Michigan Universities Join Forces for $75M Entrepreneurship Initiative
A consortium of Michigan’s 15 public universities recently announced a decade-long initiative to launch 200 new businesses in the state. The Michigan Initiative for Innovation and Entrepreneurship (MIIE) plans to raise and distribute $75 million over the next seven years through grants for commercialization projects, university-industry partnerships and entrepreneurship education.
New TBED Proposals Win Support in Michigan Legislature
Last month, Gov. Jennifer Granholm announced legislative approval of two TBED priorities unveiled during her State of the State Address, a program supporting in-state entrepreneurs and continued investment in an initiative to train displaced workers.
Dual Reports Show Perceptions, Benefits to Higher Education in Georgia
An overwhelming majority of residents in Georgia see higher education as vital to the state’s economic growth and quality of life, as more educational attainment is aligned with higher incomes, higher levels of entrepreneurship and less government spending.
People
John Austin is the newly appointed executive director of the New Economy Initiative for Southeast Michigan.
Tom Cech announced he will return to the University of Colorado at Boulder next year to pursue laboratory research and teaching after eight years as president of the Howard Hughes Medical Institute.
Research Initiatives Slated for Funding in Approved State Budgets
Lawmakers in Georgia and Maryland approved action earlier this month on several TBED-related measures for the upcoming fiscal year. Highlights of the approved budgets are outlined below.
Georgia
SSTI Job Corner
More information on these opportunities and others is available at http://www.ssti.org/posting.htm.
Regional Efforts in Southeast Michigan Leads to Shared Impact Report
Rallying the myriad local organizations, chambers of commerce and political jurisdictions of any large metropolitan area toward a shared economic development agenda is challenging. To twist a phrase from supply-side economics, the “trickle around” theory of benefits – when any major economic development project occurs in one community will have spillover benefits for the entire region – is a tough sell to communities and school systems trying to keep their budgets in the black.
Incubator RoundUp: Growing and Sustaining High Technology Companies
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.
Recent Research: Do State Merit-Based Scholarship Initiatives Decrease Enrollment in the STEM Fields?
Since the inception of the HOPE scholarship program in Georgia 15 years ago, the number of state-sponsored merit-based scholarship initiatives to increase the number of students attending in-state colleges and universities has increased throughout the country. One such statewide initiative, Florida’s Bright Futures Program, was established in 1997 and has since become the second largest merit-based scholarship program in the U.S. At the recent annual forum of the Association of Institutional Research held in Seattle, Dr.
People & TBED Organizations
The Aerospace, Manufacturing and Information Technology (AMIT) Cluster of Southern Arizona has consolidated its operations with the Arizona Technology Council.
People & TBED Organizations
William "Chip" Farmer was named interim director of the Greater Richmond Technology Council. Farmer replaces Robert Stolle, who left in December 2007 to join Core Consulting, a business and information technology consulting firm.
Exciting Opportunities Available on SSTI's Job Corner
Are you thinking about making a career change? If so, visit the SSTI Job Corner at http://www.ssti.org/posting.htm.
In addition to the new opportunities described below, the SSTI Job Corner has openings for these positions:
Job Corner: GDEcD Seeks Director for Innovation and Technology Office
The Georgia Department of Economic Development (GDEcD) is seeking a director to run its Innovation and Technology Office. The director is responsible for implementing and expanding a statewide technology and innovation-based economic development program that encompasses a full range of sales, marketing, business recruitment, business development, community development and public relations activities.
SSTI Job Corner
Complete descriptions of these opportunities and others are available at http://www.ssti.org/posting.htm.
Useful Stats: 2006 Industrial R&D Intensity per State
According to National Science Foundation (NSF) data released two weeks ago, companies spent in aggregate $247.7 billion on R&D expenditures performed in the U.S. in 2006. Leading the nation was California, with $58.4 billion in industrial R&D, followed by Michigan ($16.5 billion), Massachusetts ($15.6 billion), New Jersey ($14.6 billion), and Texas ($13.3 billion).
TBED People
- Tony Armstrong, Indiana University executive director for engagement, has been chosen as the Indiana University Research and Technology Corporations new president and CEO.
- Jeff Costantine will retire this fiscal year as president of the Nashville Technology Council. The board of directors has begun the search for a new president.
People & TBED Organizations
The Georgia Department of Economic Development has promoted Carol Henderson to director of its Innovation and Technology Office.
Clusters Garner More Attention from NGA, Researchers
The National Governors Association (NGA) Center for Best Practices has selected seven states to participate in a year-long policy academy named State Strategies for Promoting Innovative Clusters and Regional Economies. Teams from the seven states – Georgia, Illinois, Iowa, Kentucky, Maryland, Oregon and West Virginia – will collaborate with staff from the NGA to create action plans for improving each state’s competitiveness and economy through cluster development.
People & TBED Organizations
Mark Allen was named the new senior vice provost for research and innovation at Georgia Tech. Allen replaces Charlie Liotta, who has returned to the school's faculty.
Michigan Lawmakers Approve Budget: 21st Century Jobs Fund Spared, Three Universities Receive Special Status
For the better part of the year, lawmakers in Michigan have faced the daunting task of balancing both a budget shortfall for fiscal year 2007 and a nearly $1.6 billion deficit for FY 2008. An agreement between Gov. Jennifer Granholm and lawmakers was reached in the early morning hours of Oct. 31, following a one-month extension of the deadline and a brief government shutdown.
Looking Back at SSTI's 9th Annual Conference Sound Strategies for Encouraging Regional Entrepreneurship
Note: This is the first in a series of articles SSTI will be running over the next several weeks to provide synopses of selected breakout sessions from SSTI's 9th Annual Conference, held Oct. 19-21, 2005, in Atlanta. Ideas for 2006 conference sessions can be forwarded to skinner@ssti.org.
Looking Back at SSTI's 9th Annual Conference Alternative Energy and TBED: A Powerful Opportunity
In another wing of the InterContinental Buckhead Atlanta, site of SSTI's 2005 conference, participants shared what their states and regions are doing in the area of encouraging the development and deployment of alternative energy.
SSTI Offers Its Thanks for Successful Conference in Atlanta
There were recurring themes underlying the design and development of SSTI's 9th Annual Conference, Investing in a Brighter Future: Building Tech-based Economies, held Oct. 19-21 in Atlanta, Georgia: inevitability, irrelevance and inspiration.
People
Michael Finney, CEO of Greater Rochester Enterprise, is leaving to become president and CEO of Ann Arbor SPARK.
People
Anne Wein is the new executive director of Southeast BIO, a nonprofit organization concentrating on the growth of the life sciences industry.