Tech-based ED RoundUp: New Beginnings
The economic downturn and continuing state and local fiscal problems are not stopping most efforts to develop tech-based economies. Here are a few examples of recent groundbreakings from around the country.
People
Tracy Taylor has been named to serve as CEO for the Kansas Technology Enterprise Corp (KTEC). Taylor fills the position vacated by Rich Bendis.
Incubators in the News
During the last eight weeks, communities across the U.S. have witnessed the rise or fall of small business incubators. Here are some of the developments:
Kansas, Inc. Charts Ambitious Future for Kansas
Kansas, Inc., a nonpartisan public-private organization, recently released the findings and recommendations of its team of economic development consultants and more than 1,100 Kansans as a comprehensive update to Kansas' economic development strategic plan.
People
SSTI is sad to report the October death of Gloria Timmer, executive director of the National Association of State Budget Officers (NASBO). Ms. Timmer was very helpful to SSTI on several projects in her capacity at NASBO and previously as the Kansas state budget director.
People
Kansas Technology Enterprise Corp. named Trish Costello as its newest Entrepreneur in Residence.
State & Local Tech-based ED RoundUp
Albuquerque, New Mexico
Tenants of the Sante Fe Business Incubator have seen their one-story building increase from 10,000 sq. ft. to 30,000 sq. ft., according to a story by the Albuquerque Journal. The expansion is part of a $2.5 million project funded by the federal Economic Development Administration (EDA), the Regional Development Corporation and other agencies.
The Economic Impact of Research Parks: An Arizona Example
Generating $48.7 million in tax revenues to local and state governments and 5,949 direct jobs, the 31 tenants of the University of Arizona Science & Technology Park had an estimated direct impact in excess of $1 billion in FY 2000-01, according to a new report from the university's Office of Economic Development.
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Matthew McClorey is the new president and COO for Kansas Innovation Corp., beginning June 3. McClorey currently serves as the vice president of business development and portfolio management for the Kansas Technology Enterprise Corp (KTEC).
Kansas Releases New Technology Cluster Assessment and Strategic Plan
Using a new, proprietary methodology, the Kansas Technology Enterprise Corporation (KTEC) has conducted a cluster assessment, determining KTEC should focus its commercialization efforts on those specific technology areas where opportunity is high and where the elements are in place to delivery those benefits to the state’s economy.
People
The board of directors of Mid-America Manufacturing Technology Center (MAMTC) has appointed Lavon Winkler as its new president and CEO.
People
Garza Fernandez, president of the Southern Arizona Industry and Aerospace Alliance, announced her resignation to devote more time to the Technology Development and Research Institute.
TBED People
The Greater Flagstaff Economic Council has announced Lewis Humphreys is its new vice president. Humphreys was with the Greater Tucson Economic Council.
Recent Reports: MCG Report Reveals Increase in Number of Small Businesses in Arizona
Of Arizona's 664,454 businesses, 98 percent qualify as small businesses with fewer than 100 employees, according to a study released by the Arizona Department of Commerce and the Arizona State University's Center for the Advancement of Small Business. The study was conducted by the Masters Consulting Group (MCG), an MBA student organization at ASU's College of Business.
People
Matthew McClorey is the new president and chief executive officer of Kansas Innovation Corp. McClorey formerly served as vice president for business development & portfolio management at KTEC, a position now filled by Michael Peck.
Eaton Corporation Donates Patent Portfolio
The Mid-America Commercialization Corporation (Manhattan, Kansas) announced that the Eaton Corporation is donating a substantial portfolio of patented technologies for the benefit of the corporation and Kansas State University.
Position Available
A Wichita, Kansas-based venture capital firm seeks a broadly qualified leader to commercialize technology, develop start-up businesses, manage pre-seed and seed capital funds, and raise capital. Resumes with a personal statement of interest and five professional references to Mary Breakstone at the Kansas Technology Enterprise Corporation (KTEC). The full position description is available on the SSTI home page at www.ssti.org
KANSAS INNOVATION INDEX ASSESSES STATE’S COMPETITIVENESS
The Kansas Technology Enterprise Corporation (KTEC) has released the Kansas Innovation Index 1999. The major finding of the report is that "Kansas has a realistic opportunity to create a competitive advantage for economic growth and high wage industries by supporting its emerging innovation economy."
Kansas Commercialization Centers to Help Companies with Equipment Needs
The Kansas Technology Enterprise Corporation (KTEC) has initiated a program to help technology-based start-up companies locate and obtain equipment needed for their operations.
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William Harris is the new president and CEO of Science Foundation Arizona, a recently formed nonprofit organization.
Arizona New Economy Partnership Formed
Arizona Governor Jane Dee Hull has announced the formation of the Arizona Partnership for the New Economy, a 35-member steering committee appointed to purse the following goals:
People
Jack Haenichen has been promoted to Deputy Director for the Arizona Department of Commerce.