Incubators Offer Proven Tool for Tech Business Growth
State and local strategies to assist start-up business formation often focus on three elements to help nascent firms: securing much-needed funding or capital (either private or public), lowering the overall cost of doing business, or gaining the skill set or access to intellectual resources to succeed.
People
Bruce Johnson is the new Director of the Ohio Department of Development. Mr. Johnson formerly served in the Ohio Senate.
Butler County Lays Out $100 Million Tech Strategy
In an effort to create a high tech center, officials in Ohio's Butler County anticipate spending more than $100 million during the next five years to increase telecommunications, biomedical innovations, electronic commerce, and other research. Funding for the measure would come from as much as a half-penny sales tax hike, according to a story published August 1 by the Cincinnati Enquirer.
Conference Profile: Air Force Dual Use S&T Program
The Air Force Dual Use Science & Technology (AF DUS&T) Program is part of a congressionally mandated, tri-service program to cost-share research projects with industry for the development of a technology that has both military utility and sufficient commercial potential to support a viable industrial base.
Cincinnati Rolls Out "100-Day" Plan
The Greater Cincinnati Regional Technology Initiative has released revving up the tech engine, a strategic plan with more than 30 recommendations to improve Cincinnati's position in a tech-based economy. Giving themselves just 100 days to complete the plan when they started in Spring, the project was developed through six "Accelerator Teams" involving more than 200 volunteers from the three-state metro area.
Ohio Completes 2nd ECom Assessment
Ohio businesses experienced a 15 percent increase in overall Internet and website usage between 1999 and 2000, according to the 2001 report released by ECom-Ohio — a public-private collaborative project to increase Ohio's readiness for global electronic commerce.
Ohio Creates Aerospace/Defense Advisory Council
Ohio Governor Bob Taft last week signed legislation creating the Ohio Aerospace and Defense Council to examine state and federal laws, rules, and policies that affect the two industries and associated federal installations in Ohio. Ohio is home to Wright Patterson Air Force Base, the state’s largest single-site employer, and the NASA Glen Research Center in Cleveland.
Six objectives are to be addressed by the council:
People
SSTI welcomes Brandon Lawrence to its staff as a Graduate Research Assistant. Brandon holds a BS in microbiology from Miami University (Ohio) and is working on his MBA at Ohio State University.
Funding Opportunities, Inventions & SBIR Special Issue
Due to length considerations, this week's Funding Opportunities Supplement to the SSTI Weekly Digest was sent separately.
Search Capability Returns to SSTI Website
Ever wonder how many SSTI Weekly Digest articles have covered tax credits? (Answer is 47) strategic plans? (35), biotechnology? (80), workforce issues?(92), indicators? (14), telecommunications? (77), math & science? (50), capital, both seed and venture? (150)
To help make your research efforts easier, SSTI has restored the search feature for our website: http://ssti.org.master.com Feedback from users would be appreciated.
People
SSTI welcomes Anulet Jones to our team as a Research Assistant. Ms. Jones has an engineering degree from Georgia Tech and is working on her MBA at Capital University in Columbus, Ohio.
People
SSTI welcomes Mark Kish to the staff as our new Writer/PR Assistant. Mark will assist with the SSTI Weekly Digest, updating and expanding our website, and planning for our September 19-21 annual conference.
SSTI Job Corner
For more information on the positions below, visit SSTI's online Job Corner at http://www.ssti.org/posting.htm.
SSTI Weekly Digest Takes Spring Break
The SSTI Weekly Digest will be taking a brief spring break and will resume publication on Friday, April 6.
For the “Oh, Yeah?” Department: More on Local Technology Incubators
Editor’s Note: For the skeptical Digest reader that viewed our assertion in last week’s issue that there is an average of at least one incubator-related article published somewhere in the country each day. Since we have several clippings on hand, it is easy to provide more examples of the continuing explosion of communities and states using non-profit incubators as tools for developing and expanding tech-based economies.
Career Opportunity in Tech-based ED
The Office of Technology in the Utah Department of Community and Economic Development seeks an Assistant Director for the Centers of Excellence Program. The position's responsibilities include promoting the development of new and established Centers that will assist the state economy to expand in focused technology areas. Deadline for application is February 23, 2001.
What's Next for TBED?
While politicians across the nation are worrying about where their paycheck will come from in January, TBED programs are determining the best investments elected officials should make for transforming regional economies to be more competitive in a knowledge economy. Join SSTI in Oklahoma City Nov. 1-2 to learn about some of the most successful TBED strategies around the country and trends that should influence future directions.
Maximize Your Professional Development Dollars with Pre-conference Options
On Oct. 31, SSTI will offer four exciting options as pre-conference activities. Registration is separate from the full conference fee.
Transforming a Regional Economy: Moving Forward Together
Utah's Centers of Excellence: A 20-year Review
Since the creation of its Centers of Excellence (COE) program 20 years ago, the state of Utah has invested in aggregate $49.4 million, resulting in the development of 185 spin-off companies throughout the years, according to a recent review of the COE program, authored by the Bureau of Economic and Business Research at the University of Utah.
Brookings Provides Regional Strategies to Improve Great Lakes' Economy
As Ohio's General Assembly is poised to vote this week on whether or not to join a multi-state/province compact to govern use of Great Lake waters, the Brookings Institution is recommending a similar regional approach for coping with the area's economic future.
People
Columbus State University (Ga.) appointed James Bowie as director of its Columbus Technology Incubator.
People
Ohio Gov.-elect Ted Strickland announced he will nominate Lieutenant Gov.-elect Lee Fisher to be the state's development director.
Obtaining the Resource Guide for TBED
A Resource Guide for Technology-based Economic Development is available from SSTI as a free, downloadable PDF at http://www.ssti.org/Publications/Onlinepubs/resource_guide.pdf or as an inexpensive 90-page bound book (a format still more likely to be perused by most legislators or gubernatorial staff than a pile of printouts). Single print copies are $15 plus shipping and handling.
SSTI Brought 1,400+ Funding Opportunities to Subscribers in 2006
So far this year, SSTI's Funding Supplement has made its subscribers aware of more than 1,450 different opportunities to secure funding. Another 40-50 new opportunities will be included in this week's issue. If you aren't a subscriber, your client companies, academic researchers, and state and local TBED efforts are at a significant disadvantage.
Want Some Advice on Your TBED Efforts?
SSTI's most recent publication, A Resource Guide for Technology-based Economic Development, provides valuable insights into three of the most important elements of transforming regional economies: