SSTI Digest

Companies that locate in the 42 communities known as historic manufacturing hubs would be given priority to receive funds for modernizing production, purchasing equipment, developing new technologies, and training workers under a proposal introduced by Connecticut Gov. Dan Malloy.

The Advanced Manufacturing Fund would be administered by the Department of Economic and Community Development with support from an advisory committee that includes industry experts. With an initial commitment of $25 million, expected to last two years, companies could apply for funds to grow and modernize operations and equipment. Funds also could be used to attract new companies to the state and support universities’ efforts to increase federally funded research activity, according to a press release. By giving priority to towns with a history rich in manufacturing, the governor hopes to help revive distressed communities and address high unemployment rates in those areas. Funding is included in the FY15 governor’s midterm capital budget adjustments.

The fifth installment of SSTI’s Tech Talkin’ Govs series includes excerpts from speeches delivered in Connecticut, Maine, Oklahoma, and Tennessee. Read part I, part II, part III and part IV.  

Connecticut

Gov. Dan Malloy, State of the State Address, Feb. 6, 2014

“Here are three ways we can continue helping employers to grow jobs this session.

“First, we can continue to fund the Small Business Express program, which has a proven record of success.

Ted McAleer has resigned as executive director of USTAR. Also Gary Herbert has announced the appointment of former Lt. Gov. Greg Bell as chair of the USTAR Governing Authority. Bell, now president and CEO of the Utah Hospital Association, takes the place of outgoing chair Dinesh Patel.

Martha Connolly has been named director of bioentrepreneurship, a new program supported by the Maryland Technology Enterprise Institute (Mtech) and the A. James Clark School of Engineering.

Matthew Nemerson, president of the Connecticut Technology Council for the past decade announced he has taken a new position as Mayor Toni Harps’ economic development director in New Haven.

With bright colors, interesting graphics, and intuitive navigation, the new look of Connecticut Innovations (CI) captures attention. The launch of CI's new brand identity, complete with an updated message platform and logo, hopes to better reflect the organization's mission and promote their resources to attract entrepreneurs. The new website highlights services offered by the three entities under CI's umbrella, including the merger with the Connecticut Development Authority in 2012 and the Small Business Innovation Group in 2009. Companies and investors are provided information on the Resources page, including articles, case studies and stats. Several educational features such as videos, webinars and podcasts are planned for a later launch. Explore the website...

States across the U.S. are directing their attention to science, technology, education and technology (STEM) education, and already have passed a plethora of new initiatives in the current legislative session.  These programs are directed at various levels of education including primary education and higher education, with one program specifically designated for the state’s community colleges. A number of states have created STEM advisory councils under the governors’ offices, following the lead of Iowa and Massachusetts. Such measures suggest that STEM is no fleeting policy issue and that states are beginning to recognize the economic value of making long-term investments in students.

A continued trend toward improved fiscal conditions gave rise to targeted and riskier investments in research for several states this legislative session. In particular, lawmakers dedicated funds for life sciences research and for initiatives aimed at commercialization through partnerships with higher education and the private sector. Other states dedicated additional funds to expand promising research and technology-focused initiatives already underway.

Industry support for additive manufacturing is exploding as startups find new ways to market the technology to businesses. States and universities are taking advantage of this growing trend to form partnerships with companies that support the lean innovation approach is driving the 3D printing renaissance.

The Wall Street Journal reports that Stratasys, a major 3D printing company that focuses on additive manufacturing, acquired MakerBot in a deal worth $403 million in stock. MakerBot, which specializes in the production of consumer 3D printers, will retain its brand and operate as a subsidiary. The move positions Stratasys to push for broader adoption of 3D printing across industries. MakerBot has sold 22,000 3D printers since 2009, but because of rapid market growth, half of those sales have come in the past 9 months. This has propelled the company's stock to rise 76 percent over the past 12 months.

Connecticut's General Assembly approved a biennial budget that includes major increases for science and technology research and education at the University of Connecticut and a boost in funding for the state's others higher education institutions. The $44 billion budget also includes continued funding for the state's economic development programs.

Pramod Khargonekar has been selected to serve as the National Science Foundation's assistant director for the Directorate of Engineering.

Dan Blake will join the Wisconsin Technology Council as the director of its Wisconsin Angel Network in mid-March. Blake succeeds Zach Brandon, who recently became president of the Greater Madison Chamber of Commerce.

Robert Sternberg, who currently serves as provost and senior vice president at Oklahoma State University, has been named president of the University of Wyoming.

Susan Froshauer has accepted the position of chief executive officer and president of CURE (Connecticut United for Research Excellence), effective April 1.

Revolutionizing STEM facilities, hiring new faculty, increasing undergraduate enrollment and even planning new dorms to house the anticipated influx of new students are part of Gov. Dan Malloy's proposed $1.5 billion expansion and investment in the University of Connecticut (UConn).

The plan is somewhat reminiscent of similar ambitious proposals from East Coast governors in Massachusetts and Maryland seeking to transform their states into specialized, high-tech hubs, such as Gov. Deval Patrick's 10-year, $1 billion life sciences investment package and Gov. Martin O'Malley's $1.1 billion bioscience initiative — both of which have sustained public and private support over the past five years (see the June 18, 2008 issue of the Digest).

The fifth installment of SSTI's Tech Talkin' Govs series includes excerpts from speeches delivered in Connecticut, Illinois, Oklahoma, and Utah. Our first four installments were in the Jan. 9, Jan. 16, Jan. 23 and Jan. 30 issues of the Digest.

ConnecticutGov. Dan Malloy, Biennial Budget Address, Feb. 6, 2013“... Even as we find savings, even as we continue to support our towns and cities — we have to work to grow jobs.

“To start with, I am proposing the Bioscience Innovation Act. This new program will establish a 200 million dollar fund to strengthen Connecticut's bioscience sector over the next ten years. ...

In Connecticut, Governor Daniel P. Malloy has proposed a Bioscience Innovation Act, which would create a 10-year $200 million fund to invest in the state's bioscience sector. The proposed fund would be administered by Connecticut Innovations, a quasi-public venture development organization. Governor Malloy's announcement was presented at the headquarters of Jackson Lab, a research and development institute that is being developed with assistance from the state of Connecticut. The Bioscience Innovation Act officially will be released as part of Governor Malloy's legislative package on February 6th.