North Carolina Launches $1M Green Business Fund
The North Carolina Board of Science and Technology, for a long time serving mostly in an advisory capacity to Gov. Mike Easley, increasingly is more involved in the direct delivery of technology-based economic development programs. The latest addition to its growing portfolio of programs is a $1 million Green Business Fund to help small businesses commercialize promising green and alternative energy technologies.
People & TBED Organizations
BioConnect of Greater Charlotte, a new networking group for Charlotte, N.C.-area workers in life-science-related fields, held its inaugural meeting earlier this month.
People & TBED Organizations
The North Carolina Biotechnology Center has hired Yonnie Butler as business development director of its business and technology development unit.
North Carolina Lays Out $25M Plan for Biofuels Industry
Several U.S. states have introduced plans in attempts to take the early lead in the country's emerging biofuels industry. For example, in 2006, the Washington legislature approved the initial components of the state's Bioenergy Program. Tennessee Gov.
People
On April 1, Jerry McGuire becomes the first director of technology transfer for the University of North Carolina, Greensboro. McGuire currently is the director of technology transfer and licensing for the University of Buffalo.
Initiative to Strengthen Presence of Life Sciences in Central Indiana
Leaders of Central Indiana's top research, academic and economic development organizations announced on Wednesday an effort to develop the region as a world-class center for the life sciences industry.
Resources Focus on Innovative Practices at Rural Community Colleges
Regional Technology Strategies, Inc. (RTS), a national nonprofit workforce and economic development group based in Carrboro, N.C., has published Cultivating Successful Rural Economies: Benchmark Practices at Community Colleges.
North Carolina to Start Statewide Micro Angel Fund
North Carolina does not, at first glance, seem to be a venture capital underperformer. In 2006, venture capitalists invested close to $510 million in North Carolina, almost $60 million of which was invested in seed and early-stage businesses, according to the Pricewaterhouse Coopers Moneytree Survey of VC investment. However, while the state ranks 12th in seed/early-stage investment, many in the state perceive the lack of seed funding to be a major obstacle to economic growth.
Indiana Initiative Targets Advanced Manufacturing and Logistics
A new initiative to target and promote Indiana's manufacturing and logistics sector will do so in a similar manner to the 2002 BioCrossroads initiative that aided in transforming the region’s life sciences industry, the Central Indiana Corporate Partnership (CICP) recently announced.
People & TBED Organizations
Conexus Indiana, a new initiative focused on the state’s advanced manufacturing and logistics industries, will be led by President and CEO Carol D’Amico, former executive vice president and chancellor of Ivy Tech Community College.
Regional TBED Strategies: New Announcements, Past Experiences and Some Thoughts
Over the last few months, three states have announced new strategies to encourage regional tech-based economic development. Several states have experimented with how best to support or encourage regional TBED in the past, resulting in both successes and failures. In some cases, state sought partnerships at the local level in the creation of new programs while other states took a more hands off approach, such as providing seed funding to create regional technology councils.
Website Launched along with 2007 Report on the Future of the South
Building on past reports calling for higher levels of educational achievement in the South, the 2007 Southern Growth Polices Board Report outlines a three-pronged strategy to aid the southern region in attaining its goal of building a globally competitive workforce. The annual Report on the Future of the South, released earlier this month, labels its new approach "Convene-Connect-Commit," addressing the process in detail.
SSTI Job Corner
Complete descriptions of the position openings described below are available at http://www.ssti.org/posting.htm.
People and Organizational News
The Indiana Proteomics Consortium has changed its name to Inproteo.
Privatization Moves Underway in Indiana, Minnesota
Within two years, Indiana's agency for promoting economic development will become a quasi public-private partnership similar in concept to the Michigan Economic Development Corporation.
While in Minnesota, an agreement that resolved the budget impasse gives the state's lead science and tech organization a 12-month timeline to fully privatize from the state's support.
People
Larry Moolenaar is the new Executive Director of the Eastern Carolina Council of Governments.
Indiana Governor Signs Budget Bill to Energize State's Economy
During a legislative season that was marked by heated discussions in most statehouses on what to cut or save, Indiana is one of a handful of states so far that focused considerable debate on planting the seeds for a stronger future through technology-based economic development.
University Initiatives Benefit from North Carolina Surplus
North Carolina legislators approved last week the fiscal year 2008-09 budget adjustment, providing additional funds for several TBED initiatives within the higher education system. Earlier this year, Gov. Mike Easley unveiled recommendations to use surplus funds to expand university projects aimed at supporting TBED (see the May 14, 2008 issue of the Digest).
People & TBED Organizations
Publisher's Note: SSTI notes with much sadness the March 5 passing of Indiana State Sen. David Ford, following a battle with pancreatic cancer. David was a good friend not only of SSTI's, but also of the tech-based economic development community across the nation. In addition to being a tireless and cheerful advocate for investing in science and technology, he was also a gentleman in the true sense of the word, and we miss him greatly.
People & TBED Organizations
The Beaver County (Pa.) CO-OP announced it will change its name to StartingGate. The incubator will continue to assist entrepreneurs and new business start-ups and help expand existing businesses.
Joe Dedman was chosen as the first executive director of the Southeast Indiana WIRED.
Brian DuBoff was named the director of Maryland's southern region Small Business Development Center, which is hosted by the College of Southern Maryland.
People
John Austin is the newly appointed executive director of the New Economy Initiative for Southeast Michigan.
Tom Cech announced he will return to the University of Colorado at Boulder next year to pursue laboratory research and teaching after eight years as president of the Howard Hughes Medical Institute.
People
Frank Sabatine has been appointed to the newly created position of associate vice president of economic development and community engagement at Ball State University.
Incubator RoundUp: New Incubators Help Grow Specialized High-Tech Companies
Over the past several months, universities, city and state governments, and private companies alike have announced the creation of high-tech incubators that will serve as springboards for developing specialized companies to help grow the regional economy. Following is a sampling of recent incubator news from across the nation.
SSTI Job Corner
A complete description of this opportunity and others is available at http://www.ssti.org/posting.htm.