CCF Innovations Receives $5 Million for Tech Transfer
In what may be the first gift of its kind, a $5 million cash donation has been made to a technology transfer office to endow the commercialization of new health technologies. The Cleveland Clinic announced receipt of the donation from John Ferchill, a Northeast Ohio real estate developer, in mid-December.
People
The Greater Baltimore Alliance, now renamed as the Economic Alliance of Greater Baltimore, has appointed David Gillece as chief executive officer and Christian Johansson as managing director.
People
Maryland's Department of Business and Economic Development has reorganized into three geographically defined divisions. Robert Hannon has been named to run the regional program.
Digest Takes a Break
The SSTI Weekly Digest will resume publication on January 9. We hope all our readers have a safe, prosperous, and happy 2004.
Director Sought for Power Partnership of Ohio
Case Western Reserve University is seeking an executive director of The Power Partnership for Ohio, one of the new Wright Centers of Innovation funded in part by a $18 million grant from the State of Ohio.
Ohio Voters Reject $500M Tech Bond Issue
By a narrow margin, Ohio voters on Tuesday rejected a constitutional amendment that would have permitted the state to issue up to $500 million in bonds over 10 years to fund technology-based economic development projects. Defeated 51 percent to 49 percent, Issue 1 would have made up the final component of Gov. Bob Taft's proposed 10-year, $1.6 billion Third Frontier project. The remaining $1.1 billion is unaffected by Tuesday's vote.
Maryland Supports For-Profit to Speed Tech Commercialization
With the support of Maryland's Department of Business and Economic Development (DBED), BrainChild Maryland was launched this week to identify and capitalize on Maryland's most promising new technologies. The for-profit company will identify university and federal lab technologies that have the greatest potential for becoming viable products and services.
Great Titles Added to SSTI Bookstore
Looking to launch a biotech initiative? Getting into commercializing university research? Are tight budgets leading to more rigorous program evaluation?
People
Julian Manly Earls is the new director of the NASA Glenn Research Center in Cleveland.
People
Team Northeast Ohio has picked Texan Robert Farley for its first executive director.
People
Dan Lohymeyer has stepped down as president of Ohio's IT Alliance.
People
The new executive director of the Center for Regional Economic Issues is Edward Morrison.
NIH Announces Strategy to Accelerate Medical Research Progress
To transform the nation’s medical research capabilities and speed the movement of research discoveries from the bench to the bedside, the National Institutes of Health (NIH) laid out on Monday a series of initiatives collectively known as the NIH Roadmap for Medical Research.
NIST Releases Guide for Economic Impact Analysis of R&D
Gaining an understanding of the real and potential economic impact of government investments in research and development (R&D) has suffered for decades from a lack of rigorous but broadly applicable methodologies for the assessment. To advance the field toward a more appropriate degree of uniformity, the National Institute of Standards and Technology (NIST) recently released a primer on economic impact analysis of government R&D programs.
Review of MEP Underway
The National Academy of Public Administration (NAPA) has begun a review of the Manufacturing Extension Partnership (MEP) that will examine the program's mission and execution. MEP requested the independent analysis.
TBED Comings and Goings
Joseph James has announced his resignation as head of the Prince George's Economic Development Corporation (Maryland).
NBIA Honors Excellence in Business Incubation
The National Business Incubation Association (NBIA) honored six top incubation programs, graduates and clients at its 17th International Conference on Incubation, held May 18-21 in Richmond, Va. Award winners are highlighted below:
Maryland's TEDCO and NSA Team to Promote Tech Transfer
To spur technology development in the state, the Maryland Technology Development Corporation (TEDCO) has entered a collaborative agreement with the nation's cryptologic organization, the National Security Agency (NSA). TEDCO’s mission is to help foster a technology economy that will create and sustain businesses throughout Maryland. NSA coordinates, directs and performs highly specialized activities to protect U.S.
Do It For Mom
A Note from the Editor
Pass the Digest Along!
With more than 20 new governors and hundreds of newly elected state legislators, mayors and city council members across the country, many states and communities are seeing fresh faces in key positions that will influence the shape and direction of tech-based economic development policy, funding and program implementation. SSTI encourages its readership to get issues of the SSTI Weekly Digest in their hands to help bring your new partners into the larger tech-based ED community as soon as possible.
Encouraging Youth Entrepreneurship
Whether the reason is to spur more innovation among students, fight the brain drain of graduates or simply help to build tech-based economies, many states, communities and universities are targeting a portion of their efforts toward encouraging tech-based entrepreneurship among their young residents and college students.
People
David Iannucci is the new head of the Baltimore County Department of Economic Development.
Ohio Creates $100M Tech Infrastructure Fund, Approves $50M for Capital Fund
With the passage of HB 675, the FY 03-04 Capitol Budget Bill, the Ohio Legislature approved funding for a $100 million Innovation Ohio Revolving Loan Fund and a second $50 million installment for the Wright Brothers Capital Fund. Both measures are key components of Ohio's $1.6 billion 10-year Third Frontier Project — the state's largest-ever commitment to expanding high tech research capabilities and promoting start-up companies to build high wage jobs.
Bioscience Initiative Pushes for Jobs in Baltimore
Placing a high priority on the biosciences as a measure for long-term economic development, the Baltimore Workforce Investment Board (BWIB) has released a strategic plan that aims to ensure growth, in part, by securing a highly motivated and well trained workforce for the city's bioscience sector.
116 Resources for Building Tech-based Economies
From angel capital to university technology commercialization, there are myriad facets to technology-based economic development (TBED). The key to success lies in a solid understanding of your respective element of the field — from grasping the policy issues to developing effective programs and practices to implementing sound evaluation techniques.