Independent MTI Assessment Reveals Economic Impact
If the success of its funded companies is revealing, the Maine Technology Institute (MTI) has done well to spur innovative activity in Maine, suggests an independent analysis recently released in the state.
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.
Lawmakers Approve Funding for TBED Initiatives in Tennessee, Maine
As July 1 approaches, the beginning of the 2008 fiscal year for most states, several state legislatures are still working to wrap up their appropriation bills. Maine and Tennessee are two of the most recent to close their books on next year’s budgets, and each has included increased funds to support TBED initiatives. Highlights for both states are provided below.
Maine
Opportunity Maine Uses Cash to Stem Brain Drain
A bill designed to keep new Maine graduates living and working in the state after college became law last week with Gov. John Baldacci’s signature. The Opportunity Maine bill, LD 1856, creates a tax credit to assist graduates with their student loan payments and enables employers of graduates to pay off the student loans.
Election Preview: States Consider TBED-Related Ballot Measures
Voters in four states will consider several TBED-related measures at the polls next week, including a $3 billion cancer research proposal, state funding for stem cell research, and an R&D bond proposal to spark job creation in emerging technology sectors.
Texas
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.
Maine Ponders Mega Investments for R&D, Tech
$190 million? $200 million? $250 million? Each of these figures has been advanced in Maine to support three different approaches toward tech-based economic development. The bottom line for the 2007 legislative session is Maine’s elected leaders - from the governor and the state assembly - believe a sizable injection of public funding is required to accelerate research and technology commercialization in the Pine Tree State.
People
Peggy Schaffer left Maine's Office of Innovation to become chief of staff of the Maine Senate Majority Office.
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.
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).
$50M Tech Fund Makes Cut for Maine Bond Package
A $295 million three-part bond referendum package passed by the Maine State Legislature last week includes a number of components central to the state’s TBED strategy, including funds to support continued development of the state’s research enterprise, expanded broadband access and increased rural/economic development financing.
TBED People
George Dycio was hired as an economic development specialist for the Lewiston-Auburn Economic Growth Council.
TBED People
Nicole Witherbee has joined the Maine Center of Economic Policy as a federal budget analyst and communications coordinator.
Maine Issues Guide for the Creative Economy
Maine Gov. Mark Baldacci has unveiled a new handbook intended to help communities to capitalize upon their cultural resources to spur economic growth. Maine's Creative Economy Community Handbook: Maine State Government Resources for Communities offers advice for community leaders interested in building a creative and dynamic workforce. The guidelines it gives for designing a strategic plan could benefit communities across the country interested in similar initiatives.
People
Lori Clark is the new coordinator of agency relations and research park initiatives at Northern Illinois University.
Maine Continues $41M Laptop Program
It caught the attention of quite a few people when it was first proposed in early 2001, but Maine's investment in 2002 to provide every seventh and eighth grader with a new laptop - approximately 32,000 students and 4,000 teachers - continues to provide a useful example of the size and type of commitment and risk that elected leaders have to be willing to make to transform the outlook for a state or regional economy. It took strong leadership and determination from then-Gov.
People & Organizations
The Center for Applied Innovation, a Chicago-based think tank, appointed Michael Patin as its new executive director.
Job Corner: Maine Department Seeks Director for Office of Innovation
The Maine Department of Economic and Community Development is seeking a qualified, energetic, collaborative person to serve as director of its Office of Innovation. The Office of Innovation seeks to advance Maine's economic well-being and to expand employment opportunities by encouraging and coordinating the state's R&D activities and fostering collaboration among its higher educational and nonprofit research institutions and the business community.
People
Dr. Janet Yancey-Wrona left her post as director of the Maine Department of Economic and Community Development's Office of Innovation to join a new University of New England biotech start-up.
Legislative Actions & Tech Talkin' Govs 2006, Part III
Maine to Increase R&D Activity to $1B by 2010
A plan to increase Maine's R&D activity to $1 billion by 2010 was revealed last week by the Department of Economic and Community Development's (DECD) Office of Innovation and the Maine Science and Technology Council (MSTAC). The level of R&D activity in Maine currently stands at $430 million.
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.
Initiatives Aim to Close Digital Divide Among Low-Income Households
Two initiatives aimed at closing the digital divide, particularly among low-income Americans, were announced earlier this month.