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University of Texas System Combines Support for Teaching and Commercialization Excellence with $15 Million Initiative

The University of Texas System Board of Regents recently approved $15 million in funding for three programs that will support innovation and extraordinary effort among its faculty. Two of these programs will make awards for teaching excellence, one for faculty at the University of Texas at Austin (UT Austin) and the other for teaching at the system's other eight universities. The third program will support a Center for Technology Commercialization at UT Austin to accelerate technology transfer and new venture creation. Each of these programs will receive $1 million annually for the next five years for awards and operations.

The two awards programs will recognize faculty for outstanding contributions to undergraduate education and will serve as an incentive compensation program to improve instruction. These one-time awards will range from $15,000 to $30,000. The Board plans to recognize at least 30 faculty members each year.

Scotland Universities to Direct Nearly 11 Percent of Funding on Pursuing Innovation

The Scottish Government announced last month a funding plan for the university system that directs more than 10 percent of current funding into a new Horizon Fund created to make targeted investments in research, technology transfer, and entrepreneurial development.

The funding proposal is part of an overall plan to expand the role of universities in helping the country recover from the current economic downturn. The plan was based on recommendations from a joint university taskforce established last year by the Cabinet Secretary for Education and Lifelong Learning.  The Future Thinking Taskforce set forth challenges for both the Scottish Government and Universities Scotland, which represents the country's 20 institutions of higher education.

Corrections

In the "TBED People and Organizations" column of the Dec. 10 Digest, Oklahoma Gov. Brad Henry was incorrectly identified as the new chairman for the Southern Growth Policies Board.  Mississippi Gov. Haley Barbour serves as chairman for the organization and will host the 2009 annual meeting June 7-9 in Biloxi, MS. More information is available at: http://southern.org/conference/conf.shtml. SSTI apologizes for the error.

North Dakota Surplus Prompts Additional Spending for TBED Initiatives

As governor of one of only a handful of states to project a surplus for the upcoming fiscal year, Gov. John Hoeven outlined additional funding for several initiatives supporting North Dakota's TBED strategy in the FY 2009-11 biennium. Investments centered on diversifying the state's economy through agricultural and energy research, 21st century workforce training, and higher education support in Science, Technology, Engineering and Mathematics (STEM) fields are prominent in the governor's budget recommendations.

National Bio and Agro-Defense Facility Impact Report Released, Kansas Preferred Site

This week, the Department of Homeland Security released its environmental impact statement comparing several locations nationwide regarding the future site of the National Bio and Agro-Defense Facility (NBAF).  After considering factors such as environmental, economic, technical, security and safety concerns, the preferred site is situated on the campus of Kansas State University in Manhattan, Kansas.

Budget Proposals Focus on States' Investment in Research, Workforce Training

Despite projected deficits in several Western and Great Plains states, governors in Montana, South Dakota, and Wyoming recently unveiled budget proposals for the upcoming fiscal year, providing level or increased funds for research priorities and workforce training central to each state's economic vitality. The following is an overview of the budget recommendations outlined by the respective governors. Montana

India Plans to Double Investment in Scientific Research

Last week, Indian Prime Minister Dr. Manmohan Singh announced that the country would form a quasi-independent panel modeled on the U.S. National Science Foundation (NSF) to promote research in science and engineering. The new National Science and Engineering Research Board (NSERB) would make decisions regarding research funding and the creation of research centers around India.

The new board will oversee the distribution of funds associated with an unprecedented boost in Indian funding for scientific research. Prime Minister Singh announced that the country would double its investment in research from one percent to two percent of India's gross domestic product (GDP).

Novel Metrics Incorporated into 2008 Version of State New Economy Index

Two weeks ago, SSTI reviewed the TBED strategies states are advised to pursue as presented in the 2008 State New Economy Index released by the Information Technology and Innovation Foundation (ITIF) and the Kauffman Foundation (see the Nov. 19, 2008 issue of the Digest). The report compares numerous indicators that concentrate on the economic structure of states and the characteristics of new waves in the economy, opposed to measuring only state economic performance or state policies. As in previous editions of the Index, the measures are divided into five categories: knowledge jobs, globalization, economic dynamism, the digital economy, and innovation capacity.

Useful Stats: Job Churning at Businesses with Fewer than Ten Employees by State, 2005

The U.S. Census Bureau has released a new data series tracking employment changes at the establishment level. This data allows users to track the expansion and contraction of employment within existing businesses and creation and destruction of jobs through the birth and death of firms. In addition, the Census Bureau has broken down the data by firm size, age, sector and state.

TBED People and Organizations

Gov. Jim Douglas plans to merge the Vermont Departments of Economic Development and Housing and Community Affairs.

SSTI Job Postings

The Complete description of this opportunity and others are available at http://www.ssti.org/posting.htm.

The Ben Franklin Technology Partners of Southeastern Pennsylvania is seeking a manager of program analyst development (PAD). This management position is responsible for performing economic research, developing metrics and other ad hoc reporting, managing database and PAD Unit staff members, and providing support for execution of new program initiatives. The position also is responsible for monitoring and knowledge of new funding opportunities, and for economic development proposal generation. Requirements include a BS/BA, preferable MBA or Masters degree in a related field and a minimum of two years experience in small business lending, investment or other financially-related experience.

Governor Proposes $20.5M in Lottery Funds for Continuing Oregon Innovation Efforts

Gov. Ted Kulongoski unveiled his fiscal year 2009-11 recommended budget this week, highlighting the need for targeted investments in nanoscience, manufacturing, and renewable energy research based on recommendations developed by the Oregon Innovation Council. The governor's plan aims to expand and diversify the state's economic base by attracting new industries and companies, building on the $28.2 million innovation plan signed into law last year (see the Aug. 1, 2007 issue of the Digest).