SSTI Digest
Mayor Proposes City Funded College Scholarships as Economic Development Tool
Lexington, Ky., Mayor Jim Newberry announced last week a college scholarship plan targeting students pursing degrees in science, technology, engineering and math (STEM) fields as a means to transform the local economy into a globally competitive community by investing in the city’s youth. The proposed Lexington First Fund would provide full tuition to every Fayette County high school graduate for up to four years at any institution of higher education located within an hour’s drive of Lexington. The only requirement is that students must pursue an associate or bachelor’s degree in a STEM field or a teaching degree in one of these fields. The idea is that by encouraging residents to pursue STEM fields, the local economy will reap the benefits of a highly skilled workforce. The plan also aims to promote attendance at local institutes of higher education and attract high-tech industries to the city. Mayor Newberry hopes to produce the same impact that has already emerged in Michigan from a program still in its infancy, the Kalamazoo Promise scholarship. Beginning with the class of 2006, students enrolled in the Kalamazoo…
Recent Research: Open Innovation: What We Know, What We Don’t
A growing number of academic researchers and TBED practitioners are taking interest in the emerging subject of open innovation. Like all new concepts and business practices, open innovation is not well understood by broader audiences and under-researched in the academic community. Tobias Fredberg, Maria Elmquist and Susanne Ollila from Chamlers University of Technology in Sweden attempt to address both needs in a recent paper, Managing Open Innovation – Present Findings and Future Directions.
Their review of the subject involved two tasks, the first being the synthesis of literature dating from when open innovation was coined in 2003 to when they performed their search in November 2007. They identified four books, 35 journal articles and 10 book reviews explicitly using the term “open innovation.” The second task was the collection of opinions from nine key researchers to define the current frontier of open innovation research. But first, what is open innovation? Like many topics in emerging fields, the exact definition of open innovation is still being debated. The term’s roots can be found in the concepts…
Secret Unveiled on How to Win an SSTI Excellence in TBED Award
The secret is out – and it’s fairly simple. All you need is an outstanding TBED initiative with proven success that stands out among the crowd. SSTI often receives news and updates on programs that are improving our nation’s competitiveness through science, technology and innovation. Now, we are calling upon the TBED community to share these success stories – and we’ll reward you for your efforts. All you have to do is put it in writing, and we promise it will be well worth your time. As an award winner, you will:
Receive accolades and honors on SSTI's website and in the SSTI Weekly Digest;
Bask in the glory of being a featured presenter during SSTI’s annual conference in Cleveland, Oct. 15-16, 2008; and,
Take home an elegant vase embossed with your organization’s name – more a work of art than a trophy!
Send us your story by May 16! Download the 2008 awards brochure and application form at: http://www.ssti.org/awards.htm To learn more about the 2007 Excellence in TBED Award winners, please visit: http://www.ssti.org/Awards/07winners.htm
People & TBED Organizations
The Beaver County (Pa.) CO-OP announced it will change its name to StartingGate. The incubator will continue to assist entrepreneurs and new business start-ups and help expand existing businesses.
Joe Dedman was chosen as the first executive director of the Southeast Indiana WIRED.
Brian DuBoff was named the director of Maryland's southern region Small Business Development Center, which is hosted by the College of Southern Maryland.
Barbara Goodman has joined the Illinois Biotechnology Industry Organization as its executive director.
Mark Long has stepped down as the CEO of the Indiana University Research and Technology Corp.
Robert McMahan Jr., the North Carolina governor's senior adviser for science and technology and executive director of the North Carolina Board of Science and Technology, has left those posts to become dean of Western Carolina University's Kimmel School of Construction Management and Technology.
The Oklahoma Bioscience Association announced its launch.
Tracey van Niekerk has been selected as the new life sciences coordinator for the Economic Development Corporation of Wayne County, Indiana. Van…
SBIR Reauthorization: Improving the Impact of FAST: An Editorial
Last week, SSTI reported the draft SBIR Reauthorization bill circulated by the House Small Business Committee in mid-March included language that would reauthorize the Federal & State Technology Partnership (FAST) for two years at its current $10 million level. FAST was created with the 2000 SBIR reauthorization and received appropriations through the Small Business Administration (SBA) for three of the next four years.
In its first iteration between 2000-2004, FAST received mixed reviews. It could be made better through the present reauthorization process. Before that, however, an important and often overlooked point must be made: there is little to no criticism with the underlying concept or mission of FAST to provide financial support to state and local efforts to promote the federal SBIR program and improve the quality of small business participation in SBIR across the country.
That lack of criticism can easily be attributed to the fact that promotion of the opportunities afforded small tech firms through SBIR and the provision of high-quality proposal development assistance does make a difference in the number of competitive…
$267M USDA Loan to Expand Broadband across 17 States
On March 25, U.S. Department of Agriculture (USDA) Rural Development Under Secretary Thomas Dorr announced that Open Range Communications, headquartered in Denver, Colo., will receive a $267 million loan from USDA Rural Development to provide broadband service to 518 rural communities in 17 states. The commitment represents one of the largest public-private investments for broadband service by the federal government, the USDA reports. It is also the first USDA Rural Development investment to support Wi-Max technology. The Open Range project is intended to cover more than six million people and serve more than 447,000 households within five years. In addition, the services are expected to help create jobs and business opportunities in the project's 17 states, including: Alabama, Arkansas, California, Colorado, Delaware, Florida, Georgia, Illinois, Indiana, Nebraska, Nevada, New Jersey, New York, Ohio, Pennsylvania, South Carolina and Wisconsin. The partnership will help address the need to deploy wireless, portable broadband connectivity to improve service in considerable portions of rural America. The set of services will provide Wi-Max…
Virginia Lawmakers Pass Budget, Delay Action on $1.65B University R&D Bond
Adjourning from the 2008 legislative session on March 13, Virginia legislators passed the fiscal year 2008-10 biennial budget but immediately called for a special session to resolve differences in the proposed capital outlay plan that supports university R&D and commercialization efforts. Gov. Tim Kaine unveiled the bond package in December, which includes funding to upgrade university research buildings and laboratories and purchase new research equipment. The bond package also targets construction projects focused on developing a skilled workforce (see the Dec. 19, 2007 issue of the Digest). Lawmakers will reconvene April 23 to act on the bond package and to consider the governor’s amendments and vetoes to the state budget. Faced with a projected budget shortfall of $339 million for the remaining fiscal year and more than $1 billion in FY09-10, Gov. Kaine announced last month a revised budget revenue proposal to his original recommendations unveiled late last year. To address the shortfall, Gov. Kaine called for reductions across executive budget branch agencies, targeted cuts to many of his own…
Partial Funding Restored for TBED Initiatives in Idaho Budget
Idaho’s entrepreneurial support centers managed to survive the legislative session with half of their annual appropriation intact in the fiscal year 2009 state budget, despite being zeroed out in Gov. Butch Otter’s budget recommendation earlier this year. Lawmakers allocated $150,000 for the TechConnect Centers within the Department of Commerce – down $150,000 from the previous two years. The legislation requires TechConnect to report to the Joint Finance Appropriations Committee at the interim spring meeting on all activity dating back to FY06, including detailed information on all interactions with businesses, the amount of time and money invested, and the outcome of the investments. The Department of Commerce will receive $33.9 million, down from the estimated $54.9 million in FY08 expenditures. This includes $600,000 for the Business and Jobs Development Fund, $100,000 for the Rural Initiative Program and $100,000 for Small Business Assistance Grants. No funding was included for the Entrepreneurial Fund. The total funds appropriation for colleges and universities in FY09 is $422.8 million, down…
Federal Agencies Identify R&D Priorities for Critical U.S. Manufacturing Areas
Three of the major thrusts for the research investments of many states – hydrogen energy technologies, nanomanufacturing, and intelligent and integrated manufacturing – are the focus of a new report by a federal Interagency Working Group on Manufacturing R&D. Manufacturing the Future: Federal Priorities for Manufacturing R&D describes the significance of each of the three critical manufacturing R&D areas, details the challenges essential for progress, discusses existing interagency collaborations and provides recommendations for future research. The report provides academic and state policymakers the opportunity to compare how well their research investments in the critical sectors match the needs identified by the federal agencies. As the Interagency Working Group was comprised of 15 departments, agencies and organizations in the federal government, future federal research funding opportunities could be influenced by the report. The group worked under the auspices of the National Science and Technology Council’s Committee on Technology. Further down the commercialization stream, companies with…
Useful Stats I: Searchable Database of Academic Earmarks: 2008
By now, you've probably seen many of the articles covering the record number of earmarks academic institutions secured in the federal FY 2008 budget. The Chronicle of Higher Education identified more than 2,300 individual projects distributed across 920 institutions - mostly for research. The figure is 25 percent higher than the previous record and totals at least $2.25 billion. The wealth, though, is also more distributed this year than previously. The Chronicle released a table of the top 843 institutions at: http://chronicle.com/free/v54/i29/4529nonshared_earmarks.htm
As a service to the public, the esteemed publication has made available a free searchable database of all of the earmarks it identified. Records, searchable by state and agency, include the institution's name, the federal agency involved, the specific dollar amount of the noncompetitive award, a description of the project, and the congressional sponsors.
The database is available at http://chronicle.com/stats/pork/.
Useful Stats II: 2006 AUTM Survey Results by State
Every year, the Association of University Technology Managers (AUTM) releases its U.S. Licensing Activity Survey. The most recent version provides information on fiscal year 2006 (see the Dec. 5, 2007 issue of the Digest) and contains data for 189 universities, hospitals and research institutions. SSTI has prepared a table sorting the survey respondents by state and aggregating a number of key metrics such as the number of full-time employees in licensing staffs; research expenditures; number of patents or options executed; cumulative active licenses; startup companies; U.S. patents issued; new patent applications; and, licensing income. Eight of this year's survey respondents were not identified by name, so SSTI was not able to align the data for these institutions with their respective states. As a result, while the table illustrates the relative amount of licensing activity in each state, it may not reflect the exact totals as self-reported by the responding institutions. In terms of start-up companies emerging from survey respondents, California universities led the U.S. with 69 new companies in FY 2006. This is followed by institutions…
House SB Committee Releases Draft SBIR Bill at Hearing; SSTI Testifies
A brief two-year reauthorization, bigger award sizes, VC eligibility clarification, and a $10 million grant program for state/local outreach assistance are included in the draft SBIR reauthorization bill circulated by the House Committee on Small Business Chairwoman Nydia Velazquez during the third hearing on the topic, held March 13.
The SBIR program will sunset Sept. 30, 2008, if reauthorization legislation is not passed by Congress and signed by the president before then.
Bigger Awards, Fewer Winners
The draft legislation doubles the award sizes for both Phase I and Phase II, authorizing awards of $200,000 for Phase I and $1.5 million for Phase II. In addition, the committee draft authorizes agencies to award “sequential Phase II awards” for testing and evaluation of promising technologies. The award sizes have not been increased since 1992, although some agencies have exceeded the current limits, as needed, for particular projects.
Since the bill does not increase the 2.5 percent set aside requirement for SBIR, the result will be fewer awards, thus increasing competition for small businesses and decreasing the…