2001 Texas Legislature Acts Favorably For Tech-Based ED
More than $800 million for science, engineering, research, and commercialization activities
When VC Inducements Pay Off
Encouraging local sources of capital is a common element of most tech-based economic development efforts. The broad strategies to accomplish this typically include forums, investor groups, tax credits, CAPCOs, and public seed capital to fuel fund development.
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Julia Wilson is the new Executive Director of the San Diego Telecom Council. She formerly was director of corporate and foundation relations for San Diego State University.
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Jim Aanstoos is the new economic development director for the city of San Marcos, Texas.
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Kevin Holmes returned to his alma mater, Santa Clara University, to join the Leavey School of Business as executive director of its Center for Innovation and Entrepreneurship (CIE).
Sacramento Region to Focus on Growing Clean Energy
A concentrated effort to support the Sacramento region's many green tech entrepreneurs could lead to Silicon Valley-style success in clean energy technology (CET), says a new report from the McClellan Technology Incubator and the Sacramento Area Regional Technology Alliance (SARTA).
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The San Antonio Technology Accelerator Initiative (SATAI) announced that James Poage is SATAI's new president and CEO. Poage replaces Randy Goldsmith, who continues as a director.
California Council for S&T Issues Caution on Expectations from Stem Cell Research
One of the latest big-ticket investments targeting stem cell research came from Ann Arbor last week as the University of Michigan committed $10.5 million of its internal resources to establish an interdisciplinary center for stem cell research. The announcement is one of dozens from around the country since California voters approved Proposition 71 in 2004, borrowing $3 billion over 10 years for stem cell research.
Semiconductor Industry Picks New York, California Sites for Nano Centers
In the Dec. 19, 2005 issue of the SSTI Weekly Digest, an editor's note highlighted the mega-investments several states are making to establish themselves as significant players in key research areas.
R&D Remains Concentrated in Few States, but Intensity Changes
The latest Issue Brief from the National Science Foundation (NSF) shows research and development (R&D) expenditures remain heavily concentrated in a few states. Ten states -- California, New York, Michigan, Massachusetts, New Jersey, Texas, Illinois, Pennsylvania, Washington, and Maryland -- account for nearly two-thirds of national R&D investments.
Ag-based Economic Development for the New Economy
Few economic sectors have experienced the combined economic, technological, social, biological, and – now with threats of mad cow and foot-and-mouth diseases – medical pressures that confront American agriculture. Adding the challenges of competing in the knowledge-based economy presents a formidable task for rural regions.
Additional California Funding Offered for Rural Telecom Efforts
Complementing California’s support for New Valley Connexion, described above, is the state’s $2 million Rural E-Commerce program. Administered by the Division of Science, Technology and Innovation within the California Technology, Trade & Commerce Agency, Rural E-Commerce provides grants to non-profit organizations, educational institutions, and local governments for innovative, community-driven solutions to the telecommunications challenges faced by rural residents.
Transferring University Technologies: Challenging Bayh-Dole
Does patenting encourage or speed the transfer of technology from universities? Does the prospect of receiving royalties and licensing fees increase motivation among university researchers to work with businesses to commercialize technology? A recent paper suggests the answers to both questions is "no," but that more empirical and statistical research is needed to determine whether or not increased emphasis on intellectual property rights is achieving the desired results.
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President Bush has nominated Los Angeles resident Hector Barretto to serve as Administrator of the Small Business Administration.
San Diego Examines the Digital Divide
Even tech hot spots like San Diego are finding they are not immune from the Digital Divide. In fact, a new report from the San Diego Regional Technology Alliance (SDRTA) finds that the region suffers a wider Internet access divide between Caucasians and Hispanics than the nation as a whole. With Hispanics representing 25 percent of the area’s population, the issue will have future economic repercussions in tech-based entrepreneurship and increasing shortages of workers with tech skills.
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Stefanie Sanford has joined Texas Governor Perry's office as Policy Director for Technology & Telecommunications
Texas Workforce Plan and Governor’s Budget Priorities In Sync
With his past efforts to strengthen the state’s position in the tech-based economy, new Texas Governor Rick Perry’s budget priorities — $251 million in new spending for college scholarships and math & science programs — should come as no surprise.
Milken Report Provides Suggestions for Better Biotech Funding
In a time of tightening budgets and funding shortfalls, many institutions are searching for innovative sources of capital to finance their investment needs. Financial Innovations for Accelerating Medical Solutions, a recent report from the Milken Institute, provides some insight on inventive ways to raise capital for the biotechnology industry.
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William Carney is the new president and CEO of the Inland Empire Economic Partnership, a private, nonprofit regional economic development organization in southern California. Carney replaces Paul Hiller, who left earlier this month to take a similar job in Boise, Idaho.
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Ramiro Cavazos is resigning as economic development director for the City of San Antonio to become director of research and economic development for the University of Texas Health Science Center, effective Nov. 3.
Renewable Energy Measure Approved in Washington, Fails in California
Two states had measures on the ballot to address energy conservation and encourage alternative energy production and technology. While Washington's measure passed, California's failed.
Texas Council Will Address State Competitiveness
Governor Urges Pension Fund to Invest in Emerging Tech Companies
Starting in January, a new advisory council within the Texas Governor’s Office will begin work on a long-term strategy to bolster the state’s economic competitiveness. The Competitiveness Council will be charged with designing an overall framework for cooperation between public and private organizations involved in economic development. Gov. Rick Perry will appoint the group’s members by the end of the year.
Gov. Schwarzenegger Uses Executive Order to Develop Broadband Policy
In late October, Gov. Arnold Schwarzenegger signed an executive order designed to stimulate the growth and utilization of broadband networks throughout the state of California. Some the major components of this initiative include:
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The Clovis, Calif.-based Central Valley Business Incubator selected Craig Scharton as its new chief executive, replacing outgoing chief executive Glenn Patch.
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Donald Siegel has accepted a position as professor of entrepreneurship and associate dean with the University of California at Riverside's A. Gary Anderson Graduate School of Management.