Arkansas Gov. Mike Huckabee, State of the State Address, Jan. 10, 2005

The Georgia Biomedical Partnership named Charles Craig as its new president.

Dr. Russell Bessette has been appointed to the Federal Homeland Security Science and Technology Committee. Dr. Bessette currently is the executive director of the New York Office of Science, Technology and Academic Research (NYSTAR).

Nearly every region engaged in building a tech-based economy wants more access to seed and venture capital money. It's particularly useful when your largest employer announces it will lay off up to 23 percent of its workforce – as many as 5,000 people in your community and 15,000 across the globe – during the next three years.

One of the recurring issues in many states for financing centers as part of their tech-based economic development portfolio is whether or not the organizations resulting from the multi-year, multimillion grants should become financially self sufficient at the end of the grant term.

Roger Biagi was named to the newly created position of director of government relations at the New York State Office of Science, Technology and Academic Research.

Georgia Department of Industry, Trade and Tourism commissioner W. Glenn Cornell has announced his retirement, effective June 30. Craig Lesser is Gov. Sonny Perdue's recommendation as Cornell's successor.

Garza Fernandez, president of the Southern Arizona Industry and Aerospace Alliance, announced her resignation to devote more time to the Technology Development and Research Institute.

Scott Davis will be the new director for the University of Arizona Office of Economic Development.

Although their courses of action may differ, competing proposals sponsored by the New York State Senate and Assembly would seem to have the same goal — create jobs, support small businesses, and transform the state's manufacturing sector.

Andrea Lohneiss, community development director for Riverhead, N.Y., is leaving to become Suffolk County's commissioner of economic development.

The Georgia Department of Industry, Trade and Tourism, in partnership with the University System of Georgia, has appointed Page Siplon and Michael Hale as directors of the Maritime Logistics Innovation Center and the Middle Georgia Innovation Center for Aircraft Lifecycle Support, respectively.

Tino Mantella has been appointed president of the Technology Association of Georgia, a nonprofit organization that focuses on promotion and economic advancement of the state's technology industry.

The Piedmont Triad Entrepreneurial Network recently selected Lisa Blakely, a former Bank of America executive, as its CEO.

ASME is seeking a Project Manager responsible for the research, planning, launch and growth of strategic initiatives in the areas of industry relations/corporate services and young engineers. The individual will play a key role in the project management of strategic initiatives to help meet the priority objectives of the ASME Board of Governors.

The Greater Phoenix Economic Council announced Barry Broome will become the new president & CEO beginning in February.

Led by the Fort Myers-Cape Coral metro area, a burgeoning retirement and tourist destination on the state’s southwest coast, Florida landed seven of the top 15 metros in Milken Institute’s 2004 Best Performing Cities Index released last week. The others are West Palm Beach-Boca Raton (4th), Daytona Beach (5th), Sarasota-Bradenton (6th), Fort Lauderdale (9th), Tampa-St. Petersburg-Clearwater (12th) and Naples (15th).

The National Technology Transfer Center named James Goulka as its new CEO. Goulka formerly was president and CEO of the Frank Lloyd Wright Foundation in Scottsdale, AZ.

Ken Marcus is the new director of the University of Arizona Science and Technology Park.

For most people in the business sector and economic development field, perhaps, the word "innovation" is quickly associated with tech start-ups and entrepreneurial businesses. The new Tennebaum Institute at Georgia Tech, opened last month with a $5 million donation from school alumnus Michael Tennebaum, is hoping to change that.

With the goal of creating new access to venture capital (VC) for area businesses, Arizona and Montana are investing up to $50 million into a “fund of funds” concept. Both states are undertaking this multi-management model with the hopes of luring high-tech start-up companies. Their efforts are described in further detail below.

The number of business establishments in the U.S. grew by 17.4 percent between 1998 and the end of 2003, although a slight net decline occurred in 2003 for the first time in six years, according to data recently released by infoUSA.