Search

The Indiana Health Industry Forum announced James "Mike" Brooks accepted the position of president and CEO effective July 11.

Randy Goldsmith resigned his position as president and CEO of the San Antonio Technology Accelerator Initiative (SATAI) Network to become assistant vice president of tech transfer and economic development at the University of Texas at San Antonio. SATAI is currently accepting applications to fill the vacancy (see item below).

Jeff Moseley will replace Jim Kollaer as president and CEO of the Greater Houston Partnership.

Purdue University professor Jerry Woodall was chosen to lead the university's Burton D. Morgan Center for Entrepreneurship.

MdBio, Inc., a nonprofit organization servicing Maryland's bioscience industry, announced it will be renamed the MdBio Foundation under restructuring and expansion efforts. The 501(c)3 organization will be overseen by a new 501(c)6 nonprofit membership trade association, MdBio, Inc.

MdBio, Inc., a nonprofit organization servicing Maryland's bioscience industry, announced it will be renamed the MdBio Foundation under restructuring and expansion efforts. The 501(c)3 organization will be overseen by a new 501(c)6 nonprofit membership trade association, MdBio, Inc.

Elyse Golob is the new director of the University of Arizona Office of Economic and Policy Analysis. Beginning July 1, Leslie Tolbert will be the university's vice president for research, graduate studies and economic development, replacing Richard Powell upon his June 30 retirement.

John Hanak is the new director of the Purdue Technology Center of Northwest Indiana.

President Bush has nominated Dr. William Jeffrey as director of the National Institute of Standards and Technology (NIST). The nomination is subject to Senate confirmation.

Bob Shriver recently resigned as director of the Nevada Commission on Economic Development. Tim Rubald, the commission's director of business development, has been named interim director.

After months of negotiations, the House and Senate have approved the most significant bill in years to bolster U.S. research. The America Creating Opportunities to Meaningfully Promote Excellence in Technology, Education and Science (COMPETES) Act authorizes over $43 billion in new federal spending over the next three years, which will support U.S. math and science education and federal research agencies.

The India Ministry of Micro, Small and Medium Enterprises announced last week a plan to provide funding to 50 universities and training institutions for the creation of up to 100 enterprise incubators within innovative fields.

 

Policymakers and researchers in the U.S. continue to debate the effectiveness and value of providing R&D subsidies to firms in the hope of spurring technological developments and wealth generation. At the national level, several organizations have called to make the federal R&D tax credit, also known as the Research and Experimentation Tax Credit (RETC), a permanent incentive program. Researchers centered in countries outside of the U.S. are looking at the effectiveness of R&D subsidies in their nations, as well.

An expected explosion of health-related expenditures combined with no new policy changes will likely result in fiscal challenges for state and local governments within the next decade, says a new report from the Government Accountability Office (GAO). The result could put downward pressure on public funding available to support TBED initiatives.

 

In today’s world, a trip to the doctor may entail your test results to be analyzed in India, your specialist to be called in Canada, and your billing information to be processed in South Africa. Given the prevalence and speed of modern forms of communication, information can be sent around the globe at a moment’s notice, hastening the speed of business.

 

Every year, the National Science Foundation releases its Academic R&D Expenditures report, filled with statistics related to the characteristics of R&D at U.S. colleges and universities. Using these reports, SSTI has prepared two tables detailing the funds provided by industry in fiscal year 2005 for the 100 institutions with the highest amount of industry-financed R&D.

SSTI is wrapping up the conference brochure for our 11th annual conference, Transforming Regional Economies, a mailing that goes to more than 12,000 TBED practitioners.

North Canton, Ohio, has been chosen as the site for the nation's newest Department of Defense (DoD) Center of Excellence. Centers of Excellence deal with specific military technology needs that are deemed critical to the nation's defense and security.

Oregon lawmakers haveagreed to fund nearly all of Gov. Ted Kulongoski’s innovation proposals, including investments in seven new industry initiatives and the creation of two new signature research centers. The innovation plan passed by lawmakers falls $10 million short of the original $38 million proposal introduced by the Oregon Innovation Council and included in Gov. Kulongoski’s fiscal year 2007-09 budget released in December 2006 (see the Dec.

After running on a month-long stopgap budget, North Carolina lawmakers reached a $20.7 billion budget agreement for fiscal year 2007-08 earlier this week that includes funding for major research initiatives, public and higher education, and TBED-related items.

 

A majority of angel investment groups report that the quality and quantity of their deal flow increased last year, according to a recent national survey of angel investors. Roughly 54 percent reported an increase in activity in 2006, and almost 58 percent expect even more investments and higher quality deals throughout 2007.

 

The venture capital industry appears to have rebounded from the post-tech bust slump, according to Ernst & Young’s latest Global Venture Insights Report. In the past year, venture investment has climbed to its highest point since 2001. Much of this growth has taken place in emerging markets like India, Russia and particularly China, where the venture industry is a relatively recent phenomenon.

With the goal of improving the competitiveness of their workforces, many states and regions are searching for the best policies to encourage participation in educational opportunities beyond high school. Dual enrollment plans are one type of such policies that enable students to enroll in postsecondary level courses while still in high school.

 

The Maryland Technology Development Corporation has awarded more than $500,000 to seven start-up technology companies. The program, TEDCO’s Maryland Technology Transfer Fund (MTTF), is designed to help businesses transfer technology from Maryland universities and federal laboratories into the marketplace. The grants range between $70,000 and $75,000.

 

Like many states, Wisconsin has struggled to attract consistent attention from the national venture capital industry. Capital can be especially difficult to obtain in the state, since entrepreneurs with limited resources are often unable to participate in the expensive and complicated process of presenting their cases to venture capital firms based on the coasts.