SSTI Weekly Digest Takes August Recess
The SSTI Weekly Digest will be taking a brief summer break and will resume publication on Friday, August 22.
People
Joint Venture: Silicon Valley has named Russell Hancock as its new president and CEO.
Director Sought for Power Partnership of Ohio
Case Western Reserve University is seeking an executive director of The Power Partnership for Ohio, one of the new Wright Centers of Innovation funded in part by a $18 million grant from the State of Ohio.
Ohio Voters Reject $500M Tech Bond Issue
By a narrow margin, Ohio voters on Tuesday rejected a constitutional amendment that would have permitted the state to issue up to $500 million in bonds over 10 years to fund technology-based economic development projects. Defeated 51 percent to 49 percent, Issue 1 would have made up the final component of Gov. Bob Taft's proposed 10-year, $1.6 billion Third Frontier project. The remaining $1.1 billion is unaffected by Tuesday's vote.
The Price of Venture Capital
Does it matter whether a start-up takes money from a large venture firm or a small venture firm? According to the just-released VentureOne Deal Terms Report, the answer is a resounding yes.
Great Titles Added to SSTI Bookstore
Looking to launch a biotech initiative? Getting into commercializing university research? Are tight budgets leading to more rigorous program evaluation?
People
The University of California, San Diego's CONNECT program will begin a search for a new director since Fred Cutler's resignation at the end of September.
People
Julian Manly Earls is the new director of the NASA Glenn Research Center in Cleveland.
People
Team Northeast Ohio has picked Texan Robert Farley for its first executive director.
People
Dan Lohymeyer has stepped down as president of Ohio's IT Alliance.
People
The new executive director of the Center for Regional Economic Issues is Edward Morrison.
People
The interim director for Cleveland's new Industrial Technology Institute will be Charles Alexander, dean of the College of Engineering at Cleveland State University.
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.
Do Non-compete Clauses Discourage Innovation?
The legal ban on non-compete contracts may have played a role in and continues to affect the development of the high tech sector in California. This is the conclusion of Rob Valletta, Research Advisor, in the August 16, 2002, edition of the Federal Reserve Bank of San Francisco Economic Letter. The article, On the Move: California Employment Law and High-Tech Development analyzes the relationship between high tech development and states that do not legally allow non-compete contracts.
People
The Wright Center of Innovation for Advanced Data Management and Analysis changed its name to daytaOhio and named Paul Cashen as its new president.
People
Ted Ford, former president and CEO of the Edison Welding Institute, recently was named president and CEO of TECHColumbus.
SSTI Affiliate Program Takes Off
Already, more than 20 organizations are taking advantage of SSTI's new affiliate membership program. In addition to being able to tap into SSTI's resources, among the benefits available to SSTI affiliates are two perks that many are taking advantage of: discounted registration fees for Building Tech-based Economies: From Policy to Practice, SSTI's Sixth Annual Conference and a 10 percent discount on any purchases from SSTI's 150+ title bookstore and catalog.
People
Diane Wirth is new executive director of the Valley Economic Development Corp., a public-private organization for the San Jacinto Valley.
CCF Innovations Receives $5 Million for Tech Transfer
In what may be the first gift of its kind, a $5 million cash donation has been made to a technology transfer office to endow the commercialization of new health technologies. The Cleveland Clinic announced receipt of the donation from John Ferchill, a Northeast Ohio real estate developer, in mid-December.
People
The Greater Antelope Valley Economic Alliance has appointed Tony Moon as its new president.
Digest Takes a Break
The SSTI Weekly Digest will resume publication on January 9. We hope all our readers have a safe, prosperous, and happy 2004.
USC Named First Homeland Security Center for Excellence
The University of Southern California (USC) will serve as the first Homeland Security Center of Excellence, the U.S. Department of Homeland Security (DHS) announced last week. DHS anticipates providing USC with $12 million over the course of the next three years for studying risk analysis related to the economic consequences of terrorist threats and events.
Conference Profile: Air Force Dual Use S&T Program
The Air Force Dual Use Science & Technology (AF DUS&T) Program is part of a congressionally mandated, tri-service program to cost-share research projects with industry for the development of a technology that has both military utility and sufficient commercial potential to support a viable industrial base.
Cincinnati Rolls Out "100-Day" Plan
The Greater Cincinnati Regional Technology Initiative has released revving up the tech engine, a strategic plan with more than 30 recommendations to improve Cincinnati's position in a tech-based economy. Giving themselves just 100 days to complete the plan when they started in Spring, the project was developed through six "Accelerator Teams" involving more than 200 volunteers from the three-state metro area.