People
Joint Venture: Silicon Valley has named Russell Hancock as its new president and CEO.
People and Organizational News
The first director of the new Automation Alley Technology Center will be Thomas Anderson.
TBED Comings and Goings
Thomas Anderson is the new director of the Automation Alley Technology Center in Michigan.
Programs with Results: California's Matching Grants Yielding Big Results
Note: With this issue, the SSTI Weekly Digest is launching a new occasional "Programs with Results" series — articles profiling a variety of technology-based economic development programs that have been around many years and are yielding positive results. Our goal is to help answer the question "What Appears to Work?" with models that potentially could be duplicated in other states, regions or communities.
Wayne State University to House Michigan's NextEnergy Center
Michigan's NextEnergy Center, the central component of Gov. John Engler's $50 million fuel cell initiative, will be located within Wayne State University’s Research and Technology Park in Detroit, the Michigan Economic Development Corporation (MEDC) recently announced. Wayne State is situated in the Woodward Technology Corridor, one of 11 SmartZones located across Michigan.
Communities Team with Federal Labs to Promote Tech-based ED
With more than 700 facilities around the country, federal laboratories and research centers can provide many resources for communities to tap as they strive to develop tech-based economies: technologies available for transfer and commercialization; facilities and technical staff available to partner with companies and universities for research; and, connections to funding and procurement opportunities.
People
Bay Area Regional Technology Alliance (BARTA) has been renamed the TechVentures Network as the Bay Area's leading source of access to financing, business data and services for emerging technology.
Michigan Life Science Initiative Threatened at Ballot Box
A ballot proposal being put forth by Citizens for a Healthy Michigan would reduce funding for Michigan Life Sciences Corridor sponsored projects by nearly $50 million annually, estimates a report released by the Michigan Economic Development Corporation (MEDC). The annual reduction includes both the cut in direct funding and required matching funds for Corridor funded projects.
California Promotes Stem Cell Research With New Law
Joined by actor Christopher Reeve and several of California's leading biotech researchers, Governor Gray Davis Sunday signed legislation designed to promote stem cell research in California.
Stronger TBED Efforts Would Benefit Orange County, Larta Asserts
True technology growth for Orange County hinges on a broader, more supportive infrastructure, argues the latest research report by the Los Angeles Regional Technology Alliance (Larta).
No Digest Next Week; SSTI Offices Closed to Attend Annual Conference
The SSTI Weekly Digest and Funding Supplement will not be published next week as the office will be closed during SSTI's 6th Annual Conference, Building Tech-based Economies: From Policies to Practice on October 1-3.
The next issue of the SSTI Weekly Digest will be released on October 11.
Milken Releases California Tech & Science Index
"California must continue to increase funding for science and technology in its university systems or risk losing one of its most important comparative advantages," warns the Milken Institute in the State Technology & Science Index: Comparing and Contrasting California.
SSTI Conference Sponsor Profile: The Advanced Technology Program
Are you looking for funding for high-risk research? The Advanced Technology Program (ATP), part of the National Institute of Standards and Technology, bridges the gap between the research lab and the marketplace stimulating prosperity through innovation. ATP’s mission is to accelerate the development of innovative technologies through partnerships with the private sector.
SSTI Conference Sponsor Profile: Office of Energy Efficiency and Renewable Energy (EERE)
Do you have a great idea for a new industrial product or process that can help save energy, reduce emissions, and/or provide clean manufacturing? If so, then you will want to look to the Department of Energy's Office of Energy Efficiency and Renewable Energy for possible financing. Several programs provide finance solutions through grants and seed money to help companies get energy ideas off the ground.
SSTI Conference Sponsor Profile: Federal Laboratory Consortium for Technology Transfer
Federal research facilities can be a bit intimidating for a small- or medium-sized technology firm. But if a business is looking for solutions to technical problems, new technologies to commercialize or adopt, a research partner, or funding to perfect some technology, the vast resources of the nation's 700+ federal research laboratories could hold the key to commercial success.
SSTI Conference Sponsor Profile: Manufacturing Extension Partnership
The Manufacturing Extension Partnership (MEP) is a nationwide network of not-for-profit centers in more than 400 locations nationwide. Their sole purpose is to provide the 357,000 small and mid-sized manufacturers in the U.S. help to succeed in a global economy.
People
Michael Finney, vice president for Emerging Business with the Michigan Economic Development Corp (MEDC), is leaving MEDC to become the first president and CEO for the Greater Rochester Enterprise in New York.
People
Doug Rothwell, President and CEO of MEDC, has announced his resignation with the end of Governor John Engler's term in December.
University of Wisconsin Takes Patents to San Diego
A public entity setting up a satellite office for promotion and business recruitment is not new. Many state economic development departments have done it for years in foreign countries to encourage international trade. State film promotion boards do it in Hollywood to attract movie projects to their home states.
EDA Gives ACET $6.44M Grant
U.S. Commerce Secretary Don Evans has awarded a $6.44 million grant, the largest-ever economic development grant given by the Bush Administration, to Advancing California’s Emerging Technologies (ACET) to expand the Oakland Alameda Bio Tech Incubator to a 40,000-square-foot, state-of-the-art laboratory.
Milken Assesses Manufacturing's Impact for California
Manufacturing is a robust driver of California's economy according to a Manufacturing Matters: California's Performance and Prospects, a new report prepared by the Milken Institute. The analysis was prepared for the California Manufacturing and Technology Association.
Biggest TBED Event Still Growing — Early Deadline Looms
The amount of time a technology-based economic development (TBED) professional can spend out of the office for professional development is limited. So are travel funds. That's why SSTI packs so much into its annual conference — already the largest event in the country dedicated to improving state, local and regional TBED efforts.
People
Gary Woodbury, president and CEO of the Small Business Association of Michigan for the past 15 years, has announced he will retire in June 2003.
Growing a Bio-based Economy
Recognizing the potential economic impact of biotech, nearly every state, most colleges and dozens of communities are developing programs to build bio-based economies. Everyone wants a piece of what may be the guiding field for industrial transformation over the next several decades. Is there enough bio for everyone? What strategies work for building bio-based economies? What approaches are states and localities taking, and what's working?
People
Lewis Attardo is the first director of the new Sacramento Regional Technology Alliance. Attardo formerly was a Florida-based private business and economic development consultant.