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.
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:
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Joel Bauman, Senior Policy Analyst with the Southern Technology Council, is leaving to attend the University of Texas - Austin. Joel has been a great resource for SSTI over the past few years and we wish him success in business school
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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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.
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William Harris is the new president and CEO of Science Foundation Arizona, a recently formed nonprofit organization.
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The University of Texas at El Paso hired Tony Woo as the assistant vice provost for research and technology transfer.
Texas Passes R&D Tax Credit
On October 1, Texas will begin offering a tax credit for business research and development expenditures. The new law, Texas Senate Bill 441, provides Texas corporations with a franchise tax credit equal to five percent of eligible R&D expenses for up to 50 percent of a company’s total franchise tax liability. Unused portions may be carried forward for up to 20 years.
Texas Creates S&T Council
Last month, Governor George W. Bush issued an Executive Order that created the Texas Science and Technology Council. The mission of the 21 member board is to "research, develop, and report to the Governor the means available to the State of Texas to become the national leader in science and technology cooperation, development, and research."
Job Corner: Rice Seeks Baker Institute Fellow
Rice University invites applications for a Baker Institute Fellow (postdoctoral researcher) to lead a new and potentially long-term project sponsored by the Baker Institute of Public Policy, the Computer and Information Technology Institute, and the Fondren Library.
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:
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Jack Haenichen has been promoted to Deputy Director for the Arizona Department of Commerce.
Measuring Creativity in Phoenix
While the Phoenix Metropolitan Statistical Area (MSA) has the recipe for a creative economy - people in creative occupations, industries with a creative workforce, and an environment that supports creativity - it falls short of the national average in more than 75 percent of all creative occupational categories, a new study by the Maricopa Partnership for Arts and Culture (MPAC) finds.
Arizona Approves $35M Tech Fund; Strong Public Support for S&T
Making the single largest TBED related investment in its history, the Arizona legislature approved and Gov. Janet Napolitano signed the state's FY 2006-07 budget, which includes $35 million for the new Arizona 21st Century Competitive Initiative Fund. HB 2477 is the successor in concept to the Innovation Arizona fund proposed by Gov.
Texas Unveils Science & Technology Strategic Plan
Texas' Science and Technology Council recently released a science and technology strategic plan. The Council's vision is to make Texas the nation's leader in science and technology in the 21st century. The plan's premise is that technology is the economic force driving much of the state's current wealth and job creation. The report develops a series of recommendations with the intent of developing the research capacity and human resources Texas will need to ensure economic prosperity in the next century.
Tech-Talkin’ Governors II: The State of the State and Budget Addresses
Editor's Note: We continue our look at the priority Governors are placing on tech-based economic development and math & science education with highlights from recent speeches and budget proposals. Based on this week's announcements, it appears 2001 appears will be a third strong growth year for state and local tech-based economic development activities.
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Science Foundation Arizona, a new nonprofit organization, has named Bill Harris as its director.
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The Greater Phoenix Economic Council recently hired Jim Hudson as vice president of strategy.
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Marie Wesselhoft was appointed interim director for the Arizona Center for Innovation, replacing Jim Fountain who is retiring this month.