'Shoes' Slow Arizona's Progress, Report Says
Five Shoes Waiting to Drop on Arizona's Future, a 50-page report released by the Morrison Institute of Public Policy, details five key trends that could harm the state's future if they are not well managed.
People
Peter Slate will preside as chief executive officer over the Arizona Technology Enterprises, the newly created limited liability company formed by spinning off Arizona State University's technology transfer office.
Tech-based ED RoundUp
Tucson gains Community Investment Business Center, New Tech Park building
People
Katherine O'Dea has been named executive director of the Rhode Island Technology Council.
RI Governor to Legislature: Double Slater Funding, Attract VC
Rhode Island, like nearly every state in the country, is facing a projected budget deficit in FY 2004. To deal with a $175 million or 6.6 percent shortfall, 21 agencies are facing budget reductions in Governor Don Carcieri's first budget request to the Rhode Island General Assembly. However, demonstrating his commitment to "make strategic investments to promote job growth," Gov. Carcieri calls for increased support for several tech-based economic development initiatives.
Arizona-Sonora Region Gets Graded in Annual Report Card
The University of Arizona Office of Economic Development (UA OED) has released its annual report card on economic growth and development in the Arizona-Sonora region. Funded by the Arizona-Mexico Commission and the Arizona Department of Commerce, Regional Economic Indicators: Arizona-Sonora 2003 monitors economic changes in the Arizona-Sonora region via 33 indicators across four broad areas:
Changing Mindset Critical for Arizona Bioscience Success, Study Advises
Arizona must begin viewing medical and educational institutions as a major economic driver of the state economy in order to become a leader in the biosciences industry, according to a new report from the Arizona Board of Regents.
TBED Organizations & People Update
Two Southern Arizona tech councils, theInformation Technology Association of Southern Arizona and the Southern Arizona Industry and Aerospace Alliance, decided to merge to have the combined financial resources for a full-time executive director, according to the March 23 edition of the Tucson Citizen.
TBED Organizations & People Update
To reduce administrative costs by up to $500,000 and to improve operational efficiencies, the Slater Fund Board of Directors has approved plans to consolidate Rhode Island's four Slater Centers into a single entity, the Slater Technology Fund, Inc. The fund will retain its four technology thrusts of biomedical technology, interactive technologies, design and manufacturing, and marine and environmental technologies.
TBED Mergers, IPOs and Foreclosures
In January, Rhode Island's Tech Collective announced the creation of BioGroup, a subsidiary to focus on the needs of the state's life science industry. The new organization will serve as the state affiliate to the Biotechnology Industry Organization (BIO).
Legislative Updates: Arizona, New Jersey Reach Budget Agreements
With less than two weeks to go before the new fiscal year, Arizona and New Jersey lawmakers approved funding for cutting-edge research at the close of their 2007 legislative sessions last week. Following is a synopsis of the TBED initiatives slated to receive funding under the respective budget agreements.
Arizona
People
Augustine Cheng was appointed managing director of Arizona Technology Enterprises.
People & TBED Organizations
Arizona Technology Enterprises, the organization responsible for overseeing licensing and commercialization activities at Arizona State University, has selected Augustine Cheng as its new managing director.
People & TBED Organizations
Gov. Rick Perry appointed Bill Morrow as the new chairman of the Texas Emerging Technology Advisory Committee. Morrow replaces David Spencer, who remains a member on the committee.
People & TBED Organizations
Thomas Rainey was named the new president and CEO of the Northern Arizona Center for Emerging Technologies.
Rhode Island to Host Statewide Robotics Challenge
Starting next year, every Rhode Island high school student will be able to participate in the Vex Challenge, an international robotics competition that gives students firsthand experience with project management and engineering. A coalition of education and science and technology advocates, led by the nonprofit Business Innovation Factory, will cover the costs to schools and funding for an annual statewide tournament beginning in 2007. Rhode Island Gov.
Four States Reject Spending Restrictions; Tax Limitation Approved in Arizona
Five states voted on measures that would have the effect of limiting the growth of government expenditures or taxes. Four states rejected the measures, while Arizona narrowly approved its measure.
Science Foundation Arizona Releases Investment Strategy
Science Foundation Arizona (SFAz) has released its strategic investment plan for fiscal year 2006-07, which includes grants to support university research, new high-tech businesses, and K-12 STEM education. The investment strategy will guide SFAz’s grant award decisions during its first year of operations and represents a starting point for the organization, which hopes to develop the plan into a long-term strategy for economic development.
Job Corner: University of Arizona Seeks Regional Economist
The University of Arizona's Office of Economic and Policy Analysis seeks a highly qualified and motivated individual to conduct and advance a nationally recognized applied research program in regional economics. Focus areas include regional economic integration, cross border trade and linkages, economic impact analyses, and evaluation of economic development policies.
People & TBED Organizations
Steven Zylstra is the new president and CEO of the Arizona Technology Council.
Growth Capital for Targeted Industries at Center of Rhode Island Economic Plan
Using the state’s regional advantage, the Rhode Island Economic Development Corporation (RIEDC) wants to create high-wage jobs in targeted industry sectors and establish new equity and financing programs that provide growth capital to sustain the ventures, the agency announced last week.
Blueprint Recommends New Approach to Cluster Strategy for Tucson Region
While the Tucson area is growing rapidly, surpassing one million residents last fall, regional economic development officials are concerned about personal income levels keeping pace with the growth. They argue that a highly-skilled and educated workforce within existing and emerging clusters is imperative to raise per capita personal income and to improve the region’s economic growth along with its burgeoning population.
People
Donna Kent resigned as president and CEO of the Arizona Technology Council to accept a position with Televerde, a marketing service solutions provider based in Tempe.
People
The Greater Phoenix Economic Council has named Robert Hooley as vice president of emerging technology.
Arizona Approves $35M Tech Fund; Strong Public Support for S&T
Making the single largest TBED related investment in its history, the Arizona legislature approved and Gov. Janet Napolitano signed the state's FY 2006-07 budget, which includes $35 million for the new Arizona 21st Century Competitive Initiative Fund. HB 2477 is the successor in concept to the Innovation Arizona fund proposed by Gov.