Innovation Index Reveals Steady Growth in Washington
Although technology sector employment is down slightly from previous years, Washington firms received twice the aggregate amount of venture capital (VC) funding compared to last year, and the state remains above the national average in educational attainment, according to the sixth annual Washington State Index of Innovation and Technology.
Measuring Creativity in Phoenix
While the Phoenix Metropolitan Statistical Area (MSA) has the recipe for a creative economy - people in creative occupations, industries with a creative workforce, and an environment that supports creativity - it falls short of the national average in more than 75 percent of all creative occupational categories, a new study by the Maricopa Partnership for Arts and Culture (MPAC) finds.
SSTI Job Corner
For more information on the positions below, visit SSTI's online Job Corner at http://www.ssti.org/posting.htm.
People
Former University of Washington President Lee Huntsman is the first director of Washington's Life Sciences Discovery Fund.
Tech Talkin' Govs 2006, Part One
Publisher's Note Since 1999, SSTI has reviewed each of the governor's State of the States and inaugural and budget addresses for references involving tech-based economic development. Since 2001, we've provided relevant excerpts as part of the SSTI Weekly Digest. This year's coverage begins with this issue, and as you'll see, it's clear that innovation and workforce are playing a major role in this year's speeches.
People
Donna Kent is the new president and CEO of the Arizona Technology Council.
People
The Southern Arizona Tech Council announced it will merge its programs into the recently created Tucson Regional Economic Opportunities Inc., an integration expected to be mostly completed by June 30, 2006.
People
President and CEO of the Arizona Technology Council, Todd Bankofier, is resigning his position on Aug. 26 to become vice president and general manager for Ensynch Inc., a Tempe-based information technology services and solutions consulting company.
People
Elyse Golob is the new director of the University of Arizona Office of Economic and Policy Analysis. Beginning July 1, Leslie Tolbert will be the university's vice president for research, graduate studies and economic development, replacing Richard Powell upon his June 30 retirement.
Washington Creates $350M Life Science Fund
Washington Gov. Christine Gregoire last week signed a bill creating the Life Sciences Discovery Fund (see the Feb. 7 issue of the Digest).
Arizona Angel Capital Tax Credit Passes
Arizona's investment and technology communities are the anticipated winners from the state legislature's recent passage of a tax credit encouraging angel capital investments in start-up Arizona tech firms.
Science Foundation Arizona Secures $25M from Stardust Charitable Fund
Earlier this year, Arizona Gov. Janet Napolitano and the Arizona State Legislature committed $100 million over four years to support Science Foundation Arizona, a nonprofit public-private partnership to coordinate the state’s R&D investments in science and technology. The catch? The law required a dollar-to-dollar match of non-government funding of the annual $25 million allotment before the state could release its funding to Science Foundation Arizona.
12 Universities Join $15M Border Security and Technology Initiative
The U.S. Department of Homeland Security (DHS) recently announced the recipient universities to conduct security research through five new Centers of Excellence. These centers will develop new technologies to prevent natural and man-made disasters, improve government response to such crises and monitor the nation's shores and borders.
Tech Talkin' Govs, Part I
SSTI annually scans the inaugural, budget and state of the state addresses given by the nation's governors to see how TBED priorities fare as the state leaders present their legislative priorities for the year. If the addresses are right, more than a handful of states will be "the" leader for alternative or renewable energy within a variety of time spans. Highlights of speeches available at press time include:
Arizona
People
Kim Zentz, CEO of the Spokane Transit Authority, announced she will take a one-year position as interim executive director of the Spokane Intercollegiate Research and Technology Institute.
Tech Talkin' Govs 2005, Part Two
Arkansas Gov. Mike Huckabee, State of the State Address, Jan. 10, 2005
People
The Greater Phoenix Economic Council announced Barry Broome will become the new president & CEO beginning in February.
People
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.
Technology Economy Still in Washington State's Future
Washington State remains poised to capture more benefits from its technology-driven economy, according to the Index of Innovation and Technology released last month by the Washington Technology Center (WTC). As the state's lead organization to support science and technology, WTC publishes the Index to provide the state's decision makers with annual benchmarks for setting policy and public investments to promote technology-based economic development.
People
Patrick Tam resigned last month as executive director of the Spokane Intercollegiate Research and Technology Institute.
Florida Lands Seven of Top 15 Cities in Milken Index
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).
People
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.
People
Ken Marcus is the new director of the University of Arizona Science and Technology Park.
VC News
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.
Useful Stats: State Business Establishments, 1998 and 2003
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.