In what may be the first gift of its kind, a $5 million cash donation has been made to a technology transfer office to endow the commercialization of new health technologies. The Cleveland Clinic announced receipt of the donation from John Ferchill, a Northeast Ohio real estate developer, in mid-December.
In 2003, Arizona Governor Janet Napolitano charged the Governor's Council on Innovation and Technology with developing specific recommendations to help diversify the state's economy. With recommendations including new and expanded tax credits, public-private venture capital, angel capital funds, workforce development and internship programs, and lobbying Washington for more funding, the governor now must find a way to finance the plan in a tight fiscal environment.
The impacts of globalization and free trade can make the task of building a vibrant local economy daunting. Given the transformation of agriculture from family farms to mega-corps and factory animal facilities, the cards seem doubly stacked against America's smallest communities — those rural towns and counties with fewer than 10,000 residents.
The beginning of 2004 finds many folks in the tech-based economic development community making career changes:
Deborah Fleischaker has been appointed deputy secretary for the New Mexico Department of Economic Development.
Deborah Fleischaker has been appointed deputy secretary for the New Mexico Department of Economic Development.
The Greater Baltimore Alliance, now renamed as the Economic Alliance of Greater Baltimore, has appointed David Gillece as chief executive officer and Christian Johansson as managing director.
Maryland's Department of Business and Economic Development has reorganized into three geographically defined divisions. Robert Hannon has been named to run the regional program.
During its annual meeting in December, members of the National League of Cities have elected Charlie Lyons, a selectman for Arlington, MA, to serve a one-year term as president.
The Acting Director for the Idaho Department of Commerce is Roger Madsen. Madsen also is serving as director of the state Department of Labor.
Joe May, president of Colorado's community college system, announced his retirement, effective in February.
The Greater Antelope Valley Economic Alliance has appointed Tony Moon as its new president.
Robert Olsen, the director of the Fitzsimons Redevelopment Authority, will become the head of the Economic Development Administration's regional office in Denver.
Robert Pozen, secretary of economic development for Massachusetts Governor Mitt Romney, announced his resignation, effective at the end of 2003.
The Michigan Economic Development Corporation has named Sandy Ring to the new position of vice president for economic development policy.
Kelvin Simmons is the new director of the Missouri Department of Economic Development, replacing Joe Driskell who held the position for 10 years. Simmons had been serving as chairman of the state's Public Service Commission.
Leroy Williams has been named as the new technology secretary for the state of Colorado. Williams, previously the state's chief information officer, will manage the Governor's Office of Innovation and Technology.
The Ewing Marion Kauffman Foundation awarded on Monday $25 million in grants to eight U.S. universities that pledged to make entrepreneurship education available across campus. The selected universities, shown with their award amounts, are:
A collaborative agreement formed Tuesday between AT&T and the Southeastern Universities Research Association (SURA) is expected to speed the creation of regional and national grid services. SURA, a nonprofit organization, is comprised of more than 60 leading research institutions in the southern U.S. and the District of Columbia.
New grants totaling more than $28.5 million will help foster the development of new products and markets for agriculturally based products, the U.S. Department of Agriculture (USDA) announced last week. In all, 184 value-added agricultural product market development grants were distributed across 40 states.
A new energy initiative in West Virginia, Energy Village, aims to help grow the state's small and start-up energy and environmental technology businesses. Gov. Bob Wise announced $125,000 in funding for the initiative on Monday.
To promote biotech in Baton Rouge, a new study sponsored by Capital Region Competitive Strategy (CapStrategy) recommends constructing an "idea pipeline" to better commercialize the intellectual property and research generated in the region's universities, hospitals and research institutes. CapStrategy, a nonprofit, cluster-based economic development initiative, operates under the Chamber of Greater Baton Rouge and represents nine parishes in the region.
A new report prepared for the U.S. Economic Development Administration aims to provide public officials, development practitioners and researchers with a greater understanding of the relationship between the creation and commercialization of technologies and regional economic development. Technology Transfer and Commercialization: Their Role in Economic Development begins by outlining the causes and effects of the restructuring of the U.S. economy that necessitates technology-focused development strategies.
The SSTI Weekly Digest will resume publication on January 9. We hope all our readers have a safe, prosperous, and happy 2004.
Building on the his first economic plan, Vermont Governor James Douglas has announced a second set of proposals to retain and create jobs in the state. The governor's eight-page Creating Jobs for the 21st Century embodies several tech-based economic development elements within the four primary goals outlined below. Some of the highlights include:
The high tech economy of Massachusetts is emerging from the recent recession with its fundamental strengths in science, technology and entrepreneurship in good shape, according to the Executive Index of the Massachusetts Innovation Economy. Significant innovation in the state’s industries, however, is necessary to make up for the jobs lost since 2000, the index states.