SSTI Digest

Finland remains the most competitive economy in the world and tops the rankings for the second consecutive year in The Global Competitiveness Report 2004-2005, released earlier this month by the World Economic Forum (WEF). The U.S. is in second position, followed by Sweden, Taiwan, Denmark and Norway, respectively.

The rankings are drawn from the results of the Executive Opinion Survey, a comprehensive survey conducted by WEF that polled more than 8,700 business leaders in 104 economies worldwide. The survey questionnaire is designed to capture those factors affecting an economy’s business environment that are key determinants of sustained economic growth. Particular attention is placed on elements of the macroeconomic environment, the quality of public institutions underpinning the development process, and the level of technological readiness and innovation.

The University of North Carolina-Chapel Hill received top honors as the most entrepreneurial campus in a Princeton Review survey of 357 schools and universities across the country. Moving UNC-Chapel Hill to the top of the list were such things as offering entrepreneurship as a major for its undergraduate business degree and several programs to help students launch their own careers as entrepreneurs.

Mark Benedetto, president of the University of Sioux Falls, has been elected chairman of the Sioux Falls Area Chamber of Commerce.

Julie Coons is the new president of the Technology Council of Maryland. Coons most recently served as executive vice president of PCIA -- the Wireless Infrastructure Association.

The Great Lakes Entrepreneur's Quest has hired Arthur DeMonte as its first executive director. DeMonte was global director of the e-Business Technology Center at Dow Chemical.

Mark Benedetto, president of the University of Sioux Falls, has been elected chairman of the Sioux Falls Area Chamber of Commerce.

Julie Coons is the new president of the Technology Council of Maryland. Coons most recently served as executive vice president of PCIA -- the Wireless Infrastructure Association.

The Great Lakes Entrepreneur's Quest has hired Arthur DeMonte as its first executive director. DeMonte was global director of the e-Business Technology Center at Dow Chemical.

Norma Grace, vice chancellor for technology and economic development at the University of New Orleans, has been elected as the 2004-05 president of the Association of University Research Parks.

The South Dakota School of Mines and Technology has named Dr. Gautam Pillay to the new position of vice president for research. Pillay was executive director of the Inland Northwest Research Alliance.

Duane Roth is the new executive director of UCSD CONNECT. Roth was CEO of Alliance Pharmaceuticals in San Diego.

Michael Terry, president and CEO of EmergeMemphis, has announced he will resign at the end of the year.

Senate Bill 1134, the reauthorization bill for the federal Economic Development Administration (EDA), only awaits the President's signature following Thursday's passage by the U.S. House of Representatives. SB 1134 was passed by the U.S. Senate just a day earlier.

Highlights of the Economic Development Reauthorization Act of 2003, as passed by Congress, include:

Earlier this week, 22 states and Puerto Rico were named recipients of more than $2.2 million in combined fiscal year 2004 Federal and State Technology Partnership (FAST) and Rural Outreach Program (ROP) awards. All but one of the 21 FAST awards distributed by the Small Business Administration (SBA) were worth $95,000 -- they totaled nearly $1.98 million. Five ROP awards of $49,470 also were made by SBA.

FAST, included in December 2000 legislation reauthorizing the Small Business Innovation Research (SBIR) Program, provides matching funds to enable states to augment or expand their tech business assistance and SBIR outreach efforts. FAST winners include: