Funding for Economic Clusters Among Utah Governor's Proposals
Building on the state's seven economic clusters identified to grow the economy through targeted investments in emerging industries, Gov. Gary Herbert is asking lawmakers to provide $500,000 in FY12 to plan and identify for additional projects. The Utah Cluster Acceleration Partnership (UCAP) is a collaboration of leaders from industry, state government, higher education, and workforce charged with developing strategies to develop industry-driven education and training services, leverage resources from higher education to accelerate industry clusters, and identify best practices.
Jobs Tax Credit Generates $72 Million Fund for CT Firms
Connecticut has certified its first fund manager under the state's revised Insurance Reinvestment Tax Credit program, which has now expanded beyond its focus on insurance-related companies to support early stage and high-tech firms. Advantage Capital Partners has raised $72 million to invest under the revamped program. Fund managers may invest in any Connecticut-based business. One quarter of the investments must support green technology firms, and three percent must go toward pre-seed stage projects.
Biomedical Initiatives Face Cuts As Governors Seek to Erase Deficits
Governors across the nation are trying to find ways to prevent their state finances from falling further in the red as revenues continue to fall while costs for Medicare and unemployment remain high. Deficit-reduction plans announced in two states seek to delay payments and cut funding to biomedical research initiatives that were established to expand the states’ research capacity and generate wealth.
Connecticut
People
Envision Utah appointed Alan Matheson as executive director of the Coalition for Utah's Future, the sponsor of Envision Utah.
People
Frank Dinucci announced he will step down in April 2007 as president of Connecticut Innovations.
People
Peter Scott was named the director of Kettering University's new Fuel Cell and Advanced Technology Incubator.
People
The Maryland Technology Development Corp. has appointed Renée Winsky as its new executive director.
SSTI Welcomes Newest Members; Alaska Brings State Tally to 47
It's no wonder SSTI's Annual Conference presents such a broad range of perspectives and approaches to TBED each year, when our organization draws in active membership from organizations from all across the continent! For example, with the involvement of the Alaska Manufacturing Extension Partnership, SSTI now has active members in 47 states, the District of Columbia, and Canada.
People
Chris Roybal announced he is stepping down as senior economic development advisor of the Utah Governor's Office to become president and chief operating officer of the Northwest Research Corp., effective Feb. 2.
People
Connecticut Innovations has named John Mengacci interim president while it conducts a broad search to fill the position permanently.
People
Richard Nelson has been appointed chairman and CEO of the Council of Regional Information Technology Associations.
TBED People
Gov. Jodi Rell nominated Joan McDonald to succeed James Abromaitis as Connecticut's commissioner of economic and community development. McDonald had been a senior vice president with the New York City Economic Development Corp.
People
The following were named recipients of the 2005 National Medal of Technology:
Legislative Updates: Connecticut, New Hampshire, Ohio
In keeping with the July 1 fiscal year deadlines, several states passed their budgets last month. The following states passed budgets that include funding for alternative energy, R&D tax credits, and science, technology, engineering and math (STEM) initiatives.
Connecticut
People & TBED Organizations
Utah Gov. Jon Huntsman has named Dr. Ragula Bhaskar chairman of the Governor's Office of Economic Development (GOED) Board. In addition, GOED has appointed Tamara Goetz as the state's new science advisor.
People & TBED Organizations
Elaine Pullen resigned as chairman of Connecticut Innovations to focus on her consulting business.
People
John Mengacci, CEO of Connecticut Innovations, announced his resignation.
People
Peter Longo was appointed president and executive director of Connecticut Innovations. Longo previously served as the organization's deputy director and acting executive director.
People
Hamid Ghandehari and Marc Porter, two prominent scientists in the field of nanotechnology, recently were hired by the University of Utah as part of the state's new Utah Science Technology and Research initiative. Ghandehari comes from the University of Maryland, while Porter comes from Arizona State University.
Tech Talkin’ Govs, Part IV
This is the fourth installment of SSTI’s look at the Inaugural, Budget and State of the State Addresses delivered in the past week. Earlier installments, published Jan. 29, Jan. 15 and Jan. 8, are available through: http://www.ssti.org/Digest/2007/headlines07.htm
Selected excerpts of the most recent batch of speeches are provided below:
Connecticut
Stem Cell Research Update: A State-by-State Analysis
While the topic of embryonic stem cell research has been at the forefront of S&T policy since 2001, attention has shifted to the states in the last six months. Last fall, California voters overwhelmingly approved a $3 billion bond issue to support embryonic stem cell research over the next decade.
SSTI Editorial: States Respond to Call for Innovation
Last week's Digest reported on three reports that have been issued recently raising concerns about America's standing in the world in encouraging innovation. Each of the reports suggested stronger action on the part of the public and the private sector to ensure the U.S. will remain competitive.
People
Victor Budnick, executive director of Connecticut Innovations, has announced his retirement effective April 1.
People
Ladd Christensen and Martin Frey are the new co-directors of the Utah Department of Community and Economic Development.
People
Chandler Howard, co-president of Bank of America, is leaving to become president and CEO of Connecticut Innovations.