As credit and early-stage investment capital become increasingly scarce, more state, regional and local governments and organizations are stepping in to help local entrepreneurs get their companies off the ground. In many cases, offering equity investments is not always an attractive option to the public organization.
The role of a technology incubator or accelerator for supporting nascent firms generally is regarded with the utmost importance by the tech-based economic development community. Tech incubators provide essential resources for startup companies to develop and commercialize new technologies, leading to the creation of high-quality jobs.
The business development organizations Ann Arbor SPARK and Ann Arbor IT Zone are in the process of finalizing a merger. The resulting organization will be Ann Arbor SPARK.
Canada's 17 research parks have agreed to join forces, creating a formal association.
The business development organizations Ann Arbor SPARK and Ann Arbor IT Zone are in the process of finalizing a merger. The resulting organization will be Ann Arbor SPARK.
Canada's 17 research parks have agreed to join forces, creating a formal association.
Conexus Indiana, a new initiative focused on the state’s advanced manufacturing and logistics industries, will be led by President and CEO Carol D’Amico, former executive vice president and chancellor of Ivy Tech Community College.
Utah Gov. Jon Huntsman has named Dr. Ragula Bhaskar chairman of the Governor's Office of Economic Development (GOED) Board. In addition, GOED has appointed Tamara Goetz as the state's new science advisor.
Alex Fischer, formerly Oak Ridge National Laboratory's director of technology and economic development, has been tapped as the new vice president for commercialization for Battelle.
Rick Homans announced that he will step down as executive director of the New Mexico Spaceport Authority, effective July 27.
Albert Johnson Jr. is the new vice president for university advancement at Cameron University. Ronna Vanderslice also has been selected as dean of the university's School of Education and Behavioral Sciences.
Dr. Russ Lea has been named vice president for research at the University of South Alabama.
The Putnam County Development Authority (W.Va.) has appointed Heather Lewis as its new economic development project director.
Jay Moskowitz was named the first president of Health Sciences South Carolina.
Boise State University has tapped Mark Rudin as its new vice president for research.
Charles Sparks was named business development director of the Indiana Economic Development Corporation.
Indiana University announced that William Stephan will be the university's new vice president of engagement, a newly created position that becomes effective in September.
E. Norris Tolson is officially the president and CEO of the North Carolina Biotechnology Center, having served as interim CEO since January.
Complete descriptions of the position openings described below are available at http://www.ssti.org/posting.htm.
Green stimulus investments have the potential to yield a greater number of jobs and greater long-term prosperity than traditional stimulus investments, according to a new study presented at the recent G20 summit. The report examines the stimulus packages passed in the G20 countries, particularly their relative emphasis on spending related to sustainability.
In the midst of a national economic recession contributing to a record number of job losses in traditional industries, forward thinking states are exploring ideas and committing funds to help grow and diversify their economies and strengthen their renewable energy portfolios.
On April 14, the National Science Board NSB released for public comment a draft report, Building a Sustainable Energy Future, which calls on the nation to lead the fundamental transformation of the current energy economy from one that is dependent on fossil fuel to one that thrives on sustainable and clean energy. The draft NSB report outlines key findings and makes recommendations for the federal government, with specific priority guidance for the National Science Foundation.
Within the last two weeks, both Kentucky and Michigan announced major developments in their ongoing efforts to build a statewide advanced battery industry. With these initiatives, the states hope to better position themselves for upcoming rounds of advanced battery development grants from the federal government and other future sources of investment.
Last week, the Board of Trustees at the University of Toledo approved the creation of a School of Solar and Advanced Renewable Energy. The School will integrate faculty from multiple science, engineering, and business disciplines to offer its own degrees and perform collaborative research, often with industrial partners associated with the region's established solar energy and photovoltaics cluster.
Complete descriptions of these opportunities and others are available at: http://www.ssti.org/posting.htm.
In honor of Earth Day, SSTI has prepared a special edition of the SSTI Weekly Digest focused almost exclusively on green issues, ranging from a round-up of recent developments to encourage the creation and growth of alternative energy companies to a profile of Toledo's solar success story. Enjoy the news, and pass this issue along to others you think would be interested-but do it electronically, please.