Business community advocacy for public investments in technology-based economic development (TBED) may make the difference between legislators appropriating programs $1 million or $100 million.

Last week, the National Science Foundation (NSF) announced that the Arkansas Science & Technology Authority (ASTA) would receive $9 million through the Experimental Program to Stimulate Competitive Research (EPSCoR) to enhance the state's research capabilities. The new funds will be used to support a broad range of activities, from attracting world-class scholars to fostering entrepreneurship, in select technology areas.

 

South Carolina Research Authority president Larry Druffel has announced he will retire next year.

A recent study completed for Iowa calls for continued investment in the biosciences - a 10-year, $302 million plan - to grow the industry and to create new job opportunities for the state.

Arkansas Biotech Research Threatened With 20% Cut

The Fayetteville Economic Development Council named Steven Rust as its new executive director, beginning Aug. 15.

Joe James, director of the South Carolina Council on Competitiveness, has resigned his position with the S.C. Department of Commerce.

SSTI congratulates Tom Persons, president and CEO of the South Carolina Technology Alliance, for receiving the Individual Achievement Award from the Greater Columbia Chamber of Commerce.

Gary Schneider is the new chairman of the Greater Columbia Chamber of Commerce (S.C.).

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.

South Carolina's three major research universities were awarded a total of $30 million this week to establish the state's first six centers of excellence, according to The State, a Columbia, S.C.-based newspaper.

A recent study by Iowa State University researcher David Swenson suggests the ISU Research Park's substantial and diverse economic activity bolsters Iowa's economy. Focusing on current tenants, Swenson's research shows that the park links directly to almost $88 million in total industrial output. Businesses that provide goods and services to park customers and employees are said to generate an additional $46.3 million in economic activity.

U.S. Senator Olympia Snow (R-Maine) recently introduced a bill to boost the flow of venture capital to small businesses by allowing tax-exempt entities, such as pension funds and university endowment funds, to invest in Small Business Investment Companies (SBIC) without incurring unrelated business taxable income.

The South Carolina Women's Business Center has opened its doors and already has 30 customers, the South Carolina Manufacturing Extension Partnership (SCMEP) recently announced. Headquartered in Columbia, S.C., the Women's Business Center will focus on serving only manufacturing facilities in 2003 but will add services to other types of businesses in 2004.

Governor Tom Vilsack has announced a plan to invest $50 million into the creation of a life sciences initiative to help establish Iowa as a leader in the life sciences. Developed with the Regents Universities, Iowa Business Council and leaders in Iowa's biotechnology industry, the biotech plan's success hinges on a three-part strategy:

The South Carolina Technology Alliance calls it the most significant victory for South Carolina's research universities and tech entrepreneurs in the last 50 years. An idle exaggeration? Probably not.

In last week's Tech Talkin' Govs II article, we inadvertently listed Mark Warner as the Governor of South Carolina. Gov. Warner leads the Commonwealth of Virginia. Mark Sanford is Governor of South Carolina. SSTI regrets the error.

The new position of vice president of research and health services at the University of South Carolina will be filled by Harris Pastides.

Arkansas Tech Council in Formative Stages

Holmes Foster, chairman of the Iowa Values Fund, has announced his resignation.

Joseph James is the new chief operating officer for the South Carolina Department of Commerce.

Package Isn't All Governor Expected; Veto Possible

San Pablo, CA, College to Use $2.1M EDA Grant to Build Biotech Incubator