Over the last 10 years, the State of Maine has invested more than $296 million into R&D – an impressive figure for a state with an average population over the decade of just over 1.3 million people. In approving a mid-decade injection of funds, the state’s legislature skeptically or wisely asked the executive branch to periodically conduct independent assessments of whether or not the investment is worthwhile.
The Association of University Technology Managers (AUTM) recently released the results of its fiscal year 2005 licensing survey. The survey, conducted annually by the nonprofit AUTM, provides quantitative information about licensing activities at U.S. and Canada universities, hospitals and research institutions. This year's format is slightly different, however. The 15th annual survey presents data accompanied by success stories and allows respondents to remain anonymous.
It is the nation’s first Entrepreneurship Week, with many events, workshops and contests taking place across the country to encourage more people to consider becoming entrepreneurs. A complete list of activities is available at www.entrepreneurshipweekusa.com. With this issue, SSTI honors America’s tech entrepreneurs – and the state and local TBED efforts designed to ensure more of these firms succeed!
In the global competition to create the best markets for entrepreneurs, Hong Kong moved up from second place in 2005 to reclaim the top spot, according to the Milken Institute's 2006 Capital Access Index. Hong Kong was first in the 2004 edition of the index.
In 2006, Singapore rose from third to second place. The United Kingdom, ranking first in 2005, slipped back to third for the 2006 rankings, while the U.S. dropped from fourth to fifth because of an increase in the lending rate.
The National Institute of Standards and Technology (NIST) recently announced the Advanced Technology Program (ATP) will conduct a new competition in fiscal year 2007 for cost-shared awards to support high-risk industrial R&D.
Whether you call it an incubator, accelerator, technology center or innovation zone, most communities actively engaged in promoting tech entrepreneurship can point to a building or group of buildings that houses some of those efforts. These facilities increase the success of budding tech firms by providing some combination of low-cost space, shared resources, business assistance, intellectual property assistance, and access to capital.
When it comes to new firm survival in the service sector, do regions that have above-average high school dropout rates fare worse than regions with higher percentages of their adult populations earning college degrees? The answer, according to a recent discussion paper by Zoltan Acs, Catherine Armington, and Ting Zhang, is it depends.
Nineteen states that applied for assistance under the Small Business Innovation Research (SBIR) Program in fiscal year 2005 saw an award-to-proposal conversion rate greater than the national average of 16.4 percent. Of those states, five experienced rates of greater than 20 percent - Nebraska (29%), Maine (27.3%), District of Columbia (25%), Montana (21.8%), and Washington (20%).
The Georgia Department of Economic Development (GDEcD) is seeking a director to run its Innovation and Technology Office. The director is responsible for implementing and expanding a statewide technology and innovation-based economic development program that encompasses a full range of sales, marketing, business recruitment, business development, community development and public relations activities.
While federal law and our own moral ethics prevent us from putting her to work in the near future, SSTI is excited to welcome Madelynn Elizabeth Carr to the world as the newest member of the SSTI team. Ms. Carr was born to SSTI Executive Assistant Ruth Carr and her husband, Larry, on Wednesday, Nov. 17.
While federal law and our own moral ethics prevent us from putting her to work in the near future, SSTI is excited to welcome Madelynn Elizabeth Carr to the world as the newest member of the SSTI team. Ms. Carr was born to SSTI Executive Assistant Ruth Carr and her husband, Larry, on Wednesday, Nov. 17.
The National Technology Transfer Center named James Goulka as its new CEO. Goulka formerly was president and CEO of the Frank Lloyd Wright Foundation in Scottsdale, AZ.
Ken Marcus is the new director of the University of Arizona Science and Technology Park.
John Nauseef has been appointed CEO of Dayton Development Coalition, filling the position to be vacated by Ron White when he resigns at the end of the year.
Montana Gov.-elect Brian Schweitzer tapped Tony Preite to serve as director of the state Department of Commerce. Priete is currently director of the office of commercialization and economic development outreach at the University of Montana and is a former regional director for the Colorado office of the Economic Development Administration.
Indiana Gov.-elect Mitch Daniels has named Chuck Schalliol as his budget director. Schalliol had been on loan from Eli Lilly and Co. since April to serve as president and CEO of Central Indiana's BioCrossroads.
With the goal of creating new access to venture capital (VC) for area businesses, Arizona and Montana are investing up to $50 million into a “fund of funds” concept. Both states are undertaking this multi-management model with the hopes of luring high-tech start-up companies. Their efforts are described in further detail below.
University of Southern Mississippi Research Foundation President Angie Dvorak was named president of the Area Development Partnership. Dvorak currently serves on the organization’s executive committee.
University of Southern Mississippi Research Foundation President Angie Dvorak was named president of the Area Development Partnership. Dvorak currently serves on the organization’s executive committee.
Jan Griffen has accepted the position of Director of Contracts for the National Institute of Aerospace. Griffen was formerly the director of federal programs for the Virginia Center for Innovative Technology.
Eastern Idaho Economic Development Council has changed its name to Grow Idaho Falls Inc. to better convey its mission.
An advocate for small businesses in Washington known as “Mr. Small Business,” Milton Stewart died of pneumonia on Nov. 5 in Phoenix.
Gov. Mike Rounds announced Steve Zellmer will replace Dave Snyder, who resigned his position as board member for the South Dakota Science and Technology Authority. Zellmer previously served as Commissioner, Bureau of Finance and Management and Secretary of Revenue in Pierre.
This is the fourth installment of SSTI’s look at the Inaugural, Budget and State of the State Addresses delivered in the past week. Earlier installments, published Jan. 29, Jan. 15 and Jan. 8, are available through: http://www.ssti.org/Digest/2007/headlines07.htm
Selected excerpts of the most recent batch of speeches are provided below:
Connecticut
Texas Gov. Rick Perry unveiled his budget proposal for fiscal year 2008-09 with an additional $300 million to recapitalize the state’s Emerging Technology Fund (ETF). The program provides loans and grants to commercialization projects with ties to state universities, and to create research centers in key technology areas. The funding would represent a significant expansion of the program, which received $200 million when it was established in 2005 and no new funding in 2006.