Yesterday's Providence Journal-Bulletin reports the Rhode Island Economic Policy Council (RIEPC) has reduced by merger the number of Slater Centers. With the goal of increasing the impact of the state's annual $3 million investment, the restructuring from six to four centers is intended to reduce overhead and administrative costs, allowing more of each resulting center's funding to flow into emerging businesses.
Tennessee's Sullivan County took a big step toward reducing the presence of a brain drain when it approved a scholarship program for its high school graduates.
The third part in a series, "Tech-talkin Govs" highlights programs, policies and issues in tech-based economic development that were considered in the following governors' State of the State and Budget addresses.
California
Gray Davis, 2002-2003 Budget proposal, January 2002
http://www.dof.ca.gov/HTML/Budget02-03/00_toc.htm
Last week, Texas Governor Rick Perry announced the formation of the Governor's Council on Science and Biotechnology Development. The Council will strive to create a seamless system of innovation from the laboratory to the marketplace in rapidly developing areas of biotechnology — such as biopharmaceutical development, bioinformatics, genomics and nanotechnology.
Lincoln, Nebraska
Two of SSTI's sponsoring organizations, the Kansas Technology Enterprise Corp (KTEC) and Virginia's Center for Innovative Technology, are looking for strong candidates to fill two critical positions. A brief description of each opportunity is provided below. More detailed information is available on SSTI's website at: http://www.ssti.org/posting.htm
To increase the commercial value and economic benefits of federal investments in scientific research, the National Research Council of Canada (NRC) is launching six new research and innovation facilities valued at over $125 million.
For most people in the business sector and economic development field, perhaps, the word "innovation" is quickly associated with tech start-ups and entrepreneurial businesses. The new Tennebaum Institute at Georgia Tech, opened last month with a $5 million donation from school alumnus Michael Tennebaum, is hoping to change that.
The Office of Advocacy of the U.S. Small Business Administration recently unveiled a new federal government report outlining the state of small business and its contributions to the economy. The Small Business Economy, 2004, the latest in an annual series, analyzes 2003 data.
The number of business establishments in the U.S. grew by 17.4 percent between 1998 and the end of 2003, although a slight net decline occurred in 2003 for the first time in six years, according to data recently released by infoUSA.
A new U.S. Government Accountability Office (GAO) report sets forth options for Congress to consider in establishing a system of key national indicators.
A Visa analysis of innovation and creativity among the nation’s top 50 metro areas has Seattle ranked first in combined scoring, followed by Austin, Nashville, Minneapolis and Washington, D.C. Visa’s Innovation Index measures entrepreneurialism, community support and creativity on a per capita basis throughout the major Metropolitan Statistical Areas.
Yesterday's edition of USA Today reported "the Commerce Department's Manufacturing Extension Program [sic], funded this year at $107 million...would be eliminated [in FY 2003] because the White House says they should be financed by the private sector."
With biotechnology taking center stage on several occasions during the past year, President Bush has appointed an 18-member Council of Bioethics to address some of the more controversial aspects of the field. Policy suggestions to emerge from the council are likely to impact the activities of the significant investments many states and localities are making for biotechnology research and seed capital.
The nation faces social and economic crisis unless America succeeds in promoting and taking advantage of racial and ethnic diversity, according to a report released last week by the Business-Higher Education Forum (BHEF).
This week, the SSTI Weekly Digest continues its series on governors' State of the State addresses, highlighting those portions concerning programs, policies and issues immediately affecting the tech-based economic development community.
Describing Maine as making "modest progress" in strengthening its capacity for innovation-driven economic growth, the Maine Science and Technology Foundation (MSTF) released on Tuesday The Maine Innovation Index 2002, a report on Maine's performance in the new economy.
Five Shoes Waiting to Drop on Arizona's Future, a 50-page report released by the Morrison Institute of Public Policy, details five key trends that could harm the state's future if they are not well managed.
Three Texas cities, Dallas, Houston and Austin, top the second annual Affordibility Index prepared by techies.com, a technology workforce placement company. The study tracks which cities offer the best combination of top salary and low cost of living for information technology professionals.
Salt Lake City, Atlanta, the DC/Baltimore corridor, Seattle and Phoenix round out the top eight metro areas.
AEA, formerly the American Electronics Association, in conjunciton with the Nasdaq stock market, has released CyberEducation 2002, a compendium and comparative analysis of several trends and educational statistics from across the country.
Thirty-Six Percent Drop in First-Year Foreign Engineering Students Reported
Last year, China replaced the U.S. as the most popular destination for foreign direct investment (FDI). The creation of an IBM Research Innovation Center as an extension of its China Research Lab near Beijing University provides a recent example of U.S. interest in capitalizing on China's emergence as the planet's hottest economy.
As the angel investment community continues to evolve from individual investors to sophisticated angel investment groups, the Kauffman Foundation and the Angel Capital Association (ACA) have jointly published a new guide designed to help angels form the most effective angel organizations for their communities.
Implementation of the Global Grid Exchange, a state-sponsored open public computing grid in West Virginia, is underway. Hewlett Packard will provide the infrastructure technology that will power the grid, an initiative of the West Virginia High Technology Consortium (WVHTC) Foundation.
What policies, investments and programs would be most effective for communities trying to attract, retain or build a local pharmaceutical industry? Research parks? Tax incentives? Biotech seed capital funds?