People
Richard Lunak is the new CEO of Innovation Works and Ron Bianchini has been named chairman of the organization.
Pennyslvania Outlines Role and Function of Its TBED Portfolio
Is Pennsylvania getting enough bang -- or the right bang -- from its investments in promoting a tech-based economy? The state has been one of the nation's leading public investors in technology-based economic development (TBED) for more than 20 years. Programs have evolved and been added over the years as factors affecting innovation and private sector growth changed. The result is now Pennsylvania's researchers and entrepreneurs have a complex portfolio of public-private resources available to them.
Recent Research: A Response to the Morrison Paper on Leading Firms
Editor's Note: Last week's issue of the Digest included a Recent Research item, Are Leading Firms Team Players? that drew an animated reaction from a reader whose opinion SSTI holds in great respect because of his contributions to improving the understanding and delivery of technology-based economic development initiatives. As a result, Dr.
People
Gary Carter is stepping down as the executive director of the Tax Increment Financing Commission in Kansas City to become a senior vice president of Davenport One, a regional economic development agency in Davenport, Iowa.
People
Randy Weiss will serve as an entrepreneur-in-residence within the University of Iowa Research Foundation.
Pennsylvania Budget Includes Major Investments in Education; TBED Initiatives Pushed to Fall
As part of the budget deal agreed upon earlier this week between Gov. Ed Rendell and Pennsylvania lawmakers, two of the governor’s major TBED priorities - the Jonas Salk Legacy Fund and an alternative energy fund - will be voted on later this year.
Iowa Group Offers Health Care to Self-employed Entrepreneurs
With the rapidly rising cost of health insurance, entrepreneurs frequently find themselves unable to pay their premium in the early stages of business ownership. Often, this means going without health insurance or abandoning plans to launch a new firm. The North Central Iowa Alliance (NCIA) has announced a new initiative to lower this barrier facing new business owners.
Iowa Approves $100M to Fund Renewable Energy Research and Adoption
The 2007 Iowa state legislative session has looked very favorably on TBED. One of the centerpieces of Iowa Gov. Chet Culver’s campaign last year was his pledge to "develop the next-generation energy ecomony in Iowa" through a $100 million state fund (see the Feb. 19, 2007 issue of the SSTI Weekly Digest). The Iowa Power Fund was approved by the state’s General Assembly late last month and closely resembles Gov. Culver’s original plan.
People & TBED Organizations
George Burrell resigned as president and CEO of Innovation Philadelphia. Kelly Lee, the organization's executive vice president, is running day-to-day operations until Burrell's successor is named.
People & TBED Organizations
The Colorado Renewable Energy Collaboratory selected David Hiller as its first executive director.
People & TBED Organizations
The Rhode Island Manufacturers Association and the Rhode Island Manufacturing Summit have joined forces to serve as one voice for manufacturing in the state.
People
The Northeast Iowa Business Accelerator named Brian Dalziel as its first regional director.
People
The Supercentenarian Research Foundation, a new nonprofit organization based in Pittsburgh, has selected outgoing Pittsburgh Life Sciences Greenhouse CEO Doros Platika as its chaiman.
Pennsylvania Launches $90M to Boost Clean Energy Innovation
Many states are now pursuing seed and venture investment strategies to support the growth of clean energy businesses. Last month, Pennsylvania concluded a year-long series of meetings with private sector investors, financial experts, and nonprofit state energy funds and introduced a $90 million strategy to leverage public and private capital for renewable energy. The plan links economic development and environmental protection in a manner intended to promote the state as a leader in emerging clean energy industries.
People
Dr. Anthony Green has been appointed vice president of regional technology initiatives for Ben Franklin Technology Partners of Southeastern Pennsylvania.
People
The Association of University Research Parks named the Science Center in Philadelphia "Outstanding Research Park of the Year."
People
The Hershey Center for Applied Research announced that Laura Butcher will serve as its first executive director, effective Jan. 3.
Iowa Governor Wants $50M for Advanced Manufacturing
On the heels of the release of two roadmaps calling for increased state support for advanced manufacturing and information technology (IT), Iowa Gov. Tom Vilsack announced plans to spend $50 million "to attract leading scientists to Iowa and spark new research and product development," according to the Des Moines Register.
Iowa Researcher Finds Limits to the Economic Impact of Ethanol
In recent years, Iowa, like many midwestern states, has experienced a boom in ethanol production. Iowa's natural competitive advantage in growing and processing corn has helped it to move to the forefront of the emerging biofuels industry. The state provides numerous incentives and assistance programs through its Department of Natural Resources to help spur the creation of ethanol-related companies and jobs.
Programs Recruit, Train Workers and Youth for Critical ‘Middle Skill’ Jobs
Across the nation, policymakers, business leaders, private foundations and nonprofit groups are investing in science, technology, engineering, and mathematics (STEM) graduates to maintain a competitive U.S. workforce. From middle school math and science labs to engineering-centered summer camps and tuition reimbursement for undergraduates who pursue these fields, there is widespread support for STEM graduates.
Reports Examine Two States' Experience with Economic Incentives
Incentive packages to attract companies are nothing new in economic development. In recent years, though, incentives have been used to recruit technology companies, and these incentive packages are growing in scope and complexity, with some in the hundreds of millions of dollars. Two recent reports that take a close look at experiences in North Carolina and Iowa may be of interest to communities and states using incentive packages to recruit companies to their area.
North Carolina
People
Gov. Chet Culver has appointed Mike Tramontina as director of the Iowa Department of Economic Development.
People
Steve Zylstra stepped down as CEO of the Pittsburgh Technology Council.
People
Beth Gorin stepped down as CEO of the Lehigh Valley Economic Development Corporation.
TBED People
Curtis Brown announced that he will resign as executive director of the Mason City Economic Development Corp., effective July 11, to become the economic development coordinator for the City of Ankeny, Iowa.