Yes, it could happen. Bid packets are available. Your organization could host SSTI's 12th annual conference during the fall of 2008. More than 350 of the nation's greatest thinkers and practitioners for building tech-based economies could descend on YOUR city.

As with every public policy or program to promote economic development, TBED initiatives can fall victim to critics’ concerns regarding the value of these approaches if performance measurement is not an integral component of your efforts. Fair assessment of impact, though, remains a thorny issue for many TBED strategies because of the early stage of investment (e.g. support for university research, entrepreneurship education or even seed capital).

 

For just over eight years, the SSTI Weekly Digest has come to you every Friday...first it was by fax, then by e-mail.  Starting with this issue, the Digest makes a change and will be distributed each Monday.  We believe this change will help you get your week started right...and will give the SSTI staff something to do on the weekend.

SSTI welcomes Rhiannon Mehring to its staff as a research associate.

The Wright Center for Innovation for Advanced Data Management and Analysis named Charles Walsh as its first president.

The Fund for Our Economic Future, a new collaboration of Northeast Ohio private, community and corporate foundations to support regional economic development, has secured more than $22 million in commitments and is expected to grow to $30 million. Launched last week, the fund is believed to be the largest and most comprehensive philanthropic collaboration of its kind in the U.S.

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.

Tony Brown, director of the Community Development Financial Institution (CDFI) Fund at the U.S. Treasury Department, announced his resignation effective Feb. 27, to become chief executive officer of the Uptown Consortium in Cincinnati.

Ohio State University has appointed Vicki Butland to serve as interim president and chief executive officer for the Science and Technology Campus Corp.

Ohio’s IT Alliance (OITA) invites applications and nominations for the position of President and Chief Executive Officer. OITA's mission as a statewide public/private partnership is to drive the growth and improve the competitiveness of Ohio through the development and support of its information technology industry. The new President will enhance OITA’s role as the key public/private catalyst for industry growth and success.

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:

In what may be the first gift of its kind, a $5 million cash donation has been made to a technology transfer office to endow the commercialization of new health technologies. The Cleveland Clinic announced receipt of the donation from John Ferchill, a Northeast Ohio real estate developer, in mid-December.

The SSTI Weekly Digest will resume publication on January 9. We hope all our readers have a safe, prosperous, and happy 2004.

A complete description of this opportunity is available at: http://www.ssti.org/posting.htm.

Halfway through its money and its first decade, Ohio's Third Frontier Initiative has helped generate a $6.6 billion impact for the state, according to an independent assessment released by the Ohio Department of Development (ODOD) on Tuesday. The report also credits the initiative's investments for creating 41,300 jobs within Ohio over the past five years.

President Obama has named Ron Bloom as the administration's senior counselor for manufacturing policy. Since, February, Bloom has been a senior adviser to Treasury Secretary Timothy Geithner, and he sits on the president's automotive industry task force.

NorTech, the Northeast Ohio Technology Coalition, seeks applications for a Vice President. Reporting to the president and CEO, and serving as an integral member of the senior management team, the VP will be responsible for the development of several NorTech initiatives including technology commercialization, flexible electronics cluster building, and support on government engagement.

This issue of the Digest unveils a new format and look for the Digest. Shorter but containing more material at the same time, we think this new format will permit you to get the most important news of the week for the TBED community in a format that works best for you. We consider literally hundreds of items each week for the Digest, so we’re particularly excited to introduce the Staff Picks section that will provide you with links to stories, videos, blog posts, etc. that we think you should be aware of.

NorTech, the Northeast Ohio Technology Coalition, seeks applications for a Vice President of Strategic Outreach. Reporting to the president and CEO, and serving as an integral member of the senior management team, the VP of Strategic Outreach will be responsible for the development of NorTech’s overall communication strategy and building relationships with key stakeholders.

Capturing national attention for initiating successful programs to sustain the nation’s position as a global leader for innovation and competitiveness, six organizations were named recipients of SSTI’s 2009 Excellence in TBED Award. The third annual awards follow a nationwide competition recognizing outstanding achievements in tech-based economic development (TBED) emphasizing impact, strategic value and replicability.

The Ohio Business Roundtable's independent assessment of the outcomes and impacts from the first $473 million invested from Ohio's Third Frontier (OTF) Program since its creation in 2003 shows the program providing an annualized return of 22 percent - and climbing. Presented to the Ohio Department of Development Dec. 8, the report reveals product sales of OTF-funded projects already equal $440 million alone, nearly matching the state's investment. An additional $3.2 billion of follow-on funding has been secured for OTF projects as well.

The third installment of SSTI’s Tech Talkin’ Govs’ series includes excerpts from speeches delivered in Delaware, Maine, Missouri, New Hampshire, Ohio, Rhode Island, South Dakota, Utah and Wisconsin. The first and second installments are available in the Jan 13 Digest and Jan. 20 Digest, respectively.

Today's Digest marks SSTI's 600th issue. The Digest's growth in circulation and coverage over the past 13 years parallels the explosive expansion of activities to strengthen regional economies through technology-based economic development. From its humble beginnings as a two-page fax sent out to 50 people on Friday March 1, 1996, to its current world-crossing circulation now in the thousands, the Digest remains committed to delivering timely information that will help state, local and university TBED practitioners succeed.

More than 50 research funding opportunities totaling more than $100 million were sent to SSTI Members this week in SSTI's Funding Supplement. This members-only electronic publication provides readers with application information, eligibility criteria and submission deadlines for hundreds of research and economic development funding opportunities offered by the federal government and others.