Funding for higher education initiatives fell victim to Ohio's budget woes as legislators worked to fill a projected $3.2 billion deficit. The enacted budget signed into law earlier this month by Gov. Ted Strickland cuts spending by $2.5 billion and leverages $5 billion in federal stimulus funds, according to the governor's office.

Rebecca Bagley, who left her position as deputy secretary for the Technology Investment Office within the Pennsylvania Department of Community and Economic Development, was appointed president-elect of NorTech. Bagley will succeed Dorothy Baunach, the founding staff director of NorTech, as president and chief executive officer. Baunach will become president emeritus, serving as an adviser until December 2010.

Chris Atkinson is the new director of West Virginia University's Center for Alternative Fuels, Engines, and Emissions (CAFEE).

SSTI's interview with Peggy Shults of the James and Esther King Biomedical Research program, 2009 recipient of the Excellence in TBED Award in the category Expanding the Research Infrastructure, provides an honest, in-depth account of best practices and lessons learned that earned this program national recognition. Click here to listen to the interview and learn more about the program.

2010 could be your organization's year to capture national recognition for excellence in technology-based economic development. SSTI will solicit nominations for the 2010 Excellence in TBED Awards beginning April 6 with an open call for applications. Awards are presented to organizations demonstrating successful local, state and regional efforts across six categories. For more information and a list of previous winners, please visit: http://www.ssti.org/Awards/index.shtml

Now is the time to highlight your organization's impact and gain high-profile exposure as a recipient of SSTI's national award for excellence in technology-based economic development (TBED).

Recipients of this coveted award are showcased as best practices throughout the TBED community and promoted for their exceptional achievements in approaches to building tech-based economies and demonstration of outstanding results.

SSTI invites applications for the 2010 Excellence in TBED Awards in the following categories:

SSTI, a growing nonprofit organization serving the nation's tech-based economic development (TBED) community, seeks an entry-level policy analyst to research and prepare reports, articles and papers on TBED and assist with SSTI events. Excellent research abilities, strong writing and verbal skills and solid understanding of government are required. Candidates must have the ability to work independently or as part of a committed team and be dedicated to creating a quality product.

Bryan Allinson has joined Ohio University as director of technology transfer.

The TechColumbus TechStart Program supports and develops viable entrepreneurial companies from their earliest phase through their launch as significant economic contributors. SSTI's exclusive interview with Will Indest of TechColumbus digs deeper into the mechanics of the program to find out how the organization's impressive pipeline for entrepreneurs has led to the creation of high-wage jobs throughout the region. Download the interview ...

On Tuesday, voters approved a four-year, $700 million bond to extend funding for the Ohio Third Frontier initiative through 2016. Established in 2002, the initiative offers programs for emerging and established high-tech companies, including grants for pre-seed funding, research initiatives, product development and commercialization.  Read more about the program ...

Florida lawmakers last week approved SB 1752, a package of economic development incentives for industry sectors, including aerospace and small business, to promote immediate job creation and long-term economic growth. Funding for research commercialization matching grants and space industry business development are among the new incentives.

CEOs and directors of some of the nation's most successful TBED organizations agree... SSTI's Excellence in TBED Award is great way to distinguish your initiative as a best practice and inform key stakeholders of your success. In today's economic climate, we know the importance of effectively communicating the value of your program, and having national recognition to back it up can give you a competitive edge. SSTI now is accepting applications for the 2010 Excellence in TBED Awards, and we want to hear your story. Deadline to apply is June 1.

Having the tools and resources to develop innovative concepts and products and move discoveries from the lab to the marketplace is an essential component for building tech-based economies. Research parks, a place where innovative ideas are borne, partnerships between university and industry are created, and companies grow and create new jobs, provide a foundation for the kind of economic growth necessary to compete in a global economy. Over the past few months, development plans and groundbreaking announcements from research parks across the nation have been made.

A nationally recognized nonprofit organization creating economic transformation in Northeast Ohio, JumpStart Inc. provides resources to entrepreneurs leading high potential, early-stage companies. JumpStart CEO Ray Leach discusses how the organization has successfully partnered with regional organizations and philanthropic institutions to achieve its tremendous success. Download the interview ...

 JumpStart Inc. invites applications for the position of president, JumpStart Advisors. This is an exciting opportunity for a business leader who has significant experience in providing direct consulting services, as well as managing multiple consulting project teams, and would like to lead a nationally significant effort that has the promise to transform the way regions think about their innovation and entrepreneurial ecosystems.

Florida's FY11 budget, signed into law last month by Gov. Charlie Crist, replenishes the Innovation Incentive Fund with $75 million. The recruitment fund was immediately tapped by lawmakers for $50 million toward enticing Maine's Jackson Laboratory to open a branch in Collier County, leaving $25 million for other major R&D projects and create high wage jobs throughout Florida. The state has promised the Jackson Lab project an additional $80 million over the next three years if developed.

Sponsorship opportunities are designed to help your organization build awareness and develop beneficial relationships with the nation's top state and regional tech-based economic development decisionmakers.

Andre Pettigrew, the director of the Denver Office of Economic Development, will become the first executive director of Climate Prosperity Inc., a Washington, D.C., climate-change think tank. LaCharles Keesee, the city's deputy chief financial officer, will assume an interim role as head of the city's economic development department until a final replacement is named.

Maine Governor Paul LePage named Phillip Congdon as the new commissioner of the Department of Economic and Community Development. Cogndon is a licensed professional engineer who spent more than 20 years with Texas Instruments in Dallas. He replaces Acting Commissioner Thaxter Trafton.

With support from the Greater Cleveland Partnership, NorTech (the Northeast Ohio Technology Coalition) is accepting applications for the two positions below:

Alabama then-Governor-elect Robert Bentley on January 3 named former House Speaker Seth Hammett as director of the Alabama Development Office, replacing Interim Director Linda Swann. He also appointed the president of the Birmingham-based Economic Development Partnership of Alabama, Bill Taylor, to lead efforts to grow and retain existing Alabama industries, while at the same time recruiting new businesses to the state.

Hosted by TechColumbus, SSTI's 15th Annual Conference will be held at the Hyatt on Capital Square in Columbus, Ohio on November 8-9, 2011. Past attendees know SSTI's conference is the premier event for sharing ideas on the best ways to encourage technology-based economic development and foster regional prosperity in a global economy. And 2011 will be no exception.

Facing massive government deficits and stagnant regional economies, many states are exploring new options for their economic development activities. Three states recently have taken steps towards eliminating their primary economic development agencies, and replacing them with public-private partnerships, intended to reduce state spending and improve the responsiveness of state efforts.