TBED People & Orgs
Jeffrey Brancato has recently joined NorTech as vice president. Prior to joining NorTech, Brancato was the associate vice president for Economic Development at the University of Massachusetts.
Randal Charlton has announced his retirement as executive director of TechTown, the Wayne State University research and technology park. Leslie Smith, the general manager of TechTown has been appointed to fill the position beginning Nov. 1.
Support for Entrepreneurs, Manufacturers Included in Connecticut Jobs Package
Building on several of the new programs enacted during the regular legislative session (see the June 15, 2011 issue of the Digest), Gov. Dan Malloy last week signed into law HB 6801, a comprehensive legislative package that authorizes $626 million in bonds to support efforts aimed at job creation. The bill has several components to support high-tech entrepreneurship, workforce development, and incentivize manufacturers and small businesses.
Nevada Economic Development Agenda Seeks to Capitalize on Clusters, Regionalism
To leverage the state's opportunities, Nevada needs to upgrade its diffuse economic development system to empower its regions more fully and set a statewide platform for new growth, finds a report commissioned by the state. Building on legislation passed earlier this year to reorganize and elevate the importance of the state's economic development activities, the report calls on the state to unify its operating system for 21st century economic development, support smart sector strategies in the regions, and set a platform for higher-value growth through innovation and global engagement.
Connecticut Innovations Matches State Funds, Creates New Programs
Connecticut Innovations (CI), a quasi-public agency supporting high-tech industries, will match state funds to expand access to capital programs and launch new initiatives supporting tech transfer efforts. CI's board this week announced the deployment of $250 million over five years for activities including SBIR assistance, establishing three technology accelerator hubs and recruiting emerging tech companies nationally and internationally.
Legislative sessions ending; AL, FL, NV, TN budgets reviewed
As more state legislatures are coming to the close of their sessions, more state budgets are being finalized.
AL, CT, FL, MI, MO, OK, PA and WI budget proposals boost and cut TBED
In the latest round of state budget proposals, TBED initiatives receive mixed reviews. Some governors are boosting funding while others in cash-strapped states are proposing cuts.
Report Could Have Implications for Connecticut Job Growth, Education
Gov. Jodi Rell recently announced the results of a study of the strengths and weaknesses of Connecticut’s infrastructure for innovation, technology transfer and development of new businesses. A report prepared for the Connecticut Technology Transfer and Commercialization Advisory Board of the governor's Competitiveness Council presents the results.
People
Connecticut Lt. Gov. M. Jodi Rell was sworn in as the state’s 87th governor on July 1, taking over from former Gov. John Rowland, who resigned amid a federal corruption investigation and a threatened impeachment for allegedly accepting gifts from employees and state contractors. Senate President Pro Tem Kevin Sullivan was sworn in as Lieutenant Governor. Rell is a Republican, while Sullivan is a Democrat.
De-privatization?: Reno-area Tech Council Affiliates with Nevada ED Office
Citing the goals of expanding its impact and stabilizing funding, the member-based TechAlliance has given up its political independence to become a nonprofit agency under the auspices of the Nevada Commission on Economic Development.
People
The Connecticut Technology Council has named Matthew Nemerson as its new President and CEO, replacing Michael Theodore.
Biopharmaceutical Industry Forecasted to Strengthen State, U.S. Economy
The biopharmaceutical industry is poised to become an important source of economic growth in regions that are successful in nurturing it, according to a recent report from the Milken Institute. With so many states and communities focusing significant financial resources toward developing bio-based economies, the industry analysis is likely to be welcome news.
People
Connecticut Gov. Jodi Rell named Marie O'Brien to oversee the Connecticut Development Authority.
People
The winners of the Siemens Westinghouse/AAAS Competition for the Best Teen Scientists and Mathematicians of the Year were announced this week: 17-year-old Yin Li of New York City was the individual grand prize winner for his project "Characterizing the Prion Properties of a Translational Regulator Expressed in Mouse Brain." Brothers Mark and Jeffrey Scheider, 18 and 16, respectively, of South Windsor, Conn., won the grand prize in the team category for the "Simulation of the West Nile Virus u
People & TBED Organizations
Edward Bowman Jr. was selected as chairman of Connecticut Innovations. Bowman replaces Elaine Pullen, who resigned to focus on her consulting business.
People
Tim Rubald, interim executive director of the Nevada Commission on Economic Development, was appointed to the position on a permanent basis.
Connecticut Governor Announces Plans to Reorganize ED Efforts
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.
Connecticut's BioScience Cluster Gains Momentum, Report Shows
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:
Hawaii, Connecticut Support Alternative Energy Tech Demos
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.
People
Maneesh Sagar has been named director of investments at Connecticut Innovations.
People
Connecticut Innovations has selected Frank Dinucci to fill the position of president and executive director, which was vacated by Chandler Howard.
SSTI Job Corner
Complete descriptions of the position openings described below are available at http://www.ssti.org/posting.htm.
People
Mark Rudin, the interim vice president for research and graduate dean at the University of Nevada, Las Vegas, will become the vice president for research at Boise State University, effective Jan. 1.
People
Victor Budnick, executive director of Connecticut Innovations, has announced his retirement effective April 1.
People
David Archer is the new managing director for Nevada's Center for Entrepreneurship and Technology.