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TOP Reauthorized and To Grow, Says Senate Commerce Committee

Climate change. Global warming. Foreign oil dependency. Natural gas prices. Ozone alerts. Brownouts. Increasingly, energy related items grab the headlines, copy space and news coverage across America.

Recently released information on per capita income by state reveals the dramatic impact the dot-com boom and bust, plus the economic slowdown has had on income levels. Analyzing per capita income from 1998 to 2002 indicates that during that time every state but Nevada saw their per capita income increase. However, almost half of the states (23) peaked in 2000 and their per capita income has declined since.

Two of the most critical issues in today's tech-based economic development (TBED) involve money — funding for companies and funding for TBED programs.

Large-Scale Biomedical Science: Exploring Strategies for Future Research

The Human Genome Project, considered by life scientists to be their first foray into "big science," has paved the way for future large-scale projects that promise to lead to faster improvements in human health. But no guidelines on how to organize and fund such initiatives in the biomedical sciences have been available — until now.

Rod Casto was recently appointed to the position of Associate Vice President for Economic Development in the University of South Florida's Office of Research. Mark Laurenzo also has been named the new Deputy Director of the Division of Patents and Licensing in the USF office.

Rod Casto was recently appointed to the position of Associate Vice President for Economic Development in the University of South Florida's Office of Research. Mark Laurenzo also has been named the new Deputy Director of the Division of Patents and Licensing in the USF office.

The nonprofit Challenger Learning Center of Alaska Board of Directors recently announced the hiring of Sharon Gherman as its new Executive Director. Gherman was the former K-12 program executive for the Alaska Science and Technology Foundation.

Jacques Koppel, president of Minnesota Technology, Inc. since 1991, announced his resignation on July 28. Under Mr. Koppel's leadership, MTI worked with more than 5,600 manufacturing and technology companies around Minnesota, helping the state's economy realize gains of more than $700 million in the process.

Before ending its 2003 session, the Rhode Island legislature signed off on nearly all of the technology-based economic development (TBED) initiatives at the core of Gov. Donald Carcieri's strategy to help the state rebound from the down economy. First outlined in his Feb. 4 State of the State Address (see the Feb.

The U.S. Department of Agriculture (USDA) announced earlier this week the availability of $6 million in USDA Rural Development grant funds to support rural economic and community development efforts.

The unsettled nature of the venture capital industry is well depicted in two differing reports released Tuesday. Both detail venture capital investments for the second quarter of 2003, but offer a conflicting picture of U.S. investing activity.

The City of Spokane and a group of local organizations have penned a strategic plan designed to help the city and the Inland Northwest achieve an Innovation Economy.

Nearly 60 percent of the new jobs in the knowledge-based economy of the early 21st century will require skills that are held by just 20 percent of the present workforce, states a new report released by the National Coalition for Advanced Manufacturing (NACFAM). The Case for Enhancing American Workforce Skills examines a growing skills gap in the nation's manufacturing sector and the problems employers have in finding skilled workers able to deal with technological changes in the workplace.

Until now, the opportunities have been fairly limited for tech-based economic developers to learn from the lessons of fellow practitioners running successful entrepreneurship programs.

Small businesses in the U.S. should consider a wide and complex range of factors before investing in foreign patents, recommends a new report prepared by the U.S. General Accounting Office (GAO).

C. Michael Cassidy, president of the Georgia Research Alliance, has been appointed to the governing board of the Biotechnology Industry Organization.

Joint Venture: Silicon Valley has named Russell Hancock as its new president and CEO.

C. Michael Cassidy, president of the Georgia Research Alliance, has been appointed to the governing board of the Biotechnology Industry Organization.

Joint Venture: Silicon Valley has named Russell Hancock as its new president and CEO.

Dr. Lee Eiden, SBIR Program Coordinator for the U.S. Department of Education for nearly seven years, is shifting positions within the agency to work for the Office of Management/Chief Information Office. Dr. Eiden's contributions toward improving the state-federal partnership for SBIR outreach and technical assistance will be greatly missed by the state and local tech-based economic development community.

The director of the Arkansas Department of Economic Development has announced his retirement. Jim Pickens will remain in the position until his replacement is named, according to local news reports.

Pari Sabety, director of Ohio State University's Technology Policy Group, is leaving to become Director of the Neighborhood Markets Initiative, a new program of the Center for Urban and Metropolitan Policy in the Brookings Institution.

The director of the Nebraska Department of Economic Development, Al Wenstrand, is leaving to become executive director of the Florida's Great Northwest, an economic development agency serving the Florida Panhandle.

We recognize that SSTI's annual conference quickly has become the premier professional development event annually for the tech-based economic development field. It's quite an honor, but it is also quite an obligation. Our conference participants have come to expect a level of unsurpassed quality. At least, that's what they tell us in the evaluations.

The backdrop for this year's annual meeting of the National Conference of State Legislatures (NCSL) was painted in budget cuts, tax increases and nearly three years of gloomy economic news. Only adding salt to the wounds, the meeting was held in California, a state whose FY 2003 deficit – now carried over into FY 2004 because of partisan squabbling – could swallow the entire budget approved in more than half of the states in attendance.