People
The president of the Buffalo Economic Renaissance Corp, Alan DeLisle, is leaving to become director of the Office of Economic and Employment Development in Durham, N.C.
STC Identifies Leading Universities in Economic Development Efforts
Georgia Tech topped the nation in its efforts to help state and local agencies with economic development, according to a study released by the Southern Growth Policies Board's Southern Technology Council (STC).
Conducted by Louis Tornatzky and Paul Waugaman, senior fellows at STC, Innovation U.: New University Roles in a Knowledge Economy offers comprehensive case descriptions of how national research universities operate in the following areas:
People
On April 1, Jerry McGuire becomes the first director of technology transfer for the University of North Carolina, Greensboro. McGuire currently is the director of technology transfer and licensing for the University of Buffalo.
S&T Provides Foundation for New NC Strategy
A new strategic plan focusing on the North Carolina Department of Commerce's four cornerstones of economic development success – a globally competitive workforce, investment in science and technology, a competitive business climate, and attractive communities prepared for economic development – has been released by the state's Economic Development Board.
Does the “Cluster” Concept Address Equity?
A new report, Just Clusters: Economic Development Strategies that Reach More People and Places, from Regional Technology Strategies, Inc. (RTS) finds that while cluster-based economic development strategies have the potential to expand opportunities for disadvantaged populations and rural regions, most current cluster strategies do not pay attention to equity issues. The project was made possible through a grant from the Ford Foundation.
Job Corner: Carolina Center for Competitive Economies Seeks Associate Director for Research
The Carolina Center for Competitive Economies (C3E) at the University of North Carolina, Chapel Hill, invites applications for the position of Associate Director for Research.
People
Two of North Carolina's state-created non-profit science and technology centers announced new leaders last week. David Rizzo is the new president and chief executive officer of MCNC. and Leslie Alexandre will serve in the same position for the North Carolina Biotechnology Center.
Keys to Growth Involve Discovery, Engineering and Entrepreneurship, Report Says
A 19-year veteran of the technology-based economic development field has co-authored a guide that outlines strategies for growth in the knowledge-based economy. The Keys to Growth in the New Economy:Investing in Discovery, Engineering, and Entrepreneurship draws on the experiences of John Ahlen, who has led the Arkansas Science and Technology Authority (ASTA) since 1984. The report is co-authored by Mark Diggs, Chairman and CEO of Maryland-based Ontology Works, Inc.
People
Larry Moolenaar is the new Executive Director of the Eastern Carolina Council of Governments.
Gleanings from the TBED Presses
Two of SSTI's sister organizations for promoting technology-based economic development (TBED) had items of potential interest to the readers of the SSTI Weekly Digest in their e-newsletters this week. The highlights below include links for more information.
Resources Focus on Innovative Practices at Rural Community Colleges
Regional Technology Strategies, Inc. (RTS), a national nonprofit workforce and economic development group based in Carrboro, N.C., has published Cultivating Successful Rural Economies: Benchmark Practices at Community Colleges.
Army to Create $125 Million Nano Center
The Army Research Office (ARO) recently created an initiative – a University Affiliated Research Center (UARC) to be known as the Institute for Soldier Nanotechnologies – to develop nanometer-scale science and technology solutions for soldiers.
Southern Growth Policies Board Offering Knowledge Economy Toolkit
The Southern Growth Policies Board has released a toolkit to help communities understand the knowledge economy and how new economic forces affect quality of life and economic development. Seeing the Future: The Knowledge Economy seeks to inform people about the knowledge, skills and resources needed to compete in today’s economy.
Arkansas Nanotech Alliance Formed
The source of eadership on specific state tech-based economic development activities greatly influences the design and effectiveness of the effort. It remains to be seen then how the recently launched Arkansas Nanotechnology Alliance evolves locally as its direction originates from the nation's capital.
TBED Efforts to Double Size of Western Carolina University
Western Carolina University (WCU) Chancellor John Bardo recently unveiled plans for a comprehensive regional economic development strategy that would more than double the size of the campus and promote university-industry partnerships.
North Carolina Unveils Plans for Defense Related Business Incubator
The rapid increase in federal spending for defense and homeland security has led a number of states to establish initiatives targeting potential economic development from these activities. North Carolina becomes the latest of those states, with its proposed Defense Technology Innovation Center.
Arkansas House Passes Bill to Allocate 12-Year Funding Base for R&D, Seed Capital
The perennial or biennial efforts to secure funding from state legislatures to support tech-based economic development (TBED) programs can create significant limitations on the design and execution of programs targeting research or early-stage, seed capital investments. Fixed endowments such as the one created by Wyoming and the Permanent Big Sky Economic Development Fund proposed in Montana (see both stories above) are ideal, but getting the initial payment approved by a legislature can be difficult.
North Carolina to Start Statewide Micro Angel Fund
North Carolina does not, at first glance, seem to be a venture capital underperformer. In 2006, venture capitalists invested close to $510 million in North Carolina, almost $60 million of which was invested in seed and early-stage businesses, according to the Pricewaterhouse Coopers Moneytree Survey of VC investment. However, while the state ranks 12th in seed/early-stage investment, many in the state perceive the lack of seed funding to be a major obstacle to economic growth.
People & TBED Organizations
E. Norris Tolson is officially the president and CEO of the North Carolina Biotechnology Center, having served as interim CEO since January.
North Carolina Lawmakers Fund Major Research, Education, TBED Initiatives
After running on a month-long stopgap budget, North Carolina lawmakers reached a $20.7 billion budget agreement for fiscal year 2007-08 earlier this week that includes funding for major research initiatives, public and higher education, and TBED-related items.
People & TBED Organizations
Tom Clarkson is the new chief executive officer of Wake Forest University's Babcock Demon incubator. Clarkson replaces Paul Briggs, who retired.
People & TBED Organizations
Joan Myers resigned as president and chief executive of the North Carolina Technology Association to join the global public policy division at a local software company. Myers' resignation is effective Aug. 21.
People & TBED Organizations
The Idaho communities of Greenleaf, Homedale, Grand View, Marsing, Melba, Parma and Wilder have formed the Western Alliance for Economic Development.
Venture Capital Fund for North Carolina Research Campus Doubles to $200M
The venture capital fund investing in biotechnology companies that locate to the North Carolina Research Campus is doubling its holdings to $200 million. This substantial increase is a result of a donation provided by David Murdock, the billionaire businessman and owner of Castle and Cooke Inc. who also provided the initial $100 million to start the fund. The venture capital fund is an integral component of the $1.5 billion biotechnology hub being constructed in Kannapolis, N.C.
New Governors Make TBED and Economic Development a Priority
Last Tuesday's elections resulted in the selection of 11 new governors across the country, and could lead to important changes for TBED communities in many states. Six races resulted in a change of party affiliation in the top state position, including races in Arkansas, Colorado, Maryland, Massachusetts, New York and Ohio. All six governorships changed from Republican to Democratic administrations. This is the first time in 12 years that a majority of governors have been Democrats.