Timeline Announced for 2009 Excellence in TBED Awards
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Angel Dollars, Not Deals Down in 2008
Though angel investments dropped considerably in 2008, the total number of deals held steady, according to a year-end analysis released by the University of New Hampshire's Center for Venture Research (CVR). Total investments fell 26.2 percent from 2007 to $19.2 billion, while deals fell only 2.9 percent. Deal size, however, declined by 24 percent. CVR concludes that although the current economic climate has not reduced angel activity significantly, it has caused investors to scale back the size of their investments.
SSTI Job Corner
Complete descriptions of the position openings described below are available at http://www.ssti.org/posting.htm.
TBED People
William Archey, CEO of AeA, announced he will retire in 2008.
Clay Blair resigned as chairman of Kansas Bioscience Authority.
TBED People
William Archey, CEO of AeA, announced he will retire in 2008.
TBED People
Clay Blair resigned as chairman of Kansas Bioscience Authority.
TBED People
Curtis Brown announced that he will resign as executive director of the Mason City Economic Development Corp., effective July 11, to become the economic development coordinator for the City of Ankeny, Iowa.
TBED People
Georgia Tech's Advanced Technology Development Center has named Jason Burr director of its Savannah office.
TBED People
Dr. Dean Chang has joined the Maryland Technology Enterprise Institute as the new director of MTECH Ventures.
TBED People
George Dycio was hired as an economic development specialist for the Lewiston-Auburn Economic Growth Council.
TBED People
John Gardner will be vice president for economic development and extension at Washington State University, effective July 1. Gardner has been the vice president for research and economic development at the University of Missouri system.
TBED People
John Griffin has been named acting director of the Ohio Department of Development's Technology Division.
TBED People
Gov. Jodi Rell nominated Joan McDonald to succeed James Abromaitis as Connecticut's commissioner of economic and community development. McDonald had been a senior vice president with the New York City Economic Development Corp.
TBED People
Catalyst Connection has named Petra Mitchell as its new president.
TBED People
Thom Ruhe is leaving JumpStart Inc., a venture organization in Cleveland, to become director of online initiatives at the Ewing Marion Kauffman Foundation.
TBED People
John Schaerer is the new director of technology development and transfer for Chattanooga's Enterprise Center.
TBED People
President Bush nominated William "Woody" Sutton to replace Albert Frink Jr. as the country's manufacturing czar.
TBED People
Karl Tueller announced he will step down as executive director of the Idaho Department of Commerce Office of Science and Technology, effective July 1. Tueller also serves as a deputy director for the agency.
TBED People
Nicole Witherbee has joined the Maine Center of Economic Policy as a federal budget analyst and communications coordinator.
Federal Stimulus Supplementing State TBED in Governors' Budget Proposals
For many states facing a challenging budget year, level funding for science and technology is welcome news to the tech-based economic development (TBED) community. With the passage of the American Recovery and Reinvestment Act earlier this year, governors are seeking solutions to stimulate their respective states' economies through new and expanded programs within specific priority areas.
Recovery Act Update: Treasury Announces Plan to Distribute $100 million in Stimulus Funds to Community Finance Entities
Last week, the U.S. Department of Treasury released the details of its plan to award $100 million in grants to community-based financial institutions. These funds, along with an additional $3 billion in tax credit authority, were allocated to Treasury programs by the American Recovery and Reinvestment Act (ARRA) last month.
USTAR, Clean Energy Zones Big Winners in Final Utah Budget
Utah's 2009 legislative session ended earlier this month with a significant boost in funding to the Utah Science Technology and Research Initiative (USTAR) for recruiting science and technology researchers at the University of Utah and Utah State University.
West Virginia Group Offers Blueprint for State Tech Economy
TechConnect West Virginia (TechConnectWV) released a new plan on Monday to build a larger and more robust technology economy. The report, West Virginia Blueprint for Technology-Based Economic Development, proposes a four-part, general strategy for TBED and targets several key industries for development.
Useful Stats: Total R&D Expenditures at Universities and Colleges
The National Science Foundation has made available the FY 2007 version of its Academic Research and Development Expenditures statistical tables. The release contains detailed information on research expenditures at individual academic institutions.
Useful Stats II: S&E Doctorate Awards per Capita, by State, 2002 to 2006
According to the National Science Foundation, the number of science and engineering PhDs awarded in the U.S. has been increasing every year since 2002. To further examine trends of the PhDs awarded in each state, SSTI has prepared a table showing the number of S&E PhDs per 100,000 residents and each state's relative rank from 2002 to 2006, as well as the percent change in PhDs awarded per capita over these five years and the rank of that change.