Funding Scheme to Support R&D for Large Companies in Scotland
In order to provide further incentives for crucial research and development (R&D) and to encourage more industries to carry out R&D in Scotland, Scottish Enterprise, the economic development agency for Scotland has launched a new funding scheme.
College Affordability Dropping in Most States, Especially among Low-income Students
Thirty-six states received failing grades on a biennial report card that reveals the cost of attending college represents a higher portion of American families’ incomes today than it did a decade ago. A separate report from the Pell Institute supports those conclusions by showing students from the lower-income bracket are finding it more difficult than ever to keep pace with rising tuition costs.
Useful Stats: State Rankings for Change in College Affordability, 1994-2004
The importance a well educated populace plays in a knowledge-based economy is a given for most tech-based economic development strategies. Ensuring that a larger percentage of the population pursues that education through and beyond high school is another matter -- often the responsibility of other state agencies, organizations and decision makers.
People
The Piedmont Triad Entrepreneurial Network recently selected Lisa Blakely, a former Bank of America executive, as its CEO.
People
Earlier this month, Gov. Ernie Fletcher announced Darrell Brock and Jim Host as new co-chairmen of ConnectKentucky. Brock, commissioner of the governor's Office for Local Development, and Commerce Cabinet Secretary Host joined existing chairman John Hall, retired chairman and CEO of Ashland Inc.
People
The Alaska MEP, a new nonprofit entity formed by the Alaska Native Arts Foundation and the Anchorage Economic Development Corporation, has named Robert Pope as the first Interim Director.
People
The Metropolitan Development Association, of Syracuse and Central New York, also recently named a new chairman, John Zawadzki, of its Regional Development Alliance.
People
The Piedmont Triad Entrepreneurial Network recently selected Lisa Blakely, a former Bank of America executive, as its CEO.
MEP, ATP Sail Through Senate Appropriations
Both the Manufacturing Extension Partnership (MEP) and the Advanced Technology Program (ATP) would see budget increases in FY 2005 if the version of the Commerce, Justice, State Appropriations Bill that passed the Senate Appropriations Committee last week survives what is expected to be a contentious conference with the House on an mega-omnibus appropriations bill sometime after the election.
Report Finds Info Tech Lost 403,000 Jobs Since Bubble Burst
More than half since recession "officially" ended
There is little comforting news in a new statistical report for workers in the U.S. information and communication technologies (ICT) sector. Researchers from the University of Illinois-Chicago found the sector lost 403,300 jobs between March 2001 and April 2004.
U.S. Colleges and Universities Boast High Entry Rates, Less Attainment
While it appears that federal programs in the U.S. have succeeded in efforts to increase enrollment in higher education, the nation has fallen behind in retaining college graduates, according to a new report from the Organisation for Economic Co-operation and Development (OECD).
Manufacturing and the Future of the Industrial State: A Michigan Case Study
During the recent past, heavy loss of manufacturing jobs has created considerable economic upheaval in several states, particularly the industrial heartland of the country where manufacturing represents more of a state's private payrolls than the national average. Michigan, alone, lost 18 percent of its manufacturing-related jobs from 2000 to 2003, a staggering 163,000 mostly high-wage jobs. Still, the manufacturing sector comprises 17 percent of the total jobs in the Great Lakes state.
Malaysia Outlines Aggressive S&T Efforts in 2005 Budget
Seekers for evidence of the increasingly global nature of competition on the research and innovation levels need look no further than some recent announcements stemming from Malaysia.
Resource for Entrepreneurship Education and Community Colleges
The role community colleges play in building tech economies has grown substantially during the past decade beyond important, yet traditional, worker training programs. A new compendium from the National Association for Community College Entrepreneurship (NACCE) provides several examples of efforts by its 14-member community colleges and technical schools to foster entrepreneurship. Highlighted programs include:
Minnesota Cluster-Entrepreneurship Conference Presentations Available
The presentations from last week's conference, Knowledge Clusters and Entrepreneurship in Regional Economic Development, now available online, provide a good introduction to many of the topics and issues to be discussed at SSTI's annual conference, Building Tech-based Economies: Preparing for Tomorrow's Challenges, in Philadelphia, Oct. 13-15.
New Jersey Commits $25M for Innovation Zones
Location-based tax incentives to encourage the clustering of technology companies in distressed areas or around research universities has grown in popularity since Michigan's smart zones were created several years ago.
North Dakota TBED Efforts Receive $1.2M from EDA
Securing the multi-year funding needed to properly ramp up technology-based economic development (TBED) initiatives can be difficult in states with annual budget cycles and tight revenue streams. Fortunately, there is one federal agency that provides financial assistance increasingly toward local and regional projects matching the interests of the nation's TBED community.
NIH Awards $20M for Studies in Ethical, Legal and Social Aspects of Genomics
As part of a new initiative to address pressing ethical, legal and social questions raised by recent advances in genetic and genomic research, the National Human Genome Research Institute (NHGRI) has awarded approximately $20 million in grants to fund interdisciplinary centers within universities around the country over the next five years. NHGRI is one of the National Institutes of Health (NIH).
NSF Identifies Best Minority SMET Programs
The need for programs to encourage science, math and technology education (SMET) among most minority groups becomes evident when one consider the nation’s need for a high skilled workforce, the growing portion of the total population divided among minority groups, and the low percentage most minorities represent of science and engineering professionals.
NWBC Offers Insight for Minority Women Entrepreneurs
Measured over a three-year period, minority women-owned businesses had similar survival rates and employment growth compared to all women-owned firms, according to a recent series of federal reports. However, when measured against other minority women-owned firms, African American women-owned businesses showed greater job loss and lower survival rates.
Useful Stats: State Median Household Income, 2002-2003
Real median household income remained unchanged between 2002 and 2003 at $43,318, according to a report released last week by the U.S. Census Bureau. The report, Income, Poverty, and Health Insurance Coverage in the United States: 2003, includes data collected from the 2004 Annual Social and Economic Supplement to the Current Population Survey.
BFTP Seeks Director of Investment, Entrepreneurial Services
Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP), a nonprofit economic development organization based in Philadelphia, seeks someone to serve as director of its investment and entrepreneurial services. Established in 1982, BFTP exists to stimulate economic growth through innovation, entrepreneurship and the development and adoption of new technologies.
Final Week for SSTI Conference Discounts
The discounts ending this week on registration and accommodations for SSTI's annual conference will pay for much, if not all, of your round trip airfare to Philadelphia, so we encourage you to act soon on both. Or you can use the savings toward having one of your colleagues attend as well!
People
Utah State University named J. Michael Brooks as director of its Innovation Campus. He will also serve as associate vice president for research and economic development, beginning Sept. 20.
People
Utah State University named J. Michael Brooks as director of its Innovation Campus. He will also serve as associate vice president for research and economic development, beginning Sept. 20.