Business First Stop Will Assist Appalachian Entrepreneurs in Three-State Region
A new resource for tech-based businesses in rural Ohio, Eastern Kentucky, and West Virginia was launched last week. The Appalachian Regional Entrepreneurship Initiative (AREI) is expanding its efforts to support growth of a technology-based entrepreneurial economy in Appalachia Ohio and neighboring states through a new website, http://www.bizfirststop.com
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Kentucky Governor Paul Patton has appointed Bill Brundage to the serve as the state's first Commissioner for the New Economy. Dr. Brundage will oversee the new Kentucky Innovations Commission, which is attached to the Governor's Office and tasked to oversee the state's $55 million New Economy initiative.
Technology/Research Park Development News
Carbondale, Illinois
NETT Issues Economic Strategy for Northern Kentucky
The New Economy Transition Team (NETT) of the Northern Kentucky Chamber of Commerce has issued a 73-page plan that, if implemented successfully, could position Northern Kentucky as a center for life sciences and information technology, advanced manufacturing and financial services.
Chicago Adopts New Tech-Based ED Strategy
With 90 percent of Chicago’s economy in slow-growth sectors such as manufacturing, retail, financial services and real estate, leaders from business, academia, government and nonprofit groups have joined forces to develop and implement a strategy to establish the city as a key player in the New Economy.
Job Corner: Illinois Technology Development Alliance Seeks President
The Illinois Technology Development Alliance (ITDA) is a private, nonprofit 501(c)(3) corporation providing entrepreneur training, commercialization, and technology transition services for government, major research institutions, and corporations. ITDA is looking for a president who will work closely with the organization's board to establish a work plan and priorities to fulfill the mission of the ITDA and will have operating responsibility for the successful implementation of the plan.
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Marvin Strong, Jr. announced he will resign as secretary of the Kentucky Cabinet for Economic Development, effective Jan. 31.
People
The Association of University Technology Managers (AUTM) selected Vicki Loise as its first executive director.
People
Jim Pennekamp will be the executive director of Southern Illinois University Edwardsville's research and business park, effective Dec. 1.
Tech Talkin' Govs 2005, Part Five
The first four installments of SSTI's annual look at how TBED will play in the 2005 legislative priorities of the governors can be found in the Digest archives on our website: http://www.ssti.org/Digest/digest.htm
Kentucky
New Agency Spun Out of Illinois Coalition
Goal is improved service delivery, advocacy for tech community
To produce a more focused and effective effort in the areas of commercialization and advocacy, the Illinois Coalition has divided into two separate public-private organizations.
Illinois Uses Executive Order to Fund Stem Cell Research
While some state legislatures debate banning public funds for some or all stem cell research, others are using whatever funding tools they have available to advance the controversial science. Some states use tobacco settlement money, others use revenue bonds, and still others use direct appropriations. Some states use voter referenda while most stay within the traditional state legislative process. The newest twist comes from Illinois, where Illinois Gov.
ITDA Seeks Venture Development Director
The Illinois Technology Development Alliance (ITDA) is looking for a Venture Development Director for its Chicago office. Duties include management/operations consulting; client’s screening/selection; coordination entrepreneurship mentoring; consulting/technical assistance; technical review of commercial potential of technologies. Qualified applicants must posses an MBA/B.S. in Engineering with at least five years of experience in the fields of business development/consulting.
ConnectKentucky Unveils Maps to Identify Gaps in Broadband Service
Moving forward with the governor's statewide broadband initiative, the ConnectKentucky Steering Committee and Gov. Ernie Fletcher recently unveiled Phase I Maps to illustrate service gaps and to serve as an economic development resource for communities.
People
Kentucky Gov. Ernie Fletcher appointed Denise Bentley to serve as liason to the Louisville Metro and Lexington-Fayette Urban County Government councils under the Governor’s Office for Local Development. The position is newly created.
People
Eric Davis, president of the Greater Owensboro Chamber of Commerce and Economic Development Corp, resigned last week.
People
Sue Strommer has joined the National Association of Seed and Venture Funds as Chief Executive Officer (NASVF) as CEO. Charlie Spies, the former president and CEO, will remain as president of NASVF.
Recent Research:Chicago Fed Looks at Higher Ed and Economic Growth
It is no coincidence that every article in this issue of the SSTI Weekly Digest touched on some aspect of higher education's role in promoting economic growth. Knowledge-based economies driven by innovation require strong and successful institutions of higher learning. Those same types of economies, particularly when applied on a global scale, present unique challenges to sustaining educational and research excellence with academia based on older models of financing and leadership.
Kentucky Aims to Achieve World-Class Status in Life Sciences
With the proper utilization of existing resources, the development of key new programs, strong leadership within state government and coordinated efforts among all programs and stakeholders, Kentucky has the opportunity to become a world leader in specific niches of the life sciences industry, says a report from the Governor's Life Sciences Consortium.
Illinois Governor Proposes Own Economic Stimulus Plan, Yet Cuts Funding for TBED Programs
Gov. Rod Blagojevich unveiled a $25 billion capital plan supporting, in small part, several energy and technology projects, while at the same time eliminating funding in his fiscal year 2009 operating budget for several TBED-related programs within the Department of Commerce and Economic Opportunity (DCEO).
SSTI Conference Agenda Set!
Reservations for Beyond the Hype: Tools for Building Tech-based Economies and limited-seating, pre-conference workshops started coming in only hours after we posted the date (October 3-4), price (extremely reasonable) and location (Chicago) on our web site. We’re glad to see so many of you are as excited about this year’s conference as we are.
CDVCA, NASVF, STC Offer Free E-newsletters
Two venture capital associations and the Southern Technology Council are offering free electronic newsletters to the general public that may be of interest to SSTI Weekly Digest readers. Occasionally stories offered in these publications overlap with Digest articles, however, each provides additional information and perspectives for the S&T community.
Legislative Actions & Tech Talkin' Govs 2006, Part III
People
Lori Clark is the new coordinator of agency relations and research park initiatives at Northern Illinois University.