Southern Growth Policies Board is polling citizens on their attitudes and ideas about building a competitive Southern Workforce. Visit http://www.southern.org/surveyintro.shtml and share your ideas on how to build a competitive, entrepreneurial workforce to support the southern region's economic development initiatives in high-growth industries.
SSTI serves as the TBED community’s go-to resource and strategic partner when dealing with TBED issues. SSTI’s unique ability to address the information needs of its members comes from the fact that SSTI’s staff and board have been “in the trenches” of technology-based economic development. SSTI’s president, vice president and board members, including former Governors John Engler of Michigan and Michael Dukakis of Massachusetts, have more than two decades’ of direct policy development and service delivery experience.
Using one-time lottery surplus funds available for fiscal year 2008, Gov. Joe Manchin wants to invest $80 million in world-class research and specialized job training to propel the state toward a knowledge-based economy. The proposal was unveiled to lawmakers during Gov. Manchin’s State-of-the-State Address last week in conjunction with the fiscal year 2009 budget recommendation.
In his recent combined State of the State and budget address on March 7, Illinois Gov. Rod Blagojevich proposed the formation of the Illinois Community Assets Fund (ICAF), a $100 million venture designed to increase access to capital and financing to economically distressed communities and populations that have had inadequate access to mainstream capital markets within the state. The assets of ICAF would be contained within the State Treasury, and the Illinois Department of Commerce and Economic Opportunity (DCEO) would administer the fund.
Gov. Phil Bredesen’s budget proposal for 2007-2008 includes more than $100 million in new funding for several new education and high-tech development initiatives and a strategy to spur the state’s alternative fuels industry.
The U.S. needs to increase the number of people receiving a bachelor’s or associate degree by 37 percent over current attainment levels if it desires to have 55 percent of the adult population with a college degree by the year 2025, Jobs for the Future reports. In Hitting Home: Quality, Cost, and Access Challenges Confronting Higher Education Today, the nonprofit organization predicts 55 percent will be the level of degree attainment for some of the top performing OECD countries in 2025. To remain competitive, the U.S. must use this figure as a target.
The American science and technology workforce is undergoing a major demographic shift. A report issued last week by the National Science Foundation shows that more women are participating in university science and engineering (S&E) programs than ever before. The biannual NSF report, entitled Women, Minorities, and Persons With Disabilities in Science and Engineering, provides a broad overview of demographic trends within university S&E programs. In 2007, the report's overriding theme is that although U.S.
The following recently became SSTI affiliates or supporters:
This past fall, Vermont released what may be the nation's first statewide effort to lay out an economic development strategy based on the creative economy theories advanced most prominently by George Mason professor Richard Florida.
NBIA Releases Revised Business Incubation Guide
Virginia Bauer, former New Jersey commerce secretary, was sworn in as CEO and secretary of the New Jersey Commerce & Economic Growth Commission.
Virginia Bauer, former New Jersey commerce secretary, was sworn in as CEO and secretary of the New Jersey Commerce & Economic Growth Commission.
The Greater Phoenix Economic Council announced Barry Broome will become the new president & CEO beginning in February.
Michael DeAloia has been named tech czar for the City of Cleveland.
Marlo Jenkins will be the new managing director of TechTown, Wayne State University's research and technology park.
The Board of Directors of BioCrossroads, Indiana's life sciences initiative, announced David Johnson would succeed Charles Schalliol as CEO.
Real estate developer Robert Klein II was selected as chairman of California's stem cell oversight committee.
John Merrill will serve as executive director for the Greensboro Center for Innovative Development, a joint millennium campus and research park between University of North Carolina Greensboro and North Carolina Agricultural and Technical State University.
Eric Mittelstadt will become the new CEO of the National Council for Advanced Manufacturing. He replaces founder and current CEO, Leo Reddy.
Wisconsin commerce secretary Cory Nettles is resigning his position and will join his old law firm as a partner.
For all intents and purposes, the SSTI offices will be closed from Dec. 24 - Jan. 3 (although some of us retain the right to stop back into the office for respite when either the in-laws, urchins or eggnog get to be a little much). Next week, SSTI will be switching to a new webhost and, while we do not anticipate any problems, e-mail service may be temporarily interrupted or unavailable. We apologize for any inconvenience this may cause.
Over the last 10 years, the State of Maine has invested more than $296 million into R&D – an impressive figure for a state with an average population over the decade of just over 1.3 million people. In approving a mid-decade injection of funds, the state’s legislature skeptically or wisely asked the executive branch to periodically conduct independent assessments of whether or not the investment is worthwhile.
The Association of University Technology Managers (AUTM) recently released the results of its fiscal year 2005 licensing survey. The survey, conducted annually by the nonprofit AUTM, provides quantitative information about licensing activities at U.S. and Canada universities, hospitals and research institutions. This year's format is slightly different, however. The 15th annual survey presents data accompanied by success stories and allows respondents to remain anonymous.
It won’t come to any surprise to Digest readers that there’s a connection between universities and economic prosperity. In addition to educating students and advancing science and technological innovation, the localized economic impact of institutions, alone, provides a buffer to economic swings for many mid-sized and smaller cities and college towns. How best to incorporate universities into regional tech-based economic development strategies without compromising core missions is an art not every community has mastered.
According to the latest stats on venture capital investments, half of all U.S. VC investment during the last quarter of 2006 supported companies in two small areas of the country: Silicon Valley and New England (primarily the Boston metro area). With the exception of only a handful of other large metro areas and, since the origin of the modern venture capital industry some 25 years ago, most other cities have struggled to attract the attention of venture capitalists.