SSTI Digest

SSTI annual conferences don't come in a box. We don't publish proceedings or post conference materials. Each year's event is designed as an intensive learning experience; it's about the question and answer, the give and take, the push and pull, the dialogue as much as the individual presentations. You have to be present to win, if learning and growing is winning. We think it is.

We're happy to say we know of multimillion-dollar state science & tech initiatives that have been launched as a direct result of the ideas, the enthusiasm, and the energy that past conferees took home after attending SSTI annual conferences. The key was the dynamic nature of the experience.

Need yet another reason why this conference fits your training needs? SSTI’s 8th Annual Conference is recognized by the International Economic Development Council (IEDC) as a professional development event that counts toward the recertification of Certified Economic Developers (CEcDs).

CEcDs greatly enhance their skills and marketability by attending the nation’s most comprehensive and intensive learning opportunity for building tech-based economies — SSTI's annual conference!

Seattle 2003 Sold Out. Register Early to Ensure a Seat in Philadelphia We heard from some of you last year about your disappointment and disbelief that you couldn't attend our annual conference in Seattle because it was sold out. It happens with SSTI conferences because our first concern is the quality of the event for our participants.

We feel it's tough to have productive discussions continue and build from breakout session to session or to count on running into the same new friends when you are one of a 1,000 or even 500 registrants. So we limit attendance.

It seems discussion on Capital Hill of the burgeoning federal deficit is loudest when the House, Senate or Administration considers the VA, HUD and Independent Agencies appropriations bill. Perhaps the bill always serves as the fall guy because alphabetically it is the last of the 13 appropriations bills Congress considers, then ignores and then hurriedly mushes together with the other unpassed funding bills several months into the new fiscal year.

The long stumbling title alone is only a small clue to the hodgepodge of agencies, priorities and orphans huddled together to form the third-largest appropriations bill considered each year behind Defense and Labor/HHS/Education.

In an appropriations bill where cuts are viewed as good news -- compared to the President's request for program termination, that is -- the small Community Development Financial Institutions (CDFI) Fund could consider itself very lucky after Friday's full House Appropriations Committee mark-up of the VA-HUD and Independent Agencies bill.

CDFI would receive $60.4 million in fiscal year 2005. The funding level is equal to the FY 2004 appropriation, but $12 million over what the Administration had requested for next year. Authorized in 1994, CDFI's goal is  to expand the availability of credit, investment capital, and financial services in distressed urban and rural communities. Funding activities leverage private-sector investments from banks, foundations, and other funding sources. Programs administered by the CDFI include the New Market Tax Credits.

July has been a tech-friendly month for Delaware Gov. Ruth Ann Minner. On July 14, the Biotechnology Industry Organization (BIO) named her "BIO Governor of the Year," recognizing her contributions toward growing the state's biotechnology industry, one of the strongest concentrations in the country. Further attesting to her grasp of biotech issues, Gov. Minner also serves as a co-chair of the National Governors Association Biotechnology Partnership.

More importantly though, the state legislature passed a capital budget in the early morning hours of July 1 that included all of the key components of the governor's New Economy Initiative. Gov. Minner signed the legislation later that same day.

Earlier this month, a Science Committee bill that would reauthorize the Manufacturing Extension Partnership (MEP) program and create a more robust manufacturing sector cleared the U.S. House of Representatives.

House Resolution 3598, the Manufacturing Technology Competitiveness Act of 2004, was passed by a voice vote after the House accepted one amendment and rejected three others. H.R. 3598 would help improve the competitiveness of U.S. manufacturers by providing grants to help develop new manufacturing technologies, establishing a fellowship program for manufacturing sciences postdoctoral and senior research fellows, and reauthorizing and strengthening the MEP program.

H.R. 3598 was brought to the floor under a modified rule, and the four amendments were offered. The House agreed to an amendment by Representative John Peterson (R-PA) that would require a public audit of all MEP centers but defeated:

Gov. Mike Rounds announced last week the creation of four new specialized research centers at the state's public universities. The $2.8 million in awards mark South Dakota's first foray into using university-based research investments as a tool to grow the state's economy, the governor said.

The four 2010 Research Centers are:

The National Institutes of Health (NIH), the largest federal funding source for life sciences research conducted by small tech firms, has selected the Larta Institute to manage its nationwide Commercialization Assistance Program. The multi-year $2.5 million award will target Phase II recipients of the NIH Small Business Innovation Research and Small Business Technology Transfer Programs (SBIR/STTR).

"NIH is interested in seeing products derived from SBIR funding make their way into the marketplace for the benefit of the American people," said Jo Anne Goodnight, NIH SBIR/STTR Program Coordinator. "We are committed not only to supporting high quality research through NIH SBIR awards, but to investing in the long-term success of our SBIR-winners."

Encouraging entrepreneurship has been a predominant focus since the recession and jobless recover, but a recent report from one of the country's leading colleges for entrepreneurial education cautions the current wave of new business starts will not cure many job woes.

Less than one out of every five businesses started in the U.S. has the innovative spark that could lead to strong job generation capabilities over the next five years, according to the 2003 Global Entrepreneurship Monitor (GEM), a study conducted by Babson College.

There are less than 100 of our readers - now approaching a total of 100,000 - that may be able to look into their electronic mailboxes and even eight-year-old paper files to see that this issue of the SSTI Weekly Digest is our 400th. What began in March 1996 as a two-page weekly fax to key science and technology leaders in most states has evolved into the one of the most widely read e-news sources for the tech-based economic development community in the U.S. The addition of the funding supplement to the Digest in January 2001 made the publication a powerful and popular tool for encouraging research, innovation and entrepreneurship by increasing local access to and awareness of federal and foundation research and economic development grant opportunities.

If you consider North America's public investment to encourage economic growth through science and technology at the state or provincial government level, Ontario should be in your top 10. And the recent injection of $63 million for technology commercialization might have bumped the province of 12 million residents up a place or two.

Late last month, the Ontario provincial government outlined a four-year commercialization plan to link public research institutions with companies that can move the research out of the lab and into the market. Universities, colleges and hospitals will receive $27 million to help them identify promising research and make them investor-ready; and institutions will receive an additional $36 million to establish pools of seed capital to commercialize the best ideas. The goal is to create more spin-off companies and accelerate the growth of small- and medium-sized enterprises and leading-edge jobs.