To spur technology development in the state, the Maryland Technology Development Corporation (TEDCO) has entered a collaborative agreement with the nation's cryptologic organization, the National Security Agency (NSA). TEDCO’s mission is to help foster a technology economy that will create and sustain businesses throughout Maryland. NSA coordinates, directs and performs highly specialized activities to protect U.S.

Speaking to a joint session of the House and Senate, Illinois Governor Rod Blagojevich recently presented his first budget, one that addresses a $5 billion budget crisis.

Christopher Foster has been named technology coordinator for the Maryland Department of Business and Economic Development.

John Murray has been named executive director of the Maryland Economic Development Commission.

The Maryland Technology Development Corp. (TEDCO) and the Department of Business and Economic Development (DBED) recently presented the first part of a two-phase study by the Johns Hopkins Institute for Policy Studies entitled The Genealogy of Maryland Entrepreneurs.

The Maryland Technology Development Corporation (TEDCO) kicked off the new year with a new $330,000 program to support Maryland companies wishing to develop technology-based products and/or services in collaboration with Johns Hopkins University (JHU), Morgan State University (MSU) or federal laboratories in Maryland. The Maryland Technology Transfer Fund (MTTF) will award non-equity investments of up to $50,000 per project.

Chicago

Carbondale, Illinois

The Maryland Technology Development Corp. (TEDCO), RESI (a regional economic studies institute at Towson University), and the Maryland Business Incubation Association (MBIA) presented on Thursday the results of the Maryland Incubator Impact Study — a first-of-its-kind study for the state by measuring the economic impact of Maryland's six public- and university-related high-tech business incubators on the state's economy. 

Christopher C. Foster is the new state technology coordinator at the Maryland Department of Business and Economic Development.

Several recent project announcements highlight communities using incubators and research parks, some of the tools for technology-based economic development, in specialized formats to capitalize on existing strengths and nurture additional growth of clusters of related tech firms. Such targeted approaches can help to focus other TBED activities for additional benefits.

Illinois Governor Rod Blagojevich has nominated Jack Lavin to run the newly named Department of Commerce and Economic Opportunity. The agency was formerly called the Department of Commerce and Community Affairs. Lavin was chief financial officer for Rezco Enterprises.

Patrick Rea recently was selected as administrator for the Small Business Administration's six-state region involving Indiana, Illinois, Michigan, Minnesota, Ohio and Wisconsin.

Dyan Brasington, former president of the Technology Council of Maryland, is the new director of economic and workforce development at Towson University.

Greater Baltimore Technology Council executive director Penny Lewandowski is leaving at the end of May to join the Edward Lowe Foundation in Detroit. Assistant director Steve Kovak has been named her successor.

Johns Hopkins University has named Jill Tarzian Sorenson to serve as associate provost and director of the Office of Licensing and Technology Development.

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

The nation's most significant source of funding for life science research, the National Institutes of Health, announced two sweeping changes last week that could dramatically alter biotechnology commercialization. The first policy change addresses known and potential conflicts of interest by NIH employees, while the second encourages all NIH-funded research to be released publicly within 12 months of final publication.

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.

SSTI is pleased to announce that Mr. Kevin Plank, chairman and chief executive officer of Under Armour Inc., will be a keynote speaker at SSTI's 11th Annual Conference on Oct. 18-19 in Baltimore.

From federal, state and local governments to nonprofit organizations and private industry, nearly every sector has a stake in recruiting youth to the high-tech manufacturing jobs of the future in order to maintain a competitive advantage.

 

The Maryland Technology Development Corporation has awarded more than $500,000 to seven start-up technology companies. The program, TEDCO’s Maryland Technology Transfer Fund (MTTF), is designed to help businesses transfer technology from Maryland universities and federal laboratories into the marketplace. The grants range between $70,000 and $75,000.

 

SSTI is wrapping up the conference brochure for our 11th annual conference, Transforming Regional Economies, a mailing that goes to more than 12,000 TBED practitioners.

Sen. Patrick Hogan announced he would step down from the Maryland State Senate to become vice chancellor for government relations for the University System of Maryland.