Georgia Tech’s ATDC Incubator Reaches $1B in Venture Funding
The Advanced Technology Development Center (ATDC) within the Georgia Institute of Technology announced its affiliated companies have received more than $1 billion in venture capital funding since 1999. Amassed from 160 separate deals, the amount represents 15 percent of the total venture capital in Georgia, about one out of its every five deals in the state.
SSTI Job Corner
Complete descriptions of the position openings described below are available at http://www.ssti.org/posting.htm.
People & TBED Organizations
The Georgia Department of Economic Development has promoted Carol Henderson to director of its Innovation and Technology Office.
People & TBED Organizations
Steve Lehmkuhle was named the first chancellor of the University of Minnesota-Rochester, effective Sept. 7. Lehmkuhle previously was the vice president for academic affairs at the University of Missouri.
Clusters Garner More Attention from NGA, Researchers
The National Governors Association (NGA) Center for Best Practices has selected seven states to participate in a year-long policy academy named State Strategies for Promoting Innovative Clusters and Regional Economies. Teams from the seven states – Georgia, Illinois, Iowa, Kentucky, Maryland, Oregon and West Virginia – will collaborate with staff from the NGA to create action plans for improving each state’s competitiveness and economy through cluster development.
People & TBED Organizations
Mark Allen was named the new senior vice provost for research and innovation at Georgia Tech. Allen replaces Charlie Liotta, who has returned to the school's faculty.
SSTI 2005 Conference Update
The first conference mailer went to the post office yesterday, but we're too excited to delay announcing that the website for SSTI's 9th Annual Conference is now available to accept registrations and provide preliminary information for the tech-based economic development (TBED) community's premier professional development event of the year. The conference will be held on Oct.
TBED Organizations & People Update
The Georgia Department of Economic Development announced William Boone is the first director for the new Agricultural Center of Innovation.
Minnesota Establishes New State SBIR/STTR Office
For 20 years, small tech firms and researchers in Minnesota called on Minnesota Project Innovation (MPI) for assistance in developing competitive proposals for the federal Small Business Innovation Research or Small Business Technology Transfer (SBIR/STTR) programs. On Feb. 28, the MPI Board of Directors voted to officially transfer program operations to the state Department of Employment and Economic Development (DEED).
Georgia's Fourth Innovation Center Focuses on Life Sciences
Gov. Sonny Perdue recently announced the creation of the state's fourth Center of Innovation. Located in Augusta, the Life Sciences Innovation Center (LSIC) will assist with business incubation and securing matching grants for applied R&D with industry partners through the Georgia Research Alliance.
Issue Brief Finds Mixed Responses On Effects of Global Business in Minnesota
While wider market opportunities have led to increased exporting and lower costs for business operations in some Minnesota companies, others are facing difficult operational challenges as a result of the rapid integration of global business practices, according to a new Issue Brief from the Minnesota Department of Employment and Economic Development (DEED) and Minnesota Technology, Inc.
"Maximizing Impact" Pre-conference Workshop Ideal for Advanced Practitioners
When it comes to managing a portfolio of programs, do you know what really works to ensure they will have the most impact for building a tech-based economy? "Maximizing Impact: Evaluating Science and Technology Programs," one of four full-day pre-conference workshops to be held at SSTI's 9th Annual conference on Oct. 19-21, 2005, strives to answer the question.
SSTI Releases 2005 Conference Agenda, PDF Brochure
SSTI is pleased to give regular Digest readers the first peek at a PDF version of the brochure for SSTI's 9th annual conference, Investing in a Brighter Future: Building Tech-based Economies, to be held in Atlanta on October 19-21, 2005.
People
The new chairman for the Georgia Medical Center Authority is former State Senator Randy Hall.
People
Terry Blum, dean of Georgia Tech's College of Management, will resign her position on June 30, 2006.
2005 SSTI Conference Offers Two IEDC/CEcD Credits with Tech Square Workshop
SSTI's annual conference is already considered by many to be the nation's premier educational and networking experience for the tech-based economic development community. However, the ninth annual conference to be held October 20-21, 2005 - keeping with years past - gives certified economic development professionals even more reason to attend.
SSTI's 9th Annual Conference: Avoiding the End-of-Summer Blues
Your kids may not be bored of summer yet, but if you're an avid bird watcher, you know the season has already changed to fall as Yellow Warblers and several species of shorebirds begin their migrations south by July 4.
Tech Talkin' Govs: Part III
TBED People and Orgs
Mark Lytle has been named the University System of Georgia's new vice chancellor for economic development.
Frederick Cartwright has been appointed the executive director of the Clemson University International Center for Automotive Research.
Southwestern Universities Reorganizing Their Economic Development, Technology Transfer Activities
Two universities, the University of New Mexico (Albuquerque, NM) and the University of Arizona (Tucson, AZ), are expanding or restructuring their economic development operations to improve commercialization of technology stemming from faculty research and the coordination and business development in their communities.
Georgia, Virginia Lawmakers Expand Investments in Research, Cybersecurity
As the 2013 legislative session draws to a close for several states, lawmakers approved measures to create new opportunities for economic growth or expand investments in programs demonstrating positive outcomes. Lawmakers in Georgia increased funding for established university-based research initiatives and set up a state-run venture capital fund to invest in innovative companies. In Virginia, a new cybersecurity accelerator will help propel technology and companies in an emerging sector.
Seattle, Atlanta Launch New Initiatives to Support Startups
New nonprofit initiatives have been re-defined in Seattle and Atlanta to support their cities' startup communities. Startup Seattle and Startup Atlanta will work to serve, support, and link the regional innovation systems and startup ventures in their respective cities. Both entities previously were developed by and for the local entrepreneurial communities to support new companies but are restructuring as independent organizations.
GA Colleges Detail Plans to Add 250,000 Post-Secondary Grads by 2020
Responding to Gov. Nathan Deal's Complete College Georgia initiative launched last year, all of the state's institutions in the University System and Technical College System have submitted plans for how they will meet the governor's goal of adding 250,000 post-secondary graduates to the state by 2020. For Georgia's research universities, graduating more students translates to more workers prepared to enter careers in science, technology, engineering and mathematics (STEM) fields.
Voters Reject Tax Increases, Back Bonds for Higher Ed
While election night's main focus was on the presidential race, the importance of ballot measures for states and metros is growing as public services and budgets are being severely trimmed. A recent article in The New Republic reports on a new trend where states are embracing ballot measures as a potential source of dedicated funds for targeted investments in regional economic growth and development.
Looming Revenue Shortfalls Latest Challenge for Many States
Amid the economic uncertainty surrounding fiscal cliff negotiations, and what it means for states, some governors are erring on the side of caution when it comes to funding recommendations for the upcoming year. At the same time, several state budget officers are projecting significant revenue shortfalls in the current fiscal year or biennium as a result of lower than expected tax collections.