Federal research facilities can be a bit intimidating for a small- or medium-sized technology firm. But if a business is looking for solutions to technical problems, new technologies to commercialize or adopt, a research partner, or funding to perfect some technology, the vast resources of the nation's 700+ federal research laboratories could hold the key to commercial success.

The Manufacturing Extension Partnership (MEP) is a nationwide network of not-for-profit centers in more than 400 locations nationwide. Their sole purpose is to provide the 357,000 small and mid-sized manufacturers in the U.S. help to succeed in a global economy.

Michael Finney, vice president for Emerging Business with the Michigan Economic Development Corp (MEDC), is leaving MEDC to become the first president and CEO for the Greater Rochester Enterprise in New York.

Doug Rothwell, President and CEO of MEDC, has announced his resignation with the end of Governor John Engler's term in December.

A public entity setting up a satellite office for promotion and business recruitment is not new. Many state economic development departments have done it for years in foreign countries to encourage international trade. State film promotion boards do it in Hollywood to attract movie projects to their home states.

The amount of time a technology-based economic development (TBED) professional can spend out of the office for professional development is limited. So are travel funds. That's why SSTI packs so much into its annual conference — already the largest event in the country dedicated to improving state, local and regional TBED efforts.

Gary Woodbury, president and CEO of the Small Business Association of Michigan for the past 15 years, has announced he will retire in June 2003.

Recognizing the potential economic impact of biotech, nearly every state, most colleges and dozens of communities are developing programs to build bio-based economies. Everyone wants a piece of what may be the guiding field for industrial transformation over the next several decades. Is there enough bio for everyone? What strategies work for building bio-based economies? What approaches are states and localities taking, and what's working?

Connecticut Gov. M. Jodi Rell is using the midterm budget request as the vehicle to substantially overhaul how the state supports the entire economic development process. Connecticut Innovations, one of the nation's oldest state-created equity finance programs for tech businesses, would be consolidated with departments that cover focus areas ranging from health education and housing to traditional economic development financing.

Earlier this week, the Michigan Economic Development Corporation (MEDC) and the Michigan Business Roundtable released a benchmarking study that used 140 indicators across seven areas to compare the state's competitiveness with 17 other states.

Bob Filka, vice president of strategic initiatives for the Michigan Economic Development Corporation, is leaving to become chief operating officer of the Michigan Broadband Authority Board. William Rosenberg will become the new board's first director.

Michigan Governor John Engler on Thursday unveiled NextEnergy— a comprehensive economic development plan to make Michigan a leader in the research, development, commercialization and manufacture of alternative energy technologies such as hydrogen fuel cells.

Connecticut-based bioscience research and development (R&D) investment in 2001 totaled $3.6 billion, an 18 percent increase over 2000, according to the Seventh Annual Economic Report of Connecticut United for Research Excellence (CURE), Connecticut's bioscience Cluster.



2001 Gains and Future Opportunities, released last week at Yale University, highlights several economic indicators that demonstrate the growth of the bioscience industry in Connecticut, including:

A new report showing that Michigan is performing at the level of the national average in tech transfer recently was released by the Michigan Economic Development Corporation (MEDC) and the Presidents Council, State Universities of Michigan.

They may be separated by more than 6,000 miles, but tech-based economic development initiatives in Hawaii and Connecticut have adopted similar strategies to encourage the commercialization of alternative energy technologies: they're buying them. 

Many areas of the country are lamenting the workforce challenges presented by the out-migration of technically skilled college graduates, a “brain drain” for short. Two studies released during the past few days, however, provide positive data to the contrary for Michigan and the Pittsburgh, Pennsylvania metro region.



Michigan

Maneesh Sagar has been named director of investments at Connecticut Innovations.