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Alaska Authorizes Nearly Eight-fold Increase in Public VC Investments

Monday, November 21, 2005

The available pool of equity capital grew substantially last Thursday as the board of trustees for the $31.7 billion Alaska Permanent Fund approved the placement of 8 percent of the fund's value into alternative assets, such as venture capital funds and hedge funds. The Associated Press reports the current value of all alternative investments held by the Permanent Fund totals $292 million.

  • Read more about Alaska Authorizes Nearly Eight-fold Increase in Public VC Investments

Progress Disappointing Despite Thoughtful Initiatives in Indiana, Report Says

Monday, November 21, 2005

While Indiana has demonstrated strong competitiveness in industry and university R&D and performed well in entrepreneurial programs, the state lags most of its regional competitors and many of the 50 states in terms of production of new innovation workers and educational attainment, says a new report from Techpoint and the Indiana Chamber of Commerce.

  • Read more about Progress Disappointing Despite Thoughtful Initiatives in Indiana, Report Says

Congress Approves FY06 Appropriations for TBED Programs

Monday, November 21, 2005

Last week, Congress passed HR 2862, the fiscal year 2006 appropriations bill for State, Science, Justice, and Commerce. SSTI covered the federal budget request in the Feb. 14 issue of the Digest.

  • Read more about Congress Approves FY06 Appropriations for TBED Programs

Useful Stats: 2004 AUTM Results, By State

Monday, November 21, 2005

The Association of University Technology Managers (AUTM) has released the 92-page summary report for its 14th annual survey of university licensing, revealing steady growth in the field. AUTM U.S. Licensing Survey: FY 2004 provides quantitative information about licensing activities at universities, hospitals and research institutions across North America.

  • Read more about Useful Stats: 2004 AUTM Results, By State

People

Monday, November 21, 2005

Robert Cresanti was nominated by President Bush to become the next undersecretary of Commerce for Technology.

Jim Denn was named deputy executive director of the New York State Office of Science, Technology and Academic Research (NYSTAR).

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People

Monday, November 21, 2005

Robert Cresanti was nominated by President Bush to become the next undersecretary of Commerce for Technology.

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People

Monday, November 21, 2005

Jim Denn was named deputy executive director of the New York State Office of Science, Technology and Academic Research (NYSTAR).

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People

Monday, November 21, 2005

Peter Gold was appointed associate provost for economic initiatives at Rutgers-Camden.

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People

Monday, November 21, 2005

Eric Griego was appointed assistant secretary of economic development for the New Mexico Economic Development Department.

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People

Monday, November 21, 2005

Hunt Lambert was selected as the new associate vice president for economic development in the Colorado State University system.

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People

Monday, November 21, 2005

Jim Pennekamp will be the executive director of Southern Illinois University Edwardsville's research and business park, effective Dec. 1.

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People

Monday, November 21, 2005

John Reardon will be new Charles County Economic Development Department chief in Maryland, effective in December.

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People

Monday, November 21, 2005

Steven Weathers is the new president and CEO of the Regional Growth Partnership in Toledo, Ohio.

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Editor's Note: 2005 Elections Review; 2006 Preview

Monday, November 14, 2005

As off-year elections go, the Nov. 8, 2005, election was pretty quiet across the country if you weren't running for mayor in one of 300-plus municipalities up for grabs or governor of New Jersey or Virginia.

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New Jersey, Virginia Promote Political Veterans to Governorships

Monday, November 14, 2005

New Jersey and Virginia were the only two states to choose governors in November 2005, with both states having open races. Below is a description of each governor-elect's position on TBED.

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TBED Ballot Issues and Bond Proposals Fare Well in '05 Election

Monday, November 14, 2005

Last Tuesday's election included a major bond package in Maine, a constitutional amendment in Ohio to complete the Third Frontier initiative, budget reform in New York, and additional TBED items in Iowa and Texas. Following are the results from some of the major ballot and bond issues within the states.

  • Read more about TBED Ballot Issues and Bond Proposals Fare Well in '05 Election

TABOR-Like Spending Limits Considered by States

Monday, November 14, 2005

As states have wrestled with budget constraints in recent years, many have adopted or are contemplating spending-limit measures, such as Colorado's Taypayer's Bill of Rights (TABOR), or similar fiscal limitations that restrain growth of government spending. In the recent November elections, California voters rejected a spending-limit proposal and Colorado voters suspended their state's restrictive TABOR amendment, allowing the state to keep funds for the next five years.

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Southern Growth Seeks Nominations for Innovative Programs in South

Monday, November 14, 2005

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

  • Read more about Southern Growth Seeks Nominations for Innovative Programs in South

Maine to Increase R&D Activity to $1B by 2010

Monday, November 7, 2005

A plan to increase Maine's R&D activity to $1 billion by 2010 was revealed last week by the Department of Economic and Community Development's (DECD) Office of Innovation and the Maine Science and Technology Council (MSTAC). The level of R&D activity in Maine currently stands at $430 million.

  • Read more about Maine to Increase R&D Activity to $1B by 2010

Federal Reserve Papers Focus on TBED

Monday, November 7, 2005

Four recently published papers from the Federal Reserve Banks of Philadelphia, San Francisco and Chicago center around TBED issues including the role of cities in the 21st Century, the biotechnology industry in the Midwest, state R&D tax credits, and R&D spending during recessions. Links to these papers and more than 1,000 additional TBED-related research reports, strategic plans and o

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State and Local Tech-based ED RoundUp

Monday, November 7, 2005

Colorado The Rocky Mountain Technology Alliance (RMTA) is a recently formed regional development organization for applied research and technology development whose membership includes universities, government organizations and private businesses.

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Wisconsin Manufacturers Face Opportunities, Challenges

Monday, November 7, 2005

Wisconsin manufacturers must adapt to a fast-changing world in order to grow and succeed in the 21st century. That is the thrust of a recent study of the state’s industrial economy recently released by the Wisconsin Manufacturing Extension Partnership (WMEP).

  • Read more about Wisconsin Manufacturers Face Opportunities, Challenges

SSTI Offers Its Thanks for Successful Conference in Atlanta

Monday, October 31, 2005

There were recurring themes underlying the design and development of SSTI's 9th Annual Conference, Investing in a Brighter Future: Building Tech-based Economies, held Oct. 19-21 in Atlanta, Georgia: inevitability, irrelevance and inspiration.

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Bids Open for SSTI's 2006 Annual Conference

Monday, October 31, 2005

One comment we receive numerous times each year at SSTI's annual conference is that people wish more of the key decision makers and TBED practitioners in their regions had attended the event to make it easier to re invigorate their entire efforts to promote growth through science and technology. The easiest way to accomplish that is to host SSTI's 10th Annual Conference next fall!

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Senate Introduces Bill Creating VC Program to Stimulate Investment in Small Businesses

Monday, October 31, 2005

To stimulate equity investment in America's small businesses and create jobs, the U.S. Senate introduced last week the Small Business Investment and Growth Act of 2005.

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