Dems Take NJ, VA Governorships
Democrats took the year’s only two races for governor, electing Jim McGreevey in New Jersey and Mark Warner in Virginia.
State and Local Tech-based ED RoundUp
Atlanta, Georgia
New Guide to Federal Tech Funding Available
larta has issued its 2002 Federal Technology Funding Guide, a survey of federal funding sources for technology firms. The sixth edition of the guide provides information on more than 90 regularly scheduled programs, hundreds of links to resources on the Web, and a special section funding for technologies to fight terrorism. An index identifies program by technology area or funding emphasis.
Foundations as Partners in TBED Strategies
Philanthropic individuals and foundations are increasingly vital contributors for tech-based economic development, particularly for "big-ticket" initiatives. Most gifts, such as that covered in the second item below, are tied to a specific relationship with a university or field of research, working independently of the strategies or programs developed by state or local tech-based economic development organizations.
State and Local Tech-based ED RoundUp
Jefferson County, Missouri
Positioning for the Nano Future: California's $350 Million Investment
While technological advancements occur every day, truly revolutionary technologies over the past three hundred years — those that promise so many diverse applications that they result in disruption and restructuring of several different industries — can be counted on one hand. The field of nanotechnology, with major implications for nearly every industrial sector, appears to be one of those once-in-a-lifetime breakthroughs.
People
President Bush has nominated Los Angeles resident Hector Barretto to serve as Administrator of the Small Business Administration.
San Diego Examines the Digital Divide
Even tech hot spots like San Diego are finding they are not immune from the Digital Divide. In fact, a new report from the San Diego Regional Technology Alliance (SDRTA) finds that the region suffers a wider Internet access divide between Caucasians and Hispanics than the nation as a whole. With Hispanics representing 25 percent of the area’s population, the issue will have future economic repercussions in tech-based entrepreneurship and increasing shortages of workers with tech skills.
New Jersey Launches $40 Million VC Partnership
After discovering that only 10 percent of the venture capital raised in New Jersey is invested in New Jersey companies, a new venture fund has been established combining private, state, and federal resources. The seed investment fund will be used to assist New Jersey start-up technology businesses get off the ground.
SF: Addressing the Digital Divide on the Metro Level
Organizations in the San Francisco Bay Area will spend more than $20 million this year to bridge the digital divide, according to Who's Funding the Digital Connect?, a report released this month by the San Francisco Foundation. More than 54 organizations will provide computer access and/or training to more than 75,000 low income and underserved individuals in one of the most technology-savvy regions in the country, according to the study.
Silicon Valley Index Paints Complex Picture for Region's Economy
As a percentage, Silicon Valley has lost more jobs over the past four years than any U.S. metropolitan area since 1939, but evidence shows the region is stabilizing with a return to levels reminiscent of the late 1990s. Funding for venture capital is up, per capita income is increasing, and research and development funding has reached new highs. Yet, the region's most striking feature of late is, perhaps, the way it is growing, according to the 2005 Index of Silicon Valley.
People
Gov. Arnold Schwarzenegger has selected Brian McGowan to replace Yoland Benson as deputy secretary for economic development in California's Business, Transportation and Housing Agency. McGowan, San Bernardino County's economic development administrator, will start his new position in January. Gov. Schwarzenegger also has appointed Teresa Takai as the state's first Cabinet-level chief information officer.
Not All Is Rosy for Middle Class, Silicon Valley Index Shows
According to the latest index from JointVenture Silicon Valley, 2007 looks like a pretty good year compared to 2006 when you look at many standard measures of economic performance. There were 28,000 new jobs created, a 1.5 percent increase in population, and 21 percent growth in solar and wind energy installations. Water use also dropped 6 percent, venture capital investments were up 11 percent, median household income rose, and city revenues were up 37 percent.
Three VC Firms Picked to Extract Green Tech from Federal Labs
Last week, three venture capital firms were chosen by the Department of Energy (DOE) to participate in its new Entrepreneurship in Residence (EIR) program, a pilot initiative designed to get advanced energy technologies out of the federal labs and into the marketplace. In the program’s design, an entrepreneur affiliated with each venture capital firm will work with the selected DOE laboratory staff in order to identify and evaluate marketable technologies.
Cities Pursue Innovative Strategies to Grow Clean Technology Businesses
As renewable energy and environmental technologies emerge as some of the promising industries for high-tech economic development, more cities are seeking new ways to boost clean technology research and businesses. Austin, San Jose, Berkeley, Pasadena and Boston have been singled out for their efforts to promote cleantech industries by SustainLane Government, a nonprofit Internet-based organization that provides current practices and news about municipal sustainability.
People
Oleg Kaganovich will resign as CEO of the Sacramento Area Regional Technology Alliance (SARTA) in June 2007, but remain a member of SARTA's board of directors.
Index, White Paper Offer Foray into Silicon Valley
While Silicon Valley lost jobs last year — the first decline since 1992 — value added per employee, a measure of productivity, increased 4.6 percent to $170,000 compared to $56,000 nationally, according to the Index of Silicon Valley 2002 released in January by Joint Venture: Silicon Valley Network.
California Doubles Number of RTAs
Last week, Governor Gray Davis announced the award of three grants to support the creation of new Regional Technology Alliances (RTA) for the Inland Empire, San Joaquin Valley, and Sacramento/Capital regions. The three new non-profit organizations join existing RTAs in Los Angeles, San Diego and the San Francisco Bay area to provide decentralized business support services for innovative, California-based technology firms.
Strategic Plans Target Workforce in San Diego Region
The San Diego Work Force Partnership recently released four strategic plans as a blueprint to prepare San Diego's workforce to compete in the changing global economy. Initiated as part of a broader Regional Workforce Development Strategic Planning Initiative, the plans reflect the concerns of area businesses for developing and maintaining skilled workers.
Tech-talkin' Govs: State of the State Addresses and Budget Requests
The third part in a series, "Tech-talkin Govs" highlights programs, policies and issues in tech-based economic development that were considered in the following governors' State of the State and Budget addresses.
California
Gray Davis, 2002-2003 Budget proposal, January 2002
http://www.dof.ca.gov/HTML/Budget02-03/00_toc.htm
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.
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.
Transferring University Technologies: Challenging Bayh-Dole
Does patenting encourage or speed the transfer of technology from universities? Does the prospect of receiving royalties and licensing fees increase motivation among university researchers to work with businesses to commercialize technology? A recent paper suggests the answers to both questions is "no," but that more empirical and statistical research is needed to determine whether or not increased emphasis on intellectual property rights is achieving the desired results.