$50 Million Research & Technology Fund Underway In Indiana
Last week, Indiana Governor Frank O'Bannon named the Board of Directors to oversee the design and administration of the new 21st Century Research & Technology Fund. By law, the Lieutenant Governor serves as chairman for the board.
Challenges of the New Economy Focus of SSTI’s 3rd Annual Conference
The State Science and Technology Institute’s (SSTI) third annual conference will focus on how to meet the challenge of the New Economy through science and technology programs.
The conference will focus on some of the largest issues facing policy makers and practitioners, including:
Surveys Find Venture Capital Financing Increased in 1996
Two recent reports indicate the amount of venture capital financing increased in 1996, although the two reports differ on the amount of financing and the most active investors. Both surveys agreed that California and Massachusetts were the lead states in attracting venture capital.
Tackling the Digital Divide. . . and S&T Worker Preparedness
The National Academy Foundation, a New York-based nonprofit organization, and President Clinton have announced the selection of 12 public high schools to pilot the Academy of Information Technology program. The program is intended to prepare predominantly at-risk high school students for careers in information technology fields. The program will provide a ninth-through-twelfth-grade curriculum with opportunities to partner with community colleges, universities, and businesses.
California Governor Names S&T Chief
California Governor Gray Davis has appointed Joseph A. Raguso as Deputy Secretary for Strategic Technology for the Trade and Commerce Agency. Mr. Raguso currently serves as President and CEO for the San Diego Regional Technology Alliance (SDRTA), a position he has held since 1997. Mr. Raguso will begin serving in his new capacity on January 31.
Two Looks at Improving Cross-Border Collaboration
Regardless of their potentially arbitrary nature, the political lines separating jurisdictions can wreak havoc on a region's ability to support innovation. Whether it's a boundary between two communities, two states or two countries, these imaginary lines define real rules of commerce (e.g. by the taxes levied, property values, etc.) as well as intangible concerns and perceptions.
California Manufacturing Technology Center Seeks Applicants
The California Manufacturing Technology Center has begun a search process for qualified applicants to fill a number of economic development-oriented engineering positions. The CMTC seeks applicants with over eight years of hands-on manufacturing experience to: define and develop proposals, present to potential clients, perform and manage projects, and build a network of consultants.
Position Available at NASA (USC)
Director, NASA Far West Regional Technology Transfer Center (FWRTTC), School of Engineering, University of Southern California
The mission of FWRTTC is to play a leading role in the commercialization of NASA technology, with the primary focus on technology developed in the three NASA field centers in its region; Ames Research Center, Jet Propulsion Laboratory, and Dryden Flight Research Center.
Three Cities Receive NSF Urban Systemic Initiative Awards
Milwaukee, St. Louis, and San Diego were named to receive a National Science Foundation (NSF) grant for developing system-wide reforms in K-12 science, mathematics, and technology education. The awards are part of NSF's Urban Systemic Initiative. The initiative supports science, math, and technology education reform in cities with the largest number of school-aged children living in poverty.
Indiana Outlines Objectives to Raise Per Capita Income by 2020
Just over a year since its creation, the Indiana Economic Development Corporation (IEDC) has released a strategic plan calling for the state to potentially increase its support for several new tech-based economic development initiatives. IEDC's Accelerating Growth: Indiana's Strategic Development Plan outlines nearly two dozen action items along three themes: innovation, talent and investment.
Recent Research: Eminent Scholars and Economic Development
[Editor’s Note: The following discussion regarding the research’s relevance to state and regional TBED policy is SSTI’s. It will not be found in the working paper, nor do we mean to suggest these conclusions were drawn by professors Zucker and Darby.]
Demand Exceeding Supply of Info Tech Workers
Job growth in information technology (IT) now exceeds the production of talent, according to a U.S. Department of Commerce's Office of Technology Policy (OTP) study, America's New Deficit: The Shortage of Information Technology Workers. A recent survey of mid- and large-size U.S. companies by the Information Technology Association of American (ITAA) concluded that there are about 190,000 unfilled IT jobs in the U.S. today due to a shortage of qualified workers.
Stem Cell Research Update: Legal Woes, New Legislation Within States
As competition for leadership in stem cell research heats up across the nation, legal battles and the introduction of new legislation are becoming commonplace among many states. Following is a round-up of recent news on stem cell research legalities and legislation in several states.
People & Organizations
The Purdue Center for Regional Development has appointed Ed Morrison to the position of economic policy advisor.
Indiana Pension Fund Allocates $100M to VC
With assets totalling more than $15 billion, the Indiana Public Employees Retirement Fund (PERF) has decided to place $100 million into higher-risk equity placements through its first Indiana Investment Fund. The fund will exclusively target venture capital deals within Indiana, according to the PERF news release. Like pension funds in many states, PERF has a requirement to place a certain percentage of its assets in private equity. The PERF goal is 5 percent and includes real estate deals as well.
NASA SELECTS THREE NEW BUSINESS INCUBATORS
NASA announced the award of cooperative agreements to establish new technology business incubators at three NASA Centers: the Goddard Space Flight Center (MD), the Langley Research Center (VA), and the Jet Propulsion Laboratory (JPL), combined with the Dryden Flight Research Center, (CA).
The Downside of S&T Success
The Sacramento Bee recently ran a story showing there is a downside for California being home of the Silicon Valley phenomenon: 20 percent of the 6,600 computer and telecommunications positions within the California state government are vacant. Some local governments are reporting even higher vacancy rates.
S&T Programs Funded through Tobacco Settlements
Earlier this year, Michigan initiated plans to spend $1 billion over the next 20 years for life sciences research, development, and commercialization. With this commitment, Michigan became the first state to use its tobacco settlement funds to bolster technology-based economic development programs.
Other states and localities are considering using their share of the tobacco settlement funds for science and technology programs as well.
SF: Addressing the Digital Divide on the Metro Level
Organizations in the San Francisco Bay Area will spend more than $20 million this year to bridge the digital divide, according to Who's Funding the Digital Connect?, a report released this month by the San Francisco Foundation. More than 54 organizations will provide computer access and/or training to more than 75,000 low income and underserved individuals in one of the most technology-savvy regions in the country, according to the study.
Job Corner: Griffin Analytical Technologies Seeks Proposal Coordinator
Griffin Analytical Technologies, a producer of premium chemical detection systems, is seeking a proposal coordinator to generate research proposals in response to federal and state funding solicitations. Griffin serves U.S. Departments of Defense and Homeland Security applications, environmental health and safety monitoring, and research and teaching laboratories.
People
Purdue University has hired Mark Smith as its new Workforce Innovations in Regional Economic Development project administrator.
Job Corner: Griffin Seeks Director of Laboratory Operations and Applications Development
Griffin Analytical Technologies, LLC, a producer of premium chemical detection systems, is seeking a director of laboratory operations and applications development. Griffin serves U.S. Departments of Defense and Homeland Security applications, environmental health and safety monitoring, and research and teaching laboratories. The director will manage the workflow of Griffins labs, manage a staff of five, support research programs, and support sales and marketing efforts. A Ph.D. degree is preferred.
People
Indiana Economic Development Corp. President Mickey Maurer will resign at the end of 2006, fulfilling his pledge to Gov. Mitch Daniels to serve two years.
Milken Finds California, U.S. Lead Biotech Transfer
Separate MERIT Study of European Tech Transfer Contradicts Some Conclusions
San Francisco's After-School Science Workshops Expanding Nationwide
Community Science Workshops (CSW) are spreading nationwide, due to a second $3 million grant from the National Science Foundation (NSF) that will enable San Francisco State University (SFSU) and its partners to create CSWs across the U.S.