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SSTI Digest

Geography: Indiana

Governor's Budget Eliminates Indiana's $20M Life Sciences Fund

During his presentation of the fiscal year 2009-11 budget last week, Gov. Mitch Daniels said the state's weakening economy will require the suspension of funds for some initiatives supported by his administration. For the TBED community, the governor's proposal delays funds for research aimed at building the state's life sciences portfolio, including elimination of a $20 million Life Sciences Fund at the Indiana School of Medicine and Purdue University and $3 million for the High Growth Business Incentive Fund to encourage high-wage companies to locate or expand in the state.

TBED People

  • Tony Armstrong, Indiana University executive director for engagement, has been chosen as the Indiana University Research and Technology Corporations new president and CEO.
  • Jeff Costantine will retire this fiscal year as president of the Nashville Technology Council. The board of directors has begun the search for a new president.
  • Joseph G. Danek stepped down as executive director of the EPSCoR/IDeA Foundation. He will continue work at the foundation as its senior advisor and will also remain senior vice president of the Implementation Group, a Washington consulting firm. James B. Hoehn, a senior associate at the foundation, became its executive director. 

Incubator RoundUp: Growing and Sustaining High Technology Companies

Offering customized workspace such as wet laboratories and specialized research equipment is one of the many benefits provided by technology-focused incubators. Access to university research, business mentoring and administrative support services often accompany the reduced rent facilities with the goal of growing technology companies into successful, self-sustaining enterprises. Following are select announcements of recently launched incubators and partnerships from across the nation. 
 
GateWay Community College recently received a recommendation from the Phoenix Parks, Education, Bioscience and Sustainability subcommittee of the Phoenix City Council to enter into an intergovernmental agreement with the college to build a bioscience incubator laboratory with wet lab space, the Arizona Republic reports. The wet lab would be a minimum of 5,000 sq. ft. and located near the Phoenix Biomedical Campus.
 

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.

People & TBED Organizations

Publisher's Note: SSTI notes with much sadness the March 5 passing of Indiana State Sen. David Ford, following a battle with pancreatic cancer. David was a good friend not only of SSTI's, but also of the tech-based economic development community across the nation. In addition to being a tireless and cheerful advocate for investing in science and technology, he was also a gentleman in the true sense of the word, and we miss him greatly.

David Abbott, executive director of the George Gund Foundation, was elected the new chairman of the Northeast Ohio-based Fund for Our Economic Future. Abbott replaces Robert Briggs of the GAR Foundation, who had served as chairman since the Fund was formed in 2004.

Birgitte Ahring has joined Washington State University as the director of the Center for Bioproducts and Bioenergy and as the Battelle Distinguished Professor, based at WSU Tri-Cities.

People & TBED Organizations

The Illinois Technology Development Alliance (ITDA) this week promoted John Noel to become ITDA's permanent president. Noel had been serving as interim president over the past 15 months.

People

Bill Bradley is the new executive director of the Jay County Development Corp. Bradley fills the vacancy left by the late Bob Quadrozzi.

People

Ron Gifford is the new president and CEO of the Indy Partnership. Gifford replaces Gordon Hendry, who left to take an executive position with CB Richard Ellis.

People

John Hertig was appointed executive director of the Alfred Mann Institute for Biomedical Development at Purdue University.

People

Kenneth Kahn will be the Avrum and Joyce Gray Director of the Burton D. Morgan Center for Entrepreneurship at Purdue University, effective Jan. 1. In addition to directing the center, Kahn will be a professor in the university's Department of Industrial Technology.

SSTI Job Corner

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



Griffin Analytical Technologies, a high-tech, high-growth chemical detection company focused on identifying chemical warfare agents and explosives and environmental monitoring applications, is seeking someone for the position of research scientist. This position is responsible, in part, for performing R&D in the chemical, explosives and bio detection areas and helping to identify funding opportunities. A Ph.D. or M.S. degree in chemistry is preferred; a B.S. degree with five-plus years of experience will be considered.

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.