People
Kathie Olsen, nominated by the president and confirmed by the Senate, is the new deputy director of the National Science Foundation.
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People
The San Antonio Technology Accelerator Initiative (SATAI) announced that James Poage is SATAI's new president and CEO. Poage replaces Randy Goldsmith, who continues as a director.
SSTI Job Corner
For more information on the positions below, visit SSTI's online Job Corner at http://www.ssti.org/posting.htm.
Useful Stats:
2003 Industry Share of Academic R&D
If one of the keys to competing in a flat or flattening world is better integration of universities into the economic system, then one of the best ways to measure success is to examine industry's share of academic R&D expenditures.
No Walk-in Registration at SSTI's Annual Conference Next Week; Digest Resumes Publication Oct. 31
Thank you! Interest in SSTI's 11th annual conference has been extremely high since the agenda was released during the summer, and, as we expected and warned, SSTI will not be able to accommodate walk-in registrations on the day of the event. We apologize for the inconvenience and the missed opportunity this creates for a number of Digest readers.
Five Zones Share $4.3M to Promote and Develop Regional Economies in Washington
Washington State is attempting to replicate the success of North Carolina’s Research Triangle in promoting regionalism and industry clusters through a new Innovation Partnership Zones initiative.
U.S. Angel Investment Declines 6% in First Half of 2007
The angel market may be showing the first signs of leveling off following four years of moderate sustained growth. Angel investment in U.S. companies fell 6 percent in the first two quarters of 2007, according to the University of New Hampshire's Center for Venture Research (CVR).
Clusters Garner More Attention from NGA, Researchers
The National Governors Association (NGA) Center for Best Practices has selected seven states to participate in a year-long policy academy named State Strategies for Promoting Innovative Clusters and Regional Economies. Teams from the seven states – Georgia, Illinois, Iowa, Kentucky, Maryland, Oregon and West Virginia – will collaborate with staff from the NGA to create action plans for improving each state’s competitiveness and economy through cluster development.
Community Colleges Growing Providers of TBED Programs and Services
Announced last week, Ivy Tech Community College will receive a $3.18 million grant for training individuals from a 14-county region in North Central Indiana in science, technology, engineering, and math (STEM) fields. The grant, a component of the $15 million Indiana Workforce Innovation in Regional Economic Development (WIRED) initiative funded by the U.S. Department of Labor, will establish the New Pathways to STEM-based Careers program. The New Pathways program will be concentrated into three distinct areas:
SSTI Job Corner
For more information on the positions below, visit SSTI's online Job Corner at http://www.ssti.org/posting.htm.
People
Automation Alley has named Thomas Anderson as president of the Automation Alley Education & Research Institute. Mr. Anderson also is director of the consortium's Technology Center.
People
Automation Alley has named Thomas Anderson as president of the Automation Alley Education & Research Institute. Mr. Anderson also is director of the consortium's Technology Center.
People
President Bush has nominated Santanu Baruah to be Assistant Secretary for Economic Development for the U.S. Department of Commerce. Mr. Baruah's responsibilities include oversight of the Economic Development Administration.
People
John Gardner has been named the first vice president for research and economic development for the University of Missouri system.
People
David Goodrich announced he will leave his position as CEO of the Central Indiana Corporate Partnership at the end of the year.
People
Mike Kazmierski is the new president of the Greater Colorado Springs Economic Development Corp.
People
Sue Strommer has joined the National Association of Seed and Venture Funds as Chief Executive Officer (NASVF) as CEO. Charlie Spies, the former president and CEO, will remain as president of NASVF.
Window Closing Soon to Attend SSTI's Annual Conference
Only a dozen seats remain available for new registrations to attend SSTI's 11th Annual Conference, which will be held Oct. 18-19 in Baltimore's fun-packed Inner Harbor. That's 12 seats, not a baker's dozen of 13. Given the two-week lead time before the event, SSTI strongly anticipates we will not be able to accommodate walk-in registrations the day of the conference. We encourage those of you making arrangements or planning to attend to register as soon as possible.
Governors Unveil New TBED Priorities for 2008 Legislative Sessions
Just a few short months ago, many states were wrapping up their 2007 legislative sessions and preparing for the start of a new fiscal year. Laying the groundwork for a successful 2008 session, two governors recently announced major TBED initiatives that will be presented to lawmakers in the coming months.
University of Maryland Offers $250K Fund for Socially Conscious Companies
Socially-responsible entrepreneurs at the University of Maryland now have a new financial resource available to help them get new businesses off the ground. The university's Impact Pre-Seed Fund program will offer grants to students with business plans that could offer potential benefits to global society.
Science Foundation Arizona Secures $25M from Stardust Charitable Fund
Earlier this year, Arizona Gov. Janet Napolitano and the Arizona State Legislature committed $100 million over four years to support Science Foundation Arizona, a nonprofit public-private partnership to coordinate the state’s R&D investments in science and technology. The catch? The law required a dollar-to-dollar match of non-government funding of the annual $25 million allotment before the state could release its funding to Science Foundation Arizona.
Recent Research I: Why Do Entrepreneurs Make the Choice to Pursue Venture Capital?
At some point, most start-up businesses require an infusion of outside capital to grow into a profitable enterprise. This infusion often comes in the form of venture capital (VC) investment, which provides capital and some degree of managerial guidance in exchange for an equity stake in the company.
Recent Research II: Who is More Likely to Advance the Exchange of Knowledge within and between Regions?
Within economic development literature, many researchers believe the success of regional industry clusters is dependent on the strength and quantity of local “gatekeepers” – the organizations, firms and individuals that both draw knowledge from outside the region and distribute knowledge within the region. But what are the characteristics of these gatekeepers that may lead to a more productive exchange of knowledge?
Technology Administration to be Shuttered This Weekend
Congress may be able to use a Continuing Resolution to keep most of the federal government open after the fiscal year ends Sept. 30, but the Technology Administration (TA) will be closing forever this Sunday.