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.
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.
The Idaho Economic Development Association has named Jan Rogers as new president.
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.
The Modernization Forum reported on Thursday that Congressional appropriators have agreed to gut the Manufacturing Extension Partnership (MEP), the main federal program serving America’s small manufacturers. The move came Wednesday night, despite the pleas of more than 300 members of Congress who supported $110 million in letters to the CJS Subcommittee. The U.S. has lost 2.5 million manufacturing jobs since the beginning of 2001.
Despite more than a year of economic recovery, the economies of well-performing states are still stressed by higher unemployment, lower wage jobs, slower pay growth and declining employer-provided health coverage, reports the Corporation for Enterprise Development (CFED). In its seventeenth annual Development Report Card for the States, the nonprofit, nonpartisan think tank observes many American families also are still struggling financially.
The University of Arizona Office of Economic Development (UA OED) has released its annual report card on economic growth and development in the Arizona-Sonora region. Funded by the Arizona-Mexico Commission and the Arizona Department of Commerce, Regional Economic Indicators: Arizona-Sonora 2003 monitors economic changes in the Arizona-Sonora region via 33 indicators across four broad areas:
New figures on the proportion of foreign-born workers in science and technology occupations suggest the federal government must "act now" to meet future needs in science, engineering and technology fields, a new National Science Board (NSB) report argues. A sampling from 2000 census figures indicates a larger than previously known percentage of degree-holding, foreign-born professionals working in the U.S.
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.
The National Institutes of Health (NIH) recently released a table presenting the top 100 cities for NIH awards in FY 2002. Boston and New York City are the only two cities to receive more than $1 billion in NIH funding. Boston’s lead shrank from $140 million in FY 2001 to $14 million in 2002.
The American Association of University Professors has appointed Roger Bowen to succeed Mary Burgan as the association's next general secretary.
Virginia's Institute for Defense and Homeland Security recently named Henry Connors Jr. as its business development director.
The American Association of University Professors has appointed Roger Bowen to succeed Mary Burgan as the association's next general secretary.
Virginia's Institute for Defense and Homeland Security recently named Henry Connors Jr. as its business development director.