When VC Inducements Pay Off
Encouraging local sources of capital is a common element of most tech-based economic development efforts. The broad strategies to accomplish this typically include forums, investor groups, tax credits, CAPCOs, and public seed capital to fuel fund development.
People
Julia Wilson is the new Executive Director of the San Diego Telecom Council. She formerly was director of corporate and foundation relations for San Diego State University.
People
The Maryland Department of Business & Economic Development has hired Lawrence C. Mahan to serve as the state's senior biotech executive.
People
Anita Balachandra, formerly in charge of the Experimental Program to Stimulate Competitive Technology (EPSCoT) in the U.S. Department of Commerce, is now working with the Maryland Technology Development Corp.
Senate Says Community Tech Centers Should Stay in Education
The National Journal’s Technology Daily reported Wednesday that the Senate has approved an amendment to the Elementary and Secondary Education Act reauthorization bill (S.1) that would authorize up to $100 million for the Community Technology Centers program. The amendment, introduced by Senator Barbara Miluski of Maryland and passed by a 50-49 vote, also keeps the popular program within the Department of Education.
R&D Remains Concentrated in Few States, but Intensity Changes
The latest Issue Brief from the National Science Foundation (NSF) shows research and development (R&D) expenditures remain heavily concentrated in a few states. Ten states -- California, New York, Michigan, Massachusetts, New Jersey, Texas, Illinois, Pennsylvania, Washington, and Maryland -- account for nearly two-thirds of national R&D investments.
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The NIST Advanced Technology Program recently announced several staffing changes and additions:
Ag-based Economic Development for the New Economy
Few economic sectors have experienced the combined economic, technological, social, biological, and – now with threats of mad cow and foot-and-mouth diseases – medical pressures that confront American agriculture. Adding the challenges of competing in the knowledge-based economy presents a formidable task for rural regions.
Additional California Funding Offered for Rural Telecom Efforts
Complementing California’s support for New Valley Connexion, described above, is the state’s $2 million Rural E-Commerce program. Administered by the Division of Science, Technology and Innovation within the California Technology, Trade & Commerce Agency, Rural E-Commerce provides grants to non-profit organizations, educational institutions, and local governments for innovative, community-driven solutions to the telecommunications challenges faced by rural residents.
Dept of Commerce Briefs
1999 Baldrige Winners Announced
Two manufacturers and two service companies have been selected as winners of the 1999 Malcolm Baldrige National Quality Award, the nation's premier award for performance excellence and quality achievement. No award recipients were selected in the new education and health care categories.
The Downside of S&T Success
The Sacramento Bee recently ran a story showing there is a downside for California being home of the Silicon Valley phenomenon: 20 percent of the 6,600 computer and telecommunications positions within the California state government are vacant. Some local governments are reporting even higher vacancy rates.
People
David Weiss is leaving his post as Maryland State Technology Coordinator.
S&T Programs Funded through Tobacco Settlements
Earlier this year, Michigan initiated plans to spend $1 billion over the next 20 years for life sciences research, development, and commercialization. With this commitment, Michigan became the first state to use its tobacco settlement funds to bolster technology-based economic development programs.
Other states and localities are considering using their share of the tobacco settlement funds for science and technology programs as well.
ATP National Meeting To Be Held In San Jose
The 1999 Advanced Technology Program National Meeting, Nov. 15-17 in San Jose, Calif., will feature more than 30 workshops for industry, academic and government researchers to discuss current ATP work in
high-risk, high-potential technologies and future R&D opportunities. The meeting also will feature general information presentations on ATP and a showcase exhibit of a broad array of successful ATP-sponsored
Powell Retires From ATP Directorship
Dr. Lura Powell, Director of the Advanced Technology Program (ATP) since 1995, has decided to take early retirement from the National Institute of Standards & Technology and pursue career opportunities in the private sector. Because of the voluntary early retirement option deadline, Dr. Powell’s retirement was effective September 30.
People
The State of Maryland has created a new Small Business Programs unit as part of the Governor's Office of Business Advocacy and Small Business Assistance.
Maryland Releases Innovation Index
With last week’s release of “The Maryland Innovation and Technology Index 1999,” Maryland became the latest state to release an “S&T report card” as they are also sometimes called. Indices have become popular tools for benchmarking a state’s or region’s comparative position across several technological, economic, and social
Two Positions Available
The Manufacturing Extension Partnership (MEP) of the National Institute of Standards and Technology is seeking to fill two positions at its Gaithersburg headquarters. Both positions — an Evaluation Program Leader and an Evaluation Specialist — will work on MEP program evaluation, economic impact measurement, and data interpretation efforts. Resumes will be accepted until the positions are filled.
People in S&T
Cliff Numark has been named CEO for the San Diego Regional Technology Alliance, filling the position vacated by Joe Raguso when he became Deputy Secretary in the California Department of Trade and Commerce.
Tackling the Digital Divide. . . and S&T Worker Preparedness
The National Academy Foundation, a New York-based nonprofit organization, and President Clinton have announced the selection of 12 public high schools to pilot the Academy of Information Technology program. The program is intended to prepare predominantly at-risk high school students for careers in information technology fields. The program will provide a ninth-through-twelfth-grade curriculum with opportunities to partner with community colleges, universities, and businesses.
E-Commerce Technology Plan Unveiled in Maryland
Governor Parris Glendening, the Speaker of the Maryland House, and the President of the Maryland Senate have proposed a 12-point technology plan with the goal of making “Maryland the leading e-commerce and digital state in the nation.” The proposals include:
California Governor Names S&T Chief
California Governor Gray Davis has appointed Joseph A. Raguso as Deputy Secretary for Strategic Technology for the Trade and Commerce Agency. Mr. Raguso currently serves as President and CEO for the San Diego Regional Technology Alliance (SDRTA), a position he has held since 1997. Mr. Raguso will begin serving in his new capacity on January 31.
Two Looks at Improving Cross-Border Collaboration
Regardless of their potentially arbitrary nature, the political lines separating jurisdictions can wreak havoc on a region's ability to support innovation. Whether it's a boundary between two communities, two states or two countries, these imaginary lines define real rules of commerce (e.g. by the taxes levied, property values, etc.) as well as intangible concerns and perceptions.
Foundations as S&T Partners
At first glance, the Baltimore-based Abell Foundation’s quiet contribution of almost $25 million over the past ten years to support local economic development may not raise much interest from state and federal technology-based economic development professionals across the country. However, the reaction might be different after learning that most of the investment was to emerging businesses in the form of venture capital.
People & TBED Organizations
The Beaver County (Pa.) CO-OP announced it will change its name to StartingGate. The incubator will continue to assist entrepreneurs and new business start-ups and help expand existing businesses.
Joe Dedman was chosen as the first executive director of the Southeast Indiana WIRED.
Brian DuBoff was named the director of Maryland's southern region Small Business Development Center, which is hosted by the College of Southern Maryland.