Private Funding Gives Washington Life Sciences Discovery Fund Early Boost
With the first round of state funding not expected until April 2008, private foundations have stepped in to provide a jumpstart for the Life Sciences Discovery Fund (LSDF). Last week, six Washington-based research teams were awarded more than $4.5 million in private funding to support projects that improve health care quality and capitalize on economic development opportunities within the state.
Georgia Research Alliance Seeks $40M Dedicated VC Fund
Georgia Gov. Sonny Perdue this month proposed a new $40 million Georgia Research Alliance (GRA) Venture Capital Fund to be fueled by $10 million from the state legislature and subsequently matched with $30 million from the private sector. Of the entire suite of GRA initiatives, this will be the first program not funded entirely by the state of Georgia.
Tech Talkin’ Govs, Part IV
The fourth installment of the Tech Talkin’ Govs series includes excerpts from governors’ speeches delivered in Georgia, Kentucky, Massachusetts, Michigan, Tennessee, and Wisconsin.
Georgia – see article in this issue of the Digest.
Kentucky
Gov. Steve Beshear, State Budget Address, Jan. 29, 2008
OCAST May Receive $12M Boost in FY 2009
Gov. Brad Henry unveiled the details of his fiscal year 2009 budget recommendation earlier this week, providing a substantial increase in funding to the state’s lead TBED agency and proposing a permanent funding mechanism for cutting-edge research through the EDGE Endowment.
People
Kim Zentz, CEO of the Spokane Transit Authority, announced she will take a one-year position as interim executive director of the Spokane Intercollegiate Research and Technology Institute.
People
The Georgia Biomedical Partnership named Charles Craig as its new president.
Oklahoma Lawmakers Approve $40M Bioenergy Center, Cut EDGE
Oklahoma is one step closer to positioning itself as a leader in sustainable energy production, with the creation of a $40 million Bioenergy Center. The legislature passed SB 510 at the close of the 2007 session last month, establishing the Oklahoma Bioenergy Center announced by Gov. Brad Henry during his State-of-the-State Address earlier this year (see the Feb.
People & TBED Organizations
Dr. Donald Colbert is the new executive director of the Augusta BioBusiness Center and Georgia Medical Authority. Colbert replaces Lenie Roos-Gabridge, who retired in July.
People & TBED Organizations
The Georgia Biomedical Partnership has become Georgia Bio, The Life Sciences Partnership.
People
Peter Abramo has been named executive director of Cameron University’s Center of Emerging Technologies and Entrepreneurial Studies, effective Aug. 30.
People
Patrick Tam resigned last month as executive director of the Spokane Intercollegiate Research and Technology Institute.
Georgia Tech’s $5M Tennenbaum Institute to Focus on Enterprise Transformation
For most people in the business sector and economic development field, perhaps, the word "innovation" is quickly associated with tech start-ups and entrepreneurial businesses. The new Tennebaum Institute at Georgia Tech, opened last month with a $5 million donation from school alumnus Michael Tennebaum, is hoping to change that.
Seattle Tops Visa’s List of Most Innovative Cities
A Visa analysis of innovation and creativity among the nation’s top 50 metro areas has Seattle ranked first in combined scoring, followed by Austin, Nashville, Minneapolis and Washington, D.C. Visa’s Innovation Index measures entrepreneurialism, community support and creativity on a per capita basis throughout the major Metropolitan Statistical Areas.
People
Tino Mantella has been appointed president of the Technology Association of Georgia, a nonprofit organization that focuses on promotion and economic advancement of the state's technology industry.
Blatant SSTI Conference Plug
Blatant SSTI Conference Plug
People
Jeff Morris has been named Director of the Northwest Energy Technology Collaborative.
Sneak Peek at SSTI's Annual Conference: Capitalizing on the Academic Research Enterprise
Balancing the role of universities and colleges in economic development can be tricky, as Dr. Bok points out in his new book (see article above), but its important role in building stronger tech-based economies cannot be overstated. SSTI’s 7th annual conference, to be held in Seattle on October 21-22, presents the best opportunity of the year for developing a great understanding of the most effective ways for local and state economies to benefit from the academic research enterprise.
Pre-conference Workshops Focus on Burning Issues
Two of the most critical issues in today's tech-based economic development (TBED) involve money — funding for companies and funding for TBED programs.
Spokane Authors Strategic Plan for Innovation Economy
The City of Spokane and a group of local organizations have penned a strategic plan designed to help the city and the Inland Northwest achieve an Innovation Economy.
Sneak Peak into SSTI's Annual Conference: Tips, Tricks and Techniques to Support Technology Entrepreneurship
Until now, the opportunities have been fairly limited for tech-based economic developers to learn from the lessons of fellow practitioners running successful entrepreneurship programs.
People
C. Michael Cassidy, president of the Georgia Research Alliance, has been appointed to the governing board of the Biotechnology Industry Organization.
SSTI Annual Conference Agenda Set
We recognize that SSTI's annual conference quickly has become the premier professional development event annually for the tech-based economic development field. It's quite an honor, but it is also quite an obligation. Our conference participants have come to expect a level of unsurpassed quality. At least, that's what they tell us in the evaluations.
People
Blair Carnahan will be the first director of the new Columbus Regional Technology Center in Columbus, Ga. The new facility will house an incubator, the Columbus Georgia Tech regional office and the Columbus office of the Small Business Development Center.
People and Organizational News
Spokane Economic Development Council president Mark Turner has announced his resignation.
Washington Technology Center Addresses Lack of Seed Capital
The Washington Technology Center (WTC) has created a new program that will make obtaining access to early-stage seed capital easier for companies outside the Puget Sound. WTC is Washington's statewide science and technology organization.