People
The U.S. Small Business Administration has named Heath Copp as the Young Entrepreneur of the Year. Mr. Copp, 24, is a resident of Grand Forks, North Dakota.
North Dakota Starts Phase I of Statewide Broadband Network
In an effort to provide quality, high-speed telecommunications services throughout the state, North Dakota has committed $3 million for the first phase of a broadband telecommunications network that is expected to cost the state $20 million when completed. When the first phase is finished later this year, 218 locations in 64 communities will be connected.
People & Organizations
Effective in May, Ken Janoski will be the president and CEO of BioGenerator, a nonprofit in St. Louis that helps scientists commercialize their discoveries.
MISSOURI ONE STEP CLOSER TO $40 MILLION SEED FUND
Investment capital to develop and commercialize new technologies may soon be easier to find in Missouri. The Commerce Committee of the Missouri House of Representatives last week endorsed House Bill 753, a proposal to create a $40 million seed capital fund supported by Governor Mel Carnahan. The fund would be capitalized at $10 million each year for four years. Additionally, private investors would get a 100-percent tax credit for all money they contributed to the new seed capital fund.
North Dakota S&T Starts Over
While many states are adding multi-million programs to their science and technology portfolio, state-led S&T efforts in much of the North Central United States are still suffering. The latest example was the elimination of North Dakota’s two largest programs this summer.
People
Dennis Cheek is vice president of education with the Kauffman Foundation.
Missouri Launches $20 Million State Seed Capital Program
This year’s second attempt to pass legislation establishing a state-funded seed capital program in Missouri was successful during the waning hours of the 1999 session of the Missouri General Assembly. SB 518, the Missouri New Enterprise Creation Act, authorizes the creation of up to four seed capital funds at the state’s innovation centers to support new technology-based companies in the state.
Best Practices for Biotech Assistance to be Explored
Cincinnati and St. Louis are partnering to hold a three-day symposium to examine best practices in biotechnology-based economic development. Growing the Life Science Industry will be held March 1-3 at the Kingsgate Conference Center on the University of Cincinnati Medical Campus. Speakers from a dozen states will share their regions' approaches for life science economic development.
People & Organizations
James DeLong is the new vice president of the St. Louis Regional Chamber and Growth Association.
People & Organizations
Rob Monsees left his position as Gov. Matt Blunt's deputy chief of staff-policy to become the executive director of the Missouri Technology Corporation.
Harvard Prof Receives Kauffman Prize Medal for Research on Social Networks and Innovation
The Ewing Marion Kauffman Foundation has awarded its second Kauffman Prize Medal for Distinguished Research in Entrepreneurship to Professor Toby Stuart of the Harvard Business School. The medal is given every two years to a scholar under the age of 40 whose research has made a significant contribution to the study of entrepreneurship and innovation. Stuart accepted the medal last month, along with a cash award of $50,000, at the Academy of Management's annual meeting in Atlanta.
Resources Available for Displaced Workers Interested in Entrepreneurship
In an effort to help combat the present economic downturn, the Kauffman Center for Entrepreneurial Leadership at the Ewing Marion Kauffman Foundation is looking to partner with groups across the U.S. to provide training to displaced workers interested in starting new businesses.
People
Marianne Hudson is leaving her position as Vice President - Marketing & Communications with the Mid-America Manufacturing Technology Center to become a program manager at the Kauffman Center for Entrepreneurial Leadership.
Missouri Targets $21.5 Million for Life Science Research
At the end of June, Governor Bob Holden signed an executive order committing $21.5 million of the state’s tobacco settlement funds for biotech research during fiscal year 2002. Governor Holden made his announcement prior to signing Senate Bill 500, which expands the state’s job training program to prepare Missouri’s work force for new careers in life sciences.
People
In March, the North Dakota Department of Economic Development and Finance (ED&F) named Jim Hirsch director of workforce development.
People
Warren Erdman, formerly vice president of corporate affairs at Kansas City Southern, is the newly selected chairman of the board of the Economic Development Corp. of Kansas City.
Kauffman Foundation Unveils iBridge to Facilitate University Technology Transfer
Designed to ease the transaction burden on university technology transfer offices and encourage more open and efficient access to research, the Kauffman Foundation recently unveiled iBridge, a web-based platform under the Kauffman Innovation Network.
Entrepreneurial Activity Strongest Among U.S. Immigrants, Males and Latinos, According to Kauffman Index
Between 1996 and 2004, an average 0.36 percent of the U.S. population created a new business each month, representing approximately 500,000 new businesses per month, according to the Kauffman Index of Entrepreneurial Activity.
People
John Gardner has been named the first vice president for research and economic development for the University of Missouri system.
People
Bill Borgmeyer has retired from his position as Coordinator of Technology Development for the Missouri Technology Corporation.
People
SSTI extends its congratulations to Bruce Gjovig, Director of the Center for Innovation in Grand Forks, North Dakota, for his induction into the North Dakota Entrepreneur Hall of Fame.
Missouri Passes Embryonic Stem Cell Amendment
Voters in Missouri approved, 51 percent to 49 percent, an amendment to the state constitution that will prohibit state or local governments from preventing embryonic stem cell research. The amendment also defines what type of research is permitted.
Kauffman Launches eVenturing™ Website
To help entrepreneurs start and manage businesses, the Kauffman Foundation recently launched Kauffman eVenturing™ ( www.eVenturing.org).