Darrell Kelley, CEO of Enterprise Florida for the past three years, will retire on Aug. 1.

The Puerto Rico Senate recently confirmed Jorge Silva-Puras as the new executive director of the Puerto Rico Industrial Development Company. He previously served as secretary of the Department of Economic Development and Commerce.

Many communities around the country have established authorities to oversee the real estate, infrastructure and management issues of their technology parks. Few of those authorities, however, provide direct grants to support industry-university R&D or commercialization projects. This more proactive approach to growing future tenants is the thinking behind a pilot program created last year for the Leon County Research and Development Authority (LCRDA) in Tallahassee.

Jay F. Honeycutt, the director of NASA's Kennedy Space Center (KSC), has announced his plans to retire from NASA in early 1997. He became director in 1995.

The South Florida Manufacturing Technology Center (SFMTC), a regional office of the Florida Manufacturing Extension Partnership, is currently seeking a Director. SFMTC is located in Pompano Beach, Florida and serves seven counties along Florida's southeast coast: Broward, Dade, Martin, Monroe, Okeechobee, Palm Beach, and St. Lucie.

The Florida Manufacturing Extension Partnership (FMEP) is seeking a Director who possesses the skills that are needed for the corporation to excel. The applicant should be an innovator and entrepreneur as well as a leader and a team builder with excellent communication skills.

An economic diversification package recently approved by officials in Orange County, Florida, is intended to offset some of the post-September 11 difficulties experienced by the local economy.



More than $1 million for the Orange County Economic Stimulus Package was approved in late January by the Board of County Commissioners. The initiative provides funding for five measures, including:

Rick Kovar, executive director of the Rhode Island Technology Council for the past two years, resigned from his position. The 242-member Council is beginning the search for a new director.

In his fourth State of the State Address, Governor Jeb Bush outlined a new $100 million university-based initiative focused on nanotechnology and biotechnology.

Encouraging venture capital investments, creating R&D tax exemptions, and establishing three new technology-based organizations are just a few of the recommendations included in the first annual report of ITFlorida.com. The 34-member Information Service Technology Development Task Force was created by state legislation last year to assess the health of Florida's information technology industry.

On Wednesday, South Carolina Governor Jim Hodges announced the appointment of a 38-member Steering Committee of the Technology Transition Team. The group, chaired by the president of the South Carolina operations of BellSouth, consists of business leaders, technology entrepreneurs, financial executives, research university leaders, and government representatives. Technology Transition Team responsibilities include:

While venture capital is harder to come by these days in most parts of the country due to the dot-com crash and stock market declines, investment capital may flow more easily in two southern states based on two initiatives.



Florida: $450 Million for CAPCOs Considered

The Florida legislature recently approved legislation creating the Florida Space Research Institute (FSRI), an independent, industry-led organization designed to coordinate the space-related research capabilities of several public and private universities. FSRI will strive to expand the universities’ involvement in space research and education, and to insure that state academic resources are available to support the space-related needs of industry, NASA, and the military.

The end of the space shuttle program in 2010 has many state and local governments uncertain about the future of the aerospace industry. A recent NASA report estimated that as many as 10,000 contractor jobs could be lost at spaceflight centers across the country by the time the program ceases operation. Florida's John F. Kennedy Space Center would be the hardest hit, with as many as 80 percent of its current workforce lost in the next 2-3 years.

Beginning in 2003 with its $510 million investment to lure the Scripps Research Institute (see the Oct. 31, 2003, issue of the Digest), the state of Florida has drawn national attention over the past few years for its aggressive pursuit of major life science research institutions. This year, however, it looks like that strategy will have to be put on a temporary hiatus.
 

Offering customized workspace such as wet laboratories and specialized research equipment is one of the many benefits provided by technology-focused incubators. Access to university research, business mentoring and administrative support services often accompany the reduced rent facilities with the goal of growing technology companies into successful, self-sustaining enterprises. Following are select announcements of recently launched incubators and partnerships from across the nation. 
 

Florida Gov. Charlie Crist paid a visit to Wall Street last week to celebrate the signing of a new law that will increase the state retirement fund's investment in high-tech industries. Under the new legislation, the Florida State Retirement System will dedicate up to 1.5 percent of the system's trust fund to technology and growth investments. The Miami Herald estimates that this could provide nearly $2 billion for high-tech industries in the state.