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Andrea Lohneiss, community development director for Riverhead, N.Y., is leaving to become Suffolk County's commissioner of economic development.
People
Dr. Russell Bessette has been appointed to the Federal Homeland Security Science and Technology Committee. Dr. Bessette currently is the executive director of the New York Office of Science, Technology and Academic Research (NYSTAR).
People
BioFlorida named Diana Robinson as its new president.
Florida Budget Requests $60M for TBED Initiatives
The 2005 budget request submitted this week by Florida Governor Jeb Bush includes $20 million to establish two more Centers of Excellence at Florida universities.
Rochester Gains $15M VC Fund as Kodak Slashes Workforce
Nearly every region engaged in building a tech-based economy wants more access to seed and venture capital money. It's particularly useful when your largest employer announces it will lay off up to 23 percent of its workforce – as many as 5,000 people in your community and 15,000 across the globe – during the next three years.
Empire Zones Reform, High Tech Items Take Center Stage in New York
New York Governor George Pataki, in his 10th State of the State Address last week, outlined a variety of initiatives designed to further promote tech-based economic development (TBED) in the state. From refining the state's Empire Zones program and strengthening the manufacturing sector to making New York a leader in renewable energy and academic research, the governor's agenda is not short on TBED items.
Florida Enters Biotech Race with $510M Scripps Inducement
With a $310 million commitment passed by the state legislature and as much as $200 million in additional support from the county government, the California-based Scripps Research Institute has agreed to locate its first branch or satellite office in northwest Palm Beach County, Fla. In return for the financial support, Scripps is to work toward employing as many as 545 workers on the site by 2011.
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The Florida Venture Forum named Robin Kovaleski as the first executive director for the organization.
Recent VC Developments in the States…
The availability and use of equity capital for early-stage investments varies greatly across the country. Seen as an integral component of most tech-based economic development, access to venture capital (VC) is on the agendas of several states — but several different approaches are used to address the problem. Recent announcements in four states illustrate the point:
NYC Should Rethink its Economic Development Strategy, Study Says
A new study examining the post-Sept. 11 economy of New York argues the city's traditional approach to economic development, one which has banked on a few favored sectors such as financial and business services, is outdated and should be reconceived.
TBED Comings and Goings
Hempstead (New York) Mayor James Garner was elected to serve as the 61st president of the U.S. Conference of Mayors during its annual meeting this week.
Florida Selects Three Centers of Excellence
To help build the state's technology sectors, Governor Jeb Bush and the State Board of Education have selected Florida's first three Centers of Excellence. The Centers are designed to foster innovative, cutting-edge technology research at Florida’s colleges and universities, develop commercially viable applications for that research, and recruit high-tech industries and thinkers to the state.
The three projects are:
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Ed Linsenmeyer, with the Naval Surface Warfare Center, has been elected to serve as the Chair of the Federal Laboratories Consortium for Technology Transfer at the FLC's recent annual meeting. Larry Dickens, with the Oak Ridge National Laboratory, was elected Vice Chair.
People
Tom Wallace has stepped down as president of the Tampa Bay Technology Forum.
Florida Governor Requests $630M for TBED, Other ED
With state revenues posting a surplus, Florida Gov. Jeb Bush used his 2006-07 budget proposal to make his largest request yet to support efforts to diversify the state's economy through technology-based economic development (TBED). In total, the budget provides $630 million for several new research-focused initiatives, business recruitment funds, and other economic development programs.
New York Considering $200M for Biotech, Biomed
On Jan. 26, New York Gov. George Pataki and State Senate Majority Leader Joseph Bruno announced legislation to create a $200 million Biotechnology and Biomedicine Research Initiative through the New York State Charitable Assets Foundation.
People
Kathleen Wise is the new Director of Programs for the New York Office of Science, Technology and the Advancement of Research. She fills the position vacated this summer by Keith Servis.
People
Ray Gilley, president of Metro Orlando Economic Development Commission, has been appointed chairman of Workforce Florida.
People
Temi Bova is the new director of Union College's U-start technology business incubator in Schenectady, N.Y.
People
BioFlorida President Diana Robinson is leaving to join a private venture capital company once her replacement is selected.
NY Offers Grants To Recruit Retain Biotech Faculty
Earlier this week, New York Governor George E. Pataki and NY Senate Majority Leader Joseph L. Bruno unveiled a new funding program designed to recognize and support outstanding scientists and engineers who, early in their careers, show potential for leadership and scientific discovery in the field of biotechnology.
Upstate NY Coalition Promotes TBED
While Albany securing Sematech North has captured national attention in the TBED community for the past week, area leaders have been working for more than a year to forge a partnership toward regional technology-based economic development. That effort came to fruition in June when leaders of the Albany-Colonie Regional, Rensselaer County Regional and Schenectady County Chambers of Commerce announced the formation of the Tech Valley Chamber Coalition.
People
Lewis D. "Luke" Rich, a vice president and Western New York regional director for Empire State Development Corp., is taking early retirement at the end of the year.
People
Ellis Rubinstein, former editor of the magazine Science, has been appointed to serve as Chief Executive Officer of the New York Academy of Sciences.
People
Cian Robinson, executive director of Infotech Niagara, has left the position to consult privately.