Ah, the difference positive revenue figures make for some states' tech-based economic development (TBED) portfolios! In mid-December, Virginia Gov. Mark Warner introduced an amended 2004-2006 biennial budget that is the most favorable yet during the Warner term for programs to promote economic growth through strategic investments in science and technology.

E. Dana Dickens announced he will step down from the Suffolk City Council (Va.) to become president of the Hampton Roads Partnership, a group promoting economic development in the region.

In SSTI's final look at the 2004 State of the State and Budget addresses, the importance of building tech-based economies continues to be emphasized by governors across the country. Below are excerpts from speeches given in Alabama, Maryland, Minnesota, Oklahoma, Pennsylvania and Rhode Island.

The line was drawn in the sand a year ago. Some felt Virginia's Center for Innovative Technology (CIT), the Commonwealth's lead organization for science and technology, had been set up for failure in a partisan fight for limited public revenues. Like the rest of Virginia's economic development portfolio, CIT took a big hit in the budget cycle as Virginia dealt with a multibillion-dollar deficit in fiscal year 2003.

Last Thursday, Gov. Jennifer Granholm signed bills to aid Michigan’s tool and die industry and to promote new venture capital investment in the state’s high-tech industries.

The National Science Foundation’s Division of Educational System Reform is funding cooperative agreements with 13 urban school districts: Birmingham, Chattanooga, Chicago, Fresno, Memphis, Miami, Minneapolis, Nashville, Newport News, Oklahoma City, Omaha, Pittsburgh, and Philadelphia to improve K-12 mathematics and technology education. The awards are aimed at districts that already have improvement programs in place.

The National Science Foundation (NSF) has recommended awards for 24 projects in communities around the country to help translate knowledge gained from basic research into new products, businesses and services, as well as to provide workforce education and training opportunities focused on innovation. Totaling more than $14 million, each averaging about $600,000 over two or three years, the first-ever Partnerships For Innovation (PFI) awards cover projects in 20 states and Puerto Rico.

This week, the National Science Foundation (NSF) announced the establishment of four new Materials Research Science and Engineering Centers (MRSECs) and two new Engineering Research Centers (ERCs).

The first $90 million has been awarded through NSF’s new program Information Technology Research (ITR) initiative. The goal of the program is to build US leadership in information technology (IT) through support of fundamental research and innovative applications of IT. The ITR program is designed to strengthen the nation’s IT knowledge base as well as the IT workforce.

Michigan small businesses receiving state and federal grants for research and development will be able to put more of those funds into their work, with legislation unanimously passing the state Senate last week.

Overall retention rates for female engineering graduates has remained steady over the last few years, and according to the latest survey from the American Society for Engineering Education, a significant percentage of women are focusing on the less traditional fields of engineering.

One of the more interesting uses of funds from the national tobacco settlement with the states, Virginia officials announced a $12 million economic development and broadband technology infrastructure initiative to serve more than 25 towns, cities and counties of rural Virginia.

Convergence Group Formed in Silicon Valley

Former president and CEO of the Columbus Technology Council William "Sandy" White is the new CEO of the University of Alabama at Birmingham Research Foundation.

The National Business Incubation Association (NBIA) recently held its 18th International Conference in Atlanta, honoring excellence in business incubation programs, graduates and client companies. NBIA, a nonprofit organization, works to advance incubation and entrepreneurship. This year’s recipients include:

The National Science Board recently named Mary Good to be the recipient of the 2004 Vannevar Bush Award for "her life-long contributions to science, engineering and technology, and for leadership throughout her multi-faceted career."

The National Science Foundation has released a new statistical report entitled Federal Funds for Research and Development: Fiscal Years 2001, 2002, and 2003. Included among the 112 tables are 10 presenting the 2001 data by geographic distribution, performer and federal agency.

Best practices and a how to guide written by real practitioners of angel financing are just two of the new resources available through the Angel Capital Association (ACA). The following papers for understanding and growing a local seed capital activity within a region are available through the association's website: