Growth in personal income tax has led to a revival of state tax revenues, the same source that led to the previous decline, according to a report released by the Nelson A. Rockefeller Institute of Government. The report indicates sustained growth in states' economies over the past three quarters, with increases in revenue from personal, sales and corporate taxes, creating optimism for the future of state budgets.
The city of Montpelier, Vt., will soon join the ranks of other high-tech cities as it prepares to implement its first Wi-Fi “hotzone” in the central downtown area. With support from Senator Patrick Leahy (D-Vt), city officials and local businesses, the Vermont Broadband Council recently launched MontpelierNet, a high-speed Internet network that will bring wireless broadband Internet access to the city.
Two years following its creation, the Louisiana Technology Fund has $2.3 million to help the early-stage technology companies for which it was intended, the Baton Rouge-based Advocate reported earlier this month. The fund stems from 2002 legislation that revived Louisiana's Certified Capital Companies (CAPCOs) program.
A bill designed to encourage collaborative research among universities and between universities and industry passed the Senate last Friday. The Cooperative Research and Technology Enhancement (CREATE) Act of 2004 will allow researchers and inventors who work for different organizations to share information without losing the ability to file a patent.
A pilot program meant to spur entrepreneurship with community involvement is set to begin in Torrington, Wy., in the next two months. A joint venture between the Goshen County School District, Eastern Wyoming College, and Goshen County Economic Development, the project, Planned Approach to Community Entrepreneurship (PACE), is designed to facilitate small businesses and help them achieve higher success rates.
Led by Govs. Bill Richardson and Arnold Schwarzenegger, the Western Governors' Association (WGA) announced last week it would support opportunities to develop a clean, secure and diversified energy system for the West and to capitalize on the region's energy resources. The New Mexico and California governors, respectively, are among those represented by the nonprofit WGA.
A new agreement between the State of Maryland and the National Security Agency (NSA) is expected to lead to new technologies for both. The two formalized a partnership earlier this month, signing a memorandum of understanding at the Maryland State House.
As the U.S. approaches the July Fourth weekend, during which time we celebrate all the good that is America, columnists and politicians across the country will sing the praises of free-market capitalism. And with our material abundance and relative wealth compared to the vast majority of the world's population, examples of success for our chosen economic system are numerous.
Missouri Enterprise Business Assistance Center, a Rolla-based, multi-office nonprofit organization that provides business and technical assistance to manufacturers, agricultural producers and startups, is seeking candidates for the position of President and Chief Executive Officer. The full description and application instructions can be found at http://www.missourienterprise.org/Ceo.asp
Includes $24M for Biomedical Research, $50M for Wright Centers
When Florida Gov. Jeb Bush surprised the world last October by announcing the state had landed an East Coast campus for the Scripps Research Institute, the draw from the public coffers cost was pegged at $510 million. The state was contributing $310 million and the county's share was up to $200 million for land acquisition and building construction.
Michigan small businesses receiving state and federal grants for research and development will be able to put more of those funds into their work, with legislation unanimously passing the state Senate last week.
The House Appropriations Committee passed on June 9 its version of the fiscal year 2005 Homeland Security bill, approving $70 million for university programs in the Department of Homeland Security (DHS). The funding level is $40 million above the President's FY 2005 request. The additional $40 million is allocated specifically for university-based centers of excellence.
A new report assessing 2002 federal research and development (R&D) funding in U.S. universities and colleges finds 45 percent of all federal R&D funds went directly to the nation’s 126 medical schools. This striking discovery, the authors contend, raises the question of whether other areas having substantial R&D funding needs such as environment, energy, homeland security and education are receiving the attention they require.
Although a significant gap still exists between women-led companies and their male counterparts, in terms of venture funding, some promising news may suggest a change in fortune for the former, a study released today by Growthink Research of Los Angeles and Chicago-based re:invention Inc. shows.
Most states recognize the importance university research plays in building a strong knowledge economy; it is a prominent component of the strongest regional technology clusters. Many states are increasingly focused on expanding their university research capacity and increasing the number of students in key science and engineering fields.
Joe James, director of the South Carolina Council on Competitiveness, has resigned his position with the S.C. Department of Commerce.
Joe James, director of the South Carolina Council on Competitiveness, has resigned his position with the S.C. Department of Commerce.
The new deputy undersecretary for the Technology Administration in the U.S. Department of Commerce is Michelle O'Neill. O'Neill formerly served as deputy assistant secretary for the International Trade Agency.
SSTI congratulates Tom Persons, president and CEO of the South Carolina Technology Alliance, for receiving the Individual Achievement Award from the Greater Columbia Chamber of Commerce.
Former NASA Administrator Richard Truly, now head of the National Renewable Energy Laboratory, announced his plans to retire in November.
Janet Yancey-Wrona, director of the Maine Technology Institute (MTI), has been named the Governor's Science and Technology Advisor and the first Director of Innovation for the Maine Department of Economic and Community Development. In her new position, Dr. Yancey-Wrona will oversee the state's research and TBED activities, including MTI, the business incubator program and Maine EPSCoR initiative.
California voters will be at the forefront of a highly controversial issue this November when they are asked to decide on a $3 billion bond issue to fund stem cell research.
The importance states are placing on the biosciences to fuel future economic growth is clearly evident in a monumental study released today at the annual international convention of the Biotechnology Industry Organization (BIO). Laboratories of Innovation: State Bioscience Initiatives 2004 is the most comprehensive analysis ever done to quantify the scope and impact of bioscience employment in all 50 states.
Only a handful of metropolitan areas have the critical mass necessary to ensure sustainability of their local biotech communities, according to America’s Biotech and Life Science Clusters, a new study from the Milken Institute. At the top of the list is San Diego, followed closely by Boston and the Raleigh-Durham-Chapel Hill metro area. Only another nine are in the running, the report contends.