Voters in Oklahoma approved 54 percent to 46 percent State Question 725, which was intended to provide financial assistance to "high-risk" manufacturers in the state, in order to minimize the possible loss of employment. Funds provided to each manufacturer by the state would be limited to 10 percent of the manufacturers in-state capital investment.

Encouraging economic growth in rural America is the topic of a recent report, a new $500 million economic development investment program, and an upcoming conference worth further investigation.

States such as Oklahoma must leverage scarce resources if they hope to attract top scientists, stimulate development, and achieve measurable economic impact, says the latest impact report from the Oklahoma Center for the Advancement of Science and Technology (OCAST).

On the final day of March, Gov. Brad Henry signed legislation establishing a $475 million bond issue for a slate of higher education projects, much of which targets research and laboratory facilities. The Oklahoma Higher Education Promise of Excellence Act of 2005, which the governor called "desperately needed," was one of his top legislative priorities for the year (see the Feb. 7, 2005, issue of the Digest).

Galynn Beer succeeds Johnny Roy as the new chairman of the board of the Oklahoma Center for the Advancement of Science and Technology.

Position descriptions for three new positions have been posted on the Institute's home page (http://www.ssti.org). The KPB Economic Development District in Alaska is seeking a Chief Executive Officer. The Associate Director position of Iowa State University's Center for Advanced Technology Development is open. Auburn University is accepting applications for the Associate Director of Industrial Programs and Technology Transfer position.

The Oklahoma Alliance for Manufacturing Excellence, Inc. will receive $1.5 million from the National Institute of Standards and Technology's Manufacturing Extension Partnership (MEP). The Alliance, a program of the Oklahoma Center for the Advancement of Science and Technology, is an MEP affiliate that received its initial federal funding through the Technology Reinvestment Project.

Nearly $300 Million Tagged for TBED
It took moving into a special session and negotiating a late deal between lawmakers and Gov. Brad Henry last week for the Oklahoma legislature to pass several bills related to the state's budget for fiscal year 2007, which begins this weekend.

The Birmingham News reports Michael Alder, executive director of the Biotechnology Association of Alabama, is leaving to become director of technology finance at Brigham Young University.

With preparations for SSTI's 10th Annual Conference in Oklahoma City on Oct. 31-Nov. 2 well underway, we have received many questions from local, regional and state organizations wanting to host the premier event for the tech-based economic development (TBED) profession in 2007. Because of the increased interest, SSTI has bumped up its schedule for selecting the 2007 site. We are accepting nominations of host organizations and locations for SSTI's 11th Annual Conference until July 30, 2006.

Terri Adams is serving as Chief of the Science, Technology and Energy Division of the Alabama Department of Economic and Community Affairs. Martha McInnis resigned from ADECA in January.

The Oklahoma Center for the Advancement of Science and Technology (OCAST) is seeking a chief executive officer. OCAST's statutory mandate is to contribute to the public policy goals of expanding and diversifying Oklahoma=s economy, providing new and higher quality jobs to improve Oklahoma's per capita income and encouraging the development of new products, new processes, and whole new industries in Oklahoma. The full description can be found on the SSTI homepage at http://www.ssti.org

In a period of tightening budgets, it is important for stakeholders to know that the investments they are making in tech-based economic development are yielding positive economic results - and returning revenue to the state. Recent impact assessments to examine comprehensive TBED programs in three states show how smart these investments have been. More telling, different evaluation models were used in all three states and they each reached similar conclusions: strategic TBED investments can stimulate economic growth.

The following overview is a synopsis of select recent announcements from research parks across the nation, including groundbreakings and development plans to support vibrant regional economies based on science, technology and innovation. 

The fifth installment of the Tech Talkin' Govs series includes highlights from state of the state, budget and inaugural addresses from governors in Alabama, Michigan, Ohio, Oklahoma, Pennsylvania and Utah.

Gov. Bob Riley signed a bill last month extending tax credits and incentives to knowledge-based industries and green employers to encourage growth and expansion in these fields throughout the state.