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The U.S. venture and angel markets appear to have fully recovered from their slump earlier this decade. Pricewaterhouse Coopers' Moneytree Survey reports that as of the third quarter, 2007 is on track to become the most active year for venture investment since 2001. Three years after hitting a tech bust low of just under $20 billion in 2003, venture firms investment surpassed $26 billion last year. Venture fundraising has been even stronger, as funds recovered from a low of less than $5 billion in 2001 to more than $30 billion in 2006.

Southern Growth Policies Board recently announced the launch of two new, searchable web-based tools and the redesign of its website.

For more information on the positions below, visit SSTI's online Job Corner at http://www.ssti.org/posting.htm.

Automation Alley has named Thomas Anderson as president of the Automation Alley Education & Research Institute. Mr. Anderson also is director of the consortium's Technology Center.

Automation Alley has named Thomas Anderson as president of the Automation Alley Education & Research Institute. Mr. Anderson also is director of the consortium's Technology Center.

President Bush has nominated Santanu Baruah to be Assistant Secretary for Economic Development for the U.S. Department of Commerce. Mr. Baruah's responsibilities include oversight of the Economic Development Administration.

John Gardner has been named the first vice president for research and economic development for the University of Missouri system.

David Goodrich announced he will leave his position as CEO of the Central Indiana Corporate Partnership at the end of the year.

Mike Kazmierski is the new president of the Greater Colorado Springs Economic Development Corp.

Sue Strommer has joined the National Association of Seed and Venture Funds as Chief Executive Officer (NASVF) as CEO. Charlie Spies, the former president and CEO, will remain as president of NASVF.

As part of SSTI's 11th Annual Conference, recipients of the first annual SSTI Excellence in TBED Awards were honored for their participation in a national competition showcasing best practices in approaches to building tech-based economies.

 

Designed to celebrate exceptional achievement in addressing the elements that have been found in successful technology-based economies, the awards program recognizes efforts to improve state and regional economies through science, technology and innovation.

On the heels of our successful 2007 annual conference, held last week in Baltimore, SSTI is pleased to announce that Cleveland will be the location for our 12th annual conference. The nation’s premier event for sharing ideas on the best ways to encourage technology-based economic development and foster regional prosperity in a global economy will be held at the InterContinental Hotel in Cleveland, Oct. 14-16, 2008. 

 

Only 13 days left to register early for SSTI's 9th Annual Conference!

Save $100 by Registering Before Sept. 20, 2005.

For more information on the positions below, visit SSTI's online Job Corner at http://www.ssti.org/posting.htm.

Idaho Gov. Dirk Kempthorne named Idaho National Lab Director John Grossenbacher as the new chairman of the Governor's Science & Technology Advisory Council.

Idaho Gov. Dirk Kempthorne named Idaho National Lab Director John Grossenbacher as the new chairman of the Governor's Science & Technology Advisory Council.

Chandler Howard, co-president of Bank of America, is leaving to become president and CEO of Connecticut Innovations.

Peter McPherson, president emeritus of Michigan State University, is the next president of the National Association of State Universities and Land-Grant Colleges.

Thank you! Interest in SSTI's 11th annual conference has been extremely high since the agenda was released during the summer, and, as we expected and warned, SSTI will not be able to accommodate walk-in registrations on the day of the event. We apologize for the inconvenience and the missed opportunity this creates for a number of Digest readers.

Washington State is attempting to replicate the success of North Carolina’s Research Triangle in promoting regionalism and industry clusters through a new Innovation Partnership Zones initiative.

 

The angel market may be showing the first signs of leveling off following four years of moderate sustained growth. Angel investment in U.S. companies fell 6 percent in the first two quarters of 2007, according to the University of New Hampshire's Center for Venture Research (CVR).

The National Governors Association (NGA) Center for Best Practices has selected seven states to participate in a year-long policy academy named State Strategies for Promoting Innovative Clusters and Regional Economies. Teams from the seven states – Georgia, Illinois, Iowa, Kentucky, Maryland, Oregon and West Virginia – will collaborate with staff from the NGA to create action plans for improving each state’s competitiveness and economy through cluster development.

Announced last week, Ivy Tech Community College will receive a $3.18 million grant for training individuals from a 14-county region in North Central Indiana in science, technology, engineering, and math (STEM) fields. The grant, a component of the $15 million Indiana Workforce Innovation in Regional Economic Development (WIRED) initiative funded by the U.S. Department of Labor, will establish the New Pathways to STEM-based Careers program. The New Pathways program will be concentrated into three distinct areas:

Arizona State University professor James Collins is the new assistant director for biological sciences at the National Science Foundation.

Larry Cox is the new director of the Ball State University Entrepreneurship Program, effective Aug. 22.

Arizona State University professor James Collins is the new assistant director for biological sciences at the National Science Foundation.