Washington Technology Center Addresses Lack of Seed Capital
The Washington Technology Center (WTC) has created a new program that will make obtaining access to early-stage seed capital easier for companies outside the Puget Sound. WTC is Washington's statewide science and technology organization.
Washington State Extends More Tax Breaks for R&D Firms
Washington Governor Gary Locke signed legislation last week that will give a tax break for research and development (R&D) firms. HB 1462 – passing unanimously, 96-0, in the State House and by a majority, 41-4, in the State Senate – prohibits Washington's local governments from taxing the intellectual property of these companies.
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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.
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Michael Witt has been appointed Executive Director of MichBio, the state's bioscience industry association.
Washington Gains Rural Tech Fund, Pension VC Investments
The past week has marked the beginning of two public initiatives in Washington State to increase the availability of financing for technology firms.
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Dr. Leonard Peters is the new director of the Department of Energy's Pacific Northwest National Laboratory.
Washington Leads in New Company Creation, Index Finds
Washington State still ranks first nationally in the creation of new companies, according to the third annual Index of Innovation and Technology released by the Washington Technology Center (WTC), a state-funded organization that fosters technology employment growth. The Index also shows the number of patents earned by Washington inventors increased by 11 percent from 2000 to 2001.
Tech Talkin' Govs V
In SSTI's final look at the 2003 State of the State Addresses and Inaugural Addresses, we find the importance of building technology-based economies continues to be emphasized by governors across the country, despite – or because of – the down economy. Below are excerpts from speeches given in Michigan, Minnesota, Oklahoma, Rhode Island and Texas.
Technology Economy Still in Washington State's Future
Washington State remains poised to capture more benefits from its technology-driven economy, according to the Index of Innovation and Technology released last month by the Washington Technology Center (WTC). As the state's lead organization to support science and technology, WTC publishes the Index to provide the state's decision makers with annual benchmarks for setting policy and public investments to promote technology-based economic development.
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Washington Gov. Gary Locke appointed Juli Wilkerson to serve as director of the Department of Community, Trade and Economic Development, replacing Martha Choe, who is now serving as state coordinator for the Boeing 7E7 project.
States Take Steps on Outsourcing
One of the hottest political topics this year is the outsourcing of U.S. jobs to other countries. A Google search on "outsourcing" returns about 4.8 million pages. Reports from Gartner, Forrester Research, McKinsey & Company, AeA, and the Institute for International Economics, among others, have looked at the topic and fed the interest.
Michigan Creates $150M VC Fund and Broadens Mfg Tax Credits
Last Thursday, Gov. Jennifer Granholm signed bills to aid Michigan’s tool and die industry and to promote new venture capital investment in the state’s high-tech industries.
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The Michigan Economic Development Corporation has named Sandy Ring to the new position of vice president for economic development policy.
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Lizabeth Ardisana was elected Chairperson of the Michigan Hispanic Chamber of Commerce, becoming the first woman to hold the position in the state.
Job Opportunity with the ModForum
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.
Next Digest Oct. 31; SSTI Offices Closed to Attend Annual Conference
The SSTI Weekly Digest and Funding Supplement will resume publicaton October 31 as the office will be closed to attend SSTI's 7th Annual Conference, Building Tech-based Economies: From Policies to Practice, on Oct. 20-22.
And Then There Were 10...
Yes, only 10 open seats remain for SSTI’s 7th Annual Conference, Building Tech-based Economies: From Policy to Practice. With nearly three weeks remaining before the October 21-22 event in Seattle, SSTI anticipates it will have to close registration in the coming days based on the phenomenal response to this year’s great slate of 24 breakout sessions, great plenary sessions and wonderful location. If you are planning to attend, we encourage you to register as soon as possible.
Saving Money: An SSTI Conference Update
SSTI's 7th Annual Conference, to be held in Seattle on Oct. 21-22, is now less than one month away. If you are planning to join 300 of your colleagues from more than 40 states at Building Tech-based Economies: From Policy to Practice, here are a few tips to save your organization a little money:
SSTI's Intro to TBED Preconference Workshop Sold Out
Seats Available for Developing Angel Organizations, Financing TBED Workshops
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Donald Jakeway will be the new president and CEO for the Michigan Economic Development Corp.
Sneak Peek at SSTI’s Annual Conference: Better Tools Build Better Times
Tight budgets are causing many state and local tech-based economic development (TBED) programs to delay new initiatives, even forcing some to scale back on the services already provided. But mottos like "getting more bang for the buck" and "doing more with less" are fast becoming tired, transparent clichés.
Sneak Peek at SSTI's Annual Conference: The Future of U.S. Manufacturing and What We Do About It
Manufacturers continue to shed thousands of American jobs — at a rate of 80,000 per month over the past three years, according to the New York Times. The realities of globalization are settling in as small and mid-sized manufacturers are hit hard with competition from around the world.
TBED Comings and Goings
Thomas Anderson is the new director of the Automation Alley Technology Center in Michigan.
2003 SSTI Conference To Count Toward IEDC/CEcD Recertification
Certified economic development professionals have an extra reason to attend Building Tech-based Economies: From Policy to Practice, the nation's premier educational and networking experience for the TBED community. The 2003 SSTI Annual Conference will be recognized by the International Economic Development Council (IEDC) as a professional development event that counts toward the recertification of Certified Economic Developers (CEcD).
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Ken Olsen will become the new executive director of the Palouse Economic Development Council in Washington State.