Fed Considers Connection between Universities, Economic Growth
It won’t come to any surprise to Digest readers that there’s a connection between universities and economic prosperity. In addition to educating students and advancing science and technological innovation, the localized economic impact of institutions, alone, provides a buffer to economic swings for many mid-sized and smaller cities and college towns. How best to incorporate universities into regional tech-based economic development strategies without compromising core missions is an art not every community has mastered.
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Dean Lewis was named interim president and CEO of the Science Center. Lewis replaces Pradip Banerjee, who left in January.
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Aris Melissaratos is the new special adviser to the president for enterprise development at the Johns Hopkins University. The position was created for Melissaratos following his departure as secretary of the Maryland Department of Business and Economic Development.
Illinois Governor Proposes $100M to Improve Capital Access
In his recent combined State of the State and budget address on March 7, Illinois Gov. Rod Blagojevich proposed the formation of the Illinois Community Assets Fund (ICAF), a $100 million venture designed to increase access to capital and financing to economically distressed communities and populations that have had inadequate access to mainstream capital markets within the state. The assets of ICAF would be contained within the State Treasury, and the Illinois Department of Commerce and Economic Opportunity (DCEO) would administer the fund.
Job Corner: Penn State Seeks Director of Economic and Workforce Development
Penn State University is seeking an entrepreneurial leader for its Office of Economic and Workforce Development. This office serves to advance the economic well-being of Pennsylvania, ultimately by helping to create and retain jobs and enhance the skills of the workforce in the Commonwealth. The director of economic and workforce development reports to the vice president for outreach at Penn State's campus in University Park, Pa. A master’s degree or equivalent knowledge and at least seven years of related experience are required.
PA Gov. Outlines Manufacturing Recovery Strategy
Hoping to combat and reverse job losses in the manufacturing sector, Pennsylvania Gov. Edward Rendell outlined his blueprint for recovery last month, entitled "Manufacturing Innovation."
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Teri Ooms is the first director of the new Joint Urban Studies Center in Wilkes Barre, Penn.
S&T Position Openings
Advanced Technology Program
The Advanced Technology Program (ATP) within the National Institute of Standards and Technology is accepting applications for three leadership positions: the Deputy Director for ATP, the Director of the Economic Assessment Office, and Director of Information Technology and Applications. Starting pay for all three positions is $115,811 - $130,200. Position descriptions and application procedures are available at the following webpages:
Conference Sponsor Profile: The Illinois Department of Commerce & Community Affairs
Less than two years into his first term, Illinois Governor George Ryan has made tech-based economic development a leading priority. The cornerstone of the state's new commitment to science and technology is the $1.9 billion five-year Illinois VentureTech initiative, which was profiled in the February 18, 2000 edition of the SSTI Weekly Digest (see http://www.ssti.org/Digest/2000/021800.htm)
SSTI Conference Sold Out, Expanded Bookstore Opens
Thank you! The overwhelming response to Beyond the Hype: Tools for Building Tech-based Economies has resulted in the conference being sold out. With attendees from 42 states, the District of Columbia, and Puerto Rico, SSTI's fourth annual conference promises to be a great one. Please note, there will be no walk-in registration possible at the conference doors.
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Vic Johnson, Director for Policy, Planning & Technology in the Louisiana Department of Economic Development (LDED), is taking the position as manager of the Technology Transfer Office of the Louisiana Business & Technology Center. Mark Galyean will be handling Vic’s responsibilities at LDED.
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After many years with the variously named New York offices for science & technology, Bruce Layton is moving to Illinois to become the Director of Government Relations for Northwestern University.
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Frank Horrigan is leaving Innovation Works in Pittsburgh to become director of the Governors Action Team SW Regional Office.
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Louisiana Gov. Kathleen Blanco has appointed Michael Olivier to serve as Secretary of Louisiana Economic Development. Olivier was president and CEO of the Harrison County Development Commission in Gulfport, Miss., for 17 years.
Louisiana Tech Fund Gets $2.3M for Startups
Two years following its creation, the Louisiana Technology Fund has $2.3 million to help the early-stage technology companies for which it was intended, the Baton Rouge-based Advocate reported earlier this month. The fund stems from 2002 legislation that revived Louisiana's Certified Capital Companies (CAPCOs) program.
Website, Reports Stress Importance of States' Fuel Cell Incentives
While the federal government supports fuel cell research, nearly every state across the country has taken a more active role in advancing the development and commercialization of fuel cell and renewable energy technologies, according to two recent reports from the North Carolina State University Solar Center. A web-based directory of more than 875 state and federal initiatives managed by the center helps prove that point.
Southern Growth Seeks Input on Innovation Survey
Southern Growth Policies Board has launched its 2006 online survey at http://www.southern.org/main/surveyintro.shtml to poll Southern citizens on their attitudes towards innovation and technology, and their role in the economic future of the region.
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The NanoBusiness Alliance has named Sean Murdock to serve as its new executive director.
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Pete Tartline has resigned his position as president and CEO of the Technology Council of Central Pennsylvania.
Mentoring, Financing Linked for Pittsburgh Biotech Firms
Financial success for any start-up tech firm more often depends on adequate financing and proper management than the specific technology, experts say. Two tech-based economic development organizations in Pittsburgh have formed a new alliance to offer entrepreneurial life science firms with an eye toward greater sustainability and profitability.
Carnegie Mellon Reviews University-Cluster Interrelationship
A study released last week by the Economic Development Administration (EDA) and Carnegie Mellon University's Center for Economic Development finds that, within a region, universities are best able to affect the growth of young, emerging clusters. The study, Universities and the Development of Industry Clusters, concludes a "university must have a large base of research and development in order to significantly impact a cluster..."
Illinois’ Hydrogen Highway Promising For State’s Economy
Hydrogen and fuel cell technologies in Illinois could produce sustainable economic growth and environmental benefits for years to come, suggests a report recently released by the Illinois Coalition. Prepared by the Illinois 2 H2 Partnership, The Hydrogen Highway: Illinois’ Path to a Sustainable Economy and Environment looks to establish the state as an international leader in the fuel cell industry.
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Jill Felix, chief executive officer of the University City Science Center in Philadelphia, has announced she is stepping down.
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The Allegheny Conference on Community Development announced the following three staff appointments: Leigh McIntosh was named special projects director, Katherine Needham is a new senior vice president, and Roger Cranville will serve as senior vice president of business investment for the Pittsburgh Regional Alliance.
Pa. General Assembly Approves Economic Stimulus Plan
Shortly after a General Assembly vote last week, Pennsylvania Gov. Ed Rendell announced the bipartisan approval of the remaining components to the state’s economic stimulus package. The governor's plan is intended to fuel major new investment in communities across the state.