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.
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.
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.
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:
People
Bill Madia is leaving his position as director of Oak Ridge National Laboratory to oversee all Department of Energy business for Battelle Memorial Institute.
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.
People
Andrew Kim is the new policy director for Tennessee Governor Phil Bredesen.
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.
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.
People
The interim director for Cleveland's new Industrial Technology Institute will be Charles Alexander, dean of the College of Engineering at Cleveland State University.
People
Caroline Young has been named executive director of the Tennessee Biotechnology Association and director of the Tennessee Technology Development Corporation's life science initiative.
People
The Wright Center of Innovation for Advanced Data Management and Analysis changed its name to daytaOhio and named Paul Cashen as its new president.
People
Ted Ford, former president and CEO of the Edison Welding Institute, recently was named president and CEO of TECHColumbus.
SSTI Affiliate Program Takes Off
Already, more than 20 organizations are taking advantage of SSTI's new affiliate membership program. In addition to being able to tap into SSTI's resources, among the benefits available to SSTI affiliates are two perks that many are taking advantage of: discounted registration fees for Building Tech-based Economies: From Policy to Practice, SSTI's Sixth Annual Conference and a 10 percent discount on any purchases from SSTI's 150+ title bookstore and catalog.
Final Chance for Warm Fuzzy
You know that feeling you get when you've done something nice for no apparent reason? Or at least the grounds for being good are hidden so deeply within you that you aren't aware of the potential payoff?
Well, the annual readers' survey for the SSTI Weekly Digest presents another one of those opportunities to ignite or rekindle that warm inner glow that made the Grinch's heart grow three sizes that day.
People
The Senate unanimously confirmed Anne B. Pope of Tennessee as Federal Co-Chairwoman of the Appalachian Regional Commission. Pope currently serves as Commissioner of the Tennessee Department of Commerce and Insurance.
People
John Bradley is the Tennessee Valley Authority's as its first chief of economic development. Bradley had been senior vice president of economic development at the Memphis Regional Chamber of Commerce.
Central Tennessee Gets New Life Science Campus
Construction is underway for the Cool Springs Life Sciences Center (CSLSC), a $74 million biomedical research facility planned for Franklin, TN, 15 miles south of Nashville. When completed, the 10-acre center will be home to life sciences-focused R&D facilities for biotech, pharmaceutical and medical device companies.