No Digest Next Week
The SSTI Offices will be closed Wednesday, October 6 - Monday, October 11 due to the SSTI conference and in observance of the Columbus Day holiday.
Due to SSTI’s 3rd Annual Conference next week, the SSTI Weekly Digest will not be published on October 8.
People
Rose-Hulman Ventures President Jim Eifert and Executive Vice President Brij Khorana resigned their positions to return to faculty duties at the Rose-Hulman Institute of Technology.
Tech Talkin' Govs 2005, Part Three
The first two installments of SSTI's annual look at how TBED will play in the 2005 legislative priorities of the governors can be found in the Digest archives on our website: http://www.ssti.org/Digest/digest.htm
Indiana
People
BioCrossroads, the Central Indiana life sciences network, announced Chuck Schalliol is the organization's new chief executive officer and president.
People
Indiana Gov. Joe Kernan has named David Dorff as the state's first director for the new Office of Small Business Advocacy.
People
Elizabeth Gatewood has been named director of Wake Forest University's new Office of Entrepreneurship and Liberal Arts. At Indiana University, Gatewood was the Jack M. Chair of Entrepreneurship and the director of the Johnson Center for Entrepreneurship and Innovation.
People
Don Gentry, vice provost for engagement at Purdue University, has announced his retirement.
Indiana Looks to Make Permanent 10% Tax Credit on R&D
The Indiana General Assembly recently passed legislation that would make permanent a 10 percent research and development (R&D) tax credit, if signed by Gov. Joe Kernan.
People
Cynthia Helphingstine is the new vice president for business development for Inproteo (formerly the Indiana Proteomics Consortium).
Indiana Higher Ed Institutions to Receive $100M from Lilly Endowment
A $100 million initiative announced last week by the Lilly Endowment Inc. will help Indiana's colleges and universities attract and retain more faculty and students. The Lilly Endowment, a private philanthropic foundation based in Indianapolis, supports community, educational and religious causes.
SBA Names FY 2004 FAST, ROP Winners
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.
People
The Metropolitan Development Association, of Syracuse and Central New York, also recently named a new chairman, John Zawadzki, of its Regional Development Alliance.
NWBC Offers Insight for Minority Women Entrepreneurs
Measured over a three-year period, minority women-owned businesses had similar survival rates and employment growth compared to all women-owned firms, according to a recent series of federal reports. However, when measured against other minority women-owned firms, African American women-owned businesses showed greater job loss and lower survival rates.
People
Effective Jan. 1, Donald Kuratko will be executive director for Indiana University's Johnson Center for Entrepreneurship and Innovation. Kuratko is currently runs Ball State University's entrepreneurship program.
Useful Stats: Industry's Share of Academic R&D 2000-2002, by State
For many states, increasing industrial research and development (R&D) within the state's academic research institutions is a priority. Some state tech-based economic development agencies offer financial assistance, such as matching grants to foster greater university-industry research collaboration. Some offer tax credits to companies for research expenditures within the state higher education community.
People
The Purdue Research Foundation has appointed Robert J. Wichlinski as executive director of the new Purdue Technology Center of Northwest Indiana and Kathy DeGuilio-Fox as the center’s business development manager.
People
The Board of Directors of BioCrossroads, Indiana's life sciences initiative, announced David Johnson would succeed Charles Schalliol as CEO.
Useful Stats: NIH Awards (grants and contracts) by State
SSTI has compiled a table of the National Institutes of Health (NIH) awards in total dollars and state rankings from fiscal years 2000-2004. The states are ranked by percent change over the five-year period. The greatest gains were posted in North Dakota (202.51 percent), Alaska (200.98 percent), Idaho (157.48 percent), Montana (144.72 percent), Virginia (120.85 percent), and Hawaii (107.06 percent).
Entrepreneurship Sustains Innovation and Boosts Growth
Public policies should seek ways to promote entrepreneurship in order to boost economic growth, according to a review of existing research by David Audretsch of Indiana University.
People
Indiana Gov.-elect Mitch Daniels recently named Michael "Mickey" Maurer as president of the Indiana Economic Development Corp.
People
Indiana Gov.-elect Mitch Daniels has named Chuck Schalliol as his budget director. Schalliol had been on loan from Eli Lilly and Co. since April to serve as president and CEO of Central Indiana's BioCrossroads.
Gubernatorial Election Results for 11 Races
Going into yesterday's elections, it was clear at least five states would have freshmen governors as three incumbents chose not to run for re-election and two incumbents lost their parties’ nominations to seek new terms. The five states were Missouri, Montana, Utah, Washington and West Virginia.
Biopharmaceutical Industry Forecasted to Strengthen State, U.S. Economy
The biopharmaceutical industry is poised to become an important source of economic growth in regions that are successful in nurturing it, according to a recent report from the Milken Institute. With so many states and communities focusing significant financial resources toward developing bio-based economies, the industry analysis is likely to be welcome news.
SSTI Job Corner
Complete descriptions of the position openings described below are available at http://www.ssti.org/posting.htm.
People & TBED Organizations
William Stephan has been appointed vice president of engagement for Indiana University, a new position aimed at furthing economic development and related outcomes.