Illinois Governor Proposes Own Economic Stimulus Plan, Yet Cuts Funding for TBED Programs
Gov. Rod Blagojevich unveiled a $25 billion capital plan supporting, in small part, several energy and technology projects, while at the same time eliminating funding in his fiscal year 2009 operating budget for several TBED-related programs within the Department of Commerce and Economic Opportunity (DCEO).
Angel Groups Anticipate Rise in High-Quality Deals in 2008
This year's edition of the Angel Capital Association's (ACA) Angel Group Confidence Report reveals that angel investors are "cautiously optimistic" about their opportunities in 2008, despite recent predictions of a slowdown for the overall U.S. economy. In a survey of ACA members, nearly 55 percent predicted that the number of angel investments made by their group and the total dollars invested will increase this year.
Programs Recruit, Train Workers and Youth for Critical ‘Middle Skill’ Jobs
Across the nation, policymakers, business leaders, private foundations and nonprofit groups are investing in science, technology, engineering, and mathematics (STEM) graduates to maintain a competitive U.S. workforce. From middle school math and science labs to engineering-centered summer camps and tuition reimbursement for undergraduates who pursue these fields, there is widespread support for STEM graduates.
Recent Research: Quantifying Impact of Education and Other Factors on Economic Mobility
The best path to breaking the cycle of poverty from one generation to the next is a college degree, according to a new Brookings Institution report. Getting Ahead or Losing Ground: Economic Mobility in America reveals 41 percent of degree-holding people whose parents’ income placed their families in the bottom 20 percent of the population, or quintile, now have incomes placing them among the top 40 percent.
People & TBED Organizations
BioConnect of Greater Charlotte, a new networking group for Charlotte, N.C.-area workers in life-science-related fields, held its inaugural meeting earlier this month.
The North Carolina Biotechnology Center has hired Yonnie Butler as business development director of its business and technology development unit.
People & TBED Organizations
BioConnect of Greater Charlotte, a new networking group for Charlotte, N.C.-area workers in life-science-related fields, held its inaugural meeting earlier this month.
People & TBED Organizations
The North Carolina Biotechnology Center has hired Yonnie Butler as business development director of its business and technology development unit.
People & TBED Organizations
Bob Calcaterra announced he is resigning as president of the Nidus Center for Scientific Enterprise, effective this spring, to help form a venture capital fund.
People & TBED Organizations
James Ellick is taking a leave of absence as director of the Idaho Department of Commerce for personal reasons.
People & TBED Organizations
Bo Fishback is the new vice president of entrepreneurship for the Kauffman Foundation.
People & TBED Organizations
A number of regional economic development organizations in Tennessee have formed a partnership called Innovation Valley Inc. Partners in Innovation Valley Inc. include the Blount County Chamber of Commerce, Knoxville Area Chamber Partnership, Loudon County Economic Development Agency, Oak Ridge Economic Partnership, The Roane Alliance and Tellico Reservoir Development Agency.
People & TBED Organizations
Dr. Cynthia McIntyre was named senior vice president of the Council on Competitiveness.
People & TBED Organizations
Egils Milbergs was appointed director of Washington's newly formed Economic Development Commission.
People & TBED Organizations
David Rooney will replace Tyler Fairbank as president of the Berkshire Economic Development Corp., effective next month. Rooney leaves the Empire State Development Corp. as its regional director.
People & TBED Organizations
Helene Schember became the first executive director of the Cornell Center for a Sustainable Future Dec. 3, joining the center as its first full-time staff member.
People & TBED Organizations
Peggy Tadej has left the National Association of Regional Councils to work in research at the Department of Transportation for the District of Columbia.
People & TBED Organizations
Kansas University has appointed Steve Warren as its first full-time vice provost for research and graduate studies.
People & TBED Organizations
The DC Technology Council and the Washington, DC Economic Partnership have joined to form a new association that will keep the name Washington, DC Economic Partnership.
Global Innovation Race Tightening, EU Finds
The innovation gap between Europe and the U.S. is shrinking by several measures, according to the latest benchmarking study from the European Union (EU). The size of the gap remains significant, however, due in part to factors such as an increasing public R&D intensity in the U.S. and a decreasing public R&D intensity in the EU.
Chinese Venture Capital Investment Grows in 2007, But Not in High-Tech Industries
Venture capitalists invested almost $2.5 billion in China in 2007, according to a new report from Dow Jones VentureSource. That figure is a 5 percent increase over the 2006, and the highest since 2001, despite a decrease in the number of deals. Though investment is not growing quite as quickly as it is in the U.S., where venture investment rose by 8 percent last year, China is becoming a key global market for venture investment.
Three VC Firms Picked to Extract Green Tech from Federal Labs
Last week, three venture capital firms were chosen by the Department of Energy (DOE) to participate in its new Entrepreneurship in Residence (EIR) program, a pilot initiative designed to get advanced energy technologies out of the federal labs and into the marketplace. In the program’s design, an entrepreneur affiliated with each venture capital firm will work with the selected DOE laboratory staff in order to identify and evaluate marketable technologies.
Funds to Improve Existing Industries Prominent in Louisiana Budget
Gov. Bobby Jindal unveiled his fiscal year 2008-09 budget to the legislature last week, focusing heavily on improving the existing workforce and creating a business climate that encourages entrepreneurship.
Growth Capital for Targeted Industries at Center of Rhode Island Economic Plan
Using the state’s regional advantage, the Rhode Island Economic Development Corporation (RIEDC) wants to create high-wage jobs in targeted industry sectors and establish new equity and financing programs that provide growth capital to sustain the ventures, the agency announced last week.
Research Park RoundUp
The following overview is a synopsis of selected recent announcements from research parks across the nation, including new tenants, groundbreakings and tools for financing start-up companies.
Timeline Announced for 2008 Excellence in TBED Awards
The 2008 Excellence in TBED Awards call for applications is right around the corner, and this year, your organization could be recognized as a national leader in the TBED community.
As an award winner, you: