Milken Ranks Regional Biotech, Life Science Clusters
Only a handful of metropolitan areas have the critical mass necessary to ensure sustainability of their local biotech communities, according to America’s Biotech and Life Science Clusters, a new study from the Milken Institute. At the top of the list is San Diego, followed closely by Boston and the Raleigh-Durham-Chapel Hill metro area. Only another nine are in the running, the report contends.
Fresno Must Transform into a Creative Economy or Get Left Behind, Report Says
To survive economically in an innovation-based economy, Fresno needs to foster the creativity of its people and attract others into the population, says a recent report from the Fresno Creative Economy Council. While encouraging creativity to spur innovation and economic growth has captured the attention of cities and regions across the continent, how to accomplish that goal is less clear for many.
People
Tina Van Camp has been named the director of the South Dakota Governor's Office of Economic Development.
Useful Stats: More SBIR Award Data
Defense 2003 SBIR Phase II Awards
The Department of Defense (DoD) distributed $766.9 million in awards under fiscal year 2003 Phase II Small Business Innovation Research (SBIR) Program competition. A total of 1,080 awards averaging more than $710,000 were made.
People
Paul Hiller, formerly managing director of the economic development arm of the Irvine Chamber of Commerce, is the new president and chief executive officer for the Inland Empire Economic Partnership.
California Big on Hydrogen; State Captures $50M of DOE Fuel Cell Funding
He may be more traditionally associated with gas-guzzling Humvees than anything remotely environmental, but Gov. Arnold Schwarznegger has become a big believer in alternative energy vehicles. The governor's recent call for creating a "Hydrogen Highway" by 2010 is, perhaps, the country's boldest commitment to getting hydrogen fuel cell vehicles on America's roadways anytime soon.
People
Marye Ann Fox, chancellor of North Carolina State University, is moving on to become chancellor of the University of California, San Diego.
People
South Dakota Gov. Mike Rounds has appointed Jim Hagen to serve as secretary of the governor's Office of Economic Development.
South Dakota Clears Path for Tech-based ED
With the recent passage of much economic development legislation in South Dakota, Gov. Mike Rounds' 2010 Initiative would seem to be moving along as planned. The 2010 Initiative, an economic stimulus plan introduced last fall, outlines a series of goals for growth in South Dakota by the year 2010 (see the Oct. 31, 2003, issue of the Digest).
NSF, NIH Commit Combined $213M toward Nanotech
While the National Institutes of Health (NIH) and the National Science Foundation (NSF) have voiced caution and funded efforts to understand the potential societal and environmental implications of nanotechnology deployment, both agencies announced much larger funding commitments - totaling $213 million - to expedite commercial applications for the explosive field.
Nanotech Solutions for Cancer
Report Finds Info Tech Lost 403,000 Jobs Since Bubble Burst
More than half since recession "officially" ended
There is little comforting news in a new statistical report for workers in the U.S. information and communication technologies (ICT) sector. Researchers from the University of Illinois-Chicago found the sector lost 403,300 jobs between March 2001 and April 2004.
NIH Awards $20M for Studies in Ethical, Legal and Social Aspects of Genomics
As part of a new initiative to address pressing ethical, legal and social questions raised by recent advances in genetic and genomic research, the National Human Genome Research Institute (NHGRI) has awarded approximately $20 million in grants to fund interdisciplinary centers within universities around the country over the next five years. NHGRI is one of the National Institutes of Health (NIH).
Incubators in the News
New York City Launches Second Biotech Incubator Companies wanting to commercialize new technologies can now bring their companies to Brooklyn, with the June opening of a new technology incubator located near Downstate University's biochemistry department.
South Dakota Dedicates $2.8M to University Research Centers
Gov. Mike Rounds announced last week the creation of four new specialized research centers at the state's public universities. The $2.8 million in awards mark South Dakota's first foray into using university-based research investments as a tool to grow the state's economy, the governor said.
The four 2010 Research Centers are:
Larta Institute to Manage $2.5M NIH Commercialization Efforts
The National Institutes of Health (NIH), the largest federal funding source for life sciences research conducted by small tech firms, has selected the Larta Institute to manage its nationwide Commercialization Assistance Program. The multi-year $2.5 million award will target Phase II recipients of the NIH Small Business Innovation Research and Small Business Technology Transfer Programs (SBIR/STTR).
Incubator News
NBIA Releases Revised Business Incubation Guide
People
Real estate developer Robert Klein II was selected as chairman of California's stem cell oversight committee.
California, Hawaii Look to Sun for Energy Plans
One of the biggest obstacles for products drawing on alternative energy is finding a market big enough to bring the cost down of their new technologies to attract the larger more risk-adverse population of consumers. Californians are stepping up to the challenge after committing to invest nearly $3 billion over the next 10 years to aid in the shift to cleaner power.
UC Performance Measures Reveal Timely Graduation Rates, Effective Technology Transfer
The University of California (UC) is demonstrating success in several key areas under a compact designed to facilitate timely graduation. Findings of the first annual report reveal the university is achieving success in degree production in high priority areas for the state, effective community college transfer, and transfer of research innovations to the marketplace, according to the UC press office.
Foundations Brighten Holidays for Several TBED Efforts
Foundations and philanthropists are playing increasingly important financial roles for many academic and regional technology-based economic development (TBED) efforts. The latest issue of Philanthropy News Digest, the weekly electronic newsletter of the FoundationCenter, highlights three recent announcements that provide examples of the size, scope and opportunity presented by these types of awards. The announcements are summarized below.
Venture Capitalist Donates $22M for USC Tech Commercialization Center
For many university tech transfer operations, the need to generate revenues to support the office and attempt to meet the often pie-in-the-sky expectations of school administrators can force licensing efforts toward only the biggest deals. Thanks to a large donation to serve as an endowment, the University of Southern California (USC) Viterbi School of Engineering will be able to count on $1 million in interest income to support its technology transfer activities.
People
Dr. John Reed, president and CEO of The Burnham Institute, was appointed to the Independent Citizen's Oversight Committee that will govern the California Institute for Regenerative Medicine created last month.
Wisconsin Responds to California Stem Cell Commitment
Just as SSTI and other post-election analysts predicted, California’s recent passage of a $3 billion commitment to stem cell research is triggering responses from across the country. Wisconsin is the first to outline a specific, strategic reaction to the California referendum in an effort to retain or regain momentum in the race to encourage bio-based economic growth.
Useful Stats: 2003 High Tech GDP Location Quotient
Using data from its 2004 Best Performing Cities Index, Milken has generated a comprehensive table ranking cities by one- and five-year measurements of job growth, wages and salaries, and relative high tech gross domestic product (GDP) growth, and other measurements.
People
Gov. Mike Rounds announced Steve Zellmer will replace Dave Snyder, who resigned his position as board member for the South Dakota Science and Technology Authority. Zellmer previously served as Commissioner, Bureau of Finance and Management and Secretary of Revenue in Pierre.