Building Entrepreneurial Networks, a major report on how and why networks of entrepreneurs nurture economic growth in communities across the country, was released Wednesday by the National Commission on Entrepreneurship (NCOE). 



To illustrate the importance of entrepreneurial networks, NCOE’s seventh report profiles five organizations in Idaho, North Carolina, Oklahoma, Pennsylvania and Texas that have succeeded in developing unique entrepreneurial networks. 

With disaster comes opportunity for dramatic changes to occur through the healing and rebuilding processes. Floods, hurricanes and tornados have helped to energize devastated areas into becoming more vibrant communities. The deep recession of the late 80s and restructuring of many key industrial sectors ushered in many state tech-based economic development programs, the benefits of which are being felt more than a decade later. 

Declaring September “Nonprofits & Technology Month,” the Foundation Center has launched a website presenting myriad financial and technical assistance resources to support the acquisition and use of information technology in nonprofit organizations.

With the 1994 School-to-Work Opportunities Act sunsetting this year and the increasing importance of developing a skilled workforce for a tech-based economy, many are asking if the initiatives launched or expanded by the Act have been successful.

In what could be the largest private sector commitment yet to a single industry/university research center, Corning, Kodak ,and Xerox have combined to pledge a staggering $45 million toward establishing a Center of Excellence in Photonics and Optoelectronics in Rochester, N.Y. The three corporate giants also committed to help raise another $30 million from other private sector companies for the new partnership involving New York State, higher education, and private enterprise.

Science policy and tech-based economic development have taken center stage in Idaho with last week’s release of the Idaho Science and Technology Strategy and the supporting new initiatives included in Governor Dirk Kempthorne’s recent budget message.

Whether it is proposal A, proposal B, or some combination of A and B, university research and development efforts in New York stand to gain an additional $40-50 million per year for the next five years. The new funding would be in addition to the $135 million injection of state funding directed toward university research excellence through the New York State Office of Science, Technology and Academic Research (NYSTAR).

Linda Hartsock was hired by Empire State Development to serve as regional director for Central New York.