Tobacco Settlement Board Commits Up to $20M for Life Sciences in Pa.
Pennsylvania's Tobacco Settlement Investment Board (TSIB) recently approved a commitment of up to $20 million to Birchmere Ventures III LP to invest in life sciences companies based in Pennsylvania. Birchmere Ventures III, a new fund jointly formed by Pittsburgh-based Birchmere Ventures and San Francisco-based Bay City Capital, will raise up to $150 million.
CIT Initiative Addresses Capital "GAP" for Early-stage Tech Companies
Virginia's Center for Innovative Technology (CIT) announced on Monday a new investment initiative to help close the capital gap for the state's early-stage technology businesses. CIT, a state-chartered nonprofit corporation, will launch the Growth Acceleration Program (GAP) on Dec. 15, 2003, to address the funding void created by a recent shortfall of angel capital.
People
Virginia's Institute for Defense and Homeland Security recently named Henry Connors Jr. as its business development director.
People
Dr. Doros Platika is the new chief executive officer of the Pittsburgh Life Sciences Greenhouse.
Pennsylvania Gov: $500M for Bioscience Research Initiative
Pennsylvania Gov. Ed Rendell is set to release his fiscal year 2006-07 budget request later this week, which is expected to significantly redesign the state's investment in biotechnology and life science research, according to materials released by the governor's office.
Useful Stats: 2002 S&E Doctorate Awards by State
The National Science Foundation (NSF) has released a statistical report on Science and Engineering Doctorate Awards: 2002. The data show trends in science and engineering (S&E) doctorate awards by S&E field and recipient characteristics, institutions awarding doctorates, and postgraduation plans of recipients.
People
Dr. Melvyn Schiavelli, senior program officer for the Harrisburg Polytechnic Development Corporation, has been named acting president and CEO, succeeding Dr. Charles Clevenger.
NSF Issues 24 Math and Science Partnership Awards
The National Science Foundation (NSF) recently announced 24 awards under the new Math and Science Partnership (MSP) Program — an anticipated investment of $240 million over five years in projects to improve the achievement of K-12 students in science and mathematics. The Department of Education is an NSF partner in this effort, co-funding two projects involving state education agencies.
NASA Selects Corporation to Lead Innovative Research Institute
NASA has announced the Langley Research Center in Hampton, VA, will team with the National Institute of Aerospace Associates (NIAA), Reston, VA, to create the National Institute of Aerospace (NIA) to perform aerospace and atmospheric research, develop new technologies for the nation and help inspire the next generation of scientists and engineers.
Virginia Governor's Tech Plan Defines CIT Roles
The future of Virginia's Center for Innovative Technology (CIT) became clearer on Wednesday with Governor Mark Warner's release of Commonwealth of Virginia Strategic Plan for Technology for 2002-2006. CIT has a lead position for half of the eight initiatives outlined in the 129-page document.
Highlights of "One Virginia," CIT's portion of the plan, call for:
POWER to Stem Brain Drain in Northeastern PA
Many areas of the country are experiencing a brain drain, an outmigration of recent college graduates leading to a decline in the available labor pool of entry level workers, young entrepreneurs and future civic leaders. A new initiative, however, hopes to reverse that trend in Northeastern Pennsylvania by strengthening the social, networking and professional relationships among young skilled workers in the Wilkes-Barre region.
People
Anne Armstrong, who in July resigned as president of Virginia's Center for Innovative Technology, is returning to Federal Computer Week as its publisher. Armstrong was with the weekly publication prior to joining CIT.
People
Secretary of the Pennsylvania Department of Community and Economic Development for the past five-and-a-half years, Sam McCullough is resigning effective October 25.
People
Jerald Coughter, industry director for biotechnology and medical applications for Virginia’s Center for Innovative Technology (CIT), has been named executive director of Governor Mark R. Warner’s Advisory Board for the Virginia Biotechnology Initiative.
GPF, Science Center Team Up to Help Entrepreneurs
Greater Philadelphia First (GPF) and the Science Center, a consortium of 34 regional academic and scientific institutions, have established a major new joint initiative designed to make it easier for science and technology entrepreneurs to start, grow and expand their businesses. Modeled on UCSD CONNECT in San Diego, CONNECT Greater Philadelphia will assist entrepreneurs by linking them with needed business, academic and other resources.
People
Maxine Lunn is leaving her position as Vice President for Technology Programs at Virginia's Center for Innovative Technology to work in international development.
People
The Ben Franklin Technology PArtners of Central and Northern Pennsylvania promoted Stephen Brawley to serve as president and CEO.
People
Alan Brown was named executive director of the Pennsylvania NanoMaterials Commercialization Center, a newly formed economic development initiative.
Economic Strategy Penned for Roanoke Region
With several of the right elements already in place but scattered across a wide area, the two planning districts comprising the 13-county region surrounding Roanoke, Virginia, combined efforts to develop a strategic economic development strategy that focuses heavily on science and technology-based initiatives.
TBED People News
Jeanne B. Berdik has announced her retirement as Vice President of Workforce Education and Development at the Pittsburgh Technology Council and Catalyst Connection. See next article for job posting.
PTC Seeks VP for Workforce Development
SSTI Affiliate, the Pittsburgh Technology Council (PTC) seeks candidates to become the organization's Vice President for Workforce Education and Development. The senior-level position is responsible for the management of all Catalyst Connection and Pittsburgh Technology Council education programs and services and IT workforce development and recruitment strategies.
A 30-year Look At Support for Academic R&D
The importance of strong academic R&D capabilities in building state and regional tech-based economies cannot be overstated. Subsequently most states, either independently or in partnership with federal EPSCoR programs, are making investments toward strengthening their academic research enterprises. Some also have invested in programs to attract, leverage or match federal R&D investments.
TBED People
Anne Armstrong, president of Virginia's Center for Innovative Technology since 1999, has resigned from the position effective the end of this month. Virginia Secretary of Technology George C. Newstrom will serve as Interim President during a search for a new president.
People
Kevin Harter is leaving his position as president of the Central Pennsylvania Technology Council to become senior vice president of the new Life Sciences Greenhouse of Central Pennsylvania.
People
Pennsylvania Governor Mark Schweiker has been named President and CEO of the Greater Philadelphia Chamber of Commerce. The Governor will assume his new position on Feb. 1.