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SSTI Digest
Geography: Maine
TBED People
Nicole Witherbee has joined the Maine Center of Economic Policy as a federal budget analyst and communications coordinator.
$50M Tech Fund Makes Cut for Maine Bond Package
A $295 million three-part bond referendum package passed by the Maine State Legislature last week includes a number of components central to the state’s TBED strategy, including funds to support continued development of the state’s research enterprise, expanded broadband access and increased rural/economic development financing.
The largest TBED item provides $50 million for the Maine Technology Fund to support research, development, and commercialization efforts of Maine-based public and private entities. The funds are limited to the state’s targeted fields of biotechnology, marine technology, composite materials, environmental technology, forestry and agriculture, information technology, and precision manufacturing.
Additionally, the package includes $48.5 million for improvements at the University of Maine and the state community college system and $2 million for revitalizing downtowns and expanding access to digital resources through the New Century Community Program.
Maine Considers Value, Impact of Public R&D Investments
Over the last 10 years, the State of Maine has invested more than $296 million into R&D – an impressive figure for a state with an average population over the decade of just over 1.3 million people. In approving a mid-decade injection of funds, the state’s legislature skeptically or wisely asked the executive branch to periodically conduct independent assessments of whether or not the investment is worthwhile.
Few states do that – for R&D investments or anything else, for that matter. As a result, the Maine Comprehensive Research and Development Evaluation 2006 may serve as a model for other states to build their own assessments.
In Maine’s case, the analysis is framed to address five questions, answering each in the affirmative but substantiated with dozens of statistics, comparisons with other states, and closing with a handful of recommendations.
People
Catherine Renault is the new director for the Maine Office of Innovation within the state’s Department of Economic and Community Development.
Assessment Finds MTI’s Impact Positive for Maine Economy
A new study of the Maine Technology Institute (MTI) reveals MTI's award programs have been effective in contributing to the success of its awardees and in increasing high-tech employment in the state. The MTI evaluation, conducted by the Center for Business and Economic Research (CBER) at the University of Southern Maine, also found that the success rate of MTI's funded projects improved over the five-year history of the organization. Although the available indicators suggest that MTI is a profitable investment for the state, the CBER report recommends that MTI pursue new methods of tracking its role in high-tech economic development.
People
Gov. John Baldacci has sworn in John Richardson as the new commissioner of the Maine Department of Economic and Community Development.
People
Peggy Schaffer left Maine's Office of Innovation to become chief of staff of the Maine Senate Majority Office.
Maine Ponders Mega Investments for R&D, Tech
$190 million? $200 million? $250 million? Each of these figures has been advanced in Maine to support three different approaches toward tech-based economic development. The bottom line for the 2007 legislative session is Maine’s elected leaders - from the governor and the state assembly - believe a sizable injection of public funding is required to accelerate research and technology commercialization in the Pine Tree State.
Job Corner: Maine Department Seeks Director for Office of Innovation
The Maine Department of Economic and Community Development is seeking a qualified, energetic, collaborative person to serve as director of its Office of Innovation. The Office of Innovation seeks to advance Maine's economic well-being and to expand employment opportunities by encouraging and coordinating the state's R&D activities and fostering collaboration among its higher educational and nonprofit research institutions and the business community. A four-year degree; experience in science, engineering, technology and/or business; and experience in the management of organizations that innovate, commercialize and deploy technology are among this position's minimum requirements. More information on this opportunity is available through the SSTI Job Corner at http://www.ssti.org/posting.htm.
People
Dr. Janet Yancey-Wrona left her post as director of the Maine Department of Economic and Community Development's Office of Innovation to join a new University of New England biotech start-up.
Maine Continues $41M Laptop Program
It caught the attention of quite a few people when it was first proposed in early 2001, but Maine's investment in 2002 to provide every seventh and eighth grader with a new laptop - approximately 32,000 students and 4,000 teachers - continues to provide a useful example of the size and type of commitment and risk that elected leaders have to be willing to make to transform the outlook for a state or regional economy. It took strong leadership and determination from then-Gov. Angus King to make it happen then, but the move very quickly was recognized as a good investment for the state's future (see 2004 evaluation report).
Maine Issues Guide for the Creative Economy
Maine Gov. Mark Baldacci has unveiled a new handbook intended to help communities to capitalize upon their cultural resources to spur economic growth. Maine's Creative Economy Community Handbook: Maine State Government Resources for Communities offers advice for community leaders interested in building a creative and dynamic workforce. The guidelines it gives for designing a strategic plan could benefit communities across the country interested in similar initiatives.
The handbook is the result of two years of work by Maines Creative Economy Steering Committee following a 2004 conference on the future of the state economy. The study was requested after it was reported that the creative economy was generating $6.6 billion annually in cultural tourism dollars. The committee has drawn upon the work of Richard Florida, who has theorized that networks of educated and entrepreneurial citizens lead to dynamic local economies.