People
Colorado State University and the Northern Colorado Economic Development Corp. together have hired Martin Shields as a new regional economist.
Stimulus Package Designed to Boost Orange County (Fla.) Economy
An economic diversification package recently approved by officials in Orange County, Florida, is intended to offset some of the post-September 11 difficulties experienced by the local economy.
More than $1 million for the Orange County Economic Stimulus Package was approved in late January by the Board of County Commissioners. The initiative provides funding for five measures, including:
People
Last week, David Allen began his tenure as Assistant Vice President for Technology Transfer at the University of Colorado. Allen was the Assistant Vice President for Technology Partnerships at the Ohio State University.
Departures
Rick Kovar, executive director of the Rhode Island Technology Council for the past two years, resigned from his position. The 242-member Council is beginning the search for a new director.
$100 Million Centers of Excellence Initiative Proposed for Florida
In his fourth State of the State Address, Governor Jeb Bush outlined a new $100 million university-based initiative focused on nanotechnology and biotechnology.
IT Florida Issues Annual Report
Encouraging venture capital investments, creating R&D tax exemptions, and establishing three new technology-based organizations are just a few of the recommendations included in the first annual report of ITFlorida.com. The 34-member Information Service Technology Development Task Force was created by state legislation last year to assess the health of Florida's information technology industry.
Recent Research: Public College Support Per Student Sinks to 25-year Low
At the same time civic and corporate leaders around the country are calling for more high school students to pursue a college education, and specifically science, technology and math degrees, the student's share of the cost for higher education is climbing to record highs.
PEOPLE
Dr. Phillips Bradford the Executive Director of the Colorado Advanced Technology Institute has resigned his position. Lenie Roos-Gabridge has been appointed Interim Chief Operating Officer. Bradford’s resignation is the latest in an unprecedented turnover of state technology-based economic development officials. In the last year alone, the leaders of 14 states’ technology efforts have left their positions.
People
Lu Cordova is the new President of the Colorado Technology Incubator.
South Carolina, Florida Get New Tech Councils
On Wednesday, South Carolina Governor Jim Hodges announced the appointment of a 38-member Steering Committee of the Technology Transition Team. The group, chaired by the president of the South Carolina operations of BellSouth, consists of business leaders, technology entrepreneurs, financial executives, research university leaders, and government representatives. Technology Transition Team responsibilities include:
Accessing Capital: News from the South
While venture capital is harder to come by these days in most parts of the country due to the dot-com crash and stock market declines, investment capital may flow more easily in two southern states based on two initiatives.
Florida: $450 Million for CAPCOs Considered
Colorado S&T Commission Created
Colorado Governor Bill Owen has appointed 55 technology executives and public officials to serve on the Governor’s Commission on Science and Technology. The Commission’s purpose is to issue a set of recommendations by late-2000 focused on enhancing Colorado's business climate and creating the technological infrastructure necessary to foster statewide growth of the high technology industry.
Specifically, the group is tasked to:
Florida Space Research Institute Off the Ground
The Florida legislature recently approved legislation creating the Florida Space Research Institute (FSRI), an independent, industry-led organization designed to coordinate the space-related research capabilities of several public and private universities. FSRI will strive to expand the universities’ involvement in space research and education, and to insure that state academic resources are available to support the space-related needs of industry, NASA, and the military.
Western Governors Create High Technology Council
The 18 governors who comprise the Western Governors’ Association (WGA) have agreed to create a Western High Technology Council to serve as a strategic alliance among states, technology firms and universities to advance the region's common interests in the technology-driven and knowledge-based New Economy. Hawaii Governor Ben Cayetano, WGA Chairman, proposed the idea at the WGA winter meeting held in Las Vegas during December.
People
John Austin is the newly appointed executive director of the New Economy Initiative for Southeast Michigan.
Tom Cech announced he will return to the University of Colorado at Boulder next year to pursue laboratory research and teaching after eight years as president of the Howard Hughes Medical Institute.
Florida Leverages Advantages in Biotech to Prepare for Space Shuttle’s Demise
The end of the space shuttle program in 2010 has many state and local governments uncertain about the future of the aerospace industry. A recent NASA report estimated that as many as 10,000 contractor jobs could be lost at spaceflight centers across the country by the time the program ceases operation. Florida's John F. Kennedy Space Center would be the hardest hit, with as many as 80 percent of its current workforce lost in the next 2-3 years.
Florida Budget Crisis Affects TBED Initiatives; $450M Biotech Fund Running on Empty
Beginning in 2003 with its $510 million investment to lure the Scripps Research Institute (see the Oct. 31, 2003, issue of the Digest), the state of Florida has drawn national attention over the past few years for its aggressive pursuit of major life science research institutions. This year, however, it looks like that strategy will have to be put on a temporary hiatus.
Colorado Legislative Success for Bioscience, Energy Projects
Early-stage Colorado bioscience companies and researchers in clean and alternative energy working to commercialize new technologies are among the victors of Colorado’s legislative session that ended last week.
Incubator RoundUp: Growing and Sustaining High Technology Companies
Offering customized workspace such as wet laboratories and specialized research equipment is one of the many benefits provided by technology-focused incubators. Access to university research, business mentoring and administrative support services often accompany the reduced rent facilities with the goal of growing technology companies into successful, self-sustaining enterprises. Following are select announcements of recently launched incubators and partnerships from across the nation.
Florida Pension Fund to Invest $1.95B in 'Technology and Growth' Industries
Florida Gov. Charlie Crist paid a visit to Wall Street last week to celebrate the signing of a new law that will increase the state retirement fund's investment in high-tech industries. Under the new legislation, the Florida State Retirement System will dedicate up to 1.5 percent of the system's trust fund to technology and growth investments. The Miami Herald estimates that this could provide nearly $2 billion for high-tech industries in the state.
Recent Research: Do State Merit-Based Scholarship Initiatives Decrease Enrollment in the STEM Fields?
Since the inception of the HOPE scholarship program in Georgia 15 years ago, the number of state-sponsored merit-based scholarship initiatives to increase the number of students attending in-state colleges and universities has increased throughout the country. One such statewide initiative, Florida’s Bright Futures Program, was established in 1997 and has since become the second largest merit-based scholarship program in the U.S. At the recent annual forum of the Association of Institutional Research held in Seattle, Dr.
Enacted Budget Allocates $79M to Promote Energy Diversity in Florida
Gov. Charlie Crist signed the fiscal year 2008-09 budget into law last week, allocating nearly $79 million for energy-related projects to increase research and stimulate development and commercialization of alternative and renewable energy sources throughout Florida.