Search

Sam Bodman, presently Deputy Secretary of the U.S. Department of Commerce, has been nominated to serve as Deputy Secretary of the Department of Treasury.

John Calvin, Secretary of the South Dakota Department of Tourism and State Development, has announced his resignation effective Dec. 15.

TechPoint, Indiana's statewide technology council, has named Cameron Carter to serve as president and chief executive officer.

U.S. Navy Rear Admiral Thomas Q. Donaldson, V has been appointed Director of the John C. Stennis Space Center (SSC), effective Jan. 5, 2004.

Carol Ann Dykes is the new president of the National Association of Management and Technical Assistance Centers.

120 Other Metro Areas included in Analysis for Northeast Ohio

As competition for leadership in stem cell research heats up across the nation, legal battles and the introduction of new legislation are becoming commonplace among many states. Following is a round-up of recent news on stem cell research legalities and legislation in several states.

One of the latest examples of the important role a foundation can play in tech-based economic development strategies comes from a recent $15 million donation to Tulsa University. The Chapman Trust, established after the deaths of Oklahoma oilman James Chapman and his wife Leta Chapman, made the donation to perpetually endow nine new junior faculty positions at the university.

The notion that, since a 2003 ruling, small businesses that are majority-owned by venture capital (VC) funds are being unfairly excluded from participating in the Small Business Innovation Research (SBIR) program is inaccurate, according to a recent study from the Government Accountability Office (GAO).

$10M Donation Funds Johns Hopkins Biomed Facility, Research Park

Regional migration patterns between 2000 and 2004 revealed a continuing net average annual in-migration in the South and the West and a net average annual out-migration in the Midwest and the Northeast, according to the Census Bureau’s latest report. Domestic Net Migration in the United States: 2000 to 2004 details recent patterns of population redistribution throughout the U.S. and provides migration data from 1990-2000 to show a historical perspective in migration patterns.

By a narrow margin, Ohio voters on Tuesday rejected a constitutional amendment that would have permitted the state to issue up to $500 million in bonds over 10 years to fund technology-based economic development projects. Defeated 51 percent to 49 percent, Issue 1 would have made up the final component of Gov. Bob Taft's proposed 10-year, $1.6 billion Third Frontier project. The remaining $1.1 billion is unaffected by Tuesday's vote.

State budget woes will continue into fiscal year 2005, reports the Washington-based Center on Budget and Policy Priorities. According to the five-page A Brief Overview of State Fiscal Conditions and the Effects of Federal Policies on State Budgets, FY05 estimates released by 21 state budget offices project a combined total shortfall of up to $33 billion — or 9 percent of those states' expenditures.

To stimulate business development and job growth in rural areas, officials of the U.S. Department of Agriculture (USDA) and the U.S. Small Business Administration (SBA) signed on Oct. 31 a collaborative agreement to create the Rural Business Investment Program (RBIP). The initiative will allow newly formed venture capital investment companies to leverage private capital funds with government financial assistance and to obtain both government and private grant resources for technical assistance.

Coupling manufacturing's sharp employment drop with the perennial struggles of a rural economy and the current economic downturn can cause massive struggles for many of the country's sparsely populated areas. The closure or significant downsizing of one manufacturing plant can be terminal for a small, rural town.

With the support of Maryland's Department of Business and Economic Development (DBED), BrainChild Maryland was launched this week to identify and capitalize on Maryland's most promising new technologies. The for-profit company will identify university and federal lab technologies that have the greatest potential for becoming viable products and services.

The process of registering trademarks in multiple countries became simpler on Nov. 2 when an international treaty administered by the World Intellectual Property Organization (WIPO) entered into force in the U.S.

Young, single, college-educated people are moving to large metropolitan areas, often to central cities — a trend that defies the general population’s outward migration from the same areas, according to a report based on Census 2000 data released by the U.S. Census Bureau today.

Based on the Census report and accompanying data, SSTI has prepared two summary tables presenting net migration figures for the 1995-2000 for each state and for the 276 Metropolitan Statistical Areas in the U.S. For each table, the jurisdictions are ranked by numerical gain or loss in migration.

Over the past six years, SSTI has dedicated a portion of the Digest to coverage on the legislative priorities of governors across the nation through the Tech Talkin' Govs series. As they say, talk is cheap. So this year, we are extending that coverage to track how the Governors' proposals fared in the respective legislative sessions.

It could be frustration at the lack of action by the federal government, displeasure with the direction of national policy or a sense of urgency and need, but states are increasingly taking matters into their own hands when it comes to many major issues. Examples abound, including states taking the lead on dealing with global warming, energy policy, health care, food quality assurance, stem cell research, broadband coverage and even foreign trade. Washington Gov.

Successful companies are forced to change business strategies as market realities shift. It happens all of the time. Browse the business section of your local bookstore and you'll see dozens of titles preaching the need for companies to adopt, adapt and innovate. The continuing restructuring of the U.S. durable manufacturing sector, as alluded to in the Useful Stats piece below, is a vivid example of the importance of abandoning old mindsets for industry: change or die.

The U.S. Bureau of Economic Analysis (BEA) recently published its 2005 estimates of state personal income. According to the release, growth in U.S. per capita income slowed in 2005 increasing 4.6 percent in 2005, down from 5 percent growth in 2004. Regionally, the most significant increases in per capita income accompanied faster population growth, occurring in the Southwest states of Arizona, New Mexico, and Texas and the Rocky Mountain states of Idaho, Montana, Utah and Wyoming.

We're not sure how useful these stats really are, but given the political proclivity of so many of our readers and the upcoming gubernatorial elections this fall in 36 states, we thought we'd share a link from SurveyUSA.com presenting the current approval ratings for all 50 governors.

Does it matter whether a start-up takes money from a large venture firm or a small venture firm? According to the just-released VentureOne Deal Terms Report, the answer is a resounding yes.