In the April 26, 1996 Issue:

Copyright State Science & Technology Institute 2003. Redistribution to all others interested in tech-based economic development is strongly encouraged — please cite the State Science & Technology Institute whenever portions are reproduced or redirected.

Subscription to the SSTI Weekly Digest is free. If you are reading a forwarded copy of this issue and would like to receive your own copy each week directly, please subscribe at http://www.ssti.org/Digest/digform.htm. Requests to unsubscribe also may be completed at http://www.ssti.org/Digest/digform.htm.


SSTI On the WEB
The State Science and Technology Institute has launched its home page on the World Wide Web. The site serves as a one-stop resource for cooperative technology program managers. The site provides information on SSTI activities including information services and research.

One of the key information services provided by SSTI is reporting up-to-date activity from Washington D.C. on matters related to science and technology, particularly as they affect state programs. Our home page has a link to FYI messages from Chris Coburn, President of SSTI, that report Washington happenings.

A major area of the site provides detailed descriptions of state cooperative technology programs. At the end of each state profile is:

a contact person for the state, who can provide information about its programs and other services the state offers; a link to the state's home page; and links to the state's economic development and S&T home pages, where available.

The profiles are from the book Partnerships: A Compendium of State and Federal Cooperative Technology Programs. The profiles will be updated over the coming year and the revised descriptions will be put on the SSTI home page.

Through an arrangement with the American Society of Mechanical Engineers (ASME), visitors to the SSTI home page can call on the resources of ASME experts in eight technical groups (basic engineering, energy conversion, energy resources, environment and transportation, general engineering, manufacturing, materials and structures, and systems and design). The home page allows for a quick e-mail to the experts with whatever technical question the user faces.

The home page also contains links to other science and technology and state resources that are of use to cooperative technology program managers. Those links will be expanded in the near future.

Look on the home page in the future for new additions, including copies of the Digest and summaries of the Institute's issue briefs.

The SSTI web site is made available through the facilities of the Colorado Advanced Technology Institute and the generous assistance of Phillips Bradford.


MEP Eases Access to Services
Small and medium-sized manufacturers looking for assistance in solving technical and business problems now have improved access to the Manufacturing Extension Partnership (MEP). MEP is a nationwide network of locally managed centers in 42 states and Puerto Rico offering technical assistance to smaller manufacturers.

Dialing 1-800-MEP-4MFG will directly link companies with the nearest MEP affiliate or to MEP headquarters in Gaithersburg, Maryland. Those with access to the World Wide Web can also find information on the MEP home page at http://www.mep.nist.gov. The page, called "The MEP Source", includes a map highlighting centers and field offices. The Source includes information both for companies and for those who operate the centers.


Position Available

Seed Capital Venture Fund Manager
The newly created Seed Capital Venture Fund in Cleveland, Ohio is seeking a fund manager. The fund will be professionally staffed with experienced managers who have a substantial ability to drive the fund to invest for returns, not perform community service. Key elements of the fund's structure include its focus on seed capital and early stage investment in technology-based companies in the State of Ohio, with heavy emphasis initially on Northeast Ohio opportunities.The structure of the fund is a limited partnership with a 10-year life. Gains will be shared 80/20 with the Fund Manager who will in turn share 3 to 4 points with appropriate nonprofit "intermediaries." A Board of Advisors comprised of members of the venture capital community, representatives of Cleveland Tomorrow (similar to the chamber of commerce) and state-wide members will help in raising capital, but will not make investment decisions.

Candidates for this position must have a minimum of five years of successful investment experience, most of which should have been focused on true early stage investments. An engineering degree or basic science education would be helpful, but is not required. The better candidates will likely have an M.B.A. This fund MUST be run from Cleveland, so relocation may be required.

Send resumes to: Seed Capital Venture Fund, Fund Manager Position, Heidrick & Struggles, 600 Superior Avenue East, Suite 2500, Cleveland, Ohio 44114-2650. Only those candidates selected for further consideration will be contacted.


State Science & Technology Institute
5015 Pine Creek Drive
Westerville, OH  43081
Phone: (614) 901-1690
Fax: (614) 901-1696
Email: ssti@ssti.org

© 2003 State Science and Technology Institute. All rights reserved.