Incubator RoundUp: Growing and Sustaining High Technology Companies
Offering customized workspace such as wet laboratories and specialized research equipment is one of the many benefits provided by technology-focused incubators. Access to university research, business mentoring and administrative support services often accompany the reduced rent facilities with the goal of growing technology companies into successful, self-sustaining enterprises. Following are select announcements of recently launched incubators and partnerships from across the nation.
Places, Please: Local Entrepreneurship Facilities Take Center Stage for Most TBED Strategies
Whether you call it an incubator, accelerator, technology center or innovation zone, most communities actively engaged in promoting tech entrepreneurship can point to a building or group of buildings that houses some of those efforts. These facilities increase the success of budding tech firms by providing some combination of low-cost space, shared resources, business assistance, intellectual property assistance, and access to capital.
TBED People
- Tony Armstrong, Indiana University executive director for engagement, has been chosen as the Indiana University Research and Technology Corporations new president and CEO.
- Jeff Costantine will retire this fiscal year as president of the Nashville Technology Council. The board of directors has begun the search for a new president.
Tech Talkin’ Govs, Part II
The second installment of the Tech Talkin’ Govs series includes highlights from state-of-the-state, budget and inaugural addresses from Arizona, Colorado, Louisiana, Missouri, Nebraska, South Dakota, Vermont, and West Virginia.
Tech Talkin’ Govs, Part III
Highlights from State of the State addresses delivered in Alaska and Hawaii are included in the third installment of the Tech Talkin’ series.
Alaska
Gov. Sarah Palin, State of the State Address, Jan. 15, 2008
Budget Outcomes Unveiled in Several Western States
Bills have been passed and budgets approved with the close of several 2007 legislative sessions in the western states. The below article is part of the Digest's continuing coverage of the legislative outcomes of some of what governors proposed in their State of the State and budget addresses (see SSTI’s Tech Talkin’ Govs Series in the Jan. 8, Jan.
People & TBED Organizations
Ryne Johnson was named the new director of the Center for Entrepreneurship at Chico State University.
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
Hunt Lambert was selected as the new associate vice president for economic development in the Colorado State University system.
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.
State and Local Tech-based ED RoundUp
Colorado The Rocky Mountain Technology Alliance (RMTA) is a recently formed regional development organization for applied research and technology development whose membership includes universities, government organizations and private businesses.
People
Mike Kazmierski is the new president of the Greater Colorado Springs Economic Development Corp.
People
The Northern Colorado Economic Development Corp. has named Larry Penley, president of Colorado State University, the recipient of its first Regional Economic Development Excellence Award.
Understanding Renewable Energy's Role in Rural ED
An increasing number of states are realizing the potential role renewable energy can play in their tech-based economic development strategies (TBED) and future growth.
The Up and Down of CAPCO Programs
One starts up. Another bites the dust. The Certified Capital Company (CAPCO) Program, a complicated and controversial tool used by some states to encourage venture capital investments, finds its beginnings in one region while seeing its demise in yet another.
SBA Releases Regional Entrepreneurship Index
Glenwood Springs, Colo., is the nation’s most entrepreneurial region, according to a study recently released by the U.S. Small Business Administration's Office of Advocacy and the Edward Lowe Foundation. The region's ranking is based on the Regional Entrepreneurship Index, a measure intended to standardize assessment of entrepreneurship within and across regions.
Useful Stats: Change in Per Capita Income by State: 1999-2004
The U.S. Bureau of Economic Analysis (BEA) recently released its preliminary 2004 figures for per capita income, revealing average income received by persons grew by 4.7 percent between 2003 and 2004. The change in income was not evenly distributed across the country.
Useful Stats: Top 100 NIH Cities and Five-Year Funding by State
The National Institutes of Health (NIH) data on the top 100 cities for NIH awards in FY 2003 indicates Boston reasserted its leadership over New York for the top spot by increasing its spread by $401 million. Philadelphia and Baltimore remain in third and fourth place for the second year.
Position Available
The Industry Network Corporation is seeking a Regional Manager for its Manufacturing Extension Partnership program. The position is based in Anchorage, Alaska. The full position description can be obtained from the Institute by calling SSTI at 614/421-SSTI (7784) or through the Institute's home page at http://www.ssti.org
CATI Receives 1996 Morrill Award
The Technology Transfer Society presented its 1996 Justin Morrill Award to the Colorado Advanced Technology Institute (CATI). The Justin Morrill Award is presented to organizations that have an exemplary record in technology transfer and have made outstanding contributions to technology transfer theory and practice.
Legislative Actions & Tech Talkin' Govs 2006, Part IV
People
Mark Wdowik was named vice president of technology transfer for the Colorado State University Research Foundation.
Colorado Advanced Technology Institute Abolished
The Colorado Advanced Technology Institute (CATI) has been abolished effective June 30, 1999. CATI was the state's lead organization on technology-based economic development since its creation in 1983.
Sponsor: Bill will create jobs
Doug Johnson of UniverCity Connections believes a bill providing tax credits to angel investors putting their money into start-up companies will create hundreds of new jobs in Colorado and help stimulate the lagging state economy.
Superclusters push CSU inventions
Superclusters can be explosive.
Colorado State University this week announced that its researchers have more than doubled the number of inventions, a phenomenal effort in two years. University officials attribute the success to the supercluster concept, which unites researchers with those in the private sector who can take their ideas and run, such as business experts, patent attorneys, marketers, etc. While the superclusters don't create new research, they foster it by speeding the transfer of technology from research to implementation.