People
Toucan Capital announced the appointment of Dr. Phillip Singerman as a new Venture Partner.
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New York Unveils $1B Upstate Revitalization Fund
Last week, Gov. Eliot Spitzer gave New York’s first ever “State of the Upstate” address in Buffalo, outlining his administration’s $1 billion Upstate Revitalization Fund. Among the components intended to encourage economic growth in the northern part of the state are:
University Initiatives Slated for Increased Funding in Arizona Budget
With a budget management plan for the current fiscal year making its way through the state legislature, Gov. Janet Napolitano announced increased funding and borrowing for university programs and research initiatives in her fiscal year 2009 budget recommendation.
Maryland Budget Maintains State Investment in Biotech
Funding for several TBED-focused initiatives aimed at increasing the state’s biotech portfolio is prominent in Gov. Martin O’Malley’s fiscal year 2009 budget proposal. Under the recommendation, stem cell research, biotechnology and nanotechnology are targeted for investments to grow the state’s economy, building on the actions of the 2007 legislative session (see the April 16, 2007 issue of the Digest).
Research, Innovation and Education Initiatives Proposed in Kansas Budget
Gov. Kathleen Sebelius delivered her State of the State Address last week proposing new initiatives and continued funding for several TBED programs emphasizing education and innovation as key to the state’s future economy.
Tech Talkin’ Govs, Part III
Highlights from State of the State addresses delivered in Alaska and Hawaii are included in the third installment of the Tech Talkin’ series.
Alaska
Gov. Sarah Palin, State of the State Address, Jan. 15, 2008
Local Capital Programs Help Address Regional Gaps
Although the national venture capital investment continues to expand, many parts of the country still lack access to reliable sources of business capital. Even in states that rank in the top tier for venture investment, there are often insufficient capital resources to support businesses at every stage of development.
Venture Capital Events Offer Educational Opportunities for Undergraduates
While many universities offer business plan competitions and programs in entrepreneurship and commercialization, fewer opportunities are available to learn about the capital side of the equation. Last week, however, two major conferences invited students to learn more about venture capital (VC) investment and emerging trends in the venture industry.
Useful Stats: Federal R&D Obligations to Industry by State, 2000-2004
Each year, the National Science Foundation releases updated information for their Federal Funds for Research and Development series. SSTI has prepared a table illustrating the amount of federal R&D obligations provided to industry in each state from 2000 to 2004, the most recent years for which statistics are available. Additionally, the relative ranking of each state is displayed for every year in this period.
Mixed Results for TBED in State Budget Proposals
Coinciding with a plethora of state-of-the-state addresses delivered over the past week, several governors have released budget recommendations for the upcoming fiscal year. The following states’ budgets include crucial TBED investments and reductions in programs.
California
Recent Research and Useful Stats: NSF Releases Science & Engineering Indicators 2008
On Tuesday, the National Science Foundation (NSF) released Science & Engineering Indicators 2008, its comprehensive biennial analysis of the U.S. and international science and technology landscape. This version provides thorough details about the features of a rapidly-changing global economy, as countries continue to make investments in their knowledge-based capacity and industries.
Outdated Tax Systems Holding Back State Economies, Report Says
With many states anticipating or already preparing for budget pressures, state leaders are increasingly looking for ways to increase their revenue streams. A new report from the Pew Center for the States finds that in many cases outdated state tax systems are stifling growth and failing to build a stronger tax base. Authors Katherine Barrett and Richard Greene argue that many of these systems have not been overhauled since the rise of service economy. In 2005, service industries accounted for 68 percent of U.S.
SSTI Job Corner: University Seeks Assistant Professor in Regional Economic and Workforce Development
The Department of Economic and Workforce Development at the University of Southern Mississippi is seeking someone to fill a tenure-track assistant professor position. Specialization in regional workforce development is preferred; however, other areas of specialization, such as disaster recovery, entrepreneurship, rural development, technology transfer, or low-income communities, will be strongly considered.
People
David Archer is the new managing director for Nevada's Center for Entrepreneurship and Technology.
Robert Chernow was appointed to the newly created position of vice provost for entrepreneurship at Rensselaer Polytechnic Institute.
People
David Archer is the new managing director for Nevada's Center for Entrepreneurship and Technology.
People
Robert Chernow was appointed to the newly created position of vice provost for entrepreneurship at Rensselaer Polytechnic Institute.
People
The Greensboro, N.C.-based Nussbaum Center for Entrepreneurship has a new president, Michael Hentschel.
People
Sandy Johnson was promoted to CEO of the Mid-America Manufacturing Technology Center.
People
Donna Kent is the new president and CEO of the Arizona Technology Council.
People
Dan Lynch was named president of the Greensboro Economic Development Partnership.
People
The Information Technology Association of Wisconsin, formed in June 2005, selected Jim Rice as its president and CEO.
People
The Southern Arizona Tech Council announced it will merge its programs into the recently created Tucson Regional Economic Opportunities Inc., an integration expected to be mostly completed by June 30, 2006.
Michigan Commits $1 Billion to Life Sciences R&D & Biotechnology Commercialization
With a $50 million appropriation in FY 2000, the State of Michigan has made the first installment toward spending $1 billion over the next 20 years for life sciences research, development, and commercialization. The funding is derived from Michigan's tobacco settlement. Other public and private sources are expected to match much of the state's investment over the two decades.
People
Bill Mahoney is the new president of the South Carolina Research Authority.