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Industrial research and development spending totaled approximately $145 billion in 1996, a 10 percent increase for the second year in a row. More than 83 percent of that funding came from industry itself with the federal government providing the remaining funds, according to a new Data Brief prepared by the National Science Foundation. Small businesses, those with 500 or less employees, spent slightly more than $20.2 billion or 14 percent of the total industrial R&D spending in 1996.

On June 25, Senators Bill Frist (R-TN) and Jay Rockefeller (D-WV) introduced a new bill, the Federal Research Investment Act (S. 2217). The purpose of the bill is to provide for the continuation of federal research investment in a fiscally sustainable way.

The National Science Foundation's (NSF) Division of Science Resources Studies has released three individual data briefs all pertaining to federal research and development funding trends.

Lou Tornatzky has announced that he will be stepping down from his position as Director of the Southern Technology Council (STC), a position he has held since 1993. Tornatzky will be relocating with his family to the West Coast, but will continue to serve as an STC Research Fellow.

The Education Commission of the States has released a report entitled "Transforming Postsecondary Education for the 21st Century." This report is the result of an extensive survey of Governors from the fifty states and Puerto Rico. Their perceptions regarding the need to reshape the higher education system to meet fundamental state needs is the focus of the study.

The environmental technology and services industry, and its contribution to the national economy, have been evaluated in a new report entitled "Survey of Environmental Products and Services." The report is the product of a collaborative effort between the U.S. Environmental Protection Agency (EPA), the Department of Commerce's International Trade Administration, and the Department of Commerce's Bureau of the Census.

The State of Maine, the University of Maine, the US Navy, and the Maine Science and Technology Foundation (MSTF) have signed an agreement that initiates a partnership to improve the stewardship of the state's natural resources.

Nadia Goodman, the Louisiana Department of Economic Development's Director of Policy, Planning and Technology, has announced that she is retiring effective June 30. In addition to being very active within the Science and Technology Council of the States (STCS), Mrs. Goodman has been a good friend of SSTI's since its creation. SSTI staff trust that she will continue to provide advice and offer insights from her new residence in Mexico.

Colorado

The Senate Committee on Commerce, Science and Transportation has favorably reported, with amendments, Senate Bill 1325, the Technology Administration Authorization Act for FY 1998-2000. The bill was originally introduced by Senator Frist (R-TN) in October of 1997.

The U.S. Senate Science and Technology Caucus, chaired by Senator Bill Frist (R-TN), held a roundtable discussion last week on the future of American innovation and competitiveness, specifically how to maintain America's science and technology edge in the world marketplace.

The U.S. Air Force has announced that its Small Business Innovative Research (SBIR) Program topics for FY99 will be released in mid-June. The Air Force is pre-releasing its topics before the Department of Defense's Pre-Solicitation in order to provide small businesses the maximum amount of time to ask technical questions. This early release offers the additional benefit of giving companies enough time to start marketing and networking.

A recent study found that 90 percent of industry participants benefitted in some way by participating in the National Science Foundation's (NSF) Engineering Research Center (ERC) Program. Nearly a quarter of all firms reported having developed a new product or process as a result of their interaction with an ERC, and two-thirds reported that their firm's competitiveness had increased.

The Clinton Administration has unveiled a new initiative entitled Partnership for Advancing Technology in Housing (PATH) which it believes could save consumers $11 billion a year in energy costs by 2010 and reduce annual carbon emissions by nearly 24 million tons.

SSTI has received funding from the National Science Foundation, the Department of Defense and the National Institute for Standards & Technology (NIST) to complete a study of state SBIR/STTR programs. The project is for the SBIR Working Group of the U.S. Innovation Partnership. As part of the study, SSTI will be interviewing state SBIR/STTR assistance providers and federal SBIR program managers over the next several weeks on a range of issues.

Price Waterhouse recently announced that venture capital investments in the first quarter of 1998 hit $3.6 billion, just slightly below the all-time high of $3.7 billion set in the fourth quarter of 1997. Compared to the first quarter of 1997, investments increased 54%. These findings were released in the Price Waterhouse Venture Capital Survey, a quarterly report of venture capital investments throughout the United States.

Ross Youngs, president of Univenture, Inc. of Columbus, Ohio, has been named the National Small Business Person of the Year. Youngs was selected from a field of 53 Small Business Administration (SBA) small business winners representing the fifty states, the District of Columbia, Puerto Rico, and Guam.

Rita Colwell was confirmed by the Senate on May 22 as the new National Science Foundation (NSF) Director. She is expected to be sworn in within a few weeks. Dr. Colwell was the President of the University of Maryland Biotechnology Institute and former President of the American Association for the Advancement of Science. She has a Ph.D. in marine microbiology from the University of Washington.

Maine lawmakers have passed an R&D investment package to increase the state's research and development capacity. The package includes a $20 million bond issue that must be approved by the voters in November.

The bond initiative would provide:

Dallas

The State of Tennessee has created a private, not-for-profit corporation--- the Tennessee Technology Development Corporation---to stimulate economic development through Tennessee's science and technology resources.

The corporation's responsibilities include:

The Manufacturing Extension Partnership (MEP) and its nationwide network of centers are stepping up efforts to help smaller manufacturers avoid being bitten by the "millennium bug." The Stamford, Conn.-based GartnerGroup, a leading authority on information technology issues, has reported that as of 1997, 88 percent of all companies with fewer than 2,000 employees had not yet started Year 2000 remediation projects.

Dr. Eugene Wong has been named assistant director for engineering at the National Science Foundation. As the head of NSF's engineering directorate, he will oversee a $320 million annual budget. His most recent position was with a start-up California company.

Dr. Eugene Wong has been named assistant director for engineering at the National Science Foundation. As the head of NSF's engineering directorate, he will oversee a $320 million annual budget. His most recent position was with a start-up California company.

Durand Smith, the director of the New Mexico Department of Economic Development's Science and Technology Division, has returned to the private sector. Marsha Oldakowski is serving as acting director of the division.