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SSTI Digest

Geography: Tennessee

People & TBED Organizations

A number of regional economic development organizations in Tennessee have formed a partnership called Innovation Valley Inc. Partners in Innovation Valley Inc. include the Blount County Chamber of Commerce, Knoxville Area Chamber Partnership, Loudon County Economic Development Agency, Oak Ridge Economic Partnership, The Roane Alliance and Tellico Reservoir Development Agency.

SSTI Job Corner

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



The Oak Ridge National Laboratory (ORNL) is seeking a director to lead the Industrial and Economic Development efforts for ORNL’s Partnerships Directorate. The incumbent will develop and execute a new Industrial Partnerships strategy, interface with the region’s economic development professionals to maximize ORNL’s contributions to regional economic growth, lead ORNL’s entrepreneurial efforts, and perform other responsibilities. A bachelor’s degree in general business, planning, marketing or a related field and at least 10 years of senior experience involving a combination of community, technology and economic development marketing and recruitment are required. A master’s degree is preferred.

Tennessee Governor Requests $29.3M for Jobs Package, Research

Referring to his fiscal year 2008-09 budget recommendation as “back to basics,” Gov. Phil Bredesen proposed significant investments in research and workforce initiatives while vowing not to tap into reserves or raise taxes.

 

Earlier this week during his State of the State Address, Gov. Bredesen unveiled his ambitious budget proposal, which includes a total investment of $30.5 million in workforce initiatives. The Department of Economic and Community Development is slated to receive $29.3 million for the governor’s Next Steps Jobs strategy – $25.3 million for the FastTrack Infrastructure Development Program and Job Training Assistance and $4 million for business development. Additionally, $1.2 million – the same level as last year – is recommended for the Rural Opportunity Fund, a public-private partnership implementing a small business loan program targeted to small, minority and women-owned businesses in rural parts of the state.

 

People & TBED Organizations

The Howard County Economic Development Authority appointed Larry Collins as a new technology manager and as executive director of the new Howard Technology Council.

People & TBED Organizations

Eric Cromwell is the new president of Tennessee Technology Development Corp., an organization designed to leverage state, federal and private sector investments in science and technology infrastructure for economic value.

SSTI Job Corner

Complete descriptions of these opportunities and others are available at http://www.ssti.org/posting.htm.



Oak Ridge National Laboratory (ORNL) seeks an additional senior member to join its technology transfer team as a senior commercialization manager or possibly as deputy director. This key individual is needed to identify, evaluate and commercialize technologies created at a major U.S. Department of Energy laboratory and to serve as liaison between some of the laboratory's most significant research divisions and the business community. He or she should have a high level of technical expertise in a physical science, as well as significant experience in sales or business development.



People & TBED Organizations

Alex Fischer, formerly Oak Ridge National Laboratory's director of technology and economic development, has been tapped as the new vice president for commercialization for Battelle.

TBED People

John Schaerer is the new director of technology development and transfer for Chattanooga's Enterprise Center.

Job Corner: TTDC Seeks President & CEO

The Tennessee Technology Development Corporation (TTDC), the lead organization in Tennessee for technology-based economic development, is seeking a president and chief executive officer (CEO). This position is responsible for the overall direction and management of TTDC and its programs, including resource development, finances, contracts, compliance reporting and operational policies. He or she will work with a 22-member board of directors to establish and successfully implement a work plan that fulfills the organization's mission. At least 10 years of leadership experience and a graduate degree in business or relevant scientific field are required. For a full description of this opportunity and others, visit the SSTI Job Corner at http://www.ssti.org/posting.htm.

People

Eric Cromwell announced he is resigning as director of technology development for the State of Tennessee.

Tennessee Governor Requests Funding for TBED, Alternative Fuels in Next Budget

Gov. Phil Bredesen’s budget proposal for 2007-2008 includes more than $100 million in new funding for several new education and high-tech development initiatives and a strategy to spur the state’s alternative fuels industry.

 

In his annual State of the State Address, the governor emphasized the need for major changes in the state’s educational system. In addition to augmenting state funding for pre-K programs, teacher salary increases and assistance for at-risk students, Gov. Bredesen’s budget calls for a massive initiative to improve the state’s flagging graduation rates and low higher ed enrollments. His plan calls for the creation of five-year high school programs that would coordinate with local community colleges to offer associate’s degrees to participating students. Students who do not participate in these programs, but demonstrate a reasonable level of college readiness, would be able to attend a community college after high school without paying tuition.

 

Tennessee Innovation Strategy Targets High-Tech Research Jobs

Gov. Phil Bredesen has released a comprehensive job creation strategy with a particular focus on producing high-quality research jobs by supporting statewide innovation. Announced earlier this month, "Next Steps: Job Creation" is a four-point plan intended to attract and foster new businesses.



The strategy addresses the state's need to develop a more skilled workforce, invest in broadband and utility infrastructure, encourage local economic development leadership, and provide incentives to high-tech entrepreneurs. Bredesen, who has unveiled the plan with less than two months remaining in his bid for re-election, believes that the plan will help spur the state's job market by creating a more appealing business climate. One part of the plan, the new Innovation Tennessee initiative, will directly assist entrepreneurs and researchers in bringing their ideas to market.