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120 Other Metro Areas included in Analysis for Northeast Ohio

As competition for leadership in stem cell research heats up across the nation, legal battles and the introduction of new legislation are becoming commonplace among many states. Following is a round-up of recent news on stem cell research legalities and legislation in several states.

One of the latest examples of the important role a foundation can play in tech-based economic development strategies comes from a recent $15 million donation to Tulsa University. The Chapman Trust, established after the deaths of Oklahoma oilman James Chapman and his wife Leta Chapman, made the donation to perpetually endow nine new junior faculty positions at the university.

The notion that, since a 2003 ruling, small businesses that are majority-owned by venture capital (VC) funds are being unfairly excluded from participating in the Small Business Innovation Research (SBIR) program is inaccurate, according to a recent study from the Government Accountability Office (GAO).

$10M Donation Funds Johns Hopkins Biomed Facility, Research Park

Regional migration patterns between 2000 and 2004 revealed a continuing net average annual in-migration in the South and the West and a net average annual out-migration in the Midwest and the Northeast, according to the Census Bureau’s latest report. Domestic Net Migration in the United States: 2000 to 2004 details recent patterns of population redistribution throughout the U.S. and provides migration data from 1990-2000 to show a historical perspective in migration patterns.

For the fifth consecutive quarter, venture capital (VC) investments in the U.S. hovered around the $4 billion range, showing a sign of stability, according to two independent reports. The reports affirm the industry's shift in focus away from information technology and toward the life sciences.

Biotechnology is projected by many to be the "next big thing" for economic growth — and money is following the hype. Congress has over the last several years accomplished the goal of doubling the budget for the National Institutes of Health, already the nation's largest funder of life science research.

In 2002, angels invested $15.7 billion in entrepreneurial businesses in the U.S., according to the Center for Venture Research. Yet – until now – there was no organization to establish best practices or collect data on how to maximize the performance of groups of angel investors.

Can universities, foundations and funding agencies, local governments and nonprofits work together to mainstream research and evaluation while improving program operations?

Iowa: Davenport Sells City Land for Tech Incubator

The National Science Foundation (NSF) has released a statistical report on Science and Engineering Doctorate Awards: 2002. The data show trends in science and engineering (S&E) doctorate awards by S&E field and recipient characteristics, institutions awarding doctorates, and postgraduation plans of recipients.

Case Western Reserve University is seeking an executive director of The Power Partnership for Ohio, one of the new Wright Centers of Innovation funded in part by a $18 million grant from the State of Ohio.

Sam Bodman, presently Deputy Secretary of the U.S. Department of Commerce, has been nominated to serve as Deputy Secretary of the Department of Treasury.

John Calvin, Secretary of the South Dakota Department of Tourism and State Development, has announced his resignation effective Dec. 15.

Sam Bodman, presently Deputy Secretary of the U.S. Department of Commerce, has been nominated to serve as Deputy Secretary of the Department of Treasury.

John Calvin, Secretary of the South Dakota Department of Tourism and State Development, has announced his resignation effective Dec. 15.

TechPoint, Indiana's statewide technology council, has named Cameron Carter to serve as president and chief executive officer.

U.S. Navy Rear Admiral Thomas Q. Donaldson, V has been appointed Director of the John C. Stennis Space Center (SSC), effective Jan. 5, 2004.

Carol Ann Dykes is the new president of the National Association of Management and Technical Assistance Centers.

The new position of vice president of research and health services at the University of South Carolina will be filled by Harris Pastides.

By a narrow margin, Ohio voters on Tuesday rejected a constitutional amendment that would have permitted the state to issue up to $500 million in bonds over 10 years to fund technology-based economic development projects. Defeated 51 percent to 49 percent, Issue 1 would have made up the final component of Gov. Bob Taft's proposed 10-year, $1.6 billion Third Frontier project. The remaining $1.1 billion is unaffected by Tuesday's vote.

State budget woes will continue into fiscal year 2005, reports the Washington-based Center on Budget and Policy Priorities. According to the five-page A Brief Overview of State Fiscal Conditions and the Effects of Federal Policies on State Budgets, FY05 estimates released by 21 state budget offices project a combined total shortfall of up to $33 billion — or 9 percent of those states' expenditures.

To stimulate business development and job growth in rural areas, officials of the U.S. Department of Agriculture (USDA) and the U.S. Small Business Administration (SBA) signed on Oct. 31 a collaborative agreement to create the Rural Business Investment Program (RBIP). The initiative will allow newly formed venture capital investment companies to leverage private capital funds with government financial assistance and to obtain both government and private grant resources for technical assistance.

Coupling manufacturing's sharp employment drop with the perennial struggles of a rural economy and the current economic downturn can cause massive struggles for many of the country's sparsely populated areas. The closure or significant downsizing of one manufacturing plant can be terminal for a small, rural town.

With the support of Maryland's Department of Business and Economic Development (DBED), BrainChild Maryland was launched this week to identify and capitalize on Maryland's most promising new technologies. The for-profit company will identify university and federal lab technologies that have the greatest potential for becoming viable products and services.