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Investment by angel groups declined at least ten percent this year, according to the Angel Capital Association's (ACA) annual survey of angel group leaders. In January and February, about 55 percent of these leaders predicted that both their number of deals and total invested dollars would increase in 2008. Half of them now admit that their predictions for the year were overly optimistic.

The University of Texas System Board of Regents recently approved $15 million in funding for three programs that will support innovation and extraordinary effort among its faculty. Two of these programs will make awards for teaching excellence, one for faculty at the University of Texas at Austin (UT Austin) and the other for teaching at the system's other eight universities.

The Scottish Government announced last month a funding plan for the university system that directs more than 10 percent of current funding into a new Horizon Fund created to make targeted investments in research, technology transfer, and entrepreneurial development.

In the "TBED People and Organizations" column of the Dec. 10 Digest, Oklahoma Gov.

SSTI is wrapping up the conference brochure for our 11th annual conference, Transforming Regional Economies, a mailing that goes to more than 12,000 TBED practitioners.

North Canton, Ohio, has been chosen as the site for the nation's newest Department of Defense (DoD) Center of Excellence. Centers of Excellence deal with specific military technology needs that are deemed critical to the nation's defense and security.

Complete descriptions of the position openings described below are available at http://www.ssti.org/posting.htm.

David Boncosky will become the director of Indiana Economic Development Corporation's life sciences initiative Aug. 6.



Arizona Technology Enterprises, the organization responsible for overseeing licensing and commercialization activities at Arizona State University, has selected Augustine Cheng as its new managing director.

David Boncosky will become the director of Indiana Economic Development Corporation's life sciences initiative Aug. 6.