Job Corner
UMass Donahue Institute is seeking a director for the economic and public policy research unit (EPPR) that consists of an outstanding team of twelve research and professional staff. Along with a commitment to public service, the ideal candidate will be a knowledge leader, outstanding communicator, program developer, collaborator and experienced manager and researcher. Familiarity with relevant research areas and potential clients in Massachusetts and New England, including industry, government, professional associations, and nonprofit organizations is preferred.
MA Economic Development Bill Aims to Increase Access to Capital, Streamline Agencies
Gov. Deval Patrick signed into law last week an economic development bill that includes the creation of the Massachusetts Growth Capital Corporation to provide access to capital and mentoring for small businesses capitalized with $35 million, and a $5 million recapitalization of the Massachusetts Technology Development Corporation to provide funds for early stage technology startups. The bill also reorganizes and consolidates economic development agencies focused on regionally based efforts to grow and attract businesses to the state, according to a press release.
New Mexico Candidates Propose Access to Capital, Tax Cuts for Small Businesses
The candidate elected as New Mexico's 27th governor will make history as the state's first female governor. Democratic nominee Diane Denish and Republican nominee Susana Martinez both offer plans largely focused on New Mexico's economic recovery and balancing the state budget. Denish's plan centers on support for small businesses such as greater access to capital and establishing a Federal Innovation Research Matching Grant program for small, high-tech companies.
TBED People
The Tennessee Biotechnology Association has changed their name to Life Science Tennessee.
Ann Arbor SPARK recently added Bill Mayer as director of their business accelerator team.
Clean Tech Commercialization in NM Will Create High-tech Businesses and Jobs, Says Group
In Growing New Mexico's Clean Tech Economy, the Clean Technology Commercialization Working Group examines steps that must be taken for New Mexico to capitalize on the state's clean technology opportunity by bridging the funding "valley of death." In a report commissioned by the New Mexico Economic Development Department, the advisory group asserts four high-priority recommendations will accelerate New Mexico's clean technology commercialization.
People
Mark Robinson resigned as chief operating officer of the Massachusetts Biotechnology Council to join the American Academy of Arts and Sciences.
New Mexico Governor Signs Budget Bills, Vetoes Capital Package
New Mexico’s 2008 legislative session wrapped up last week, resulting in no final action on several TBED-related bills and leading Gov. Bill Richardson to call a special legislative session to address his health care reform agenda.
People & TBED Organizations
David Rooney will replace Tyler Fairbank as president of the Berkshire Economic Development Corp., effective next month. Rooney leaves the Empire State Development Corp. as its regional director.
New Mexico Legislature: Tax Credits, Energy Initiatives among Successes of 2007 Regular Session
With the close of its 2007 regular session, the New Mexico State Legislature wrapped up "one of the most productive sessions in state history." Those were the words of Gov. Bill Richardson, following the legislature's adjournment last month. The governor had outlined a number of economic development and energy initiatives in his 2007 State of the State Address that he hoped would be brought to bear (see the Jan. 15, 2007 issue of the Digest).
Planning Well Underway for SSTI's 11th Annual Conference
Please plan on joining us in Baltimore on October 18-19. You can learn firsthand how the Maryland Stem Cell Research Fund successfully secured the increase in funding and how the initiatives are progressing, all while enjoying the view of the gorgeous Inner Harbor (see related story in this 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.
When Should a State Take Equity in Life Science Firms? Issue Debated in Massachusetts
As Massachusetts legislators are in the process of crafting a compromise bill for the statewide Life Sciences Initiative, one new issue to emerge would have the state taking an equity position in the life sciences companies in which the state provides financial support.
$1B Investment in Massachusetts Life Sciences Now a Reality
A little more than a year after unveiling a comprehensive proposal to provide crucial funding for R&D, commercialization and infrastructure to position Massachusetts as a global leader in life sciences, Gov. Deval Patrick signed an historic 10-year, $1 billion life sciences investment package, transforming the ambitious idea into reality.
People
John McIver is serving as interim vice president for research and economic development at the University of New Mexico while the school searches for a permanent replacement to Terry Yates, who passed away in December.
People
Rick Homans will step down as secretary of the New Mexico Economic Development Department to become executive director of the New Mexico Spaceport Authority, effective May 1.
People & TBED Organizations
Rick Homans announced that he will step down as executive director of the New Mexico Spaceport Authority, effective July 27.
Incubator RoundUp: Building a Culture of Entrepreneurship
Business incubators, known for the business support services they provide entrepreneurs, have shown themselves through the years to be a valuable resource in the process of starting and growing companies. Office and laboratory space provided at a reduced cost to tenants is just one of the benefits. Many incubators also offer access to university research, mentoring and seed and venture capital in order to encourage entrepreneurship and ensure the success of new high-technology start-up companies.
Massachusetts, Ohio Announce Broadband Initiatives
While many parts of the country are looking for innovative means to increase the number of citizens and businesses connected to high-speed Internet in both urban and rural areas, two governors recently announced initiatives targeting the further extension of broadband services throughout their states.
People & TBED Organizations
The New Mexico SBIR Outreach Center exists again, following a year's hibernation.
Massachusetts Governor Wants to Borrow $1B for Life Science Strategy
Against the backdrop of BIO’s annual meeting, held this week in Boston, Gov. Deval Patrick unveiled a comprehensive, collaborative Massachusetts Life Science Strategy. The plan includes a 10-year, $1 billion investment package to support biomedical and stem cell research.
People
New Mexico Gov. Bill Richardson appointed Fred Mondragon as the director of the state's economic development department. Mondragon had been economic development director for the city of Albuquerque.
People
Carlos Romero, a University of New Mexico employee who previously oversaw the university's governmental affairs office, is now its associate vice president for research administration.
People
Gov. Bill Richardson appointed William Enloe, CEO of Los Alamos National Bank, to serve as chairman of the New Mexico Economic Development Partnership.
New Mexico Adds Tax Credit, Loan Program to TBED Portfolio
Tech firms in New Mexico received happy tax news on April 4 as Gov. BIll Richardson signed several bills to encourage economic growth across New Mexico.
TBED Organizations & People Update
Massachusetts Gov. Mitt Romney promoted Renee Fry to serve as director of the Department of Business and Technology, the state agency tasked with retaining and attracting jobs and steering economic policy throughout the Commonwealth.