People & TBED Organizations
Christopher Hansen will succeed William Archey as AeA's next president and CEO. Hansen will start on Nov. 15, overlapping with Archey until February 2008 to ensure a smooth transition.
People & TBED Organizations
Dr. Daryush Ila was chosen to serve as executive director of the Alabama EPSCoR Steering Committee. Ila heads the Alabama A&M University Research Institute.
Milken Report Provides Suggestions for Better Biotech Funding
In a time of tightening budgets and funding shortfalls, many institutions are searching for innovative sources of capital to finance their investment needs. Financial Innovations for Accelerating Medical Solutions, a recent report from the Milken Institute, provides some insight on inventive ways to raise capital for the biotechnology industry.
People
William Carney is the new president and CEO of the Inland Empire Economic Partnership, a private, nonprofit regional economic development organization in southern California. Carney replaces Paul Hiller, who left earlier this month to take a similar job in Boise, Idaho.
Renewable Energy Measure Approved in Washington, Fails in California
Two states had measures on the ballot to address energy conservation and encourage alternative energy production and technology. While Washington's measure passed, California's failed.
Gov. Schwarzenegger Uses Executive Order to Develop Broadband Policy
In late October, Gov. Arnold Schwarzenegger signed an executive order designed to stimulate the growth and utilization of broadband networks throughout the state of California. Some the major components of this initiative include:
Workforce Readiness Issues to be Tackled in Texas, Los Angeles
On paper, the Jan. 4 FedEx Rose Bowl, which pits the Universities of Texas and Southern California against each other, will decide college football's national champion.
Alaska Authorizes Nearly Eight-fold Increase in Public VC Investments
The available pool of equity capital grew substantially last Thursday as the board of trustees for the $31.7 billion Alaska Permanent Fund approved the placement of 8 percent of the fund's value into alternative assets, such as venture capital funds and hedge funds. The Associated Press reports the current value of all alternative investments held by the Permanent Fund totals $292 million.
People
Gov. Arnold Schwarzenegger has selected Brian McGowan to replace Yoland Benson as deputy secretary for economic development in California's Business, Transportation and Housing Agency. McGowan, San Bernardino County's economic development administrator, will start his new position in January. Gov. Schwarzenegger also has appointed Teresa Takai as the state's first Cabinet-level chief information officer.
Not All Is Rosy for Middle Class, Silicon Valley Index Shows
According to the latest index from JointVenture Silicon Valley, 2007 looks like a pretty good year compared to 2006 when you look at many standard measures of economic performance. There were 28,000 new jobs created, a 1.5 percent increase in population, and 21 percent growth in solar and wind energy installations. Water use also dropped 6 percent, venture capital investments were up 11 percent, median household income rose, and city revenues were up 37 percent.
Three VC Firms Picked to Extract Green Tech from Federal Labs
Last week, three venture capital firms were chosen by the Department of Energy (DOE) to participate in its new Entrepreneurship in Residence (EIR) program, a pilot initiative designed to get advanced energy technologies out of the federal labs and into the marketplace. In the program’s design, an entrepreneur affiliated with each venture capital firm will work with the selected DOE laboratory staff in order to identify and evaluate marketable technologies.
Cities Pursue Innovative Strategies to Grow Clean Technology Businesses
As renewable energy and environmental technologies emerge as some of the promising industries for high-tech economic development, more cities are seeking new ways to boost clean technology research and businesses. Austin, San Jose, Berkeley, Pasadena and Boston have been singled out for their efforts to promote cleantech industries by SustainLane Government, a nonprofit Internet-based organization that provides current practices and news about municipal sustainability.
People
Oleg Kaganovich will resign as CEO of the Sacramento Area Regional Technology Alliance (SARTA) in June 2007, but remain a member of SARTA's board of directors.
People
J.D. Stack replaces Oleg Kaganovich as the new CEO of the Sacramento Area Regional Technology Alliance.
TBED People
William Archey, CEO of AeA, announced he will retire in 2008.
People
The Clovis, Calif.-based Central Valley Business Incubator selected Craig Scharton as its new chief executive, replacing outgoing chief executive Glenn Patch.
People
Donald Siegel has accepted a position as professor of entrepreneurship and associate dean with the University of California at Riverside's A. Gary Anderson Graduate School of Management.
SSTI Job Corner
Complete descriptions of the position openings described below are available at http://www.ssti.org/posting.htm.
Milken Finds California, U.S. Lead Biotech Transfer
Separate MERIT Study of European Tech Transfer Contradicts Some Conclusions
California Manufacturing Technology Center Seeks Applicants
The California Manufacturing Technology Center has begun a search process for qualified applicants to fill a number of economic development-oriented engineering positions. The CMTC seeks applicants with over eight years of hands-on manufacturing experience to: define and develop proposals, present to potential clients, perform and manage projects, and build a network of consultants.
Position Available at NASA (USC)
Director, NASA Far West Regional Technology Transfer Center (FWRTTC), School of Engineering, University of Southern California
The mission of FWRTTC is to play a leading role in the commercialization of NASA technology, with the primary focus on technology developed in the three NASA field centers in its region; Ames Research Center, Jet Propulsion Laboratory, and Dryden Flight Research Center.
Three Cities Receive NSF Urban Systemic Initiative Awards
Milwaukee, St. Louis, and San Diego were named to receive a National Science Foundation (NSF) grant for developing system-wide reforms in K-12 science, mathematics, and technology education. The awards are part of NSF's Urban Systemic Initiative. The initiative supports science, math, and technology education reform in cities with the largest number of school-aged children living in poverty.
Recent Research: Eminent Scholars and Economic Development
[Editor’s Note: The following discussion regarding the research’s relevance to state and regional TBED policy is SSTI’s. It will not be found in the working paper, nor do we mean to suggest these conclusions were drawn by professors Zucker and Darby.]
Southern Growth Seeks Nominations for Innovative Programs in South
Southern Growth Policies Board, a regional public policy think tank, is accepting nominations for its Innovator Awards.
People
Kevin Holmes returned to his alma mater, Santa Clara University, to join the Leavey School of Business as executive director of its Center for Innovation and Entrepreneurship (CIE).