Proposed Michigan Budget Offers New Incentives for Job Creation
Gov. Jennifer Granholm unveiled her fiscal year 2009 budget last week, proposing to refinance a portion of the state’s general obligation and taxable tobacco bonds and reduce spending across nearly all state departments in order to finance new proposals without raising taxes.
SSTI Job Corner
More information on these opportunities and others is available at http://www.ssti.org/posting.htm.
More Female Students Pursuing Science and Engineering Degrees, NSF Report Shows
The American science and technology workforce is undergoing a major demographic shift. A report issued last week by the National Science Foundation shows that more women are participating in university science and engineering (S&E) programs than ever before. The biannual NSF report, entitled Women, Minorities, and Persons With Disabilities in Science and Engineering, provides a broad overview of demographic trends within university S&E programs. In 2007, the report's overriding theme is that although U.S.
As State Revenues Recede, Some S&T Cuts Made
The latest semi-annual state fiscal survey, released jointly this week by the National Association of State Budget Officers and the National Governors' Association, reconfirms the increasing pressure on state coffers found six months ago. Slowing revenues and increasing Medicare and health care costs have resulted in 16 states reducing expenditures in the current fiscal year by $1.6 billion. Eleven states also are reducing their FY 2002 revenue projections.
Hawaii’s Investment in State TBED Agencies to Increase Dramatically in Proposed Budget
Hawaii Gov. Linda Lingle has submitted her budget proposal to the state legislature for the fiscal biennium 2007-09, including significant increase in the amount allocated for certain state economic development entities. The High Technology Development Corporation (HTDC), a state agency that develops and supports Hawaii’s science and technology resources, would grow from average annual expenditures of $4.2 million in the 2005-07 biennium cycle to $9.8 million in the next cycle.
Useful Stats: 2005 Science & Engineering Doctorate Awards by State
The National Science Foundation (NSF) has released the 2005 statistics for science and engineering (S&E) doctorate awards. Science and Engineering Doctorate Awards: 2005 details trends in doctorate awards by S&E field and recipient characteristics, institutions awarding doctorates, and postgraduation plans of recipients.
People
John Maxson, former president of the Illinois Coalition, was named CEO of The Greater North Michigan Avenue Association.
Amended VA Budget Could Be Kind to TBED
Ah, the difference positive revenue figures make for some states' tech-based economic development (TBED) portfolios! In mid-December, Virginia Gov. Mark Warner introduced an amended 2004-2006 biennial budget that is the most favorable yet during the Warner term for programs to promote economic growth through strategic investments in science and technology.
People
E. Dana Dickens announced he will step down from the Suffolk City Council (Va.) to become president of the Hampton Roads Partnership, a group promoting economic development in the region.
Tech Talkin' Govs III
This is the third in a series of articles as SSTI continues its look at the prominence of tech-based economic development in the Inaugural, State of the State and Budget Addresses given by the nation's governors. Highlights from this week's speeches are provided below.
Impact Analysis Finds Virginia's CIT Surpassed 2003 Goals
The line was drawn in the sand a year ago. Some felt Virginia's Center for Innovative Technology (CIT), the Commonwealth's lead organization for science and technology, had been set up for failure in a partisan fight for limited public revenues. Like the rest of Virginia's economic development portfolio, CIT took a big hit in the budget cycle as Virginia dealt with a multibillion-dollar deficit in fiscal year 2003.
Michigan Creates $150M VC Fund and Broadens Mfg Tax Credits
Last Thursday, Gov. Jennifer Granholm signed bills to aid Michigan’s tool and die industry and to promote new venture capital investment in the state’s high-tech industries.
13 Cities Receive $89 Million from NSF for Math and Science Ed
The National Science Foundation’s Division of Educational System Reform is funding cooperative agreements with 13 urban school districts: Birmingham, Chattanooga, Chicago, Fresno, Memphis, Miami, Minneapolis, Nashville, Newport News, Oklahoma City, Omaha, Pittsburgh, and Philadelphia to improve K-12 mathematics and technology education. The awards are aimed at districts that already have improvement programs in place.
First Partnership for Innovation Awards Announced
The National Science Foundation (NSF) has recommended awards for 24 projects in communities around the country to help translate knowledge gained from basic research into new products, businesses and services, as well as to provide workforce education and training opportunities focused on innovation. Totaling more than $14 million, each averaging about $600,000 over two or three years, the first-ever Partnerships For Innovation (PFI) awards cover projects in 20 states and Puerto Rico.
New Centers Created by NSF
This week, the National Science Foundation (NSF) announced the establishment of four new Materials Research Science and Engineering Centers (MRSECs) and two new Engineering Research Centers (ERCs).
Information Technology Research Awards Made by NSF
The first $90 million has been awarded through NSF’s new program Information Technology Research (ITR) initiative. The goal of the program is to build US leadership in information technology (IT) through support of fundamental research and innovative applications of IT. The ITR program is designed to strengthen the nation’s IT knowledge base as well as the IT workforce.
Michigan Legislature Frees Fed R&D Grants from State Taxes
Michigan small businesses receiving state and federal grants for research and development will be able to put more of those funds into their work, with legislation unanimously passing the state Senate last week.
Virginia Launches $12M Rural Broadband Initiative
One of the more interesting uses of funds from the national tobacco settlement with the states, Virginia officials announced a $12 million economic development and broadband technology infrastructure initiative to serve more than 25 towns, cities and counties of rural Virginia.
High-Tech Tax Credit Bill Renewed with Minor Revisions
Amid criticism from taxpayers, legislators in Hawaii agreed to renew the widely debated bill that extends high-technology tax credit for another five years, without a provision requiring the disclosure of companies that receive the credits, the Honolulu Advertiser recently reported.
People
The National Science Board recently named Mary Good to be the recipient of the 2004 Vannevar Bush Award for "her life-long contributions to science, engineering and technology, and for leadership throughout her multi-faceted career."
New Resources: ACA Launches Website
Best practices and a how to guide written by real practitioners of angel financing are just two of the new resources available through the Angel Capital Association (ACA). The following papers for understanding and growing a local seed capital activity within a region are available through the association's website:
HHMI To Fund New Va. Biotech Magnet Program
The Howard Hughes Medical Institute (HHMI) announced last month a partnership with the Loudoun County, Va., school district to donate $1 million per year to establish a biotech magnet program for area high school students.
States Take Steps on Outsourcing
One of the hottest political topics this year is the outsourcing of U.S. jobs to other countries. A Google search on "outsourcing" returns about 4.8 million pages. Reports from Gartner, Forrester Research, McKinsey & Company, AeA, and the Institute for International Economics, among others, have looked at the topic and fed the interest.
Report Offers Guidelines For Sustaining Diversity Efforts in S&T
Prompted by confusion over the dual rulings in the University of Michigan affirmative action cases last year, the American Association for the Advancement of Science (AAAS) and the National Action Council for Minorities in Engineering have released a new report to clarify the legalities and offer options for implementing and sustaining diversity programs within science, technology, engineering and mathematics (STEM) fields.
People
Eugene Huang will replace Virginia Secretary of Technology George Newstrom, who is resigning after two years in the position.