Expanding Access to Capital
Department of Treasury
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State Fiscal Relief
ARRA contains a number of provisions to provide fiscal relief to the states at a time of record deficits. Most attention has focused on the $53.6 billion provided through the State Fiscal Stabilization Fund, but the act also contains other provisions to assist the states.
Funding for Energy-related Items
Department of Energy
ARRA includes $39 billion in stimulus funding for the Department of Energy (DoE) as part of the package's support for upgrading the country's infrastructure and power grid. DoE allocations include funding for the department's science office, research grants, and energy efficiency programs.
SSTI Job Corner
Complete descriptions of the position openings described below are available at http://www.ssti.org/posting.htm.
People
The Arkansas Department of Economic Development has been renamed the Arkansas Economic Development Commission.
Leadership Oklahoma announced that Doug Fuller will be the organization's new director, effective May 7.
People
The Arkansas Department of Economic Development has been renamed the Arkansas Economic Development Commission.
People
Leadership Oklahoma announced that Doug Fuller will be the organization's new director, effective May 7.
People
Beth Gorin stepped down as CEO of the Lehigh Valley Economic Development Corporation.
People
Rick Homans will step down as secretary of the New Mexico Economic Development Department to become executive director of the New Mexico Spaceport Authority, effective May 1.
People
The Greater Phoenix Economic Council has named Robert Hooley as vice president of emerging technology.
People
The Montana SBIR Outreach Program is changing its name to the Montana Technology Innovation Partnership.
People
J.D. Stack replaces Oleg Kaganovich as the new CEO of the Sacramento Area Regional Technology Alliance.
Federal R&D Shows Real Dollar Drop
Whichever version of the H.R. 1, the American Recovery and Reinvestment Act (ARRA), emerges from conference committee would provide a significant reversal to the direction spending has gone for the past four years for federal research and development, based on data released by the National Science Foundation during the past week. From FY 2005 through FY 2008, federal R&D obligations decreased 7.8 percent in constant dollars.
SSTI Co-Hosts TIP-MEP Regional Meeting on March 12
On March 12 from 1:00-5:00 p.m. in San Francisco, SSTI is co-hosting a meeting with officials from the Technology Innovation Program (TIP) and the Manufacturing Extension Partnership (MEP) that we would encourage you or one of your colleagues to attend. TIP and MEP are two of the most market-driven programs operated by the federal government. Both programs have launched new investments and innovative services in the last year. The meeting will give you a chance to learn about:
Wisconsin Governor Proposes Investor Tax Credit Expansion, Funds for Advanced Workforce Training
Gov. Jim Doyle unveiled today an economic stimulus plan for Wisconsin that includes a proposal to enhance tax credits for angel and venture investors in support of start-up technology companies. A coalition assembled to improve Wisconsin's existing investor tax credits law applauded the governor's announcement to refine the four-year-old program.
Connecticut Gov Latest to Propose Consolidating Economic Development Efforts
Adding to a growing number of governors proposing to consolidate state economic development agencies, Gov. Jodi Rell last week announced in her budget request her intention to overhaul Connecticut's job creation infrastructure by merging several state agencies into the Department of Economic and Community Development (DECD).
Useful Stats: Gross Domestic Product by Metro, Per Capita GDP by Metro 2002-2006
According to the most recent release of gross domestic product (GDP) by metro area, 23 of the nation's 363 metro areas experienced a decrease in inflation-adjusted GDP from 2002 to 2006. Benchmarking against the aggregate U.S. metro GDP growth rate over those five years - which increased 12.8 percent - 167 of the nation's metros grew at a faster rate.
SSTI Job Corner
The complete description of this opportunity and others are available at http://www.ssti.org/posting.htm.
People
Lyne Bouchard is the president and CEO of TechnoMontréal, a new umbrella organization for the city's information and communications technology cluster.
Rich Cook has joined the West Michigan Science and Technology Initiative as venture center director.
People
Lyne Bouchard is the president and CEO of TechnoMontréal, a new umbrella organization for the city's information and communications technology cluster.
People
Rich Cook has joined the West Michigan Science and Technology Initiative as venture center director.
People
Jeffrey Corcoran has been named director of the new SUNY Fredonia High Technology Incubator in Dunkirk, N.Y.
People
Anna Ehnmark was appointed executive director of the Technology Alliance Group for Northwest Washington.
People
John Gee was named president and CEO of the Information Technology Association of Wisconsin.
People
Donna Kent resigned as president and CEO of the Arizona Technology Council to accept a position with Televerde, a marketing service solutions provider based in Tempe.