TBED People on the Move
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.
Brandinger Resigns; NJ Seeks Executive Director
The long-time executive director of the New Jersey Commission on Science and Technology, Jay Brandinger, recently announced his decision to resign as Executive Director of the New Jersey Commission on Science and Technology. Consequently, the Commission is seeking an Executive Director.
People
Rensselaer Polytechnic Institute named Nag Patibandla as director of the Center for Future Energy Systems, a New York State Center for Advanced Technology.
Markle Foundation to Donate $100 Million for Public Use of Internet
The Markle Foundation has announced plans to give away $100 million -- more than half of the Foundation's current endowment -- over the next five years for projects and programs to improve public benefit from the Internet. Recipients will include non-profit organizations as well as for-profit companies.
Awards are concentrated in four areas:
New York Science & Technology Program Funding Restored
New York Governor George Pataki amended his proposed FY 1997-98 budget to restore funding for the state's technology programs. Pataki's revised budget calls for more than $20 million for technology programs, almost twice what was originally submitted to the legislature in January.
People in S&T
New York Governor Pataki has nominated Dr. Russell Bessette to serve as the Executive Director of the New York Office of Science and Technology (NYSTAR). His appointment is subject to confirmation of the New York State Senate. Dr.
People in S&T
Governor Pataki appointed Dr. Roland Schmitt, president emeritus of Rensselaer Polytechnic Institute, as chairman of the NYSTAR advisory board.
Tech Initiatives Proposed for New Jersey
Governor Christie Whitman has announced New Jersey Jobs for a New Economy, a multi-million dollar package of technology-related initiatives to make New Jersey more competitive in the creation of high technology jobs.
Among the plan's proposals are the following technology-related investments:
Wealth of Information Offered by The Foundation Center
The Foundation Center is an independent, nonprofit organization established in 1956 with the mission to “foster public understanding of the foundation field by collecting, organizing, analyzing, and disseminating information on foundations, corporate giving, and related subjects.” Audiences include grant seekers, grant makers, researchers, policymakers, the media, and the general public.
CDVCA Job Opportunities
The Community Development Venture Capital Alliance (CDVCA) currently has three positions available: Investment Officer, Consulting Coordinator, and Director of Research & Training.
$130.6 Million NYSTAR Created
Most of New York’s science and technology initiatives have been consolidated into the New York Office of Science, Technology, and Academic Research (NYSTAR), which has received an annual budget of $130.6 million as a result of the Jobs 2000 Plan or “J2K” signed by Governor George Pataki in mid-November.
Executive Director Position Open
The New Jersey Manufacturing Extension Partnership (NJMEP) seeks qualified applicants for the position of Executive Director. A successful candidate will have a established record of entrepreneurship demonstrated through a history of leadership in firm or division status, new product launches, development of new marketing strategies, or similar endeavors. Applicants must have senior-level management experience in an industrial manufacturing firm with full profit and loss responsibility.
People
Joseph Magno, the executive director of the New York State Science and Technology Foundation, has resigned his position. He has accepted a position with the State University of New York Research Foundation.
People
Lenzie Harcum, former program director at the University of North Carolina SBTDC, is now assistant vice president of biosciences at the NYC Economic Development Corporation.
University R&D, Tech Big Winners in Competing NY Proposals
Whether it is proposal A, proposal B, or some combination of A and B, university research and development efforts in New York stand to gain an additional $40-50 million per year for the next five years. The new funding would be in addition to the $135 million injection of state funding directed toward university research excellence through the New York State Office of Science, Technology and Academic Research (NYSTAR).
New Jersey Launches $40 Million VC Partnership
After discovering that only 10 percent of the venture capital raised in New Jersey is invested in New Jersey companies, a new venture fund has been established combining private, state, and federal resources. The seed investment fund will be used to assist New Jersey start-up technology businesses get off the ground.
Rutgers Asks: Is It Time for the Next New Economy in NJ?
For many areas of the country, the first five years of the 21st century may well be remembered as a period of dramatic economic transformation, or the beginning of one as the rate of change continues at a fast clip. Having statistics for the five-year period of 2000-2005, however, provides the first opportunity for policymakers and academic researchers to look for meaning in the trends.
NBIA, NYSTAR Release Incubator Resources
There are a number of reasons why developing a business incubation program may be appropriate for your organization or community. Whether it is creating new jobs or developing and commercializing new technologies, business incubators can provide a variety of resources to help ensure that companies succeed. Two new handbooks document some of the best practices and successful business incubation models across the country.
Developing a Business Incubation Program
People
Michael Relyea has been named executive director of New York State Foundation for Science, Technology and Innovation, the public benefit authority that oversees the New York State Office of Science, Technology and Academic Research (NYSTAR). Dr. Russell Bessette, executive director of NYSTAR, will serve as chief science advisor for the foundation and its board.
Dems Take NJ, VA Governorships
Democrats took the year’s only two races for governor, electing Jim McGreevey in New Jersey and Mark Warner in Virginia.
NYC, Tech-based ED and September 11
With disaster comes opportunity for dramatic changes to occur through the healing and rebuilding processes. Floods, hurricanes and tornados have helped to energize devastated areas into becoming more vibrant communities. The deep recession of the late 80s and restructuring of many key industrial sectors ushered in many state tech-based economic development programs, the benefits of which are being felt more than a decade later.
Web Site of Tech Resources for Nonprofits Launched
Declaring September “Nonprofits & Technology Month,” the Foundation Center has launched a website presenting myriad financial and technical assistance resources to support the acquisition and use of information technology in nonprofit organizations.
Matching VC to Local ED Goals Expanding Rapidly
With so much attention given to increasing private seed and venture capital activity as a means of growing tech-based economies, one might expect that encouraging and attracting community development venture capital (CDVC) – that is, equity investments and entrepreneurial assistance to meet both profit targets and community development goals – would be a common element of a state or local community’s portfolio of economic development tools.
Stem Cell Research Initiative Could Result in Substantial Economic Benefits, Rutgers Report Indicates
Examining the components that would most likely be attributed directly to Acting Gov. Richard Codey's proposed $380 million Stem Cell Research Initiative, a Rutgers University study finds that, potentially, the state stands to benefit from an estimated $1.4 billion in new economic activity, approximately 20,000 new jobs, and $71.9 million in new state revenue over the next 20 years.
People
Michael Tentnowski is the new director of the Rensselaer Polytechnic Institute Incubator.