SSTI Digest
Geography: Maryland
Useful Stats: NIH Awards by State, FY 2001-05
Increasing federal funding for life science research is one of the most significant ingredients for improving a state’s position in building a strong biotech and biomedical sector. As appropriations for the National Institutes of Health (NIH) were increasing annually – as they did in the last half of the 1990s and the first few years of this decade – this was not a zero-sum game. All states could win.
That is less likely to be the case if increases in NIH appropriations barely keep pace with inflation as Congress and the Administration shift research priorities toward other areas of science and engineering.
So how did everyone do during times of plenty? To answer this, SSTI has compiled a table of the National Institutes of Health (NIH) awards in total dollars and state rankings from fiscal years 2001-05. The states, ranked by percent change over the five-year period, show South Dakota (132.28), Louisiana (115.52), Montana (113.13), Indiana (96.61) and North Dakota (96.60) posted the greatest gains.
People
Gov. Martin O'Malley has appointed Clarence Bishop to serve as interim secretary of the Maryland Department of Business and Economic Development, replacing Aris Melissaratos.
Save the Dates!: SSTI's Annual Conference Set for Oct. 18-19, 2007
As you begin to fill in your 2007 calendar, remember to mark Oct. 18-19, 2007 to attend SSTI's 11th annual conference in Baltimore! Past attendees know SSTI's conference is the perennial premiere professional development event for the TBED community. And 2007 will be no exception. The conference will be held at the Renaissance Baltimore Harborplace Hotel, right on the city's exciting waterfront. As in past years, the conference agenda will be set by our members and affiliates to ensure the most timely and relevant topics for transforming regional economies. Look for more information on SSTI's website soon. Please contact Noelle Sheets, director of membership services, at 614.901.1690 if you have any questions.
People
Wes Blakeslee is the new acting director of the Office of Licensing and Technology Development at Johns Hopkins University. Blakeslee replaces Jill Sorensen, who resigned last month.
People
Ray Dizon is the new managing director of the Maryland Venture Fund, replacing Elizabeth Good.
Maryland TEDCO Tops VC List for Third Year in a Row
For the third year, the Maryland Technology Development Corporation (TEDCO) has been named the nations most active source of early-stage or angel capital. TEDCO leads the list of the 100 top venture capital firms, based on the quarterly MoneyTree survey published by PriceWaterhouseCoopers, Thomson Venture Economics and the National Venture Capital Association (NVCA). The 2005 list appears in the July issue of Entrepreneur magazine.
Each venture capital firm on the list reported at least three deals in 2005. Because of ties, this years ranking includes 120 firms. Maryland TEDCO improved on its figure of 15 deals in 2004 to fund 23 early-stage firms.
TEDCO bucked the national trend, which showed the number of initial venture capital deals dropping significantly. Entrepreneur reports the total number of companies that won initial capital fell from 654 in 2004 to 608 last year. On average, these companies received $4.8 million, for a total of $2.9 billion. Both figures are at their highest point in four years.
Senate Appropriators Finally Concur on ATP Demise
Supporters of NIST's Advanced Technology Program (ATP) have weathered years of attempts by members of the House and the Bush Administration to eliminate the program, but this may be the biggest hurdle yet: The Senate Appropriations Committee approved language calling for the program's termination as part of the Department of Commerce fiscal year 2007 appropriations. The first of only two ATP-related sentences included in the Senate Committee report 109-580 accompanying H.R. 5672 conveys the weariness of the battle as the Committee conveys their defeat: "The Committee will allow for the phase out of activities for ATP. No funds are provided in fiscal year 2007 for ATP, and the Committee believes that sufficient funds were provided as part of fiscal year 2006 under this title to cover all necessary close out costs associated with ATP."
Maryland University-Industry Program Sees 74 Percent Boost in Funding
Maryland General Assembly approval of a $1 million boost for the Maryland Industrial Partnerships (MIPS) Program, one of the nation's oldest continually run programs to support university-industry research projects leading to technology commercialization, marks a 74 percent increase above the $1.35 million program budget for 2006. The increase was proposed by Gov. Robert Ehrlich in his fiscal year 2007 supplemental budget.
MIPS was authorized by the state in 1987 to promote the development and commercialization of products and processes through industry-university research partnerships. The program provides funds to Maryland companies to pay for university research. Since its inception in 1987 through 2003, 32 rounds of awards were completed.
People & Organizations
The Maryland Department of Business and Economic Development appointed Christine Plater as its new director of small business programs.
People
The State of Maryland has created a new Small Business Programs unit as part of the Governor's Office of Business Advocacy and Small Business Assistance.
People
Aaron Greenfield will serve as the new director of the Anne Arundel County Economic Development Corp. in Maryland.
People
Roger Kilmer was appointed director of the Hollings Manufacturing Extension Partnership program at the National Institute of Standards and Technology. Kilmer served as acting director since Kevin Carr's departure last June.