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Former U.S. Congresswoman Connie Morella has been sworn in as the US Ambassador to the Organization for Economic Cooperation and Development.
Former U.S. Congresswoman Connie Morella has been sworn in as the US Ambassador to the Organization for Economic Cooperation and Development.
SSTI extends its sympathies to the family of Indiana Governor Frank O'Bannon. During his interrupted term in office, Gov. O'Bannon proved to be a strong friend of tech-based economic development efforts in the state.
Gov. Jim Doyle last week unveiled his plan to jumpstart the Wisconsin economy. The plan, "Grow Wisconsin," calls for a series of executive actions, private sector partnerships and legislative steps to create high-wage jobs and achieve other goals. Some of the tech-based economic development items outlined in "Grow Wisconsin" are:
Gov. Mitt Romney outlined a legislative package on Monday totaling $125 million designed to create more jobs. Many elements of the package target the science and technology communities.
Investments in science and technology (S&T) – from higher education to industry research and development (R&D) – are the decisive factors in creating a sustainable economic future, a new study finds.
Approximately $350 million in grants recently awarded by one of the nation's leading biodefense research agencies are intended to lessen the effects of any future bioterror attack. Administered by the National Institute of Allergy and Infectious Diseases (NIAID), the funding will be spread over five years for establishing eight Regional Centers of Excellence for Biodefense and Emerging Infectious Diseases Research (RCEs).
Specialization may be the key to successful economic development strategies based on the life sciences, suggests the September issue of the fedgazette, published by the Federal Reserve Bank of Minneapolis. This month's entire e-zine focuses on two issues of importance to many state and local tech-based economic development professionals — biotechnology and clusters.
The availability and use of equity capital for early-stage investments varies greatly across the country. Seen as an integral component of most tech-based economic development, access to venture capital (VC) is on the agendas of several states — but several different approaches are used to address the problem. Recent announcements in four states illustrate the point:
A new study examining the post-Sept. 11 economy of New York argues the city's traditional approach to economic development, one which has banked on a few favored sectors such as financial and business services, is outdated and should be reconceived.
Nineteen projects figure to share in the $23 million awarded last week by the U.S. Department of Agriculture (USDA) and the Department of Energy (DOE) for biomass research, development and demonstration activities.
Two new grants, each greater than $1 million, have been awarded by the National Science Foundation (NSF) to study the societal implications of nanotechnology — the emerging discipline that seeks to control and manipulate matter on a molecular scale. The grants are the largest awards the foundation has ever devoted exclusively to research in societal implications.
Tight budgets are causing many state and local tech-based economic development (TBED) programs to delay new initiatives, even forcing some to scale back on the services already provided. But mottos like "getting more bang for the buck" and "doing more with less" are fast becoming tired, transparent clichés.
Through an editorial glitch between browsers, the two external links were inoperable in the lead story in last week's issue of the SSTI Weekly Digest, "President Wants Point Person on Manufacturing." Corrected links are available below and on the Web version of last week's issue (http://www.ssti.org/Digest/2003/090503.htm).
On Jan. 26, New York Gov. George Pataki and State Senate Majority Leader Joseph Bruno announced legislation to create a $200 million Biotechnology and Biomedicine Research Initiative through the New York State Charitable Assets Foundation.
The U.S. Department of Labor (DOL) recently announced the 13 recipients for one of the most anticipated new federal workforce programs to be launched in several years. The $195 million Workforce Innovation in Regional Economic Development (WIRED) program attempts to integrate human capital issues of talent and skill development into larger technology-based economic development strategies.
Despite overall signs of improving fiscal health in 2005, half of the nation’s cities have been forced to raise new revenues to address gaps created by rising employee health care and pension costs, as well as increases in public safety and infrastructure needs, according to a National League of Cities (NLC) survey released last week.
Many Wall Street analysts reacted to last month's jobs numbers with fears of inflation, but a new report released by the U.S. Conference of Mayors Jan. 27 finds those new jobs often are associated with smaller paychecks than those before the last recession. A declining standard of living is not a goal for any state or local economic development program, so the findings present new challenges on how to create higher wage jobs in the future.
With state revenues posting a surplus, Florida Gov. Jeb Bush used his 2006-07 budget proposal to make his largest request yet to support efforts to diversify the state's economy through technology-based economic development (TBED). In total, the budget provides $630 million for several new research-focused initiatives, business recruitment funds, and other economic development programs.
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.
Not all of the pieces critical to building an innovation-based economy have to cost hundreds of millions of dollars, as might be suggested in the Florida and Pennsylvania stories above. Gov. Matt Blunt's Feb. 2 call for the state to provide $2 million for a new Missouri Life Science Incubator - designed to help researchers move their science from the laboratory to commercial businesses - provides a case in point.
President Bush announced on Monday that he has told Commerce Secretary Don Evans that he wants him to appoint an assistant secretary “to focus on the needs of manufacturers, to make sure our manufacturing job base is strong and vibrant.” The President made the announcement saying, “I understand for a full recovery, to make sure people can find work, that manufacturing must do better...We’ve lost thousands of jobs in manufacturing, some of it because of productivity gains...but some of i
The Bullitt County Economic Development Authority of Kentucky has named Bob Fouts as interim director.
The Connecticut Technology Council has named Matthew Nemerson as its new President and CEO, replacing Michael Theodore.
Gwyn Riddick recently was named director of the new Piedmont Triad office of the North Carolina Biotechnology Center.
Gary Schneider is the new chairman of the Greater Columbia Chamber of Commerce (S.C.).