Search

The Grand Forks Region Economic Development Corp. has named Klaus Thiessen as its new president.

The Association of American Universities has selected Patrick White as the new director of federal relations.

Two months into the fiscal year and several federal offices of importance to the state and local tech-based economic development community are finally learning how much money they will have available in fiscal year 2004 — once the consolidated appropriations bill is signed by the President in January.

Economic Development Administration (down $2 million from 2003)

Legislation that would authorize $3.7 billion over the next four years for the National Nanotechnology Initiative awaits the President's signature, having cleared Congress before the Thanksgiving Holiday recess. The 21st Century Nanotechnology Research and Development Act (S. 189) was passed by the U.S. House of Representatives on Nov. 20, following passage in the Senate two days earlier.

The University of Southern California (USC) will serve as the first Homeland Security Center of Excellence, the U.S. Department of Homeland Security (DHS) announced last week. DHS anticipates providing USC with $12 million over the course of the next three years for studying risk analysis related to the economic consequences of terrorist threats and events.

The risks of identity theft, e-mail viruses, denial-of-service attacks, system glitches and other online hazards can make the average person's reliance on computer systems more of a leap of faith than a bond of trust. To promote research into more dependable, accountable and secure computer and network systems, the National Science Foundation (NSF) has issued a solicitation for the Cyber Trust program, which expects to fund up to $30 million in awards.

Pennsylvania's Tobacco Settlement Investment Board (TSIB) recently approved a commitment of up to $20 million to Birchmere Ventures III LP to invest in life sciences companies based in Pennsylvania. Birchmere Ventures III, a new fund jointly formed by Pittsburgh-based Birchmere Ventures and San Francisco-based Bay City Capital, will raise up to $150 million.

Virginia's Center for Innovative Technology (CIT) announced on Monday a new investment initiative to help close the capital gap for the state's early-stage technology businesses. CIT, a state-chartered nonprofit corporation, will launch the Growth Acceleration Program (GAP) on Dec. 15, 2003, to address the funding void created by a recent shortfall of angel capital.

To expand on the state's Centers of Innovation strategy, Gov. Sonny Perdue announced in November the creation of the Middle Georgia Aerospace Innovation Center (MAIC). The center is comprised of numerous partners, including the Georgia Department of Industry, Trade & Tourism's Office of Science and Technology, the University System of Georgia, private institutions and companies, and the Warner Robins Air Logistics Center (ALC).

With $90 million already secured in state and private support, a 400-acre automotive research campus to be developed by Clemson University promises to make South Carolina a hub of the nation's automotive and motorsports industry.

Federal laboratories' ability to contribute to local economic development efforts may depend most on the quality of technical and business assistance they can offer, suggests a new report issued by the U.S. Department of Commerce's Office of Technology Policy (OTP). The report, Partners on a Mission: Federal Laboratory Practices Contributing to Economic Development, documents nine programs that go beyond immediate laboratory missions to provide communities with greater access to lab technologies and facilities.

Steve Bryant has been named the project director for the Bloomington Life Sciences Partnership in Indiana.

Patrick Rea recently was selected as administrator for the Small Business Administration's six-state region involving Indiana, Illinois, Michigan, Minnesota, Ohio and Wisconsin.

Much of the U.S. policy debate regarding the impact of globalization has focused on workforce preparedness and the need for American industry to sustain innovation. Bills before Congress urge increased spending on R&D, especially in the physical sciences and engineering. Much of the data that has helped fuel the competitiveness discussion has focused on indices and statistical reports presenting the U.S. in comparison to other nations. 

Marketing tech-based economic development (TBED) programs can be challenging, particularly with the diverse nature of its target audiences of entrepreneurs, existing companies, financial sources, university researchers and, oftentimes, legislators. Sometimes, even the name of the program can cause misconceptions, particularly when a new initiative is outside the traditional services or roles offered by the TBED organization. A recent example of this comes from South Carolina.

Summer classes, camps and special programs to stimulate and sustain K-12 students' interests in science and math will be found all across the country during the next few months. A less frequently occurring phenomenon will be taking place in the Great Lakes Region of Iowa, helping a select group of college students to combine entrepreneurship, rural economic development, and recreation.

The U.S. automotive industry is one of the nation's oldest modern manufacturing sectors, and, similar to many other older populations, is increasingly making its home in the South. Despite this fact, the sector remains heavily centered in the Midwest, according to a new article from the Federal Reserve Bank of Chicago. The Geographic Evolution of the U.S. Auto Industry reveals 47 percent of the nation's motor vehicle employment still resides in three states: Michigan, Indiana and Ohio.

The National Science Foundation (NSF) has published its online statistical resource center for state-level statistics on various science and engineering (S&E) indicators. Drawing data from the most recent updates to seven annual NSF surveys and U.S. Census statistics, the profiles includes downloadable Excel or PDF versions of state statistics for:

Although technology sector employment is down slightly from previous years, Washington firms received twice the aggregate amount of venture capital (VC) funding compared to last year, and the state remains above the national average in educational attainment, according to the sixth annual Washington State Index of Innovation and Technology.

Republican members of the House Committee on Science introduced last week three bills designed to strengthen U.S. economic competitiveness by improving math and science education and research.

High speed Internet access, global positioning systems and other information and communication technologies have revolutionized urban and regional economic development, both planning and practice. Communities willing and able to make the appropriate investment decisions regarding information improve their abilities to compete.

Perhaps in no field more than biotechnology are the roles of alliances, mergers and acquisitions, and licensing so influential in determining the future success of a start-up firm. Pharmaceuticals are perhaps the best example of this. There aren't hundreds of big pharma companies around the world; there are perhaps a dozen, and, thanks to television advertising for meds, most are practically household names. To make it as a young biopharma business, most plan to be licensed up or bought out.

[Publisher's note: In last week's Digest, we prepared a table showing what I thought was per capita federal R&D spending by state for 2003. Some readers who are more astute than I questioned the data, and in reviewing how I used the NSF data, I discovered that I had done so incorrectly. My apologies to all for this error. We have removed the incorrect table from our website.

240 events already posted on SSTI's web calendar

Although only a few events remain for 2003, SSTI's web calendar of science and technology (S&T) items has brief descriptions and contact links for 240 regional or national conferences, meetings and workshops planned for 2004.

Unless federal agencies do more to safeguard against financial conflicts of interest in universities, the government may not be able to properly regulate the flow of federally funded research, suggests a new report published by the U.S. General Accounting Office (GAO). Conflicts of interest, as an issue, is of growing significance for the academic community.

DOE Releases 20-Year Strategic Plan

Last week, U.S. Department of Energy (DOE) Secretary Spencer Abraham outlined the Office of Science's 20-year science facility plan, a roadmap or "wish list" for future scientific facilities to support the department’s basic science and research missions. The plan prioritizes new, major scientific facilities and upgrades to current facilities.