When budgets tighten for state and local governments, as they have in nearly every corner of the country, legislatures and political leaders look for areas to reduce spending. Having a strong documented record of the positive impact of your technology-based economic development efforts and investments can help protect vital programs from the axe.
Many areas of the country are experiencing a brain drain, an outmigration of recent college graduates leading to a decline in the available labor pool of entry level workers, young entrepreneurs and future civic leaders. A new initiative, however, hopes to reverse that trend in Northeastern Pennsylvania by strengthening the social, networking and professional relationships among young skilled workers in the Wilkes-Barre region.
Federal research facilities can be a bit intimidating for a small- or medium-sized technology firm. But if a business is looking for solutions to technical problems, new technologies to commercialize or adopt, a research partner, or funding to perfect some technology, the vast resources of the nation's 700+ federal research laboratories could hold the key to commercial success.
The Manufacturing Extension Partnership (MEP) is a nationwide network of not-for-profit centers in more than 400 locations nationwide. Their sole purpose is to provide the 357,000 small and mid-sized manufacturers in the U.S. help to succeed in a global economy.
The interim director for Cleveland's new Industrial Technology Institute will be Charles Alexander, dean of the College of Engineering at Cleveland State University.
Anne Armstrong, who in July resigned as president of Virginia's Center for Innovative Technology, is returning to Federal Computer Week as its publisher. Armstrong was with the weekly publication prior to joining CIT.
The interim director for Cleveland's new Industrial Technology Institute will be Charles Alexander, dean of the College of Engineering at Cleveland State University.
Anne Armstrong, who in July resigned as president of Virginia's Center for Innovative Technology, is returning to Federal Computer Week as its publisher. Armstrong was with the weekly publication prior to joining CIT.
Michael Finney, vice president for Emerging Business with the Michigan Economic Development Corp (MEDC), is leaving MEDC to become the first president and CEO for the Greater Rochester Enterprise in New York.
Otto Loewer is leaving his position as dean of the College of Engineering at the University of Arkansas to become the founding director of the university's new Economic Development Institute.
Secretary of the Pennsylvania Department of Community and Economic Development for the past five-and-a-half years, Sam McCullough is resigning effective October 25.
Doug Rothwell, President and CEO of MEDC, has announced his resignation with the end of Governor John Engler's term in December.
The Rhode Island Economic Policy Council has named Jerry Schaufeld as director of the Samuel Slater Technology Fund.
Envirogen, Inc. cofounder Ronald Unterman will be the executive director of the newly created Slater Center for Marine & Environmental Technologies. The center was created through the merger of two existing Slater centers.
Kathleen Wise is the new Director of Programs for the New York Office of Science, Technology and the Advancement of Research. She fills the position vacated this summer by Keith Servis.
After being struck down by the Iowa Supreme Court in 2004, the state legislature recently passed legislation re-creating a $500 million version of its Grow Iowa Values Fund. The bills commit $500 million over 10 years to support tech-based economic development and other economic development initiatives. Gov. Tom Vilsack signed the measures on June 10.
The Texas Legislature recently approved $100 million of the original $300 million requested by Gov. Rick Perry for the Emerging Technologies Fund (ETF). Another $100 million is expected to be available from the state's rainy day fund if revenues exceed forecasts.
Catering to high-tech companies built on innovation, the nonprofit regional collaboration dubbed SPARK, hopes to transform Ann Arbor, Mich., into more of an entrepreneurial hub and triple the number of technology jobs within five years.
While the U.S. wrests its way to remain the global leader in nanotechnology (see the May 30 issue of the Digest), some states and regions are wasting no time to secure their own world-class cluster in the field.
California leads the world in biotech research today and likely will continue to dominate in the years to come according to The Dynamics of California's Biotechnology Industry, a new report from the Public Policy Institute of California. The report concludes that California retains a sharp biotech edge, despite reports of firms leaving the state or establishing plants elsewhere.
A study suggests policies enacted in 1999 to encourage cooperative research, establish tech transfer structures and provide venture capital contributed to a dramatic shift in the biotech topography in France.
As rural America undergoes economic restructuring and communities strive to make the transition from traditional to knowledge-based economies, nurturing innovation is an important strategy that is helping rural areas create an environment for business growth and job creation.
Last week, Kevin Carr, the director of the Manufacturing Extension Partnership, announced that he would be leaving his position and NIST effective June 30. Kevin has led the program since 1994, and under his leadership, MEP became the exemplary federal program for working in partnership with the states.
The Illinois Technology Development Alliance (ITDA) is looking for a Venture Development Director for its Chicago office. Duties include management/operations consulting; client’s screening/selection; coordination entrepreneurship mentoring; consulting/technical assistance; technical review of commercial potential of technologies. Qualified applicants must posses an MBA/B.S. in Engineering with at least five years of experience in the fields of business development/consulting.
At its August 28th meeting, the President's Council of Advisors on Science and Technology (PCAST) approved sending a letter to President Bush urging him to "improve funding levels for physical sciences and certain areas of engineering" as the Administration prepares the FY 2004 federal budget request. The letter also encourages the federal government to establish a graduate fellowship program to attract more students into critical fields of science and engineering.
Maryland Lieutenant Governor Kathleen Townsend recently announced the release of Founders of Maryland Bioscience and Medical Instrument Companies, a report on the career pathways taken by founders of biotechnology companies in Maryland.