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With more than 20 new governors and hundreds of newly elected state legislators, mayors and city council members across the country, many states and communities are seeing fresh faces in key positions that will influence the shape and direction of tech-based economic development policy, funding and program implementation. SSTI encourages its readership to get issues of the SSTI Weekly Digest in their hands to help bring your new partners into the larger tech-based ED community as soon as possible.

Congress Finished FY 2003 Budget Last Night

In SSTI's final look at the 2003 State of the State Addresses and Inaugural Addresses, we find the importance of building technology-based economies continues to be emphasized by governors across the country, despite – or because of – the down economy. Below are excerpts from speeches given in Michigan, Minnesota, Oklahoma, Rhode Island and Texas.

State budget gaps have grown by 50 percent in the last two months and state policymakers will work to resolve unprecedented budget shortfalls for the next 15 months, according to findings from the latest budget survey released by the National Conference of State Legislatures (NCSL).

With nearly $1 billion in federal R&D funding proposed for the new Department of Homeland Security, many states, universities and companies are exploring ways to be actively involved as R&D partners. Already home to several military and intelligence research activities, with proximity to Washington, D.C. in its favor, Virginia recently announced an effort to further strengthen its competitive position in the funding race.

Governor Tom Vilsack has announced a plan to invest $50 million into the creation of a life sciences initiative to help establish Iowa as a leader in the life sciences. Developed with the Regents Universities, Iowa Business Council and leaders in Iowa's biotechnology industry, the biotech plan's success hinges on a three-part strategy:

Senate Version Adds $40M for University R&D, Scholarships

Gov. Ted Kulongoski last month signed Senate Bill 838, creating the Oregon Innovation Council to provide him and the legislature with advice regarding business innovation in order to strengthen competitiveness in global markets. The council will include representatives from industry, education and government.

Gov. Ruth Minner launched over the summer the final component of her New Economy Initiative to provide a network of support and services to technology-based start-up companies.

A concentrated effort to support the Sacramento region's many green tech entrepreneurs could lead to Silicon Valley-style success in clean energy technology (CET), says a new report from the McClellan Technology Incubator and the Sacramento Area Regional Technology Alliance (SARTA).

Conference Only seven days remain until the opening of SSTI's 9th Annual Conference in Atlanta. More than 330 of the nation's top thinkers and practitioners for the TBED community will convene at the InterContinental Hotel seeking guidance from their peers.

On Monday, Oct. 31, the Southern Growth Policies Board, the Southern Technology Council, Georgia Institute of Technology, the Council on Competitiveness and the Georgia Research Alliance will host a one-day Southern Technology Innovation Summit at the Georgia Tech Hotel and Conference Center in Atlanta.

RTI International, an independent, nonprofit research organization based in Research Triangle Park, N.C., is seeking someone for the position of economic development analyst.

Due to SSTI's annual conference being held in Atlanta next week, the next issues of the Digest and Funding Supplement are slated for Nov. 7, 2005.

Drawing expertise from 53 speakers and panelists from 19 states, SSTI's 9th annual conference - to be held Oct. 19-21 in Atlanta - promises to provide its attendees unparalleled opportunity to learn about the latest and best thinking to encourage state and regional growth through tech-based economic development. Want proof?

Keeping with most years in recent memory, the new federal fiscal year began Oct. 1 without Congress approving a budget for nearly all of the national government. With Hurricane Katrina relief and aftermath putting unprecedented demands on the Treasury and Congress, legislators quickly passed a Continuing Resolution last Thursday and Friday to keep the government open through Nov. 18.

To support innovation and technology with increased accessibility for small-and medium-sized firms, Canada's Minister of Industry, David Emerson, announced a new program that will replace Technology Partnerships Canada (TPC).

Designed to ease the transaction burden on university technology transfer offices and encourage more open and efficient access to research, the Kauffman Foundation recently unveiled iBridge, a web-based platform under the Kauffman Innovation Network.

Representing a substantial federal commitment, the number of tax credits, deductions and exemptions - collectively referred to as "tax expenditures" - has more than doubled since 1974 and needs to be re-examined to evaluate efficiency, effectiveness, and equitability, according to the Government Accountability Office (GAO).

State and local governments are starting to develop entrepreneurship programs, but the past decade's progress could be threatened by the looming fiscal crisis facing the states, according to a new study released by the National Commission on Entrepreneurship (NCOE) and the Center for Regional Economic Competitiveness (CREC).

During the past two years, efforts have been launched in the Dallas-Fort Worth metroplex to boost its capacity for building a technology-based economy. The efforts have been directed toward increasing public-private cooperation, especially across organizations and jurisdictions that traditionally have thought of themselves as competitors, and conducting a critical review of the area's strengths and weaknesses.

The steady decline of venture capital abated in the fourth quarter of 2002 with total investments of $4.2 billion, essentially flat from the prior quarter of $4.5 billion, according to the PricewaterhouseCoopers/Venture Economics/National Venture Capital Association MoneyTree Survey. A total of 692 companies received funding in the fourth quarter compared to 671 companies in the third quarter.

W. Glenn Cornell has been named commissioner of the Georgia Department of Industry, Trade and Tourism.

Illinois Governor Rod Blagojevich has appointed Julie Curry as deputy chief of staff for economic development and labor.

Andrew Kim is the new policy director for Tennessee Governor Phil Bredesen.

W. Glenn Cornell has been named commissioner of the Georgia Department of Industry, Trade and Tourism.

Illinois Governor Rod Blagojevich has appointed Julie Curry as deputy chief of staff for economic development and labor.