As the U.S. approaches the July Fourth weekend, during which time we celebrate all the good that is America, columnists and politicians across the country will sing the praises of free-market capitalism. And with our material abundance and relative wealth compared to the vast majority of the world's population, examples of success for our chosen economic system are numerous.
Missouri Enterprise Business Assistance Center, a Rolla-based, multi-office nonprofit organization that provides business and technical assistance to manufacturers, agricultural producers and startups, is seeking candidates for the position of President and Chief Executive Officer. The full description and application instructions can be found at http://www.missourienterprise.org/Ceo.asp
At the end of June, Governor Bob Holden signed an executive order committing $21.5 million of the state’s tobacco settlement funds for biotech research during fiscal year 2002. Governor Holden made his announcement prior to signing Senate Bill 500, which expands the state’s job training program to prepare Missouri’s work force for new careers in life sciences.
While cities such as Boston and San Francisco, not surprisingly, are home to many high-growth companies, a recent report from the National Commission on Entrepreneurship (NCOE) reveals large concentrations of high-growth companies in less familiar areas such as Elkhart, IN, and Provo, UT.
The William and Phyllis Mack Center for Technological Innovation was founded last month at the Wharton School of the University of Pennsylvania. The center is the product of a $10 million gift from William L. Mack, the president and senior managing partner of the Mack Organization — a national owner, investor and developer of warehouse facilities.
Aggregated venture capital investments are commonly used by state and local policymakers to assess the “health” of their tech-based economies. As a result, some of the most accessed pages of the SSTI Weekly Digest web archives have been the state-by-state tables SSTI generates with the release of each quarter’s Moneytree™ venture capital survey results.
Math and science students exposed to high expectations, challenging curriculum and sound instructional methods may hold an advantage over their peers, suggests a report funded by the National Science Foundation (NSF).
Public and private efforts to attract more women into high-tech fields of information technology have a significant hurdle to overcome: 60 percent of women already in IT jobs wouldn’t choose the same career path if starting over, according to Women In Technology, a recent survey by DeLoitte & Touche.
Camden, Arkansas
The June 19, 2001 issue of The Bond Buyer reported that Camden, with a population just over 13,000, approved a one-cent sales tax to raise $6 million over four years to support downtown business revitalization efforts. Plans include construction of a business incubator and development of a 500-acre business park.
Missouri
Washington has the second highest employment growth rate in the U.S., according to the 2001 Index of Innovation and Technology for Washington — a report released by the Washington Technology Center. The state's 33 percent increase in employment growth rate over the last five years allowed it to move up four positions, second only to Utah.
On Tuesday, President Bush announced the nomination of Phillip Bond to be Under Secretary of Commerce for Technology. The position oversees the Technology Administration which includes the National Institute of Standards & Technology (NIST), the Office of Technology Policy, and the National Technical Information Service. The Manufacturing Extension Partnership and the Advanced Technology Program are part of NIST.
The Small Business Technology Transfer Program (STTR) received unanimous endorsement by four federal agencies during a recent House committee hearing, although two federal witnesses emphasized the Administration’s opposition to expanding the program. Language to gradually double the size of STTR, which supports small business-university research projects that could lead to commercializable technologies, is included in S. 856, the reauthorization bill working its way through Congress.
The roller coaster ride that represents Washington's manufacturing policies and fiscal investments took a turn that was welcomed by MEP supporters when the House subcommittee for Commerce, Justice, and State appropriations last week decided to fund the Manufacturing Extension Partnership at $106 million in fiscal year 2005.
Many states and communities across the country want to be leaders in the much anticipated bio-based economic boom. Even more companies are hoping to create the next great multi-billion-dollar pill. For a few firms, that push for profits may be too great, replacing the original focus on human health or environmental issues.
Scientific research, technological development and innovation are the heart of a knowledge-based economy, and in order to strengthen this sector in Europe, the European Union’s (EU) research budget needs to be doubled, according to a new plan released by the Commission of The European Communities.
One of the more interesting uses of funds from the national tobacco settlement with the states, Virginia officials announced a $12 million economic development and broadband technology infrastructure initiative to serve more than 25 towns, cities and counties of rural Virginia.
The latest semi-annual state fiscal survey, released jointly this week by the National Association of State Budget Officers and the National Governors' Association, reconfirms the increasing pressure on state coffers found six months ago. Slowing revenues and increasing Medicare and health care costs have resulted in 16 states reducing expenditures in the current fiscal year by $1.6 billion. Eleven states also are reducing their FY 2002 revenue projections.
On June 25, President Bush named John H. Marburger, III, as Director of the White House Office of Science and Technology Policy (OSTP).
After nearly two years of discussion between the state legislature and the Governor’s office, Pennsylvania has enacted a plan for its $11 billion share of the national tobacco settlement. The final plan includes $160 million in one-time outlays for research and commercialization of life science technologies and a formula ensuring research gets nearly one-fifth of the total money received over the 25-year span of the settlement agreement.
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To strengthen Maine’s ability to compete in a knowledge-based economy, Governor Angus King proposed last year that the state create a $65 million endowment that would annually purchase and place a laptop in the hands of every seventh grade student in the state. A one-time $50 million state appropriation was to be matched by $15 million in private contributions. Interest off the endowment would have allowed every 7th-12th grader to own a laptop PC by 2007.
Representing ten percent of U.S. manufacturers and accounting for the largest trade surpluses of the non-defense sectors, the chemical industry remains an important contributor to the U.S. economy. Despite substantial growth in R&D investments by chemical companies during the past decade – R&D investment as a percentage of sales grew from 2.47 percent in 1980 to 4.70 percent in 1999 – the industry remains below the national average for several indicators of R&D expenditures.
Atlanta, Georgia
The Atlanta Journal and Constitution reported on June 20 that the
Comment Period on the Policy Directive Extended In response to Congressional requests, the Small Business Administration (SBA) has reopened the comment period on the draft policy directive to guide agencies’ administration of the Small Business Innovation Research (SBIR) Program. Interested parties may now submit their comments to the SBA Office of Technology through July 23, 2001.
The Technology Administration of the U.S. Department of Commerce is accepting nominations for the National Medal of Technology program. The Medal, established by Congress in 1980 as part of the Stevenson-Wydler Technology Innovation Act, is presented annually by the President as the highest honor for technological achievement.
58 Inventions Also Offered by Health, Navy