SSTI Digest
Geography: South Dakota
TBED and the 2012 Ballots
Voters in 37 states will decide on more than 170 ballot measures this year, many of which are related to tech-based economic development (TBED). Tax measures seem to be dominating ballots this year, with questions relating to both decreases and increases for sales, property and income taxes. Several states are counting on voters to agree to temporary increases to help fill budget deficits and ensure steady funding for education.
SSTI has broken the ballot measures down by topic area, including Economic Development Incentives, Energy, Higher Education and Capital Bonds, Statehood and Taxes.
Economic Development Incentives
Two states, Alabama and South Dakota, will pose to voters a question regarding more state authority to dole out economic development incentives for job creation by recruiting larger projects or encouraging businesses to expand.
Governors Ramp up Skilled Workforce Initiatives
Lawmakers in several states will consider legislation this year aimed at solving the workforce disconnect as states continue to struggle with unemployment and look for ways to attract industries in emerging fields. Many of the recent proposals, including those in Connecticut and Massachusetts, focus on revamping oversight of higher education and workforce training to offer better tools and a quicker path to a degree and skills matched with the needs of businesses. In Missouri, a new Innovation Campus will allow high school students to train for high-tech careers while they earn college credit and, in South Dakota, the governor wants to recruit 1,000 skilled workers from outside the state. Connecticut Gov. Dan Malloy earlier this month proposed legislation making changes to the Connecticut Technical High School System (CTHSS) in order to tailor programming to the needs of employers. In addition to programmatic changes, the governor wants to change the governance of CTHSS to an independent, 11-member board whose members are made by appointment, removing oversight from the State Board of Education.
Tech Talkin' Govs: Part I
SSTI's Tech Talkin' Govs series has returned for its 12th annual edition. The series highlights new and expanded TBED proposals from governors' State of the State, Budget and Inaugural addresses across the nation. The first installment includes excerpts from speeches delivered in Georgia, Iowa, New York, Kentucky, South Dakota, Vermont, and Virginia. Georgia Gov. Nathan Deal, State of the State Address, Jan. 10, 2012 "... I want to announce two ambitious goals. Georgians deserve a world-class, public medical university, and it will be a priority of this administration to have a medical college among the top 50 nationally. ... "... Also within this push, the Georgia Health Sciences University will seek to become the state's second National Cancer Institute designated Cancer Center ... This designation would mean greater access to research dollars and enhance our ability to recruit top cancer specialists. "... To support this goal of a second Georgia-based Cancer Center, my budget proposal includes an investment of $5 million. ... "...
TBED People and Job Opportunities: People and Organizations
Alabama then-Governor-elect Robert Bentley on January 3 named former House Speaker Seth Hammett as director of the Alabama Development Office, replacing Interim Director Linda Swann. He also appointed the president of the Birmingham-based Economic Development Partnership of Alabama, Bill Taylor, to lead efforts to grow and retain existing Alabama industries, while at the same time recruiting new businesses to the state.
Colorado Gov. John Hickenlooper nominated Dwayne Romero, president of Related Snowmass, to be the new director of the Colorado Office of Economic Development and International Trade.
Florida Governor Rick Scott fired John Adams, the current president of Enterprise Florida, so that he can choose a new leader to help promote his job creation and economic development agenda.
Tech Talkin' Govs, Part III
The third installment of SSTI's Tech Talkin' Govs' series includes excerpts from speeches delivered in Colorado, Georgia, Nebraska, and South Dakota. The first and second installments are available in the Jan. 5 and Jan. 12 editions of the Digest.
Colorado
Gov. John Hickenlooper, State of the State Address, Jan. 12, 2011
"We also hope that every bill you consider passing will be viewed through the lens of its impact on our economic growth. ...
"... For example, we know there are several bills you are considering that will establish a venture capital fund for small businesses. We will work with you on these proposals and create strong public-private partnerships.
TBED People
SSTI Board member Phillip Singerman has been named as the Associate Director for Innovation and Industry Services for the National Institute of Standards and Technology. He will assume this position on January 31.
Alabama Gov.-elect Robert Bentley named former house speaker Seth Hammett as the director of the Alabama Development Office.
Colorado Gov. Bill Ritter announced he will become director of the Center for the New Energy Economy at Colorado State University effective Feb. 1.
Michigan Gov. Rick Snyder named Michael Finney, current president and CEO of Ann Arbor SPARK, as the new Michigan Economic Development Corp. director, replacing Greg Main. Ann Arbor SPARK announced the appointment of Skip Simms as interim president and CEO.
Legislative Wrap Up: Idaho, Iowa, South Dakota Pass Budgets
Lawmakers in Idaho, Iowa and South Dakota recently passed budgets for the upcoming fiscal year providing funds to help stabilize higher education funding, support research projects related to renewable energy R&D, and provide temporary operational support for an underground deep science laboratory.
Idaho
Gov. Butch Otter signed into law HB 544, the Higher Education Stabilization Fund, setting up three accounts to help protect higher education funding from economic downturns. The bill redirects interest on revenue from tuition and fees at Idaho's state colleges and universities to a new strategic interest account within the newly established Higher Education Stabilization fund. The fund includes $114,000 in interest earnings available now, and lawmakers can appropriate money directly to the fund when a surplus is available in the future, according to a press release.
Tech Talkin' Govs, Part III
The third installment of SSTI’s Tech Talkin’ Govs’ series includes excerpts from speeches delivered in Delaware, Maine, Missouri, New Hampshire, Ohio, Rhode Island, South Dakota, Utah and Wisconsin. The first and second installments are available in the Jan 13 Digest and Jan. 20 Digest, respectively.
Delaware
Gov. Jack Markell, State of the State Address, Jan. 21, 2010
“We have a proud legacy of technology innovation that we will build on. Together, we will create a Delaware where entrepreneurs and inventors imagine the new products and services that make life better, more productive and more enjoyable for millions, and workers make good livings delivering these wonders to the world.
SD Gov Asks Lawmakers to Fund Research Priorities in FY11
To keep alive the underground deep science laboratory, a National Science Foundation (NSF) research priority for scientific discovery in geophysics, Gov. Mike Rounds is asking lawmakers to approve $5.4 million in special appropriations for bridge funding through May 2011. During his budget presentation to the legislature last week, Gov. Rounds told lawmakers the $35 million allocated toward the effort in 2004 and 2005 would run out this month and $250 million in anticipated NSF funding would not be available until 2011. South Dakota’s Homestake gold mine was selected by NSF in 2007 as the site for the Deep Underground Science and Engineering Laboratory, which extends more than 8,000 ft. into the earth (see the July 18, 2007 issue of the Digest).
Gov. Rounds’FY11 budget also recommends $970,000 for the creation of a Ph.D. program in Physics, complementing the mission of the Sanford Underground Laboratory. Funding for both requests totaling $6.4 million would come from other fund special appropriations, according to budget documents.
TBED People and Organizations
W. Steven Burke is the new president of Biofuels Center of North Carolina.
Bill Gimson has been named executive director of the Cancer Prevention and Research Institute of Texas. Gimson recently retired as the chief operating officer of the Centers for Disease Control and Prevention.
Jeremy Hill has been named the director of the Center for Economic Development and Business Research at Wichita State University. Hill replaces Janet Harrah, who left the post for Northern Kentucky University.
South Dakota Research Centers Generate $111 million Impact
South Dakota shows a $3 million TBED investment in strategic research areas can yield impressive results for a state strengthening its position in an innovation-based economy.
Since 2004, South Dakota's five research centers have had a $111 million impact on the state economy, according to new data released by the South Dakota Tourism and State Development's Office of Commercialization. This impact represents a substantial return on investment for the state's initial $3 million investment five years ago. The impact numbers are being released as the state concludes its funding for the original five centers and prepares to launch several new centers, which will be supported by the state through 2014.
The $111 million impact includes more than $77 million in research spending and the activities of the 12 companies that have expanded or launched as a result of the centers. The centers also have helped create 550 new jobs and eight patent applications.
TBED People and Organizations
Massachusetts Gov. Deval Patrick's secretary of Housing and Economic Development, Daniel O'Connell, resigned for personal reasons and was replaced by Greg Bialecki, an undersecretary who has been responsible for business development
SRI International announced that Stephen Ciesinski has been appointed Vice President of Strategic Business Development.
John Fremstad has left his post at the Metro Orlando Economic Development Commission to join the BE&K Building Group.