New Resources: ACA Launches Website
Best practices and a how to guide written by real practitioners of angel financing are just two of the new resources available through the Angel Capital Association (ACA). The following papers for understanding and growing a local seed capital activity within a region are available through the association's website:
HHMI To Fund New Va. Biotech Magnet Program
The Howard Hughes Medical Institute (HHMI) announced last month a partnership with the Loudoun County, Va., school district to donate $1 million per year to establish a biotech magnet program for area high school students.
Tech Talkin Govs IV
In SSTI's final look at the 2004 State of the State and Budget addresses, the importance of building tech-based economies continues to be emphasized by governors across the country. Below are excerpts from speeches given in Alabama, Maryland, Minnesota, Oklahoma, Pennsylvania and Rhode Island.
Impact Analysis Finds Virginia's CIT Surpassed 2003 Goals
The line was drawn in the sand a year ago. Some felt Virginia's Center for Innovative Technology (CIT), the Commonwealth's lead organization for science and technology, had been set up for failure in a partisan fight for limited public revenues. Like the rest of Virginia's economic development portfolio, CIT took a big hit in the budget cycle as Virginia dealt with a multibillion-dollar deficit in fiscal year 2003.
Eight Scientists and Engineers Garner National Medals of Science
Eight of the nation's leading scientists and engineers were named on Oct. 22 recipients of the 2002 National Medal of Science — the nation's highest honor for researchers who make major impacts in fields of science and engineering. Administered by the National Science Foundation (NSF) for the White House, the medal recognizes career-long, ground-breaking achievements and contributions to innovation, industry or education.
NSF Awards $68M for New Engineering Centers
Storm prediction, extreme ultraviolet light, clean chemical manufacturing, and implantable electronics for treating incurable diseases — all of the above will be tackled by four new Engineering Research Centers (ERCs) created by the National Science Foundation (NSF) last week. The new centers will receive a $68 million from NSF over the next five years.
Despite Downturn, Industry R&D Holds Steady in 2001
The National Science Foundation (NSF) has given us the first peek at the results of the 2001 survey of industrial research and development expenditures and, while the news is better than expected given the economy, the first figures provide further evidence of the struggles of the U.S. manufacturing base. Issue Brief 04-301, U.S.
People
Virginia's Center for Innovative Technology has promoted Dan Mills to vice president for regional operations.
NSF Commits $2M to Study Nanotech Implications
Two new grants, each greater than $1 million, have been awarded by the National Science Foundation (NSF) to study the societal implications of nanotechnology — the emerging discipline that seeks to control and manipulate matter on a molecular scale. The grants are the largest awards the foundation has ever devoted exclusively to research in societal implications.
Draft NSF Strategic Plan Open for Comment
Meeting short-term budget demands are consuming more and more of state, local and academic tech-based economic development practitioners' time. However, keeping an eye on the long-range funding picture is critical for sustained success. One of the most important federal sources for supporting the research enterprise is the National Science Foundation (NSF).
TBED Comings and Goings
G. Michael Alder has been named executive director of the Biotechnology Association of Alabama.
TBED Comings and Goings
The new executive director of the Virginia Piedmont Technology Council is Gail Milligan.
People
The Board of Directors for Virginia’s Center for Innovative Technology (CIT) announced last week their selection of Peter Jobse as the new president of CIT. Jobse has been CIT’s executive vice president and chief operating officer since joining the organization in October 2002.
Virginia Alliance Sees First Fruits of 2002 Strategic Plan
A strategic plan issued in 2002 by the Fifth Planning District Regional Alliance in Virginia may officially have completed the first phase when the Alliance recently awarded $273,342 in grants and earmarked funds.
People
John Harrison is Governor Bob Riley's pick to serve as director of the Alabama Department of Economic and Community Affairs. Harrison was the Mayor of Luverne, Alabama for the past 14 years.
People
Ellen Hemmerly has been named president of the nonprofit Association of University Research Parks.
People
Charles W. Steger, President of Virginia Tech. has been elected chairman of Virginia's Center for Innovative Technology. Paula S. Gulak, Founding Partner of SyCom Technologies, is the new Vice Chairman.
NSF Survey Documents Drop in S&E Doctoral Degrees
Since reaching a high point of almost 27,300 in 1998, the number of science and engineering (S&E) doctorates has dropped by 7 percent to just over 25,500 in 2001, reports a 2001 nationwide survey conducted for the National Science Foundation (NSF). The decline since 1998 has led to a rollback of total Ph.D.s to pre-1994 levels, the report states.
NSF Announces New Round of Funding for PFI Program
The National Science Foundation (NSF) plans to fund $9 million in new FY 2003 awards under the Partnerships for Innovation (PFI) Program, according to the program solicitation's recent release. To promote PFI, NSF will sponsor 15-25 partnerships among academe, government and the private sector that explore new approaches to innovation.
The purpose of the program, as defined in the PFI solicitation, is threefold:
New Govs Usher in New S&T Personnel
SSTI continues a series begun in last week's Digest, highlighting key economic development and science & technology positions being filled by some of the nation's 24 new governors. Many of these individuals are expected to help set the state's tech-based economic development agenda and determine budget cuts, reorganization plans or program eliminations.
NSF Announces $30M Program in "Cyber Trust"
The risks of identity theft, e-mail viruses, denial-of-service attacks, system glitches and other online hazards can make the average person's reliance on computer systems more of a leap of faith than a bond of trust. To promote research into more dependable, accountable and secure computer and network systems, the National Science Foundation (NSF) has issued a solicitation for the Cyber Trust program, which expects to fund up to $30 million in awards.
CIT Initiative Addresses Capital "GAP" for Early-stage Tech Companies
Virginia's Center for Innovative Technology (CIT) announced on Monday a new investment initiative to help close the capital gap for the state's early-stage technology businesses. CIT, a state-chartered nonprofit corporation, will launch the Growth Acceleration Program (GAP) on Dec. 15, 2003, to address the funding void created by a recent shortfall of angel capital.
People
Virginia's Institute for Defense and Homeland Security recently named Henry Connors Jr. as its business development director.
DOL Announces WIRED Awards
The U.S. Department of Labor (DOL) recently announced the 13 recipients for one of the most anticipated new federal workforce programs to be launched in several years. The $195 million Workforce Innovation in Regional Economic Development (WIRED) program attempts to integrate human capital issues of talent and skill development into larger technology-based economic development strategies.
Useful Stats: 2002 S&E Doctorate Awards by State
The National Science Foundation (NSF) has released a statistical report on Science and Engineering Doctorate Awards: 2002. The data show trends in science and engineering (S&E) doctorate awards by S&E field and recipient characteristics, institutions awarding doctorates, and postgraduation plans of recipients.