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SSTI Digest
Tech Talkin' Govs, Part I
SSTI annually scans the inaugural, budget and state of the state addresses given by the nation's governors to see how TBED priorities fare as the state leaders present their legislative priorities for the year. If the addresses are right, more than a handful of states will be "the" leader for alternative or renewable energy within a variety of time spans. Highlights of speeches available at press time include:
Arizona
Gov. Janet Napolitano, State of the State Address, Jan. 8, 2007
"I want to focus on where we go from here, where we will take Arizona in the 21st century. There are three components to this One Arizona Plan – the keys to making our state stronger than it has ever been:
The first key is Education … to guarantee that every young person who graduates from Arizona’s schools is truly prepared for a world of competition and innovation...The third key is Innovation.
New Jersey Appropriates $270M to Build Biomedical and Stem Cell Research Facilities
Last month, New Jersey Gov. Jon Corzine signed a bill that will contribute $270 million to the construction of five biotechnology research facilities across the state. The funding source will be bonds backed up by cigarette tax revenue, as issued by the New Jersey Economic Development Authority. Gov. Corzine believes the state is at a strategic moment to accumulate "a critical mass of scientists, researchers, doctors and physical facilities" ahead of the next presidential administration, which will dictate future federal spending on stem cell research.
The proposal includes:
$95M California Research and Innovation Initiative Would Target Green Energy, Biotech and Nanotech Jobs
California Gov. Arnold Schwarzenegger has announced that his proposed budget for 2007-08 will include a $95 million initiative to support new and existing facilities for high-tech research. The California Research and Innovation Initiative would provide funding to several university-based projects around the state hosting clean energy, biotechnology, and nanotechnology research and commercialization activities. Gov. Schwarzenegger explained that his initiative would build upon the state’s academic resources and large pool of scientists and engineers to ensure California’s continued leadership in high-tech innovation.
Hawaii’s Investment in State TBED Agencies to Increase Dramatically in Proposed Budget
Hawaii Gov. Linda Lingle has submitted her budget proposal to the state legislature for the fiscal biennium 2007-09, including significant increase in the amount allocated for certain state economic development entities. The High Technology Development Corporation (HTDC), a state agency that develops and supports Hawaii’s science and technology resources, would grow from average annual expenditures of $4.2 million in the 2005-07 biennium cycle to $9.8 million in the next cycle. Projects funded by HTDC include providing matching grants for Hawaii-based companies receiving SBIR funds, administering high-tech incubators across the state and the state’s MEP program, and managing a renewable energy development initiative.
The Hawaii Strategic Development Corporation (HSDC) also would see a marked change going from a $246,500 budget in fiscal year 2005-06 and $4.3 million in FY 2006-07, up to a proposed $9 million in FY07-08 and $6.9 million in FY08-09. The primary goal of the HSDC is to provide investment capital to Hawaii-based businesses, such as seed capital and venture capital.
Gov. Douglas Introduces Four-part Strategy to Promote Vermont TBED
In his inaugural address last week, Vermont Gov. Jim Douglas announced a four-part plan to bolster research and high-tech economic development. The governor’s Vermont Way Forward strategy would promote high-tech business, particularly in the state’s emerging environmental engineering industry. In addition, the strategy includes a plan to make Vermont what the governor says would be the country’s first “e-state,” one in which universal access to broadband and wireless technology are available anywhere within the state’s borders.
South Carolina Governor Proposes $2M for Broadband
South Carolina Gov. Mark Sanford announced that his budget for fiscal year 2007-08 will include a request for $2 million to bring high-speed Internet access to rural parts of the state. This allocation from the state’s Capital Reserve Fund would be used to create a Rural Broadband fund to increase broadband penetration in underserved communities and is designed to boost economic development by providing Internet access to students, businesses and entrepreneurs.
High-speed broadband connections are only available in 73 percent of the areas receiving phone service in South Carolina, according to recent data from the state’s Office of Regulatory Staff. The governor’s budget cites a study by the Freedom Works Foundation, which estimates that widespread broadband deployment in the state would add nearly 13,000 jobs and increase gross state product by $4.55 billion. The new fund would support efforts to provide rural counties and other local government entities with high-speed broadband, which could be used to assist local businesses, entrepreneurs and schools.
Useful Stats: 2005 Science & Engineering Doctorate Awards by State
The National Science Foundation (NSF) has released the 2005 statistics for science and engineering (S&E) doctorate awards. Science and Engineering Doctorate Awards: 2005 details trends in doctorate awards by S&E field and recipient characteristics, institutions awarding doctorates, and postgraduation plans of recipients.
Using NSF and U.S. Census Bureau data, SSTI has prepared a table providing state ranking for doctorate awards by major field and state rankings for the total S&E doctorates awarded per 100,000 residents. The top five states in 2005 for total S&E doctorates awarded per 100,000 residents are the District of Columbia, Massachusetts, Rhode Island, Delaware and Maryland.
SSTI's table is available at: http://www.ssti.org/Digest/Tables/010807t.htm
NSF’s Science and Engineering Doctorate Awards: 2005 is available at: http://www.nsf.gov/statistics/nsf07305/
Save the Dates!: SSTI's Annual Conference Set for Oct. 18-19, 2007
As you begin to fill in your 2007 calendar, remember to mark Oct. 18-19, 2007 to attend SSTI's 11th annual conference in Baltimore! Past attendees know SSTI's conference is the perennial premiere professional development event for the TBED community. And 2007 will be no exception. The conference will be held at the Renaissance Baltimore Harborplace Hotel, right on the city's exciting waterfront. As in past years, the conference agenda will be set by our members and affiliates to ensure the most timely and relevant topics for transforming regional economies. Look for more information on SSTI's website soon. Please contact Noelle Sheets, director of membership services, at 614.901.1690 if you have any questions.
Commission Says U.S. K-12 Education Needs Sweeping Changes to Maintain National Competitiveness
The New Commission on the Skills of the American Workforce, a bipartisan group of academic, industry and government leaders, is calling for a massive overhaul of the U.S. education system. In its new report, Tough Choices, Tough Times, the panel of business leaders, scholars, education officials, and former governors and cabinet secretaries argue that the country’s current system of K-12 education is outdated and must be restructured to enable American students to thrive in the global economy.
While most students once required only a rudimentary education to participate in the workforce, technological changes and globalization now demand skilled workers who have been trained in high-quality schools. The commission maintains that the current U.S. system is ill-suited to meeting these needs at any level of funding. Instead, it proposes a new structure that would begin educating children earlier and increase the number of students that enter the workforce with the necessary skills.
Indiana Governor Proposes Higher Ed Initiatives to Stem 'Brain Drain'
State lottery would be leased to private company to finance fund, scholarships
Two initiatives recently proposed by Gov. Mitch Daniels would keep graduating college students in-state and lure world-class researchers to Indiana's public universities. However, a lottery lease plan that would, in part, finance the initiatives may be more the center of attention with Indiana legislators.
The initiatives: (1) a forgivable loan of up to $20,000 for students who attend four-year colleges or universities in Indiana and stay in the state for three years, else repay the loans, and (2) a fund that would create endowments to cover salary and start-up costs to draw the aforementioned researchers and scholars from outside of Indiana.
Oregon Sets Sights on Innovation Plan
The Oregon Innovation Council (Oregon InC), which spent a year reviewing how best to expand the state’s economy by leveraging industry-supported initiatives with public investments, may get to see the toils of its labor come to fruition. Gov. Ted Kulongoski released earlier this month his 2007-09 budget, with full support for the innovation plan put out by Oregon InC.
Oregon InC, a private-public statewide advisory council created by the 2005 legislature, had proposed $38.2 million for investment in industry and research initiatives to increase productivity and generate innovative technologies (see the Oct. 2, 2006 issue of the Digest). The governor's budget includes full funding for the council's proposals, including:
Hawaii Commission Recommends Greater Accountability for High-Tech Investment Tax Credit Program
A recent report from Hawaii’s Tax Review Commission recommends the state eliminate or drastically overhaul its five-year old tax credit for high-tech investors. According to the report, the current credit provides no clear advantage to the state and appears open to taxpayer abuse. The commission was particularly troubled by the lack of data provided by taxpayers who were approved for the credit and by the lack of transparency concerning the credit within the state’s Department of Taxation.
A review undertaken on behalf of the commission was unable to determine the effectiveness of the credit, due to insufficient data on its cost to the state and its impact on state high-tech industries. This lack of transparency led the commission to suggest the Hawaii credit may be a ‘black hole’ for tax revenues, and propose legislative changes that would restructure the credit as a program of grants administered by a state agency.