SSTI Digest

Kentucky Gov. Ernie Fletcher appointed Denise Bentley to serve as liason to the Louisville Metro and Lexington-Fayette Urban County Government councils under the Governor’s Office for Local Development. The position is newly created.

Eric Davis, president of the Greater Owensboro Chamber of Commerce and Economic Development Corp, resigned last week.

The Purdue Research Foundation appointed Kathy DeGuilio-Fox to serve as interim executive director of the Purdue Technology Center of Northwest Indiana.

Jack Faris is the new president of the Washington Biotechnology & Biomedical Association.

Kentucky Gov. Ernie Fletcher appointed Denise Bentley to serve as liason to the Louisville Metro and Lexington-Fayette Urban County Government councils under the Governor’s Office for Local Development. The position is newly created.

Eric Davis, president of the Greater Owensboro Chamber of Commerce and Economic Development Corp, resigned last week.

The Purdue Research Foundation appointed Kathy DeGuilio-Fox to serve as interim executive director of the Purdue Technology Center of Northwest Indiana.

Jack Faris is the new president of the Washington Biotechnology & Biomedical Association.

On Friday, President Bush announced his intention to nominate Michael D. Griffin, of Virginia, to be administrator of the National Aeronautics and Space Administration. Dr. Griffin currently serves as Space Department Head at Johns Hopkins University Applied Physics Laboratory. Prior to that, he was president and chief operating officer of In-Q-Tel, Inc.

George "Mick" Stadler is the new CEO for the incubator at the Rochester Institute of Technology.

Last week's Digest reported on three reports that have been issued recently raising concerns about America's standing in the world in encouraging innovation. Each of the reports suggested stronger action on the part of the public and the private sector to ensure the U.S. will remain competitive.

Since the beginning of the year, the Digest has reported through its Tech Talkin' Govs series that the states are making investments for the future. This week, we devote this edition of the Digest to a sampling of how the governors are proposing to put money up to match their rhetoric.

SSTI, like other organizations, found few S&T winners in the Administration's FY 2006 federal budget proposal (download SSTI's special budget issue at http://www.ssti.org/Digest/2005/FY06_Federal_Budget.pdf). Now, two organizations are sounding the alarm that the U.S.'s standing as the world leader in innovation is in danger of slipping, if it has not already begun.

An initiative aimed at creating 2,500 new jobs throughout New Hampshire will offer low-interest loans to companies who commit to creating new jobs or expanding their current employment base in the state.

Gov. John Lynch, along with Citizens Bank New Hampshire President and CEO Thomas Metzger, recently announced the Citizens Job Bank Program, a $100 million fund that will offer loans at 2 percent below prime for a fixed rate of 3.5 percent.

According to the governor's office, borrowers must create at least one full-time job for every $40,000 borrowed. The terms of the loan will require that the specified jobs be created within three years after the funds are borrowed. The New Hampshire Department of Resources and Economic Development will administer the program and certify that borrowers fulfill their job creation commitment.

Gov. Sonny Perdue recently announced the creation of the state's fourth Center of Innovation. Located in Augusta, the Life Sciences Innovation Center (LSIC) will assist with business incubation and securing matching grants for applied R&D with industry partners through the Georgia Research Alliance.

A joint partnership between the state and the Life Sciences Business Development Center of the Medical College of Georgia, LSIC will enhance the likelihood of success for Georgia life sciences companies, according to the governor's office. The center will provide expertise and counsel for life science entrepreneurs, serve as an incubator facility for bio-business, and foster opportunities for joint university and private applied research work.

While wider market opportunities have led to increased exporting and lower costs for business operations in some Minnesota companies, others are facing difficult operational challenges as a result of the rapid integration of global business practices, according to a new Issue Brief from the Minnesota Department of Employment and Economic Development (DEED) and Minnesota Technology, Inc.