SSTI Digest
Geography: Maryland
People
John Murray has been named executive director of the Maryland Economic Development Commission.
People
Christopher C. Foster is the new state technology coordinator at the Maryland Department of Business and Economic Development.
ATP Shines in Latest Two Independent Reports
Editor's note: Few federal programs that fund research have undergone as much independent review and outside scrutiny as the Advanced Technology Program (ATP) within the National Institute of Standards and Technology and come out with high marks nearly every time. Yet two more independent papers described briefly below find that ATP funds make a positive difference for spurring innovation and commercializing technology. The program effects and encourages change that accelerates the development and adoption of technologies with large scale, national impact.
Encouraging Youth Entrepreneurship
Whether the reason is to spur more innovation among students, fight the brain drain of graduates or simply help to build tech-based economies, many states, communities and universities are targeting a portion of their efforts toward encouraging tech-based entrepreneurship among their young residents and college students.
If the purpose is to encourage students to consider more risk-taking career options like tech-based entrepreneurship after graduation, then business plan competitions may prove beneficial. While only a few team or individual business plans may win the award in a given award cycle, the process of developing the concept and preparing the plan for all applicants can be useful for launching a more entrepreneurial mindset in the college or university.
People
David Iannucci is the new head of the Baltimore County Department of Economic Development.
Bioscience Initiative Pushes for Jobs in Baltimore
Placing a high priority on the biosciences as a measure for long-term economic development, the Baltimore Workforce Investment Board (BWIB) has released a strategic plan that aims to ensure growth, in part, by securing a highly motivated and well trained workforce for the city's bioscience sector.
Conducted by two consulting firms, the Baltimore Bioscience Initiative finds that the city and surrounding region already have a sizable employment base of approximately 11,000 people. The majority of this workforce is housed at university medical schools and hospitals and National Institutes of Health (NIH) laboratories, the report states. Of the 78 companies (4,800 employees) that make up the bioscience sector, however, 12-15 percent of their workforce is comprised of low-skill workers, such as lab assistants, technicians, production technicians and clinical technicians.
Maryland Governor-elect Forms Commission to Promote Tech Business
Gov.-elect Robert Ehrlich has officially put forth his first economic development initiative for Maryland, according to recent press reports. His initiative, the creation of the Commission on Development of High Technology Business, is designed to encourage more technology business in the state.
The reports state Gov.-elect Ehrlich hopes to receive recommendations from the panel by July 2002 "on whether the state can change regulations to cultivate technology jobs." By the second year of his term, he plans to use their feedback to present a complete technology agenda to the State Legislature.
In a press statement, Gov.-elect Ehrlich said his "administration will strengthen investments in biotech incubators, streamline its technology funding programs, and help Maryland schools turn out the workers our hi-tech economy needs to thrive."
Strategic Plan Puts Harford County on 'Road Map' to Tech-based ED
A strategy to make Maryland's Harford County a competitive jurisdiction for attracting and expanding technology ventures has been unveiled by the Northeastern Maryland Technology Council (NMTC). Offering an analysis of the county's technology resources and assets, the Harford County Strategic Plan is expected to serve as a "road map" to help guide policy efforts for the next 5-15 years.
The plan is a culmination of a year-long effort of coordination with public and private sectors and the Harford County Economic Development Advisory Board's Technology Subcommittee. More than 80 interviews were held with area educators, business leaders and organizations, and the findings of these interviews were compared with industry data in Harford County. The effort resulted in eight categories under which 83 specific actions were named for positioning the county as a center for technology growth and development.
New ATP Awards Announced
The Advanced Technology Program (ATP) has announced 40 awards potentially totaling $101.6 million in ATP funding matched by an industry cost-share of $92 million if carried through to completion. These awards were selected from proposals submitted to 2002 competition.
Managed by the National Institute of Standards and Technology, ATP provides cost-shared funding to industry-led teams which can include non-profits and universities to help advance particularly challenging, high-risk research and development projects that have the potential to spark important, broad-based economic or social benefits for the U.S. The program supports projects that industry cannot fully fund on its own because of significant technical risks.
Maryland Biotech Origins Outlined in TEDCO, DBED Study
Maryland Lieutenant Governor Kathleen Townsend recently announced the release of Founders of Maryland Bioscience and Medical Instrument Companies, a report on the career pathways taken by founders of biotechnology companies in Maryland.
Funded by the Maryland Technology Development Corporation (TEDCO) and the Maryland Department of Business and Economic Development (DBED), the report is part of the Bioscience Dialogue, a collaborative effort within the state's biotechnology industry to identify issues of importance to its growth. The $30,000 report traces the background of 276 company founders in Maryland and highlights these findings in bio-entrepreneurship:
People
Correction: Lara Vande Walle is the director of membership and business development for the Maryland Technology Council, not Maryland's TEDCO as was previously reported.
TBED People News
The Maryland Technology Development Corp. (TEDCO) has hired Lara Vande Walle to serve as director of membership and business development.