Delaware Creates Biotech Institute and Passes R&D Tax Credit
Delaware increased its commitment to technology businesses recently with two new initiatives: the creation of the Delaware Biotechnology Institute and the passage of a state research and development tax credit.
Delaware Biotechnology Institute
USIP Reports on State Best Practices Roundtable
The United States Innovation Partnership (USIP) reported on a recent roundtable discussion on the 21st Century Economy. The topic of the discussion was the role of states in science and technology. The roundtable highlighted "best practices" in technology-based economic development in five states (Oklahoma, Kansas, Indiana, Utah, and Pennsylvania).
People & Organizations
Bob Dayton was named president of the Delaware BioScience Association.
Two States Consider Paying Tech School Tuition
In what could be the beginning of a new trend in state economic development incentive/inducements, bills receiving bi-partisan support in the Michigan and Delaware state legislatures would address businesses= needs for more technically skilled workers by having the states pick up the students' tab for community college tuition and technical training.
BMT HIGHLIGHTS YEAR OF CHANGE
The 1998 annual report of the Indiana Business Modernization and Technology Corporation (BMT) addresses various changes encountered by the organization this year.
PEOPLE
Sue Rhoades, formerly of Delaware, has taken a new position with Pennsylvania's Ben Franklin Partnership as State Coordinator. She will be working with the four regional Ben Franklin Technology Centers on a variety of statewide collaborative and strategic initiatives. The Delaware Economic Development Office (DEDO) is seeking a Manager of Technology Programs to fill Sue’s position. The DEDO is the state agency responsible for economic development in Delaware.
Foundation Grants $60 M to Indiana Colleges to Boost State’s Tech Competitiveness
The Indianapolis-based Lilly Foundation is providing nearly $60 million in two grants to help make Indiana more competitive for technology research and education and high-tech business development. The grants were made to Indiana University and the Rose-Hulman Institute of Technology.
$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:
Tackling the Digital Divide. . . and S&T Worker Preparedness
Activities to address the digital divide and the S&T workforce shortage have increased recently. The following are a sampling of efforts underway to understand and address the growing inequalities in technology access and assimilation.
$1 M from AT&T to Support Tech Capacity at Historically Black Colleges
AT&T has made a $1 million grant to support the development of technological expertise in 13 institutions of higher education in Virginia, North Carolina, Delaware, Maryland and West Virginia.
The grant was made to the Virtual Institute for Technology Advancement in Education and Historically Black Colleges and Universities (VITAE- HBCU). The VITAE-HBCU program is a partnership to foster collaboration between Virginia Tech and the HBCUs.
Delaware Selects Three Centers
The State of Delaware has selected its first three Advanced Technology Centers (ATCs), public/private partnerships designed to bolster the state's technology base and to create and retain quality high-tech jobs. The centers will receive $2.31 million from the state's 21st Century Fund for their first year of operation and are eligible for two more years of state funding given satisfactory performance.
The centers selected are:
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.
Delaware Funds Two New Centers
The Delaware Economic Development Office recently announced the selection of two new Advanced Technology Centers (ATC). The Centers will focus on semiconductors and advanced optics.
The Centers are public/private partnerships designed to bolster Delaware's technology base and to create and retain quality high-tech jobs. The State of Delaware is investing $4 million over three years in these two Centers through grants from the 21st Century Fund.
National Governors' Association Has New Chairman
Ohio Governor George V. Voinovich, began his term as the National Governors' Association (NGA) Chairman at the association's annual meeting in Las Vegas this week. He succeeded Nevada Governor Bill Miller.
Governor Tom Carper, a Democrat from Delaware, has been chosen as the Association's Vice-Chairman. Governor Carper will become Chairman of NGA next summer when Governor Voinovich's term expires.
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.
SSTI Job Corner
Complete descriptions of the position openings described below are available at http://www.ssti.org/posting.htm.
PEOPLE IN THE NEWS
NGA Leadership --- At its 1998 Annual Meeting in Milwaukee, the National Governor’s Association (NGA) named its new leadership to steer the initiatives and agenda for the association.Delaware Governor THOMAS R. CARPER was named NGA’s chairman, and Utah Governor MICHAEL O. LEAVITT vice chairman. The positions are for a term of one year.
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.
State & Local Round Up
Indiana
The Indiana legislature approved a $50 million appropriation over the next biennium for Indiana's 21st Century Research and Technology Fund. The program supports the development and commercialization of advanced technology. Created in 1999 (see related 9/10/99 Digest story), the fund received $50 million in the 2000-2001 biennium.
People
Bruce Kidd is the first director of entrepreneurship for the Indiana Economic Development Corp.