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Judy McKinney-Cherry is the new director of the Delaware Economic Development Office.

Carl Russell has resigned as president and CEO of Tucson Technology Incubator Inc. Bo Statham, a consultant to UniSource Energy Corp. on new business development and a client adviser at the incubator, has been named interim president.

Dr. Melvyn Schiavelli, senior program officer for the Harrisburg Polytechnic Development Corporation, has been named acting president and CEO, succeeding Dr. Charles Clevenger.

Lt. Gov. Gary Sherrer has left his position as secretary of the Kansas Department of Commerce and Housing to become executive vice president with GoldBanc Corp. Sherry Brown, who had retired from the department, will return to serve as interim secretary.

A ballot proposal being put forth by Citizens for a Healthy Michigan would reduce funding for Michigan Life Sciences Corridor sponsored projects by nearly $50 million annually, estimates a report released by the Michigan Economic Development Corporation (MEDC).  The annual reduction includes both the cut in direct funding and required matching funds for Corridor funded projects.

The Advanced Technology Program (ATP) has announced 40 awards potentially totaling $101.6 million in ATP funding matched by an industry cost-share of $92 million if carried through to completion. These awards were selected from proposals submitted to 2002 competition.

Construction is underway for the Cool Springs Life Sciences Center (CSLSC), a $74 million biomedical research facility planned for Franklin, TN, 15 miles south of Nashville. When completed, the 10-acre center will be home to life sciences-focused R&D facilities for biotech, pharmaceutical and medical device companies.

The National Commission on Entrepreneurship (NCOE) has released the American Formula for Growth – Federal Policy and the Entrepreneurial Economy, 1958-1998, a report that provides an extensive review of the role of public policy during the “entrepreneurial revolution” of the past 40 years.

Yesterday proved a big day for supporters of stem cell research as measures advanced in both Connecticut and Massachusetts. The Massachusetts law described in the May 16 issue of the Digest became law immediately after the state Senate voted 35-2 and the House voted 112-42 to override Gov. Mitt Romney's veto.

The Administration's proposal to replace 18 federal programs targeting different elements of community and economic development with a single, smaller program called the Strengthening America's Communities Initiative (SACI) received another blow last week (see the Feb. 14 issue of the Digest for more information on SACI).

New York's lead agency for promoting tech-based economic development (TBED) in the state soon will have a new name, if not a complete makeover. Under enacted budget legislation, the New York Office of Science, Technology and Academic Research (NYSTAR) will become the New York State Foundation for Science, Technology and Innovation by Jan. 1, 2006.

Louisiana State University's Business and Technology Center (LBTC) recently received the National Business Incubation Association's (NBIA) 2005 Randall M. Whaley Incubator of the Year award, recognizing overall excellence in business incubation programs. The award is NBIA's most prestigious honor, presented as a tribute to NBIA's first chairman.

The U.S. is currently the global leader in nanotechnology R&D, number of nanotechnology start-up companies, and research output as measured by patents and publications. However, that role is under increasing competitive pressure from other nations, according to an assessment of the multi-agency National Nanotechnology Initiative (NNI), which organizes federal nanotechnology research.

Recognizing the benefits of a skilled workforce to match the new manufacturing and high-tech jobs of the 21st Century, states are turning to worker training and retraining programs in order to remain economically competitive. During the past month, Tennessee, Nebraska and Connecticut committed a combined total of $37 million for worker training initiatives.

While many regions, states and countries are lamenting a drain of talent from their area, the Pakistan Higher Education Commission is taking an opposite strategy to strengthen the nation's science and research capacity: sending up to 15,000 of its brightest students to study selected disciplines abroad through its Foreign Ph.D. Scholarship Program.

In the opening ceremony of the 2005 FORTUNE Global Forum, held in Beijing on May 16, Chinese President Hu Jintao broadly outlined the course his country is taking to reach a goal of quadrupling its 2000 Gross Domestic Product (GDP) by the year 2020. Science, technology and innovation figure prominently in the strategy.

The National Science Foundation (NSF) recently announced 24 awards under the new Math and Science Partnership (MSP) Program — an anticipated investment of $240 million over five years in projects to improve the achievement of K-12 students in science and mathematics. The Department of Education is an NSF partner in this effort, co-funding two projects involving state education agencies.

Innovation Philadelphia (IP), the public-private partnership dedicated to enhancing the global innovation economy of Philadelphia through technological leadership, received on Monday a $442,500 investment from the U.S. Department of Commerce's Economic Development Administration.

Universities and the investment they pour into R&D are "major factors" that contribute to a region's economic growth, concludes a recent report funded by the Ewing Marion Kaufman Foundation, NCOE and the U.S. Small Business Administration (SBA). The report's results show the growth occurs in less time than traditionally has been noted and that small firms innovate at a rate almost twice that of large firms.

The continuing layoffs of thousands of workers, particularly in the information and communication tech sectors, creates significant hardships for the affected local and regional economies. For instance, a recent Federal Reserve Bank report noted office vacancy rates in Silicon Valley hovering around 40 percent.

Leslie McGranahan, in Unprepared for Boom or Bust: Understanding the Current State Fiscal Crisis, highlights the problems that are inherent in state policy when dealing with the cyclical behavior of the economy.

NASA has announced the Langley Research Center in Hampton, VA, will team with the National Institute of Aerospace Associates (NIAA), Reston, VA, to create the National Institute of Aerospace (NIA) to perform aerospace and atmospheric research, develop new technologies for the nation and help inspire the next generation of scientists and engineers.

Cluster-based economic development policy has gained wide acclaim in recent years as interest has grown in utilizing “cluster theory” in economic development. Some have found this idea to be appealing while others have been a bit less receptive of its ideas. Three recently released papers address cluster-based economic development from different angles. The first article explores options for utilizing cluster-based economic development in less advantaged regions.

A regional partnership of economic development organizations, led by the Department of Energy's Pacific Northwest National Laboratory (PNNL), announced the launch of the Northwest Technology Investor Network last week. The network is an online forum that links investors and entrepreneurs in the high-tech sector.

True technology growth for Orange County hinges on a broader, more supportive infrastructure, argues the latest research report by the Los Angeles Regional Technology Alliance (Larta).