Price Waterhouse recently announced that venture capital investments hit an all-time record in the second quarter of 1997. Total investments exceeded $3.18 billion, a 13% increase over the $2.80 billion reported in the second quarter of 1996, which held the previous record. These findings were released in the Price Waterhouse Venture Capital Survey, a quarterly report of venture capital investments throughout the United States.
The Department of Energy (DOE) recently announced that, for the first time, its computing resources will be made available to academic researchers. The California Institute of Technology, Stanford University, the University of Chicago, the University of Illinois at Urbana/Champaign and the University of Utah were selected as DOE's Academic Strategic Alliances Program (ASAP) Centers of Excellence.
The National Institutes of Health (NIH) has announced that, as a first step in the transition from paper to electronic exchange of information, it is reformatting the current Notice of Grant Award (NGA) form.
Effective October 1, all NIH grant, cooperative agreement, and fellowship awards will be issued in a letter format. The new letter-format NGA will no longer provide
On Tuesday, President Clinton signed two budget bills, approved last week by Congress: one aims to balance the budget by the year 2002, and a companion piece cuts taxes by a net $95 billion over five years.
The Department of Commerce is soliciting comments on its draft Strategic Plan, which enunciates a mission statement, strategic themes, and goals and objectives for its programs. This 122-page plan responds to the Government Performance and Results Act's (GPRA) requirement that each agency prepare a Strategic Plan that aligns its programs and activities to its mission. The GPRA identifies stakeholder consultation as a key part of this strategic planning process.
SSTI is pleased to be able to provide reports issued by the Carnegie Commission on Science, Technology, and Government. The Commission was created in 1988 by the Carnegie Corporation of New York to help government institutions respond to the unprecedented advances in science and technology transforming the world.
Robert A. Eisenstein, Ph.D., has been appointed Assistant Director for Mathematical and Physical Sciences at the National Science Foundation (NSF). The appointment will become effective September 8.
Rob Atkinson, the executive director of the Rhode Island Economic Policy Council, has announced his resignation. He has accepted a position with the Progressive Policy Institute, leading a new initiative on science and technology. As a result of his departure, the Council is seeking an executive director.
The State Science and Technology Institute (SSTI) recently released an issue brief that examines specific tax incentives offered by the states to encourage research and development (R&D) activity. The report, State Research and Development Tax Incentives, identifies tax incentives for R&D offered in 1996 by individual states and describes their major attributes. It also considers the use and cost of the incentives.
Apparently as a result of Secretary of Commerce William Daley's pledge to cut the number of political employees in the department, Graham Mitchell, the assistant secretary of commerce for technology policy, will lose his job at the end of September, according to published reports. It is unclear if the position is being eliminated.
Japan is on schedule to double the government's R&D investment by the year 2000, according to a June 13 National Science Foundation Issue Brief.
U.S. Secretary of Commerce William M. Daley announced several changes to the Advanced Technology Program (ATP) yesterday. The changes came as a result of a Department study reviewing the ATP. A number of the changes are designed to increase the role of the states in the program.
The Small Business Administration (SBA) is seeking nominations for the Tibbetts Awards to recognize outstanding technological innovation, economic impact, and business achievements of individuals and organizations associated with the Small Business Innovation Research (SBIR) program.
The National Governors' Association (NGA) and the federal government signed an agreement officially establishing the United States Innovation Partnership (USIP) on June 25, 1997. The USIP brings together the Governors and the White House to improve the operation of the national science, engineering, and technology system.
The Small Business Administration (SBA) held its annual Small Business Week celebration June 1-7. Small Business Week is designated each year to honor the nation's small businesses and to highlight their contributions to the national economy and their local communities.
David Guiliani, president and CEO of Optiva Corporation in Washington state, was recognized as the National Small Business Person of the Year.
Gary Bachula has been named the Acting Under Secretary for Technology for the U.S. Department of Commerce. Since joining the department in 1993, Bachula served as the Deputy Under Secretary for Technology, reporting to Mary Good. In that position he has been a strong supporter of SSTI and the U.S. Innovation Partnership.
R&D Magazine has released the results of a survey in which more than 80 percent of respondents think America will lose its competitive edge in industry within 25 years unless basic-research funding is increased. The survey consisted of a combination of research questionnaires and individual interviews with 4,000 researchers representing industry, academia, and government.
Rep. James Sensenbrenner (R-Wis) has introduced the Commercial Space Act of 1997 (H.R. 1702) to encourage the development of a commercial space industry in the United States.
The Department of Defense has announced 30 projects selected for negotiation under the Commercial Operations and Support Savings Initiative (COSSI) of the Dual Use Applications Program (DUAP), the successor program to the Technology Reinvestment Project (TRP). The projects could receive close to $100 million in DUAP funding.
Deborah Cummings has joined the staff of the State Science and Technology Institute as a Policy Analyst. Ms. Cummings prior work experience includes positions with the National Business Incubation Association and Ohio's Thomas Edison Program as the Edison Technology Incubator Coordinator. She can be reached at 614/421-SSTI (7784) or via e-mail at cummings@ssti.org.
Mary Good, the Under Secretary of Commerce for Technology, is leaving the U.S. Department of Commerce in the beginning of June, according to published reports. Dr. Good will be returning to Arkansas. During her tenure, she has been a strong and influential advocate for federal support for science and technology.
The National Academy of Sciences (NAS) has elected 60 new members and 15 foreign associates from 11 countries. Election to membership in the Academy is considered one of the highest honors to be accorded a U.S. scientist or engineer.
The General Accounting Office (GAO) recently released its review of the policies and procedures of the Department of Defense (DoD) Small Business Innovation Research (SBIR) program. In FY 1997, approximately $1 billion, government wide, has been set-aside for this program. Approximately $500 million of that amount is projected to be funded by DoD.
Three regional meetings are being scheduled to receive input on the design of the proposed Experimental Program to Stimulate Competitive Technology (EPSCoT) program. The program is intended to "foster the development of indigenous technology assets in states that traditionally have been under represented in the distribution of federal R&D expenditures."
The State Science and Technology Institute's first conference, "Promoting Economic Growth Through State Science and Technology Programs," will be held June 16-17 in Washington, D.C.
The conference will cover topics identified by the states as being of interest, including: