SSTI Job Corner
A complete description of this opportunity and others is available at http://www.ssti.org/posting.htm.
Lawmakers Approve Funding for TBED Initiatives in State Budgets
Three states recently wrapped up their 2008 legislative sessions, resulting in the passage of operating and capital budgets for the upcoming fiscal year. State lawmakers approved funding for new and existing TBED initiatives aimed at diversifying the states' economies through increased investments in energy programs, higher education research initiatives and science, technology, engineering and mathematics (STEM) fields.
South Dakota
South Dakota Changes Tactics in the Battle for High-Tech Jobs
South Dakota recently announced it is reorganizing its programs to support entrepreneurs and high-tech start-ups. Instead of offering assistance to new firms through small, targeted programs, the state will reallocate the funding for these smaller programs into a larger fund with fewer restrictions on how that money can be spent. The change will allow the state greater leeway to assist expanding businesses, many of which were not eligible for the existing support programs.
No Digest Next Week
The SSTI Offices will be closed Wednesday, October 6 - Monday, October 11 due to the SSTI conference and in observance of the Columbus Day holiday.
Due to SSTI’s 3rd Annual Conference next week, the SSTI Weekly Digest will not be published on October 8.
SSTI Welcomes Our Newest State Members
Recently, Enterprise Florida Inc. and the Minnesota Department of Employment and Economic Development joined SSTI as state sponsors. We are pleased to have 38 state science and technology (S&T) organizations show their commitment to technology-based economic development as state sponsors. Our members see value in the educational opportunities, technical assistance and quality research information SSTI provides.
People
Rose-Hulman Ventures President Jim Eifert and Executive Vice President Brij Khorana resigned their positions to return to faculty duties at the Rose-Hulman Institute of Technology.
People
Mel Ustad, current interim vice president for research at the University of South Dakota, is the new director of the state's first Office of Commercialization.
Tech Talkin' Govs 2005, Part Three
The first two installments of SSTI's annual look at how TBED will play in the 2005 legislative priorities of the governors can be found in the Digest archives on our website: http://www.ssti.org/Digest/digest.htm
Indiana
South Dakota Creates Office of Commercialization
To fulfill a goal within the state's 2010 Initiative of becoming a recognized leader in research and technology development, the South Dakota Department of Tourism and State Development will operate an Office of Commercialization under the direction of Mel Ustad, current Interim Vice President for Research at the University of South Dakota.
People
Jafar Karim is the new director of the Governor's Office of Economic Development in South Dakota.
People
Sherry Farwell has been named as the new head of the National Science Foundation's Experimental Program to Stimulate Competitive Research (EPSCoR). Dr. Farwell currently serves as dean of graduate education and research at the South Dakota School of Mines and Technology.
People
BioFlorida named Diana Robinson as its new president.
People
BioCrossroads, the Central Indiana life sciences network, announced Chuck Schalliol is the organization's new chief executive officer and president.
Florida Budget Requests $60M for TBED Initiatives
The 2005 budget request submitted this week by Florida Governor Jeb Bush includes $20 million to establish two more Centers of Excellence at Florida universities.
People
Indiana Gov. Joe Kernan has named David Dorff as the state's first director for the new Office of Small Business Advocacy.
Florida Slowly Discovering Truer Costs of Landing Scripps
When Florida Gov. Jeb Bush surprised the world last October by announcing the state had landed an East Coast campus for the Scripps Research Institute, the draw from the public coffers cost was pegged at $510 million. The state was contributing $310 million and the county's share was up to $200 million for land acquisition and building construction.
People
Tina Van Camp has been named the director of the South Dakota Governor's Office of Economic Development.
People
Elizabeth Gatewood has been named director of Wake Forest University's new Office of Entrepreneurship and Liberal Arts. At Indiana University, Gatewood was the Jack M. Chair of Entrepreneurship and the director of the Johnson Center for Entrepreneurship and Innovation.
States Building R&D Capacity Through Endowed Faculty Positions
Studies have shown a strong correlation between high-wage economic growth and university research activity. Examination of nearly every strong regional technology center across the country will reveal at least one research university within its boundaries. As a result, many state and local technology-based economic development (TBED) efforts strive to increase the quantity and quality of university R&D undertaken within their boundaries.
Florida Commits $1B in Pension Funds to Venture Capital Firms
In an attempt to attract more bioscience firms, Florida will invest up to $1 billion of its $102 billion employee pension fund into venture capital, the State Board of Administration recently announced. A forum was held last week by Enterprise Florida, the state's economic development agency, to outline the investment plan to more than 80 venture capitalists in attendance.
People
Don Gentry, vice provost for engagement at Purdue University, has announced his retirement.
People
South Dakota Gov. Mike Rounds has appointed Jim Hagen to serve as secretary of the governor's Office of Economic Development.
South Dakota Clears Path for Tech-based ED
With the recent passage of much economic development legislation in South Dakota, Gov. Mike Rounds' 2010 Initiative would seem to be moving along as planned. The 2010 Initiative, an economic stimulus plan introduced last fall, outlines a series of goals for growth in South Dakota by the year 2010 (see the Oct. 31, 2003, issue of the Digest).
Indiana Looks to Make Permanent 10% Tax Credit on R&D
The Indiana General Assembly recently passed legislation that would make permanent a 10 percent research and development (R&D) tax credit, if signed by Gov. Joe Kernan.