KTEC Pipeline to Match Kansas Entrepreneurs with Training, Mentors, Money
The metaphor of a pipeline is often used for describing the innovation process and, specifically, the health of a regional innovation system. Sustaining knowledge-based growth requires a steady flow of ideas, people and capital. Often, the flow can be weak in one of these areas -- or clogged by other factors such as lack of key resources or programs.
People & Organizations
The Purdue Center for Regional Development has appointed Ed Morrison to the position of economic policy advisor.
Indiana Pension Fund Allocates $100M to VC
With assets totalling more than $15 billion, the Indiana Public Employees Retirement Fund (PERF) has decided to place $100 million into higher-risk equity placements through its first Indiana Investment Fund. The fund will exclusively target venture capital deals within Indiana, according to the PERF news release. Like pension funds in many states, PERF has a requirement to place a certain percentage of its assets in private equity. The PERF goal is 5 percent and includes real estate deals as well.
People
Joni Cobb is the first president of KTEC Pipeline, Kansas's new technology entrepreneurship fellowship program.
People
Gov. Kathleen Sebelius has appointed former Kansas Gov. John Carlin to the Kansas Bioscience Authority.
Job Corner: Griffin Analytical Technologies Seeks Proposal Coordinator
Griffin Analytical Technologies, a producer of premium chemical detection systems, is seeking a proposal coordinator to generate research proposals in response to federal and state funding solicitations. Griffin serves U.S. Departments of Defense and Homeland Security applications, environmental health and safety monitoring, and research and teaching laboratories.
People
Purdue University has hired Mark Smith as its new Workforce Innovations in Regional Economic Development project administrator.
Job Corner: Griffin Seeks Director of Laboratory Operations and Applications Development
Griffin Analytical Technologies, LLC, a producer of premium chemical detection systems, is seeking a director of laboratory operations and applications development. Griffin serves U.S. Departments of Defense and Homeland Security applications, environmental health and safety monitoring, and research and teaching laboratories. The director will manage the workflow of Griffins labs, manage a staff of five, support research programs, and support sales and marketing efforts. A Ph.D. degree is preferred.
People
Indiana Economic Development Corp. President Mickey Maurer will resign at the end of 2006, fulfilling his pledge to Gov. Mitch Daniels to serve two years.
People
The Kansas Bioscience Authority named Thomas Thornton as its first president and CEO.
Bendis Leaving KTEC for Philly
Richard Bendis, president and chief executive officer of the Kansas Technology Enterprise Corporation (KTEC), has accepted an offer to lead the newly created Innovation Philadelphia Corporation. Mr. Bendis has been involved with KTEC since the organization was created in 1987. He was appointed to the KTEC board of directors by the Governor and served as the board’s first chairman. Mr. Bendis served as interim president in 1994 before being named president in 1995.
State & Local Round Up
Indiana
The Indiana legislature approved a $50 million appropriation over the next biennium for Indiana's 21st Century Research and Technology Fund. The program supports the development and commercialization of advanced technology. Created in 1999 (see related 9/10/99 Digest story), the fund received $50 million in the 2000-2001 biennium.
People
SSTI has learned through the KTEC SBIR Bulletin that Clyde Engert will be retiring as Vice President of Innovation & Market Research at KTEC on July 1, 2001. Mr Engert has been a long-active champion of state SBIR outreach and financial assistance. His services will be missed by Kansas companies and the national SBIR community.
Billion Dollar Gift Boosts Biomed Research in Kansas City
With an eye toward helping to make Kansas City a leading center for biomedical research, James Stower Jr., founder of American Century mutual funds, and his wife are donating $1.114 billion to the Stowers Institute of Medical Research. The donation is considered one of the five largest philanthropic gifts in history.
People
Bruce Kidd is the first director of entrepreneurship for the Indiana Economic Development Corp.
People
Angela Kreps is the first president of the year-old Kansas Bioscience Organization.
People
David Goodrich announced he will leave his position as CEO of the Central Indiana Corporate Partnership at the end of the year.
People
Nathan Feltman was named Secretary of Commerce and president of the Indiana Economic Development Corp. (IEDC). Feltman, the organization's executive vice president and general counsel, replaces outgoing IEDC President Mickey Maurer.
SSTI Job Corner
The two position opportunities described below were recently posted on the SSTI Job Corner. More information, including complete details on responsibilities, qualifications and application deadlines (when available), is available at http://www.ssti.org/posting.htm.
SSTI Job Corner
Complete descriptions of the position openings described below are available at http://www.ssti.org/posting.htm.
Indiana Governor Proposes Higher Ed Initiatives to Stem 'Brain Drain'
State lottery would be leased to private company to finance fund, scholarships
Two initiatives recently proposed by Gov. Mitch Daniels would keep graduating college students in-state and lure world-class researchers to Indiana's public universities. However, a lottery lease plan that would, in part, finance the initiatives may be more the center of attention with Indiana legislators.
Filling in the Pieces to Build the High-Tech Economy in Kansas City
The Kansas City region is obtaining funding for high-tech research in the life sciences, but entrepreneurship is stifled because of fragmented efforts to improve the innovation environment and the region’s lack of an overall strategy for its various stakeholders. This finding and others were identified in Completing the Puzzle: Creating a High-Tech and Life Sciences Economy in Kansas City, a recent report prepared for the Brookings Institution Metropolitan Policy Program.
Kansas, Virginia Look to Fill Key Positions
Two of SSTI's sponsoring organizations, the Kansas Technology Enterprise Corp (KTEC) and Virginia's Center for Innovative Technology, are looking for strong candidates to fill two critical positions. A brief description of each opportunity is provided below. More detailed information is available on SSTI's website at: http://www.ssti.org/posting.htm
People
The Kansas Technology Enterprise Corp. promoted Kevin Carr to the position of chief operations officer.
People
The 82nd Annual Congress of Cities in Charlotte, N.C., elected Jim Hunt, a councilmember of Clarksburg, W.Va., as the new president of the National League of Cities. Hunt follows Washington, D.C., Mayor Anthony A. Williams.