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SBDCs slated for $23 Million Increase; FAST Restored

At the same time civic and corporate leaders around the country are calling for more high school students to pursue a college education, and specifically science, technology and math degrees, the student's share of the cost for higher education is climbing to record highs.

Probably everyone involved in tech-based economic development (TBED) can name at least one research building, innovation center or tech park named after a significant contributor to the project. And has become commonplace individual components of the structure have been named for individual donors: a wing, the auditorium, the foyer, the artwork, the chairs in the board room.

Universities play a central role in supporting regional technology-based economic development and only one small federal grant program focuses each funding cycle toward new models for improving university-centered collaborative innovation strategies. The Partnership for Innovations (PFI) Program within the National Science Foundation (NSF) opened a new round of competition last week, offering funding of up to $600,000 for 10-15 successful proposals.

In SSTI's second look at the Geographic Area Statistics: 2004 from the U.S. Census Bureau’s Annual Survey of Manufactures, SSTI highlights more of the report's key findings, including data on employment, payroll, and average pay per employee.

In December, SSTI invited those involved in and interested in tech-based economic development to consider becoming a member of SSTI. Membership is growing so fast  that we are proud to announce already reaching the 100th member milestone for our Affiliates and Supporters! Special Recognition goes to our 99th member Northwestern University, Office of the President; 100th member Asheville-Buncombe Technical Community College, BioBusiness Center; and our 101st member CincyTechUSA.

SSTI's 7th Annual Conference, to be held in Seattle on Oct. 21-22, is now less than one month away. If you are planning to join 300 of your colleagues from more than 40 states at Building Tech-based Economies: From Policy to Practice, here are a few tips to save your organization a little money:

The Association of American Universities (AAU) seeks qualified candidates to fill the position of director of federal relations.

Scott Doron has been promoted to director for the Southern Technology Council, the advisory council on innovation and technology policy issues for the Southern Growth Policies Board.

Tony Jeff is the new executive director of the Manufacturing Extension Partnership of Mississippi.

Scott Doron has been promoted to director for the Southern Technology Council, the advisory council on innovation and technology policy issues for the Southern Growth Policies Board.

Tony Jeff is the new executive director of the Manufacturing Extension Partnership of Mississippi.

Robert McMahan has been named North Carolina's Science Advisor. In addition to advising the Governor on science and technology matters, McMahan will oversee the support staff for the North Carolina Board of Science and Technology. The advisor position will report to the secretary of the Department of Commerce.

The Biotechnology Industry Organization (BIO) promoted Michael Werner to the new position as chief of policy. Formerly, Werner served as BIO's vice president for bioethics.

Appropriations for the Department of Homeland Security (DHS) have emerged out of the conference committee for consideration and final approval by Congress — one of three budget bills likely to be passed before the fiscal year ends next Tuesday.

The President wants $87 billion for the war in Iraq. Congress is looking at a month-long continuing resolution for the budget since final approval on most appropriation bills is at least that far in the future. Meanwhile, the persistence of the recession, the restructuring of U.S. manufacturing due in part to globalization, and the continued hemorrhaging of tax revenues has led several governors, state legislatures and community leaders to begin rethinking their economic development strategies.

Study Hints at Why TBED Is Good National Investment

More than 700 of America's institutions of higher education couldn't claim to be vegetarian based on the record amount of pork they ate from the 2003 federal budget, according to the cover story of this week's Chronicle of Higher Education. The dollar value of college earmarks reached a record $2.013 billion in the current fiscal year's budget, 10 percent more than the previous high mark of $1.837 billion captured in FY 2002.

Sloan Foundation exec says no

At several intervals during the past 50 years, various reports have argued that the U.S. was or would soon be confronted with a shortage of scientists and engineers in various fields. If a crisis did arise, it could play havoc on local and state technology-based economic development efforts dependent on a technologically skilled workforce for innovation and growth. But is there a real risk?

Gov. Jim Doyle last week unveiled his plan to jumpstart the Wisconsin economy. The plan, "Grow Wisconsin," calls for a series of executive actions, private sector partnerships and legislative steps to create high-wage jobs and achieve other goals. Some of the tech-based economic development items outlined in "Grow Wisconsin" are:

Gov. Mitt Romney outlined a legislative package on Monday totaling $125 million designed to create more jobs. Many elements of the package target the science and technology communities.

Investments in science and technology (S&T) – from higher education to industry research and development (R&D) – are the decisive factors in creating a sustainable economic future, a new study finds.

Gaining an understanding of the real and potential economic impact of government investments in research and development (R&D) has suffered for decades from a lack of rigorous but broadly applicable methodologies for the assessment. To advance the field toward a more appropriate degree of uniformity, the National Institute of Standards and Technology (NIST) recently released a primer on economic impact analysis of government R&D programs.

An educated workforce is one of the elements required for a knowledge economy, but not all of the critical jobs require a Ph.D. or even a B.A. Few would dispute, though, the importance of successfully completing high school.

Seats Available for Developing Angel Organizations, Financing TBED Workshops

Randy Burge has announced his resignation as director of the New Mexico Department of Economic Development's Office of Science and Technology. Mike Orshan will serve as acting director beginning Sept. 29.