Recent Impact Reports Offer Varied Approaches to TBED Assessment
One of the continuing challenges for TBED organizations is successfully documenting how their investments and activities influence the economic landscape of their states and regions. SSTI has selected a few recent state reports as examples of impact assessment, each identifying and utilizing certain measurements to help them tell their story. Their approaches may be of interest to other TBED organizations looking to gauge and share their impact with others.
Save the Dates!: SSTI's Annual Conference Set for Oct. 18-19, 2007
As you begin to fill in your 2007 calendar, remember to mark Oct. 18-19, 2007 to attend SSTI's 11th annual conference in Baltimore! Past attendees know SSTI's conference is the perennial premiere professional development event for the TBED community. And 2007 will be no exception. The conference will be held at the Renaissance Baltimore Harborplace Hotel, right on the city's exciting waterfront.
Delaware Gov. Wants $34M for Tech-based ED
As promised in her 2004 State of the State Address, Gov. Ruth Ann Minner released a New Economy Initiative last week that includes several new elements to encourage economic growth in Delaware. The $34 million package is expected to generate at least $16 million more in federal and private match. Many of the elements of the plan were recommended by the governor's Strategic Economic Council.
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Brian Vogt has been appointed director of Colorado's Office of Economic Development and International Trade.
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William Tew has resigned as director of the Office of Licensing and Technology Development for Johns Hopkins University.
Maryland Outlines New TBED Road Map
Three I's neatly sum up the 22 recommendations recently released by Maryland Governor Robert Erlich's Commission on Development of Advanced Technology Business — Investment, Innovation, and Image. The year-long study looked at the state's existing physical, financial and intellectual infrastructures to support the state's research and technology sectors, making specific recommendations in three groupings to foster continued growth.
Tech Talkin Govs' II
Tech-based economic development remains high on the agendas of the most of the governors who gave State of the State or Budget Addresses this week. Selected excerpts are provided below:
Maryland, NSA Join Forces
A new agreement between the State of Maryland and the National Security Agency (NSA) is expected to lead to new technologies for both. The two formalized a partnership earlier this month, signing a memorandum of understanding at the Maryland State House.
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Former NASA Administrator Richard Truly, now head of the National Renewable Energy Laboratory, announced his plans to retire in November.
Tech Talkin' Govs 2006, Part Three
The first two installments of SSTI's annual look at how TBED will play in the 2006 legislative priorities of the governors can be found in the Digest archives on our website: http://www.ssti.org/Digest/digest.htm
Delaware
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Bill Badger announced he will resign as president and CEO of the Anne Arundel County Economic Development Corp. to take an executive position with M&T Bank.
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Toucan Capital announced the appointment of Dr. Phillip Singerman as a new Venture Partner.
States Looking at Higher Ed to Foster Economic Growth
One of the most critical elements needed for a tech-based economy is a strong higher education system that supplies a source of research ideas, new technologies and a skilled workforce. Studies have shown that individuals with college degrees earn more money, obtain better jobs, pay more taxes, and are more apt to perform volunteer work. Given higher education's important role, several states have been re-examining how higher education can play a larger role in their economy.
Report Focuses on Evaluating R&D
A new report from the Advanced Technology Program (ATP), A Toolkit for Evaluating Public R&D Investment, provides useful information to anyone interested in evaluating publicly-sponsored research and development (R&D) programs. While the report focuses on more than 40 evaluations that have been performed for ATP, it offers one of the most comprehensive and understandable overviews of evaluation methods and applying those approaches.
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Pam Inmann is the new executive director of the Western Governors Association.
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Brian Vogt is the new director of the Office of Economic Development and International Trade in the Colorado Office of the Governor.
Colorado CAPCO Demise Leads to Questions for Other States
The creation and subsidization of CAPCOs, certified capital corporations intended to encourage venture capital (VC) investment, is one of the more controversial policies some states have adopted to encourage the growth of tech-based economies. With substantial revisions to Colorado's short CAPCO experiment this month, questions are raised once again for other states that either have passed or are considering various approaches to increasing the availability of risk capital for new tech firms.
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Secretary Aris Melisssaratos of the Maryland Department of Business and Economic Development recently announced two new appointments. Leslie Sipes-Pachol will serve in the position of executive director for the Maryland Economic Development Commission, and Paul Mauritz has been promoted to become Assistant Secretary for Technology Strategy and Business Development.
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Maryland Gov. Robert Ehrlich has appointed Robert Brennan to succeed Hans Mayer as executive director of the Maryland Economic Development Corporation. Mayer retired after holding the position for 17 years.
Governor's $30.5M New Economy Initiative Funded in Delaware
July has been a tech-friendly month for Delaware Gov. Ruth Ann Minner. On July 14, the Biotechnology Industry Organization (BIO) named her "BIO Governor of the Year," recognizing her contributions toward growing the state's biotechnology industry, one of the strongest concentrations in the country. Further attesting to her grasp of biotech issues, Gov. Minner also serves as a co-chair of the National Governors Association Biotechnology Partnership.
Party Control Changes in Several State Legislative Chambers
Unofficial results posted today on the National Conference of State Legislatures (NCSL) website reveals political control of at least 10 of the country's 99 state legislative chambers (Nebraska has a unicameral legislature resulting in the odd total for the country) changed parties in yesterday's election.
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Julie Coons is the new president of the Technology Council of Maryland. Coons most recently served as executive vice president of PCIA -- the Wireless Infrastructure Association.
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The Maryland Technology Development Corp. has appointed Renée Winsky as its new executive director.
Early Bird Rates for SSTI's 11th Annual Conference Expire in 13 Days!
Register today to be sure you receive this special rate. On Wednesday, Sept. 26, registration fees will increase by $100. Hosted by the Maryland Department of Business and Economic Development, the Maryland Technology Development Corporation, and the University System of Maryland, the 2007 SSTI Annual Conference will be held at the Renaissance Baltimore Harborplace Hotel Oct. 18-19.
New SSTI Conference Hotel Information
Early registration is nearly over and the conference hotel is full, but you still have the opportunity to join representatives from 47 states and Canadian provinces at SSTI's 11th Annual Conference in Baltimore, Oct. 18-19, 2007 -- the nation's premier gathering for the tech-based economic development field.