Matching VC to Local ED Goals Expanding Rapidly
With so much attention given to increasing private seed and venture capital activity as a means of growing tech-based economies, one might expect that encouraging and attracting community development venture capital (CDVC) – that is, equity investments and entrepreneurial assistance to meet both profit targets and community development goals – would be a common element of a state or local community’s portfolio of economic development tools.
People
Bill Shipp has been promoted to president and general manager of the Idaho National Engineering & Environmental Laboratory. Currently laboratory director, Shipp will take his new position August 1. Mr. Shipp also serves as Science & Technology Advisor to Idaho Governor Dirk Kempthorne.
People
Ann Rydalch has been elected to serve as chair of the Federal Laboratory Consortium for Technology Transfer. Ms. Rydalch works for at the Idaho National Engineering & Environmental Lab. Outgoing chair C. Dan Brand will be retiring this summer.
People
Cliff Long is the first full-time economic development director for Nampa, Idaho. Long had worked for the Idaho Department of Commerce for the past 14 years.
People
Michael Tentnowski is the new director of the Rensselaer Polytechnic Institute Incubator.
Creating Tomorrow’s Workforce: An Evaluation of School-to-Work
With the 1994 School-to-Work Opportunities Act sunsetting this year and the increasing importance of developing a skilled workforce for a tech-based economy, many are asking if the initiatives launched or expanded by the Act have been successful.
Industry Commits $45 Million to NY Photonics Center
In what could be the largest private sector commitment yet to a single industry/university research center, Corning, Kodak ,and Xerox have combined to pledge a staggering $45 million toward establishing a Center of Excellence in Photonics and Optoelectronics in Rochester, N.Y. The three corporate giants also committed to help raise another $30 million from other private sector companies for the new partnership involving New York State, higher education, and private enterprise.
Idaho Charts Aggressive Course for Tech-based Future
Science policy and tech-based economic development have taken center stage in Idaho with last week’s release of the Idaho Science and Technology Strategy and the supporting new initiatives included in Governor Dirk Kempthorne’s recent budget message.
People
Kelly Lovell is resigning her post as president and CEO of the Center for Economic Growth Inc. to head the U.S. subsidiary of International Business Development Group, a consulting company based in England.
People
Gov. Jim Risch has appointed Nor Rae Spohn to his science and technology advisory council.
People
Jim Denn was named deputy executive director of the New York State Office of Science, Technology and Academic Research (NYSTAR).
Tech Talkin' Govs, Part II
Tech Talkin' Govs, Part I
TBED People and Organizations
Gov. Jim Douglas plans to merge the Vermont Departments of Economic Development and Housing and Community Affairs.
NY Governor Proposes TBED, Economic Development Agency Consolidation
SSTI Job Corner
Complete descriptions of these opportunities and others are available at http://www.ssti.org/posting.htm.
Entrepreneurial Efforts Underway to Boost Economy
As companies across the nation continue to announce massive layoffs during the economic recession, states, localities and private foundations are encouraging entrepreneurial training and providing support services to help create new jobs and assist struggling businesses.
TBED People and Organizations
Lonnie Emard has been named interim director of the Consortium for Enterprise Systems Management, a recently formed collaboration of business, academic and economic development organizations intended to build information technology (IT) opportunities in South Carolina.
Budget Proposals Produce Mixed Bag for TBED Programs
As governors across the nation seek to fill record deficits, many new and longstanding TBED initiatives are facing challenging cuts or elimination. At the same time, governors are shoring up support for critical, targeted investments in the economy that they say are needed now more than ever.
People & TBED Organizations
President Bush announced he will nominate Assistant Secretary of Commerce Sandy Baruah to serve as the administrator of the Small Business Administration.
The Rensselaer County Regional Chamber of Commerce has created the Economic Development Partnership to help businesses relocate to or expand in the county.
People & TBED Organizations
Steve Bazinet has been hired as executive director of the Maine Center for Enterprise Development.
Rahindra Bose is Ohio University's new vice president for research and creative activity and dean of the graduate college.
SSTI Job Corner
A complete description of this opportunity and others is available at http://www.ssti.org/posting.htm.
TBED People
- Tony Armstrong, Indiana University executive director for engagement, has been chosen as the Indiana University Research and Technology Corporations new president and CEO.
- Jeff Costantine will retire this fiscal year as president of the Nashville Technology Council. The board of directors has begun the search for a new president.
NYSTAR Remains Stand-Alone Entity in Enacted Budget
Legislators in New York rejected Gov. David Paterson's proposal to consolidate the state's primary organization for supporting and enhancing technology-based economic development into the state's traditional economic development organization (see the Dec. 17, 2008 issue of the Digest).