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Convergence Group Formed in Silicon Valley

Two new posting were added to SSTI's online Job Corner this week. Brief descriptions are provided below. More information is available at: http://www.ssti.org/posting.htm

Former Michigan Governor John Engler, also chairman of SSTI's Board of Directors, has been chosen to serve as president and CEO of the National Association of Manufacturers. He will assume his new position on Oct. 1, 2004.

Former Michigan Governor John Engler, also chairman of SSTI's Board of Directors, has been chosen to serve as president and CEO of the National Association of Manufacturers. He will assume his new position on Oct. 1, 2004.

Georgia Department of Industry, Trade and Tourism commissioner W. Glenn Cornell has announced his retirement, effective June 30. Craig Lesser is Gov. Sonny Perdue's recommendation as Cornell's successor.

Brian Mefford will assume the position of president and CEO of Kentucky's Center for Information Technology Enterprise.

The NanoBusiness Alliance has named Sean Murdock to serve as its new executive director.

Baiju Shah is the new president of the Cleveland's BioEnterprise Corp., succeeding Matt Jennings.

The Oklahoma Center for the Advancement of Science and Technology has named Sheri Stickley interim executive director, following the resignation of William Sibley.

Pete Tartline has resigned his position as president and CEO of the Technology Council of Central Pennsylvania.

Tina Van Camp has been named the director of the South Dakota Governor's Office of Economic Development.

Former president and CEO of the Columbus Technology Council William "Sandy" White is the new CEO of the University of Alabama at Birmingham Research Foundation.

The board of directors of Mid-America Manufacturing Technology Center (MAMTC) has appointed Lavon Winkler as its new president and CEO.

Joe James, director of the South Carolina Council on Competitiveness, has resigned his position with the S.C. Department of Commerce.

Joe James, director of the South Carolina Council on Competitiveness, has resigned his position with the S.C. Department of Commerce.

The new deputy undersecretary for the Technology Administration in the U.S. Department of Commerce is Michelle O'Neill. O'Neill formerly served as deputy assistant secretary for the International Trade Agency.

SSTI congratulates Tom Persons, president and CEO of the South Carolina Technology Alliance, for receiving the Individual Achievement Award from the Greater Columbia Chamber of Commerce.

Former NASA Administrator Richard Truly, now head of the National Renewable Energy Laboratory, announced his plans to retire in November.

Janet Yancey-Wrona, director of the Maine Technology Institute (MTI), has been named the Governor's Science and Technology Advisor and the first Director of Innovation for the Maine Department of Economic and Community Development. In her new position, Dr. Yancey-Wrona will oversee the state's research and TBED activities, including MTI, the business incubator program and Maine EPSCoR initiative.

Starting next year, every Rhode Island high school student will be able to participate in the Vex Challenge, an international robotics competition that gives students firsthand experience with project management and engineering. A coalition of education and science and technology advocates, led by the nonprofit Business Innovation Factory, will cover the costs to schools and funding for an annual statewide tournament beginning in 2007. Rhode Island Gov.

FSU hopes new hires will enhance reputation

The competition for the superstars of the research world is heating up, as more and more universities create programs to attract research faculty to their campuses. One of the most ambitious in the country is Florida State University's Pathways to Excellence program. FSU intends to hire 200 tenured or tenured-track professors within a five-year period, with the intention of transforming the quality of its Ph.D. programs.

 

Southern Growth Policies Board, a regional public policy think tank, is accepting nominations for its 2007 Innovator Awards.



These awards are presented annually to recognize innovative southern initiatives that improve the quality of life in the organization's 13-state region - Ala., Ark., Georgia, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, Oklahoma, South Carolina, Tennessee, Virginia and West Virginia - and the Commonwealth of Puerto Rico.

The venture capital fund investing in biotechnology companies that locate to the North Carolina Research Campus is doubling its holdings to $200 million. This substantial increase is a result of a donation provided by David Murdock, the billionaire businessman and owner of Castle and Cooke Inc. who also provided the initial $100 million to start the fund. The venture capital fund is an integral component of the $1.5 billion biotechnology hub being constructed in Kannapolis, N.C. 

 

In a time of tightening budgets and funding shortfalls, many institutions are searching for innovative sources of capital to finance their investment needs. Financial Innovations for Accelerating Medical Solutions, a recent report from the Milken Institute, provides some insight on inventive ways to raise capital for the biotechnology industry. 

 

The Louisiana Recovery Authority and the Louisiana Board of Regents recently unveiled a $28.5 million Research Commercialization and Educational Enhancement Program to stimulate economic development within the portions of the state severely impacted by Hurricanes Rita and Katrina. Funds for this program originate from the Community Development Block Grants (CDBG) appropriated by the federal government.