Incubators: Proven Tools for Tech-based Economic Development
The headlines of many tech and business publications scream of massive Internet incubator layoffs, closures, and restructuring. The rapid rise and fall of these organizations has left some local tech-based economic development practitioners wondering if encouraging the growth of incubator facilities is a worthwhile strategy to pursue.
New Roles in Technology Commercialization Identified for NW States
A call for action for states from the Northwest region was the result of Linking Regional Resources, a conference of approximately 150 business, government, national laboratory, and university representatives held in Seattle.
New Washington Laws to Promote Rural High Tech
Washington's technology boom hasn't been enjoyed equally by most communities outside of the Seattle or Spokane urban areas. Two laws recently passed by the Washington legislature are intended to provide tax credits, infrastructure financing, and other incentives to spread the economic benefits of technology into the state's most rural counties.
Eaton Corporation Donates Patent Portfolio
The Mid-America Commercialization Corporation (Manhattan, Kansas) announced that the Eaton Corporation is donating a substantial portfolio of patented technologies for the benefit of the corporation and Kansas State University.
Position Available
A Wichita, Kansas-based venture capital firm seeks a broadly qualified leader to commercialize technology, develop start-up businesses, manage pre-seed and seed capital funds, and raise capital. Resumes with a personal statement of interest and five professional references to Mary Breakstone at the Kansas Technology Enterprise Corporation (KTEC). The full position description is available on the SSTI home page at www.ssti.org
KANSAS INNOVATION INDEX ASSESSES STATE’S COMPETITIVENESS
The Kansas Technology Enterprise Corporation (KTEC) has released the Kansas Innovation Index 1999. The major finding of the report is that "Kansas has a realistic opportunity to create a competitive advantage for economic growth and high wage industries by supporting its emerging innovation economy."
Kansas Commercialization Centers to Help Companies with Equipment Needs
The Kansas Technology Enterprise Corporation (KTEC) has initiated a program to help technology-based start-up companies locate and obtain equipment needed for their operations.
Washington Boasts High Employment Growth
Washington has the second highest employment growth rate in the U.S., according to the 2001 Index of Innovation and Technology for Washington — a report released by the Washington Technology Center. The state's 33 percent increase in employment growth rate over the last five years allowed it to move up four positions, second only to Utah.
People
Jim Pickens will be the permanent director of the Arkansas Department of Economic Development. Mr. Pickens has served as interim director since February 2.
People
SSTI has learned through the KTEC SBIR Bulletin that Clyde Engert will be retiring as Vice President of Innovation & Market Research at KTEC on July 1, 2001. Mr Engert has been a long-active champion of state SBIR outreach and financial assistance. His services will be missed by Kansas companies and the national SBIR community.
Billion Dollar Gift Boosts Biomed Research in Kansas City
With an eye toward helping to make Kansas City a leading center for biomedical research, James Stower Jr., founder of American Century mutual funds, and his wife are donating $1.114 billion to the Stowers Institute of Medical Research. The donation is considered one of the five largest philanthropic gifts in history.
Upcoming Conferences of Note
The following is a sampling of the more than 60 events included in the SSTI Calendar of Events webpage: http://www.ssti.org/calendar.htm
Bipartisan Efforts Deliver New Tech Programs, Acts for Arkansas
A wide range of research and tech-based economic development bills were approved by the Arkansas legislature, which ended its legislative session in mid-April. With proposals and support coming both from Republican Governor Huckabee and the heavily Democratic legislature, Arkansas is the latest state to demonstrate broad bipartisan support for investing in science and technology.
People
Dr. Robert Center has retired. Dr. Center was the executive director of the Washington Technology Center.
Position Available
The Alliance for Manufacturing Excellence (AME), a non-profit start-up organization, seeks an Executive Director to build and operate a successful manufacturing services organization. The Executive Director will guide AME in its mission of assisting smaller manufacturers to adopt more advanced manufacturing technologies and management techniques.
People
Kansas Technology Enterprise Corp. named Trish Costello as its newest Entrepreneur in Residence.
People
Chris Hedrick has announced his resignation as the Executive Science & Technology Policy Advisor in the Washington Governor’s Office to join an Internet education company.
$10 M Research Fund, Loan Forgiveness Program Among New Tech Initiatives in Arkansas
The State of Arkansas has enacted several initiatives this year to assist science, technology, and research within the state. The two largest efforts are a $10 million research fund and a loan forgiveness program.
Arkansas Research Matching Fund
In an effort to improve the state’s national ranking of 49th place in research performance, the Arkansas General Assembly created the Arkansas Research Matching Fund. The $10 million fund will be administered by the
Global Venture Forum Applications Due
The Global Venture Forum is a business development event sponsored by the Osaka Chamber of Commerce to help Japanese and foreign firms find Japanese partners for investment, trade, distribution, and global business.
Since the Global Venture Forum started in 1995, 44 percent of the participants have found business partners.
Kansas Releases New Technology Cluster Assessment and Strategic Plan
Using a new, proprietary methodology, the Kansas Technology Enterprise Corporation (KTEC) has conducted a cluster assessment, determining KTEC should focus its commercialization efforts on those specific technology areas where opportunity is high and where the elements are in place to delivery those benefits to the state’s economy.
People in S&T
Washington Governor Gary Locke has named Fred Morris as his new advisor for science and technology. Mr. Morris has been working for Battelle Memorial Institute's Northwest Research Center where he has worked at the Science and Government Center
Washington Tech. Center Releases Innovation and Technology Index
The Washington Technology Center has released its first annual Index of Innovation and Technology. The report examines 34 performance indicators in six broad areas: Innovation, Competitiveness, Growth, Financial Capacity, Human Potential, Quality of Life, and Internet Infrastructure. For each indicator, Washington is compared to several other states or to national averages.
State S&T Round Up
Arizona
The Ways & Means Committee of the Arizona House of Representatives has passed a bill to eliminate $250 million in sales tax exemptions for a number of products and services, including telecommunications equipment and solar devices. If the bill passes, proceeds would be used to raise teachers' salaries.
People
Lura Powell, former Director of the Advanced Technology Program within the Department of Commerce, has accepted the position as Director of the Pacific Northwest National Laboratory in Richland, Washington.