Maryland's TEDCO Tops List of Most Active for Early-stage VC
For the second year in a row, the Maryland Technology Development Corporation (TEDCO) was the most active source of early-stage or angel capital, according to the July issue of Entrepreneur magazine.
Wisconsin's Bio-based Ag Industry Receives $5M
In signing the state budget last Thursday, Wisconsin Gov. Jim Doyle approved spending $5 million for two new programs supporting agricultural and forestry bio-based industrial development. Bio-based industries convert the carbohydrates in plants into fuels, polymers, fabrics, and other chemicals.
City Officials Disapprove Overall Handling of State and Federal Tax Issues
As a precursor to a report expected next month from the President's Commission on Tax Reform, the National League of Cities (NLC) recently issued its findings from a survey citing disapproval of how state and federal tax issues are being handled by the Administration, Congress, and state governors and legislatures. NLC outlined recommendations and called on the federal government to convene a national economic summit to address the issues.
Recent ResearchInsuring Patents to Fend Off Predators
Can patent insurance protect innovations from predators? Yes, particularly if innovators insure their innovation before rivals enter the market, according to Financing and the Protection of Innovators, a discussion paper by Gerard Llobet and Javier Suarez from the Centre for Economic Policy Research.
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Ronnie Bryant, president and chief operating officer for the Pittsburgh Regional Alliance, is leaving to become president and CEO of the 16-county Charlotte Regional Partnership in North Carolina.
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Ronnie Bryant, president and chief operating officer for the Pittsburgh Regional Alliance, is leaving to become president and CEO of the 16-county Charlotte Regional Partnership in North Carolina.
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Albert Clough is the new Commissioner of the Alaska Department of Commerce, Community and Economic Development, following the resignation of Edgar Blatchford last week.
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Pat Dillon has taken a position with the Wisconsin Entrepreneurs’ Network, an initiative to support high tech, high growth companies in Wisconsin.
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The new chairman for the Georgia Medical Center Authority is former State Senator Randy Hall.
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Carrie Hines, presently with the Manufacturing Extension Partnership, will serve as the first executive director of the American Small Manufacturing Coalition.
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The U.S. Senate has confirmed William Alan Jeffrey as the new director of the National Institute of Standards and Technology in the U.S. Department of Commerce.
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The new head of the Economic Development Corporation of Kansas City is Jeffrey Kaczmarek, effective Sept. 6. Kaczmarek currently is senior vice president for community development with the Michigan Economic Development Corporation.
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Former Massachusetts State Senator Peter Larkin is the senior vice president and chief operating officer for the Massachusetts Biotechnology Council.
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Chris Marschner is the new president of the Maryland Business Incubation Association (MBIA).
Administration Outlines R&D Budget Priorities for 2007
Homeland security R&D, high-end computing, the National Nanotechnology Initiative, and the President's Hydrogen Fuel Initiative are among the interagency R&D priorities that will receive a special focus in agency budget requests, according to a memorandum outlining the Administration's R&D budget priorities for 2007.
Publisher's Note: Stickley, Sheets Join SSTI
SSTI is proud to announce the addition of two new staff members to its team. Sheri Stickely will join SSTI on Aug. 15 as a Vice President. Sheri is leaving the Oklahoma Center for the Advancement of Technology (OCAST) to join SSTI. She has served most recently as Interim Executive Director and has been with OCAST since its inception in 1987.
Illinois Uses Executive Order to Fund Stem Cell Research
While some state legislatures debate banning public funds for some or all stem cell research, others are using whatever funding tools they have available to advance the controversial science. Some states use tobacco settlement money, others use revenue bonds, and still others use direct appropriations. Some states use voter referenda while most stay within the traditional state legislative process. The newest twist comes from Illinois, where Illinois Gov.
Oregon Legislature Passes University Venture Development Funds Bill
The Oregon Legislature overwhelmingly passed S.B. 853 last week, creating venture development funds to facilitate technology commercialization for students and faculty at the state's seven public universities.
Fed Issues Sobering Look at Current Economic Recovery
For many practitioners, the quickest summary of a recent 16-page analysis from the Federal Reserve Bank of New York might be "something has to change." Looking at job creation since the recovery began three years ago, Richard Freeman and William Rogers III state in The Weak Jobs Recovery: Whatever Happened to "The Great American Jobs Machine"? that this is the worst recovery in all post-World War II recoveries.
GAO Report Highlights Economic Performance Measure
The quality of the economic performance assessment of federal programs has improved, but gaps still remain in the application of the measures used, according to the latest report by the U.S. Government Accountability Office (GAO).
EPI Book Explores Discrepancies in Business Indices
A new resource published by the Economic Policy Institute (EPI) argues that indices claiming to measure the same thing - namely, the capacity or potential for economic growth - often vary widely in their results and are not effective yardsticks of economic potential.
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Rebecca Bagley is the new Deputy Secretary for Technology Investment in the PA Dept. of Community and Economic Development.
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Rebecca Bagley is the new Deputy Secretary for Technology Investment in the PA Dept. of Community and Economic Development.
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Former University of Washington President Lee Huntsman is the first director of Washington's Life Sciences Discovery Fund.
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John Shields, president of the Alabama Technology Network since 1996, stepped down June 30. Mike Bailey is the new president.