A study released by the Beacon Hill Institute at Suffolk University in Boston is one of the more recent efforts to examine all aspects of U.S. states and their economies. Entitled State Competitiveness Report 2001, the study defines competitiveness as the ability to ensure and sustain a high level of per capita income and its continued growth.

The Illinois General Assembly has passed legislation to encourage venture capital investment in technology businesses across the state. HB3212 creates the Technology Development Fund, which permits the State Treasurer to use up to 1 percent of the state's total investment portfolio for equity investments through Illinois venture capital firms.

Two venture capital associations and the Southern Technology Council are offering free electronic newsletters to the general public that may be of interest to SSTI Weekly Digest readers. Occasionally stories offered in these publications overlap with Digest articles, however, each provides additional information and perspectives for the S&T community.

The National Governors' Association has released its third paper in the New Economy Series. Nurturing Entrepreneurial Growth in the New Economy, written by Thom Rubel and Scott Palladino, outlines eleven different approaches states have implemented to encourage entrepreneurship:

Bill Badger announced he will resign as president and CEO of the Anne Arundel County Economic Development Corp. to take an executive position with M&T Bank.

Toucan Capital announced the appointment of Dr. Phillip Singerman as a new Venture Partner.

The NanoBusiness Alliance has named Sean Murdock to serve as its new executive director.

A new report from the Advanced Technology Program (ATP), A Toolkit for Evaluating Public R&D Investment, provides useful information to anyone interested in evaluating publicly-sponsored research and development (R&D) programs. While the report focuses on more than 40 evaluations that have been performed for ATP, it offers one of the most comprehensive and understandable overviews of evaluation methods and applying those approaches.

Candidates are sought for a Senior Executive position (Salary $100,000+) to provide visionary and high level leadership for the Maryland Technology Development Corporation, a new statewide technology transfer and commercialization nonprofit organization. Resume and salary requirements must be submitted no later than July 12, 1999.

John Dougherty resigned his position with the Illinois Coalition to accept a job in the private sector.

The Maryland Department of Business and Economic Development appointed Christine Plater as its new director of small business programs.

The expected economic benefits from the Advanced Technology Program far outweigh program costs, according to a new report issued by the U.S. Department of Commerce's National Institute of Standards and Technology.

In his first budget address, Illinois Governor George Ryan outlined a series of initiatives which would catapult Illinois into the top tier of states for technology-based economic development spending. Coupled with the $3-million-plus technology initiative announced earlier this year by Chicago Mayor Richard Daley, Illinois S&T investments could grow to $20 million annually, a threshold only six other states have crossed and maintained: Georgia, New York, North Carolina, Ohio, Pennsylvania, and Texas.

On Monday, Chicago Mayor Richard Daley announced a series of initiatives to promote technology development for the city, including an information technology incubator, formation of a Mayor’s Council of Technology Advisors, and a Civic Network to support capacity needs for Internet commerce by Chicago businesses.

The November 20 SSTI Weekly Digest article on the current Advanced Technology Program (ATP) competition should have stated the following information on ATP's indirect cost policy:

November 17, 1998

The National Association of Seed Venture Funds is sponsoring a seminar entitled "Seed Investing as a Team Sport" to be held in Des Moines. The purpose of the seminar is to expand the attendees' understanding of business investing, help locate a team of like-minded investors in the region, and provide new tools to help optimize investment dollars. For more information, visit NASVF's website at http://www.nasvf.org

The National Institute of Standards and Technology’s (NIST) Advanced Technology Program (ATP) has issued a request for public comment on several changes to ATP rules.

Dr. Lura Powell, Director of the Advanced Technology Program (ATP) since 1995, has decided to take early retirement from the National Institute of Standards & Technology and pursue career opportunities in the private sector. Because of the voluntary early retirement option deadline, Dr. Powell’s retirement was effective September 30.

The State of Maryland has created a new Small Business Programs unit as part of the Governor's Office of Business Advocacy and Small Business Assistance.

With last week’s release of “The Maryland Innovation and Technology Index 1999,” Maryland became the latest state to release an “S&T report card” as they are also sometimes called. Indices have become popular tools for benchmarking a state’s or region’s comparative position across several technological, economic, and social

The Manufacturing Extension Partnership (MEP) of the National Institute of Standards and Technology is seeking to fill two positions at its Gaithersburg headquarters. Both positions — an Evaluation Program Leader and an Evaluation Specialist — will work on MEP program evaluation, economic impact measurement, and data interpretation efforts. Resumes will be accepted until the positions are filled.

Tom Thornton is resigning his position as President of the Illinois Coalition to join a Midwest Venture Capital firm.