In an effort to streamline economic development strategies and market the state as a globally competitive place to pursue new business ventures, Arizona Gov. Janet Napolitano recently announced the creation of a new model for economic development last month.

 

Listen or read the business news media and the dreaded “R” word, recession, is back in common parlance. State revenue cycles seem to feel it first. Already, with more than a dozen states projecting budget deficits for both current and coming fiscal years, it seems certain: Spending cuts in programs and services and/or tax increases are imminent. The nationwide housing market slump, the rising cost of energy and health care, and increased state spending are cited as a just a few of the reasons for shortfalls in state budgets.

The first conference mailer went to the post office yesterday, but we're too excited to delay announcing that the website for SSTI's 9th Annual Conference is now available to accept registrations and provide preliminary information for the tech-based economic development (TBED) community's premier professional development event of the year. The conference will be held on Oct.

Arizona must begin viewing medical and educational institutions as a major economic driver of the state economy in order to become a leader in the biosciences industry, according to a new report from the Arizona Board of Regents.

Two Southern Arizona tech councils, theInformation Technology Association of Southern Arizona and the Southern Arizona Industry and Aerospace Alliance, decided to merge to have the combined financial resources for a full-time executive director, according to the March 23 edition of the Tucson Citizen.

The Georgia Department of Economic Development announced William Boone is the first director for the new Agricultural Center of Innovation.

Gov. Sonny Perdue recently announced the creation of the state's fourth Center of Innovation. Located in Augusta, the Life Sciences Innovation Center (LSIC) will assist with business incubation and securing matching grants for applied R&D with industry partners through the Georgia Research Alliance.

When it comes to managing a portfolio of programs, do you know what really works to ensure they will have the most impact for building a tech-based economy? "Maximizing Impact: Evaluating Science and Technology Programs," one of four full-day pre-conference workshops to be held at SSTI's 9th Annual conference on Oct. 19-21, 2005, strives to answer the question.

Arizona State University professor James Collins is the new assistant director for biological sciences at the National Science Foundation.

SSTI is pleased to give regular Digest readers the first peek at a PDF version of the brochure for SSTI's 9th annual conference, Investing in a Brighter Future: Building Tech-based Economies, to be held in Atlanta on October 19-21, 2005.

The new chairman for the Georgia Medical Center Authority is former State Senator Randy Hall.

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.

President and CEO of the Arizona Technology Council, Todd Bankofier, is resigning his position on Aug. 26 to become vice president and general manager for Ensynch Inc., a Tempe-based information technology services and solutions consulting company.

Terry Blum, dean of Georgia Tech's College of Management, will resign her position on June 30, 2006.

SSTI's annual conference is already considered by many to be the nation's premier educational and networking experience for the tech-based economic development community. However, the ninth annual conference to be held October 20-21, 2005 - keeping with years past - gives certified economic development professionals even more reason to attend.

Elyse Golob is the new director of the University of Arizona Office of Economic and Policy Analysis. Beginning July 1, Leslie Tolbert will be the university's vice president for research, graduate studies and economic development, replacing Richard Powell upon his June 30 retirement.

Arizona's investment and technology communities are the anticipated winners from the state legislature's recent passage of a tax credit encouraging angel capital investments in start-up Arizona tech firms.