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Governor John Baldacci used his February 5 budget address to outline a proposal to float a $70 million economic development bond, the majority of which would be dedicated to research and development projects. Citing the successful results of several R&D bond packages approved by voters over the past five years – with last summer's $35 million bond being the most recent – Gov.

Rural economic development policies must build upon the natural assets of rural America, advises the latest issue brief from the National Governors' Association (NGA) Center for Best Practices. Innovative State Policy Options to Promote Rural Economic Development suggests rural strengths include natural resources, local business networks, and an under-exploited entrepreneurial culture.

Congress Finished FY 2003 Budget Last Night

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:

To help formulate the best approach for the state to deploy to help build a stronger technology sector, Arizona Governor Janet Napolitano has established a state advisory group of consisting entirely of high tech business leaders.

The State of Maine's Experimental Program to Stimulate Competitive Research (EPSCoR) Committee is seeking a Statewide EPSCoR Director to provide leadership and vision for the State's EPSCoR Committee, called the Research Capacity Committee (RCC), and the state's research enterprise. Working directly with the RCC, the Director participates in the development and implementation of the state's EPSCoR strategy. The Director also reports to the Chair of the RCC.

Certified economic development professionals have an extra reason to attend Building Tech-based Economies: From Policy to Practice, the nation's premier educational and networking experience for the TBED community. The 2003 SSTI Annual Conference will be recognized by the International Economic Development Council (IEDC) as a professional development event that counts toward the recertification of Certified Economic Developers (CEcD).

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.

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.

Public-private partnerships involving cooperative research and development activities among industry, universities and government laboratories can play a key role in speeding new technology from the concept stage to the marketplace, argues a new report conducted by the National Research Council (NRC).

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).

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.

The Economic Development Administration (EDA) has announced it is accepting nominations for the Excellence in Economic Development Awards 2003. The awards will be presented in Washington, D.C. at EDA's National Conference Engines of Economic Growth for the 21st Century May 7-9, 2003.

Nominations for the awards will be accepted across seven categories:

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.

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.