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SSTI Digest

Incubator RoundUp: New Incubators Help Grow Specialized High-Tech Companies

Over the past several months, universities, city and state governments, and private companies alike have announced the creation of high-tech incubators that will serve as springboards for developing specialized companies to help grow the regional economy. Following is a sampling of recent incubator news from across the nation.

 

In September, U.S. Sen. Evan Bayh (D-IN) announced a $50,000 Rural Business Opportunity Grant from the U.S. Department of Agriculture to be used toward the creation of a high-technology incubator in Grant County. In partnership with Taylor University’s Center for Research & Innovation, Grant County Economic Growth Council will receive the bulk of the money to develop the Grant County Innovators Network Center, providing space for one anchor tenant and up to 20 incubator clients.

 

Useful Stats: 2005 Federal R&D Obligations Per Capita to Universities and Colleges

At $453.28, the District of Columbia led the nation in federal R&D obligations per capita to colleges and universities in 2005, according to recent National Science Foundation (NSF) report. For the U.S. as a whole, the per capita amount rose 25.8 percent from 2001 to 2005.



The District of Columbia was followed by Maryland ($261.49), Massachusetts ($214.11), California ($136.62), and Hawaii ($133.94) in 2005, based on the NSF data. The national average in 2005 was $84.35 per person. At the other end of the rankings, Puerto Rico experienced the lowest average at $16.29 per capita. This ws followed by Maine ($23.06), West Virginia ($27.27), Oklahoma ($30.97), and Florida ($33.12).



States experiencing the largest increase per capita from 2001 to 2005 were North Dakota at 107.2 percent, Idaho at 67.7 percent, Nevada at 66.5 percent, Hawaii at 61.7 percent, and Louisiana at 59.8 percent.



2007 Election Results: New Governors Promote TBED Strategies; Ballot Items Reveal Mixed Results

The 2007 state elections resulted in two newly elected governors, both promoting TBED strategies as a means to grow the states’ economies. In both cases, the new governorships reflect a change in party affiliation. A third gubernatorial race resulted in the re-election of Gov. Haley Barbour to a second term in Mississippi.

 

Kentucky

Democratic candidate Steve Beshear defeated Republican incumbent Ernie Fletcher by a 59-41 percent margin. The former lieutenant governor, attorney general and state representative unveiled an economic development platform during his campaign that consists of three major components -- the Kentucky Jobs First Plan, Fueling Kentucky First and Putting Opportunity First.

 

Michigan Lawmakers Approve Budget: 21st Century Jobs Fund Spared, Three Universities Receive Special Status

For the better part of the year, lawmakers in Michigan have faced the daunting task of balancing both a budget shortfall for fiscal year 2007 and a nearly $1.6 billion deficit for FY 2008. An agreement between Gov. Jennifer Granholm and lawmakers was reached in the early morning hours of Oct. 31, following a one-month extension of the deadline and a brief government shutdown.

Brookings Launches Blueprint for Prosperity – One Year before ‘08 Presidential Election

On Tuesday, exactly one year before the U.S. goes to the polls to choose its next president, the Brookings Institution launched a national competitiveness initiative titled Blueprint for American Prosperity: Unleashing the Potential of a Metropolitan Nation. The central premise of the Blueprint is that the “health, vitality, and prosperity” of the major cities and metropolitan areas in the U.S. will be the drivers of the country’s ability to compete globally and meet future economic, social, and environmental challenges. During the next 12 months, Brookings will release a series of reports geared towards the next presidential administration and Congress to address various competitive and economic issues.

 

Arizona Governor Unveils New Economic Development Structure

In an effort to streamline economic development strategies and market the state as a globally competitive place to pursue new business ventures, Arizona Gov. Janet Napolitano recently announced the creation of a new model for economic development last month.

 

A year-long study on the overall economic health of the state resulted in the creation of the Arizona Economic Resource Organization (AERO) and a newly expanded Arizona Global Network (AGN). AERO will serve as an umbrella organization for all economic development activity in the state to coordinate and leverage assets, set workforce strategies, and provide policy leadership and branding. 

 

Useful Stats: 2005 Federal R&D Obligations to Universities and Colleges by State

The federal government made obligations of $25 billion in R&D to colleges and universities in fiscal year 2005 ­- a 4.8 percent increase from the FY 2004 total of $23.8 billion, according to new National Science Foundation (NSF) data. In its report, Federal Science and Engineering Support to Universities, Colleges, and Nonprofit Institutions: Fiscal Year 2005, NSF details all categories of direct federal science and engineering support to institutions of higher education in the U.S.

 

Delving deeper into the data, SSTI has prepared a table showing the state rankings for total federal academic R&D obligations and percent change over the five-year period from 2001-2005. During this time, federal R&D obligations grew by 29 percent but some states experienced much larger changes. North Dakota showed the largest increase in federal R&D obligations at 106.7 percent, followed by Nevada (91.6 percent), Idaho (81.4 percent), Hawaii (68.6 percent) and Louisiana (61.4 percent).



SSTI Job Corner

A complete description of this opportunity and others is available at http://www.ssti.org/posting.htm.



The Maine Technology Institute (MTI) is seeking someone to serve as manager of cluster and commercialization support programs. This position is primarily responsible for managing MTI's programs supporting the development of vibrant technology-intensive clusters and its activities supporting awardee commercialization and capital access.

People

Sally Bilancia was selected to replace Sally Bates as the development director in the City of Bangor, Maine.



Jeff Coney was named Northwestern University's first director of economic development.



Dr. Paul Kedrosky has joined the Ewing Marion Kauffman Foundation as a senior fellow.



Peter Longo was appointed president and executive director of Connecticut Innovations. Longo previously served as the organization's deputy director and acting executive director.



People

Sally Bilancia was selected to replace Sally Bates as the development director in the City of Bangor, Maine.

People

Jeff Coney was named Northwestern University's first director of economic development.

People

Dr. Paul Kedrosky has joined the Ewing Marion Kauffman Foundation as a senior fellow.