Tax Incentives for CAPCOs, Angel Investment, Green Jobs Sought in Minnesota
As part of the 2010-11 biennial budget unveiled last week, Gov. Tim Pawlenty proposed a package of tax incentives directed toward small, emerging businesses and companies that create green jobs and services. The governor's proposed Minnesota Jobs Recovery Act calls for a sizable investment over the next biennium with even greater costs beginning in 2012.
Tech Talkin' Govs, Part V
The fifth installment of the Tech Talkin' Govs series includes highlights from state of the state, budget and inaugural addresses from governors in Alabama, Michigan, Ohio, Oklahoma, Pennsylvania and Utah.
Connecticut Gov Latest to Propose Consolidating Economic Development Efforts
Adding to a growing number of governors proposing to consolidate state economic development agencies, Gov. Jodi Rell last week announced in her budget request her intention to overhaul Connecticut's job creation infrastructure by merging several state agencies into the Department of Economic and Community Development (DECD).
Listen to SSTI's Interview with Peter Longo of Connecticut Innovations
SSTI has an effective new learning tool for TBED policymakers and practitioners seeking guidance in approaches to building and sustaining tech-based economies.
With Connecticut's Budget Passed, Last Nail in 2009 State TBED Merger Proposals
This year as states were wrestling with significant deficits, several proposals to consolidate TBED initiatives with other units of government emerged. The most recently decided was in Connecticut, where the General Assembly did not move forward with a plan to merge the state's two primary financing agencies, Connecticut Innovations and the Connecticut Development Authority to form a new Connecticut Economic Innovations Authority. Gov. Jodi Rell had proposed the consolidation.
Recession Aftermath: States Unveil Long-Term Plans to Boost Economy
The national recession that began at the end of 2007 is "very likely over," according to Federal Reserve Chairman Ben Bernanke. Recovery, however, may be a long way off. Because states were affected differently by the economic downturn in both timing and impact, recovery for state and local economies is likely to occur at different times. Moody's Economy.com predicts, according to an MSNBC article, that job growth will return first in five states: Colorado, Idaho, Oregon, Texas, and Washington.
Biomedical Initiatives Face Cuts As Governors Seek to Erase Deficits
Governors across the nation are trying to find ways to prevent their state finances from falling further in the red as revenues continue to fall while costs for Medicare and unemployment remain high. Deficit-reduction plans announced in two states seek to delay payments and cut funding to biomedical research initiatives that were established to expand the states’ research capacity and generate wealth.
Connecticut
TBED People and Organizations
Kathy Collins has been appointed as the Wisconsin Entrepreneurs’ Network (WEN) regional director in Madison. Previously, Collins worked as the technology and financial development manager in the Commerce Division of Business Development.
Ron Cox has been appointed as the assistant dean for economic development in the engineering college at Iowa State University. He retains his current position as director of CIRAS, the Center for Industrial Research and Service.
Utah Governor's FY11 Budget Includes $30M for USTAR
Gov. Gary Herbert unveiled last month an $11.3 billion spending plan for FY11 that maintains level funding for higher education and slightly reduces funding for the Utah Science Technology and Research initiative (USTAR). The governor's FY11 budget plan addresses a $693 million shortfall, which is spread across FY10-11 and anticipates $34 million in state revenue growth during the next year. Read more ...
Listen to SSTI's Interview with Wayne Sumple and Bob Torrani of the Connecticut Center for Advanced Technology (CCAT)
TBED People and Organizations
The Piedmont Triad Research Park laid off Bill Dean, director of the park, and Nancy Johnson, marketing director. Park officials said that the park's project manager and executive assistant also were laid off.
Minnesota Lawmakers Establish Green Jobs Plan; Gov Takes Final Action on Budget
As one of several states working to recruit and retain companies that create green jobs, Minnesota lawmakers passed a measure to create a multiagency authority to promote, market and coordinate state agency collaboration on green enterprise and green economy projects. At the same time, legislators rejected Gov.
TBED People and Orgs
Rebecca Blank, the acting U.S. secretary of Commerce, is expected to be the next chancellor of the University of Wisconsin at Madison. The Board of Regents is scheduled to vote on the recommendation April 5.
CT Budget Funds Effort to Double State's STEM Graduates in Ten Years
Connecticut's General Assembly approved a biennial budget that includes major increases for science and technology research and education at the University of Connecticut and a boost in funding for the state's others higher education institutions. The $44 billion budget also includes continued funding for the state's economic development programs.
TBED People and Organizations
W. Steven Burke is the new president of Biofuels Center of North Carolina.
Tech Talkin' Govs, Part III
People
Chris Roybal announced he is stepping down as senior economic development advisor of the Utah Governor's Office to become president and chief operating officer of the Northwest Research Corp., effective Feb. 2.
SSTI Job Corner
Complete descriptions of these opportunities and others are available at http://www.ssti.org/posting.htm.
2008 Excellence In TBED Winners Honored For Achievement In Building Tech-Based Economies
Four recipients selected as best practice models in technology-based economic development were honored during an awards ceremony last week in Cleveland during SSTI's 12th Annual Conference. The awards follow a national competition emphasizing impact and replicability in approaches to building and sustaining tech-based economies.
TBED People
Southern Growth hired Ted Abernathy, Jr., former Executive Vice President & COO of the Research Triangle Regional Partnership, to serve as its Executive Director, filling the vacancy created by Jim Clinton's resignation in September.
People & TBED Organizations
Steve Lehmkuhle was named the first chancellor of the University of Minnesota-Rochester, effective Sept. 7. Lehmkuhle previously was the vice president for academic affairs at the University of Missouri.
People & TBED Organizations
Elaine Pullen resigned as chairman of Connecticut Innovations to focus on her consulting business.
People
John Mengacci, CEO of Connecticut Innovations, announced his resignation.
People
Connecticut Innovations has named John Mengacci interim president while it conducts a broad search to fill the position permanently.
People
Richard Nelson has been appointed chairman and CEO of the Council of Regional Information Technology Associations.