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SSTI Digest

Geography: Utah

$34.3M in FY11 Projected Spending for USTAR

At the close of the Utah legislative session on March 11, lawmakers followed Gov. Gary Herbert's recommendation to reduce the Utah Science Technology and Research initiative (USTAR) FY10 budget by $5.1 million, from $31.9 million to $26.8 million. For FY11, USTAR is budgeted to spend $34.3 million. This represents a combination of state and ARRA funding. USTAR invests in world-class innovation teams and research facilities at the University of Utah and Utah State University with a long-term goal of strengthening the state's knowledge economy. Higher education will receive a reduction of approximately 5 percent in the approved budget, according to the governor's office. The FY11 base budget is available at: http://le.utah.gov/~2010/htmdoc/sbillhtm/sb0001.htm. The FY2010-11 supplemental appropriations bill is available at: http://le.utah.gov/~2010/htmdoc/hbillhtm/hb0002.htm

Incubator RoundUp: Specialized Incubators Increasing Their Numbers Nationwide

Silicon Valley, a region often looked to for trends in the technology field, is expected to see a rise in the number of new high-tech incubators and the expansion of existing incubators in the coming months. A recent Wall Street Journal article points to these openings as a sign of revival for technology startup companies amid a relatively slow period last year as startup investment plunged during the recession. Across the nation, specialized incubators spanning clean energy, sustainable architecture and advanced materials have emerged over the past several months to support high-tech ventures.

USTAR announced in January the opening of Utah's first incubator focused on information technology and renewable energy. The Southern Utah Information Technology and Renewable Energy Incubator, located in St. George, will support businesses focused on high technology, green technology and alternative energy.

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.

Utah Governor's FY11 Budget Includes $30M for USTAR

Gov. Gary Herbert unveiled last month an $11.3 billion spending plan for FY11 that maintains level funding for higher education and slightly reduces funding for the Utah Science Technology and Research initiative (USTAR). The governor's FY11 budget plan addresses a $693 million shortfall, which is spread across FY10-11 and anticipates $34 million in state revenue growth during the next year.  Read more ...

TBED People and Organizations

Kathy Collins has been appointed as the Wisconsin Entrepreneurs’ Network (WEN) regional director in Madison. Previously, Collins worked as the technology and financial development manager in the Commerce Division of Business Development.

Ron Cox has been appointed as the assistant dean for economic development in the engineering college at Iowa State University. He retains his current position as director of CIRAS, the Center for Industrial Research and Service.

Frank DiBello, a veteran aerospace consultant who’s been Space Florida’s interim president since May, was named as the permanent leader of the aerospace development agency.

Utah Gov. Gary Herbert appointed businessman and philanthropist Spencer Eccles to lead the Governor’s Office of Economic Development. Eccles, son of the former First Security chairman and CEO Spencer Eccles, will be joined by Josh Romney, son of former Massachusetts governor Mitt Romney. The younger Romney will serve as the state’s national business recruitment policy advisor.

TBED People and Organizations

The Piedmont Triad Research Park laid off Bill Dean, director of the park, and Nancy Johnson, marketing director. Park officials said that the park's project manager and executive assistant also were laid off.

Colorado Gov. Bill Ritter announced that he has tapped Don Elliman, director of the Colorado Office of Economic Development, to serve as the state government's first chief operating officer.

States Push Green Energy Initiatives to Combat Recession, Create Jobs

In the midst of a national economic recession contributing to a record number of job losses in traditional industries, forward thinking states are exploring ideas and committing funds to help grow and diversify their economies and strengthen their renewable energy portfolios.

Over the past several months, governors, legislators and economic development groups have announced new initiatives aimed at job growth and energy independence in the new economy. The following overview provides a sampling of green energy initiatives and investments from numerous proposals and announcements across the nation.

USTAR, Clean Energy Zones Big Winners in Final Utah Budget

Utah's 2009 legislative session ended earlier this month with a significant boost in funding to the Utah Science Technology and Research Initiative (USTAR) for recruiting science and technology researchers at the University of Utah and Utah State University.

Lawmakers approved SB 240, allocating $33 million in one-time federal stimulus funds to the state-funded initiative to grow Utah's knowledge economy. The bill also modifies provisions relating to USTAR's Governing Authority adding the executive director of the Governor's Office of Economic Development as a member and vice chair of the authority. The appropriation grew significantly from the earlier version of the bill allocating $10 million for operating expenses and funding for research teams.

Tech Talkin' Govs, Part V

The fifth installment of the Tech Talkin' Govs series includes highlights from state of the state, budget and inaugural addresses from governors in Alabama, Michigan, Ohio, Oklahoma, Pennsylvania and Utah.

Alabama
Gov. Bob Riley, State of the State Address, Feb. 3, 2009
"And let's make Alabama more competitive with other states for higher paying jobs. Our current incentives focus almost entirely on manufacturing, and Alabama will continue to be aggressive in the pursuit of those jobs. But in today's economy we need a more balanced approach. One that makes more industries eligible for our economic incentives: knowledge-based industries that typically pay higher wages like research and development facilities, corporate headquarters and other entrepreneurial ventures. .

USTAR Investments Taking Shape at University of Utah

The University of Utah (U of U) announced last month two significant investments in TBED supported by USTAR, the state-funded initiative to grow Utah's knowledge economy.

Following a recent $15 million donation from the Sorenson Legacy Foundation, U of U officials said they would begin construction next year on the 193,000-square-foot anchor facility for the new Interdisciplinary Quadrangle, which encompasses 11 acres bridging the upper and lower campuses. The Sorenson Molecular Biotechnology Building will be the first of four multidisciplinary facilities and will house advanced imaging and nanotechnology laboratories.  USTAR is investing $100 million in the facility, which is slated for completion in 2012. The goal of the Interdisciplinary Quad is to bridge the university's health professions, engineering, science, business and law sections of the campus.

SSTI Welcomes Newest Members; Alaska Brings State Tally to 47

It's no wonder SSTI's Annual Conference presents such a broad range of perspectives and approaches to TBED each year, when our organization draws in active membership from organizations from all across the continent! For example, with the involvement of the Alaska Manufacturing Extension Partnership, SSTI now has active members in 47 states, the District of Columbia, and Canada.

Membership allows access to the most comprehensive information about tech-based economic development activities across the nation. Our members tell us that one of the greatest benefits of membership is the ability to turn to SSTI when seeking answers to questions or advice on programs. Having answers to our member’s questions and finding the information they need is our top priority. Additional information regarding membership benefits is available at http://www.ssti.org/benefits.htm.

People

Hamid Ghandehari and Marc Porter, two prominent scientists in the field of nanotechnology, recently were hired by the University of Utah as part of the state's new Utah Science Technology and Research initiative. Ghandehari comes from the University of Maryland, while Porter comes from Arizona State University.