A community essentially has two options for strategies to diversify its economic base: traditional economic development or technology-based economic development (TBED). The traditional approach of recruiting or inducing companies to relocate to their community from elsewhere creates an atmosphere of competition, rivalry and one-upmanship among cities and regions as they bid to buy firms' location decisions. Often, it is also difficult for small and mid-sized communities to compete on these terms.

The new head of the Economic Development Corporation of Kansas City is Jeffrey Kaczmarek, effective Sept. 6. Kaczmarek currently is senior vice president for community development with the Michigan Economic Development Corporation.

While Albany securing Sematech North has captured national attention in the TBED community for the past week, area leaders have been working for more than a year to forge a partnership toward regional technology-based economic development. That effort came to fruition in June when leaders of the Albany-Colonie Regional, Rensselaer County Regional and Schenectady County Chambers of Commerce announced the formation of the Tech Valley Chamber Coalition.

Plans for a joint five-year $320-$403 million program to accelerate the development of next generation lithography were announced Thursday by International SEMATECH (ISMT) and The University at Albany-SUNY (UAlbany).

Keith Servis has left his position as director of programs at the New York Office of Science, Technology, and the Advancement of Research to return to the New York Department of Health.

New York's initiatives to support technology-based economic development (TBED) will share more than $520 million in state appropriations during Fiscal Year 2003. The highlight: two originally competing budget proposals to support university-based centers of excellence survived with a combined $470 million in state funds (see the Jan. 5, 2001 issue of the SSTI Weekly Digest for background).

William Rosenberg has resigned from his position as CEO of the Michigan Broadband Authority. which approved its first loan at the end of March for wireless broadband service in several small towns.

Michael Witt has been appointed Executive Director of MichBio, the state's bioscience industry association.

Donald Jakeway will be the new president and CEO for the Michigan Economic Development Corp.

A new study examining the post-Sept. 11 economy of New York argues the city's traditional approach to economic development, one which has banked on a few favored sectors such as financial and business services, is outdated and should be reconceived.

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.

Michigan Governor Jennifer Granholm has vowed to enlist her fellow governors in the fight to maintain the nation’s vital manufacturing industry. At a recent meeting of automotive industry executives and experts in Traverse City, Mich., Granholm used her keynote speech to call for actions that will stave off the loss of manufacturing jobs in the U.S.

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.

On Jan. 26, New York Gov. George Pataki and State Senate Majority Leader Joseph Bruno announced legislation to create a $200 million Biotechnology and Biomedicine Research Initiative through the New York State Charitable Assets Foundation.

The Modernization Forum seeks qualified candidates to serve as a project manager for a one-year position. The manager will plan, staff and facilitate research involving focus groups, phone and mail surveys, and secondary resources related to small manufacturing and the economy. The manager will work in collaboration with contracting organization as part of a highly qualified research team.

Federal research facilities can be a bit intimidating for a small- or medium-sized technology firm. But if a business is looking for solutions to technical problems, new technologies to commercialize or adopt, a research partner, or funding to perfect some technology, the vast resources of the nation's 700+ federal research laboratories could hold the key to commercial success.

The Manufacturing Extension Partnership (MEP) is a nationwide network of not-for-profit centers in more than 400 locations nationwide. Their sole purpose is to provide the 357,000 small and mid-sized manufacturers in the U.S. help to succeed in a global economy.

Michael Finney, vice president for Emerging Business with the Michigan Economic Development Corp (MEDC), is leaving MEDC to become the first president and CEO for the Greater Rochester Enterprise in New York.

Doug Rothwell, President and CEO of MEDC, has announced his resignation with the end of Governor John Engler's term in December.

Kathleen Wise is the new Director of Programs for the New York Office of Science, Technology and the Advancement of Research. She fills the position vacated this summer by Keith Servis.

A public entity setting up a satellite office for promotion and business recruitment is not new. Many state economic development departments have done it for years in foreign countries to encourage international trade. State film promotion boards do it in Hollywood to attract movie projects to their home states.

The amount of time a technology-based economic development (TBED) professional can spend out of the office for professional development is limited. So are travel funds. That's why SSTI packs so much into its annual conference — already the largest event in the country dedicated to improving state, local and regional TBED efforts.

Gary Woodbury, president and CEO of the Small Business Association of Michigan for the past 15 years, has announced he will retire in June 2003.

Recognizing the potential economic impact of biotech, nearly every state, most colleges and dozens of communities are developing programs to build bio-based economies. Everyone wants a piece of what may be the guiding field for industrial transformation over the next several decades. Is there enough bio for everyone? What strategies work for building bio-based economies? What approaches are states and localities taking, and what's working?

Temi Bova is the new director of Union College's U-start technology business incubator in Schenectady, N.Y.