SSTI Digest

Whether to attract federal grants, keep up with demand to graduate more highly skilled students, or advance the capabilities for research and exploration, universities are pushing for state funding to invest in science buildings and other infrastructure needed to expand research capacity and improve competitiveness. In New Jersey, a measure to approve $750 million in higher education borrowing to build and renovate campus facilities will go to the voters in November. Meanwhile, university leaders in New York and Utah recently pitched proposals to state leaders for new science and technology buildings they say will educate more students and create high-wage jobs.

New Jersey
Backed by Gov. Chris Christie, the New Jersey measure is the first higher education bond issue to appear on the ballot in 24 years. While borrowing for capital improvement would be divided among the state's public and private colleges, a provision was added to the law excluding private colleges with endowments of more than $1 billion from receiving any of the funds.

Utah Governor Gary Herbert announced a new public-private partnership that will establish the Salt Lake City region as a top ten center for technology jobs and businesses. To achieve this goal, the state plans to undertake a statewide planning process to identify and build on current successes and create greater collaboration in Science Technology, Engineering and Math (STEM) education. The statewide STEM education and workforce partnership is a collaborative project of the Governor's Office of Economic Development, the Utah System of Higher Education, the Utah State Office of Education and Prosperity 2020 — a business-led movement to advance educational investment and innovation within the state. The state hopes that by 2020:

• 66 percent of Utahns will have post-secondary certificates and degrees;
• 90 percent of Utah elementary students will be proficient in reading and math; and,
• The greater Salt Lake area will be a top ten center for technology jobs and businesses.

Read the press release...

Caren Franzini, the CEO of the New Jersey Economic Development Authority, stepped down after leading the agency for 21 years. Michele Brown, Gov. Chris Christie's appointments counsel, will take over as CEO.

Karen Merrick has joined the Iowa Innovation Corporation as CEO. Merrick previously had been with the Iowa Economic Development Authority.

Thomas Dann, the founder and managing director at CastleHaven Advisors, a Washington, D.C., private-equity firm, was named managing director of the Maryland Venture Fund.

Baiju Shah, the president and CEO of BioEnteprise, is leaving to become the CEO of BioMotiv, a drug development company that spun out of University Hospitals.

The third installment of SSTI's Tech Talkin' Govs' series includes excerpts from speeches delivered in Delaware, Hawaii, Massachusetts, Mississippi, and Utah. The first and second installments are available in the Jan. 11 and Jan. 18 editions of the Digest. Delaware Gov. Jack Markell, State of the State Address, Jan. 19, 2012 "Following up on the recent "Imagine Delaware' forum sponsored by the News Journal, we are finding new ways to support entrepreneurs. Over the last months, we studied best practices at entrepreneurial support centers around the country... Working with Representatives Lavelle and Bryon Short and groups like First State Innovation, we will apply what we have learned to further support emerging start-ups and growing companies in Delaware." Hawaii Gov. Neil Abercrombie, State of the State Address, Jan. 23, 2012 "Not only is it important to emphasize brick and mortar, we must also build an infrastructure for technology to meet the demands of the 21st century. This is the intellectual and social infrastructure that we must have to provide opportunities and experience for our people to become an advanced workforce that can compete in the global marketplace.

Maria Haley, the executive director of the Arkansas Economic Development Commission passed way Sept. 13 after suffering a brain aneurysm.

The U.S. Commerce Department's Economic Development Administration announced Matthew Erskine will join the agency as the U.S. deputy assistant secretary of Commerce for Economic Development and chief operations officer.

Tom Palisin has been named the acting deputy director of the Technology Investment Office at the Pennsylvania Department of Community and Economic Development.

The University of Utah selected Bryan Ritchie to be the next director of its Technology Commercialization Office.

Paul Washington has been named Denver's director of economic development.

Tom Thornton, president and CEO of the Kansas Bioscience Authority, submitted his letter of resignation to the board effective immediately. David Vranicar, president of the authority's Heartland BioVentures division, was named interim president and CEO.

Spencer Eccles, executive director of the Utah Governor's Office of Economic Development has named Sophia DiCaro as his new deputy director. Prior to this appointment, DiCaro served as the GOED Finance director.

Ann Arbor SPARK has selected Paul Krutko, a Silicon Valley economic development executive, as its next CEO. Krutko, who currently serves as secretary/treasurer of the International Economic Development Council, most recently led the economic development initiatives of the city of San Jose as chief development officer. Krutko succeeds, Michael Finney, who resigned to become CEO of the Michigan Economic Development Corp.

Steve Biggers, deputy director, Oklahoma Center for the Advancement of Science and Technology has retired after 31 years of service to the state. He has served at OCAST for the last 19 years.

Alex Lawrence has been named vice provost for Innovation & Economic Development at Weber State University. In this role, he will lead the Technology Outreach Center on campus that supports the Utah Science Technology and Research (USTAR) technology economic development initiative. Lawrence succeeds Curt Roberts, who recently accepted a position at Utah State University as associate vice president of regional development and commercialization.

The FY12 Business, Economic Development and Labor budget approved by lawmakers includes $25.7 million for USTAR, the state-funded initiative to grow a knowledge-based economy. This is the same amount recommended by Gov. Gary Herbert, but down from FY11 projected spending of $35.4 million. That amount included some ARRA funding from previous years, however. Research Teams will receive $23 million and $1.9 million is slated for Technology Outreach.

USTAR's recent annual report points to impressive returns for the state, especially over the last six months, during which time USTAR researchers increased grant funding by 50 percent. Since its inception in 2007, USTAR researchers have received $66 million in out-of-state funding. In the last two years, the outreach team helped Utah companies secure $35 million in outside investment, the majority coming from angel and venture capital investors.

The fifth installment of SSTI's Tech Talkin' Govs series includes excerpts from speeches delivered in Maryland, Montana, Oklahoma, Texas, and Utah. The first four installments are available in the Jan. 5, Jan. 12, Jan. 19 and Jan. 26 issues of the Digest.

Maryland
Gov. Martin O'Malley, State of the State Address, Feb. 3, 2011
"To create more jobs, we must leverage the power of our diversity... we must leverage the power of our geography... And we must harness the potential of Maryland's Innovation Economy: bio-tech, green-tech, clean-tech, cyber security, information technology, aerospace, global trade, and next generation manufacturing. ...

Building on the state's seven economic clusters identified to grow the economy through targeted investments in emerging industries, Gov. Gary Herbert is asking lawmakers to provide $500,000 in FY12 to plan and identify for additional projects. The Utah Cluster Acceleration Partnership (UCAP) is a collaboration of leaders from industry, state government, higher education, and workforce charged with developing strategies to develop industry-driven education and training services, leverage resources from higher education to accelerate industry clusters, and identify best practices.

So far, three partnerships are underway in the areas of aerospace and defense, energy, and digital media. Additional UCAP's may be established in the areas of health care, life sciences and advanced manufacturing. The governor recommends one-time funding of $500,000 for "development of new technologies within Utah's economic clusters" from the Education Fund within the higher education operating budget.

Often credited with contributing significant revenue to states' economies, research parks also house facilities for workforce training and provide resources for tech-based industries, which is especially important as the nation's employment begins to pick up steam. In West Virginia, officials are building a $15 million advanced technology-training center at the state-owned research and technology park, and in Utah, officials recently broke ground on a building that will house engineers and analysts working on the nation's Intercontinental Ballistic Missile program.

Over the past few months, several states have announced efforts aimed at reducing the nation's dependence on oil. While the importance and urgency of such efforts is perhaps magnified in the wake of one of the worst U.S. environmental disasters, the shift to a renewable energy-focused economy also brings with it the expectation of job creation, new product development, and increased revenue for states struggling in the aftermath of the Great Recession.

Governors in Arizona and Rhode Island recently signed legislation supporting renewable energy R&D and offshore wind development, respectively. In California, a measure requiring electric utilities to generate one-third of the state's power from renewable sources is being floated, and in Utah, Gov. Gary Herbert announced a formal planning process to create a 10-year clean energy initiative for the state.