People & TBED Organizations
Egils Milbergs was appointed director of Washington's newly formed Economic Development Commission.
People
Anna Ehnmark was appointed executive director of the Technology Alliance Group for Northwest Washington.
Tech-talkin' Governors: State of the State and Budget Addresses
This week, the SSTI Weekly Digest continues its series on governors' State of the State addresses, highlighting those portions concerning programs, policies and issues immediately affecting the tech-based economic development community.
Northwest's Tri-Cities Has Strong Tech Presence in U.S.
The Tri-Cities (Richland-Kennewick-Pasco) ranks near the top 10 percent nationwide in technology industry growth and offers significant quality-of-life advantages over comparable communities, according to a recent report on local technology business.
TBED People
John Gardner will be vice president for economic development and extension at Washington State University, effective July 1. Gardner has been the vice president for research and economic development at the University of Missouri system.
People and Organizational News
Spokane Economic Development Council president Mark Turner has announced his resignation.
Washington Technology Center Addresses Lack of Seed Capital
The Washington Technology Center (WTC) has created a new program that will make obtaining access to early-stage seed capital easier for companies outside the Puget Sound. WTC is Washington's statewide science and technology organization.
Washington State Extends More Tax Breaks for R&D Firms
Washington Governor Gary Locke signed legislation last week that will give a tax break for research and development (R&D) firms. HB 1462 – passing unanimously, 96-0, in the State House and by a majority, 41-4, in the State Senate – prohibits Washington's local governments from taxing the intellectual property of these companies.
People & TBED Organizations
President Bush announced he will nominate Assistant Secretary of Commerce Sandy Baruah to serve as the administrator of the Small Business Administration.
The Rensselaer County Regional Chamber of Commerce has created the Economic Development Partnership to help businesses relocate to or expand in the county.
People & TBED Organizations
Steve Bazinet has been hired as executive director of the Maine Center for Enterprise Development.
Rahindra Bose is Ohio University's new vice president for research and creative activity and dean of the graduate college.
Recent Research: Measuring the Effectiveness of State R&D Tax Credits
Two weeks ago, Idaho Gov. C.L. “Butch” Otter vetoed legislation to repeal state R&D income tax credits for Idaho companies. Among his reasons for the veto, Gov. Otter claimed removing the credits would put Idaho at a competitive disadvantage because surrounding states over similar incentives. Was he right?
People & TBED Organizations
Lori Broyles was appointed coordinator of the Women's Business Center in Oklahoma City.
Tech Talkin Govs, Part III
Delaware
Gov. Ruth Minner, State of the State Address, Jan. 18, 2007
People & TBED Organizations
Graham Evans has joined Washington Technology Center as director of research and program operations.
Five Zones Share $4.3M to Promote and Develop Regional Economies in Washington
Washington State is attempting to replicate the success of North Carolina’s Research Triangle in promoting regionalism and industry clusters through a new Innovation Partnership Zones initiative.
Launch of Emerging Technology Center Completes Delaware Governor's New Economy Initiative
Gov. Ruth Minner launched over the summer the final component of her New Economy Initiative to provide a network of support and services to technology-based start-up companies.
Job Corner: Delaware ETC Seeks Executive Director
The Delaware Emerging Technology Center (ETC) is seeking an individual to be the center's inaugural executive director. The ETC is a public-private partnership focused on providing services and working to tailor programs to the unique needs of technology businesses and entrepreneurs in the state. Compensation is commensurate with experience and includes an attractive incentive package.
People
Tiffany McVeety stepped down from her post as director of the Northwest Women's Business Center to become a business banker for Shoreline Bank. Rebecca Villareal replaces McVeety.
Washington Creates $350M Life Science Fund
Washington Gov. Christine Gregoire last week signed a bill creating the Life Sciences Discovery Fund (see the Feb. 7 issue of the Digest).
People
Jack Faris is the new president of the Washington Biotechnology & Biomedical Association.
Position Available
The Alliance for Manufacturing Excellence (AME), a non-profit start-up organization, seeks an Executive Director to build and operate a successful manufacturing services organization. The Executive Director will guide AME in its mission of assisting smaller manufacturers to adopt more advanced manufacturing technologies and management techniques.
SSTI Job Corner
Complete descriptions of the position openings described below are available at http://www.ssti.org/posting.htm.
EDA Seeds $3M Growth Fund in Washington
A $1.46 million grant from the Economic Development Administration to the Sirti Foundation is making possible a $3 million loan fund to technology companies within a 10-county region of Eastern Washington. The program provides another example of the non-traditional use of EDA funds to support tech-based economic development strategies. In addition, the deal structure may serve as a model to help other public agencies encourage TBED activities typically outside the scope or possibility of many public entities.
Delaware Selects Three Centers
The State of Delaware has selected its first three Advanced Technology Centers (ATCs), public/private partnerships designed to bolster the state's technology base and to create and retain quality high-tech jobs. The centers will receive $2.31 million from the state's 21st Century Fund for their first year of operation and are eligible for two more years of state funding given satisfactory performance.
The centers selected are:
Innovation Index Reveals Steady Growth in Washington
Although technology sector employment is down slightly from previous years, Washington firms received twice the aggregate amount of venture capital (VC) funding compared to last year, and the state remains above the national average in educational attainment, according to the sixth annual Washington State Index of Innovation and Technology.