dollar spent on professional development for each staff member.

Former New Mexico Gov. Garrey Carruthers (1987-1990) has been named vice provost for economic development at New Mexico State University.

The Louisiana Emerging Technologies Center announced Arthur Cooper will serve as its first executive director.

South Carolina Research Authority president Larry Druffel has announced he will retire next year.

Science Foundation Arizona (SFAz) has released its strategic investment plan for fiscal year 2006-07, which includes grants to support university research, new high-tech businesses, and K-12 STEM education. The investment strategy will guide SFAz’s grant award decisions during its first year of operations and represents a starting point for the organization, which hopes to develop the plan into a long-term strategy for economic development.

 

Governor Urges Pension Fund to Invest in Emerging Tech Companies

Starting in January, a new advisory council within the Texas Governor’s Office will begin work on a long-term strategy to bolster the state’s economic competitiveness. The Competitiveness Council will be charged with designing an overall framework for cooperation between public and private organizations involved in economic development. Gov. Rick Perry will appoint the group’s members by the end of the year.

 

The number of doctorates awarded in the U.S. within science and engineering (S&E) fields reached an all-time high in 2005, according to a recent National Science Foundation (NSF) issue brief. After the previous high of 27,273 S&E doctorates awarded in 1998, the number decreased for four years until 2002, and has steadily increased the past three years to the 2005 number of 27,974 Ph.D. graduates.

 

One out of four public, venture-backed companies started since 1990 were founded by entrepreneurs who immigrated to the U.S. before starting their company, according to a recent study commissioned by the National Venture Capital Association. Immigrant-founded companies are even more common within high-tech industries, where 40 percent of all new publicly traded firms in the past 16 years have had immigrant founders, including widely-acclaimed IT success stories like Google, Yahoo! and eBay.

Describing the impact of universities can be a vexing issue for both the higher education and TBED communities. Two recent reports, one by the Atlanta Regional Council for Higher Education (ARCHE) and the other by the Iowa Board of Regents, utilize different approaches to help communicate the importance of higher education institutions to a local economy.

 

Forum Aims to Support Entrepreneurs in Southern New Jersey

Rowan University Wins Approval for Technology Park Loan

Boise Gains First Angel Investor Network