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Maryland Budget Request Includes $43M for BIO 2020 Initiative

In his budget presentation to the legislature last week, Gov. Martin O’Malley called for continued support of his 10-year, $1 billion plan to build Maryland's reputation as a global leader in biosciences. To this end, the governor recommends $43 million in FY11 for stem cell research, tax credits for biotech companies, and support for biotechnology commercialization and translational research.

Gov. O’Malley’s budget includes $12.4 million for stem cell research administered by the Maryland Technology Development Corporation (TEDCO), about the same as last year. Although lawmakers approved $15.4 million for the Stem Cell Research Fund last year, budget documents indicate a FY10 appropriation of $12.35 million. TEDCO would receive a total $15.85 million in FY11 under the governor’s proposal, which is $115,000 more than the FY10 appropriation. This includes $3.45 million for technology development, transfer and commercialization activities through TEDCO’s University Development Transfer Fund and the Maryland Technology Transfer and Commercialization Fund. Additional recommendations in support of Bio 2020 include:

New Efforts Aim to Improve Manufacturing Competitiveness

Two recent efforts – a new program launched in Maryland and legislation introduced in Congress – aim to help manufacturers retool for the rapidly changing economy. Successful tech-based economies have an environment conducive to industry development of new, leading-edge products or services or processes that significantly enhance the competitiveness of existing operations. Programs and initiatives that provide industries with the essential tools and resources to effectively compete in the global marketplace are imperative to achieving this climate.

In Maryland, a new program that pulls together a network of resources from around the state recently was launched to provide expanded services to the state’s manufacturers. A partnership between the University of Maryland’s Technology Enterprise Institute and the Regional Manufacturing Initiative, the Maryland Manufacturing Partnerships program will deliver services to manufacturers focusing on four main areas:

Incubator Numbers Grow with Interest in Tech Entrepreneurship as Recession Cure

As economists and policymakers debate the details of how and when the nation will recover from the recession, the topic of entrepreneurship and the role it will play in shaping the new economy continually arises. In the coming years, some analysts predict a rise in entrepreneurship both as a result of massive layoffs and an aging workforce not yet ready or able to retire. Highlighting the correlation between joblessness and the uptick in entrepreneurship, several recent news articles have featured stories of the unemployed forgoing disappointing job searches and the corporate environment to pursue business ownership.

Maryland Plan Calls for $72M Investment in STEM Workforce, R&D Infrastructure

To establish Maryland as a global leader in science, technology, engineering and mathematics (STEM) workforce and STEM-based R&D infrastructure, a task force convened last year by Gov. Martin O'Malley urges the state to adopt a set of initiatives to reach higher performance standards in teaching and learning in addition to greater productivity in transforming the state's high volume of R&D activity into economic growth and job creation.

TBED People and Organizations

Rebecca Bagley, who left her position as deputy secretary for the Technology Investment Office within the Pennsylvania Department of Community and Economic Development, was appointed president-elect of NorTech. Bagley will succeed Dorothy Baunach, the founding staff director of NorTech, as president and chief executive officer. Baunach will become president emeritus, serving as an adviser until December 2010. John Sider has been appointed to succeed Bagley. Prior to his appointment, Sider served as the director of venture investment for DCED.

Steve Crawford is leaving Brookings to take a new job as vice president for policy and research at CFED -- the Corporation for Enterprise Development in Washington, DC.

Listen to SSTI's Interview with Jim Poulos of the Maryland Technology Development Corporation (TEDCO)

Listen to SSTI's Interview with Jim Poulos of the Maryland Technology Development Corporation (TEDCO)

SSTI has an effective new learning tool for TBED policymakers and practitioners seeking guidance in approaches to building and sustaining tech-based economies. Through exclusive interviews with Excellence in TBED Award recipients, find out first-hand how these award winning initiatives successfully responded to a critical need by applying innovative approaches to generate substantial economic gains for their region.

NIH Seeks Comments on Conflict of Interest Regulations

Last week the NIH issued a request for comments regarding potential changes to existing federal regulations covering conflicts of interest in the design, conduct, or reporting of NIH-affiliated research. Through an Advanced Notice of Public Rule Making (ANPRM), the regulations include topics such as:

Expanding the scope of regulation and disclosure interests; Refining the definition of a "significant financial interest"; Determining how institutions can identify and manage conflicts; Assuring institutional compliance; Providing additional information to the Public Health Service (PHS); and, Broadening regulations to address institutional conflicts of interest.

The comment period is open until July 7, 2009 and opinions may be submitted online, by fax, or by mail.

TBED People and Organizations

W. Steven Burke is the new president of Biofuels Center of North Carolina.

Bill Gimson has been named executive director of the Cancer Prevention and Research Institute of Texas. Gimson recently retired as the chief operating officer of the Centers for Disease Control and Prevention.

Jeremy Hill has been named the director of the Center for Economic Development and Business Research at Wichita State University. Hill replaces Janet Harrah, who left the post for Northern Kentucky University.

Maryland Budget Agreement Continues Support for Bio 2020 Initiative

The budget agreement passed by Maryland lawmakers earlier this month includes funding for several initiatives in support of Gov. Martin O'Malley's plan to invest more than $1 billion over ten years in Maryland's biotechnology industry. Declining state revenues as a result of the recession were not without their impact, however.

A key component of the Bio 2020 Initiative is the state's investment in stem cell research. To this end, lawmakers approved $15.4 million for the Maryland Stem Cell Research Fund administered by the Maryland Technology Development Corporation (TEDCO).  This appropriation is $2.6 million less than the total funds available in FY09 and $3 million less than the governor's recommendation. TEDCO also will receive the governor's full recommendation of $3.7 million ($600,000 less than last year) for technology development, transfer and commercialization.

Listen to SSTI's Interview with Martha Connolly of the Maryland Industrial Partnerships Program

SSTI has an effective new learning tool for TBED policymakers and practitioners seeking guidance in approaches to building and sustaining tech-based economies. Through exclusive interviews with Excellence in TBED Award recipients, find out first-hand how these award winning initiatives successfully responded to a critical need by applying innovative approaches to generate substantial economic gains for their region. Maryland Industrial Partnerships Program (MIPS) 2007 Winner for the Improving Competitiveness of Existing Industries category

NIST's TIP Convening Three More Proposers' Conferences

With a $25 million funding opportunity currently on the streets for manufacturing and infrastructure research projects, the Technology Innovation Program (TIP) has added three more locations and dates for proposers' conferences next week. The free public meetings will provide general information regarding TIP, guidance on preparing proposals, and the opportunity for questions and answers. NIST/TIP staff will answer questions about the TIP eligibility and cost-sharing requirements, evaluation and award criteria, selection process, and the general characteristics of a competitive TIP proposal at the Proposers' Conferences and by phone and email.

Monday, April 13, 2009 Boston Massachusetts 1PM - 5PM Eastern Time Marriott Boston Cambridge

Wednesday, April 15, 2009 Detroit Michigan 1PM - 5PM Eastern Time Detroit Marriott at the Renaissance Center

'09 TIP Funding Cycle Targets Manufacturing, Infrastructure

The Technology Innovation Program (TIP) in the National Institute of Standards and Technology is using its FY09 award competition to support high-risk, high-reward research in civil infrastructure and manufacturing. The program has $25 million available to support as many as 25 new awards. TIP is open to individual small-sized or medium-sized businesses or to joint ventures that also may include institutions of higher education, nonprofit research organizations and national laboratories. TIP awards are limited to no more than $3 million total over three years for a single company project and no more than $9 million total over five years for a joint venture.