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Building Entrepreneurial Networks, a major report on how and why networks of entrepreneurs nurture economic growth in communities across the country, was released Wednesday by the National Commission on Entrepreneurship (NCOE). 



To illustrate the importance of entrepreneurial networks, NCOE’s seventh report profiles five organizations in Idaho, North Carolina, Oklahoma, Pennsylvania and Texas that have succeeded in developing unique entrepreneurial networks. 

In an effort to help combat the present economic downturn, the Kauffman Center for Entrepreneurial Leadership at the Ewing Marion Kauffman Foundation is looking to partner with groups across the U.S. to provide training to displaced workers interested in starting new businesses. 

University of Buffalo Entrepreneurial Awards 

An in-depth look at the one-year success of a student company to win last year's first Panasci Entrepreneurial Awards at the University of Buffalo recently was highlighted in the Buffalo News. 

A National Science Foundation (NSF) program to foster significant public/private partnerships and help better position local communities to accommodate new and enhanced research and development is continuing into a second year, NSF announced last month. 

A recent report released by the National Center for Education Statistics (NCES), The Nation’s Report Card: Science 2000, shows the average scores of fourth- and eighth-graders were essentially unchanged from 1996, and the scores for 12th-graders declined by three points, a significant change. 

One of the key findings in the 2000 National Assessment of Educational Progress science assessment was the correlation between student performance and the use of computer technology in the classroom. For eighth-graders, the use of computer simulation and modeling corresponded with higher assessment scores. 

Using the statistics provided in the 2000 National Assessment of Educational Progress science assessment, SSTI has prepared a table ranking states based on the percent of 8th grade students scoring at or above proficiency in 2000. Ties were broken by the states' average scores for the year. 

2002 college graduates, particularly those with masters and doctoral degrees, can expect a tougher time finding employment after graduation next spring, according to the 31st annual Recruiting Trends survey conducted by the Collegiate Employment Research Institute at Michigan State University. 

Baton Rouge 

More than 45 days into the new fiscal year, several budget bills have finally moved out of Congress. Representatives from nearly all of the programs highlighted below will be participating in SSTI's fifth annual conference, discussing their priorities, plans and funding cycles for FY 2002. An entire track of breakout sessions has been dedicated toward federal funding opportunities for tech-based economic development programs and their clients. 

The Maryland Technology Development Corp. (TEDCO), RESI (a regional economic studies institute at Towson University), and the Maryland Business Incubation Association (MBIA) presented on Thursday the results of the Maryland Incubator Impact Study — a first-of-its-kind study for the state by measuring the economic impact of Maryland's six public- and university-related high-tech business incubators on the state's economy. 

Innovation indices or S&T report cards can be useful tools for assessing the health and direction of a region or state's economy. The results can be helpful for determining appropriate policies and programs to affect change and measuring progress. Evolving over the past five years, many states, localities and national organizations have prepared indices.

The President has nominated Sean O'Keefe to be Administrator of the National Aeronautics and Space Administration. O'Keefe replaces Daniel Goldin, who resigned last month. 

Fresno, California 

PricewaterhouseCoopers has released the detailed data for the third quarter results of its Moneytree™ survey. The survey found a total of $6.5 billion was invested in 601 financing rounds — a 23 percent decline in dollars and a 16 percent decline in rounds compared to last quarter. SSTI has prepared a table presenting the state-by-state results.