Last week, Agriculture Secretary Ann M. Veneman announced the selection of 29 economic development projects to receive more than $3.1 million. Funding provided through USDA Rural Development's business opportunity grants and economic development loan and grant programs will assist over 455 businesses and create or save nearly 3,000 jobs, according to the grant proposals.
The new Arizona Technology Council (ATC) has announced its vision and mission as a non-profit association committed to growing member companies and the technology industry in Central and Northern Arizona.
When budgets tighten for state and local governments, as they have in nearly every corner of the country, legislatures and political leaders look for areas to reduce spending. Having a strong documented record of the positive impact of your technology-based economic development efforts and investments can help protect vital programs from the axe.
Many areas of the country are experiencing a brain drain, an outmigration of recent college graduates leading to a decline in the available labor pool of entry level workers, young entrepreneurs and future civic leaders. A new initiative, however, hopes to reverse that trend in Northeastern Pennsylvania by strengthening the social, networking and professional relationships among young skilled workers in the Wilkes-Barre region.
Federal research facilities can be a bit intimidating for a small- or medium-sized technology firm. But if a business is looking for solutions to technical problems, new technologies to commercialize or adopt, a research partner, or funding to perfect some technology, the vast resources of the nation's 700+ federal research laboratories could hold the key to commercial success.
The Manufacturing Extension Partnership (MEP) is a nationwide network of not-for-profit centers in more than 400 locations nationwide. Their sole purpose is to provide the 357,000 small and mid-sized manufacturers in the U.S. help to succeed in a global economy.
The interim director for Cleveland's new Industrial Technology Institute will be Charles Alexander, dean of the College of Engineering at Cleveland State University.
Anne Armstrong, who in July resigned as president of Virginia's Center for Innovative Technology, is returning to Federal Computer Week as its publisher. Armstrong was with the weekly publication prior to joining CIT.
The interim director for Cleveland's new Industrial Technology Institute will be Charles Alexander, dean of the College of Engineering at Cleveland State University.
Anne Armstrong, who in July resigned as president of Virginia's Center for Innovative Technology, is returning to Federal Computer Week as its publisher. Armstrong was with the weekly publication prior to joining CIT.
Michael Finney, vice president for Emerging Business with the Michigan Economic Development Corp (MEDC), is leaving MEDC to become the first president and CEO for the Greater Rochester Enterprise in New York.
Otto Loewer is leaving his position as dean of the College of Engineering at the University of Arkansas to become the founding director of the university's new Economic Development Institute.
Secretary of the Pennsylvania Department of Community and Economic Development for the past five-and-a-half years, Sam McCullough is resigning effective October 25.
Doug Rothwell, President and CEO of MEDC, has announced his resignation with the end of Governor John Engler's term in December.
The Rhode Island Economic Policy Council has named Jerry Schaufeld as director of the Samuel Slater Technology Fund.
Envirogen, Inc. cofounder Ronald Unterman will be the executive director of the newly created Slater Center for Marine & Environmental Technologies. The center was created through the merger of two existing Slater centers.
Kathleen Wise is the new Director of Programs for the New York Office of Science, Technology and the Advancement of Research. She fills the position vacated this summer by Keith Servis.
Washington Gov. Christine Gregoire last week signed a bill creating the Life Sciences Discovery Fund (see the Feb. 7 issue of the Digest).
One starts up. Another bites the dust. The Certified Capital Company (CAPCO) Program, a complicated and controversial tool used by some states to encourage venture capital investments, finds its beginnings in one region while seeing its demise in yet another.
Arizona's investment and technology communities are the anticipated winners from the state legislature's recent passage of a tax credit encouraging angel capital investments in start-up Arizona tech firms.
As expected, Massachusetts Gov. Mitt Romney rejected last week Senate Bill 2039, the bill supporting stem cell research. Exercising a power not enjoyed by all governors, Gov. Romney sent the measure back to the legislature with four amendments for consideration, rather than vetoing the measure.
Moving forward with the governor's statewide broadband initiative, the ConnectKentucky Steering Committee and Gov. Ernie Fletcher recently unveiled Phase I Maps to illustrate service gaps and to serve as an economic development resource for communities.
While many states are striving to increase broadband availability (see the Kentucky story above, for example), a Providence-based nonprofit released a study this month promoting the feasibility of making Rhode Island the first entirely networked state for broadband wireless.
The South represents 20 percent of the nation's economic activity but attracts only 9 percent of the total U.S. venture capital invested. In an effort to bring those numbers closer together, the Southern Growth Policies Board recently announced the creation of a multi-state task force dubbed VentureSouth. Virginia Gov.
Sometimes when people are surrounded by others who share backgrounds, beliefs or opinions, they assume everyone thinks that way -- or should. It is one of the negative side effects or symptoms of the phenomenon known as "group think."
Encouraging economic growth in rural America is the topic of a recent report, a new $500 million economic development investment program, and an upcoming conference worth further investigation.