OCAST May Receive $12M Boost in FY 2009
Gov. Brad Henry unveiled the details of his fiscal year 2009 budget recommendation earlier this week, providing a substantial increase in funding to the state’s lead TBED agency and proposing a permanent funding mechanism for cutting-edge research through the EDGE Endowment.
Massachusetts Innovation Index Reports Shrinking High-Tech Labor Pool in Leading Technology States
The gradual aging of the American workforce and the domestic migration of young workers may be at fault for slow economic growth in many states that have historically been successful in promoting high-tech business, according to this year’s Index of the Massachusetts Innovation Economy.
People
Michael Relyea was named deputy executive director of the New York State Office of Science and Technology Academic Research.
People
The Center for Economic Growth has selected F. Michael Tucker as its new president and CEO. Tucker replaces Kelly Lovell, who left the position in December to become president and CEO of International Business Development Group.
Oklahoma Lawmakers Approve $40M Bioenergy Center, Cut EDGE
Oklahoma is one step closer to positioning itself as a leader in sustainable energy production, with the creation of a $40 million Bioenergy Center. The legislature passed SB 510 at the close of the 2007 session last month, establishing the Oklahoma Bioenergy Center announced by Gov. Brad Henry during his State-of-the-State Address earlier this year (see the Feb.
New York Announces Rural Cluster Development Initiative
Implementing successful technology-based development initiatives in rural areas is an ongoing challenge for many parts of the country. Earlier this month, New York Gov. Elliot Spitzer signed legislation establishing a new program to stimulate employment and income growth by promoting cluster-based strategies in rural regions of the state. Sponsored by Sen. George H.
People & TBED Organizations
Robert Coughlin will replace Thomas Finneran as the new head of the Massachusetts Biotechnology Council by October. Coughlin is Gov. Deval Patrick's undersecretary for business development.
People & TBED Organizations
Gov. Patrick has appointed Sharon Gillett to head the newly created Massachusetts Department of Telecommunications and Cable. Gillett previously served as a principal research associate and chair of the Broadband Working Group for the industry-sponsored Communications Futures Program at the Massachusetts Institute of Technology and was a member of the Boston Wireless Task Force.
People & TBED Organizations
Jerome Mahone is the new director of Venture Creations, a business incubator at Rochester Institute of Technology.
ASME Seeks Project Manager
ASME is seeking a Project Manager responsible for the research, planning, launch and growth of strategic initiatives in the areas of industry relations/corporate services and young engineers. The individual will play a key role in the project management of strategic initiatives to help meet the priority objectives of the ASME Board of Governors.
People
Peter Abramo has been named executive director of Cameron University’s Center of Emerging Technologies and Entrepreneurial Studies, effective Aug. 30.
New York CATs to Keep State Competitive after Decennial Re-compete
One of the recurring issues in many states for financing centers as part of their tech-based economic development portfolio is whether or not the organizations resulting from the multi-year, multimillion grants should become financially self sufficient at the end of the grant term.
Innovation Economy Strong, But State Lags in High Tech Job Creation, MTC Index Finds
Massachusetts' innovation indicators may be strong, but the conversion of innovation into new high tech jobs is lagging and the state’s median household income continues to dip, according to the latest Index of the Massachusetts Innovation Economy.
Job Postings
Chief Executive Officer
Oklahoma Center for the Advancement of Science and Technology
People
Former Massachusetts House Majority Leader Salvatore DiMasi has replaced Thomas Finneran as Speaker of the House. Finneran recently resigned to run the Massachusetts Biotechnology Council.
People
The Piedmont Triad Entrepreneurial Network recently selected Lisa Blakely, a former Bank of America executive, as its CEO.
People
Merideth Andreucci has succeeded Michael Wilton as president of the USA Niagara Development Corp. Wilton was nominated by Governor George Pataki to serve as President of the New York State Higher Education Services Corp.
Chip Wars, Part II?
State Partnership with Texas Instrument Yields $3B Investment
From the outsider's perspective, it could be analogous to a world wrestling prize fight, except the punches and stakes are real. Two big, proud states wrestling for dominance in one lucrative industry — semiconductors.
Massachusetts House Announces $110M Plan to Encourage TBED
Details on a $110 million initiative to create more jobs and stimulate the Massachusetts economy were released yesterday by Massachusetts House Speaker Tom Finneran and other state leaders. The initiative, Mass Jobs: Investment and Opportunity, is an innovation-friendly plan to streamline government functions and encourage growth in emerging technology through capital formation, regional development, and stability in regulation and taxation.
People and Organizational News
New York Ecomm has changes its name to The Executive Council of New York to better reflect the organization's broader membership and program offerings.
Institute for Government Innovation Launches 17th Annual Awards
The Institute for Government Innovations has announced it is accepting applications for the 17th Annual Innovations in American Government Awards, ultimately to identify outstanding examples of creative problem solving in the public sector.
Boston's Blessing: A Cluster of University-based Research Activity
Most practitioners who have been in the tech-based economic development field long enough know the presence of a strong research university can make the job much easier. New innovations and technologies to commercialize through licensing and spinoff companies, research facilities and experts to partner with local companies, and a constant supply of fresh graduates for the workforce are just a few of the benefits a research institution can offer the local and regional economy.
People
Correction: In last week's People column, Tom Walker's new title was incorrect. Mr Walker is executive vice president and chief operating officer of the Oklahoma Technology Commercialization Center.
People
Tom Walker has been named executive vice president and chief operating officer of the Oklahoma Technology Commercialization Center.
People in TBED
Greg Main, Oklahoma's former secretary of commerce, has been named president and CEO of the Oklahoma Technology Development Corp., which runs the Oklahoma Technology Commercialization Center.